COVID has squeezed traditional revenues and accelerated digital pay choices, forcing incumbents to modernize to stay competitive.
Banks and credit unions must rethink the definition of ‘digital banking’ and prioritize investment in data, technology, people and processes.
Tencent-backed WeBank is a great example of how digital technology and data can provide the foundation to serve underserved markets.
WeBank was the first digital-only bank to hit the Chinese banking industry, and it was founded as a way to provide banking solutions to underserved customers and SMBs, says executive vice president and CIO Henry Ma.
Hear is innovation wisdom from nine top-of-the-line experts interviewed on the Banking Transformed podcast.
Brian Brooks, Acting Comptroller of the Currency wants to expand the definition of banking as a way to better manage risk.
The pandemic increased the importance of digital transformation. Financial institutions must move forward aggressively to succeed.
Creating an innovation culture using data, advanced analytics and techwill position organizations for successful digital transformation.
Mid-size banks and credit unions must shed the legacy technology that holds them back and adopt data-led platforms and automated processes.
Rising use of mobile and online channels for everything makes it critical financial institutions take the lead on digital identity technology.
New life for the specialized charter plus a payments version rank high for Acting Comptroller Brian Brooks, former fintech and bank exec.
Advanced technologies deployed by financial institutions post-COVID — like AI and the Internet of Things — will determine tomorrow's winners.
Banks and credit unions increasingly must leverage data, innovation and a platform business model to deliver digital banking solutions.
Two traditional banks kiss antiquated technology goodbye and stake their future on the public cloud to cut cost and speed up time-to-market.
Financial institutions must use new technologies like AI and APIs, not in the old methodical way, but like a fintech, constantly fine tuning.
Bankers, consultants and researchers identify the most significant retail banking trends in technology, talent, purpose and collaboration.
Lack of discipline is what leaders must overcome with digital transformation. Only then can they begin the journey to digital reinvention.
Both banks and credit unions are lagging with key technologies like artificial intelligence, prompting their fintech reassessment.
People are much more open-minded about using fintechs than you might think, especially for payments, and they predict far fewer branches.
Facebook Pay's debut keeps momentum going for social media firm's payment ambitions even as its Libra cryptocurrency hits major speed bumps.
6 ways banks and credit unions must double-down on fintech relationships to achieve the revenue and profit potential of digital innovations.
The most significant tech advances for financial institutions will use 5G speed, integrate humans and digital and prepare for cyberthreats