218 Results from 2020, /retail
Alex Kreger Founder and CEO at UXDA Financial UX Design
The digital age has opened more opportunities for development and growth as ever before. This challenges the banks to adopt a new mindset, business approach and innovative technologies to take their services to the next level. Success in tackling these challenges relies on customer trust and loyalty. How to become a loved digital brand that provid...
07 September 2020 /people /retail Digital Banking Trends
Shikko Nijland CEO at INNOPAY
It is time for banks to reconsider their perspective on Open Banking. In this new transaction- and data-driven world, data sharing – just like money and payments – needs to be decentralised. However, it must also be interoperable and trustable. Proper governance and oversight safeguard public functions for society as a whole, and data sharing shou...
03 September 2020 /payments /retail Digital Banking Trends
Jim Craig Co-Founder at Conotext
A small survey from fintech marketing firm Kasasa revealed that 56% of community financial institutions have a social media marketing budget of $1,000 or less. Another survey from WebStrategy noted that almost half of community financial institutions that responded spend between 10-19% of their marketing budget on social media marketing. Developi...
03 September 2020 /retail Banking Strategy, Digital and Transformation
Andrew Beatty Head of Wealth, Retirement & International at FIS
When I need to take a break from being immersed in the business of banking, I like to watch movies. And since the pandemic lockdown, I’ve watched quite a few. Along the way I’ve come to realize that life does indeed imitate art, sometimes in surprising ways. In this blog I’ll take a light-hearted look at drawing parallels between famous movie quot...
03 September 2020 /retail /cloud Banking Strategy, Digital and Transformation
Steve Morgan Banking Industry Market Lead at Pegasystems
The trend in digital banking is one that continues to build momentum. A widely held belief was that there are a number who resist - generally of the older generation – preferring to stick with more traditional banking. Yet recently, McKinsey research has revealed that consumer preference for handling everyday transactions digitally is as high as a...
02 September 2020 /retail Innovation in Financial Services
Reed Luhtanen Executive Director at U.S. Faster Payments Council
Around the world, QR codes continue to explode in popularity as a payments instrument. In China, over the past three years, QR code “scan-to-pay” solutions have grown 15-fold, reaching $1.3 trillion U.S. in the fourth quarter of 2019. And globally, 4% of all consumer transactions leverage a QR code, according to research from Kleiner Perkins Cauf...
25 August 2020 /payments /retail The Payments Business
Lyndon Hedderly Director, Customer Solutions at Confluent
Many tech stocks continue their meteoric rise, despite the worsening economic downturn. On Wednesday this week Apple became Wall Street's first $2tn company. In my last Finextra article I mentioned that Apple, along with the other big four, Microsoft, Amazon, Google and Facebook, now make up a quarter of the S&P 500. We are seeing new investm...
24 August 2020 /retail /cloud Banking Architecture
Charles Darwin’s theory suggests that it is not the strongest of the species that survives, nor the most intelligent, it is the one that is most adaptable to change. As the world races towards digital banking, we consider why banks need help to adapt to a digital future. Technology is redefining what’s possible across all sectors. For the most pa...
20 August 2020 /people /retail Banking Strategy, Digital and Transformation
Kristen Jason Senior Product Marketing Manager at Alacriti
As COVID-19 evolves and continues to impact our world, it’s creating new challenges for business. Unfortunately, credit union members seem to be suffering more. According to a recent Gallup poll in Mid-March, while the national average is 70%, 75% of credit union members say they have experienced a great deal or a fair amount of disruption. Also
19 August 2020 /retail /covid-19 Disruption in Retail Banking
Roel Jansen SaaS Solutions Marketing at Temenos
About a decade ago banks started adopting cloud technology. At first, they were very careful, and it included lengthy discussions with conservative regulators and anxious security officers. Later banks took significant steps to leverage cloud technology. However, does the cloud deliver on its promise of lower infrastructure costs, better integrati...
19 August 2020 /retail /cloud Fintech
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