Engage fi, shared an update Posted5 days AGO 3 Reasons Why Your Financial Institution Needs a Consultant At first glance, many might ask, why not solve your problems internally, whether it be a cost reduction effort, a strategic move to enter a new market, or an upgraded digital/fintech project? Sometimes the reason can be simple. An external perspective is needed for guidance and protection. The pressures that financial institutions face... Read More 3 Reasons Why Your Financial Institution Needs a Consultant At first glance, many might ask, why not solve your problems internally, whether it be a cost reduction effort, a strategic move to enter a new market, or an upgraded digital/fintech project? Sometimes the reason can be simple. An external perspective is needed for guidance and protection. The pressures that financial institutions face daily can be extreme. Many employees find themselves playing various roles within the financial institution. With so many hats to wear, you can quickly run out of capacity and resources and have no time to “do it all.” There are many benefits to working with an experienced consultant, but three stand out. Expertise and Visibility Incentives The Right People Learn how your FI can strategically partner with Engage fi on future projects here engagefi.com3 Reasons Why Your Financial Institution Needs a Consultant | Engage fiBy Jenn Addabbo Chief Executive Officer and Co-founder Engage fi Read Less
Engage fi, shared an update Posted5 days AGO Embedded Fintech or Embedded Finance? Essential Strategies to Future-Proof Your Financial Institution As financial institutions move into a new technology era, they realize that their existing innovation cultures are broken. New fintech competitors are gaining market share. They are gaining deposits when traditional financial institutions are on balance losing deposits. There’s a lot of discussion... Read More Embedded Fintech or Embedded Finance? Essential Strategies to Future-Proof Your Financial Institution As financial institutions move into a new technology era, they realize that their existing innovation cultures are broken. New fintech competitors are gaining market share. They are gaining deposits when traditional financial institutions are on balance losing deposits. There’s a lot of discussion within the financial institution industry about embedded finance and embedded fintech as a technology strategy, but not enough understanding and urgency to appreciate it as a future-proof business strategy. One thing is clear, however—the need to act quickly is essential as new competitors gain ground on traditional financial institutions’ customer base. Check out the rest of the article here Read Less