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Change the Bank: banking industry rules are changing

mjvinnovation

We have no way of answering that question, but we know that the truth is this: the rules of the financial market are changing, and it’s no surprise. We have already mentioned the importance of the cycle of Run the Bank to Change of Bank and how urgent it is to monitor these transitions to remain competitive.

Change 52
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How a Big Data Strategy Can Fight Insurance Fraud

mjvinnovation

At the same time, insurers have also understood that they need a Big Data strategy for various purposes. Continue reading and understand how Big Data can help insurers avoid headaches and financial damage! What is Big Data. ” Real Time Big Data. ” Real Time Big Data.

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UX for banking: journey + usability + technology

mjvinnovation

With the regulation of Open Banking and data sharing by financial institutions, UX becomes an invaluable tool. The Digital Revolution brought about intense and rapid technological changes, transforming our daily lives and the market itself. UX is the future (and the present) of the banking sector.

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How banks can build customer loyalty through design

mjvinnovation

These changes in user consumption behavior must always be on your radar, for banks and other financial institutions. Millennials – or Generation Y – emerged in the 1980s and totally changed consumer behavior in relation to their predecessors. The conglomerate of technology giants dictates market rules.

Design 59
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Seven impacts Open Innovation can have on your bank!

mjvinnovation

It is no coincidence that the financial market, banks specifically, are among the most innovative. Keep reading to understand this movement and see what the main benefits of Open Banking are! Why are banks investing in Open Innovation? Why are banks investing in Open Innovation? Fintechs arrive to change the game.

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The Digital Bank – How to make Business Models fit for the Future

ITONICS

Banking is necessary, banks are not”. Many traditional banks have reacted and are now en route to the digital world. ITONICS advises numerous banks on how to make their business models fit for the future and not merely keep up with digitization, but even become a first mover. What about the human factor?

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Open Banking: what it is, how it works and why invest ASAP

mjvinnovation

In this movement, the term Open Banking becomes a promising reality. In this article, we will demystify and simplify the open APIs concept for banks. Keep reading to see what benefits are for banking institutions, their customers and more! The banks’ challenges with Digital Transformation. What is Open Banking.