The Financial Brand

NOVEMBER 22, 2020

Banks and credit unions must rethink the definition of ‘digital banking’ and prioritize investment in data, technology, people and processes. The post Top Digital Banking Transformation Trends for 2021 appeared first on The Financial Brand.

Digital Banking 43

Digital Banking Trends Branding Data 43

NCR

MARCH 5, 2018

The banking sector is currently going through one of the most fundamental changes since the creation of the internet. For some, the answer is that in the coming years, banks need to see themselves not solely as financial services providers, but also fully-fledged technology companies.

Technology 84

Technology Company social media Examples 84

The Financial Brand

FEBRUARY 12, 2021

Achieving digital banking maturity is a process that requires a focus on the components of digital transformation and a culture that embraces change. The post Digital Banking Transformation is a Journey, Not a Destination appeared first on The Financial Brand.

Digital Banking 43

Digital Banking Branding Big Data Customer Experience 43

The Financial Brand

DECEMBER 27, 2020

As banking executives define their 2021 goals, they must commit to improving digital experiences, leveraging data and honing human skills. The post 3 Resolutions for Digital Banking Success in 2021 appeared first on The Financial Brand.

Digital Banking 43

Digital Banking Branding Data Big Data 43

Banking 2020

APRIL 28, 2015

Digital banks are no longer in the ‘money’ business but rather, in the ‘value’ business. Unlike in the past, when more than two products from one bank made a customer loyal, customer behavior is fleeting and their expectations for digital banking is increasing every day, because technology is giving them numerous choices and control.

Customer Experience 40

Customer Experience Digital Banking social media Millennials 40

The Financial Brand

OCTOBER 28, 2020

Delivering intelligent digital banking experiences using data and AI will improve efficiency, effectiveness and revenues for financial institutions. The post Now is the Time for Intelligent Digital Banking Experiences appeared first on The Financial Brand.

Digital Banking 33

Digital Banking Branding Data Big Data 33

Chris Skinner

APRIL 26, 2017

For years, we hear waves and waves of technology change. There’s client-server computing and data warehousing. There’s Big Data and mobile. Now there’s artificial intelligence, machine learning and data analytics. There’s object orientation and service oriented architecture.

Big Data 297

Big Data Conference Analytics Data 297

PYMNTS

JUNE 13, 2019

Fighting bad actors is particularly challenging for those in the banking industry, which lost more than $31 billion to fraud in 2018 and is projected to lose even more as cybercriminals become more sophisticated. Faster payments have also contributed, as banks now have less time to identify fraudulent transactions.

Fraud 128

Fraud Analytics New Jersey Data 128

The Financial Brand

NOVEMBER 20, 2019

The post Top 5 Digital Banking Transformation Trends Shaping 2020 appeared first on The Financial Brand. Going into 2020, financial institutions will need to deliver simplicity, intuitive design and personalization that is not delivered today.

Digital Banking 33

Digital Banking Trends Branding Big Data 33

American Banker

AUGUST 22, 2016

Analytics tools for customer experience are an increasing priority for banks, but technology alone won't change anything. Banks also need to create an internal culture of data science.

Big Data 28

Big Data Data Strategy Analytics 28

PYMNTS

SEPTEMBER 3, 2018

Financial authorities from the two small, affluent countries said they will “develop an environment that supports the sustainable development of financial services through emerging technology,” according to the statement. The incoming federal administration there wants to change that via digital banking and other efforts.

Fintech 111

Fintech Trends Innovation Groups 111

PYMNTS

MAY 18, 2016

At JPMorgan Chase’s 2016 annual meeting of shareholders , CEO Jamie Dimon took the occasion to point toward the marriage, established and ongoing, between finance and technology, which may be viewed as a tailwind for market presence on a global scale and in new greenfield opportunities as well.

United States 100

United States Meeting Big Data US 100

PYMNTS

SEPTEMBER 6, 2016

That’s the backdrop for the nearly hour-long conversation that Karen Webster had about the role of payments security in digital business transformation with CA Technologies Director of Payments Security James Jenkins. Payments Security As A Digital Business Enabler. CA Technologies’ Roadmap.

Security 100

Security CA Payments Big Data 100

Chris Skinner

JUNE 19, 2017

Derek is responsible for the drive to transform the customer value proposition, including global product and design, customer experience, launching new products and services and leveraging big data and customer analytics. The focus of most banks is on the age of glass, with a clear investment in mobile apps.

Big Data 270

Big Data Mobile Customer Experience Analytics 270

PYMNTS

JUNE 17, 2019

” The Mobile Banking Advantage. Since entrepreneurs tend to embrace technology in general, said the executive, there is a natural synergy at play. As he said, “Entrepreneurs look for banks that are like them — and apps do this best.”. There also exists some imperative to embrace digital banking, he noted, as in the U.K.

Taxes 108

Taxes Mobile Software Big Data 108

Cisco

APRIL 7, 2019

Mobile-first banking is an immediate driver of digital strategy. While banks work to build the right customer experience across channels, emerging technologies like voice-first banking and intelligent chat bots gain footing. Cybersecurity and Banking: 3 Trends to Watch in 2019. #3. Triage legacy systems.

Trends 64

Trends Cyber Security Big Data Analytics 64

PYMNTS

OCTOBER 4, 2017

[He or she is] going to a competitive bank, an incumbent or a FinTech, to open [a] second, third, fourth or fifth account. For the bank, that’s something you never want.”. It’s a complete CRM view across lines of business, [so] no matter who you are at the bank — you’re seeing the data that is relevant for you.”.

Tools 101

Tools System Fintech Big Data 101

Cisco

APRIL 7, 2019

Mobile-first banking is an immediate driver of digital strategy. While banks work to build the right customer experience across channels, emerging technologies like voice-first banking and intelligent chat bots gain footing. Cybersecurity and Banking: 3 Trends to Watch in 2019. #3. Triage legacy systems.

Trends 48

Trends Cyber Security Big Data Analytics 48

The Financial Brand

MAY 30, 2018

The banking industry is increasing investments in digital technology, data security and AI to try to meet increasing consumer expectations and new government regulations. The post Banks Play Catch Up With Technology As They Concede The Battle for Payments appeared first on The Financial Brand.

Technology 33

Technology Payments Meeting Regulation 33

Banking 2020

JANUARY 26, 2015

Today, consumers interact with their banks via their smartphones, computers and other devices. Value of human touch: While technological developments such as digital banking bring conveniences to the lives of consumers, we often forget to realize the value of human contact. What have you been reading?

Customer Experience 40

Customer Experience Innovation Digital Banking Mobile 40

Gonzobanker

DECEMBER 20, 2019

There is an understanding that technology and fintech are going to cause radical change, but the how, how big and when are still very unclear. A finance pro who was not afraid of technology, Trylko brought respect and class to every endeavor he undertook. And this year’s Smarter Bank is … drum roll … USAA.

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Idaho Conference Data Marketing 148

American Banker

MARCH 23, 2016

Fifth Third is using savings generated from closing more than 100 branches over the past year to expand its digital capabilities through a major IT hiring initiative.

Big Data 28

Big Data Resources Data Analytics 28

Celent Banking

SEPTEMBER 30, 2016

For example, 2-3 years ago the hot topic was PFM, big data, and mobile wallets. These technologies have advanced quite a bit in the last year, and the proposition for banks is becoming much more attractive. PFM was hidden behind data analytics : PFM hasn't been a discussion topic in the industry for quite some time.

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San Francisco New York Analytics blockchain 100

Insights on Business

JANUARY 22, 2016

Digital forces are transforming industries beyond recognition. Big data, mobility, social media and cloud computing are changing the way people live, work and think – and forcing banks to develop new strategies to meet ever-shifting customer expectations. To succeed tomorrow, banks need a change in thinking today.

social media 79

social media Analytics Innovation Big Data 79

Insights on Business

JANUARY 22, 2016

Digital forces are transforming industries beyond recognition. Big data, mobility, social media and cloud computing are changing the way people live, work and think – and forcing banks to develop new strategies to meet ever-shifting customer expectations. To succeed tomorrow, banks need a change in thinking today.

social media 70

social media Analytics Innovation Big Data 70

Insights on Business

JANUARY 22, 2016

Digital forces are transforming industries beyond recognition. Big data, mobility, social media and cloud computing are changing the way people live, work and think – and forcing banks to develop new strategies to meet ever-shifting customer expectations. To succeed tomorrow, banks need a change in thinking today.

social media 70

social media Analytics Innovation Big Data 70

Gonzobanker

MAY 1, 2018

As with any new technology, it all comes down to the execution. The Payments GonzoBankers have just returned from the PSCU member forum and the biggest announcement (among many) was the launch of Lumin Digital , a new digital banking platform that is currently available only to credit unions.

System 86

System UX Data Tools 86

ZootBlog

APRIL 6, 2016

In his humorous way he was making a plea for banks to stop layering on systems, kill some of their legacy applications, and create a whole new approach. This is a similar sentiment to one of the top 10 banking trends for 2016 as identified by the Digital Banking Report—the introduction of ‘optichannel’ delivery.

Customer Experience 60

Customer Experience Payments Big Data Banking Trends 60

Banking 2020

SEPTEMBER 23, 2014

Question: Community branch, personal service, mobile banking—which is the odd one out? For some time now, there have been discussions about the future of community banks in the age of digital banking. Answer: None. Otherwise, the industry is in trouble. Things are and will be very different, no doubt about that.

Community 55

Community social media Community Bank Big Data 55

Insights on Business

JANUARY 21, 2016

Digital forces are transforming industries beyond recognition. Big data, mobility, social media and cloud computing are changing the way people live, work and think – and forcing banks to develop new strategies to meet ever-shifting customer expectations. This is the time of the next generation bank.

social media 70

social media Analytics Innovation Big Data 70

The Financial Brand

FEBRUARY 3, 2022

New research shows that data modernization in banking is a key component of successful digital banking transformation. The post Overcoming Legacy Data Challenges with Data Modernization in Banking appeared first on The Financial Brand - Banking Trends, Analysis & Insights.

Data 34

Data Banking Trends Analysis Digital Banking 34

The Financial Brand

SEPTEMBER 7, 2020

The Digital Banking Report finds that while banks know the importance of digital transformation, many still have not implemented the required strategies. The post Digital Transformation Success Elusive For Financial Institutions appeared first on The Financial Brand.

Strategy 43

Strategy Digital Banking Branding Report 43

The Financial Brand

SEPTEMBER 7, 2020

The Digital Banking Report finds that while banks know the importance of digital transformation, many still are not successful with the required strategies. The post Digital Transformation Success Elusive For Banking Organizations appeared first on The Financial Brand.

Strategy 40

Strategy Digital Banking Branding Report 40

Insights on Business

JUNE 11, 2016

The challenge is to be diligent about reducing cost and leveraging technology where-ever possible knowing start ups are “cherry picking” our services and coming in at much lower price points. Hail to the rainmakers, catalysts and change agents! BTW, I would love to hear your opinions, so feel free to comment.

Security 70

Security System Compliance Course 70

Insights on Business

JUNE 11, 2016

The challenge is to be diligent about reducing cost and leveraging technology where-ever possible knowing start ups are “cherry picking” our services and coming in at much lower price points. Hail to the rainmakers, catalysts and change agents! BTW, I would love to hear your opinions, so feel free to comment.

Security 70

Security System Compliance Course 70

Gonzobanker

JULY 16, 2018

When rising technology star Bill Gates bragged in July 1994 that “banks are dinosaurs … we can bypass them,” it struck fear in the hearts and minds of bankers. The PC era was the first of many technology disruptions, and as the client-server, “dot.com” and mobility eras emerged, predictions abounded that the banking industry was toast.

Analytics 63

Analytics Industry Management Software 63

Fintech Labs Insights

JANUARY 24, 2017

Sales.UP: the power of big data analytics with pre-packaged insights, with the speed and knowledge of ecommerce. Braun worked in the retail banking technology industry in the past 15 years and more recently at technology vendors such as IND and Misys. Why it’s great. Presenters. appeared first on Finovate.

Big Data 12

Big Data Analytics Financial Technology Tools 12