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Bank reincarnation: the best way to become a digital bank

Chris Skinner

Like a Phoenix from the ashes, a bank needs to die and reincarnate itself to survive this digital revolution. This theme … The post Bank reincarnation: the best way to become a digital bank appeared first on Chris Skinner's blog.

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By the Numbers: Commercial customers’ interest in digital banking grows

BankInovation

Commercial customers are moving their businesses online, with 32% of 127 banking executives surveyed saying their clients now primarily interact via mobile and 29% interact by desktop, according to a recent report by Phoenix-based […].

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The Finanser?s Week: 11th June 2018 ? 17th June 2018

Chris Skinner

The main blog headlines are … Bank reincarnation: the best way to become a digital bank There was an interesting discussion at #Money2020 about Business Reincarnation. Like a Phoenix from the … The post The Finanser’s Week: 11th June 2018 – 17th June 2018 appeared first on Chris Skinner's blog.

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Seattle Bank explores BaaS, embedded finance

BankInovation

Seattle Bank is preparing to enter the banking as a service and embedded finance markets as part of its digital banking and post-core conversion strategy. The $752 million bank is exploring microservices, moving to the cloud and establishing vendor relationships with API-first, open-banking capabilities.

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Today In Digital-First Banking: German Neobank N26 Eyes IPO With New CFO; Goalsetter Lands $3.9 Million Seed Investment  

PYMNTS

million in a Astia-led seed round, with further participation from Chris Pau of the Phoenix Suns, Kevin Durant of the Brooklyn Nets and others. Goalsetter Raises $3.9 Million In Seed Round Led By Astia, NBA Stars. Goalsetter, the financial technology upstart, has landed $3.9

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Community Banks Accelerate FinTech Integrations

PYMNTS

The Peoples Community Bank is broadening its existing relationship with banking technology provider Finastra , the firms revealed this week in a press release , with the financial institution (FI) looking to accelerate its own innovation and product rollouts.

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Planning Our COVID-19 Response is Also Planning for the New Normal

Gonzobanker

Here are examples of where normal will be redefined: Digital Banking. Most of the customer correspondence we’re seeing from financial institutions emphasizes that although branches are partially or completely closed, customers can do most of what they need digitally or via drive-up ATMs or tellers. That won’t happen this time.