Bank Innovation

DECEMBER 6, 2016

Fiserv, a leading banking technology company, has signed on as the headline Diamond sponsor of Bank Innovation 2017. Bank Innovation 2017 is this blog’s annual gathering on ideas and opportunities in fintech.

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FICO

OCTOBER 12, 2022

Risk-Aware Marketing to Personalize Telco Customer Engagement. Innovators are shoring up their market share by opting for cloud-hosted platform technology more typically favoured by banks. Here's how technology from the banking space can help telcos compete with aggressively competitive sales and retention tactics. FICO Admin.

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Perficient

FEBRUARY 29, 2024

This blog was co-authored by Perficient’s Chief Strategist and banking expert: Scott Albahary A slowing global economy, coupled with a divergent economic landscape, poses challenges for the banking industry in 2024. Explore and integrate alternative data sources and innovative scoring models to offer fairer assessments of creditworthiness.

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PYMNTS

NOVEMBER 14, 2019

The latest example of the power of those digitally-enabled innovative efforts comes from online freight marketplace operator Convoy. Founded in 2015, Seattle-based Convoy is among the biggest operators of online marketplaces that match truckers with shippers needing to move cargo,” the report said. Rowe Price Associates.

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Accenture

JUNE 17, 2019

Guest bloggers Ben Lopez and Charlie Arthy continue their series on achieving simplified, future-ready bank operations. . To optimize and simplify their operations for agility to capture opportunities driven by market change. To optimize and simplify their operations for agility to capture opportunities driven by market change.

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Customer Experience Operations System Software 153

FICO

MAY 17, 2023

Innovation is incredibly important. There is no growth without innovation. They wanted to know how investing in technology innovation was affecting growth. The top 25 percent of companies that were investing the most in technology innovation were growing at twice the pace of the 10 percent that invested the least.

Customer Experience 97

Customer Experience Innovation Trends Strategy 97

CFPB Monitor

SEPTEMBER 6, 2022

I am pleased to share with our blog readers that Kristen Larson, an attorney with almost two decades of in-house experience advising midsized and large national banks on financial services matters, has joined Ballard Spahr’s Consumer Financial Services Group. She will be a regular contributor to our blog.

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Chris Skinner

MAY 18, 2017

Banking and innovation doesn’t go together. Innovation creates risk and risk is unacceptable in a financial marketplace. The idea is to innovate outside the markets. Take the risk without impacting the bank’s operations. That’s all good, but then how do you internalise the innovations after you’ve tested them?

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Innovation Financial Technology Marketing Examples 261

Chris Skinner

MARCH 22, 2017

I blogged a year ago about TechFin, the incumbents’ view of applying technology to existing banking services, versus FinTech which seeks to transform the financial system. That has become one of the top search terms to find my blog, as it turns out, mainly because my blog entries are the first to be returned when searching for techfin.

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PYMNTS

JULY 11, 2017

The basis of innovation is not the desire to create something new or even the inspiration to do so. Innovation occurs where there is a problem and a person with the tools to solve it. Anyone can have a good idea,” Lowthers said; innovation is about what you do with it. PYMNTS: Where do you look for innovative ideas, and why?

Innovation 101

Innovation social media Security Leadership 101

Accenture

OCTOBER 12, 2020

Some match those facing their peers elsewhere, while others (like the floundering oil price, a troubled real estate market and VAT changes) are more relevant to this region. The post How managed services bring flexible, scalable ‘Next-Gen efficiencies’ appeared first on Accenture Banking Blog.

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Management Regional Marketing Operations 221

BankUnderground

FEBRUARY 9, 2023

To ensure the availability and affordability of flood insurance to households in flood-prone areas, the UK Government introduced an innovative reinsurance scheme, Flood Re, in April 2016. In our regression, we interact this flood exposure with a binary variable capturing the time period when Flood Re was operating.

Marketing 74

Marketing Policies Regional Data 74

PYMNTS

OCTOBER 30, 2018

Coinbase, the cryptocurrency exchange operator, has raised a fresh round of funding that gives it a valuation of more than $8 billion. The latest round of funding implies investors are still interested in the cryptocurrency market despite the steep declines in the price of many of the digital tokens.

cryptocurrency 181

cryptocurrency Regulation Management Innovation 181

PYMNTS

FEBRUARY 5, 2020

Looks like the digital advertising and marketing sectors are in for a reckoning. That’s a bad moon rising for some Big Data operators. For example, the Monetary Authority of Singapore is granting five licenses to FinTechs in an effort to drive innovation in a banking market still tightly controlled by legacy institutions.

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Google Data Regulation social media 288

PYMNTS

AUGUST 4, 2017

In late July, the Federal Reserve Faster Payments Task Force released its much-anticipated report on how to strengthen and operate the U.S. However, if recent developments in the financial services industry are any indication, innovation waits for no institution, company, agency or, for that matter, Fed report. faster payments system.

Community Bank 116

Community Bank Community Innovation Millennials 116

Chris Skinner

JULY 25, 2017

Housed at the World Bank, CGAP’s mission is to improve the lives of poor people by spurring innovations and advancing knowledge and solutions that promote responsible, sustainable, inclusive financial markets. Real-time, interoperable payment and transfer infrastructure is spreading across markets.

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ATM Bitcoin Retail blockchain 274

PYMNTS

SEPTEMBER 22, 2020

20) accused Google of “arm-twisting” startups that depend on the Android mobile operating system. The company complained about Google’s market power in a Sunday blog post that gave the company’s perspective on Google’s temporary removal of a Paytm app from the Android store. In an interview Tuesday (Sept.

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Google Policies Compliance Security 140

Accenture

SEPTEMBER 22, 2019

An obvious reason is the inroads they’re making into the market, both domestically and globally: recent Accenture research finds that digital-only banks operating in the UK could amass a total of 35 million customers globally within the next 12 months, up from 13 million today. Why the intense interest in the neo-challengers?

Innovation 150

Innovation Metro Apple Marketing 150

FICO

MAY 18, 2023

The innovative pay-as-you-go solution allows Dock’s clients, including banks, fintechs, and retailers, to intercept fraudulent transactions and protect their operations, while also improving the user experience. The fraud prevention solution is based on FICO® Falcon® Fraud Manager and FICO® Customer Communication Services (CCS).

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Fraud Technology social media Innovation 52

Insights on Business

APRIL 5, 2018

Market data – real-time feeds and historic tick data. Components: Portfolio, investment & market analytical tools. Global market barometer. Innovative strategies and value propositions. They deliver Morningstar’s unique IP and help our clients build their software faster and get to market quicker.

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Operations Analytics Software Data 102

PYMNTS

MARCH 26, 2019

Dynamic Yield , the artificial intelligence powered personalization platform operator, announced it is being acquired by fast-food chain McDonald’s. For some time, McDonald’s has been embarking on a digital transformation aimed at boosting sales and modernizing stores.

Company 152

Company Branding Study Technology 152

Accenture

JUNE 5, 2019

In my previous blog, I mentioned that Europe is the battlefield for GAFA (Google, Amazon, Facebook, Apple) companies from the West and from Chinese and Japanese platforms from the East, in addition to the growing number of new, smaller players entering the banking market. percent of total banking revenues in 2017.

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Maine Innovation Examples ATM 150

FICO

MARCH 14, 2023

In this post, I will touch on the current state of health insurance claims automation and common pressures for innovation in claims operations. I will share typical challenges to improvement in claims automation and how to drive an automation initiative forward.

Software 98

Software Management Analytics Operations 98

PYMNTS

NOVEMBER 14, 2018

Senior Vice President of Digital Operations Tom Ward said in a blog post , “Through it, w e aim to learn more about how we can take advantage of self-driving vehicles to deliver fresh groceries – hand-picked by our personal shoppers – to customers.”. Walmart U.S. households. Walmart U.S.

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North Carolina Charlotte Miami Metro 116

PYMNTS

SEPTEMBER 15, 2019

The trucking industry generated $796 billion in revenue last year, while the global ride-hailing market was valued at just $36 billion in 2017. In July, the company announced it was going after its second European market with the launch of its trucking platform in Germany.

Industry 179

Industry Chicago San Francisco Marketing 179

Perficient

NOVEMBER 10, 2020

We’re big believers in giving back to the communities in which we operate, and healthcare tends to be where we invest much of our time and energy from a charitable perspective. Read more about Perficient’s community engagement efforts at the Life at Perficient blog. . healthcare systems.

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St. Louis Community Missouri Leadership 294

Jack Henry

JULY 29, 2022

As someone who reads this blog and follows the industry, you’ve likely heard a lot of talk about open banking recently. We know that in today’s market, consumers don’t compare financial institutions (FIs) so much as they compare experiences. Consumers clearly want freedom, flexibility, and choice.

User Experience 78

User Experience Google Lending Industry 78

PYMNTS

MARCH 4, 2019

Circle , the payments startup backed by Goldman Sachs, announced on Monday (March 4) it closed on its acquisition of SeedInvest , an equity crowdfunding platform that operates a registered broker-dealer. The company will continue to operate as it is currently, but with additional support from Circle.

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United States Capital blockchain cryptocurrency 128

Insights on Business

FEBRUARY 13, 2019

They use the Bradesco infrastructure, but they operate in parallel. At IBM Think 2019, Henrique Albuquerque from Bradesco Research and Innovation offered insight into how Bradesco is transforming by focusing their entire business structure around the customer journey. Social-based marketing. Hyper-connected journey.

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Albuquerque Digital Banking Millennials social media 152

Bank Innovation

APRIL 28, 2016

Bank Innovation INV, this blog’s fintech accelerator, is pleased to today to announce the six extraordinary startups that have been admitted to its inaugural class.

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Innovation Security Fintech Company 150

Perficient

JULY 27, 2020

In a previous blog, Digitally Catering to New Customers Post-COVID , I explored the impact COVID has had and is continuing to have on B2B healthcare organizations, specifically in areas such as commerce and site traffic for organizations that sell health/wellness products. Interests and affinities in different market segments.

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Analytics Technology Strategy Taxes 332

William Mills

MAY 11, 2016

William Mills Agency and Beyond the Arc will be live blogging at FinovateSpring 2016. Sergii Danilenko (Head of Marketing). Sabina Bhatia (Director, Marketing). Scale private banking model to a much broader market. Silver 6 operates as Software as a Service (SaaS), so that means no IT and no infrastructure required. ^SR.

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PYMNTS

MARCH 27, 2019

To present brands that allow them to stand out from retail competitors, merchants in the hospitality space are turning to innovations. According to the PYMNTS Retail Innovation Readiness Index , nearly eight in 10 accommodation and food services merchants — or 77.4 percent — cite innovation as key for keeping them in the hunt.

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Innovation Branding Retail Meeting 130

Accenture

MAY 30, 2019

Jeff Crawford, a member of our payment strategy and innovation team, provides perspective on connected car payments and the opportunities for stakeholders. After making the purchase, the gas station operator could use contextual marketing to send a personalized in-store promotion to increase the total sale’s ticket.

Payments 150

Payments Innovation US Strategy 150

Accenture

JUNE 20, 2019

I am pleased to once again have managing director Tim O’Donnell’s unique perspective and experience for this blog series. And nearly 80 percent of bank operations leaders say their organization’s existence could be threatened without flexible technology for rapid innovation. 3 2018 North America Banking Operations Survey.

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Survey Customer Experience Payments Management 150

PYMNTS

NOVEMBER 19, 2020

The micro-mobility company, which rents scooters in urban areas, had achieved profitability for a full quarter over the summer, and is now on track to be profitable for 2021 as a whole, Lime wrote in a blog post. Lime believes it is the first micro-mobility company to achieve profitability for a full quarter.

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Mobile Company US Operations 132

Accenture

OCTOBER 14, 2019

Several factors are influencing this: Cultural aversion to credit, lack of supply to ineffective marketing, difficulty in applying for credit and more. Delivering such payments-driven propositions to drive top-line growth and efficient operations for credit issuers requires banks and other payments players to, well, innovate.

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