The COVID-19 pandemic has rattled the financial industry more than any event since the Great Recession. Banks have been designated as essential businesses and have largely remained open, but the normal way of doing business has all but disappeared.
Read MoreDigital banking deals a easier and much safer method for clients to gain access to monetary services The rise in e-commerce and online deals will motivate the adoption of digital banking services Pandemic push for digital banking will see its effect withstand for years In the thick of the pandemic, we saw a boom in […]
Read MoreBy: Brandon Dewitt As the calendar nears the midpoint of 2020 and banks continue adjusting to a new normal, it’s more important than ever to keep pace with planned initiatives.
Read MoreWhen the history of the coronavirus’s impact on Latin America is written, it will highlight the acceleration that the virus had on the shift to digital banking and the subsequent economic impact of this.
Read MoreBanks and credit unions will need to increasingly leverage data, innovation and a platform business model to deliver digital banking solutions. The post COVID-19 Accelerates Urgency For Digital Banking Transformation appeared first on The Financial Brand.
Read MoreThe COVID-19 outbreak has brought about drastic changes in our lives, and by every measure we are going through a great crisis. It is natural to assume that the pandemic will be a turning point in modern history, and many experts argue that the world we are entering will be fundamentally different from the one […]
Read MoreFinancial institutions’ (FIs’) consumers and business clients expect instant access to needed financial services regardless of which devices they use, but reality can fall short of their expectations.
Read MoreThe COVID-19 pandemic thrust the retail banking industry into embracing a digital-first mindset. With consumers forced to use online or mobile banking alternatives, or face long lines at drive-up teller windows, the use of non-branch banking solutions has increased dramatically.
Read MoreThe coronavirus outbreak and resulting restrictions on daily life are highlighting the importance of digital platforms, testing their mettle and demonstrating the power of tools banks lacked in past crises.
Read MoreDigital banking is a complex industry with its own “rules and laws”. Like any other industry, digital banking is gradually developing, but if you want to get successful with it, you need to know some very important things about integrating intelligence and artificial intelligence into digital banking.
Read MoreBankers are consumers, too, so they should be familiar with the impact that social media and the increasing use of personal data has had on the shopping experience — in-person, online or mobile. Digital technologies have caused a seismic shift in retail interactions and expectations.
Read MoreHead of Financial Services at digital consultancy Publicis Sapient Prognosticators have been pointing to 2020 as a touchstone for change. What can we expect? For the better part of the decade, business prognosticators focused on predicting the state of play for their industries in 2020, even naming the exercise a “20/20 vision.
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