Andy Lennon

Financial institutions are struggling to meet Gen Z where it is, with products, experiences, and messaging that resonate with the younger set. That can change if FIs can think more creatively around data, personalization, inter-generational marketing, and other acquisition strategies. Mahesh Raghavan, Associate Managing Director of Strategy at Publicis Sapient, shared some strategies for financial firms, at the Tearsheet Gen Z Symposium held recently in NYC, aiming to develop services and products that resonate effectively with the Zoomer demographic. Raghavan highlighted five key strategies that fewer fintech companies like Greenlight are effectively using to engage with the Gen Z demographic, which traditional firms are not fully leveraging. Listen to the full discussion: https://lnkd.in/dcg8stE5 #genz #financialservices #untappedstrategies

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In 2024, financial inclusivity means access to cash. As consumer preferences continue to evolve and change, FIs can stay steps ahead with technology, efficient staffing and higher branch functionality. https://bit.ly/3QNsgpX #AccessExpanded #cash #financialinstitutions

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Join industry leaders from FIS, Delta Airlines, and PWC for an insightful fireside chat on how organizations are revolutionizing their payment processes using a payment hub. Discover valuable strategies to improve efficiencies, reduce costs, increase visibility, mitigate fraud risks, and gain deeper insights into cash positions. Register now to secure your spot: http://spr.ly/6041bTTmZ #payments #iso20022 #banktransformation #fintech #firesidechat

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Fast payments demand faster fraud tools 🛠️ It’s not as if accelerated payments are some kind of invincible superhero. They too have vulnerabilities with the speed they work at. Financial institutions are quick to adopt these tools. They will have to be even faster to adopt adequate security solutions to ensure they remain on course. In PYMNTS they showcase how FIs are treating security with fast payments and where gaps exist. #Payments #Fraud #InstantPayments

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At #FISInvestorDay, we shared how we’re modernizing our #corebanking technology to provide you with innovative solutions for your clients while growing your revenue. Learn how our #Banking solutions can continue to grow your business at scale: http://spr.ly/6042jW28n

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I am thrilled to share that I will be on this webinar with industry peer Chloe Jenkins discussing all things #ISO20022, the challenges, the benefits, the future of payments. Register via the links in the post below

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Just published! The FPC Real-Time Recurring Work Group, sponsored by BNY Mellon, has released its latest industry resource – Navigating Instant Recurring Payments: Consumer, Business, and Financial Institution Perspectives report. Download from the FPC’s Knowledge Center: https://bit.ly/4bufm8i #FPC #FasterPaymentsCouncil #FasterPayments #RealTimePayments #InstantPayments

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Automation and AI are helping #healthcare companies drive more efficient #data collection and analysis. Track your #reconciliation inventory and gain a deeper view into your customers’ and patients’ needs, preferences and behavior. http://spr.ly/6044gSw8C

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Financial Institutions look to advanced technologies to protect faster payments. Accelerated payments are vulnerable to fraud, with funds often irrecoverable due to their speed. Real-time solutions are emerging to offer convenience while proactively protecting customers from fraud. 78% of financial institutions (FIs) and businesses prioritize faster payments. AI and ML technologies effectively secure faster transactions by identifying minute discrepancies and patterns. They can detect payments fraud by continuously monitoring financial transactions, identifying fraudulent login attempts, anomalous transactions, and suspicious accounts. Their learning capacity improves the ability to spot unusual payment behaviors and detect account takeover fraud.

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Fitch Ratings highlights a silver lining in U.S. banks' 1Q24 results, with cautious optimism for sustained fee income improvement. However, challenges like rising deposit costs, weak loan growth, and regulatory uncertainty persist. As banks prioritize fee income growth, the need for a modern revenue management and pricing system becomes more critical than ever. If you would like to learn how Oracle can help you prioritize fee income, please message me. https://lnkd.in/en9DKTxP #feeincome #financialservices #RevenueAssurance #banking #ORMB #financialservices #revenuemanagement #betterrevenuemanagement #revenuegrowth

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Technology and analytics have become central to staying competitive in #TreasuryManagement. The CBA annual conference included a session on this topic with insights from several banks, which was highlighted in BankNews. https://hubs.la/Q02FVgx10 #FintechRocks #FintechPR #YPRClient

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FIS launches Digital One™ Flex Mobile 6.0, and enhanced #mobile #banking application tailored for #financial institutions to meet the evolving demands of customers as #digital experiences continue to change 📱 Read more here: http://spr.ly/6047eBVad

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Banking is changing fast. FIs must transform to meet demands and expectations of today’s consumers, or risk losing share. The Galileo Consumer Banking Report by Datos Insights gives a snapshot of how banking habits are shifting and how FIs should adapt. Get data on what your customers are doing and what they value most: https://lnkd.in/gd3hmMP2

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Regulatory Storm in BaaS: With 12 sponsor banks now facing regulatory trouble, learn about the common compliance lapses and third-party risks in the BaaS industry. How can banks navigate this? #BaaS #CCGCatalyst #BankingResearch How BaaS Compliance Normalizes: Tyler Brown https://lnkd.in/gPGFaUGh

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Explore how our Modern Banking Platform untethers commercial from retail banking, delivering bespoke experiences where staying ahead means leveraging the latest technologies to meet the heightened expectations of your commercial clients. 💡 Are you ready to guide your bank into its next chapter? Join us at FIS Emerald. http://spr.ly/6047jaFNF #FISEmerald2024 #DigitalBanking #FinancialInnovation #FinTech #BankingSolutions

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