Blog: Banking

How Banks Can Leverage Artificial Intelligence
How Banks Can Leverage Artificial Intelligence

Artificial Intelligence Banking

Are banks ready for artificial intelligence? Digital transformation has been a hot topic in banking circles for decades. But many are still trudging through the transformative tech of the late...

March 2, 2023
Does your bank have a fintech strategy?
Does your bank have a fintech strategy?

Banking

With fintech companies offering convenient digital and mobile banking solutions, banks need to stay ahead of the curve by developing a fintech strategy that not only incorporates these new...

February 8, 2023
The Benefits of Offering Omnichannel Account Opening for Your Bank
The Benefits of Offering Omnichannel Account Opening for Your Bank

Banking

If you're a banker, you know that offering omnichannel account opening is one of the best ways to serve your customers. By definition, omnichannel account opening allows customers to open an account...

November 28, 2022
Banking-forms
Improving the Customer Experience in Banking

Banking

Banks need to profit as much as possible while providing consumers with convenient services. Perfecting your digital onboarding strategy can greatly improve the customer experience in banking.  It...

August 2, 2022
live-identity-verification-workflow
How to leverage live identity verification in automated workflows

Banking

Live identity verification is a process that uses real-time data to confirm the identity of a person or entity.  Most commonly, LIV integrations are used to verify the identity of a person or entity...

June 22, 2022
Digital Onboarding in Corporate Banking
Digital Onboarding in Corporate Banking

Banking

Open the banking app on your phone, and one thing is clear: you can do just about anything quickly. Yet, slide over to the suite of corporate banking tools and things feel markedly different....

March 15, 2022
KYC
Increasing Automation in the KYC Process

Banking

An effective Know-Your-Customer strategy involves finding the right balance of procedures, so innocent applicants don’t have to struggle through unnecessary paperwork and swamp banks with...

February 22, 2022
Digital Transformation Banking
5 Ways to Tackle the Threat of a Legacy Banking System

Banking

Legacy banking systems have an impressive 60-year foothold that’s losing its grip with the modern customer — and opening a great opportunity for innovation. Traditional banking mainframe...

February 17, 2022
customer onboarding in banking
New Customer Onboarding in Banking

Banking

A new customer onboarding process is a highly effective way to strengthen relationships. If your bank or credit union does not have a well-defined onboarding procedure, it misses significant growth...

January 20, 2022
account-opening-process
8 Steps for Evaluating Banking Account Opening Products

Banking

Customer identification is the first and most crucial step in a bank's account opening process, essential in preventing financial crime and money laundering.  In addition, anti-money laundering...

December 3, 2021
business-process-automation-banking
Business Process Automation (BPA) in Banking

Banking Business Process Automation

Business process automation (BPA) in banking is redefining the very nature of the customer journey. Customer expectations have grown towards a digital-first mindset, which has expanded from...

November 29, 2021
customer onboarding in banking
A Guide to New Customer Onboarding in Banking

Banking

Digital experiences are the new standard that demands better from every industry — especially banking. While banks take the opportunity to digitally revamp their front-end onboarding journey, some...

October 18, 2021
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