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Street Talk Episode 54 - Banks Ramping Up Digital Offerings To Fend Off Fintech, Big Tech

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Listen: Street Talk Episode 54 - Banks Ramping Up Digital Offerings To Fend Off Fintech, Big Tech

Traditional banks face increasing competition from digital-only players, leading to further pressure on net interest margins. In the episode, Sandler O'Neill's co-head of investment banking and executives from First Horizon and South State Bank discuss the growth of digital-only deposit platforms, how have they kept banks from decreasing deposit costs despite Fed rate cuts and the investments that community and regional banks are making to combat the threat and improve their product offerings.

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