Insights

Hindsight is 2020: A Year in Review with Narmi

Narmi looks back at 2020 – a year of global challenges and dedication to paving a path forward for our clients and our team.

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Designing a Banking Experience that Empowers Businesses to Succeed

With more businesses choosing FinTechs and Neo-banks to address their financial needs, financial institutions must innovate quickly and stay up to date with the latest business banking trends to get ahead of the competition.

How to Capture Government IDs during Digital Account Opening Without Reducing Conversion Rates

Identity verification is fundamental to the digital account opening process. Know Your Customer (KYC) laws require that financial institutions verify that customers are who they say they are. There are two ways financial institutions can meet KYC/BML compliance.

What Are Data Aggregators and How Do They Impact Your Financial Institution?

Data aggregators can bring enormous benefits to financial institutions but they also pose a host of security risks. The best way to solve this challenge is to choose a digital banking platform that uses APIs to ensure that customer information is secure.

The New Normal

Below is advice on how a digital-first strategy can empower financial institutions to adapt and thrive in this new normal.

How Digital Account Opening Reduces Customer Acquisition Cost

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).

The Playbook for Launching a Digital Bank

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.