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How Friendly Friction Builds Better Banking Experiences

PYMNTS

And by all accounts, this digital migration is driven by consumer preference — according to the same study, 91 percent of mobile banking users prefer accessing their app over going to a physical branch, and 68 percent of mobile banking millennials believe their smartphones will eventually replace their physical wallet.

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Tech Center: Microsoft In Montreal, Puerto Rico’s Entrepreneurism

PYMNTS

Though the Commonwealth of Puerto Rico remains in a fiscal crisis — burdened with more than $70 billion of debt and a cut to corporate tax breaks — Puerto Rican officials are looking to technology and entrepreneurship as part of a new economic development plan, TechCrunch reported. Indianapolis Sheds Manufacturing Reputation.

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MBA Tech 2017: Blockchain, APIs and Robots, Oh My!

William Mills

This year’s National Technology in Mortgage Banking Conference & Expo took place March 26-29 at the Hyatt Regency in Chicago. There was a good deal of buzz around blockchain technology and tech showcases of the industry’s latest technology entrants, and the overall vibe of the show was a positive one.

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Payments 2016: The Year Mobile, Biometrics And Trust Converged

PYMNTS

As a result, authentication and identity verification practices that rely on data only, such as passwords and knowledge-based authentication questions, have been scrutinized and are largely seen as no longer sufficient. and also meet the growing ID verification requirements under ant-money laundering (AML) regulations.

Mobile 109
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Banking on a Winner: Fostering innovation to compete in today’s financial environment

ZootBlog

Banks need to decide if they can be nimble enough to compete on their own or if they should develop technology partnerships. There are now more than 8,000 financial technology companies in the United States with the potential to shake up traditional financial institutions. Fintech Houses. Alternative Lenders.

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Fintech'ers Will Be Right on Branching. Unless Bankers Act.

Jeff For Banks

The red: millennials. And banking associations offer a host of certificates for increasing the knowledge base and skill sets of branch employees to meet the emerging needs of customers in a new-branch environment. But, as our current strategy execution stands, there is much work to be done. The green bar was all respondents.

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FinovateSpring 2016 Live Blog – Day 2

William Mills

Demo: Sezzle app with knowledge based authentication to link bank accounts. Helping banks with customer retention by transforming data into knowledge about their customer’s engagement and key events on their journey. From Website: brandCrowder is a mobile, web-based “equity” crowdfunding platform. Plus the 1% rewards. ^KT.

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