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A Bank Automation Summit Preview: Key 2023 Banking Automation Trends

Perficient

The Summit brings together experts in the field, including bank executives, technology vendors, and consultants, to discuss the latest advancements in automation and its impact on the banking industry. One of the key topics I expect to be discussed at the Summit is the heightened use of artificial intelligence (AI).

Trends 474
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Market your community bank with first-party data

Independent Banker

First-party data for targeted marketing campaigns Community banks can use their first-party data to upsell and cross-sell to existing customers with highly relevant messages. Or, they may lack a marketing automation system, which can help banks manage their emails and send automated messages based on how recipients engage with content.

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How Can Regional Insurance Carriers Harness the Power of AI?

Perficient

Pricing Optimization AI algorithms can analyze vast amounts of data, including market trends, competitor pricing, and customer behavior, to optimize pricing strategies. Regional insurance carriers can leverage AI to dynamically adjust premiums based on risk factors and market conditions.

Regional 221
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How The API Revolution Fuels Corporates’ SaaS Fatigue

PYMNTS

The company dubbed this trend “SaaS Chaos,” but FinTech innovation slows down for no one. Indeed, Diaz agreed that APIs have certainly helped to fuel innovation in this space, though he noted SMBs have to be strategic about their strategy for SaaS implementation. This includes addressing SaaS in a step-by-step manner.

Tools 135
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Charity Crowdfunding Startup Classy Raises $30M

PYMNTS

The company also has plans to invest in both artificial intelligence and marketing automation systems to help optimize nonprofit and charity crowdfunding campaigns. “We Classy CEO and cofounder Scot Chisholm told TechCrunch the company will use the new funding to increase hiring, development and global expansion.

San Diego 100
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Surviving The Retail Apocalypse: The Technologies And Trends That Can Help Brick-And-Mortar Thrive Again

CB Insights

In fact, a whole host of traditional retailers are bucking this trend — many planning to open hundreds of stores in 2018. We look into how stores are being transformed into showrooms, community gathering spots, and even event spaces as retailers leverage the physical store as tool for brand marketing. We happen to be in both.”

Retail 59
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Where Major Corporations Like Salesforce And NVIDIA Are Investing In Artificial Intelligence

CB Insights

The trend is poised to reach an all-time high in 2017: in the first half of this year, the venture capital arms of corporations participated in $1.8B In every year since 2012, corporate VCs have engaged in escalating levels of investment activity to artificial intelligence startups.