Market Crash
Financial News

Deposit Flight Intensifies as Customers Withdraw Funds from Three Major US Banks

Leading US financial institutions, including Charles Schwab, State Street, and M&T, faced significant challenges in the first quarter as customers withdrew almost $60 billion in combined bank deposits. This trend has been accelerated by the recent collapse of Silicon Valley Bank and two other US lenders, resulting in cash moving out of bank accounts at a pace not seen since the aftermath of the 2008 financial crisis. […]

Digital marketing banking
Financial News

Banks still struggling with Digital Marketing

Despite the rapid growth of digital technology in the banking industry, the level of digital marketing maturity is still lagging behind in comparison to other industries. A recent study revealed that while many banks have implemented some form of digital marketing, only a few have reached an advanced stage of maturity. […]

Digital banking trends
Financial News

Digital Banking Trends: The Rise of AI and Eco-Customers

The banking industry has significantly changed its marketing strategies in recent years due to technological advancements, shifting consumer behaviors, and increased competition. As the world becomes increasingly digital, banks and credit unions must adapt to new marketing techniques to maintain a competitive edge. In this article, we will explore the future of bank marketing and the strategies banks must adapt to remain relevant in an ever-changing industry. […]