Insights - Curinos

A Bright Future

Welcome to the premiere issue of the Curinos Review! This issue explores the prospect for rising rates, encourages bankers to reassess their thin network strategy and lays out ways that small banks can excel in treasury management. And there’s MORE so take a peek!

Curinos Review
A Bright Figure

Latest Insights

Supermarket banks: Calling time on the original challengers

Before Monzo and Starling threatened to disrupt the UK’s personal finance market, an earlier wave of challengers aimed to make banking more convenient than traditional providers were at that time capable of. Supermarket banks grew into the market in the early 2000s, aiming to leverage trust and brand recognition while delivering services at locations customers visited anyway.

Fight fraud and personalize contactless

Like many trends within digital banking, the adoption of contactless payments has been accelerated by the pandemic. The UK’s latest increase in the limit to contactless transactions from £45 to £100 will spur that increase, improving many in-person payment experiences but raising vulnerability concerns.

Profile: Webster Bank’s Purcell on helping customers look around corners

As part of our series running on the Digital Banking Hub in which we speak with those who have shaped banking, we caught up with Todd Purcell, senior vice president, head of the digital center of excellence at Webster Bank.

This Month in Commercial Banking: Meeting Client Needs

For banks, this is no time to stand still. New products and features are emerging among traditional banks and new entrants.

Banks boost subscription management services

The subscription economy has provided an opportunity to offer necessary bill management tools

This Month in Retail Banking: Mixed Messages for Retail

The Delta variant of COVID-19 is spreading fast, domestic travel is on the rise, borrowing has picked up, and deposit coffers are full. What does it all mean? Banks need to identify, acquire, and retain primary customers now more than ever.

Building a bank: Agility key to digital account opening strategy

In the age of disruption, becoming nimble is a key prerequisite when creating and orchestrating a digital launch.

Is Your Bank Ready for Higher Rates?

It may be a year before we see higher rates, but there’s no time to waste when it comes to planning a new playbook. And while you’re at it, toss out the one that you used in the last cycle because this time will be different.

It May Be Time To Reassess Your Thin Network

Chances are your thin network strategy isn’t generating sufficient returns on investment. As the pandemic accelerates the decline of the branch, it is particularly important to decide whether and how compete in certain markets.

Four Things That Need To Be In Every Marketer’s Strategic Plan

Do you know what four topics should be part of every marketing strategy as you start the planning process for next year?

Pick Your Spot in Treasury Management

Regional banks and smaller institutions have a hard time competing against the behemoths in treasury management. Curinos lays out some strategies for tackling the big boys.

Retail Banks Aim To Pump Up Digital Account-Opening

A handful of simple best practices can make a big difference for customers who are opening accounts digitally. These will not only help get new customers in the digital door but can also increase the potential for cross-selling opportunities.

Marketing Can Power More Than Just Retail

There’s more to banking than retail, but you wouldn’t know that by looking at marketing budgets. Your bank’s other lines of business also drive customer acquisition and could benefit from more marketing dollars.

Corporates To Banks: Help Us With Forecasting

Your corporate clients want help with cash forecasting and working capital management, but can your bank meet those needs? Curinos identifies three potential paths that are available to banks.

Credit Union M&A Requires Intensive Deposit Due Diligence

It is always important to conduct due diligence on deposits, but it is even more essential when a credit union is buying a bank that has different products and customer profiles.

Commercializing Digital: Helping Customers Reach Their Goals

Very few banks have capitalized on understanding customer needs, for now.

Onboarding wars: Retail banks
aim to refine account opening processes

Banks look to strengthen process of digital account opening with best practice assessment.

Prospects for Progress in Unsecured Lending Applications

Unsecured personal loan applications lack the sophisticated digital verification tools seen in other product lines.

Banks Tool Up to Build Trust

Fraudulent activity and scams continue to rise. Leading banks need to build trust and confidence in their digital offerings.

This Month in Commercial Banking: Boost Competitiveness Amid Uncertainty

In this issue, we explore topics that will be important as the country battles a new influx of COVID-19 cases – from the preparing for the potential of higher rates to overcoming challenges in generating fee income.

Integrated data: Digital investment challengers advance financial planning services

US-based digital investment challengers are unlocking the vast potential of customer data through the integration of banking and investment solutions.

SCALE vs. WARM

Choosing a CECL method that is right for your bank or credit union depends on many factors. Smaller institutions look to WARM and the newly released SCALE model.

This Month in Retail Banking: New Products, New Uncertainty