It’s time to integrate data and use analytics to win business. But banks must first resolve to dismantle internal barriers and learn from fintechs.
An analytical framework for determining branch profitability is required as bankers approach the difficult task of deciding whether to close unprofitable or marginal branches.
BAI’s Mark Riddle highlights bank plans for restoring profitability through both expense control and greater share of wallet.
While bankers unquestionably face a challenging environment, recent BAI Research suggests strategies for future growth.