Franklin Madison

Beyond Traditional Banking: Insurance Emerges as Key to Diversifying Revenue
Beyond Traditional Banking: Insurance Emerges as Key to Diversifying Revenue
September 26, 2024  |  Insurance

Banks face a digital shift, pressures on deposits and competition for customer loyalty, so they must constantly fine-tune their operations, embracing new revenue streams and...

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Could Generational Change Be The Next Wild Card For Financial Services?
Could Generational Change Be The Next Wild Card For Financial Services?
September 11, 2024  |  Opinion

Cultivating a culture of adaptability positions firms to thrive despite economic wild cards, Franklin Madison Chief Financial Officer Preston Porter writes in a new PYMNTS...

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Can Banks Crack the Insurance Code? Customers Are Ready
Can Banks Crack the Insurance Code? Customers Are Ready
August 27, 2024  |  Insurance

PYMNTS Intelligence’s data makes it clear enthusiasm for financial institutions (FIs) as insurance providers is growing. In fact, three-quarters of consumers who have already purchased...

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Why More Banks Say Yes to Insurance as a Consumer Product
Why More Banks Say Yes to Insurance as a Consumer Product
June 28, 2024  |  Insurance

As consumers increasingly look to their financial institutions for insurance products, banks have an opportunity to meet this growing demand. A recent report from PYMNTS...

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New Report: Younger Consumers Could Make Buying Insurance From a Financial Institution Cool
New Report: Younger Consumers Could Make Buying Insurance From a Financial Institution Cool
June 06, 2024  |  Insurance

Most consumers get their insurance from various providers, but data shows that consumers want to simplify the process. PYMNTS Intelligence finds that 44% of all...

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Insurance Sector Moves Digital-First to Support Shifts in Buyer Behavior
Insurance Sector Moves Digital-First to Support Shifts in Buyer Behavior
May 01, 2024  |  Insurance

The insurance industry, often perceived as lagging in innovation and adapting to consumer needs, is undergoing a notable transformation. Traditionally reliant on agents for product...

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Data Models Emerge as Effective Customer Strategy
Data Models Emerge as Effective Customer Strategy
April 24, 2024  |  Opinion

Data modeling can guide businesses refine strategies and optimize outcomes in uncertain times, Franklin Madison CEO Robert Dudacek writes in the new PYMNTS eBook, “The...

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InsurTech, Not The Pandemic, Drives Insurance Innovation
InsurTech, Not The Pandemic, Drives Insurance Innovation
July 16, 2021  |  Insurance

Simply put, the pandemic has changed consumers’ relationships with insurance products. Even though the data says people utilized insurance less — since those who don’t...

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Banks Use Data To Serve Right Place, Right Time Insurance Offers To Consumers
Banks Use Data To Serve Right Place, Right Time Insurance Offers To Consumers
June 29, 2021  |  Insurance

“It’s been exciting for us to watch the disruption within the insurance industry with respect to the advanced technology being offered through the InsurTech space,”...

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