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Making Banking Easier with Intelligent Branch

Cisco

Whether a retail bank, wealth management firm, credit union, or insurance company with a banking segment, the financial industry is facing dramatic changes on how best to accommodate customers, and what is the appropriate mix between brick-and-mortar bank branches, remote work, self-service ATMs, and digital platforms.

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Two Executive Views of Digital Transformation, and Why They Both Matter

Gonzobanker

Community banks and credit unions, in total, have 56 million. Bank of America recently reported that in 2020, 84% of all deposits were made through its automated channels (mobile, online and ATMs). Last year, BofA’s digital channels accounted for 42% of total consumer sales, 68% of consumer mortgage sales and 74% of direct auto sales.

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Chime, Uniswap, and the future of finance could soon struggle

Lex Sokolin

The bank had one of the most interesting private equity and digitization strategies in the US for the middle market in the 2010s. You can think of these things as vending machines or ATMs that deliver different financial services functions (e.g., And look, we like Fifth Third! Yet here we still are. But what is Chime really?

Capital 52
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37 Corporate Innovation Labs In Finance

CB Insights

Notable projects: Card Free Access is a program developed out of the lab that allows Wells Fargo Banking customers to access ATMs through a variety of methods without their cards. Customers can use this feature in three ways: ATM access code, mobile wallet access at the ATM, and mobile wallet at the teller. Founded: 2015.