3 Strategies to amplify customer growth with a new financial health strategy For a long time, financial health strategies focused on education and literacy efforts focused on a client’s income level — often in a lecture-based format. This strategy is stale and outdated. Forward-thinking financial institutions (FI) lean into a…

How niche banks can forge new paths to growth opportunities in the wealth management market through strategic partnerships. The rules of personal finance are changing quickly. Wealth management is no longer just for the rich — people are investing in the stock market early in their careers and with limited…

How one bank has blended human and digital to empower creators. Amidst an environment of the formation and consolidation of large banks, Aaron Dorn envisaged the creation of a modern, boutique bank based in Nashville, Tennessee. The vision for Studio Bank was based on a differentiating factor of being “uncommonly…

How community banks and credit unions can deploy digital to reclaim the small business vertical Small business is often big business for community banks. This vertical continues to offer an enormous addressable market — more than 29 million small businesses, with nearly $700 billion in lending alone. One report from…

Younger consumers are turning to TikTok for financial insights. How do financial institutions seize the opportunity? TikTok has over 1 billion active monthly users, and over half belong to Generation Z — the name given to those born from the late 1990s to the early 2010s. If you have resisted…

A Q&A with Liz High, EVP — Nymbus Labs What are the core components of a niche? It’s critical for a niche bank to have two major components. A clearly identified customer. While historically banks have customer segments, a niche bank identifies customers by common, unmet financial needs and emotional…

Space for growth exists between traditional and challenger banking models. There are many ways to structure digital bank capabilities for growth while maintaining operational efficiency — a stand-alone innovation lab, a distinct digital line of business or integrating innovation into all new and existing operations. But as banks compete to…