News Topic: Digital transformation
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Citi’s plans for its $1 billion tech budget in corporate banking
How Kahina Van Dyke is digitizing 160-year-old Standard Chartered Bank
Most banks aren't ‘future ready’ — and bankers know it
Digital Banking 2020: Digital transformation - The cultural imperative
During 2020, our society has been faced with an economic crisis, health crisis, social justice crisis and environmental crisis. The pandemic has rapidly changed how banks engage with customers and employees; accelerating the shift from in-person ... Read full article
Digital won't cost bankers their jobs. It'll make them better bankers.
Bank employees need to stop seeing new technology as a threat. ... Read full article
Expect 'a lot more dismantling': A fintech entrepreneur's vision for 2020
Jason Gardner, founder and CEO of the card issuer Marqeta, discusses his experiences in starting up multiple fintechs and makes predictions for the new year. ... Read full article
Digital transformation doesn't have to disrupt customer experience
It can be a painful process for a bank to go digital, but there are ways to ease the transition. ... Read full article
What will bank jobs look like in the future? OceanFirst has an idea
Chris Maher, CEO of OceanFirst Financial, shares how employees’ roles have already changed and his bank’s efforts to help them navigate AI. ... Read full article
7 things that will affect next stage of banking's evolution
More digital competition, tougher tech choices and a completely new generation of customers are just some of the challenges facing bankers in the near future. ... Read full article
To ignore Gen Z is ‘to flirt with irrelevance’: Wells Fargo exec
Businesses need to shift focus away from millennials and toward the next age group, which is expected to be so demanding that business processes will have to be overhauled, says Julia Carreon, the bank's managing director of digital and fiduciary ... Read full article
Libra: The opening act of a modern regulatory drama
Facebook’s stablecoin initiative has inspired countless ideas about how to put fintech under the control of federal regulators. Here are the most critical questions. ... Read full article
Mobile and web onboarding are two different animals
With customers now having the opportunity to onboard across multiple devices and channels, or even through a call center, the likelihood of an inconsistent experience is drastically increased, Neal Keene of Intelledox says. ... Read full article
Don't misread restructurings and layoffs as a sign of weakness
In some cases bankers' willingness to close branches and cut staff is a testament to their company's strength. ... Read full article
'Don't try the FDIC's patience': Comments of the week
Readers react to the FDIC's fine against a bank over a 5-year-old consent order, Regions Financial's about-face on acquisitions, HUD's promotion of a controversial CFPB official and more. ... Read full article
Congress needs to hurry up on data protection
Consumer identities are becoming increasingly digital and more prone to privacy risks. Lawmakers cannot sit idle. ... Read full article
Her work here is done: CEO leaving Bank Leumi after transforming it
Rakefet Russak-Aminoach, who will leave the company at the end of the month, has raised net profit and lowered costs by revamping its technology and culture. ... Read full article
Banks are missing their millennial opportunity
With 20- and 30-somethings just beginning to build financial wealth, banks must orient their business to meet the needs of these consumers. ... Read full article
Digital Banking Demo Sessions 2019
Top technology innovations in digitla banking you need to see ... Read full article
The brightest fintech minds could be right in your office
New tech-focused programs for employees can help banks evolve from within. ... Read full article
