FIs deploy investing tech to stop deposit outflows

https://bankautomationnews.com/allposts/wealth/fis-deploy-investing-tech-to-stop-deposit-outflows/
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Financial institutions are deploying investment technology in a bid to stop customers from withdrawing funds from their accounts and depositing them elsewhere.  According to an October Fitch Ratings report, deposits for all United States banks dipped 2.4% between December 2022 and September 2023. U.S. Bancorp Investments and TD Wealth, for example, have doubled down on […]

https://bankautomationnews.com/allposts/wealth/fis-deploy-investing-tech-to-stop-deposit-outflows/