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Deep Dive: How Banks Use Digital Technologies To Outlast The Coronavirus

PYMNTS

Banks are altering their customer interaction approaches to take precautions against further spreading COVID-19 while maintaining sound customer service practices. Exploring why banks need to implement these tools is critical as these technologies could them keep their customers satisfied and able to financially weather the pandemic.

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The Pandemic’s Push For The FI/FinTech ‘Win-Win’

PYMNTS

Kikkeri said this is the highest penetration that mobile banking has ever seen among consumers. And for financial institutions (FIs), that translates into an incredible opportunity to build better digital banking journeys for their customers. But an opportunity is only as good as the bank’s ability to pursue it.

Fintech 224
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Now is a prime time for digital account opening

Independent Banker

When they can’t—or simply don’t want to—come to a branch, being able to open an account digitally is important, and increasingly in demand. customers expect to increase their use of digital banking channels once the COVID-19 crisis passes. The Bank of Idaho integrated online account openings into its website in 2015.

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2020 GonzoBanker Awards

Gonzobanker

By meeting the deposit and banking needs of customers and members minus branch systems that were shuttered in a two-week period. During a busy year we saw Jill supporting her local community, blogging with Mark Cuban, spinning up new PPP technology and innovating with things like curbside banking. Drum roll please….

Idaho 181
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The 2022 GonzoBanker Awards

Gonzobanker

In the credit union industry, we tip our hat to: Kent Oram, Idaho Central Credit Union – Oram is a dynamic leader who created the famous Green Team and knocked out 15 years of record 20% growth while vaulting Idaho Central to the #1 financial institution in the state, all while caring like crazy for employees and communities.

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Finovate Spring 2018 – Day 2

William Mills

Again another financial wellness platform using machine learning technology. A TON of really old technology is being used in mortgage lending. In fact, Fiserv recently sold ALL of their mortgage technology to a PE firm. Grounding your organization’s digital transformation in people, processes, and technology is critical.

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The 2015 GonzoBanker Awards

Gonzobanker

Wells (WFC), Chase (JPM) and Bank of America (BAC) over the past five years. It’s nice to see somebody passionate about using new payments technology to make banking easier and cheaper for the financially disadvantaged. Jill Castilla, CEO of Citizens Bank of Edmond, Okla. Goes to “Virtual” or “Direct” banks.