BK Kalra
Jan 21, 2022

CIOs need to focus on keeping their IT infrastructure running smoothly, making better use of data and analytics, and getting the most from the cloud.

Pinnacle Financial Partners illustrates how banks are using remote deposit capture, which enables customers to take photos of checks on their smart phones.

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With anytime/anywhere/any device access moving deeper into the banking stack, commercial escrow is also beginning to transform.

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Born between 1980 and 2000, Millennials, at 83 million strong, are now the largest generation in American history.

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Whether you’re 25 or 55, you’ve seen a tremendous amount of change in the past few years in how people interact, communicate, pay for things and in what they do in their free time.

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While the local branch is still important for banks to build relationships, about 74% of customers now access their accounts and make financial decisions online.

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The buying process has changed, and the sales function must follow.

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Since its inception, the BAI Global Banking Innovation Awards has recognized innovation excellence that delivers actionable results in financial institutions across the globe.

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Most bankers tend be risk-averse and so they are slow to change.

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Historically, financial institutions have adopted technology with a best-of-breed approach, utilizing different platforms from different vendors.

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Having a world-class digital banking experience across any device is imperative today, where nine out of ten U.

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Business leaders across the board recognize that gathering positive and negative feedback is the most effective means of molding a service around the real wishes and needs of consumers.

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While digital banking is one of the fastest growing channels for financial services, banking employees are still far and away the preferred interaction point.

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It used to be that bank CEOs wore their lack of technology expertise as a badge of honor: “Hey, I came up through the lofty halls of Credit; I don’t need to know anything about technology.

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Startup financial technology (FinTech) companies may be the best thing to happen to traditional banks in a long time.

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Money originated as a control mechanism for governments of ancient Sumer to control farmers, based upon shared beliefs.

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The financial services industry is evolving at an exponential rate in this age of digital transformation.

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Over the past year, the alternative lending industry has taken several steps forward and, then, a big leap backward.

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It’s an odd paradox: the financial services industry spends millions on title searches and title insurance each year, but has not been quite as diligent in exploring who actually owns the intellectual property behind its mission-critical technology.

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Financial technology (FinTech) start-ups are bringing noticeable competition to the financial industry’s traditional retail and investment banks.

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