Issues : Technology
Banks are partnering with fintechs to create credit card programs for niche customer segments that translate to revenue and long-term loyalty.
Technology can help banks innovate, but failure to innovate the technology itself can create a drain on budgets and usability.
Banks can create a more seamless experience to open a digital account if they address some troubling trends and common mistakes.
Banks need to optimize their tech investments to unlock lower efficiency ratios and boost their productivity.
One bank is attracting and assessing recruits with a surprising new technology.
Understanding the viewpoint of the bank’s top technology executive could help board members better wrap their heads around the issue.
Most bankers mistakenly believe there are three choices when it comes to data conversions, all of which create costs and risks for the bank.
Banks that are willing to embrace innovation and use the right analytics tool can create a data strategy that capitalizes on their highest-value customers.
Betting on a newer technology provider has its risks but, under the right conditions, the rewards can pay off.
The winning fintech solutions strike a balance between innovative ideas and results that move the needle for the banking industry.