institution type
Community Bank
CHALLENGE AREA
Competitive Response
MPACT SOLUTION
MPACT Analytics & Alerts
OUTCOME
Proactive Growth Opportunity
institution type
Community Bank
CHALLENGE AREA
Competitive Response
MPACT SOLUTION
MPACT Analytics & Alerts
OUTCOME
Proactive Growth Opportunity
THE CHALLENGE

When a major payment processor raised its rates, one partner institution used it as an opening to convert customers to their program.

THE approach

The institution's team identified every business customer processing with that provider and launched targeted outreach, through both bankers and their digital banking channel, reaching those customers before many noticed or started shopping for alternatives.

THE Result

A competitor's rate increase became a proactive growth opportunity. The team knew exactly who to call, and was ready to help before the business ever asked.

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Financial Institutions

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