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FinovateSpring 2016 Live Blog – Day 2

William Mills

Demo: “Audit Smarter” – ask clients to download mobile app for security authentication. Can set-up link to bank accounts or drag and drop in statements from bank accounts. ^KT. In 2015, 70% of customers preferred to open bank accounts through mobile channels. Digital customers are more profitable customers.

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Connecting Small Banks To The Mobile Future

PYMNTS

The first is the obvious issue: They lack the massive scale and deep IT pockets of the large banks. Most regional and community banks aren’t in the position to develop cutting-edge mobile banking products in-house. Community banks just aren’t offering that, according to Fossella.

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Ready for a Sneak Peek? How to Best Prepare for FinovateFall

Fintech Labs Insights

Backbase offers 60-second onboarding for financial services companies to accelerate customer acquisition with a simple, fast, and seamless omni-channel onboarding journey. Bankjoy offers developers a banking API for a modern, real-time, holistic interface for credit unions and community banks.

How To 12
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A First Look at What’s Coming to the FinDEVr Stage this October

Fintech Labs Insights

Fueled by a strong, open API strategy, Backbase’s platform gives FI’s the ultimate freedom and flexibility to work with any core and third party vendor, to create a best-of-breed digital banking offering for their clients. Fidor Bank introduced community banking five years ago.