Medical Lockbox
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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It is no secret that the banking industry is a ripe target for big tech. Recently, we’ve seen Elon Musk’s “X” make it known they are entering the payments realm, having begun the process of applying for regulatory licenses and development of the software needed. Additionally, we saw Apple launch its new savings accounts to complement…
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A new article by Bain & Company shares what they’ve learned after analyzing the performance of 42 of the world’s largest banks based on total shareholder return, cost-to-income ratio, and net promoter score over the past few years. Its findings? No surprise here: Banks leading in technology delivered higher returns, lower costs, and greater customer…
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As we’ve noted in previous blog posts, digital banking is growing by leaps and bounds – good news for financial institutions, as digital banking availability and usage have been shown to boost customer loyalty and provide a host of other upsides. However, as explained via a post at BAI.org by Danielle Kane, Director of Small…
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Artificial intelligence has been one of the hottest topics within the banking industry over the past few years. Every day, banking professionals are bombarded with emails from publications and vendors relating how AI is the greatest thing to happen to the banking industry; yet, according the American Banker, the excitement isn’t leading to implementation. In…
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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.
Read More
Zor Gorelov, chief executive officer and co-founder of Kasisto, discusses in post for BAI how regional banks can use AI to improve efficiency and remain competitive with larger banks — in spite of potentially daunting hurdles like costs and compliance concerns. 2023 has been challenging for regional banks in the wake of bank failures earlier…
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Jim Marous, Top 5 Retail Banking Influencer, Global Speaker, Podcast Host, and Co-Publisher at The Financial Brand, described in a post for fisglobal.com the four emerging technology trends that will, he believes, revolutionize retail banking. The importance of developing and deploying new digital services, building new business models and transforming from a product-centric to customer-centric…
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A new study by PYMNTS reveals that, when choosing a bank, the majority of consumers are looking for a trustworthy FI when narrowing down their choices: In the report “Credit Union Membership and Credit Profiles,” PYMNTS leverages insights gathered from a survey of over 4,000 U.S. consumers and 100 credit union (CU) executives to examine…
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Previously, we covered the United Kingdom and their push for the “digital pound.” While there are many benefits for a central bank digital currency (CBDC), the real question remains: “Is there a desire or need for them?” This is the question being pondered in Canada. In a story covering a recent report from the Bank…
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