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Video News 10.3.24
Financial Services
Innovation in Financial Services
Markets Defined by Innovation
How would you change your company’s commercial banking experience if you knew that most consumers would choose to bank with Apple or Amazon if they could?
What new partnerships and financial innovations become possible when closed legacy systems are replaced with cloud services and open APIs?
What new business models emerge when you’re able to transform available data into actionable insights for businesses and consumers?
How can you continue to drive growth through higher value financial services in a category of rapid commoditization?
Financial Services Must Continue to Innovate
At Active, we see the possibilities for financial institutions capable of integrating new technology and dynamic products and partnerships to develop new businesses and deliver a frictionless customer experience.
The path to the cloud can be cloudy. While the need for digital transformation to drive growth is abundantly clear, the path to get there often is not. Moving to the cloud from a patchwork of legacy systems can pose significant risk and prove cost prohibitive to do all at once.
Delivering frictionless experiences requires cultural transformation. How does a historically rigid financial services organization become a master at delivering seamless customer experiences overnight? How do you move forward when the funding needed for financial innovation exceeds what the budget will allow?
Big financial services industry challenges, indeed. Challenges we can help you turn into opportunities.
To Deliver Even Greater Returns
Enable customer transactions at the speed of thought. Business and consumer expectations for seamless experiences are forever changed. It’s no longer about bridging the gap between physical and digital. It’s about eliminating it altogether.
Cultivate best-in-class partnerships. Establishing nonbank partnerships can open up opportunities to deliver a more seamless, omnichannel customer experience. How could partnerships with exceptional consumer experience brands, from Apple to Starbucks to Disney, jumpstart financial innovation in ways that build more trust while erasing all lines between physical and digital brand engagement.
Think beyond data as a business input to data as the business itself. Consider how partnerships across the financial sector could strengthen your brand’s place within the value chain? What new data-insights products and services could be created from an open platform between banks, fintech, and payment brands?
What would that industry look like?
The possibilities you could transform into positive business outcomes are endless.
Outcomes we make possible every day. Ask us how.
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