Information Security and Technology
Financial Crimes and Fraud Risk
What We Offer
search icon
exit icon
Information Security and Technology
Financial Crimes and 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.

Six-Keys-to-Building-the-Future-of-Business-Banking

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