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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.

Strategy 123
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Regions using AI to make most of customer feedback

American Banker

Over the past year, the Alabama bank has been developing new tools that analyze survey responses, phone interactions and social media posts to identify opportunities to improve digital offerings.

Alabama 71
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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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??Keeping it Personal: There’s No App For That!

Banking 2020

According to a recent survey by U.S. Bank, “ The Balancing Act: U.S. Bank 2015 Outlook on People and Technology ,” 70 percent of consumers across all generations believe that banks featuring the latest technology are more trustworthy, yet 63 percent said they will never make all financial transactions digitally.

Survey 40
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This Week’s Reads: Omnichannel, Mobile Check Deposit, Innovation

Banking 2020

Meeting customers anywhere with omnichannel banking: There are more convenient, better ways to bank and consumers are quickly becoming aware of it. How much do consumers use mobile check deposit?: Mitek recently reported that it estimates nearly 33 million Americans use their mobile deposit products.