This is a roundup of industry news and links for the week of June 4th that have informed, entertained, and inspired us.
Here’s our weekly roundup of industry news:
How Two of the Most Innovative Banks in the World Maintain their ‘First Mover’ Advantage – One of the biggest challenges in banking is trying to keep up with the changes in digital technology, consumer expectations and governmental regulations. Innovation leaders from U.S. Bank and BBVA shared insights into how they maintain a ‘first mover’ advantage.
Top Banking Takeaways From The 2018 Internet Trends Report – Mary Meeker’s annual Internet Trends Report is a massive 294-page analysis of digital technologies that impact everyone, particularly financial institutions. Here’s what bank and credit union marketers need to know to prepare their organizations for the future.
Quantum Leap: How will banks cope with tomorrow’s tech? – Last century, one of most dramatic changes to the banking ecosystem was the integration of digital technology, both with back office and customer-facing systems. Today, we are entering a whole new phase. Customer demographics are shifting as technologies evolve, giving rise to a digitized market dynamic and a new playground for financial services, one that offers challenges and opportunities for banks and financial institutions that didn’t exist just a few years ago.
7 Trends for the Future of Payment Processing – Thanks to advancements in security technology and the changing habits of customers, the payment industry is evolving rapidly. With the growing Millennial and Gen X population, the popularity of mobile payments and wallets have increased along with regularity of biometric authentication. This infographic highlights seven trends for the future of payment processing that we’re preparing for, and that you’d be wise to prepare for, too.