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How Banks Can Stay Resilient As AI Becomes More Disruptive

Harvard Business Review

Only 23 of the 568 companies included in the Fortune 500 since 1997 were under 15 years old when they entered. The second is a massive migration of tech talent from big finance to big tech. The third is an increased appetite by big tech companies to enter industries like big finance.

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Employers: Help Your Workers Reduce Stress With Financial Wellness Education

Business and Tech

A recent Mental Wealth survey by Laurel Road, KeyBank’s digital banking platform for healthcare and business professionals, found that 72% of Americans under the age of 40 — Millennials and Gen Z — say managing their finances is a strain on their mental health.

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Rocket Loans: How Personal Loans Can Be a Valuable Financial Tool

Business and Tech

Personal loans are rising in popularity due to their ease and convenience — here’s what you need to know. Personal loans are unsecured—you can use them for just about anything,” notes Todd Lunsford, president of Fin-tech company Rocket Loans. Personal loan basics. “In Personal loan benefits.

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COVID-19: The digital transformation catalyst of banking business models

The BMI Lab Blog

The banking industry faces change, probably in a never known pace and relevance than before. Although COVID-19 had a positive impact on some banks due to a high increase in asset trading volumes and associated commissions, it also acts as a transformation catalyst. The trend towards a hybrid banking customer is continuing.

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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?

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How AI Is Helping Companies Redesign Processes

Harvard Business Review

Companies like Shell and DBS Bank are using it to change how their work gets done.

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How Nature’s Path Is Supporting Local Organic Community Gardens

Business and Tech

One company is supporting community gardens in a major way. Nature’s Path Organic Foods, which is the largest organic breakfast and snack food company in North America, is committed to donating $1,000,000 by 2028 to its annual Gardens for Good program. The food that’s grown is a healthier option compared to non-organic, too.