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In Financial Services Innovation, Disruption Isn’t Everything

PYMNTS

Innovation is oxygen in payments. For financial services firms, innovation is spurring speed, killing friction and fostering loyalty among customers. That, itself, begs the question: What is innovation, really? explained there is wide variation in the definition of innovation.

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Uncovering The Value Proposition In FinTech Innovation

PYMNTS

Just because businesses are interested and willing to adopt payments innovations doesn’t mean it’s going to happen. is definitely a curiosity,” the executive said of digital payments tools gaining traction within the enterprise. “We They really hadn’t been very innovative around that franchise for a long time.”.

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Innovating in the open: How the changing GRC landscape inspired IBM GRC’s latest releases in 2018

Insights on Business

Defining GRC In our close engagement with clients and industry leaders, the IBM GRC team has seen the continuing evolution of the definition of GRC, which many analysts have noted for some time. Innovating in the open. GRC Coming of Age in 2018. Improve performance using a risk lens to enrich decision-making. Efficiency. Efficiency.

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Commoditization, Optimization or Transformation: What’s in Your Core Wallet?

Gonzobanker

As information technology departments move from being the provider of all technology services to orchestrator of technology innovation, chief information officers are rightfully asking, “How do we reinvent ourselves in this digital age when we’re saddled with legacy tech debt of 30-year-old, difficult-to-integrate, flat-file-based core systems?”.

Strategy 158
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Hackathoning New API Solutions

PYMNTS

PYMNTS recently caught up with Dominic Venturo, executive vice president and chief innovation officer of U.S. Bank , who discussed the bank’s experience with hackathons and what types of innovations these events have produced so far. But it’s definitely a benefit-driver.”. Hacking the Future of APIs. Venturo said U.S.

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SAFE Credit Union Brings Targeted Marketing To An Increasingly On-Demand World

PYMNTS

PYMNTS’ Credit Union Innovation Index found that CU members may not prioritize the latest technologies as much as bank and FinTech customers do, but they still value easy-to-use mobile apps and online capabilities. Meeting customers’ expectations and desires is a key goal for all enterprises, and credit unions (CUs) are no exception.

Marketing 131
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The Invisible Engines Of Banking Innovation

PYMNTS

Consumers take a somewhat binary view of the features and functions that come packaged as innovative: They either believe those innovations can solve problems and, therefore, embrace them or the consumers go somewhere else that offers legacy features and functions. Delving Deeper . The term means something different in Europe, the U.S.