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Key takeaways from ThinkBIG 2024: Insights for banks and credit unions

Abrigo

Takeaway 2 The panel encouraged banks and credit unions to change their approach to compliance and technology, getting compliance involved sooner in new initiatives to encourage safe innovation. Takeaway 3 Attracting new and younger customers is a top priority for community financial institutions.

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The New Financial Paradigm

Cisco

Various regulations, PIX, Open Banking and hundreds of innovations are completely changing the rules of the game in this industry. Today, given the healthcare reality in the world, increasingly digitized customers demand greater speed, security, and new experiences in banking services.

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How Airbnb Uses Payments To Stay Competitive

PYMNTS

While hosts in rural communities are legally allowed to accept both Korean citizens and foreigners as guests, hosts in urban areas can only accept those from outside the country. This means localizing their services and not taking a one-size-fits-all approach when it comes to payment methods and user experiences.

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Can FinTech Walk The FinTalk?

PYMNTS

It’s a thought that was triggered recently after reading and reflecting on recent developments across three innovations heralded as FinTech’s poster children — disruptors out to change the world and eat the proverbial lunches of incumbents they say are too big and too unmotivated to change. Blockchain. Marketplace lending. Digital banks.

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Uber Of X: GetMyBoat Brings Boating To Everyone

PYMNTS

One of the main issues, though, when seeking to go out for a few hours of fun off the mainland is finding a boat. We’ve seen phenomenal growth when it comes to both boat numbers, as well as users within our community. BP: This year, we are focused on further refining our product to make the user experience simple.

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Discussing Machine Learning and Financial Services

Tefkin

It makes sense for these large players to open source a big part of their research and benefit from a broader development community. In Financial Services, in my mind there are short term two main cases for machine learning: one connected to the interface between humans and finance, the other to optimizing the analysis of vast pools of data.

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37 Corporate Innovation Labs In Finance

CB Insights

One popular approach: in-house financial innovation labs. We’ve created a list of finance innovation labs from some of the biggest names in the industry, as well as from newcomers looking to make a name through tech. We’ve written about corporate innovation theater before — and how sometimes corporate innovation goes wrong.