Time-consuming, lengthy and rigid procedures for financing began to frustrate borrowers following the 2008-2009 global financial crisis, especially when banks started to become stricter about loan disbursements. This has opened …
Read More »Banks need to become Lords of Data
The simple fact is that banks are not currently good with data. When someone involved with technology talks about a single view of a customer, most banks laugh and believe …
Read More »The Six Biggest Trends in Fintech Today
The biggest trends in fintech today are centered on improving customer experiences, and the interfaces being designed today aim to enable users to seamlessly and effortless merge the new technologies …
Read More »Samsung Pay has been launched in Russia
On the 29th of September 2016, Samsung Electronics launched its payment service – Samsung Pay, in Russia. At the moment the service is already present in USA and South Korea …
Read More »When culture change fails, look in the mirror
Digital transformation has always been considered risky. It is deemed to be tricky for many reasons, among which one that has been less studied — the pushbackfrom employees who resist …
Read More »Innovation Basics for Community Banks and Credit Unions
A popular affirmation among top companies has recently been marked by three important words: We must innovate!” But what does it mean exactly and why innovate? What is this Innovation …
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