Remove Capital Remove Examples Remove UX
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Should your bank acquire a UX design firm?

Celent Banking

I was very intrigued and excited when I heard about Capital One’s acquisition of Adaptive Path. I think it’s a great idea for several reasons: Design and user experience (UX) are critical to digital AND brick and mortar banking. UX becomes embedded in projects and in thinking. Labs and UX go hand in hand.

UX 167
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5 Banking Trends We’re Forecasting for 2023

Perficient

For example, many banks have launched small-dollar loan products that give eligible customers a few hundred dollars for a small flat fee. Another example is Eno , Capital One’s virtual assistant. The movement has ignited a renewed sense of openness toward pursuing more creative business solutions.

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15 Ways We Are Using ChatGPT in Banking

South State Correspondent

With the capital raised by Elon Musk, Microsoft, and others, this year, banks look to license the technology utilizing a paid professional version and leverage the tool through the Microsoft Office Suite to accomplish a variety of tasks more efficiently. Here are some recent examples: Create bullet point notes on employee retention credits.

Tools 370
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Chime, Challenger Banks And The Challenges Of (Lofty) Valuations

PYMNTS

What shall we make of private fundraising rounds that make valuation leaps, tacking on billions of dollars with each new capital raise? Now: Market caps are a simple, loose shorthand for how much it would take to acquire a company (without necessarily taking into account capital structure).

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The New Lending Fintech Bonanza

Gonzobanker

As American Banker ’s Kevin Wack pointed out , the sale price was 10% of OnDeck’s market value height in 2015, the same year that yours truly was pointing to OnDeck as an example of slick process and marketing focus. How will all of this new capital flowing help my organization and my customers, and how does it improve product roadmaps?

Lending 158
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SMB Alt-Lending Gears Up For Another Industry Shakeup

PYMNTS

After industry consolidation and a leveling-out of venture capital interest, alternative SMB lending remains a strong market, though just like traditional banks, it has also faced new lessons as a result of the current market.

Lending 171
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Chime, Challenger Banks And The Challenges Of (Lofty) Valuations

PYMNTS

What shall we make of private fundraising rounds that make valuation leaps, tacking on billions of dollars with each new capital raise? Now: Market caps are a simple, loose shorthand for how much it would take to acquire a company (without necessarily taking into account capital structure).