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This Week’s Reads: Digital Banking, Innovation and Payments

Banking 2020

Reality checks for community banks switching to a digital model: There is a lot of talk about digital banking however, not all digital banking falls under the same umbrella. Community banks must examine what cultural, operational and marketing shifts will happen when they adopt digital banking initiatives.

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Innovation in Digital Banking: There’s no substitute for real-world experience

Banking 2020

Specifically, it taught me about customer empathy and experimentation as two good tools to use in innovation. Personal Innovation: You see, I used to be quite unhealthy, living on a steady diet of junk food matched with no real exercise regimen. It builds on innovation and engages the member more effectively. But it worked.

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This Week’s Reads: Wearables, Biometrics, Digital Banks

Banking 2020

Articles via PYMNTS.com, Bank Innovation, Information Age, The Financial Brand. Designing a digital bank: What are millennials looking for in their financial institution? Spotlight banking biometrics digital banking financial institutions internet millennials payments security smartphone wearables'

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

Banking 2020

Banking innovation: a marathon, not a sprint: There’s no arguing that technology has forced financial institutions to become more innovative which has helped create new banking platforms and expectations from consumers. Spotlight banking digital banking innovation mobile banking mobile check deposit omnichannel'

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This Week’s Reads: Digital Technology, Mobile’s Rise, Innovation Labs

Banking 2020

Building a Digital Bank is a Matter of Survival – The Financial Brand. Mobile’s Rise Poses a Riddle for Banks – WSJ. Mobile Banking Leaves Something to Be Desired, Consumers Say – eWeek. Digital technology to open up core banking market – ComputerWeekly. What have you been reading?

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This Week’s Reads: Customers Like Branches, BlackBerry Apps, Digital Banking Definition and More

Banking 2020

adults saying they use a BlackBerry as their primary smartphone, it is hard for banks to justify investment in creating and maintaining apps for these devices. What really is “digital banking”?: Digital banking is widely used in the financial services industry, but experts struggle to define what it really means.

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Omni-channel innovation, not supplier contraction, critical to banking growth

Banking 2020

It is rare that industries are served well by consolidation of similar players as these rarely drive innovation and mostly seek to benefit from cost saving through scalability, operational efficiencies, and product rationalization. With all of these pressures on retail banking, the industry needs innovation more than ever before.