This Week’s Reads: Digital Banking, Innovation and Payments

Below are interesting stories the staff has been reading over the past week.

Articles via The Financial Brand, Business Insider, Mobile Payments Today

  • Reality checks for community banks switching to a digital model: There is a lot of talk about digital banking however, not all digital banking falls under the same umbrella. Community banks must examine what cultural, operational and marketing shifts will happen when they adopt digital banking initiatives.
  • Wall Street banks want robots to do more and more of their business: As technology continues to develop and make its way into the financial services industry, big banks are cutting jobs and expanding their online presence.
  • Will consumers adopt Facebook’s ‘Buy’ button?: Facebook recently announced that it’s launching a new “buy” button which will allow consumers to easily purchase items from articles that they share. This shows how companies continue to innovate in the payments space and could also create additional opportunities for financial institutions to do the same in the future.  

What have you been reading? Let us know in the comments section below or Tweet @bankingdotcom.

Written by Staff