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Business Banking

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21 Sep
2017

Posted by
Chris Monaco

Converting AI into ROI: A Banking Strategy

A few months ago we looked at Accenture’s Banking Technology Vision 2017, and of the report’s numerous highlights, those centered on AI were particularly noteworthy: Seventy-nine percent of respondents agree that AI will revolutionize the way banks gain information from and interact with customers Twenty-nine percent believe it is extremely important to offer their products/services…

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31 Aug
2017

Posted by
Chris Monaco

Why Financial Services Firms Should Attend Seismic Shift

On October 2 hundreds of Seismic customers will converge on downtown San Diego for Seismic Shift, the annual three-day conference for platform best practices, new product announcements, and networking. But you already knew that, and you want to go, but first, you have to sell the dream. We get it, which is why the following…

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24 Aug
2017

Posted by
Chris Monaco

Delivering a Digital Banking Experience

The evolution of banking is at a major inflection point. With the groundwork for diminishing returns in play, it’s imperative for banking institutions to consider new technologies and digital pathways that will allow them to compete in an age of low rates and, more critically, provide current customers with an efficient, omni-channel experience. In a…

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27 Jul
2017

Posted by
Chris Monaco

Sales Enablement and Fintech in Banking

Let’s talk sales enablement. Let’s talk fintech. Let’s talk about the potential of both within banking. And make no mistake; they are not mutually exclusive. EY recently released a pair of reports on the rise of fintech and how its growth can be nothing but beneficial for banks and their clients and customers. The caveat,…

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29 Jun
2017

Posted by
Chris Monaco

Women in Finance and the Changes We Want to See

Today marks the start of a new monthly series for this blog, one that focuses on the topics and people advocating for and propelling the advancement of women in finance. Seismic’s Jillian Hughes will be our immersion journalist, relaying her insights, experiences, and discoveries from each panel, dinner, seminar, or cocktail hour related to women…

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15 Jun
2017

Posted by
Chris Monaco

Highlights from PwC’s 2017 Digital Banking Survey

The third installment of this blog’s banking report series looks at the impact and trajectory of what PwC calls the omni-digital age. Whereas the EY authors took a high-level survey of global banking in 2017 and Accenture’s report a tighter evaluation of technology’s place within the industry, this piece is primarily concerned with evolving consumer…

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18 May
2017

Posted by
Chris Monaco

Accenture’s Banking Technology Vision 2017

Last month Seismic explored the findings of EY’s 2017 Global Banking Outlook—a report highlighting what the consultancy sees as five strategic priorities for banks over the next year. Here we are three weeks later, and another look at industry trends has taken the form of Accenture’s Banking Technology Vision 2017. Only this time, as the…

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20 Apr
2017

Posted by
Chris Monaco

EY’s Global Banking Outlook for 2017

With articles questioning the role of traditional bank branches, and bylines encouraging institutions to adopt AI and machine learning technologies, 2017 is considered by many to be a pivotal year for banking—a year of action and regeneration. Gauging what lies ahead for an entire industry is no easy task, but EY recently released its 2017…

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2 Mar
2017

Posted by
Chris Monaco

Are Banks the Innovators Financial Services Needs?

Recently, The Financial Brand featured a piece on the future of AI, data analytics and machine learning in banking. Quite the popular topic as of late, it seems once that glittery crystal ball touched down in Times Square, the financial services world turned its attention to the promise of budding technologies like AI. While the…

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26 Jan
2017

Posted by
Chris Monaco

The Proliferation of AI and Automation in Banking

As investigations into Wells Fargo’s systemic banking fraud continue, new findings show that retail branches were given notice of internal audits a day or three in advance of them taking place. This allowed for managers and employees to scrub, purge and modify documents and data, which, by most firsthand accounts, probably looked something like this….

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