FIs face declining margins as the Federal Reserve sustains low rates and delinquencies mount, and with branches in limited service, they have fewer opportunities to get in front of customers.
Small FIs in particular have an opportunity to scale by selling BaaS services to consumer brands that will in turn offer basic financial services as part of their customer acquisition and retention strategies.Join other Insider Intelligence clients who receive this Briefing, along with other Banking forecasts, briefings, charts, and research reports to their inboxes each day.
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