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Will these innovation trends shape banking’s future?

Accenture

The Efma-Accenture Banking Innovation Awards are set to return on November 18th for a virtual celebration of banking’s best and brightest. With a record 816 innovations submitted by 275 institutions in 73 countries, I’m excited to see what this year has in store. The post Will these innovation trends shape banking’s future?

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3 efficient ways to win the payments innovation race

Accenture

They must innovate to stay relevant, but their discretionary budgets for innovation are limited. Rapid growth in the payments market, which is attracting a wide range of new value propositions and competitors, adds… The post 3 efficient ways to win the payments innovation race appeared first on Accenture Banking Blog.

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Can payments embrace both innovation and security?

Accenture

The post Can payments embrace both innovation and security? But that excitement is often tempered by concerns that efforts to capture compelling business opportunities may expose the new venture—and the firm—to unnecessary cybersecurity risk. But what if both the business and cyber teams were fully….

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The Ultimate Guide to Product Innovation in Banking

Accenture

The post The Ultimate Guide to Product Innovation in Banking appeared first on Accenture Banking Blog. To maintain relevance, banks need to be on the pulse of these needs and create products to solve them—to unlock value for both their customers and the bank.….

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The State of Automation in Financial Services 2024 Report

Download this report to uncover how you can stay innovative and competitive in an increasingly complex modern landscape!

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Innovation with techquisition: Getting it right

Accenture

As technology continues to disrupt the traditional way of doing things and innovation moves at an increasing pace—some say a “frenetic” pace—the leaders of the financial services industry will need to move fast to respond.…. The post Innovation with techquisition: Getting it right appeared first on Accenture Banking Blog.

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10 trends shaping post-digital banking innovation

Accenture

The post 10 trends shaping post-digital banking innovation appeared first on Accenture Banking Blog. Each new day in 2022 takes us further into this new era of banking. Today’s banks are more intentional that reactive, more likely to challenge conventions than respect….

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The Threat That Could End Community Banking & What To Do About It

Community banks are at risk of losing their core business to the companies innovating in the paytech and lendtech spaces. Small and midsized banks are at tremendous risk. Small business lending is ground zero for this imminent disaster. On the surface, things are going well for community and regional banks and credit unions.

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Top 10 Benefits of Automating Closing Documents

Innovative solutions are now essential to navigate this dynamic landscape and achieve success in the fast-paced world of commercial lending.

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Value-Driven AI: Applying Lessons Learned from Predictive AI to Generative

Speaker: Data Robot

Now generative AI has emerged and captivated the minds and imaginations of leaders and innovators everywhere. Most enterprises have now experienced their first successes with predictive AI, but the pace and scale of impact have too often been underwhelming.

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Digital Commercial Lending Technology Case Study: Increasing Loan Volume and ROI

See how theLender, using transformative digital technology, grew their lending volume by orders of magnitude with an innovative approach to mortgage lending. Private lenders are working to keep loan costs down and offer a frictionless and affordable lending experience.

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The Non-QM Market Experiences a Remarkable Comeback: Check Out the Industry Guide

Moving forward, automation and non-QM loans will play key roles in driving innovation and expanding the pool of potential borrowers. Commercial lending is going through an important transformation as consumers demand better solutions and technology works to address long-standing problems in the industry.

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The Role of Artificial Intelligence in Pandemic Response: Lessons Learned From COVID-19

Enablement of swift and safe innovation in rapid antigen tests. Download this whitepaper to learn about: Development of AI standards for pandemic models that will be used in future pandemic responses. Modernization of U.S. health reporting standards.

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Innovation Systems: Advancing Practices to Create New Value

As technology transforms the global business landscape, companies need to examine and update their internal processes for innovation to keep pace.

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2024 Lending Outlook: Innovations and Evolutions in the Financial Sector

Innovations in AI, alternative lending platforms, personalized experiences, and sustainable lending practices are just a few of the areas set to redefine the industry. For banks and financial institutions to stay competitive and meet the evolving needs of their customers, these drivers must be understood and engaged with.