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Accountants May Be Bucking The Innovation-Averse Trend

PYMNTS

Instead, the majority actually said accounting software was the most important innovation in their industry. Forty percent reported they are willing to embrace technology as early adopters, and added they are committed to investing in emerging innovations and apps — including the cloud. Embracing The Cloud. Unexpected Trends.

Trends 108
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Frictionless Payments Take Center Stage at Money 20/20

Gonzobanker

Every discussion and presentation focused on the challenges and innovations financial institutions are tasked with to create “frictionless” experiences. RegTech companies like NICE Actimize and Trulioo provide cloud-based platforms intended to simplify and standardize compliance processes through automated mapping of regulatory risks.

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Predicting the Next Banking Crisis Is a Fool’s Game. Not Learning From the Last One: Equally Foolish

Jeff For Banks

percent in 2004, a decline of 1.1 By comparison, non-high-tech industries lost 689,000 jobs between 2001 and 2002 but recovered the lost jobs by 2004. High-tech employment fell from 12.1 percent of all jobs in 2001 to 11.3 What caused a dot-com bubble? credit default swaps anyone?). I don’t know what the next crisis will be.

FDIC 78
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What The Largest Global Fintech Can Teach Us About What’s Next In Financial Services

CB Insights

This summer, Reuters reported that in 5 years, tech services (including online risk management and fraud prevention for financial institutions) will make up 65% of Ant’s revenue, compared to 34% in 2017. Wealth management. It considers tech services to be an enormous market opportunity. Credit scoring. Looking ahead.

US 78