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REPORT: Payment Tech Tops FIs’ Innovation Agendas

PYMNTS

PYMNTS surveyed more than 200 FI decision-makers to examine the specific innovation areas in which banks are focusing on, now, and in the years ahead. We also analyzed how the areas that FIs are focusing on relate to such factors as level of investment, on-time performance and innovation strategy.

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Cobalt Credit Union’s Data-Driven Innovation In Member Services

PYMNTS

It found nearly 40 percent of them would consider leaving their current CUs because the financial institution provided inconvenient services or was unable to address their problems and data security concerns, among other reasons. . Given the high stakes, it is clear that credit unions must pursue the innovations members value most.

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Deep Dive: How Loyalty Innovation Improves Member Relationships, Boosts Brand Awareness

PYMNTS

percent of CU members in the survey said they would prefer their CUs to not innovate at all, while 76.3 percent supported having their CUs innovate and 17.3 percent said they would be willing to switch institutions if their CUs did not choose to innovate at all. Loyalty Innovation Strategies .

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How Scotiabank Manages Fraud Protection For A Data-Driven Future

PYMNTS

Scotiabank’s Three-Pronged Innovation Strategy. At the end of the day, security and safety are absolutely crucial, so we need to make sure we understand what the fraud patterns are and what’s changing in our industry and make sure we’re protecting our customers and keeping them safe,” Llewellyn said.

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Report Examines 2015 Global Digital Banking Trends

The Financial Brand

Retail Banking Strategies analytics authentication Digital Banking Report Digital Selling disruption Innovation Strategies merchant funded rewards mergers mobile banking mobile payments mobile wallets Security'

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How Innovation Priorities Are Evolving for FIs

PYMNTS

Fraud and security innovation has seen a slight decline, from 50.0 Data analytics is ready for a surge in interest, however. The index component of the PYMNTS Innovation Readiness Index is a score from zero to 100 in terms of innovation readiness, based on a survey of more than 200 executives from United States banks.

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FinServ At The Intersection Of ‘Expertise, Functionality And Experience’

PYMNTS

Some of them surround the issue of payments security. “You can’t trade off security for anything,” Yabuki said of the importance payments security plays in the financial services sphere. “Security tends to always be a requirement.”