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Improved Digital Banking Customer Experiences Requires Operational Excellence

The Financial Brand

Operational improvement in banking provides the foundation for increased efficiencies, improved customer experiences and new business models. The post Improved Digital Banking Customer Experiences Requires Operational Excellence appeared first on The Financial Brand - Banking Trends, Analysis & Insights.

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Future of Customer Experience in Digital Banking

Banking 2020

Digital banks are no longer in the ‘money’ business but rather, in the ‘value’ business. This value is not just providing a functional benefit but also a holistic experience, (i.e. what, when and how’ of the benefit), that customer values in the experience-based economy.

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Combating ATOs With Multifactor Authentication, Behaviors Analysis And Customer Education

PYMNTS

Effective fraud fighting requires FIs to identify their customers’ preferences and provide security solutions that suit users’ comfort levels and familiarity with certain technologies and banking channels. One advantage to adopting this approach is that it does not require customers to change their behaviors.

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Use Technology Vision for Banking as a guide to bolster traditional banking, before it’s too late

Accenture

Storm clouds are gathering over the banking industry in the form of a fragmenting value chain, rapid migration to digital channels, encroaching financial technology firms, and open banking regulations. As human interactions become rarer in banking, the importance of each one going well increases.

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How HSBC Uses AI To Boost Its Digital Banking Immune System

PYMNTS

Balkin explained how AI and ML solutions are taking the fight against fraud to every level of a bank — from the risk analysis experts on the FI’s end to tellers on the front end — and how these solutions are made more effective when humans confirm and clarify the returned insights. . Balkin said.

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What You Should Be Doing Now to Prepare for 5G in Financial Services

Perficient

While it’s true that 5G has the potential to profoundly change the banking industry and be a more significant transformation for mobile technology than earlier generations, it’s also true that potential use cases, from connected payments to augmented reality, are unlikely to take place immediately. Dust Off Those Old App Ideas.

Mobile 340
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Feel-good banking: Improving customer experience through personalization

NCR

As fintechs and the UK’s ‘challenger banks’ have experienced accelerating growth over recent years, one of the notable trends we’ve seen in the financial services industry is personalization. As a purely digital provider, Atom faced the challenge of delivering this personalized experience entirely through an app.