Are your deposits lagging or leading? BAI Research released the latest state of deposit trends, which includes data from the top 20 U.S. consumer banks as well as the leading direct banks. It’s no surprise that deposit growth has been negative due to a turbulent rate environment. Consumers and small businesses have reduced their balances and made rate-driven decisions, such as a major shift into CDs offering attractive yields. How long will current trends continue? Where are deposits headed?
The trend favoring quicker customer onboarding isn’t always best practice. Instead, design an adaptable onboarding experience for the long term.
The discussion will cover key strategies and best practices to drive profitability and offer insights to stay ahead of the curve and position your institution, big or small, for success in small business lending. Read More
Banks that want to stay competitive and build customer retention with today’s high interest rates can see many advantages from commercial credit cards.
Marc Salinas and Eric Campbell from Bottomline Technologies join us on our BAI Banking Strategies podcast to share how recent industry events create an opportunity for financial institutions to position themselves as a valued resource for their business banking and commercial clients and win the battle for primary ownership of the customer relationship.
Small business lending presents a huge opportunity for financial institutions. Understanding SMB lending preferences and disclosure requirements will help banks improve their strategy.
Relationship banking—prioritizing existing primary banking relationships—allows banks to strengthen their bottom line and remain resilient.
Quick Q&A on Proactive Credit Risk Management: Leveraging Early-Warning Tools and AI in Commercial Lending
AI is no longer a buzzword or a concept of the future. It is now a tangible technology. However, leveraging the power of AI is easier said than done.
Assessing the possible costs and benefits and then Read More
Institutions with suitable service models will differentiate themselves as attractive long-term partners, not just a place for nascent companies to park their cash.
In this webinar, you’ll learn why focusing on the customer experience is key to acquiring and retaining small business customers and see how their expectations of their banking relationship change as they grow.
Holly Hughes, BAI CMO, Read More
Join us for this complimentary webinar to learn how the bank approached the unique challenges of in-branch business deposit account onboarding and the value of leveraging deposit origination technology across a branch network. Read More
Giving these operators attention and tailoring offers to their needs can help banks develop an enduring relationship that can become more fruitful over time.
Layne Kight from Deluxe is our guest on the BAI Banking Strategies podcast and will share ideas on how banks and credit unions can improve the payments experience for their business customers.
Banks and credit unions that implement the right digital strategies and invest in their platform can prove their worth to small-business customers.
Banks that provide a seamless, digitally optimized online application experience will be well positioned to attract business and increase profitability.
When small-business owners’ backs are against the wall, the imperatives are all about reducing costs, saving time and ultimately keeping the doors open.
According to a new report, 85% of banks believe greater success with small businesses is critical to their longer term success.
Join us for this complimentary BAI webinar to hear Katie Harrison from FORVIS provide an update on what is covered in the final rule of Section 1071. She will also highlight where financial services organizations can Read More
Banks can transition from policy-based approaches to predictive and scalable machine learning to improve the speed and accuracy of loan approvals.
By resetting their strategic approach in several key areas, banks can keep up with the evolving needs of their business clients.