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Scotiabank: Why Banks Need To Rethink Personalization

PYMNTS

FinTech apps, for example, saw a 72 percent increase in usage in the first quarter of 2020 alone. This change in operations could remain after the end of the crisis, according to Stephen Griffin, senior vice president at Alabama-based Regions Bank , as it has two major benefits over the status quo.

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Deep Dive: Digital-First Banking’s Challenges And Benefits

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Alabama-based Regions Bank deployed advanced ATMs as part of its digital push, replacing human tellers at many of its drive-thrus. One such obstacle is the growing competitive threat from FinTechs, which often specialize in the technologies that FIs are trying to implement.

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Avant Brings SaaS Lending Tech To Banks

PYMNTS

Avant is best known among its financial services peers as a FinTech firm, founded to throw automation and an artificial intelligence (AI)-enhanced underwriting process at the problem of creating accessible, affordable personal loans for consumers.

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Bank-FinTech Collaboration Tackles SMB Finance Friction

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Bank-FinTech collaboration continues to thrive as more financial service providers place small- to medium-sized businesses (SMBs) front-and-center of product development. Bank-FinTech collaboration isn't all about FIs ingesting third-party products and services. Progress Bank Taps Sensibill For Digital Receipts.

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June’s Top 12 Mobile Pay Moments

PYMNTS

On June 16, Samsung Pay arrived in Singapore, allowing users of Galaxy Note 5, S6 Edge+ and the S7/S7 Edge phones can use Samsung Pay in the region. Citigroup’s FinTech unit is reportedly testing how it can use Amazon’s voice-activated assistant, Alexa, and the technology that powers her voice in tandem with its mobile banking app.

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