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In this blog post, we explore how banks and credit unions can fuel innovation by harnessing the combined power of creativity and execution, resulting in remarkable digital products and unparalleled customer and member experiences. Embrace a Culture of Creativity Creativity is the genesis of all innovation.
When dad was paid on Friday, after cashing his check at the bank and getting his wages from the teller, he would stop by the store and pay off the accumulated family debt with a quarter or so. Again, a financial service – credit – had been extended at the point of purchase to facilitate the transaction. .
Going further, the “Zoomer” generation gravitates towards immediate gratification and, particularly, “Buy now, pay later” services. Innovative intentions, inexperienced implementation Gen Z is also beset by a very tumultuous financial world. They expect continual innovation and settle only for leading-edge solutions.
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