Many of our customers tell us they have Big Data initiatives under way or are planning them in the near future. Like the terms “CRM” or “Web 2.0” the term “Big Data” means many things to many people. Along with all the hype around Big Data, there is also some doubt amongst financial institutions. As experts […]
Posts Tagged ‘Banking IT’
Top 5 Technology Trends in Financial Services – October 2012
Trying to stay ahead of the curve when it comes to IT issues is a challenging task. Emerging technology forces in the financial services industry are already impacting business. The convergence of these forces does present challenges; however, it also provides a window of opportunity for financial institutions to elevate business performance and gain a […]
BI Implementation Challenges in Financial Services
We’re hearing a lot about the benefits of Business Intelligence and Analytics in the financial services space. BI helps organizations gather real-time customer insight that can be used to better understand customers’ transaction patterns and preferences. BI also supports governance, risk and compliance processes for financial services firms. In summary, BI delivers smarter outcomes for banks across […]
Seeking a “Digital Edge” to Create Value in Financial Services
I was following some of the live tweets from technology professionals attending Gartner Symposium/ITxpo in Orlando today. Much of the discussion at the event is around helping CIO’s and IT leaders focus their attention on growth, cost reduction and competitive advantage – all while filtering out the noise around disruptive technologies like cloud, social, mobile […]
Social Engagement to Enhance Customer Service
I recently blogged on using social for customer service. Most of that post focused on listening. I want to focus this post on the engagement portion. I’ll break it down by some common sense items you need to think about, policies you may need to modify, and then note some of the tools you could […]
6 Great Financial Services & Banking Technology Infographics
Who doesn’t like infographics? Infographics are not only engaging and easy to share via social media, but they provide data visualization for content that would otherwise be information overload. The financial services industry is complex and often a rapidly changing industry with new technology innovations and banking strategies. I thought I would take the opportunity […]
FinTech Trends from BAI: Payments, Mobility and Engagement – What About Data?
This year was Perficient’s first year exhibiting at BAI Retail Delivery and there was a lot to take in from the event! As we prepared for the conference and I worked on messaging, we knew our financial services technical capabilities were in-tune with the major topics being discussed at BAI. What we were suprised by was the […]
Outlook on BAI Retail Delivery 2012
Next week Perficient Financial Services will be heading to BAI Retail Delivery in Washington D.C., along with more than 1,800 attendees and 200 exhibitors to exchange information on banking strategies and technology trends transforming the retail banking industry. If you’re in town for the conference, we’d love to have you stop by to talk tech with the […]
Mobile Payments Resources – New White Paper and On-demand Webinar
Today I was reading a guest article on Bank Systems & Technology from Gary Greenwald, Citi’s managing director of digital money services, on the subject of banks tackling mobile payments and other digital initiatives. He was commenting on Citi’s effort around creating a new business called “Citi Enterprise Payments” and how he was tasked with […]
Can Social Media Improve a Bank’s Customer Service?
While social media can have a large impact on the sales and marketing side, I believe the largest potential for this type of technology lies in customer service. Like any customer service endeavor, it takes effort to address issues as they arise. This effort can be categorized in two ways: listening and responding. Listening Most banks […]
Cornerstones for an Effective Information Risk Management Program
What is the threat? Aside from competition and operating efficiency, securing customer data is the one of the key priorities facing Financial Services today. From the regulatory perspective, protecting the Personally Identifiable Information (PII) of your customer is a must while continuing to secure their related account information! From the payments industry perspective, operating agreements […]
Taking Conversation to the Next Level
So you have a number of possible tools to use in your marketing and customer relationship management. What next? Where should you invest and how? Frankly, I won’t be able to answer that question for you and banking has some industry specific needs. Instead, I want to focus on examples of engaging the customer and […]