“Data and AI Will Differentiate Winners from Laggards As mentioned in previous articles, data and analytics is the fuel that powers all other components of digital banking transformation. In 2022, it is expected that the combination of data and AI will be the most important differentiator between winners and losers in the marketplace. Customers expect…
Tag: Financial Brand
Top 10 Retail Banking Trends and Priorities for 2020
“As we enter a new decade, banks and credit unions must rethink their strategies and priorities as data and analytics is applied to product development, distribution, innovation, back office support and improved customer experiences. Now is the time for a ‘disruptive mindset’ in banking.” https://thefinancialbrand.com/93137/2020-retail-digital-banking-trends-priorities-experience-data-branches-payments-ai-cloud-innovation/
Are Banks & Credit Unions Losing Out on Savings Apps?
“As of October 2019, the U.S. personal savings rate stood at 7.8%, according to the St. Louis Federal Reserve. And a survey by Bankrate found that 40% of Americans can’t come up with $1,000 to handle an unexpected emergency. At a time when consumers are begging for help, banks have a chance to be a…
AI Advantages in Banking Grow, Adding Pressure for Broad Adoption
“In an effort to determine how frontrunners are deploying AI, the Deloitte Center for Financial Services surveyed more than 200 financial services executives who were already using AI technology. Their research identified three key characteristics”…view full article – By Jim Marous, Co-Publisher of The Financial Brand and Owner/Publisher of the Digital Banking Report https://thefinancialbrand.com/87227/banking-artificial-intelligence-ai-analytics-automation-personalization-trends/
How Community Banks Can Compete In The Digital Age – Financial Brand
The Financial Brand has posted a well written article from Alex Jimenez of Zions Bank. I’ve included his 6 steps to solve the digital dilemma, but checkout the full article for more details. Alex Jimenez – VP & Senior Strategist Zions Bank http://linkedin.com/in/ralexjimenez Community Bank and Credit Union Response “Community banks and credit unions can…