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Fintech Unfiltered: Inside HSBC Bank USA’s Lofty Innovation Strategy for 2018 [Podcast]

Bank Innovation

As a part of its retail transformation strategy, HSBC Bank USA spent over $130 million on innovation projects in one year on its U.S. The bank […]. operations.

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What Legacy FIs Miss About The Need For Cloud-Based Infrastructure

PYMNTS

Allowing customers uninterrupted access to their online financial accounts and processing digital payments quickly is critical during this time as brick-and-mortar branches are either closed or on limited hours. Challenger banks are continuing to employ cloud technologies as legacy financial entities take their own steps forward.

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Oregon Community Credit Union launches digital platform

Bank Innovation

Oregon Community Credit Union (OCCU) has launched phase one of its digital platform, a move meant to “set the foundation” for the credit union’s new focus toward automation, Chris Whittaker, vice president of consumer lending, told sister publication Auto Finance News on Monday.

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Chase Digital Unit Tackles Top Mobile & Online Challenges for 2021

The Financial Brand

COVID-19 accelerated demand that was already growing but megabank also saw the need for new digital twist on small business accounts. The post Chase Digital Unit Tackles Top Mobile & Online Challenges for 2021 appeared first on The Financial Brand.

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How A Digital Makeover Could Be Key To CUs’ Member Acquisition Plans

PYMNTS

This often means providing digital solutions and convenient banking options despite smaller technology and innovation budgets, however. Credit unions must discover where and how their members want to transact and then ensure their in-house growth and innovation strategies match up with those preferences.

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Sustaining Digital Banking Channels’ Explosive Growth in 2021

The Financial Brand

The post Sustaining Digital Banking Channels’ Explosive Growth in 2021 appeared first on The Financial Brand. Financial institutions that want to stay in the game need to offer solid basic services before they get fancy.

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Deep Dive: How CUs Are Rethinking Their Credit Solutions During The Pandemic

PYMNTS

percent planned to unveil mobile wallet-enabled cards. Many CUs’ credit innovation plans ground to a halt when the health crisis began, however. Credit unions must firmly understand their members’ needs during the pandemic to create innovative credit products. The report also revealed that 66.7 More than 40 million U.S.

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