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Open Banking Adoption Is On The Cusp Of Robust Growth In Europe

Forrester Digital Transformation

Forrester’s European Open Banking Forecast predicts a doubling of the adoption of open banking across countries, and use cases, from 2022 to 2027.

Banking 130
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Fueling Innovation: How the Fusion of Creativity and Execution Drives Success for Banks and Credit Unions

3Pillar Global

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.

Banking 52
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Getting Started On Embedded Finance

Perficient Digital Transformation

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. .

Finance 64
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The Power of Trial-and-Error in Digital Product Design

3Pillar Global

Digital product design in banks, credit unions, and financial institutions can find the same successful path by viewing errors not as setbacks, but as useful feedback and opportunities for insight. Without question, trial-and-error iteration is the spine of successful digital product design in financial services today.

Design 91
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Revolutionizing the Way We Pay: The Top Payment Industry Trends You Need to Know in 2023

Perficient Digital Transformation

Visa launched its pilot biometric payment card with Mountain America Credit Union and Bank of Cyprus, introducing the fingerprint scan as an alternative authentication method to a pin number. Given this new practicality, many financial services institutions are lining up to participate in the program.

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Boost Your E-commerce Customer Service With These 4 Best Practices & Improvement Ideas

Mattsen Kumar

E-commerce customer service practices are ever-evolving; often led by new technologies, these trends keep changing year after year. When these prodigal technologies and methodologies are leveraged for customer service, the entire game changes for the better. We will also be touching base with customer service improvement ideas.

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What Is DeFi? How Will Decentralized Finance Impact Your Industry

Planergy Software

DeFi is an emerging digital financial infrastructure that aims to eliminate the need for central government agencies or banks to approve transactions. Many consider DeFi as an umbrella term for the new wave of financial services Innovation since it is intertwined with the blockchain. Congress changes the rules over time.

Finance 52