article thumbnail

A Masterclass in Bank Total Experience In One Graphic

South State Correspondent

Banks that focus on the customer experience have come to learn that it is not the forward-facing customer experience that matters, but the “total experience” that now counts. Total experience is the business strategy for creating superior customer AND employee experience. Build from there.

article thumbnail

Visa Taps Chris Newkirk To Serve As Chief Strategy Officer

PYMNTS

To lead strategic planning for the firm overall and in conjunction with its regional teams, Chris Newkirk is coming to Visa Inc. as its new chief strategy officer. The executive headed up a diverse tram of associates throughout six businesses, and he served on the Capital One Executive Committee as of 2016.

Strategy 131
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

The Four Pillars of Smarter Bank Leadership

Gonzobanker

In the throes of managing balance sheets and loan portfolios and at the same time executing daily “run the bank” operations, bankers are faced with the need to continuously develop new customer experiences and scale enterprise capabilities. And, quite frankly, they’re struggling.

article thumbnail

Thinking Forward: Financial Services and the AI Revolution

Insights on Business

Both fintech firms and traditional enterprises are on the brink of significant disruption as companies leverage the rapid insights generated by AI in banking to drive demonstrable outcomes in customer experience, risk management and cost efficiency. What does this look like in practice?

article thumbnail

Merchants, PayFacs And Monetizing Payments Flows

PYMNTS

For the PayFac, too, the benefits are significant — historically, they had owned the front end, or sales piece, of the relationship with the merchant, while underwriting, risk management and settlement reporting were all handled by someone else. One of the biggest changes we’ve seen is: Just who is the audience for payments?

Payments 132
article thumbnail

How To Live Forever In The Financial Services Space

PYMNTS

From user interface technology to security and risk management, the only constant in the financial space is that nothing stays the same for long. For example, we were the first in the Middle East region in 2006 to close the loop by sending back a text alert to the remitter that the beneficiary had collected the money.

How To 136
article thumbnail

LendingClub: Loan Applications Grow Double Digits Amid Rising Rates  

PYMNTS

Data-driven efforts aided by technology have been able to match the best cost of capital to the right borrowers, he said, and in the aforementioned 39 percent growth in the custom loan activity, he said that local community and regional banks are looking for higher quality borrowers. “At

Taxes 159