Banking 2020

FEBRUARY 8, 2016

It’s a market potentially worth $1 trillion, and it’s up for grabs. Of course, it’s all driven by technology. Every individual in every corner of banking is aware of how the spread of digital technologies demolished established industries dependent on content, from music to travel reservations.

Industry 40

Industry Study Regulation Comparison 40

Banking 2020

OCTOBER 15, 2015

There was a time when the launch of a new mobile payment system from one of the world’s largest and most dynamic technology companies would have been a massive event. While Google Wallet and Samsung Pay are both apps, with all the advantages and headaches that implies, Android Pay is embedded in the operating system.

Mobile 40

Mobile Payments Samsung Google 40

Banking 2020

NOVEMBER 30, 2015

Banking institutions must engage with emerging financial technology (FinTech) companies or risk being left behind by an industry that is currently undergoing one of the largest transformations ever seen. Key reasons for this include innovations in the technology industry that offer significant opportunities to financial firms.

Fintech 40

Fintech Innovation Industry Meeting 40

Banking 2020

OCTOBER 20, 2015

Traditional business banking services for larger companies have been a profitability mainstay for many financial institutions, but this typically isn’t the case for the small-business segment. The key is to understand the businesses’ needs in order to upsell and cross-sell effectively through targeted marketing and promotions.

How To 40

How To Training Boston Millennials 40

Banking 2020

DECEMBER 3, 2015

Non-bank payment providers are typically governed by consumer protection rules that are less stringent than banks’ financial regulations, so are often able to bring innovative offerings to market faster and more easily. The most common solutions. The industry’s response.

Payments 40

Payments Bitcoin Regulation Mobile 40

Banking 2020

FEBRUARY 10, 2015

Coinbase already claims full support for operations in 19 countries, with more than two million wallets, 38,000 merchants and 7,000 developer apps, and it now adds some 24 jurisdictions around the country. But we’d do well to remember that many technology-driven startups have caused a lot more disruption with a lot less.

Bitcoin 40

Bitcoin New York Apple Operations 40

Banking 2020

JANUARY 27, 2015

and corresponding liquidity pressures, which were aimed at making the banking system shock-proof are indicating an erosion of growth in many high potential markets. Corporations need support in working capital optimization and banks are at the cusp of seizing this opportunity by demonstrating the agility to change the trade landscape.

Capital 40

Capital Management Operations Leadership 40

Banking 2020

OCTOBER 19, 2015

Technologies are now adopted by consumers at rates that defy the ability of many infrastructures to keep up. Financial services institutions build their reputation by offering stability, and disruption—however appealing that might seem to technology startups—flies in the face of that age-old philosophy.

Video 40

Video Resources Apple Technology 40

Banking 2020

NOVEMBER 10, 2015

Consumers around the world are becoming more interested in using their mobile devices to manage their financial affairs, with the use of mobile banking technologies set to double by the end of the decade. This is according to a new report by KPMG, which revealed the total number of mobile banking customers is set to hit 1.8

Mobile 40

Mobile social media Security Report 40

Tech and Finance

APRIL 29, 2016

PWC Retail banking. In its report on Retail Banking 2020 — Evolution or Revolution, PWC optimistically ignores many of the details of its survey and concludes that banking has a great days ahead. PWC does suggest major improvements can be achieved without replacing core systems, or undertaking radical digitalization.

Retail 28

Retail Regional Innovation Survey 28

Tech and Finance

APRIL 29, 2016

PWC Retail banking. In its report on Retail Banking 2020 — Evolution or Revolution, PWC optimistically ignores many of the details of its survey and concludes that banking has a great days ahead. PWC does suggest major improvements can be achieved without replacing core systems, or undertaking radical digitalization.

Retail 28

Retail Regional Innovation Survey 28

Banking 2020

JANUARY 15, 2015

During his tenure at Virtusa, he has successfully helped leading financial services firms excel in customer acquisition and on-boarding, improving operational efficiency, accelerating time-to-market, millennial enablement, mobile banking, and handling the ever-changing regulatory environment. Cyber vulnerabilities.

Retail 40

Retail Trends Millennials Mobile 40

Banking 2020

AUGUST 27, 2015

No doubt, if they had to make a decision today on which technology to use, they would never choose QR codes. Of course ATMs are operated not as cost reduction tools, but as profit centers for banks and independent owners. In this context new technologies are less likely to be introduced until the old technology is depreciated.

ATM 40

ATM User Experience Fraud UX 40

Banking 2020

NOVEMBER 27, 2015

These digital-heavy, mobile-savvy youngsters feel free to eschew brand loyalty and shop around for options on a whim, and the constant emergence of new technologies supports fickle habits. Some online-only startup, with operations based overseas? That’s a major advantage in this market. So where are they going?

Millennials 40

Millennials Survey social media Online 40

Banking 2020

MARCH 6, 2015

Gamification has been around long enough to prove its success in fields as disparate as fitness, brand marketing and education, and even scholarly studies confirm its effectiveness. Ultimately, gamification will only go from trend to table-stakes when it’s fully enmeshed in each company’s strategic operating philosophy.

How To 40

How To Branding Mobile Innovation 40

Banking 2020

NOVEMBER 22, 2015

Cash is still dominant in most developing markets, and even in places like the US, paper money still accounts for most consumer payments by volume. A study from Stockholm’s KTH Royal Institute of Technology says the country’s embrace of electronic payments means it’s set to ditch cash in the near future.

Study 40

Study ATM Mobile System 40

Banking 2020

MAY 12, 2015

Innovation in Banking: These travails seem very distant from my professional life, but I had all these thoughts in mind during a visit to a federal credit union. I wanted to see how the credit union operates in a real-world context. So, after an hour of introductions and topline briefings, that’s what we did.

Innovation 40

Innovation Digital Banking Survey Exercises 40

Banking 2020

OCTOBER 27, 2015

However, most of the apps it cites already exist in other forms—the new technology brings them to the TV, which means we can see on the big screen what we saw on the small screen. So here’s the big question: Could the next generation of TVs—and maybe Apple TV is just the start—revolutionize banking as much as computers and phones have?

Apple 40

Apple US Resources Software 40

Banking 2020

MARCH 10, 2015

Kyle Enger, known for his thought leadership in the world of relationship banking on the West Coast said it best, “Traditional banks have to embrace digital lending in their hometowns to compete.”. Here are a few ways Kyle described how this concept might work: Marketing to the local community and actively becoming a part of it.

Community 40

Community Lending Capital Conference 40