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The undeniable trends shaping banking

first_imgExpect the unexpected. That’s the world we live in today, especially for those of us in financial services. The only thing advancing faster than technology is consumer expectations, and keeping up with those expectations is a necessity. Because if we don’t, someone else will. New entrants are redefining financial experiences and challenging incumbent financial institutions by driving technological innovation in pursuit of meeting changing consumer expectations.This week, Fiserv is taking part in Money20/20, which has quickly become one of the premier events for payments and financial services innovation. I was invited to share my thoughts on the trends impacting banking with the Money20/20 audience and discussed the top areas I believe are critical for financial institutions. Counting down the top four:4. Power of AnalyticsThere is no shortage of data today, and volume is growing exponentially – of all the data in the world, 90 percent has been created in the last two years. Analytics provides the power to turn the sea of transactional data that financial institutions already possess into actionable information. continue reading » 79SHARESShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblrlast_img read more

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