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UX Design is Next Big Hurdle for Banks, Vested Ventures Says

Bank Innovation

banks are mastering the use and sharing of data, but the next challenge is going to be even more technical. To move forward, financial institutions are going to have to take a closer look at the user experience, Eric Hazard, CEO for fintech venture capital […].

UX 306
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Xeeva Enhances Procurement Spend Data Management

PYMNTS

The indirect spend management company also rebranded its products and technology platform to better show its capabilities throughout sourcing, procurement, spend analytics and data enrichment, according to an announcement. In separate news, Tradeshift teamed with Chain IQ to offer procurement services innovation.

Data 136
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5 Banking Trends We’re Forecasting for 2023

Perficient

Three prominent areas where there is a strong desire to optimize: Data. Institutions are seeking to clean up their data pools to enable the cultivation of insights that lead to actionable change. User experience. Another example is Eno , Capital One’s virtual assistant. Applications.

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Addressing the Need for Personalization in the Financial Services Industry

Perficient

Fueled by consumers’ willingness to share their data in return for timely and relevant experiences, personalization requires continually learning about the customer and applying this knowledge into the relationship and creating authentic, individualized experiences. Elements of Delivering a Personalized Experience.

Industry 294
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CPG Companies Capitalize On Dramatic Digital Shift

PYMNTS

According to a recent Euromonitor survey, more than 95 percent of CPG online sales occur on retail partner sites, because consumers are attracted to the selection of products and personalization of the experience. “To To capture consumer volume, eRetailers are improving their user experience and lowering product pricing,” says Mediapost.

Company 140
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How Alternative Lending Technology Stays Flexible For SMBs

PYMNTS

While this partnership model remains popular, market volatility has once again created a need to connect more SMBs to capital as quickly and efficiently as possible. In Canada, one of those alternative players is Thinking Capital. This is a market that's going to be digital-first in the future," he said.

Lending 289
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How Data Builds A Foundation For Commercial Bank/FinTech Collaboration

PYMNTS

Banks’ existing offerings have also been plagued by “very low enrichment of data,” Juul added, “and on top of this, a low focus on the ‘digital end-user experience.'” ” The Power of Data. APIs Add Fuel.

Fintech 187