Remove Examples Remove Marketing Remove Millennials Remove User Experience
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Are There Digital Strategy Lessons Financial Institutions Can Learn From Other Industries?

Perficient

That said, many lessons can be learned by looking across various industries for best practices around understanding the customer journey, engaging brand experiences, and Millennial and Gen Z customer acquisition and servicing. The approach we took, and you’ll see in the presentation, are real-world examples of digital trends.

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Watson Marketing Delivers a Competitive Edge that Financial Institutions can Bank On

Insights on Business

; increasingly sophisticated security threats; and, most recently, shifting customer expectations driven in large part by millennials. Millennials are a fastidious breed. More than ever – millennials seek customized experiences without a corresponding increase in prices. They are tech savvy, mobile and social.

Marketing 156
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The Pandemic’s Push For The FI/FinTech ‘Win-Win’

PYMNTS

That number climbs to 38 percent among baby boomers, 74 percent for Generation Xers and 85 percent for millennials and Generation Z consumers. Kikkeri said that’s why FIs must consider how to leverage their FinTech partnerships and push to market the digital services that customers have become habituated to in the past six months.

Fintech 224
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Commander In Chief: Rob Balahura And Vouchr Are Making Money Transfer Social

PYMNTS

In addition to explaining how adding a social layer to money transfer platforms can enable consumers to have fun with their funds, he also stressed that there are billion-dollar markets open to firms that are willing and able to master the new tools available to spur user engagement with money transfer. The first is personalization.

Mobile 100
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In Financial Services Innovation, Disruption Isn’t Everything

PYMNTS

His assertion is that GPS was not an innovation until it hit the market as a navigation system and was successfully monetized by Garmin. Thus, when companies come to market with new ideas, it is essential they come with a strategy to commercialize their efforts, too, Wain explained — a “commercialization agenda,” if you will.

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Payments 2016: The Year Mobile, Biometrics And Trust Converged

PYMNTS

With this in mind, financial institutions have invested heavily in biometric authentication user experiences. Taking into account that the number of mobile banking users globally is forecast to double to 1.8 and also meet the growing ID verification requirements under ant-money laundering (AML) regulations.

Mobile 109
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Digital Gifts In A Digital Envelope: More Than Just A Money Move

PYMNTS

But as with any financial transfer product, it’s not enough to provide a unique or seamless user experience. There are so many ways to send the same thing: gift cards, cryptocurrencies and Apple’s new P2P payments, just to name a few very disparate examples. But while millennials do use Vouchr, they’re far from alone.

Cards 121