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Banks look to tech to gain deposits

Banks like First IB lean on tech to reduce costs, add customers

Vaidik TrivedibyVaidik Trivedi
August 21, 2023
in Strategy
Reading Time: 3 mins read
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Financial institutions are looking to upgrade their tech stacks to attract customers and drive deposit growth.  The approach of strengthening deposits and adding to the client pool follows the spring collapses of Silicon Valley Bank, First Republic Bank and Signature Bank. “Banks that had good and aggressive digital account opening experiences were able to gobble up […]

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