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Digital Banking Grows During Covid-19 As Consumers Look Beyond Their Primary Banks For Product Options
Banking Fintech Mobile Banking News

Digital Banking Grows During Covid-19 As Consumers Look Beyond Their Primary Banks For Product Options

Fintech News Desk
by Fintech News Desk0
Research by Bain & Company shows that consumers are defecting to competitor banks, seeking out convenience with more affordable products and better digital tools. Through the ongoing Covid-19 pandemic, as bank branch visits have dropped, customers have turned to digital channels for all kinds of transactions, including the purchasing of......
Syntellis Expands Breadth, Depth of Comparative Data and Other Capabilities to Help Healthcare Finance Leaders More Quickly Understand Market Shifts, Respond and Adapt
Business Fintech News

Syntellis Report Finds Financial Institutions Were Resourceful in Response to COVID-19 and Face Continued Profitability Challenges in 2021

Fintech News Desk
by Fintech News Desk0
Despite an uncertain economic climate, financial institutions showed great resourcefulness in 2020, with many indicating that existing processes and channels prepared them well to weather the impacts of the COVID-19 pandemic. Released today, Syntellis Performance Solutions’ 2021 Financial Institutions Finance and Technology Trends report explores the processes and technology financial......
Rapid Shift to Digital Banking During COVID-19 Accelerating Erosion in Consumer Trust, Accenture Report Finds
Fintech Mobile Banking News

Rapid Shift to Digital Banking During COVID-19 Accelerating Erosion in Consumer Trust, Accenture Report Finds

Fintech News Desk
by Fintech News Desk0
Banks must earn consumer trust if they hope to provide lucrative advisory services as a cornerstone of their growth strategies The replacement of in-person branch interactions with impersonal digital transactions through online and mobile channels during the COVID-19 pandemic has accelerated the ongoing erosion of consumer trust in banks, according......
While AI Has Provided Significant Benefits for Financial Services Organizations, Challenges Have Limited Its Full Potential
Fintech InsurTech News

Capgemini Press Release // COVID-19 accelerates insurance digitalization to meet customer demand: World InsurTech Report 2020

Fintech News Desk
by Fintech News Desk0
Insurers must explore new ways to build capabilities to meet the digital needs of customers as BigTechs and non-traditional players enter the insurance space, according to the World InsurTech Report 2020 (WITR) published today from Capgemini and Efma. With COVID-19 increasing customer engagement and expectations, the World InsurTech Report 2020 outlines a growing opportunity for......
Mastercard Recovery Insights: Italy, Russia and France Lead Travel & Entertainment Spending Recovery in G20 Countries
Business Fintech Mobile Banking News

Mastercard Study Shows COVID-19 a Catalyst for Digital B2B Payments Adoption

Fintech News Desk
by Fintech News Desk0
Small businesses moving to digital B2B payments for speed, security and transparency(Mastercard) As COVID-19 continues to stress small businesses financially and operationally, small business owners across North America are turning to digital services to improve cash flow and modernize their payments ecosystems. Citing speed, security and transparency, more than half......
COVID-19 and Automation are Changing Finance for Good
Business Economy Fintech Guest Posts

COVID-19 and Automation are Changing Finance for Good

Zuora AndAvalara
by Zuora AndAvalara0
It’s been more than three months since the World Health Organization declared COVID-19 a global pandemic. Since then, communities have joined together to “flatten the curve” by closing buildings, limiting social interaction, and increasing testing. Similarly, the business landscape has been hit by massive changes. Organizations across all industries –......
Everbridge Awarded Rigorous Privacy Certification for Its Critical Event Management (CEM) Solution that Helps Organizations Mitigate the Impact of COVID-19 and Other Crises
Fintech News

Everbridge Awarded Rigorous Privacy Certification for Its Critical Event Management (CEM) Solution that Helps Organizations Mitigate the Impact of COVID-19 and Other Crises

Fintech News Desk
by Fintech News Desk0
Everbridge, the global leader in Critical Event Management (CEM), announced the company achieved the International Organization for Standardization (ISO) and the International Electrotechnical Commission (IEC) 27701 certification for its compliance with globally applicable privacy best practices. The relatively new ISO/IEC certification, which launched in August 2019, comprises a meticulous certification......
Leading Canadian Mortgage Tech Company, Lendesk, Acquires Digital Mortgage Origination Provider, Finmo
Fintech News

Finmo Whitepaper Examines Relationship Between COVID-19 and the Canadian Mortgage Market

Fintech News Desk
by Fintech News Desk0
Finmo is a next-generation Digital Mortgage Platform. Mortgage professionals use Finmo to originate mortgages for consumers (borrowers). Read More: GlobalFintechSeries Interview with Brandon Dewitt, Co-founder and CTO at MX A new Finmo Financial Technologies whitepaper shows the effects of COVID-19 on the Canadian mortgage market. https://finmo.ca/resources/2020-06-17-whitepaper-finmo-mortgage-insights-mid-2020/ Because Finmo’s mortgage origination......
Experian Launches New Ascend Portfolio Loss Forecaster in Collaboration With Oliver Wyman to Help Analyze Risk and Forecast Loan Losses in the Wake of COVID-19 and Beyond
Business Fintech News Risk Management

Experian Launches New Ascend Portfolio Loss Forecaster in Collaboration With Oliver Wyman to Help Analyze Risk and Forecast Loan Losses in the Wake of COVID-19 and Beyond

Fintech News Desk
by Fintech News Desk0
Forecaster tool helps lenders make better decisions with customized forecasts and macroeconomic data Experian, the world’s leading global information services company, in collaboration with Oliver Wyman, a leading global management consulting firm, launched the Ascend Portfolio Loss Forecaster™, a new tool that uses Experian’s comprehensive data along with up-to-date macroeconomic......
Banking Featured Fintech InsurTech Investment Services

Is Covid-19 a Wake Up Call for InsurTechs?

Paroma Sen
by Paroma Sen0
Like most businesses across multiple sectors, insurance companies and insurtechs have been affected by the impact and effects of the ongoing Covid-19 pandemic. However, here’s the silver lining: insurtechs with their ability to offer different kinds of contactless, paperless solutions can actually use this time to innovate and present the......
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