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Innovation Strategies at Small and Midsize FIs: How US Banks with Assets Below $100 Billion Are Punching Outside Their Weight Class on Digital User Experience

Por: Business Insider Business September 27, 2022

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Small and midsize financial institutions (FIs)—those with under $100 billion in assets—can't hope to compete directly with the quality of digital user experience (UX) on offer at the largest US banks due to their smaller tech budgets. Per 2020 eMarketer data, the nine largest US banks accounted for 60% of total banking IT/tech expenses as of May 2020.  Improving the customer experience is the top objective for community-based banks and... + full article



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