The hottest technologies in banking are not emerging technologies like machine learning, chatbots, and blockchain.
Follow the Money
What are the truly"hot" technologies in banking? They're the ones that banks and credit unions actually invest in. At the end of the past few years, Cornerstone has surveyed financial institutions to find out which technologies they plan to add or replace in the coming year. Here are the top five for 2019:Not only was digital account opening the most-frequently cited technology for addition or replacement, it was at the top of the list of technologies that banks plan to pursue fintech partnerships for. Some institutions may not get what they're looking for, however.
in this account opening space--e.g., Jack Henry/Bolts, Temenos/Avoka, Q2/Gro Solutions, and a FIS/Zenmonics partnership--will have a big impact in 2019 and 2020.Venmo and Square may get a lot of press regarding P2P payments, but banks are the real leaders in the P2P payments race. Consumersa little more than $300 billion in funds to other people through their banks and credit unions in 2018, with Zelle accounting for about 40% of that.
That's for sure. The state of CRM in most financial institutions is abysmal. Few have a CRM plan that outlines goals and priorities established by the senior management team, or have a CRM scorecard with specific and realistic targets.The pendulum may stay on the enterprise-wide deployment side for another couple of years, but if banks don't get their CRM management practices and processes in order, the pendulum will swing back to distributed CRM.
Österreich Neuesten Nachrichten, Österreich Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
Citigroup Enters Banking’s Hottest Business With New Payments UnitCitigroup Inc. is starting a consumer-payments business, joining its biggest rivals and a host of financial-technology startups jockeying for position in the hottest corner of banking.
Weiterlesen »
Deutsche Bank’s Investment-Banking Arm Looms Large Over Commerzbank Merger TalksThe German government has urged Deutsche Bank and Commerzbank to pursue a deal that would create a stronger lender, but cultural and business divides between the two companies could hinder talks.
Weiterlesen »
JPMorgan promoted its top cyber executive to run technology for its retail business and it shows how seriously the bank is taking securityRohan Amin, who previously served as the global CISO at JPMorgan Chase, will head up tech at its consumer and community banking division.
Weiterlesen »
These students have developed technology to protect their high schools during a shootingIn the era of mass shootings, some high school teens are taking their safety into their own hands. Students from Missouri and South Carolina have been recognized in a nationwide contest for developing contraptions that would increase school safety.
Weiterlesen »
Analysis | The Technology 202: Apple's push into subscriptions raises new competition concerns, antitrust experts sayThe Technology 202: Apple's push into subscriptions raises new competition concerns, antitrust experts say
Weiterlesen »
Technology and political will can create better governanceFuller participation can create an ethic of co-operation, says Darshana Narayanan of The Governance Lab at NYU
Weiterlesen »
Electric taxis in Oslo to be charged using wireless technologyNorway is embracing electric vehicles on a large scale.
Weiterlesen »
Redefining Your Technology Strategy For An AI WorldA new Forbes Insights survey of 700 C-level executives finds that over half of companies are taking steps to prepare their data, technology and people for AI adoption.
Weiterlesen »
The breakthrough battery technology investors are betting millions onFor powering your smartphone or your Tesla, the lithium-ion battery is industry standard, and has been for nearly 30 years. Now, as the world races toward an electric future, the next big breakthrough in battery tech could be just around the corner.
Weiterlesen »
MHI At CERAWeek: These 7 Technologies Hold The Key To Creating A Sustainable FutureAt CERAWeek 2019, energy experts are sharing ideas and insights on how to accelerate the energy transition to an efficient, low-carbon future.
Weiterlesen »