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Will these innovation trends shape banking’s future?

Accenture

The Efma-Accenture Banking Innovation Awards are set to return on November 18th for a virtual celebration of banking’s best and brightest. With a record 816 innovations submitted by 275 institutions in 73 countries, I’m excited to see what this year has in store. The post Will these innovation trends shape banking’s future?

Trends 514
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Can payments embrace both innovation and security?

Accenture

The post Can payments embrace both innovation and security? But that excitement is often tempered by concerns that efforts to capture compelling business opportunities may expose the new venture—and the firm—to unnecessary cybersecurity risk. But what if both the business and cyber teams were fully….

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Innovation with techquisition: Getting it right

Accenture

As technology continues to disrupt the traditional way of doing things and innovation moves at an increasing pace—some say a “frenetic” pace—the leaders of the financial services industry will need to move fast to respond.…. The post Innovation with techquisition: Getting it right appeared first on Accenture Banking Blog.

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The Ultimate Guide to Product Innovation in Banking

Accenture

The post The Ultimate Guide to Product Innovation in Banking appeared first on Accenture Banking Blog. To maintain relevance, banks need to be on the pulse of these needs and create products to solve them—to unlock value for both their customers and the bank.….

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The Threat That Could End Community Banking & What To Do About It

Community banks are at risk of losing their core business to the companies innovating in the paytech and lendtech spaces. Small and midsized banks are at tremendous risk. Small business lending is ground zero for this imminent disaster. On the surface, things are going well for community and regional banks and credit unions.

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10 trends shaping post-digital banking innovation

Accenture

The post 10 trends shaping post-digital banking innovation appeared first on Accenture Banking Blog. Each new day in 2022 takes us further into this new era of banking. Today’s banks are more intentional that reactive, more likely to challenge conventions than respect….

Trends 510
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Pay-by-Nose, a new innovation

Chris Skinner

My … The post Pay-by-Nose, a new innovation appeared first on Chris Skinner's blog. It’s getting a bit ridiculous now however, when payments companies are designing payments for cats and dogs … or maybe it’s not … it’s just an extension of technologies that work for humans.

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Case Study: First Mid Bank Fast-Tracks New Market Entry in Commercial Lending

This case study reveals their journey from facing challenges in Texas' complex legal landscape to achieving rapid market entry with GoDocs' innovative commercial closing platform. Discover how First Mid Bank & Trust fast-tracked market expansion through advanced automation and compliance solutions.

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Top 10 Benefits of Automating Loan Modifications for Commercial Lenders

But with ModDocs®, you can enjoy an innovative solution that eliminates attorney fees, allows on-the-fly loan modifications, and ensures compliance. Get ready for the wave of $1.2 trillion in commercial debt maturing in the next 24 months with GoDocs' ModDocs® platform.

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Top 10 Benefits of Automating Closing Documents

Innovative solutions are now essential to navigate this dynamic landscape and achieve success in the fast-paced world of commercial lending.

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Value-Driven AI: Applying Lessons Learned from Predictive AI to Generative

Speaker: Data Robot

Now generative AI has emerged and captivated the minds and imaginations of leaders and innovators everywhere. Most enterprises have now experienced their first successes with predictive AI, but the pace and scale of impact have too often been underwhelming.

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The Non-QM Market Experiences a Remarkable Comeback: Check Out the Industry Guide

Moving forward, automation and non-QM loans will play key roles in driving innovation and expanding the pool of potential borrowers. Commercial lending is going through an important transformation as consumers demand better solutions and technology works to address long-standing problems in the industry.

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The Role of Artificial Intelligence in Pandemic Response: Lessons Learned From COVID-19

Enablement of swift and safe innovation in rapid antigen tests. Download this whitepaper to learn about: Development of AI standards for pandemic models that will be used in future pandemic responses. Modernization of U.S. health reporting standards.

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Innovation Systems: Advancing Practices to Create New Value

As technology transforms the global business landscape, companies need to examine and update their internal processes for innovation to keep pace.

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2024 Lending Outlook: Innovations and Evolutions in the Financial Sector

Innovations in AI, alternative lending platforms, personalized experiences, and sustainable lending practices are just a few of the areas set to redefine the industry. For banks and financial institutions to stay competitive and meet the evolving needs of their customers, these drivers must be understood and engaged with.