Why Many Bank Innovation Efforts Fizzle (And How to Change That)
Few in banking would deny the importance of innovation. Yet many institutions fail to make changes that produce results. Here's why.
Articles by Craig Guillot
Regulators’ Revenge: Fintechs’ Success Spurs Calls for More Oversight
As fintechs and big techs encroach deeper into banking, legislators and analysts are raising calls for increased regulation.
Community Institutions’ Golden Opportunity to Grow Small Business Loans
The PPP program not only created a halo effect, but opened the door for ongoing loan growth. Tech upgrades will be essential.
Will Facebook’s Relaunched Digital Wallet Alter the Future of Payments?
After making some key adjustments, the tech giant is ready to launch its blockchain-based Novi wallet, targeting the underbanked market.
New Borrowing Options Raise Stakes for Consumer Credit Exponentially
Financial institutions seeking to capitalize on a borrowing surge face headwinds from fresh rewards offers and novel installment plans.
Banking and Payments CX Jeopardized By Surge In Digital Fraud
Anemic lending and vaccination questions aren't the only things nagging banking leaders. A 'pandemic' of fraud must also be dealt with.
The Rising Toll of Phishing Undermines Trust in Banking
The downside of the surge in digital banking is a barrage of increasingly hard-to-detect email scams using trusted bank brands as a disguise.
Interactive Teller Machines Crucial in the Digital Banking Age
Banks and credit unions are taking a closer look at ITMs not only for drive-through use, but as a low-cost way to expand their footprint.
How ‘Single-Platform’ Tech Solutions Are Shaping the Future of Banking
As the pressure to innovate mounts, banks and credit unions need technology that enables them to respond quickly and efficiently.
Customer Experience Trends in Financial Services
Banks and credit unions see digital's impact, yet half say CX budgets will remain the same in the year ahead, making it tough to keep up.
The Pandemic Has Changed How Everyone Banks (And Here’s How)
While consumers are flocking to digital banking at a record pace, their banking preferences and behaviors still vary by generation.
The Banking Model of the Future: ‘Neo+Traditional’ Hybrids
The drumbeat of doom for smaller financial institutions has been slowed by the actions of a small but growing group of tech-savvy innovators.
Is the Banking Industry Facing an Apocalyptic Future?
Incumbents' advantages won't forestall an onslaught of new digital competitors for long without a complete reimagining of existing practices.
Will Banking Executives Ever Return to the Office?
Temporary steps could become a permanent transition to a flexible work setup, and impact financial institutions' competitive position.
5 Reasons to Think Twice Before Closing Branches
Shuttering financial institution branches may please CFOs but banking concerns much more than cost control. A PR misstep may cost plenty.
Are Banks & Credit Unions Losing Out on Savings Apps?
Consumers now funnel billions into automatic saving apps. They love the 'found money' experience. So far, mostly fintechs have taken the lead.
Why Banks Should Care About Mobile Wallets (Even If Consumers Don’t)
Underneath the hype are mediocre adoption numbers. But before dismissing mobile wallets, note that some data and other factors point upward.
