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FDIC Extends Timeline to Comply with New Digital Signage Requirements

Perficient

The Federal Deposit Insurance Corporation (“FDIC”) recently announced that it is providing financial institutions additional time to get new process and systems in place by extending the compliance date for the new FDIC signage and advertising rule (Part 328, subpart A) from January 1, 2025, to May 1, 2025.

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What Does and Gen AI Strategy Look Like for a Community Bank?

South State Correspondent

In 2025, banks evolved in managing their goals and objectives through use cases. A bank would likely lose flexibility, drive-up cost, and have a variety of user experiences, however, would gain the advantage of being able to deploy multiple models across different uses cases quickly.

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Kia Rolls Out Connected Car Subscriptions Via Zuora Platform

PYMNTS

Kia anticipates that it will adopt connected car technologies across every vehicle segment by 2025, and is aiming to make every vehicle model a connected car by 2030. Kia picked Zuora due to its smooth user experience and flexibility. Zuora already works with seven other automotive manufacturers.

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FDIC Digital Sign Requirement Deadline Fast Approaching – Part 1 of 2

Perficient

However, rather than the same sign to be put online, the December 2023 rule established a new black and navy blue official digital sign shown below: Beginning on New Year’s Day 2025, banks will be required to display the FDIC official digital sign near the name of the bank on all bank websites and mobile applications.

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Report: Digital ID’s Role In Boosting Trust In The Sharing Economy

PYMNTS

The sharing economy is projected to reach more than $300 billion in global revenue by 2025, yet identity verification provider Jumio found that one in five adults using sharing services feel insecure. The need for trust is at the core of sharing economy platforms seeking to offer user experiences their hosts and renters will find acceptable.

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Deep Dive: Why Video-Based KYC Is Key To Seamless, Cost-Effective FI Onboarding

PYMNTS

million by 2025. Not just any digital banking platform will do, however: 38 percent of customers consider user experiences to be essential when selecting online banking services. Video verification is one way to ensure smooth experiences and build trust. . million annually going toward bank fines.

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Hot baths and warm burritos of a reimagined payments industry

Accenture: Banking

Based on our research, IIF payments are likely to shrink the payments revenue pool by 15 percent by 2025—in other words, a big threat to established players. trillion market by 2025. To counter the twin threats of price compression and aggressive new entrants, incumbent banks must focus on a two-fold response.

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