Q3 2023 Small and Medium-Sized Business Owner Survey
November 20, 2023
While owners are still largely optimistic about their future, the Q3 2023 results were more moderated than prior quarters.
Read moreRead moreWhile owners are still largely optimistic about their future, the Q3 2023 results were more moderated than prior quarters.
Read moreRead moreNew digital banking feature enables financial institutions to offer a holistic and data-driven approach to supporting the success of their SMB clients
Read moreRead moreBusinesses are core to any community, and therefore core to the mission of credit unions.
Read moreRead moreFor roughly a year, we’ve seen overall deposit levels decline in US banks. Deposit flows (both “out of” and “across” the system) accelerated during the bank failures in March (Silicon Valley, Signature). With continued turmoil in Q2 and First Republic’s sale to JPM, the deposit environment remains very competitive and dynamic…along with some surprising trends!
Read moreRead more41% of business owners are opening and funding accounts at New FIs. Banks must focus on winning and retaining the operating account position or risk slow erosion of lower cost deposits.
Read moreRead moreClassic principles of strategy and resource allocation coupled with recent SVB/FRC news have elevated the importance of the Business Banking Segment. Recent advances in technology can help banks win in the SMB space.
Read moreRead moreNew digital banking feature enables financial institutions to empower businesses with cash flow analysis tools.
Read moreRead moreThe 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!
Read moreRead moreSMB 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.
Read moreRead moreNew digital banking feature enables financial institutions to empower businesses with cash flow analysis and forecasting tools
Read moreRead moreOur flexible partnership options can support a quick, bank-branded deployment or a fully embedded digital experience. Please reach out to discuss the best approach for your bank.
Connect with usBe the first to hear about our latest product features and updates on new partners.