"Numerous consumer surveys have demonstrated the value of product bundles in the banking industry and their clear relationship to client loyalty and retention. Banks understand the value of bundling but using them to improve client loyalty has proven to be a complex task.
First off, by providing incredibly convenient and technologically advanced services, neobanks and other non-traditional companies lure clients away from traditional banks, especially millennials and Gen-Zers. Secondly, the rise of e-wallets for payments has disrupted traditional channels, delegating regulatory functions to
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The Nordic banks have a significant opportunity to become key enablers in corporate cash management in the dynamic world of global business. The operational success of the Single Euro Payments Area (SEPA) has given Nordic banks a distinct advantage in providing simplified, effective payment solutions within this framework, even for non-EU countries like Norway and Iceland.
Through the provision of treasury management services that provide a consolidated, instantaneous perspective of cash flows and transactions, these institutions can not only improve cash flow forecasting and matching but a
Through the provision of treasury management services that provide a consolidated, instantaneous perspective of cash flows and transactions, these institutions can not only improve cash flow forecasting and matching but a