Big #tech companies have shown no appetite to become actual #banks, with their heavy regulatory oversight. Instead they are working with bank partners who already have the regulatory practices in place
Financial Technology
#Wealth #management #firms around the world are focused on the next generation who will inherit wealth, but their #tech is more Boomer than Gen X.
Financial Technology
#Financial service regulators in the decade ahead will focus on #smarter rule instead of just demanding #more data, predicted PJ Di Giammarino, CEO at JWG, a regulatory think tank in London.
Financial Technology
Payments amount to a $ 1.9 trillion business around the world, a sum too rich to leave just to #banks, according to McKinsey’s Global Payments Report.
Financial Technology
Farms are using more #technology to run their operations, sometimes mirroring the work, and the problems, that #banks have — such as #data #silos in addition to #grain silos.
Financial Technology
Implementing conversational AI requires a comprehensive approach blending skills from customer service and #tech and reading thousands of call logs to see what customers ask, how they ask it, and what responses make sense to them.
Financial Technology
Bank customers are using digital and increasing mobile channels to check balances, but they are still reluctant to pay bills through their bank site. Bank branches continue to be important to consumers.
Financial Technology
#Umpqua has taken personal banking #digital so it can provide every customer with a banker they can call on for assistance.
Financial Technology
#Banks‘ #digital efforts are decent, but not exciting, to their customers who prefer interacting with Amazon and social media.
Financial Technology
#JPMorgan #Chase is on a roll with its digital hiring and currently has #more #than 2,000 #open positions. The bank is looking for a senior digital #fintech expert to join its Digital Strategy, Innovation and Partnerships team, as it continues to recruit talent as part of its effort to revamp its #technology team. Last week, Adam K, […]
Bank Innovation
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