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AI And ‘Side Effect’ Data Improve Business Banking Services For Corporates

PYMNTS

Contextual banking will change the way traditional financial institutions (FIs) interact with their business clients. This type of information, she said, feeds artificial intelligence (AI) models and answers questions such as “what’s the probability that a company with 70 employees will be engaging a real estate broker in the next six months?”

Banking 88
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How Banks Can Protect Themselves from Losing Customers

FISPAN

It wasn’t long ago that banking customers would remain loyal for life. Historically, financial institutions have made it difficult for people to open accounts elsewhere, and there wasn’t much of a differentiation between what banks offered anyway. Indeed, the urgency for banks to evolve has never been greater.

Banking 72
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905: The Future CFO Among Us | Sruthi Lanka, CFO, Public.com

CFO Thought Leader

” “This was all lost on me as an engineer,” recalls Lanka, who would return to school for an MBA and subsequently open her next career chapter as an investment banker. With Royal Bank of Canada, Lanka advised clients during pivotal moments of their company’s trajectory.

CFO 52
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How Visa, FIS, TCH, SWIFT, Nacha and Circle See The Future of Faster, Real Time Payments Rails

PYMNTS

With the current state of economic upheaval, the ongoing pandemic and the great digital shift, corporates and financial institutions are racing to digitize and modernize payment flows and back-end processes. Moving Beyond ACH . Real time and the ACH network can actually work together to displace paper checks.”

B2B 125
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Shoring Up FIs ‘Deteriorating Advantage’ Over Big Tech

PYMNTS

Big Tech vs. big banks. Conventional wisdom seems to hold that challenger banks will eat traditional financial institutions’ collective lunch in the race for deposits, for checking, even for credit cards. In that mindset, banks, laden with entrenched legacy systems, with disparate platforms — call it big infrastructure! —

Banking 64
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AI = BS | naked capitalism

CFO News Room

What’s the most likely diagnosis?” What’s the most likely diagnosis? That’s what that is going to be.” Because on the Boards, that’s what that would be, right? So I asked, “What’s the ddx?” What’s the differential diagnosis? By Lambert Strether of Corrente. This is very easy to prove.

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Transcript: Jenny Johnson, Franklin Templeton

Barry Ritholtz

So since we’re talking about weather, aside from the weather, what are the cultural differences like, especially in finance? Because California finance, very different than New York finance culturally.  The transcript from this week’s, MiB: Jenny Johnson, Franklin Templeton CEO , is below.