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Banks and Credit Unions View Fintech Partnerships a Key Growth Strategy for 2020

Gonzobanker

Fintechs can provide better design capabilities, improved customer experience, research states. Financial institutions are making fintech partnerships a key priority in 2020, according to a new study from Cornerstone Advisors. The annual What’s Going On In Banking study explores how senior executives from 300 U.S.-based

Strategy 110
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This Week’s Reads: Passwords, Bank Branches, Fintech

Banking 2020

Passwords are passé; biometrics is the future of banking: Banks are beginning to use biometrics to help authenticate customers, adding a level of convenience to banking for both consumers and financial institutions. Do Americans hate bank branches so much they’d rather use their phone? :

Fintech 40
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This Week’s Reads: Banking Myths, Snapchat, Mobile Payments

Banking 2020

Visionary FinTech Leaders Talk About The New Banking Customer Experience Model – Forbes. Top 5 Digital Banking Myths – The Financial Brand. In Liberia, Mobile Banking to Help Ebola-affected Women Traders – Huffington Post. ?Snapchat Spotlight fintech mobile banking mobile payments snapchat'

Mobile 54
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This Week’s Reads: Banking Myths, Snapchat, Mobile Payments

Banking 2020

Visionary FinTech Leaders Talk About The New Banking Customer Experience Model – Forbes. Top 5 Digital Banking Myths – The Financial Brand. In Liberia, Mobile Banking to Help Ebola-affected Women Traders – Huffington Post. ?Snapchat Spotlight fintech mobile banking mobile payments snapchat'

Mobile 40
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??Keeping it Personal: There’s No App For That!

Banking 2020

Bank branches are not only viable, but vital at a time when there is an increased focus on customer experience and service. In fact, the survey found that nearly 90 percent of Americans will plan to do at least some of their banking at physical branches five years from now. Establishing credit for the first time (29%).

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Banking Shift: 3 Ways the Debt Industry is Changing

Banking 2020

As debt collection will soon be measured on Net Promoter Score and general customer satisfaction, it’s time for banks and credit unions to start thinking about customer experience with debt collection. The shift towards treating debt collection as another step of the customer life cycle has started.