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FinTech Cloud Technology Fuels Banking Innovation

PYMNTS

As cloud technologies emerge to help financial institutions (FIs) drive digital innovation, Finastra has introduced its Fusion Payments To Go offering for small and medium-sized banks. Linear Capital served as the head investor, while additional help originated from KZM & Company Group.

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Capital One Treasury Head: AI and ML Driving Customer Experience Improvements

Bank Innovation

Phil Beck, Head of Treasury Management at Capital One, is almost a year into his job at the McLean, Virginia-based bank, where his focus has been getting commercial banking up to speed with the digital economy.

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10 Bank Technology Trends to Follow for 2024

South State Correspondent

While technology has always been important in banking, it has yet to drive the essential functions of banking. With the rise of data, generative AI, personalization, instant payments, embedded banking, and traditional AI, the customer experience in banking is now often better through digital channels.

Trends 195
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Trends Shaping the Insurance Industry in 2024

Perficient

This blog was co-authored by Perficient’s Insurance Principal and expert: Brian Bell As we step into 2024, the insurance industry faces significant transformations driven by technological advancements and evolving customer expectations. Leveraging cloud technology for streamlined operations and enhanced scalability.

Trends 221
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Five financial innovations you may have missed

Chris Skinner

I just attended an EFMA conference where the opening presentation talked about the most innovative banks in the world. See what you think … Capital One Skill for Alexa Capital One’s skill for Alexa provides a new feature called “How much did I spend?” These are the ones I quite liked, so it’s not exhaustive.

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FinTech Innovation Eases B2C Sellers’ Entrance Into The B2B World

PYMNTS

“There’s a huge opportunity [in B2B payments] for businesses that have traditionally focused on the consumer,” David Disque , president of Corporate Spending Innovations (CSI), said in an interview with Karen Webster. While an attractive proposition, the shift into the B2B world can’t happen at the flip of a switch.

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Bank IT Spending – Use These Metrics to Improve Performance

South State Correspondent

Marketing and technology (IT) are two budgets that have taken the most significant hit. Benchmarking can help banks better optimize capital as it gives bank management a sense of what the average is for the industry. Technology-forward banks spend as much as 16.4% As such, bank budgets have come under scrutiny.

Capital 195