South State Correspondent
MAY 9, 2022
The most significant problem with bank innovation is that bankers see or hear about a sexy piece of technology at a conference or at another bank and then acquire it. The new piece of technology ends up solving a known problem but, in the process, creates more problems, and risks, than it solves.
Bank Innovation
DECEMBER 13, 2019
New data shows why significant gaps in mobile banking capabilities are complicating these FIs’ struggles to keep up. Underlying macro trends where big banks continue gaining share, data on product and feature-level propositions provides a granular view of […].
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Bank Innovation
DECEMBER 3, 2019
Banking technology company Finastra is enhancing the rollout of its customer data strategy as clients face new competition. As part of this effort, the London-based company hired Lisa Fiondella as its first-ever chief data officer in November.
PYMNTS
APRIL 8, 2019
Its also inviting select developers to make skills for Alexa that meet the government requirement on handling patient data. Prior to that it had 59 percent market share, noted The Wall Street Journal , citing data from Loup Ventures. We’re all still experimenting.” The device thought it was picking up commands.
PYMNTS
JULY 30, 2019
It found nearly 40 percent of them would consider leaving their current CUs because the financial institution provided inconvenient services or was unable to address their problems and data security concerns, among other reasons. . Given the high stakes, it is clear that credit unions must pursue the innovations members value most.
PYMNTS
NOVEMBER 20, 2019
This rampant availability of users’ data makes it easier for bad actors to wreak havoc and commit fraud. I think one of the key learnings is that we actually need to take a step back before leveraging these new technologies,” Llewellyn said. Scotiabank’s Three-Pronged Innovation Strategy.
PYMNTS
JULY 31, 2019
However, financial institutions (FIs) are getting better at separating vital areas of innovation from the hype. Banks are increasingly focusing on the fundamentals when determining their innovation agendas. Payment technology is in many ways the flagship among the fleet of innovations that banks are pursuing.
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