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Wondering Where to Invest in Banking Tech? Here Are Three Case Studies

The Financial Brand

Here Are Three Case Studies appeared first on The Financial Brand. Here's how one bank, one credit union and one fintech made tech upgrades that improved employee and customer experience. Here Are Three Case Studies appeared first on The Financial Brand.

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

South State Correspondent

As can be seen, the conference largely revolved around payments, artificial intelligence, fintech partnerships/management, regulation, and fraud/identity in its various forms. The discussions were healthier, more compliance-focused, and with little expectations that banks were going to offer crypto to their customers any time soon.

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How financial services firms are using chatbot technology to transform their businesses

Insights on Business

The financial services industry is one of the fastest adopters of this technology. –> Read the Bradesco case study to learn more. The IBM Watson Assistant team has been busy in the past year helping clients implement state-of-the-art chatbots. IBM scores at the top in analyst ratings for chatbots.

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90 minutes a year in a branch versus 45 hours on an app

Chris Skinner

We had a great meeting of the Financial Services Club this week with guest keynote Derek White, Global Head of Customer Solutions for BBVA reporting directly to the CEO, Carlos Torres Vila. He gave an insightful presentation around how the world is changing, and how banks are moving from the age of brick to glass to air.

Big Data 270
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Five financial innovations you may have missed

Chris Skinner

Customers who have enabled the Capital One skill can ask Alexa about their spending for the past six months–by day, month, or a specific date range–through questions posed in natural language. The natural language interfaces combine artificial intelligence and voice recognition to provide an exceptional customer experience.

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The five key levers for radical transformation in financial services for digital success

Insights on Business

Instead, banks need to adopt a flexible, platform model where banks provide an “open banking” approach that aligns with a customer’s journey rather than just at a moment in time. Banks are achieving this operational efficiency through shared services, and operations and technology centralization. End-to-end enterprise digitization.

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The secure digital platform for financial services innovation

Insights on Business

That said, there are two points where they seem to agree: 72 percent expect more emphasis on customer experiences than on products over the next few years. They believe macro-economic factors, technological advances and market pressures will be the three biggest external influences over the next few years.