Winding down specials will reduce interest rate risk, while a shorter liability profile can protect net margin.
Yes, there are risks to working with people with thin (or no) credit histories. Enter alternative data.
Banks that improve their approach to the pursuit of late payments could bolster consumer loyalty, especially among young affluent adults.
Especially in sectors such as the construction industry, digitization cuts lender risk and leads to smart portfolio decisions.
Betty Cowell, senior advisor at Simon-Kucher & Partners, shares what banks large and small can expect on the retail front in the second half of 2018.
Tying this product to CD-level rates may sound unusual. But played the right way, it helps banks and customers score satisfying wins.
Despite projections of a sluggish refinance marketplace, banks can attract business by giving borrowers more payment control.
The largest three banks have gained massive market share. But that hardly spells doom for smaller banks—that is, if they know how to compete.