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A disruptive innovation appears

Chris Skinner

I was listening to a financier talking about FinTech the other day, and claiming that they are all sustaining innovations and not disruptive. They were referring to Clayton Christensen’s innovator’s dilemma discussions, where Professor Christensen points to different markets that were destroyed by disruptors.

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Market your community bank with first-party data

Independent Banker

Illustration by The Laundry Room/Stocksy Customer data fuels efficient and effective marketing these days. Andrew Catalano, Austin Williams While most community banks aren’t yet using first-party data for marketing purposes to grow revenue and retain customers, experts say those willing to invest in the effort can reap big rewards. “To

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Payments Innovation: Brand Of Choice Driven By Consumer Experience

PYMNTS

Not innovating is not an option. Perhaps in the early days of digital banking and mobile apps, innovative technology was a “nice to have,” but that is no longer the case. The Bank Innovation Readiness Index , in collaboration with payments solutions provider i2c , provides evidence to back that up.

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Data – The Lifeblood of Intelligence Automation

Perficient

The business can then hook up trusted, secure tools such as Open.ai’s ChatGPT or Google’s Bard (commonly referred to as large language models ) to incorporate automation, messaging, and document creation methods. Get ready for a future where data-driven AI changes industries and makes our daily lives unbelievably interesting.

Data 491
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EDI Challenges Reference Data’s Big Four

Tech and Finance

A relative newcomer to the reference data business, Exchange Data International, is challenging the incumbents for what it terms anti-competitive practices. Burton-Taylor International Consulting, the leading authority on the market data business, estimates the global market for reference data is $2 billion to $3 billion.

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Best Banking Books To Create The Modern Banker

South State Correspondent

These books span a range of banking topics but emphasize second-order thinking, productivity, building client relationships, and innovation. Lafley and Roger Martin : This is one of the world’s best strategy books and serves as a playbook for bankers to follow for not just setting strategy but also winning market share.

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Why Rural Shoppers Need Digital Innovation Too

PYMNTS

Mostly because that is where innovations tend to get their start — ridesharing, delivery on demand, one-day shipping, buy-online pick up in-store, experimental experiential retail locations, pop-up shops and the list goes on (and on). Barbarick also noted the firm’s intention to continue expanding its digital expansion efforts.