Customers are seeing personalised offers in their social media feeds and on their retail sites. Many wonder why they don't see the same from their bank and financial services providers. Thanks to new technologies like GenAI and related regulations around open banking, data protection and the use of AI, banks can finally create ecosystems focused on tailored services for different customer segments. Is this another step towards greater customer-centricity in financial services? To find out more, read our article: https://lnkd.in/e-FjMRHY #banking #hyperpersonalized
Sia Partners’ Post
More Relevant Posts
-
Combining GenAI, analytics, customer data and client segmentation, top retail players are dynamically anticipating clients needs to offer ultrapersonalization from products, pricing, services. Anticipate and maintain behaviors comes with a cost in data and technology. At Sia Partners we believe that CRM and real time data should be at the core of retail banking development. #genai #retailbanking Camilo Ramirez Mike Booth Hassan Naveed Eugene Lo Nai Zhiyun Helina Lo Vincent Kasbi Nolan Kam Jeremy Fetiveau Sang Joon Ahn
Customers are seeing personalised offers in their social media feeds and on their retail sites. Many wonder why they don't see the same from their bank and financial services providers. Thanks to new technologies like GenAI and related regulations around open banking, data protection and the use of AI, banks can finally create ecosystems focused on tailored services for different customer segments. Is this another step towards greater customer-centricity in financial services? To find out more, read our article: https://lnkd.in/e-FjMRHY #banking #hyperpersonalized
-
-
Fintech | BAAS | BAAP |API Open Banking | Digitalization | Global Transaction Solutions | Cash Management | Liquidity | Product Management | Corporate Banking
Excellent Insight Hanouf Abdulelah Bin Saeed Certainly Traditional Banks shall Shift their Operating & Implimenting Business Models. Time for Smart Digital Innovations!
Strategic Partnerships Expert | Stakeholder Engagement Specialist | International Relations Professional
Largest banks are revolutionizing digital banking, making it seamless. Opening new accounts is a breeze on any device, removing all the hassle. With voice access to balances, transactions, and support, they're setting a new standard. Using AI and customer behavior, they predict future needs. Banking can learn from tech giants to offer modern services. #futureofbanking #vision2030 Reference book #Bank4.0 by the brilliant author Brett King
-
-
The Opebank revolution needs flexible API Connectivity! Absolutely, Open Banking is on the cusp of transforming the way we experience financial services globally. With its inception spurred by the European Commission's directive in 2018 and echoed by initiatives like the UK's CMA, it's set to empower customers with unprecedented convenience, choice, and security. The mandate to open up customer channels and data to competitors has set the stage for a revolution that promises to reshape the industry landscape. According to Polaris Market Research, the Open Banking market was valued at $16.14 billion in 2022, with an astounding projected growth rate of 26.8% annually. By 2030, it's anticipated to soar to an impressive $1.34 trillion, offering immense opportunities and driving innovation in the coming years. This transformative wave is not just a shift in banking services; it's a paradigm shift in customer empowerment and financial accessibility. Stay tuned as we witness this evolution unfold and revolutionize the way we bank and interact with financial services. #OpenBanking #FinancialInnovation #CustomerEmpowerment #AI #digitaltransformation
-
Check out our latest report: THE AI-ENABLED BANKING ERA: Digital Banking Experience Missed our latest report? Don’t have time to read our in-depth content right now? No worries! You can get the essential insights from our sleek, easy-to-digest infographic. CLICK ON THE GRAPHIC below for a quick overview of how AI is transforming the banking sector, from shifting customer trust dynamics to reimagined careers to emerging competition from Big Tech disruptors. AND TAKE A DEEPER DIVE WHEN READY… The full report is waiting for you, packed with detailed insights and actionable recommendations. Download the full report: https://lnkd.in/eXzADGx5 And visit our websites to learn more about what we can do to help your business ride the AI wave. #GenerativeAI #AIinBanking #TheWorldIsHowWeShapeIt #FutureOfBanking
-
Check out our latest report: THE AI-ENABLED BANKING ERA: Digital Banking Experience Missed our latest report? Don’t have time to read our in-depth content right now? No worries! You can get the essential insights from our sleek, easy-to-digest infographic. CLICK ON THE GRAPHIC below for a quick overview of how AI is transforming the banking sector, from shifting customer trust dynamics to reimagined careers to emerging competition from Big Tech disruptors. AND TAKE A DEEPER DIVE WHEN READY… The full report is waiting for you, packed with detailed insights and actionable recommendations. Download the full report: https://lnkd.in/e2ATsQYj And visit our websites to learn more about what we can do to help your business ride the AI wave. #GenerativeAI #AIinBanking #TheWorldIsHowWeShapeIt #FutureOfBanking
-
Welcome to the final day of FinovateSpring! Today we have all the insights 💡 Keynotes, panel sessions, roundtables, a credit union spotlight and fireside chats 🙌 This afternoon we split into even more specialized sessions so there’s something for everyone and in-depth insights. Find out more on #AI, future #payments, future #banking, #CX, open banking and future #lending with industry experts!
-
Top 5 Retail Banking Influencer, Global Speaker, Podcast Host and Co-Publisher at The Financial Brand
Staying top of mind is the new norm in our hyper-connected era. The customer journey doesn't end after the first encounter—it's a continuum. Through data, AI, and open banking, businesses orchestrate constant connections, ensuring no one feels ignored in a world brimming with options. #CustomerJourney
-
Strategic Partnerships Expert | Stakeholder Engagement Specialist | International Relations Professional
Largest banks are revolutionizing digital banking, making it seamless. Opening new accounts is a breeze on any device, removing all the hassle. With voice access to balances, transactions, and support, they're setting a new standard. Using AI and customer behavior, they predict future needs. Banking can learn from tech giants to offer modern services. #futureofbanking #vision2030 Reference book #Bank4.0 by the brilliant author Brett King
-
-
The Future of Banking in a World of Digital Ecosystems. Bankers believe that new technologies like artificial intelligence will have the biggest impact on the way people conduct their banking in the next five years, according to research from Economist Impact. As consumers increasingly accept embedded banking solutions from a wider variety of nontraditional players, banks and credit unions must focus even more on customer experiences to differentiate offerings. Source: The Financial Brand By Jim Marous, Co-Publisher of The Financial Brand, CEO of the Digital Banking Report, and host of the Banking Transformed podcast https://lnkd.in/giK5jWFP #artificialintelligence #AI #digitalization #banking #digitalecosystem #futureofbanking
-
-
Check out our latest report: THE AI-ENABLED BANKING ERA: Digital Banking Experience Missed our latest report? Don’t have time to read our in-depth content right now? No worries! You can get the essential insights from our sleek, easy-to-digest infographic. CLICK ON THE GRAPHIC below for a quick overview of how AI is transforming the banking sector, from shifting customer trust dynamics to reimagined careers to emerging competition from Big Tech disruptors. AND TAKE A DEEPER DIVE WHEN READY… The full report is waiting for you, packed with detailed insights and actionable recommendations. Download the full report: https://lnkd.in/eWTGct8F And visit our websites to learn more about what we can do to help your business ride the AI wave. #GenerativeAI #AIinBanking #TheWorldIsHowWeShapeIt #FutureOfBanking
