Financial Crimes & Fraud Risk
What We Offer
search icon
exit icon
Financial Crimes & Fraud Risk
search close button
White Paper
Jul 11, 2022

Six Keys to Building the Future of Business Banking

Javelin identified a six-point plan for banks and credit unions to elevate their digital game and build a more competitive, engaging digital banking offering for businesses.

To survive in today’s competitive landscape, community and regional financial institutions must evolve beyond “consumer-plus” transactional banking by serving as a digital business management ‘hub’. The goal is to position the institution as the hub where businesses can monitor and manage their entire financial lives, and serve as the go-to source for one-stop oversight, actionable insights, and ongoing engagement.

Javelin has identified a six-point plan to help you build a more competitive, engaging digital banking offering for businesses:

  1. Evolve account opening from “find a branch” to “apply now.”
  2. Make cash flow tools the focal point of a digital banking overhaul.
  3. Build digital invoicing and payment acceptance tools into online and mobile banking.
  4. Target sole proprietors with a product that supports the needs of small businesses that have outgrown a consumer platform.
  5. Enlist and empower business owners and employees in the fight against fraud.
  6. Build digital banking around a daily “news feed” that flags and prioritizes financial tasks
floating background gradient

contact us