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Changing the World With Bank of Things
Digital transformation is now everywhere, as every industry is actively adopting advanced information and communications technology (ICT) while changing business practices. The digital economy is extending its presence with speed, ease of access, as well as the power penetration that
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Accuity: Four Digital Payment Trends in 2021 for Banks and Payment Service Providers
We are experiencing more change in the payments space than we have over the past thirty years. This is an exciting time to be involved in payments. As we begin 2021, Accuity’s payments specialists look ahead to identify four digital
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Huawei and IDC’s Banking Resilience Index Uncovers How FIs Responded to COVID-19
A new whitepaper by Huawei and the International Data Corporation (IDC) looks at how banks around the world have responded to the COVID-19 pandemic and identifies the way forward in the new normal. In a report titled Banking Industry Rises
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Financial Institutions Turn to Huawei’s Converged Data Lake Solution to Accelerate Banking Innovation
Like many other areas of the economy, the financial services sector is undergoing a data revolution. Every day, the global banking industry generates massive amounts of data by processing hundreds of billions of financial transactions as well as through interactions
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How Data Privacy Affects Engagement in Financial Services
It may be a challenge for brands in highly-regulated spaces, but meeting customer expectations is both possible and essential. To get there, marketers need to ensure that they strike the right balance between data privacy/security and innovation. Let’s explore the
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Korean Unicorn Toss Join Forces With CIMB Vietnam to Launch CIMB-Toss Debit Card
CIMB Bank Vietnam and Viva Republica, the operator of Toss app, has jointly introduced the CIMB-Toss Debit Card following the success of the CIMB and Toss virtual card launched in July 2020. Launched in early December 2020, the debit card
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Authentication Is Done. What About Identification?
Airome Technologies, a Singapore-based developer of cybersecurity solutions for digital banking and e-document management systems, has been working with authentication and transaction confirmation technologies for a while, creating advanced products in this field. However, with the pandemic situation the company
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How to Get Customer Messaging Right in Financial Services
If fintech brands aren’t mindful of today’s looming threats, they may find themselves losing out not just to banks, but to non-financial brands. Think Apple’s wildly successful credit card debut, with over $10 billion dollars of extended credit within two
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3 Big Customer Engagement Drivers for Financial Services
In financial services, the growing number of fintech startups and incumbents’ late-to-the-game focus on technology has led to some of the fiercest competition of any industry. Banks are throwing multi-billion-dollar technology budgets into digital transformation initiatives, while fintech brands are
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A Secure Contactless Customer Experience on Mobile in This New Normal
COVID-19 has altered customer behaviour, and banks will have to enhance their business models to accommodate what’s new and next. Since the pandemic is still very much part of our lives, banks will be confronted by increased customer expectations and
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