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The Current Banking Crisis – 10 Not So Apparent Lessons

South State Correspondent

While we wrote about the root cause of the failure of Silicon Valley Bank (SVB) HERE , the lessons of the current banking crisis go beyond interest rate risk management. 8) Deposit Impact of Social Media: SVB’s customer base and followers were highly active on Twitter and other social media properties.

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10 Data-Driven Ideas To Increase Branch Engagement

South State Correspondent

Despite that increase in profitability, banks need to be mindful of how they manage their branch and customer base to increase profitability further. In terms of setting strategy, banks should find innovative ways to increase these valuable in-person interactions. Many banks succeed with their branch network despite themselves.

Data 195
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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.

Payments 157
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Worried About Digital Fraud Now? Just Wait For The Implants.

PYMNTS

The latest generation of these implants comes with management software for both clinicians and patients, installed on commercial-grade tablets and smartphones,” the report said, adding that the “connection between them is based on the standard Bluetooth protocol.”. As a research report released on Monday (Oct. Memory Technology.

Fraud 176
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Digital transformation: How a three-phase process can fund itself

Insights on Business

Innovation that drives revenue growth and competitive advantage costs money— a lot of money—and moreover, the big reinvention projects have no precedent, so making the business case for them can be a shot in the dark, at best. It involves cutting costs with a purpose, strategically driving innovation and thus competitive capabilities.

Data 119
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Red Envelopes, Fortnite And The Rise Of Micro Money Laundering

PYMNTS

He used Twitter as example, pointing out that even for its founder, it was no doubt difficult in 2006 — when that social media messaging service launched — to anticipate the full global impact it would have on payments, commerce, marketing, politics and even culture. No one should blame the victim for the crime, of course.

Examples 194
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24 Industries & Technologies That Will Shape The Post-Virus World

CB Insights

From healthcare to education to entertainment to manufacturing, technology innovators are stepping forward to help answer that question. 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.

Industry 101