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10 Lessons We Learned at the Nacha Smarter Faster Payment Conference

South State Correspondent

The major themes of fraud, artificial intelligence (AI), expansion of instant payments, open banking, and regulation were particularly relevant to your roles as executives, risk managers, compliance officers, and technology leaders. According to Finextra, pay-by-bank is up 479% from the $57B in volume from last year.

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Fintech Lenders Stumble While Banks and Credit Unions Gain

The Financial Brand

Traditional institutions exploited holes in fintechs' consumer lending model, especially relating to service. But technology is still key. The post Fintech Lenders Stumble While Banks and Credit Unions Gain appeared first on The Financial Brand - Banking Trends, Analysis & Insights.

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14 Surprising Projections on the Future of Banking

The Financial Brand

Research on the future of banking finds that most changes in the future of banking will be evolutions of the more recent past. The post 14 Surprising Projections on the Future of Banking appeared first on The Financial Brand - Banking Trends, Analysis & Insights.

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What the future holds for retail banking – 5 key trends

NCR

McKinsey notes in its 2015 Global Banking Annual Review : “The fight to hold on to customer relationships will be a high-stake struggle. ” Here are five key trends that financial institutions will have to be aware of in the coming years if they are to achieve this. ” Enhancing the customer experience.

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Banks and Credit Unions Rethinking Priorities Amid Economic Uncertainty

The Financial Brand

This article Banks and Credit Unions Rethinking Priorities Amid Economic Uncertainty appeared first on The Financial Brand. Technology & third-party collaborations are not just value-added propositions, but fundamental elements to meet strategic banking urgencies.

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How JPMorgan Is Preparing For The Next Generation Of Consumer Banking

CB Insights

Led by Chairman and CEO Jamie Dimon, the bank is undergoing a transformation, moving away from offline legacy systems and into the digital age. Over the past two years, the bank has spent nearly $20B to scale its technology and prepare itself for the next generation of banking.

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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. Are they siloed, or can they get access to the same level of data to continually offer the best customer decision? Read the full post: Open Banking: Are You Ready to Become a Banking Ecosystem?