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Model Bank 2017: Small Business and Corporate Digital Innovation Themes

Celent Banking

This is the fifth article in a weekly series highlighting trends and themes from Celent’s Model Bank submission process. Operations and Risk. Legacy Transformation / IT Platform Innovations. Emerging Innovation. Another critical element of the digitization of these processes is speed. payroll services).

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What banks can learn from Wal-Mart

Chris Skinner

It’s a benchmark article showing how an incumbent giant finds it hard to adapt. Can Wal-Mart’s Expensive New E-Commerce Operation Compete With Amazon? were put in charge of Wal-Mart’s entire domestic e-commerce operation, overseeing more than 15,000 employees in Silicon Valley, Boston, Omaha, and its home office in Arkansas.

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Model Bank 2017: Some First Impressions

Celent Banking

Ongoing innovation in banking technology is clearly beginning to pay off, and we’ve been privileged to learn an immense amount from all of the financial institutions that took the time to tell us about their how they’ve been using technology and innovation to serve customers better, become more efficient, and mitigate risk.

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Rethinking the Customer Experience: Themes from the 2017 Model Bank Submissions

Celent Banking

This is the third article in a weekly series highlighting trends and themes from Celent’s Model Bank submission process. Articles from this week on will explore some of the broader themes within each category. This is just a taste of what we’ll have in store at the 10 th annual Innovation and Insight Day on April 4 th in Boston.

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Not a Session at Acquire or Be Acquired: Culture

Jeff For Banks

Mike Butler of Radius, although a lifelong banker, came from outside of the region and implemented a business model and cultural change at his bank with new management and a "fast fail" innovation culture. At the time of the article, Wells averaged 3.4 Mike is from Cleveland. And surprisingly a Yankees fan. resilience There I go.

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What Amazon HQ2, Interchange Fees And Facebook Have In Common

PYMNTS

There are countless articles now on Amazon’s decision to break up with New York, ironically announced on Valentine’s Day, and the withdrawal of its plans to build HQ2 in Long Island City. It has also spurred other businesses to follow its lead, irrespective of whether Amazon is even a relevant player in the ecosystem in which it operates.

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CFPB announces new appointments to advisory groups

CFPB Monitor

Arjan Schutte, Founder and Managing Partner, Core Innovation Capital, Los Angeles, CA. Chi Chi Wu, Staff Attorney, National Consumer Law Center, Boston, MA. Dion Kidd Johnson, President, Chief Operating Officer and Chief Risk Officer, Western Bank, Alamogordo, NM. Raul Vazquez, Chief Executive Officer, Oportun, Redwood City, CA.