June 28, 2023

New digital banking feature enables financial institutions to empower businesses with cash flow analysis tools.

May 26, 2023

The highly anticipated release of Q1bank call reports did not disappoint! Given a highly dynamic three months in the banking sector (see SVB, Signature, First Republic), deposits movements across banks were expected. But, digging into the data revealed unexpected trends!

May 26, 2023

SMB owners continue to be optimistic about their operating and economic environment - but with banking industry turmoil as a new priority risk to manage. 90% of owners relooked at how they are managing their deposits, with 38% opening and funding accounts at new institutions.

May 26, 2023

New digital banking feature enables financial institutions to empower businesses with cash flow analysis and forecasting tools

May 26, 2023

New technology allowed bankers to prioritize outreach and messaging to business clients while providing valuable insight into actions their SMB clients were actually making in March 2023

May 26, 2023

Economic, regulatory, and competitive factors are making it even more challenging for banks to cost-effectively gather deposits as evidenced by the most recent earnings reports. As bank leaders refocus energies on deposit gathering, they need to move urgently to win and defend some of the most valuable sources of deposits: Small and Medium-Sized businesses. Monit offers bankers the insights they need to win and retain this valuable source of low-cost and sticky deposits.

May 26, 2023

Monit's Q4 2022 SMB Pulse Survey found that overall, business owners remain optimistic about their business and its operating environment. How they are thinking about adapting to higher inflation, interest rates, and receivables management offers hints for where bankers can best support them.

May 26, 2023

"After being flush with deposits in recent years, banks face a declining pool of deposits, increased funding costs, and uncertain economic environment. Most bank executives recognize the importance of Small Businesses in building a low-cost and stable funding base - but their deposit gathering playbooks may be outdated. Read more to learn how forward-thinking banks are using new data and insights to prospect, win, and protect crucial SMB deposit relationships."

May 26, 2023

Small businesses continue to be the greatest source of new jobs and make up 99.7% of all employer firms in the United States. With such a crucial role in our society, it is important that we bankers do everything we can to support and empower these businesses to thrive.

May 26, 2023