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Six Big-Data and AI Trends in Banking for 2022

The Financial Brand

The post Six Big-Data and AI Trends in Banking for 2022 appeared first on The Financial Brand - Banking Trends, Analysis & Insights. What financial institutions need to know to create the kind of consumer experience that provides a competitive edge.

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Industry 4.0 Pulls South Africa’s SMB Banking Sector Into The Technology Mix

PYMNTS

Banks are innovating, and a combination of digital engagement, Big Data and, ultimately, [artificial intelligence (AI)] — which is still immature in South Africa — are all creating easier ways of making local and foreign payments, accessing finance and banking in general.”

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How Banks Will Become Irrelevant in Next Decade

The Financial Brand

To survive, banks and credit unions must build the digital infrastructure and competitive mindset that can make an organization future-ready. The post How Banks Will Become Irrelevant in Next Decade appeared first on The Financial Brand - Banking Trends, Analysis & Insights.

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Overcoming Legacy Data Challenges with Data Modernization in Banking

The Financial Brand

New research shows that data modernization in banking is a key component of successful digital banking transformation. The post Overcoming Legacy Data Challenges with Data Modernization in Banking appeared first on The Financial Brand - Banking Trends, Analysis & Insights.

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Three Essentials to Creating a High-Performing Branch Network

The Financial Brand

Branch network optimization is complex, but done correctly by harnessing data and customer experience research, it is highly rewarding. The post Three Essentials to Creating a High-Performing Branch Network appeared first on The Financial Brand - Banking Trends, Analysis & Insights.

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Want to differentiate your bank? Change the payments conversation.

ZootBlog

In his humorous way he was making a plea for banks to stop layering on systems, kill some of their legacy applications, and create a whole new approach. This is a similar sentiment to one of the top 10 banking trends for 2016 as identified by the Digital Banking Report—the introduction of ‘optichannel’ delivery.

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The Use of AI in Banking is About to Explode

The Financial Brand

The power of AI and big data processing is the foundation of the majority of retail banking trends, predictions and strategies in the future.