Report: More Retail Banks Focus on Sustainability
More retail banks have responded to concerns about climate change by building sustainability into their digital transformation programs, according to a new report from Boston Consulting Group.
More Branch Closures Ahead
Connecticut will lose dozens of bank branches in the next couple of years as several lenders shutter locations, including supermarket branches made unprofitable by small margin spreads.
BCG: Coronavirus Could Transform Branch Usage
The coronavirus pandemic is on a path to radically change the way consumers interact with their banks, with 24 percent of customers planning to use branches less, or stop visiting completely, according to a new study.
Report: What Retail Banks Can Do to Remain Relevant
With customer behaviors changing and challengers such as digital giants, fintechs, and neobanks vying for market share, traditional retail banks must act now or lose out later in their quest for growth, according to a new report by Boston Consulting Group.
New Report Urges Banks to Fight New Competitors with Scale
Grow, if you know what’s good for you – that’s one of the key takeaways from a new Boston Consulting Group report on the challenges community banks face from “digital powerhouses” intent on encroaching on their customer base.
