Remove Digital Banking Remove How To Remove Operations Remove User Experience
article thumbnail

The growing interest in digital banks

Insights on Business

As a result, many new, all-digital financial services firms, unencumbered by older, less flexible systems are aggressively pursuing customers by addressing their needs in new and distinct ways. There are interesting characteristics both in the new entrants and in the more established digital banks.

article thumbnail

How To Ensure Community Banks Aren’t Left Behind In The Digitization Revolution

PYMNTS

For banks of any size, the message is clear: Digitize or risk losing customers — or even risk failure. But for financial institutions (FIs), some of which have been around for decades, understanding how to take the first steps in the digitization process can be an overwhelming task. The Right Foot.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Hollywood’s Newest Special Effect, Digital Banking?

PYMNTS

Branding the Nadia avatar as a “trainee” helps the agency convey to users that the program is still learning how to interact in an emotionally intelligent manner. For example, Cross said he sees the potential for avatars to address questions from patients about how and when to take prescription medications and treat surgical wounds.

article thumbnail

How To Better Served The Unbanked In Nigeria

PYMNTS

The interview happened during a time of expansion and aggressive future planning for the company, a small business and consumer micro-lending technology company that operates in Nigeria. There is no Pan-African digital bank,” Hainy said. “So That’s not all. So that’s our starting point.”.

How To 130
article thumbnail

Reimagining The Bank As A Technology Company

PYMNTS

Intimidated by the scale and cost of a massive technological overhaul, large financial institutions (FIs) may approach their digital transformation (DX) journeys gradually, targeting various areas of operations to modernize one-by-one. “Banks are technology companies,” Rio Tinto recently told PYMNTS.

article thumbnail

Key takeaways from ThinkBIG 2024: Insights for banks and credit unions

Abrigo

watch now Takeaway 1 Banking professionals face challenges posed by interest rate changes. The ThinkBIG panel gave several perspectives on how to approach credit quality and deposit stability. We are looking at everything from online account opening to our banking platform's user experience.

article thumbnail

The New Financial Paradigm

Cisco

In our event Oportunidades Emergentes: El nuevo paradigma financiero , we analyzed the great opportunities that arise for Latin America, as well as real experiences in terms of the growth of digital bank use and access to financial services by a greater number of clients.