For more information, including a direct link to the source articles, visit the Tech Talk page on BankersOnline.com.
Digital Banking: What customers really want
Digital services have become the key battleground in banking. New entrants offering pure online banking are challenging traditional banks, and the rapid evolution of AI and machine learning technology means that struggle is only likely to intensify in the years ahead. Get the details at: Tech Talk.
Modern Payments Infrastructure: 1 Platform, 1 API, All Channels Is it time for a solution refresh? Legacy processes can't always keep up. Ask yourself these questions to assess your payments modernization goals and explore the benefits of a single platform for all Day 1 and Day 2 processing.
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Cash management firm dives into ‘composable’ banking
Composable banking, a flexible and technology-enabled approach to financial product delivery, offers a remedy to these issues, giving banks and their business customers the ability to show payments from credit card, ACH, and even FedNoW all on one screen. Get the details at: Tech Talk.
Overdraft fees plummet as FIs monetize ‘alerts’
Banks have turned to innovative ways to help educate and alert customers as to their spending habits and when they might be in danger of exceeding comfortable thresholds. Overdraft fees are dropping as banks get creative on monetization. Get the details at: Tech Talk.
Why banks must embrace blockchain
For banks, blockchain has a potentially significant upside with key, sector-specific applications such as cross-border transactions, fraud reduction and trade finance, to name just a few. The trust and data security that blockchain enables can benefit financial institutions on a number of fronts. Get the details at: Tech Talk.
Banks aim AI at fraud management
The “Digital-First Banking Tracker®,” a collaboration with NCR, examines the evolving threat of digital fraud targeting FIs and how banks can leverage cutting-edge technology to protect themselves and their customers from cybercrime. Get the details at: Tech Talk.
Apple is taking a bite out of banking
Dave Wallace, of Fintech Futures, writes, "I have followed Apple's trajectory from the earliest Mac models, stood at the front of the queue to get the original iPhone, bought (cough) every one of the watches, bought some AirPods, and happily watch its TV and films. So recently, I have repeatedly been asking myself, Why are they going into banking? What if Apple has a bigger play?" Get the details at: Tech Talk.
Gen Z frustrated with bank authentication
Consumers want more security from banks. Cross-referencing generational belonging with income levels, a recent study deduced that consumers are generally comfortable with the transactional authentication offered by financial institutions, but there’s room for improvement. Get the details at: Tech Talk.
Private bank integrates tether payment rails
Xapo Private Bank, the fully licensed private bank that combines traditional banking with access to Bitcoin and stablecoins, has become the first bank in the world to integrate Tether (USDT) payment rails. Get the details at: Tech Talk.
Crypto.com targets everyday transactions
While the crypto sector’s former appeal may have been dulled by ongoing scandals and regulatory uncertainty, Crypto.com on Wednesday (May 31) announced it is expanding its crypto payment capabilities and support for U.S.-based app users. Get the details at: Tech Talk.
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