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GenAI: Banking’s Best Offense in Challenging Times

The Financial Brand

This article GenAI: Banking’s Best Offense in Challenging Times appeared first on The Financial Brand. IBM research explores the immense yet balanced potential of generative AI across innovating customer value, optimizing operations, and managing risks.

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Open Banking in the Middle East: Time is of the essence

Accenture

This is the first in a series of in-depth thought leadership pieces on Open Banking in the Middle East. This one explains Open Banking and outlines key considerations for the Open Banking journey. Subsequent pieces will focus on the business case for banks in the region and lay out the actions they need to take….

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What the future holds for retail banking – 5 key trends

NCR

In the UK alone, for example, there were 29 new banking licence applications in progress in 2015, and the likes of Apple Pay and Google Wallet are making great progress in developing innovative new services to entice customers with the promise of better value and convenience. More simplified operations.

Trends 40
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Making omni-channel a reality – Part 4: Assess your operating model

NCR

Any bank embarking on a journey towards omni-channel service delivery will have many questions to answer and challenges to overcome along the way, as I explore in this whitepaper. One of the key stages of an omni-channel transformation is assessing your existing operating model and looking for ways it can be improved.

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How JPMorgan Is Preparing For The Next Generation Of Consumer Banking

CB Insights

Chase prioritizes hiring technical talent to lead innovation. JPM’s evolving suite of digital banking apps. Physical branch banking. Chase prioritizes hiring technical talent to lead innovation. One big driver behind JPM’s growth in digital customers is its consistent focus on technical hiring.

Cards 76
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10 Lessons We Learned at the Nacha Smarter Faster Payment Conference

South State Correspondent

Banks with open banking ambitions should adopt this language standard to increase interoperability, efficiency, security, and customer experience. If banks make it harder for criminals to make money, they will move on to other areas. Instant Payments at Nacha Thsi Nacha conference was all about instant payments.

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Top 5 Customer Development Posts of 2021

FICO

Managing risk and improving the customer experience during a pandemic presented credit professionals with new sets of challenges. This involves operationalizing AI and predictive analytics to break down silos and become central to client operations. Building a successful ecosystem is no mean feat. Retail Credit Analytics.