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RDC & Mobile

AI Tech for Community Banks and Credit Unions: Fintech Vendors Must Step Up

May 25, 2023

Many people in today’s financial services industry applaud the emergence of AI technology as an excellent equalizer for financial institutions, allowing community banks and credit unions a level of parity with their larger competitors. After all, it’s just a matter of recognizing and embracing the emerging AI technology, right? It turns out things are not…

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Legacy Thinking: How Banks Can Learn From Major League Baseball

May 18, 2023

If you’re a sports fan, you are undoubtedly familiar with the four major sports leagues in the US: Major League Baseball (MLB) The National Football League (NFL) The National Basketball Association (NBA) The National Hockey League (NHL) You may be asking yourself, “What do sports have to do with banking?” Well, it turns out there’s…

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AI & Machine Learning: Driving Automation & Resiliency for Banks & Customers

May 11, 2023

We’ve spent quite a bit of time on the emergence of artificial intelligence (AI) and machine learning (ML) as vital technologies for the banking space — and for good reason. In today’s competitive environment, every possible tool must be leveraged. Steve Morgan, Banking Industry Market Lead at Pegasystems, contributed an informative commentary to Finextra regarding the…

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Forrester Research: 77% of Banks Execs Will Invest in Emerging Technologies in 2023

May 4, 2023

Forrester reports that, according to their Future Fit Survey, 2022, a whopping 77% of bank business and technology professionals are looking to increase their spending on emerging technologies over the next twelve months. Emerging technologies could mean the difference between gaining, retaining, or losing competitive differentiation. Yet failure remains commonplace. Only a quarter of business and…

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OrboNation Newsletter: Check Processing and Fraud – April 2023

April 28, 2023

In case you missed it, over the past month, we have published incredible content on our OrboNation Blog and Modernizing Omnichannel Check Fraud Detection. Review the latest OrboNation Newsletter online or via PDF download.

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FedNow Real-Time Payments: The Effects on Checks

April 27, 2023

Other developed countries have had it for years, but the United States is a Johnny-Come-Lately to RTP, or Real Time Payments. The Federal Reserve recently confirmed that FedNow, the government’s version of real-time payments (RTP), will launch this summer. In a piece for Forbes Magazine, Ron Shevlin, Chief Research Officer at Cornerstone Advisors, points out…

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Apple Upping Its Banking Game with New Savings Account Offering

April 20, 2023

Apple is well known for staying one step ahead of technology trends. Since the launch of its iTunes® Music Store in April of 2003, we’ve seen the tech giant continue to penetrate the payments arena. Apple made its biggest contribution to tech when it launched the first iPhone in January of 2007. While it was…

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Achieving Next-Gen Legacy Modernization: Focus on Productivity

April 13, 2023

McKinsey Digital weighs in with suggestions for how banks can modernize legacy systems to help them reduce IT costs and complexity while improving productivity in a competitive environment. Even before the onset of the COVID-19 pandemic, persistently low interest rates had increased pressure on banks to reduce their IT costs. The pandemic exacerbated this issue,…

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Core-to-Customer Technology Approach: Eliminate Siloes, Enabling Unification

April 6, 2023

Digital is undoubtedly going to play a major role in the future of banking. As we noted previously, digital banking market valuation is predicted to exceed USD 13.5 trillion by 2032. The real question is: How each bank is approaching digital banking? From our friends at BAI, author Emily Steele, president and COO at Savana,…

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OrboNation Newsletter: Check Processing and Fraud – March 2023

March 31, 2023

In case you missed it, over the past month, we have published incredible content on our OrboNation Blog and Modernizing Omnichannel Check Fraud Detection. Review the latest OrboNation Newsletter online or via PDF download.

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