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Put Away Your Ledger Cards, Open Banking is Here to Stay

Perficient

For example, switching checking accounts to one with a better interest rate involves resetting direct deposits and recurring bill-paying, printing new checks, and obtaining a new ATM card. Open Banking is going to do for the banking industry what the introduction of the Apple smart phone did for cell phones. What is Open Banking?

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Mid-size banks: strategic vision needed

Accenture

In my previous blog, I mentioned that Europe is the battlefield for GAFA (Google, Amazon, Facebook, Apple) companies from the West and from Chinese and Japanese platforms from the East, in addition to the growing number of new, smaller players entering the banking market. percent of total banking revenues in 2017.

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A new digital bank needs a new customer service experience

Insights on Business

Next has access to all of Bradesco’s ecosystem, ATMs, call center, internet banking. With Next, Bradesco is able to test innovative ways to capture customer’s attention, evolve and integrate new products into digital channels. –> Browse more Think 2019 financial services blogs. The big questions is what’s next?

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The OCC’s CRA final rule: changes and highlights

CFPB Monitor

This is the second in a series of five blog posts about the final rule. On May 20, 2020, the OCC issued a final rule to “strengthen and modernize” its existing Community Reinvestment Act (“CRA”) regulations. These banks conduct a majority of all CRA activity in the United States. Qualifying Activities.

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Hackathoning New API Solutions

PYMNTS

In a 2016 blog post , he outlined how the bank’s internal hackathons challenge employees to use the bank’s services as if they were a customer, finding ways to improve them and offering funding to move the solutions forward. trillion by 2020 in terms of B2B transactions. Hacking the Future of APIs. Venturo said U.S. Last August, both U.S.

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Thoughts on Branch Transformation 2016

Celent Banking

A/B testing on a bank’s web presence can be executed inexpensively and with relative ease. Last week, I had the pleasure of attending and presenting at Branch Transformation 2016 , sponsored by RBR. The event was held in London on 6th-7th December. It was time well-spent. The key is doing it well. Change is difficult. Not changing is fatal.

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Top 5 Fraud Posts for 2022: Scams, Contactless and Money Mules

FICO

Here are the five most-viewed posts from 2022 on the FICO Blog related to fraud. We heard how some customers had found that bots were being used to gain data, for example attempts to make a payment to a charity website were in fact criminals testing card details to uncover the right 3 digits for the CVV. FICO Admin.

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