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The Principles of Lean in Banking

Kainexus

We often get questions about whether the Lean management methodology can be applied in the financial services industry. Because of its manufacturing roots, many people assume that it doesn’t apply to banking or other services-oriented sectors.

LEAN 72
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Lean Banking: Transformation in Financial Services

Kainexus

We frequently get questions about whether the Lean process improvement methodology can be applied in the financial services sector. Because of its manufacturing roots, many people assume that Lean doesn't apply to banking or other customer service-oriented industries.

LEAN 16
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Frugal Banking: An Opportunity to Create Customer Value in the Future?

InnovationManagement

If banks respond to customer requirements in completely new special situations, they can gain trust and integrity and become winners of the crisis. The post Frugal Banking: An Opportunity to Create Customer Value in the Future? appeared first on InnovationManagement.

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Open Banking: what changes in terms of our relationship with money?

mjvinnovation

a bank that provides delightful experiences combining emotions and finance may seem strange, but we’ll prove that that’s not necessarily true. And not only that: in the meantime, Open Banking has become regulated, which has dramatically affected banks and financial institutions. Nor can banks be.

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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Will Blockchain Change How Financial Businesses Innovate?

IdeaScale

But this is a massive shift many banks are uncomfortable with, where ledgers are visible not just to clients, but law enforcement, reporters, and the curious. After all, if two private individuals can engage in a transaction with absolute confidence in its quality and security, where does a bank fit in? Blockchain can help stop fraud.

Change 124
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What the Cannabis Business Needs in Order to Thrive

Business and Tech

High state taxes and federal inaction on banking. Cannabis businesses pay much higher taxes than other industries, but we still can’t walk into a bank and open an account. But this will all go away if governments don’t provide tax and banking relief to licensed businesses, because the legal industry will be subsumed by illicit sales.