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Increasing Digital Banking Options Put Pressure On Big Lenders To Adapt

PYMNTS

At a time of increased consumer use and acceptance of the new COVID-era digital lifestyle, the pressure is mounting on large, legacy lenders to accelerate their innovations – or become obsolete. In remarks made at the annual Sibos global financial services conference on Monday (Oct.

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

South State Correspondent

Money 20/20 (M2020) is the only conference in the industry where it is both possible and expected to pull off two breakfasts, two lunches, three cocktail parties, and two dinners PER DAY. If this conference is any indication of the economy, businesses are spending, and the economy remains strong.

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How Financial Institutions Focus on Customers Is Key

Abrigo

The community bank model is built around customer service, but for many bank and credit union customers, the definition of “good service” has been changing over the last couple of decades. customers than traditional retail banks earned in the firm’s study of retail banking satisfaction.

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Community banks stand to gain from blockchain — if they work together

Payments Source

Collaboration will help make up for cost concerns from adopting the technology and ensure that the core vendors get the message of community banks’ interest.

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From Cash Registers To Curbside, Innovation Continues To Drive NCR’s Digital-First Journey

PYMNTS

And according to Doug Brown, senior vice president and general manager of digital banking at NCR , simplicity and innovation have turned what could have been a disastrous year into a transformational pivot for the better. Bringing The Curbside Model To Banks.

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JPMorgan Results Show Active Mobile Customers Up 12 Pct YoY

PYMNTS

JPMorgan posted second-quarter earnings on Tuesday (July 16) that showed strength in consumer-facing operations and double-digit gains in mobile customers, reflecting continued traction across digital banking efforts. And drilling down to unit contributions, consumer and community banking revenues were up 1 percent to $13.8

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JPMorgan’s Mobile User Growth: 11 Pct. In Q1 2019

PYMNTS

Fresh off headlines tied to JPMorgan CEO Jamie Dimon’s appearance on Capitol Hill and a shareholder letter that pointed toward resilient economic fundamentals in the United States and the promise of digital banking, the bank posted first-quarter results that topped expectations. Provisions for credit losses were flat at $1.3

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