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New Competitors Forcing Banks to Reevaluate Innovation Strategies

The Financial Brand

Banking providers are investing in innovation, changing business models and partnering with fintech firms to respond to digital consumer expectations.

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Banks Investing to Provide Omnichannel Experience

The Financial Brand

Leveraging new technologies and big data, banks and credit unions are investing to improve mobile, online and branch consumer experience. Branch Strategies Innovation Strategies Mobile Strategies Online Strategies Efma Finacle Infosys multichannel'

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Fintech task force deliberates pros and cons of ‘big data’

Bank Innovation

quintillion bytes of data are created every single day. As such, lenders are collecting vast amounts of consumer information and calling it “big data,” a key product to generate insights, support decision making, and enable automation. More than 2.5

Big Data 259
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Finastra to help clients improve customer data management

Bank Innovation

Banking technology company Finastra is enhancing the rollout of its customer data strategy as clients face new competition. As part of this effort, the London-based company hired Lisa Fiondella as its first-ever chief data officer in November.

Data 243
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How Banks Will Become Irrelevant in Next Decade

The Financial Brand

To survive, banks and credit unions must build the digital infrastructure and competitive mindset that can make an organization future-ready. The post How Banks Will Become Irrelevant in Next Decade appeared first on The Financial Brand - Banking Trends, Analysis & Insights.

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3 Resolutions for Digital Banking Success in 2021

The Financial Brand

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.

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Top Digital Banking Transformation Trends for 2021

The Financial Brand

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.