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PayNet, Numerated Pair Up For Business Lending Risk Analytics

PYMNTS

Financial technology (FinTech) company Numerated , which links financial institutions (FIs) with digital business lending and sales solutions, has announced a partnership with PayNet to integrate risk analytics into its offering. In a press release issued on Tuesday (Jan. In a press release issued on Tuesday (Jan.

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Why Community Banks Can’t Afford To ‘Wait and See’ About Faster Payment Innovations

PYMNTS

Are community banks missing the chance to climb aboard the faster payments train? However, if recent developments in the financial services industry are any indication, innovation waits for no institution, company, agency or, for that matter, Fed report. faster payments system. faster payment system.

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5 ways AI can improve customer service

Independent Banker

AI can help solve customer pain points—but does it mean community banks will lose the personal touch they pride themselves on? As community bankers themselves tell us, the answer is no. The estimated amount of money banks will save by using AI applications by 2023. billion-asset Sunwest Bank in Sandy, Utah.

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Fighting Digital with Digital

Independent Banker

Community banks cannot afford to ignore the staggering pace of lending adoption by both individuals and businesses using digital-only platforms from various nonbank technology-based specialty lending firms. a community bank operating and software services firm in Wilmington, N.C. By Jonathan Rowe.

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Game On

Independent Banker

Likewise, LinkedIn, with more than 400 million users of its online professional networking site, has transformed the chore of building career success into something that is pleasant, if not entertaining, to do. A study titled “Innovation in Retail Banking” by Infosys Ltd., Fitbit Inc., Why gamify?

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Getting Mobile Ready

Independent Banker

Big-brand megabanks, the Visa and MasterCard networks, and big-box merchants had signed up to become partners with Apple’s universal retail smartphone app that uses Near Field Communication and tokenization technologies. So where do ballyhooed mobile banking and payments developments among the biggest players leave community banks?

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The 2023 GonzoBanker Awards

Gonzobanker

The specifics are unclear, but bankers recognized that this will be an absolute game-changing technology in future years, and delivery will change in ways we can’t even conjure yet. which provides digital banking videos and user guides to help FIs increase their customers/members’ digital adoption. He passed away in January 2023.

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