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Banking on a Winner: Fostering innovation to compete in today’s financial environment

ZootBlog

To do this they must invest in knowledge and skill development. Keeping a bank in top shape means fostering innovation. Not only are these banks expanding their base services but they are pulling in an innovative trainer versed in the latest technology advancements. Alternative Lenders. Is this really necessary?

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Recap of Money 20/20 USA 2023 and 10 Banking Thoughts

South State Correspondent

Identity management, ID proofing, preventing account takeovers, limiting card-not-present risk, the rise of social engineering on remote workers, and more cyber-crime-as-a-service offerings had most of the buzz. However, of course, it was generative AI that remained at the peak of the hype cycle. Maybe a topic for next year?

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Wake up: Your bank is not efficient

Gonzobanker

Most banks have horrible business, mortgage servicing and wealth management self-service capabilities, and the amount of online lending and deposit account opening is sad compared to more innovative players like USAA and Capital One 360. We are entering an era where revenue growth will be more difficult as loan growth slows.

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Globetrotting With The CFO

PYMNTS

CFOs here have some of the most “aggressive” approaches to corporate spend and investment, and while regulatory pressures are complex, businesses in this nation report a strong commitment to innovation and growth, researchers wrote. North America. There are some disconnects in the region, however.

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AI and generative AI use cases in banking: 6 real-world examples

Abrigo

Seeing generative AI use cases can help bankers, risk managers, and financial crime professionals better understand it. They can more easily consider how to harness genAI's power to enhance their operations, compliance, risk management, and member or customer experience.

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