Curinos Perspective: Competitive Forces Are Driving Different Decisions About Networks
Economic news, almost daily, indicates the higher-for-longer rate cycle will persist and, with it, continuing competition for deposits, elevated cost of funds and compressed margins. As a result, financial institutions are under pressure not only to reduce expenses but also to grow core customers and the low-cost deposits that come with them.
READ TIME: 5 MINS
July 8, 2024