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5 things banks need to do to boost customer experience

NCR

With the landscape shifting rapidly for the financial services industry – thanks to the rise of digital and changing consumer expectations – being able to provide a strong customer experience (CX) can be a key differentiator that helps banks stand out in a crowded and increasingly competitive market.

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Rebeca Romero Rainey: ICBA’s fintech partnership

Independent Banker

This year, you’ve probably heard me say that ICBA is focused on three pillars: community bank advocacy, education and innovation. As I put on three hats—consumer, community banker, and ICBA president and CEO (in no particular order)—I see three specific opportunities for innovation. Exciting, right?

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Uncovering the Hidden Efficiencies in Loan and Deposit Operations

Gonzobanker

Many financial institutions are leveraging robotic process automation (RPA) capabilities to improve customer experience and remain competitive. One of Cornerstone’s community bank clients uses RPA to reverse temporary daily POS limit increases, which its related bank system does not permit, eliminating a formerly manual daily process.

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The 2019 GonzoBanker Awards

Gonzobanker

. ————————————————————————— The ‘En Vogue’ Trend of the Year – Credit unions buying community banks. The bank’s strategy is laser-focused. It was the original data junkie.

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From Omni-Channel to Omni-Cliché: Don’t Define, Just Engage

Banking 2020

Again, technology might be the foundation for a significant part of this experience, but it’s a means, not an end. In fact, for community banks with a relatively small geographic target market, this is a perfect example of how omni-channel can be incredibly effective. The Internet of Things.

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Ready for a Sneak Peek? How to Best Prepare for FinovateFall

Fintech Labs Insights

Backbase offers 60-second onboarding for financial services companies to accelerate customer acquisition with a simple, fast, and seamless omni-channel onboarding journey. Bankjoy offers developers a banking API for a modern, real-time, holistic interface for credit unions and community banks.

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37 Corporate Innovation Labs In Finance

CB Insights

The lab aims to improve banking through better uses of technology and has a serious focus on customer participation as the best way to find solutions. It is also looking at integrating banking solutions into wearables and how the internet of things (IoT) could improve the customer experience. Founded: 2010.