Banking

Is working from home the future? Label me a skeptic, says Jamie Dimon

  • Jamie Dimon isn't all talk and no action when it comes to him being at odds with the remote working culture in the banking industry.
  • Dimon’s fresh words and a recap of his persistent aversion to the WFH ideation reflect that the era of hybrid work is finally over for executives at the Wall Street bank.
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Is working from home the future? Label me a skeptic, says Jamie Dimon

 


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Banking, Making better partnerships

Why bank-fintech partnerships go sour and how to prevent the hug of death

  • Fintechs perform best when they can move fast and focus on growth, but when partnering up with big banks, some fintechs can experience the "hug of death".
  • This hug keeps the fintech from focusing on its own priorities and instead diverts its attentions to what the banks needs and locks it in a cycle of meetings and bureaucracy. Fintechs that want to avoid getting over indexed need to focus on establishing clear boundaries from the start and keeping the scope of the partnership in check.
Rabab Ahsan | June 28, 2024
Member Exclusive, SMB Finance

How Relay, a Toronto-based neobank, is gaining ground in the US SMB market

  • What motivated Relay's Canadian founders to target the US market?
  • Co-founder & CEO Yoseph West shares about Relay's US SMB target market, growth strategies, and the challenges associated with serving this segment
Sara Khairi | June 27, 2024
Banking, Path to growth

How Majority’s immigrant focus doubled users and is on track to reach $2 billion of deposits in a year

  • Growing neobanks and fintechs that focus on niche consumer segments is difficult because t's become easier for big banks to branch out and start to cater to niche consumer segments.
  • One immigrant focused fintech, Majority, has emerged stronger. Dive into how the firm has used a 'diaspora by diaspora' strategy and community engagement to double its user growth.
Rabab Ahsan | June 21, 2024
Banking, Member Exclusive, SMB Finance

How financial firms are stepping up with new tools, experiences, and guidance to serve SMBs

  • SMBs are keen to invest in AI and boost their digital payment adoption. Concurrently, they expect their financial service providers to focus on these areas.
  • Financial firms are investing in SMB digitization tools and boosting embedded payments strategies, while also exploring diverse and unconventional approaches.
Sara Khairi | May 30, 2024
Banking, Member Exclusive

Banking briefing: Bank data is only the first step in solving for personalization

  • Fintechs have been better at offering personalized experiences than banks, but some of the biggest banks in America have played catch up and are now leveraging internal data to offer more personalized experiences.
  • This falls short of ideal personalization, where an FI uses both internal and external fintech data to fully understand a customer's financial life. While challenging, some infrastructure like API-based data sharing exists.
Rabab Ahsan | May 29, 2024
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