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07/14/2019

The Healthcare Payments System Needs a Good Doctor

Healthcare has been transitioning from paper-based processes to electronic transactions for years – but the pace has been a bit slow and sickly. Despite regulatory mandates to convert payments to electronic channels, much of the industry still largely relies on paper and telephone calls for billings and payment. According to the Trends in Healthcare Payments…

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07/08/2019

Treasury 3.0: Why Banks Need Customer-Centric Data Mining

Bankers have seized upon “customer-centricity” as a core value, recognizing that building shareholder value requires banks to create value for their customers. But why doesn’t this core value translate to data mining? Banks enjoy a forensic level of data about their customers. In the B2B space, banks can infer: How their customers manage and invest…

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07/08/2019

Small business financing: Opportunities for proactive lenders

Multiple players offer diverse solutions to help small businesses (SMBs) manage their demand for financing. Yet despite intense competition and innovation among lenders, small businesses are still underserved for financing. A number of factors contribute to this shortage of available financers, such as the average size of a loan and accompanying risks. Due to this…

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07/02/2019

Big deals altering the payments landscape

There’s a decent chance we’ll look back at the first half of 2019 as the period when the US payments landscape changed permanently. The chain of events began in January with Fiserv’s surprise announcement that it was acquiring First Data in a $22 billion merger. Speculation quickly followed on how other leading financial services technology…

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07/01/2019

Is it time to outsource your marketing?

In many aspects of business, no matter the industry you’re in, you tend to see cyclical trends. The pendulum swings one way, then it swings back. Take marketing. Recent years have seen a trend toward brands bringing various marketing functions in-house, whether it’s programmatic media, creative, data analytics or technology. But now, that pendulum is…

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06/14/2019

Congratulations! Your bank is now a tech company

Mastering your AI project means aligning the right resources. Resources. They’re one of the biggest decisions your bank will make in its artificial intelligence (AI) program. In-house or outsourced? FinTech or consulting firm? Ongoing relationship or project-based? There’s no single path to success. Most financial institutions (FIs) will leverage a combination of internal talent, external…

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05/29/2019

Four strategies to make your bank’s first AI project a success

Early adopters emphasize quick wins and cross-functional collaboration. Artificial intelligence (AI) is rapidly moving mainstream, with mid-sized financial institutions (FIs) ready to realize its benefits. To set up your first AI project for maximum efficiency, ROI and impact, we’re sharing tips from early adopters. Many of these lessons learned come from leading banks who participated…

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