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How Banks Have Adapted Their Digital Banking Systems To Serve Customers During The Pandemic

PYMNTS

One bank working to ensure its in-branch systems match its online capabilities is Cleveland, Ohio-based KeyBank , which operates 1,197 branches across the country and handles more than $137 billion in assets. We don’t think about digital just as a client-facing tablet,” Warder explained. “We’re

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KeyBank On Digitizing In-Person Services With Data Analytics

PYMNTS

Temenos is also providing free access to its online sandbox environment so that banks can test new technologies in a controlled space. For more on these and other digital-first banking news items, download this month’s Tracker. Deep Dive: Banks Harness Digital-First Technology To Weather The COVID-19 Storm.

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Bank of America To Update Branches In Response To Customer Behavior

PYMNTS

Bank of America said it’s going to modernize more than 50 percent of its branches to match the changing way people bank, according to a report by Reuters. The modernized branches will have more interactive technology and a layout that will help customers who need longer visits for more complicated issues. “We

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PYMNTS Daily Data Dive: The Underbanked Still A Problem In The US

PYMNTS

Digital banking trends and advancing technology can imply that the unbanked or the underbanked are a diminishing group in U.S. Blankenship thinks that a lack of access to banks and high fees will increase the number of underbanked who are turning to payday lenders instead. households without a bank account as of 2013.

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Pandemic: No Problem. And Messages From Our Financial Services Providers

Jeff For Banks

Highlight charities and wealthier individuals that are supporting the same, such as Kevin Love of the Cleveland Cavaliers donating $100,000 to support arena workers. Our digital banking tools are designed to be easy to use. Our convenient digital tools give you 24/7 access to your accounts. Not hoarding.

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ORACLE: Swinging the Bat in Cloud Services

Celent Banking

" For the largest banks like Capital One that have significant IT development capabilities in-house and with the willingness to experiment with new technologies, AWS makes a lot of sense. Banks can roll their own code, spool up a VM, and off they go. " and have moved onto the more interesting question " How cloud? "

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Fed, Central Banks Frame Criteria For Digital Currency

PYMNTS

The Federal Reserve is collaborating with seven central banks and the Bank for International Settlements (BIS) to hammer out a framework for digital currency. . The Fed also launched an instant payment initiative in August.

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