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26.05 - How banks can do more for small businesses

BAI Banking Strategies

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The Importance of Primacy and Customer Value

Having the status as the customers main bank is a highly coveted position for generating lifetime customer value. Most business owners really don't see a strong connection between giving more business and then receiving more value. One area for opportunity is for financial service organizations to work on removing the data sylos which allow them to package products in a more compelling way.

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