Magazine : Archives : 1st Quarter 2019
Point of View
We are in the midst of a digital revolution that is changing how the business of banking gets done. The changes are occurring throughout the industry—from retail to mortgages (the largest mortgage originator in the U.S. is now Quicken Loans) to commercial lending to compliance to M&A. Executive Editor John J. Maxfield has written a story in this issue (see “Growth Through Digital Banking, Not M&A”) that details how large regional banks such as U.S. Bancorp, Fifth Third Bancorp and PNC Financial Services Group now see digital banking as an alternative customer acquisition strategy to traditional M&A. It’s not that...
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