Anzeige
Mehr »
Login
Dienstag, 21.01.2025 Börsentäglich über 12.000 News von 682 internationalen Medien
Aktienchance des Jahres! Ihre Chance auf explosive Gewinne!
Anzeige

Indizes

Kurs

%
News
24 h / 7 T
Aufrufe
7 Tage

Aktien

Kurs

%
News
24 h / 7 T
Aufrufe
7 Tage

Xetra-Orderbuch

Fonds

Kurs

%

Devisen

Kurs

%

Rohstoffe

Kurs

%

Themen

Kurs

%

Erweiterte Suche
ACCESS Newswire
404 Leser
Artikel bewerten:
(1)

Apiture: Community Banks are Missing Out on Small Business Revenue Opportunities: Report

Finanznachrichten News

New research from Apiture and Aite-Novarica Group details how community financial institutions must innovate to win small business customers

WILMINGTON, NC / ACCESSWIRE / November 29, 2022 / Apiture, a leading provider of digital banking solutions, today announced the findings of the company's joint report with Aite-Novarica Group, How Community Financial Institutions Can Make Money From Business Clients, revealing that community banks and credit unions are missing out on significant small business revenue opportunities. The survey of more than 1,000 small businesses in the U.S. found that while less than 15% of small firms bank primarily with a small institution, 60% would be likely to bank with a local community or small institution if it offered capabilities and online banking experiences comparable to those of large banks.

The survey found most small businesses do not pay for banking products and services because their financial institutions don't charge them: 20% of businesses considering a small bank (with less than $10 billion in assets) to be their primary financial institution pay nothing at all for non-interest-bearing banking services, compared to only 7% of those banking with the "big four banks" (Bank of America, Citibank, JPMorgan Chase, and Wells Fargo). However, the report finds that small businesses will pay for the right capabilities and experiences - especially those that save them time, increase convenience, and improve overall efficiency.

"Community financial institutions must change their mindsets and evolve their strategies and offerings to better align with the needs of the small business market," said report author Christine Barry, Head of Banking & Payments, Insights & Advisory, Aite-Novarica Group. "Selecting the right digital banking technology provider with an open and modern platform is central to success in this field."

"Community and regional financial institutions have much to gain from the small business market," said Apiture CEO Chris Babcock. "By offering a more modern digital experience with a full range of business banking capabilities, smaller banks and credit unions can attract more small businesses and benefit from the revenue opportunities this segment offers."

Apiture's report details four key recommendations for how community financial institutions can position themselves for success with small business customers:

  • Deliver a more modern and connected banking experience: 66% of small businesses are either challenged or somewhat challenged by non-seamless banking platforms.
  • Invest in analytics and higher levels of personalization: 48% of small businesses state a personalized experience is very important or required to keep their business.
  • Offer more robust functionalities/capabilities: 64% of small businesses are challenged or somewhat challenged by their primary financial institution not offering the digital capabilities their business needs.
  • Partner with fintech companies: Less than half (41%) of small bank customers view their banks as innovative.

The report is free to download here.

Apiture will also host a webinar on December 7 from 1:00 - 2:00 PM ET to discuss findings from the report and key strategies for community financial institutions to better deliver the value small businesses customers desire and are willing to pay for.

Methodology

This paper is based primarily on the results of a Q3 2021 Aite-Novarica Group online survey of 1,004 U.S.-based small businesses. For the purposes of this paper, "small businesses" are defined as those businesses generating between US$100,000 and US$20 million in annual revenue. While this revenue range extends beyond how some banks may define the segment, the group as a whole represents a large opportunity for banks. Businesses generating less than US$100,000 in annual revenue have intentionally been left out, as their actions most likely mirror those of consumers. A survey of this size offers a 3-point margin of error at a 95% confidence level; statistical tests of significance among differences were conducted at either the 95% or 90% level of confidence, depending on sample size.

About Apiture

Apiture delivers award-winning digital banking solutions to banks and credit unions throughout the United States. Our flexible, highly configurable solutions meet a wide range of financial institutions' needs, from leveling the playing field with larger banks to enabling unique, digital-only brands. Through our API-first strategy, our clients can maximize the capabilities of their platform while preserving a seamless user experience. Our exclusive focus on digital banking means we're dedicated to delivering innovative solutions that meet the unique needs of our clients while providing a level of support that's unmatched in the industry. Apiture is headquartered in Wilmington, North Carolina, with offices in Austin, Texas. To learn more, visit www.apiture.com.

Media Contact

Heather Valle
Caliber Corporate Advisers
heather@calibercorporateadvisers.com

SOURCE: Apiture

View source version on accesswire.com:
https://www.accesswire.com/729114/Community-Banks-are-Missing-Out-on-Small-Business-Revenue-Opportunities-Report

© 2022 ACCESS Newswire
Gewinner im Megamarkt
Biotechnologie ist eine der bedeutendsten Zukunftstechnologien unserer Zeit. Zahlreiche Biotechnologie- und Pharmakonzerne haben sich unter anderem dem Kampf gegen Tumorerkrankungen verschrieben. Der weltweite Markt für Krebsmedikamente verzeichnet ein stetiges Wachstum. Für das Jahr 2025 wird ein Umsatz von etwa 190,3 Milliarden Euro prognostiziert, mit einer erwarteten jährlichen Wachstumsrate von 6,42% bis 2029, was zu einem geschätzten Marktvolumen von 244,1 Milliarden Euro führen würde.

Wir haben 3 aussichtsreiche Biotechnologieaktien mit Schwerpunkt Erforschung und Entwicklung von Wirkstoffen gegen Tumorerkrankungen ausfindig gemacht, die in den kommenden Monaten und Jahren erhebliches Aufwärtspotenzial versprechen und Vervielfachungspotenzial besitzen.

Fordern Sie jetzt unseren neuen kostenlosen Spezialreport an und erfahren Sie, welche 3 Biotech-Aktien durchstarten und zu Ihrem Börsenerfolg in 2025 beitragen könnten!
Werbehinweise: Die Billigung des Basisprospekts durch die BaFin ist nicht als ihre Befürwortung der angebotenen Wertpapiere zu verstehen. Wir empfehlen Interessenten und potenziellen Anlegern den Basisprospekt und die Endgültigen Bedingungen zu lesen, bevor sie eine Anlageentscheidung treffen, um sich möglichst umfassend zu informieren, insbesondere über die potenziellen Risiken und Chancen des Wertpapiers. Sie sind im Begriff, ein Produkt zu erwerben, das nicht einfach ist und schwer zu verstehen sein kann.