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Podcast: How the OCC’s Premises Proposal Could Hamstring Bank Operations

ABA Community Banking

The post Podcast: How the OCC’s Premises Proposal Could Hamstring Bank Operations appeared first on ABA Banking Journal.

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Making Banking Easier with Intelligent Branch

Cisco

Operational Excellence is also vital to reduce and simplify on-prem devices, and reduce energy required to operate customer IT facilities. Financial institutions are now working to build intelligent branches. The intelligent branch is designed to execute business with new efficiency.

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Two Hallmarks of Successful Branch Transformation Initiatives

Celent Banking

Except for the smallest of community banks, branch channel transformation involves two, concurrent initiatives – the current network and the future network. Most banks appear to associate branch channel transformation with radical changes in the branch operating model. Why’s that?

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Citi’s Geolocation Move

Celent Banking

Getting its branch operations, mobile product management, IT and LOB leadership aligned represents real commitment to innovation. In my view, the most impressive aspect of this initiative isn’t so much Citi’s pushing the technology envelope; it’s the organizational effort that was likely required.

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Data Dive: FedEx Competes, BoA Automates And Hackers Hack … Everyone, Including Each Other

PYMNTS

Speaking of responding to feedback… Bank Of America And The Automated Branch. In an attempt to build banking and financial services products for literally everyone, Bank of America is experimenting with a fully automated branch design. that feature no human employees — except those accessed via a screen.

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Why diversity abounds in new branch designs

Celent Banking

While institutions may be aligned on the importance of getting on with branch channel transformation, there is much diversity of thought around what this actually means. Most banks appear to associate branch channel transformation with “radical changes” in the branch operating model.

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What Retailers can Teach FIs About Marketing

ForwardBanker

If you are not operating that way, you are missing key opportunities to engage with consumers and provide them solutions based on their needs. Many financial institutions don’t want to admit it, but the truth is simple – financial institutions are retailers. Think about it. When consumers shop at clothing stores, they generally don’t head.

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