Using fusion teams, business line leaders can overcome technical and organizational barriers to innovation. When it comes to large institutions, business unit leaders often feel hamstrung by organizational silos and IT bottlenecks. After all, these leaders manage the...
The concept of open banking is often described as the free exchange of data with consumer consent, of course. The goal is to anticipate individual consumer needs by feeding AI and machine learning programs with buckets of data. Then, team up with third parties to...
Traditional banks are truly at a crossroad. It is a divergence carved out by increasing competition and changing consumer attitude. On one side, there’s the familiar way that things have always been done. On the opposite path, runs the dark and foggy road of uncertain...
Last year, the finance industry buzzed with the endless possibilities of fintech and traditional banking partnerships. It was believed that traditional banks might benefit from the speed, agility, and focus of startups. Plus, they could keep a close eye on disruptive...
Over the last couple of months, nearly everyone’s plans have changed. Travel plans are cancelled, kids are learning virtually from home, and the nation is urged to socially distance themselves from anyone not in their immediate household. No one could have predicted...
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