76% of U.S. consumers who say the more they use digital tools to manage their money the more they trust them
Banking

Traditional FIs Should Increase Investments in Digital Tools, Messaging and Education

The Story: The pandemic saw late adopters latching onto fintech platforms, with U.S. uptake growing 30 percentage points between 2020 …

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16% of women-owned small businesses that receive conventional business loans
Bank on Women

Women-Owned Small Businesses Provide Growth Opportunities for Lenders

The Story: Nearly four out of ten small businesses in the U.S. are owned by women. However, data shows that …

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17.9% of consumers who reported losing more than $2,500 in 2021
Banking

Low Financial Literacy Costs Consumers Thousands of Dollars Each Year

The Story: A recent survey by the Financial Educators Council asked consumers how much money they estimate losing because of a …

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Banking

Financial Marketers Overestimate the Quality of Customer Experience They Deliver

The Story: New data finds a persistent gap between marketers’ perception of the customer experience they are providing, and the …

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87% of M&A transactions in banking that are between community banking organizations
Banking

Vast Majority of Merger & Acquisition Deals in Banking are Between Community Banks

The Story: As M&A activity in banking soars, hitting its highest level in nearly 15 years, fresh data from the …

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65% of banking CEOs who expect to increase digital marketing spend in 2022
Banking Industry

Investing in Marketing Seeds Growth for Financial Institutions

The Story: New data from a survey of community banking leaders finds a majority plan to increase digital marketing budgets …

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81% of consumers opting in to overdraft account protection do so for unexpected but important payments
Banking Industry

Consumers Want Financial Flexibility in Banking Accounts & Advice

The Story: With overdraft fees in the spotlight, many large financial institutions are reevaluating a fee-based approach to overdrawn accounts. …

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46% of Gen Z customers who would be more likely to visit a branch offering in-person financial advisory services
Banking Industry

Data Finds Retail Isn’t Dead – But Bad Retail Is

The Story: Brick-and-mortar retail stores are evolving. With the vast adoption of e-commerce, stores with the highest foot traffic are …

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81 of Gen Z customers who like to purchase products in-store
Banking Industry

Despite Digital Options, Gen Z Wants In-Person Retail Experiences

The Story: A vast majority of Gen Z customers still want the experience of in-person shopping, with 74% emphasizing the …

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