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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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Application of advanced analytics and machine learning in the banking industry

hackerearth

Banks have always been custodian of customer data, but they lack the technological and analytical capability to derive value from the data. Whether it is a bank, non-bank, or fintech, competing in the banking revolution comes down to how efficiently the available data can be used to solve business challenges and better serve the customers.

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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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All Work and No Play May Not Help Your Bottom Line

Daniel Burrus

Within the game, they are navigating a user interface, something we encounter every day in the personal and professional world, be it with our iPhones or a virtual teller at our bank. Anticipatory leaders, take note : gamification and its benefit are a Hard Trend in training that will only accelerate as technology increases.

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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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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.

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Trends in AI: Should You View Data as a Product?

Planview

Using data as an internal product is fueling a competitive advantage for companies like Netflix, Intuit, PayPal, and many others. Rather than being a storage unit service, cloud companies are now functioning more like banks – using data constantly to make better decisions for the company and for its customers. Should you follow suit?

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