One beautiful aspect of a strong digital account opening strategy is that, if done correctly, the return on investment can be both obvious and large. Critical to this strategy is a granular and holistic understanding of customer acquisition cost (CAC).
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Has your financial institution thought about launching a digital bank or digital brand? If it has, Narmi has written the playbook for you. If not, the playbook outlined in this white paper can still be applied to any financial institution looking to deliver best-in-class digital offerings.Read More
$1.4bn Radius Bank – a proud Narmi customer – was named as the best online bank in the country by Bankrate.com. As Radius Bank’s digital banking partner, the Narmi team has unique insight into how Radius achieved this accolade and what financial institutions can do to replicate its success.Read More
Organic user growth for financial institutions continues to be a key focus across the industry, elevating the importance of frictionless digital account opening. While increased deposits and user counts are often used as benchmarks for success, financial institutions should expect that a robust digital account opening platform will add additional revenue.Read More
Financial Institutions possess enormous amounts of private, sensitive, and unique data on their users, such as spending habits, income, balance and net worth, mobile and online device use, age, and more. An overall trend towards democratizing such data can be leveraged to improve not only the overall financial health of its users, but also the impact of the Financial Institution.Read More
Consumers increasingly expect online interactions to be seamless, intuitive and immediate. Financial Institutions seeking to improve and expand their digital functionality face many challenges when it comes to providing an integrated user experience across an array of siloed services.Read More