Post Tagged with: "technology"

Is Blockchain Still Blockchain If You Can Edit It?

Is Blockchain Still Blockchain If You Can Edit It?

by September 23, 2016 at 10:24 am 0 comments

This past Tuesday, we got to watch Senator Elizabeth Warren flay Wells Fargo CEO John Stumpf alive—which Twitter thoroughly enjoyed—and then Accenture announced a patent filing for a technique that allows for a blockchain to be edited—which Twitter was somewhat less enthused about. Various fintech enthusiasts like Dave Birch, whoseRead More

Fitbit Buys Mobile Payment Tech from Coin

Fitbit Buys Mobile Payment Tech from Coin

by May 18, 2016 at 12:13 pm 2 comments

Your morning runs are about to get way more “connected.” Fitbit, a popular provider of wearable technology, announced today that it has acquired mobile payment technology from Silicon Valley startup Coin. Terms were not disclosed. The company said: The deal includes key personnel and intellectual property specific to Coin’s wearablesRead More

“Predictive Analytics”: Technologies That Read Your Mind

“Predictive Analytics”: Technologies That Read Your Mind

by January 21, 2014 at 8:24 am 0 comments

There’s an app that can practically read your mind via your mobile device. The technology is called predictive analysis, and Google’s Now app is at the forefront. Other apps that utilize predictive analysis include Grokr and Osito: predicting the smartphone user’s next move. How does this work? Snippets of informationRead More

Branch image capture – Maximizing the initial investment for increased benefits

by January 6, 2014 at 4:30 pm 0 comments

By Lane Martin, Managing Principal and Priya Gupta, Senior Consultant While the benefits of implementing check image capture in branches are well-known, and the practice itself is a proven business case, how “tuned” is your bank’s strategy to maximize the impact of branch image capture and realize optimal benefits? InRead More

Digital Banking, part 3: How banks can stay competitive today and tomorrow

by October 29, 2013 at 11:16 am 2 comments

By Eric Disend, Partner What can banks do to improve their competitive position in today’s evolving financial services marketplace? To begin with, they should address these priorities related to strategy, people, technology and data. Start with the customer In setting digital strategy, it’s essential to start from the customer’s viewpointRead More

Digital banking, part 1: The importance of customer experience in the digital era

by October 1, 2013 at 4:10 pm 3 comments

By Eric Disend, Partner Digital technology is dramatically changing how banks interact with their customers. In just a few years, the financial services industry has evolved from traditional brick-and-mortar operations to online bill payment and deposits to the emerging world of mobile banking. Two trends enabled by digital technology areRead More

changeSourcing helps improve innovation and service quality

by August 7, 2013 at 8:45 am 0 comments

By Mark Reeves, Partner Innovation and service quality are critical for banks to succeed. Business and technology change initiatives play a key role in creating innovative, high-quality new products and services that can help banks meet consumer demands, comply with regulations, replace legacy systems and develop new businesses. However, most banks’Read More

Driving toward strategic change in banks

by July 23, 2013 at 4:56 pm 0 comments

By Mark Reeves, Partner Faced with a continually sluggish economy, banks continue to look for ways to improve their cost base. Many financial institutions have chipped away at run-the-bank costs but still remain unable to invest in strategic change initiatives that can provide a sustained cost differentiation over time. AddressingRead More

What do customers need in a mobile wallet?

by June 11, 2013 at 5:29 pm 0 comments

By Michael Connor, Managing Principal Financial Institutions may have the greatest advantage in creating a mobile wallet. They have the resources and existing relationships with customers and merchants to bring about real change. There are, indeed, many things working against financial institutions in their quest to develop cutting-edge solutions. BeingRead More

Paperless Transformation: Next Steps for Maximizing Benefits Across the Enterprise

by May 16, 2013 at 9:14 am 1 comment

By Marcia Wakeman, Partner The financial services industry has made great progress in recent years toward eliminating paper-driven processes. Going paperless has opened the door to more efficient operations, lower costs, improved compliance and better knowledge management. But banks still rely heavily on the physical flow of paper for customer-facingRead More