Technology: Page 60
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Omnichannel allows banks to offer 'channel of choice'
Faced with competition from digital banks that don't have the same fixed costs around physical distribution, omnichannel strategy allows traditional banks to "leverage the best of both worlds."
By Anna Hrushka • July 11, 2019 -
Banks take wait and see approach to ROI on AI deployment
Gartner's Moutusi Sau said the banking industry as a whole still waits to see actual value from their current AI projects before committing more resources to the emerging tech.
By Anna Hrushka • July 8, 2019 -
Explore the Trendline➔
wildpixel via Getty ImagesTrendlineThe Banking Dive Outlook on 2022
Some narratives in 2022, such as office returns, will seem like a logical progression from the year before. Others, such as the regulatory sphere and shift toward smaller M&A, may mark a big shift from the previous 12 months.
By Banking Dive staff -
JPMorgan Chase opens flagship New York branch ahead of nationwide expansion
The bank plans to hire 3,000 employees as part of its overall expansion, which includes 400 branches in 20 new markets.
By Anna Hrushka • July 3, 2019 -
ABA, ICBA say overdraft opt-out rule working as intended
Banks are giving consumers a chance to avoid overdraft protection fees, while presidential candidate Corey Booker aims to strengthen curbs even further.
By Robert Freedman • July 2, 2019 -
Lawmakers schedule hearings ahead of Facebook's cryptocurrency launch
The Silicon Valley-based company said Libra, which is scheduled to launch in early 2020, is already backed by dozens of companies — including Uber and Mastercard — to be managed by the independent nonprofit, Calibra.
By Anna Hrushka • July 1, 2019 -
Amazon launches credit account with Prime-member perks
Cardholders will be able to make purchases on Amazon.com up to their credit limit, as well as receive free access to credit guidance and tools.
By Tatiana Walk-Morris • June 11, 2019 -
55% of US mobile users can't live without cash, study says
While cashless payments promise security and convenience, many businesses are reluctant because of higher costs and some lack of consumer interest.
By Robert Williams • April 22, 2019
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