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Digital banking is ready to take off in Latin America

Celent Banking

In a recent Celent survey 100% of the participants recognized that a scenario where all financial products get digitized needs to be addressed sometime in the next 7 years and 59% of them believe it needs to be addressed immediately. Threat of fintechs is also a reality. They launched in March of this year.

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J.P. Morgan Looks Toward Payments Modernization

PYMNTS

Digitization strategies that were set forth well before the pandemic quickly proved instrumental in achieving those goals. Morgan makes strides in its own digital transformation journey, collaboration with FinTechs will be valuable in developing products and services to better address treasurers' shifting needs, too.

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Mastercard’s Master Plan: Give Millennials What They Want

PYMNTS

And why a payment card at all, when banking services are overwhelmingly shifting to digital , and when the digital-first generation is the product’s prime target? Cozzo and Webster discussed how the prepaid element fits into Mastercard’s digital strategy, and how it answers millennials’ top three priorities.

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37 Corporate Innovation Labs In Finance

CB Insights

As fintech plays a larger role in the financial ecosystem, companies are looking for ways to use tech to solve problems and find new opportunities in the space. Deutsche Bank labs connect technology startups with the bank’s internal teams, enabling them to adapt new products and solutions to better serve clients and employees.

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Financial Brand Forum 2019: 5 Wins in 5 Minutes

Gonzobanker

Umpqua Bank ’s Rilla Delorier had to follow that. It was a tall order, but Delorier nailed it with “No more chasing Chase” but leading the “democratization of private banking” with Umpqua’s Go-To approach, replacing digital strategy by “digitizing the bank’s strategy.”

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