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What’s your Bank’s Technology and Innovation Budget?

Bank Innovation

Innovation is expensive. And for banks, making sure regulatory and security compliance is met on each technology undertaking only makes those costs larger. But innovation is a must for banks, who are not only competing with fintechs like neobanks, PFMs, and payment companies, but also with the likes of Amazon, Google, and even Walmart.

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What’s your Bank’s Technology and Innovation Budget?

Bank Innovation

Innovation is expensive. And for banks, making sure regulatory and security compliance is met on each technology undertaking only makes those costs larger. But innovation is a must for banks, who are not only competing with fintechs like neobanks, PFMs, and payment companies, but also with the likes of Amazon, Google, and even Walmart.

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Revolut automates compliance workflows to fuel expansion

Bank Innovation

It operates in Europe and Australia, and last fall launched publicly in Singapore and in beta for U.S. based digital banking startup Revolut is expanding at a rapid clip. The company boasts more than 8 million customers across multiple continents.

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New Tech Combines To Make Grocery Shopping More Innovative

PYMNTS

The grocery battles are heating up in retail, and that is sparking innovation and could lead to even more disruption. Some of that was on display at the NRF retail show in New York City earlier this week. 14), is not the only place where grocery store innovation is coming from. Walmart’s Big Move. Consumer Needs.

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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. Tackling those tougher problems to simplify things — and that’s true in banking, retail and restaurants.”.

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Ten qualities of a successful BSA officer

Abrigo

AML Compliance Ten qualities of a successful BSA officer Hiring a Bank Secrecy Act (BSA) Officer for a financial institution involves looking for a unique experience level and skillset that ensures compliance with the BSA and related regulations. This includes training staff on BSA/AML policies and fostering a culture of compliance.

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Why Smartphones Are The Biggest Payments Innovator

PYMNTS

Innovation is happening at the speed of payments — which, as it turns out, can be pretty fast these days. OA: As president of Western Union Global Money Transfer, I oversee our global person-to-person money transfer via our combined digital and retail walk-in agent network that connects more than 200 countries and territories.