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

Abrigo

However, some cracks are being seen now, particularly in areas like credit card debt, which may not have been main business lines but still impact us. Chance-Chin elaborated on her bank’s digital strategy, which combines modern technology with close customer relationships. "We

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Some SMBs Close Permanently After Being Told To Shut Down A Second Time

PYMNTS

But the second round of closing could be the death blow of many of the same small operations. The COVID-19 pandemic has been a catalyst for small firm innovation, with 72 percent of SMBs improving or adding digital capabilities since the crisis began. When they close, an entire sector of the economy suffers, he said.

Wichita 146
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Why Commerce Should be the Key to Your Digital Transformation

Perficient

The customer is your business’ number one priority because they are your main source of revenue and drive you to the next step in your success. Customer expectations are frequently changing and more customers are relying on digital processes for their commerce efforts due to their fluidity.

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J.P. Morgan Looks Toward Payments Modernization

PYMNTS

While the trend of corporate treasurers seeking ways to enhance the global visibility of bank accounts and payment flows was clearly there well before the pandemic, said Georgakopoulos, what changed was a sense of urgency from clients to move to a digital environment with a renewed focus on guiding their organizations through the volatility.

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Helping SMBs Profit From A Decidedly Different 2020 Holiday-Shopping Season

PYMNTS

Digital transformation ” has been the buzz phrase for small- to medium-sized businesses ( SMBs ) of all types over the past half-year as they rushed to reorganize their operations end to end amid the pandemic. An Uncertain Holiday Season.

Fraud 236
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Are Digital Auto Sales The Shape Of The Future Or Just A Temporary Detour?

PYMNTS

Jackson said the pandemic accelerated changes that were already starting to appear in the industry, which had been one of the most resistant to digital disruption due to concerns that going online could disrupt profitable showroom operations. A change that would have taken 10 or 15 years can happen in a couple of years.”.

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Moving Beyond The Limits Of ‘Cash And Dash’ ATMs

PYMNTS

But it is important that ATMs are embedded in the digital strategy of the bank, too.”. That multi-faceted strategy, he said, embraces services that are necessary not only for individual consumers, but also for small businesses that operate in cash-intense verticals, he told Webster. The Consumer.

ATM 158