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

South State Correspondent

Our Top 10 Insights From Money 20/20 From these sessions and announcements, we pulled out ten of our most important takeaways, each having an impact on bank operations in the coming year. Few speakers or vendors had solutions for how banks are going to efficiently index, manage, and optimize their knowledge base, not to mention customer data.

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What are power skills?

Independent Banker

The use of digital technology and artificial intelligence has changed the workplace dramatically in recent decades, but the pandemic accelerated this shift by forcing remote working and driving online commerce. “So, The traditional banker might say, ‘OK, let’s close your checking account down, let’s suspend your debit and credit cards.’

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How Friendly Friction Builds Better Banking Experiences

PYMNTS

And those relationships, she noted, are an excellent starting ground for succeeding with innovations “where other technology platform have recently failed.”. The Citi study referenced above, for example, found 87 percent of Americans would still trust traditional banks more than non-bank financial institutions.

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IdentityMind On The Need For FinTech Compliance Marketplaces

PYMNTS

The age of technology is, of course, well upon us, with Software-as-a-Service (SaaS) a key conduit to making sure that at least some business operations — once the province of spreadsheets and reams of paper — can be streamlined. The top of any FinTech’s to-do — and to-keep-doing — list.

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Made In India – Top 5 Extremely Useful Apps!

BankBazaar

The app’s highly adaptive video streaming technology ensures that the best possible video quality is played back automatically based on the available bandwidth, therefore making it a great video experience on both mobile networks as well as Wi-Fi internet connections. Its mobile app was launched to support almost all operating systems.

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Whatever Happened To … NerdWallet?

PYMNTS

Seeing NerdWallet grow from a singular credit cards tool in 2009 to providing content and tools across 11 personal finance topics today is something I have great pride in,” said Tim Chen, CEO and cofounder of NerdWallet. Chen, who is a former hedge fund analyst, originally cofounded NerdWallet as a credit card marketing website.

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Jumio CTO Paints A Portrait Of ‘IDV Nirvana’

PYMNTS

Like the dog in the cartoon, fraudsters use the same technologies as regular people when moving about in the virtual sphere. For instance, knowledge-based authentication is well-understood by users – but the answers to security questions can be socially engineered without too much trouble just by visiting victims’ social profiles.

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