World > Tech

Innovation Strategies at Small and Midsize FIs: How US Banks with Assets Below $100 Billion Are Punching Outside Their Weight Class on Digital User Experience

17 days ago   |   By Business Insider

Summary List Placement Small and midsize financial institutions -those with under $100 billion in assets-can't hope to compete directly with the quality of digital user experience on offer at the largest US banks due to their smaller tech budgets. Per 2020 eMarketer data, the nine largest US banks accounted for 60% of total banking IT/tech expenses as of May 2020.
And with the onset of the coronavirus pandemic ultimately forcing banks of all sizes to reduce in-person services and turn to digital, FIs face intense pressure to keep up with digitization demands. Despite obstacles small FIs...
Read more ...

 


Search by Tags

   Tech      US      Offer      Space      Banking  


Ashley Cain pays tribute to daughter Azaylia two months after her death...

Read more ...

Pictures of the Day: Sir Keir, we'd rather play than listen to you read us...

Pictures of the Day: Sir Keir, we'd rather play than listen to you read us Rumble in the Jungle

Read more ...

Prince William sets date for Earthshot Prize Awards

Five winners will be awarded £1m each for their solutions to the world's most pressing environmental problems Read more ...

Prince Harry styles himself as Duke of Sussex, HRH on daughter Lilibet...

Prince Harry styles himself as Duke of Sussex, HRH on daughter Lilibet Diana's birth certificate

The birth certificate, uncovered by US site TMZ , has Prince Harry's first name as 'HRH' and his second name as 'The Duke of Sussex'. Read more ...

Strawberry Super Moon lights up the night in spectacular pics from around...

Read more ...

Woke Britain? We're among the most anti-PC in the world, poll shows

Woke Britain? We're among the most anti-PC in the world, poll shows

Only 32 per cent of Britons believe 'culture war' divisions - revolving around supposedly insulting history and opinions - are a problem in the UK. Read more ...

Maneskin: First Eurovision, next the world

Elisabetta Povoledo explores the past and future of the Eurovision winners and speaks to the people who know them best Read more ...

Dolphyn green hydrogen project off Aberdeen to skip prototype, moves FID to 2022

The Dolphyn project, due to become the world's first floating green hydrogen development off Aberdeen, has moved its schedule to get to commercial deployment more quickly. Read more ...

2 passengers tested positive for COVID-19 on a 'fully vaccinated' Royal...

2 passengers tested positive for COVID-19 on a 'fully vaccinated' Royal Caribbean cruise

Summary List Placement Two passengers aboard a Royal Caribbean cruise sailing from the Bahamas have tested positive for COVID-19, a Royal Caribbean spokesperson confirmed with... Read more ...

Bob vs Bindi feud: Inside the private Facebook group for Bob Irwin's supporters

Bob vs Bindi feud: Inside the private Facebook group for Bob Irwin's supporters

Supporters of embattled Australia Zoo founder Bob Irwin Snr are rallying behind the family patriarch amid his feud with daughter-in-law Terri and granddaughter Bindi. Read more ...