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Change the Bank: banking industry rules are changing

mjvinnovation

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. Open Banking is a game-changer that alters the entire configuration of the banking sector. Why then, is there still resistance to Changing the Bank?

Change 52
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Bitcoin and Blockchain: A Small Glimpse Into Big Digital Disruptions

Daniel Burrus

This sent the banking industry into a tailspin, desperately trying to understand this new concept of a digital currency system, and areas of the government even began to prepare a way to legislate this unfamiliar system. So in banking, the most identifiable Hard Trend in blockchain technology is people’s response to buying Bitcoin.

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Celebrating Achievements: A Recap of Customers Honored at Planview Accelerate 2023

Planview

Huntington National Bank Sam Rassekh, SVP Enterprise Agile Operations & Transformation Director Huntington National Bank (Huntington Bank) wanted to adapt to evolving industry practices and consumer preferences to stay relevant in a competitive market.

Agile 59
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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.

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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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Why generalists will become more valuable

Jeffrey Phillips

Younger people have had more specialized training and businesses have gone through business process re-engineering, ERP and outsourcing to optimize practices, so younger workers have had less opportunity to cross corporate silos or gain broader expertise. A bank can learn from a tool and die shop.

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Episode 18 – Part 1: The ROI of Learning

IM Insights

Mention of financial models in sectors like banking and insurance that often require substantial upfront investments in unproven ideas. Transforming two of Canada’s big five banks to a culture of innovation and agility.