article thumbnail

Why banking technology makes sense – recession or not

Abrigo

Banking technology decisions now affect future growth With the possibility of a recession, community financial institutions may consider a delay or cut in technology spending. Takeaway 2 According to Forrester data, firms pursuing technology-driven innovation grow three to four times faster than industry averages.

article thumbnail

Small FIs can customize third-party technology

BankInovation

based bank INB relies on third-party vendors to build most of its technology, then customizes it to meet the needs of INB its clients. “For For our size, we need a good partner,” Chief Operating Officer Mark Donovan told Bank Automation News. Springfield, Ill.-based

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

Trends Shaping the Insurance Industry in 2024

Perficient

This blog was co-authored by Perficient’s Insurance Principal and expert: Brian Bell As we step into 2024, the insurance industry faces significant transformations driven by technological advancements and evolving customer expectations. Leveraging cloud technology for streamlined operations and enhanced scalability.

Trends 221
article thumbnail

FAA OKs American Robotics Drones To Fly Without Human Operators

PYMNTS

The Federal Aviation Administration is letting commercial drone-maker American Robotics operate drones without on-site pilots — but with a number of caveats, according to a decision recently posted on the agency’s website. The decision is the first government approval for drone flights without on-site pilots, the Marlborough, Mass.-based

article thumbnail

Afresh Raises $13M For Fresh Food Management Technology

PYMNTS

Afresh Technologies has raised $13 million in a Series A extension round to expand its fresh food management technology that helps grocers reduce food waste. I believe that the fresh ordering technology that Afresh has pioneered is set to become one of the most important technologies in food retail,” said McCann, in a statement.

article thumbnail

Evolving Traditional Technologies Toward CX

Perficient

This stifles opportunities at innovation and constrains businesses to continue operating as they were at time of installation, and not instead evolving as their internal processes need to change. When amazon.com couldn’t find existing solutions to meet their CX vision, they built their own. Amazon Connect.

article thumbnail

How Alternative Lending Technology Stays Flexible For SMBs

PYMNTS

Fresh off its acquisition of Finance-as-a-Service technology platform Ario , Thinking Capital is looking toward the future of SMB financing. It is now not only a competitive advantage, but an essential requirement for lenders to operate digitally, said Marceau. Flexible Technology.

Lending 289