Financial institutions face unique challenges with dormant accounts. Explore solutions to enhance compliance, efficiency, and customer trust.
As the world evolves, the phenomenon of dormant accounts is not only expected to persist but may even expand. Understanding the underlying […]
Why dormant accounts will continue to arise in the future Read More »
Dormant accounts may seem like a minor operational issue, but they can significantly impact a financial institution’s ability to compete in a
Erosion of competitive edge due to dormant accounts Read More »
In the fast-paced world, financial institutions are often caught between two competing goals: the pursuit of short-term profits and the
Liquidity is the lifeblood of banking. In an industry built on trust, stability, and the ability to meet financial obligations
How dormant accounts can lead to liquidity growth Read More »
Dormant accounts may seem like a small inconvenience today, but for financial institutions, they represent a growing challenge with far-reaching
What problems could dormant accounts cause for financial institutions in the future? Read More »
The financial industry is undergoing a seismic transformation driven by technological innovation, shifting customer expectations, and the rise of fintech
In the digital age, financial assets span across borders, generations, and institutions. Billions of dollars lie unclaimed in dormant accounts
Why dormant accounts need a global centralized solution Read More »
Dormant accounts have traditionally been viewed as a compliance burden for financial institutions. However, dormant accounts represent untapped engagement opportunities that,
How to turn dormant accounts into engagement opportunities Read More »
If traditional financial institutions continue to treat dormant accounts as a low-priority issue, the resulting inefficiencies could snowball into significant
The negative impact of dormant accounts on Traditional financial institutions Read More »
Dormant accounts, also known as inactive or unclaimed accounts, are financial accounts or financial products that have not been used
What are dormant accounts? Read More »
Financial institutions are no strangers to challenges, but few issues highlight the tension between compliance and customer trust as starkly
Many financial institutions have a statement on their websites that reads something like this: “If you think you might have
Why people don’t contact financial institutions Read More »
