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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. He no longer has time to go to the bank to manage his account or hire a service, nor does he want to sit down and listen to a broker talk about all the benefits of his insurance. Automation of services.

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? New technologies and new consumer behaviors are forcing banks to move.

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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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Trends and Technologies Innovating the Banking Industry

ITONICS

Trends will matter in the banking industry in the months and years ahead. Is it big data and AI? Or maybe open banking? Now is a potential tipping point for banking: the importance of technology has never been as great in financial services as it is now. Maybe the cloud?

Trends 28
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Emerging Trends Impacting the Financial Sector in 2019

IdeaScale

The financial sector is often seen as stodgy and slow to innovate, but the arrival of financial tech, or fintech for short, has forced change management and innovation strategy to the forefront. Every time there’s a data breach, people rush to the bank, or its app, to change their passwords and security questions.

Trends 113
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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.

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Top 5 Digital transformation use cases for the BFSI industry

Acuvate

“Digital banking,” “super apps,” “hyper-personalization,” “customer experience,” and “agility” — are the terms redefining the BFSI industry today. Additionally, even though banks invest large sums of money in contact centers for handling inbound customer queries, a majority of these calls are generic and repetitive.