In a post-SVB world with higher interest rates, financial institutions are evaluating their balance sheets and seeking ways to reduce costs. At the same time, client digital expectations are more demanding, and the ease with which clients can move money has accelerated.
Competition from larger banks, fintechs, and Neo-banks have increased, putting even more pressure on financial institutions to maintain the status quo and keep existing relationships. It’s critical that banks continue to make smart and cost-effective technology investments to remain competitive.
The ROI Of Business Lending Platforms
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