Remove Digital Banking Remove Fintech Remove Security Remove UX
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Why The Bank-FinTech Relationship Is More Complicated Than Conflicted

PYMNTS

The ongoing struggle, supposedly existential in nature, that pits upstart, relatively young FinTech firms against arrogantly complacent banks for supremacy in this new and growing world of digital payments and commerce. Trust in Banks. Or, as a recent CNBC article put it, quoting a source, “a mass extinction event.”.

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Why Legacy Banks Have Mobile App Advantages

PYMNTS

A consumer’s sense of security and trust can be a funny, even unpredictable thing, especially when it comes to payments, banking and commerce. Good UX vs. Security. That said, Oosthuizen noted, those younger developments often tend to focus on “good UX and the consumer experience — in terms of what works.

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Digital Banking Commandment: Respect Your Customers’ Data!

FICO

Following the highly successful The 11 Commandments of Digital Banking eBook , we are kicking off a series of 5 deeper dive blog posts that group the 11 Commandments below into common themes. Digital lift-and-shift is not a strategy! How FICO Can Help You Advance Your Digital Banking. Respect the data.

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Chime, Challenger Banks And The Challenges Of (Lofty) Valuations

PYMNTS

And within FinTech, that most incandescent of sectors, things might look a bit, well, frothy. And CNBC notes that, conversely, the KBW Bank Index is down by roughly a third. Perhaps “overly optimistic” might be the mindset that marks private markets. The question is what investors pay for beyond growth – albeit, impressive growth.

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Chime, Challenger Banks And The Challenges Of (Lofty) Valuations

PYMNTS

And within FinTech, that most incandescent of sectors, things might look a bit, well, frothy. And CNBC notes that, conversely, the KBW Bank Index is down by roughly a third. Perhaps “overly optimistic” might be the mindset that marks private markets. The question is what investors pay for beyond growth – albeit, impressive growth.

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Shoring Up FIs ‘Deteriorating Advantage’ Over Big Tech

PYMNTS

Time may be of the essence in bringing those entrenched services to the digital realm. Trust in Digital Banking. “It’s It’s critical to see trust in digital banking,” he said. The digital players have great UX, which engenders trust in the interaction. Each side needs the others’ assets.

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Who Owns Digital? Ugh, That’s the Problem for Bankers

Gonzobanker

One of the fatal mistakes many institutions make is viewing digital as falling entirely within the domain of I.T. When a bank operates this way, the focus tends to be around operational uptime, security, and incident management while insufficient attention is given to the end-user customer experience. The post Who Owns Digital?