article thumbnail

Recap of Money 20/20 USA 2023 and 10 Banking Thoughts

South State Correspondent

The catalyst was likely a panel led by the CEO of Taktile (AI Underwriting), a Partner from Bain Capital, a partner for Andreessen Horowitz, the chief data scientist from Branch International (digital banking fintech for India and Africa), and a tech correspondent for CNBC. You have never heard so many intelligent people sound not so smart.

article thumbnail

Banking on a Winner: Fostering innovation to compete in today’s financial environment

ZootBlog

Not only are these banks expanding their base services but they are pulling in an innovative trainer versed in the latest technology advancements. Alternative lending platforms are providing capital to consumers more efficiently than traditional banks. Alternative Lenders.

article thumbnail

Wake up: Your bank is not efficient

Gonzobanker

Most banks have horrible business, mortgage servicing and wealth management self-service capabilities, and the amount of online lending and deposit account opening is sad compared to more innovative players like USAA and Capital One 360. Force the discipline of a KPI culture.