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Why The Bank-FinTech Relationship Is More Complicated Than Conflicted

PYMNTS

Or, as a recent CNBC article put it, quoting a source, “a mass extinction event.”. Among the latest chronicles of that struggle came this week via a CNBC article , which includes this quote from a 2016 McKinsey & Co. So far, at least, global banks are holding up, based on their most recent reporting periods,” the article says.

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15 Ways We Are Using ChatGPT in Banking

South State Correspondent

Our innovation working group, called Spark, has been playing with the tool for the past several months, and this article details how we use it to jump our productivity by 20%. How Bankers Will Use This Amazing Tool Bankers can use ChatGPT in various ways to improve their productivity, operations, and customer experience.

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A Look At Amazon Protect: Amazon’s Warranty Insurance Brand Expands In Europe

CB Insights

A Google search for the “Amazon of insurance” yields over 78 million results, topped by articles with grandiose titles like “Will Google or Amazon offer one-click life insurance?” In terms of UX, the purchase flow for Amazon Protect is integrated directly into the checkout process, as shown below in orange.

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Temenos to Acquire Kony: So What?

Gonzobanker

Any overlaps between Akcelerant in loan operations and Avoka in sales/origination appear to have been sorted out in the Infinity product line. Still to be sorted out are overlaps between Infinity and Kony’s UI/UX assets. This group is known to be pretty adaptive and innovative, so prepare to test the agile skills. negbombers.

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Can Smartphones Solve ATM Skimming

Banking 2020

According to a recent article in ATMMarketplace.com, card skimming accounted for more than $2 billion in losses. Thus we are forced to use QR codes instead of a superior UX with NFC or Bluetooth to establish a handshake between the phone and an ATM. ATM skimming remains a big business for organized crime rings.

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The 25 Most Absurd Job Titles In Tech

CB Insights

INNOVATION IS MORE THAN FANCY JOB TITLES. Get the free 31-page State of Innovation report to find out how 677 corporate strategy execs are driving change and growth. Innovation Evangelist. Both SAP and Google have employed an innovation evangelist in years past. Innovation Alchemist. Innovation Sherpa.

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The 2019 GonzoBanker Awards

Gonzobanker

It is an innovator with tech (e.g., Netflix co-founder Marc Randolph said the leading trait of an innovator is identifying pain. Even with worries around an allegedly discriminatory algorithm, Silicon Valley UX met big bank Wall Street money in slick onboarding that has our attention. The bank’s strategy is laser-focused.

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