Banks Need to Offer Advanced Features Designed for Business Owners to Gain Customer Loyalty
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Attracting and retaining small business owners can be a difficult task for financial institutions in their quest for customer loyalty. A new report from ath Power Consulting examines, among other things, small business digital banking usage, offerings, delivery methods, and customer experiences at financial institutions nationwide. Based on a survey of 441 small business owners (SBOs) conducted during the first quarter of 2017, digital channels have become primary for small business banking customers with two-thirds identifying online....

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