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Posts tagged with "fintech disruptors"

12/30/2019

Three ways for treasury leaders to increase visibility

Elevating the function of treasury management helps strengthen its contributions As our leadership interviews have shown, treasury management stands at a crossroad. Historically, the department operated as an administrative, customer service and back office function. However, as FIs face greater pressure on fees and deposits, more competition from Fintechs and a need to modernize technology,…

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12/17/2019

Treasury’s new full-time job? Keeping pace with tech, customer expectations

Treasury leaders require more resources to innovate and compete Meeting a treasury customer’s needs is critical to a strong, long-term and profitable relationship. While this concept is not lost on the treasury leaders we interviewed in our recent whitepaper, many face a difficult predicament: How to keep up with the pace of technology and the…

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01/21/2019

Treasury management at small FIs: Juggling resources, banking on personal relationships

Small and mid-sized FIs share their views on treasury’s future To close our treasury management series, we examined our research findings by asset size of participating financial institutions (FIs). Large FIs were defined as those with $30 million or greater in assets; small and mid-sized FIs those with less than $30 million in assets. This…

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11/27/2017

It’s Time: Banks Need to Give Loyalty Program Members Access Via Mobile Apps

When was the last time you went to the grocery store, visited a library, attended a sporting event or commuted to work and didn’t see someone on a mobile device? Can’t remember? Neither can I. Mobile technology has become a critical component of American life, and banks have wisely leveraged consumers’ growing affinity for all…

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10/27/2016

FinTech Is Not Your Enemy: Debunking the Worst Myths

We’ve all heard the chatter: FinTech firms are banks’ biggest competitors in the lending and payments. FinTech is going to destroy traditional banking. FinTech is the enemy. These days, it’s rare to attend an industry conference, participate in a company meeting, read an industry publication, peruse a banking industry website or chat around the water…

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01/12/2016

Same-day or ‘Real-Time’? How the Changing Speed of ACH Payments Affects Financial Institutions

Just how feasible is the idea of “real-time” ACH payments? Might it be possible to one day create a system that moves funds as instantaneously as passing cash from hand to hand? Or will same-day transfer be the best we can do? And how will the evolution of same-day ACH payments affect the banking industry…

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