Raja Rajamannar

Explore how our Modern Banking Platform untethers commercial from retail banking, delivering bespoke experiences where staying ahead means leveraging the latest technologies to meet the heightened expectations of your commercial clients. 💡 Are you ready to guide your bank into its next chapter? Join us at FIS Emerald. http://spr.ly/6047jaFNF #FISEmerald2024 #DigitalBanking #FinancialInnovation #FinTech #BankingSolutions

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Our latest report, created in partnership with American Banker , dives deep into the evolving expectations of consumers and the digital payment solutions FIs are racing to implement. 📊🔍 Understand how financial institutions are embracing AI, faster payment solutions and mobile channels to meet ongoing consumer needs. By exploring these trends, you'll gain the knowledge needed to grow your payments business and effectively combat fraud risks. 📥 Download report now: https://lnkd.in/dRd7vTPs

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Empower your customers to upgrade their home with payment solutions that fit their budget. Don’t lose out on the 56%* of consumers your current solutions don’t fit. Explore the American First Finance B2B opportunities today. Start Today: https://myaff.us/ypjzk04v #PaymentSolutions #NewCustomers #AmericanFirstFinance

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The Capital One-Discover Financial Services deal: What does J.D. Power data suggest? J.D. Power data reveals potential underlying synergies between the two brands. “It is true that both companies have fewer affluent consumers than some competitors,” says John Cabell, managing director of payments intelligence at J.D. Power. “But Discover customers are likely seeking another card with Capital One that may be a Visa/Mastercard product to ensure ubiquitous card acceptance and rich rewards, whereas Capital One customers may be seeking another product with the reputed consumer financial care offered by Discover.” Learn more from Tearsheet: https://hubs.la/Q02ykGkT0 #CapitalOne #DiscoverCard #CreditCards #Credit #Acquisition #AcquisitionNews #Payments

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🎥 Explore the future of digital banking with Chase. 🚀 As digital banking continues to rise, users are finding innovative ways to engage with their mobile banking apps. Sonali Divilek, Head of Digital Products and Channels at Chase, shares some key insights: 📊 In 2023, Chase saw a 10% increase in mobile app usage, with 54 million active users. Customers are using their phones not just for banking, but for booking travel and redeeming points. In 2024, Chase expects increased use of AI for customer inquiries and personalised recommendations. In response to these developments, Chase has released new financial health tools: 📈 Score Planner: It provides personalised plans to improve credit scores. Over 1.5 million users have utilised this tool, achieving an average credit score increase of 20%. 📱 Spend Planner: It helps users track spending and create budgets, ensuring better financial management. 🔗 Learn more: 👇 #DigitalBanking #Fintech #Innovation #AISandbox #FintechTrends NayaOne

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54% of U.S. adults want financial providers to leverage their financial data to personalize their experience. However, 44% either said no or weren’t sure when asked if they believe financial providers are doing so. Check out these stats and graphs about consumer desire and demand for personalized money experiences: https://lnkd.in/gj2tU2uS

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After a robust FY24, credit offtake moderates in April 2024 Personal loans remain the largest segment; the y-o-y growth rate of the industry loans declined to 7.4% from 9.0% in March 2024, but showed an increase from 7.2% recorded in April 2023. #personalloans #industryloans #creditofftake #fy24 https://lnkd.in/eQpMHx2G

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To remain competitive in today’s banking environment, marketing strategies must emphasize consumer-centricity, personalized experiences, omnichannel integration and the agility to quickly adapt to ever-changing consumer preferences. In a recent article in Finopotamus, Ignite Sales' Co-founder and CMO Barbara Boe expands on this topic and discusses why credit unions must strike a balance between AI and the human touch. Read the full article here: https://lnkd.in/efF62MRX Want to learn more? Schedule a demo with our team today! https://lnkd.in/e4cmtPFQ #AI #ArtificialIntelligence #CreditUnions

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As FIs work to improve their unit economics even as regulations and occurrences like the Visa/MasterCard settlement restrict interchange revenue, cashback rewards programs can be a strategic and effective solution. Learn how online shopping rewards programs, like those powered by Wildfire's bank-grade rewards platform, can effectively boost banks' unit economics in our blog post: https://hubs.la/Q02sYLhn0

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What happens when we shrink the settlement cycle by one day as required by T+1? In our latest State of the Regs blog, we dive into this topic to examine the challenges the industry is facing: http://ms.spr.ly/6048Ys8Fy #T1

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Earth Day is an important reminder to appreciate our natural environment. In doing so, we must acknowledge that working toward a more sustainable future requires a collective effort from individuals, businesses, and governments to create real change. I am proud of our work at Mastercard to preserve our planet for future generations. As noted in our latest ESG report, a few of our key environmental initiatives in 2023 included funding the restoration of 17 million trees through the Priceless Planet Coalition — with the goal of funding over 100 million trees by 2030. And we announced accelerated efforts to eliminate first-use, PVC plastics from payment cards in our network by 2028. What many people don’t know is that marketing is one of the top sources of Scope 3 carbon emissions for most companies. We are establishing new sustainability best practices and benchmarks — for our company and the industry. We only have one planet — let’s take care of it before it’s too late. Learn more about our ESG initiatives in the full report: https://lnkd.in/gKf_MvzC (https://lnkd.in/gKf_MvzC)

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At #FISInvestorDay, we shared how we’re modernizing our #corebanking technology to provide you with innovative solutions for your clients while growing your revenue. Learn how our #Banking solutions can continue to grow your business at scale: http://spr.ly/6042jW28n

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Great insight on the relevant adoption models for digital capabilities in today's ever evolving banking market.

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Merchant-funded offers are a game-changer for banks and credit unions in today's fiercely competitive financial landscape. These offers, 100% funded by merchants, empower financial institutions to incentivize consumers to shop with their preferred brands—and the results speak volumes. Research indicates that 65% of consumers develop stronger loyalty to their card provider through these initiatives. At ampliFI, our merchant-funded offers provide cardholders with access to over 45,000 national and well-known merchants, offering a diverse array of options to choose from. These exclusive offers are seamlessly integrated into your program and can only be accessed using your rewards card, keeping your card top-of-wallet and reinforcing the value of your program. Connect with our team at sales@amplifiloyalty.com to learn more about how the right loyalty program can elevate your cardholder’s experience and drive retention and satisfaction.

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