With consistent new developments in technology, digital banking was already constantly changing. Now, with the “new normal” caused be the COVID-19 pandemic, digital banking has to evolve even further in some areas. According to research found in the 2019 Digital Lending Review,
ATLANTA, April 29, 2020 – Xtensifi, a digital consulting and development firm that enables financial institutions and fintech providers to create and execute their mobile and online strategies, announced it was selected by Breach Clarity, a fraud prevention and detection technology firm that provides consumers and financial institutions with a
Banks and credit unions that diversify their offerings have achieved great success in serving their customers and members. Some of these products are created in-house and others are offered through partnerships with third parties. By offering a full range of banking products, these firms have forged strong relationships with the
Atlanta, GA, April 6, 2020 – Xtensifi, a digital consulting and development firm that enables financial institutions and fintech providers to create and execute their mobile and online strategies, announced it has joined Financial Data Exchange (FDX), a non-profit organization to unify the financial sector around the secure exchange
Atlanta, GA, April 1, 2020 – Xtensifi, a digital consulting and development firm that enables financial institutions and fintech providers to create and execute their mobile and online strategies, announced its new open banking consulting service for both financial institutions and financial technology firms. Xtensifi enables banks and credit unions
As the world continues to wage its battle against the COVID-19 virus, strategic planners in every industry are assessing the most likely outcomes and making plans to ensure the delivery of necessary products and services to consumers.
While a lot of attention has been focused on essential
As we enter the next decade, industry executives are becoming more comfortable with the concept of business transformation. In fact, it is becoming clear that unless traditional businesses evolve, they won’t be able to compete with new natively digital offerings. This is particularly true in financial services where fintech firms began
On January 13, Visa announced via a press release that it would acquire Plaid, which the company described as “a network that makes it easy for people to securely connect their financial accounts to the apps they use to manage their financial lives.” Visa agreed to pay $5.3 billion for
The open banking platform will eventually change the entire banking ecosystem – from the products and services offered, to the delivery channels and third-party partnerships. These changes will affect and redefine customer experiences and expectations. Third-parties will have the ability to use customer’s shared data to identify the best financial
Chatting with a computer through a company’s website is not really a new technology. The first chatbot was developed at MIT back in 1966. It was called ELIZA and is considered the mother of all chatbots. The tool used a decision tree to answer simple questions for users without human