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How can banks make online bill payments cool again?

Accenture

As the 21st century began, banks revolutionized bill payments by introducing online bill pay. The post How can banks make online bill payments cool again? Customers could finally ditch their check books and stop licking stamps. They simply had to log on, enter their biller information and make payments electronically.

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2017 Innovators to Watch: 44 Executives Shaping the Future of Banking

Bank Innovation

2017 was a tumultuous year, but despite some stops and starts, innovation in finance is only gaining more momentum.

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Why SMBs Need To Focus On Product Innovation And Adopt A Digital Business Model

PYMNTS

When consumers fled to online shopping options in Q2, many businesses weren’t set up for digital-first commerce, but quickly figured it out. If you are an offline business that isn’t figuring out how to develop an online offering, you will likely be left behind by competitors.”.

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Banks Will Only Slow Fintech Innovation if They Acquire Rather Than Partner, Hyperwallet Says

Bank Innovation

Well, that depends if the end goal of the bank is to further financial innovation, Derrick Walton, EVP of global financial networks for Hyperwallet, told Bank Innovation. EXCLUSIVE—Should banks acquire or partner with smaller, more agile fintechs?

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How the pandemic accelerated digital payments innovation

Accenture

The COVID-19 pandemic has pushed digital payments into a new era as businesses around the world were forced to switch quickly from in-store to online. The post How the pandemic accelerated digital payments innovation appeared first on Accenture Banking Blog.

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Consumers Expect Innovation to Come From Banks, Not Fintechs, Not Even Facebook

Bank Innovation

Despite all the shiny fintechs out there, consumers still expect innovation in financial services to come directly from banks. Almost half of the consumers –49% of women, and 45% of men– said they are most excited to see new financial product launches at banks, according to a study released yesterday by EY.

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B2B Payments Drive Instant Payments, Crypto Innovation

PYMNTS

New payment rails are once again in the spotlight as real-time payments and cryptocurrency emerge as the top focuses for innovators. In this week’s look at payment rails innovation, the European Union begins paving the way for greater crypto adoption, while Mastercard expands its own crypto accelerator initiative.