CIOApplications
static-image
  • Home
  • Applications
      • Bioinformatics
      • Business Continuity
      • Business Intelligence
      • Chatbot
      • Collaboration
      • Custom Software Development
      • CRM
      • Enterprise Reporting Software
      • GRC
      • Human Resource
      • Indoor Positioning
      • InsurTech
      • Intellectual Property
      • IT Operations Management
      • IT Service Management
      • Low Code Platform
      • Maintenance Management
      • Managed IT Services
      • MarTech
      • Master Data Management
      • Mobile Application
      • Order Management
      • Parking Management
      • Procurement Tech
      • Publishing Software
      • Remote Monitoring
      • RFID
      • Sales Tech
      • SAS
      • Software Testing
      • Task Management
      • Unified Communications
      • Workflow
      • Workplace Management
  • Verticals
      • BioTechnology
      • Construction
      • Contact Center
      • Education
      • Fintech
      • Food and Beverages
      • Government
      • Healthcare
      • Legal
      • Logistics
      • Manufacturing
      • Travel and Hospitality
      • Utilities
  • Technologies
      • Agile
      • API
      • Artificial Intelligence
      • Blockchain
      • CAD/CAM
      • Cloud
      • Cyber Security
      • Data Analytics
      • Data Center
      • Digital Transformation
      • Graphics
      • IoT
      • Machine Learning
      • Machine Vision and Imaging
      • Predictive Analytics
      • Robotic Process Automation
      • Simulation
      • Smart Labelling
  • Eco System
      • Adobe
      • Amazon
      • Esri
      • Google
      • IBM
      • Infor
      • Kubernetes Partner
      • NetSuite
      • Oracle
      • PTC Partners
      • Qlik Partner
      • Salesforce
      • ServiceNow
      • SiteCore
      • VMware
  • Vendors
  • News
  • Newsletter
  • Whitepaper
  • conferences
  • About Us
  • Specials

  • Menu
      • Business Continuity
      • Chatbot
      • Cloud
      • Collaboration
      • Contact Center
      • Esri
      • Human Resource
      • InsurTech
      • IT Service Management
      • Machine Learning
      • Manufacturing
      • Master Data Management
      • Procurement Tech
      • Robotic Process Automation
      • Salesforce
      • ServiceNow
      • Software Testing
  • Contact Center
  • Collaboration
  • Chatbot
  • Esri
  • Human Resource
  • InsurTech
  • Machine Learning
Specials
  • Specials

  • Business Continuity
  • Chatbot
  • Cloud
  • Collaboration
  • Contact Center
  • Esri
  • Human Resource
  • InsurTech
  • IT Service Management
  • Machine Learning
  • Manufacturing
  • Master Data Management
  • Procurement Tech
  • Robotic Process Automation
  • Salesforce
  • ServiceNow
  • Software Testing
×
#

CIO Applications Weekly Brief

Be first to read the latest tech news, Industry Leader's Insights, and CIO interviews of medium and large enterprises exclusively from CIO Applications

Subscribe

loading
  • Home
  • Banking
Editor's Pick (1 - 4 of 8)
left
Reshaping the Banking Experience

Reshaping the Banking Experience
Sangy Vatsa, EVP & CIO, Comerica Bank

Connected Car Revolution through Cloud

Connected Car Revolution through Cloud
Raman Mehta, CIO, Visteon Corporation

Transformative Retail Banking

Transformative Retail Banking
Sangy Vatsa, EVP & CIO, Comerica Bank [NYSE: CMA]

A Report from the Front: Transforming IT to Enable Business Strategy

A Report from the Front: Transforming IT to Enable Business Strategy
Eileen Baines, SVP & CIO, CoBank

Universal Digital Identity-How to Get it Right?

Universal Digital Identity-How to Get it Right?
Dr. Michael Gorriz, Group CIO, Standard Chartered Bank

Innovation & Governance Through Business Alliances

Innovation & Governance Through Business Alliances
Larissa Tosch, CIO, Glatfelter Insurance Group

Enhancing Banking Performance through Technology Updation

Enhancing Banking Performance through Technology Updation
Gary Kern, CIO, MutualBank

Pushing the Needle of Innovation in Banking

Pushing the Needle of Innovation in Banking
Jojo Seva, CIO, NEFCU

right

Thank you for Subscribing to CIO Applications Weekly Brief

4 Technology Innovations that Push Banks into a Post-Digital Age

By CIO Applications| Friday, December 27, 2019
Tweet

The importance of technology is more significant than ever before in banking. Competition in the market and increased expectation from the customer and digital innovations are requiring banks to embrace technologies to build winning strategies. Below are technol­ogy trends that frame the post-digital era and give banks pivotal ways to set themselves apart.

Upgraded ATMs

When introduced, first ATMs transformed the bank tech system. The coming revolution in ATMs is likely to involve contactless payments that will allow cus­tomers to conduct contactless ATM transactions using their smartphone. Few ATM innovations are already available which have biometric authentication. These technologies can help improve overall bank security by protecting against ATM hacks.

Proliferation of Non-Banks

Technology will allow banks to deliver a faster, more transparent experience to its consumers. A large portion of their resources is necessarily dedicated to se­curity, compliance, and other industry-specific requirements, which has allowed non-banks or financial service providers to flourish. Since these companies can devote a majority of their resources to financial technology and innovating rapidly and attracting tech-savvy customers.

Finance Technology

Digital Banking

The mobile and digital revolution in banking have just begun and the growth it already shows an explosive growth. Banks invest heavily in digital banking tech­nology, in which customers use mobile, web, or digital platforms for banking. Chatbots, often help customers in simple tasks such as making payments.

Wearables

Wearables are poised to change the future of the retail banking experience, according to experts. Bluetooth beacons could be sent personal greetings to cus­tomers’ smartwatches when they enter a banking location. Innovative technolo­gies are creating a lot of excitement among banking institutions. If appropri­ately incorporated, it can have a long term impact on all banking processes.

See Also: Top Banking Technology Solution Companies

Finance Technology

tag

Financial

Weekly Brief

loading
ON THE DECK

Top Vendors

Field Service 2021

Top Vendors

Previous Next
Tweets by CIOApplications

Read Also

Four Benefits of Cloud-Based Business Budgeting Software

Four Benefits of Cloud-Based Business Budgeting Software

Four Major Benefits of Green Technology in the Construction Industry

Four Major Benefits of Green Technology in the Construction Industry

Things You Should Know About Insurtech

Things You Should Know About Insurtech

AiFi Announces Partnership with Wundermart to Launch Autonomous Convenience Stores

AiFi Announces Partnership with Wundermart to Launch Autonomous Convenience Stores

Abalta's WebLink Receives Support from Genius Maps

Abalta's WebLink Receives Support from Genius Maps

iTradeNetwork Implements Walmart-Compliant ASN on its Platform

iTradeNetwork Implements Walmart-Compliant ASN on its Platform

Loading...

I agree We use cookies on this website to enhance your user experience. By clicking any link on this page you are giving your consent for us to set cookies. More info

Copyright © 2021 CIOApplications. All rights reserved. Registration on or use of this site constitutes acceptance of our Terms of Use and Privacy Policy |  Sitemap  |  Subscribe |  About Us

follow on linkedin follow on twitter follow on rss
This content is copyright protected close

However, if you would like to share the information in this article, you may use the link below:

https://www.cioapplications.com/news/4-technology-innovations-that-push-banks-into-a-postdigital-age-nid-5492.html