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Evaluating New Tech Investments – Let the Purpose Define Your Strategy

Jack Henry

Investments in financial technology have been increasing for years, but the events of the last 18 months have created a new sense of urgency for community banks and credit unions to fine-tune their digital strategies across the spectrum of various fintech investments.

Strategy 148
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Goldman Sachs: Marcus Deposits At $97 Billion As 2020 Ends

PYMNTS

Asked on the conference call with analysts about the roadmap for Marcus, and the competitive landscape, management stated that FinTechs such as Chime are relatively narrower in scope in their offerings than Goldman is; CEO David Solomon maintained that Goldman has a “more integrated offering” than competitors.

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J.P. Morgan Looks Toward Payments Modernization

PYMNTS

Digitization strategies that were set forth well before the pandemic quickly proved instrumental in achieving those goals. Morgan makes strides in its own digital transformation journey, collaboration with FinTechs will be valuable in developing products and services to better address treasurers' shifting needs, too.

Payments 198
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The Best Fintech Conferences this Week (7 Dec 2020)

Fintech Labs Insights

As the year (finally) winds down, it’s not too late to take in a fintech event with 6 coming up this week and next. While most conferences are waiting for more info on COVID and vaccines before committing to 2021 dates, we will keep you up-to-date on all the events, virtual and hopefully the other kind on our Fintech Conference Calender.

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Two Executive Views of Digital Transformation, and Why They Both Matter

Gonzobanker

At some point, almost every fintech company has written off an investment or expenses. New research reveals that almost half of mid-size banks and credit unions are at less than 10% on their digital transformation strategies going into 2021. It involves trial and error. That will be the reality at banks as well.

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Commoditization, Optimization or Transformation: What’s in Your Core Wallet?

Gonzobanker

As information technology departments move from being the provider of all technology services to orchestrator of technology innovation, chief information officers are rightfully asking, “How do we reinvent ourselves in this digital age when we’re saddled with legacy tech debt of 30-year-old, difficult-to-integrate, flat-file-based core systems?”.

Strategy 156
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Cisco Financial Services welcomes imimobile

Cisco

Technology-fueled disruptors continue to threaten traditional financial businesses with the rise of fintech, challenger banks, and digital-only financial services. With the COVID-19 pandemic still an ongoing crisis in 2021, the physical branch has suffered significantly.