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Key takeaways from ThinkBIG 2024: Insights for banks and credit unions

Abrigo

Navigating credit quality, compliance, and technology integration The ThinkBIG conference hosted by Abrigo fosters networking and professional development for bankers. Compliance, technology integration, and attracting younger customers were among the panel’s chief concerns.

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LemonadeLXP wins inaugural Demo Challenge

BankInovation

Digital banking service provider LemonadeLXP won the inaugural Demo Challenge at Bank Automation Summit U.S. Nine financial services technology startups showcased their latest innovations with technology leaders and executives at the March 19 event. NASHVILLE, Tenn.

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Increasing Digital Banking Options Put Pressure On Big Lenders To Adapt

PYMNTS

At a time of increased consumer use and acceptance of the new COVID-era digital lifestyle, the pressure is mounting on large, legacy lenders to accelerate their innovations – or become obsolete. 5), J.P.Morgan CEO Jamie Dimon said banks that don’t adapt in how they deal with customers will go the way of the dinosaurs.

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Deep Dive: Strategizing Transparent, Holistic Digital Banking Transformations

PYMNTS

The number of online banking customers is growing worldwide, and FIs’ consumers are coming to expect seamless digital experiences as a result. One study recently determined that the number of digital banking users is expected to exceed 3.6

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Acquire or Be Acquired 2024: A Race to Perform … and Earn the Right to Transform 

Gonzobanker

(Oh wait, this is the new asset size, in terms of $Billions, that people reference for banks …) Deposit Dynamics Deposit funding costs pose a big risk to banks. As disruptive innovation finds a home in banking, the industry anticipates a surge in technology’s ability to drive tangible business outcomes.

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Cloud Banking Next Step In FI Modernization

PYMNTS

With estimates that over 500 billion real-time payments will be processed over the next five years, the race is on for upgrades and integrations that allow financial institutions (FIs) and their clients to participate in a real-time payments space that is expected to reach nearly 53 billion real-time payment transactions by 2024.

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How Innovative mPOS Is Paving The Way To A Self-Checkout Future

PYMNTS

Shoppers scan their selections as digital coupons are automatically applied, and can pay by scanning a quick response (QR) code at a dedicated checkout tablet at the front of the store. The projected value of the global POS software market by 2024 is said to be $30.9 Roche Bros.