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Increasing Digital Banking Options Put Pressure On Big Lenders To Adapt

PYMNTS

We’re a mobile app, and that’s how we deliver our services.”. According to an August study of digital banking by PYMNTS, banks are closing physical branches, reducing hours of operation and encouraging customers to use their websites or mobile apps to conduct transactions and reduce face-to-face interactions between customers and staff.

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Reimagining The Bank As A Technology Company

PYMNTS

Intimidated by the scale and cost of a massive technological overhaul, large financial institutions (FIs) may approach their digital transformation (DX) journeys gradually, targeting various areas of operations to modernize one-by-one. “Banks are technology companies,” Rio Tinto recently told PYMNTS. Preparing For The Future.

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Helping Small FIs Make Banking Services As Seamless As Taking An Uber

PYMNTS

As Davis noted, larger banks, including regional players, tend to have their own technology platforms — and direct integrations into their own networks — to enable mobile and contactless payments. To modernize payments and the user experience, Davis said it is critical to consolidate processes and data aggregation.

Community 247
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Americas FSI Digital Commentary: 3 Ways to Accelerate Digital Strategy in 2023

Cisco

It’s an excellent way to solidify the optimal operating model mix for hybrid work, digital first engagement, operational excellence and process automation, sustainability, and cybersecurity. To stay competitive, financial institutions are increasingly adopting cloud, mobility and the latest technologies.

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How 5G Will Change Healthcare And Medical Payments

PYMNTS

As the world — and the world of payment and commerce — ready themselves for the deployment of 5G mobile technology, the healthcare industry is anticipating the likely changes, some of which will involve wearables and billing. Nonetheless, it’s a clear statement that when friction is removed from the user experience, people respond.”.

Payments 158
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Even with Fair’s Job Cuts, Car-Sharing Keeps Racing Forward

PYMNTS

The moves comes amid other big changes in automotive — and the growth of the so-called sharing economy, which promises to further shift notions of ownership in this digital and mobile age. In April, Getaround announced its acquisition of Drivy , a Paris-headquartered car sharing startup that operates in 170 European cities.

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Even With Fair’s Job Cuts, Car-Sharing Keeps Racing Forward

PYMNTS

The moves comes amid other big changes in automotive, and the growth of the so-called sharing economy, which promises to further shift notions of ownership in this digital and mobile age. In April, Getaround announced its acquisition of Drivy , a Paris-headquartered car-sharing startup that operates in 170 European cities.