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How Banks Can Stay More Connected Like Amazon

Gonzobanker

Rework management accounting and resource allocations to reflect real production value instead of traditional profits and losses, which often treat marketing, contact centers and information technology as cost centers. Deploy strategic delivery plans—aligning with strategic or tech plans —that may start with a journey-mapping exercise.

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This Week In Payments: MerchantE’s Sandra Blair On Amazon’s Busy Week And The Secret To Salesforce’s Success

PYMNTS

She said the Halo offers consumers a slimmer, sleeker alternative to the Apple Watch, but all of the high-tech functionality around health monitoring (heart rate, exercise level, body-fat levels, etc.). It’s increasingly appearing in the B2B payments space and the world of supply chain management as well.

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Growth Loops – The New Way To Grow Bank Product Sales

South State Correspondent

Here is a fun exercise – Ask a bank product team, “How do you grow customers?” The branch thinks about increasing deposits, and Treasury Management thinks about growing treasury management. When it first came out, many bankers laughed at the social media aspects of Venmo with its use of emojis.

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Digital transformation: How a three-phase process can fund itself

Insights on Business

The creation of internal centers of excellence (COEs) to develop and share expertise in technology have been seen to help efficiently manage this kind of extraordinary change at scale. While this more efficient data management will save money, it’s critical to digital transformation. It’s what really changes the culture of the firm.

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12 Industries That Will Thrive Thanks To Millennials

CB Insights

Social media is also helping campers discover new places to visit, then share their experiences with others: 30% of millennials said that they picked a camping spot after seeing someone else go there. As with many industries in today’s information economy, millennial travel trends are strongly influenced by social media.

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24 Industries & Technologies That Will Shape The Post-Virus World

CB Insights

As more people have worked, learned, banked, exercised, relaxed, and even sought medical care from home during Covid-19, they have gotten a crash course in just how much can be accomplished at home. In the wake of the outbreak, everything from doctors appointments to schooling to workouts went online.

Industry 101