Digital Maturity + COVID-19 Resilience = Strategy

Accenture

The post Digital Maturity + COVID-19 Resilience = Strategy appeared first on Accenture Banking Blog. This series of blogs looks at the future of banking in Growth Markets in a post-COVID-19 world.

Open Banking: Strategy and Presentation

Chris Skinner

Open Banking Strategy and Business Model from Chris Skinner And just in case it doesn’t make sense, here’s a … The post Open Banking: Strategy and Presentation appeared first on Chris Skinner's blog. I haven’t given away my slides and presentation for a while, as it’s part of my unique armoury, but I’m bored with my latest slide deck so here it is. ?

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Fast follower strategies = final failures

Chris Skinner

I was having dinner with a friend the other night, when he asked me: “what do you think about the fast follower strategy?” He then added that the major bank he’s working with are proud that this is their strategy. Now, here’s … The post Fast follower strategies = final failures appeared first on Chris Skinner's blog. I said it was stupid and doesn’t work.

Three strategies to profit from payments disruption

Accenture

The post Three strategies to profit from payments disruption appeared first on Accenture Banking Blog. The world of payments is in turmoil, with no end in sight.

How ZoomInfo Enhances Your Database Management Strategy

Forward-thinking marketing organizations have continuously invested in a database strategy for enabling marketing processes. Download this ebook to learn how to maintain a strategy that includes refreshed information, database cleanses, and an accurate analysis at the same time.

Creating an omnichannel marketing strategy for banking

Mobile Payments Today

Omnichannel marketing is a key factor in reaching and retaining customers today. Whatever channel a customer may be using, there is one thing they expect: a personalized experience. Mark Aldred, head of international sales for Auriga shares his insight on this topic

Wells Fargo taps Williams to drive digital strategy forward

Mobile Payments Today

Wells Fargo is looking to focus its digital banking strategy as it emerges from the COVID-19 lockdown and completes an organizational restructuring

2020 Guide: Building a high-performance mobile money business strategy

Mobile Payments Today

For aspiring mobile money businesses, the potential rewards are great, but building a robust and flexible growth strategy (and curating the right technology to power that strategy) remains a challenge. Learn how to reduce risk and drive adoption with one of the industry’s leading mobile transaction innovators

Smarter strategies for harnessing digital in post-COVID e-commerce

Mobile Payments Today

Now that COVID-19 has shifted many businesses online, retailers are concerned about more competition, a seamless connection across channels and savvy multigenerational consumers.

Facing pressure, HSBC rethinks US strategy

Bank Innovation

Carousel Innovation Strategy Payments Retail Banking digital banking HSBCHSBC, a global bank with $2.7 trillion in assets, is blazing a new path for its U.S. business as it cuts $4.5 billion in costs and reallocates capital away from underperforming units. The top-10 global bank reported Tuesday that in 2019, net profit fell 53% to $6 billion, while pre-tax profits fell 33% to $13.3 […].

What We Learned From Our Own Data-Driven ABM Strategy

ZoomInfo has created the following eBook to help other B2B organizations gain insights on how to launch their own data-driven ABM strategy. In this eBook, we will reveal the good and the bad from our own campaign and highlight some key takeaways on how to improve your ABM strategies moving forward.

PayPal highlights Venmo profit strategy

Bank Innovation

In a fourth-quarter earnings report Wednesday, PayPal CEO Dan Shulman told investors the company is pushing ahead on its Venmo monetization strategy. PayPal reports that peer-to-peer payments tool Venmo is on a path to profitability. Key enablers include Pay with Venmo, which allows consumers to use the tool to pay at millions of e-commerce sites. […]. Carousel Payments Product Design Retail Banking Sales & Marketing P2P payments PayPal Venmo

How The Pandemic Underscores The Digital-First Startup Strategy

PYMNTS

Regardless of which strategy an organization took, nearly every firm experienced disruption of some kind. One of those is to support a remote workforce, and while Lee said Proper had plans to embrace the work-from-home strategy, the pandemic reinforced that plan. “We

Considerations for an effective cloud strategy

Accenture

The post Considerations for an effective cloud strategy appeared first on Accenture Banking Blog. Today, virtually every organisation is on a journey to cloud. But what’s the best way to map out and navigate that journey?

Digital and human: Inside BofA’s small business strategy

Bank Innovation

It’s a strategy that’s yielding results for the bank. Carousel Corporate Banking Innovation Strategy Lending Bank of America BofA small business bankingDigital-only lenders tout the speed and efficiency of their user experiences. However, for Bank of America, a “human-digital” approach is the cornerstone of its small business banking approach. As of this year, Bank of America said it surpassed Wells Fargo as the nation’s top small business […].

2020 Database Strategies and Contact Acquisition Survey Report

As buyer expectations continue to heighten, marketing and sales teams are feeling pressured to deliver authentic messaging to buyers at every point of their customer journey. This report aims to highlight the current state of B2B database and contact acquisition strategies, and organizations’ goals to leverage data to fuel their go-to-market strategies in 2020 and beyond.

Afterpay taps Marqeta to fuel US growth strategy

Bank Innovation

Carousel Innovation Strategy Payments Premium Afterpay Marqeta payments VisaMarqeta, a card issuing and processing startup, is partnering with installment lender Afterpay to provide payments solutions for merchants in North America. Australia-based Afterpay operates in several countries, including the U.S., and allows merchants to give shoppers a digital layaway option through installment payments. Shoppers only pay a fee if they do not pay off […].

The Diamond Industry Polishes Its B2B eCommerce Strategy

PYMNTS

Unsurprisingly, this strategy also means paper checks remain common, which Bhansali described as a payment method that is neither healthy nor sustainable for the sector. Like so many industries today, the diamond sector continues to struggle with supply chain digitization.

M&A Emerges As Key Strategy To Drive SMB Finserv Collaboration

PYMNTS

Also turning to the M&A strategy to drive bank-FinTech collaboration is Unifiedpost , which announced recently a series of takeovers.

Hong Kong’s FinTech Strategy

Chris Skinner

So I was intrigued to see Hong Kong issue their FinTech strategy today. It will be important for Hong Kong to seek new job and business … The post Hong Kong’s FinTech Strategy appeared first on Chris Skinner's blog. It shows how important FinTech is when major financial centres vie for focus. London has been leading the charge to be the FinTech capital of the world, but many other cities are nipping at their toes.

The Empowered Consumer

When it comes to working with the empowered consumer, AI has the power to help your business thrive by leveraging your own data to better understand your customers. Read our ebook, The Empowered Consumer, to learn more about how AI can help you connect with your customers.

Banks are underusing gamification, Javelin Strategy says

Bank Innovation

As banks seek to build relationships with customers, they’re not fully exploiting the potential of gaming as a strategy for loyalty and retention, suggest analysts at Javelin Strategy & Research. In a study released in December, Javelin argues that gamification is tool to help customers understand the longer-term evolution of their personal finance situations. It’s […].

Black Friday Loses Deep Discount Retail Strategies

PYMNTS

That’s the take from Edited , a retail tracking platform that advises brands on pricing and merchandising strategies.

JPMorgan revamps digital strategy team after three leaders exit

Bank Innovation

is staking its consumer-banking strategy on digital technology. Automation Bloomberg Carousel Innovation Strategy Retail Banking JPMorgan JPMorgan ChaseJPMorgan Chase & Co. In 2020, that push will be spearheaded by a new team of executives. Three of the group’s top leaders — the chief executive officer, the head of digital technology and the chief of digital customer experience — have moved to new roles or […].

A Core Transformation Strategy Session

ABA Community Banking

Five strategies for community and midsize banks weighing “what next?” The post A Core Transformation Strategy Session appeared first on ABA Banking Journal. for their core processing needs.

Democratizing AI for All: Transforming Your Operating Model to Support AI Adoption

Democratization puts AI into the hands of non-data scientists and makes artificial intelligence accessible to every area of an organization. With the emergence of enterprise AI platforms that automate and accelerate the lifecycle of an AI project, businesses can build, deploy, and manage AI applications to transform their products, services, and operations. But in order to reap the rewards that AI offers, it is essential that businesses first address how their organizations are set up, from their people to their processes. Democratizing AI through your organization requires more than just software. It may require changing your operation models and finding the right guidance to realize the full breadth of capabilities.

Shellfish Industry Tries DTC Strategy

PYMNTS

As the U.S. shellfish industry was headed into 2020, the big concern was climate change.

Credit Unions Encouraged To Get Aggressive With Digital Strategies

PYMNTS

The spend is happening now, which is why a strong digital strategy is critical,” Phillips said. “If There are a lot of options for countering that, but they all start with building a strong digital strategy.”.

Afterpay taps Marqeta to fuel US growth strategy

Bank Innovation

Carousel Daily Post 1 Innovation Strategy Payments Premium Afterpay Marqeta payments VisaMarqeta, a card issuing and processing startup, is partnering with installment lender Afterpay to provide payments solutions for merchants in North America. Australia-based Afterpay operates in several countries, including the U.S., and allows merchants to give shoppers a digital layaway option through installment payments. Shoppers only pay a fee if they do not pay off […].

The Gap Sets Out Digital-First Strategy

PYMNTS

According to several sources, the company’s four brands — Gap, Old Navy , Banana Republic and Athleta — have different strategies to achieve the new business focus.

How ZoomInfo Enhances Your ABM Strategy

For marketing teams to develop a successful account-based marketing strategy, they need to ensure good data is housed within its Customer Relationship Management (CRM) software. More specifically, updated data can help organizations outline key accounts for their campaigns. And to begin the targeting process, marketing teams must develop an Ideal Customer Profile (ICP) with appropriate firmographic and behavioral data to ensure they’re going after the correct audience.Download this eBook to learn how to start improving your marketing team's data!

Rethinking The Services Procurement Strategy For Both Buyer And Supplier

PYMNTS

A New Strategy To Sourcing. While the pandemic injected significant disruption in the services sourcing and procurement process, many organizations had historically relied on legacy workflows and strategies to find service providers that may not have always yielded optimal results.

Why voice is integral to TD Ameritrade’s customer strategy

Bank Innovation

Artificial Intelligence Carousel Innovation Strategy Premium Retail Banking Amazon Alexa TD Ameritrade trading voice bankingAs financial services companies consider the next wave of interaction technologies, TD Ameritrade is making the case for voice as a channel. Over the past year, the company has invested in voice-based tools to allow customers to learn more about their portfolios. In July, the company rolled out a series of voice-based digital tools to […].

Marg ERP Eyes Partnerships To Fuel SMB FinServ Strategy

PYMNTS

Marg ERP, an India-based FinTech connecting small businesses to inventory management, accounting and enterprise resource planning (ERP) technology, has announced a partnership initiative to expand its SMB financial services footprint. Reports in the Financial Express said on Monday (Dec.

SMBs (And Their Lenders) Rethink Their Financing Strategy

PYMNTS

There's no doubt that the small business community is facing a period of immense tribulation.

Marketing-Led Post-COVID-19 Growth Strategies

Businesses are laying off workers, shutting their doors (some permanently), and struggling to react to the radical destruction that coronavirus (COVID-19) is doing to our society and communities. Most have already sustained massive damage, and we still have yet to see the scope of impact of the global pandemic that has upended the globe. Any return to normalcy may seem far-off, but sales and marketing are on the front lines of restarting the economy. When the dust settles, we have a responsibility to turn our shock and grief into fierce determination, and lead the charge of responsible, strategic, sustainable future growth. However, there’s no team better suited to lead that charge than the marketing department. Marketers are uniquely positioned to provide creative solutions to aid their organization in times of change and chart a course for navigating success.