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Bankjoy Launches Business Banking Platform
Digital banking provider Bankjoy recently announced its new business banking platform. The platform includes Invoicing, Payroll, Company Formation, Wire Transfers and Entitlements features.
Northern Redwood FCU Shifts Compliance & Risk Management Capabilities to NatureTrak
NatureTrak announced its newest customer is Northern Redwood Federal Credit Union. The CU said that "NatureTrak’s compliance and risk management solution allows us to effortlessly manage our cannabis accounts...."
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Nvidia Announces New InfiniBand Networking Hardware
Nvidia announced the Quantum-2 platform, a 400Gbps InfiniBand networking platform consisting of the Quantum-2 switch, ConnectX-7 network adapter, BlueField-3 data processing unit (DPU), and all the software to support the new architecture. With a three-fold performance increase in performance, data-center fabric switches can be reduced by six-fold, cutting data center power consumption and reducing the overall data center space by 7%, the company says.
Why You Should Consider Purchasing Refurbished over New Electronics
Refurbished hardware proponenets say that major cost savings can be realized by buying used equipment. Refurbished devices are usually half the price of new while often still functioning like new (they can be up to 70% off the price of new). Here are 4 things to consider when shopping refurbished: 1. What was checked and tested?; 2. What is the aesthetic state of the product?; 3. What is the return policy and warranty?; and 4. What is the company's track record?
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How Windows 11 Makes Updates so Much Smaller
For the last few years, Microsoft has been progressively reducing the size of the download for the monthly Patch Tuesday update. With Windows 11, update packages are 40% smaller than for Windows 10. That's not because there isn't much to update on a new OS (Windows 11 is really a feature update for Windows 10) but because the updates are packaged differently. Read this article if you want to know all of the details of how Windows 11 updates work.
Microsoft Teams Update Minimizes the Opportunity for Miscommunication
Microsoft is working on a new update for its video conferencing software that will allow users to see messages in chat and participants in a video call at the same time. While the introduction of chat bubbles last year enabled Teams users to see their private messages during meetings, Microsoft is now planning to make them available for group chats so that everyone can keep up with the conversations happening via text as well as those taking place in a video call at the same time.
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The ATM of the Future Will Be Much More Personalized
Even though cash use has partly rebounded, next-gen automated teller machines will increasingly be mobile-centric. ATM manufacturers are integrating more functionality for cardless transactions and mobile interaction with the machines. ATMs personalization can go beyond a personal welcome and include customized quick cash options based on the person’s ATM history. Things like knowing the user’s birthday or having the functionality to help them reset a PIN could help.
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Here is a chance to learn about real life credit union success stories from various technology vendors through the words of their clients. This week's vendor is:
and their client is:
Credit Unions - if you have a vendor that you are happy with then please This email address is being protected from spambots. You need JavaScript enabled to view it.!
Vendors - if you have a credit union that is happy with your solutions then please This email address is being protected from spambots. You need JavaScript enabled to view it. and we will give you a $100 discount on your Case Study!
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Deloitte: Don't Rule out Wi-Fi 6 as a Next-Generation Wireless Network
The future of enterprise connectivity is Wi-Fi 6, which will play a pivotal role as organizations innovate with advanced networking, according to a Deloitte prediction for 2022. They state that Wi-Fi 6 has just as significant a role to play in the future of wireless connectivity as 5G—not just for consumers, but also for the enterprise. "Unlike past generations of wireless, Wi-Fi 6 and 5G are designed to work together smoothly, and the wireless industry appears headed toward a future in which devices can roam securely and seamlessly between all types of wireless networks," the firm said.
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Why Cybersecurity Frameworks Are Crucial for the Future of Open Banking
Some observers think that open banking is set to take the financial world by storm becasue they beleive that when consumers allow third parties to access their banking data, financial companies and institutions can create more tailored products and services and drive innovation, convenience, and value. However one survey revealed that 53% of people surveyed see open banking as a “dangerous” use of data sharing. What exactly are the risks of open banking? This article cover them.
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Technology and Marketing
Best Digital-Marketing Spends for 2022
The author is convinced that the best return on your marketing spend — both time and money-wise — is digital marketing. Here are her top six 2022 suggestions for your digital-marketing spend: 1. Video marketing; 2. Social-media marketing; 3. Pay per click; 4. SEO; 5. Content marketing; and 6. It’s serving not selling.
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Benchmarking Your Digital Banking Strategy
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Access Softek - http://www.accesssoftek.com
Read Chris Doner's comments: https://www.digitalbankingleaders.com/access-softek |
Humanizing Digital: Increasing Account Holder Loyalty and Exceeding CU Goals with Smart, Flexible Solutions
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Alogent - http://www.alogent.com
Read Jason Schwabline's comments: https://www.digitalbankingleaders.com/alogent |
Digital Transformation: A Credit Union Imperative
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Bankjoy - https://www.bankjoy.com
Read Michael Duncan's comments: https://www.digitalbankingleaders.com/bankjoy |
The Digital Banking Market Is Heating Up
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CUBUS - http://www.cubussolutions.com
Read John-Ashley Paul's comments: https://www.digitalbankingleaders.com/cubus |
Three Present-Day Goals to Revolutionize Your FI’s Marketing
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DeepTarget - http://www.deeptarget.com
Read Preetha Pulusani's comments: https://www.digitalbankingleaders.com/deeptarget |
eSignatures Are Now a Top Priority Across the Nation
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IMM/eSign - http://www.immonline.com
Read Michael Ball's comments: https://www.digitalbankingleaders.com/imm |
Fight Fraud by Better Understanding Your Financial Data
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It’s Always About the People: 5 Rules for Digital Banking and Beyond
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Tyfone - http://www.tyfone.com
Read Dr. Siva Narendra's comments: https://www.digitalbankingleaders.com/tyfone |
The Cryptocurrency Payments Opportunity, a PYMNTS and i2c collaboration, reported that 75% of FIs plan to expand their support for virtual currencies over the next 12 months. As a rising number of companies and consumers tap virtual currencies for their payments and financial needs, businesses, FIs and FinTechs alike are eyeing cryptocurrencies’ potential benefits. However, changing regulations, the availability of key digital infrastructure and trust all can hamper cryptocurrencies’ adoption.
CUs Can Partner with Crypto-Providers, Other Digital Assets, NCUA Says
NCUA has published a set of guidelines aimed at clarifying federally insured credit unions’ (FICUs) authority to establish relationships with third-party providers that offer digital asset services to their members, including investments such as cryptocurrency. The 2,300-word Letter explains digital assets are one of many terms used to describe distributed ledger technology (DLT) based tokens and comes as a second credit union has announced it is offering members access to bitcoin services.
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Top SD-WAN Vendors and How They Got There
Cisco (Viptela), VMware (VeloCloud), Oracle (Talari Networks), and Palo Alto Networks (CloudGenix) have all acquired SD-WAN startups in their efforts to deliver the cloud-centric, secure networking services that organizations demand. This consolidation means customers can buy SD-WAN services from the same their trusted network infrastructure vendors, which can pay off in tighter integration and additional features. The 6 top-selling SD-WAN vendors are: 1) Cisco; 2) VMware; 3) Versa; 4) HPE; 5) Fortinet; and 5) Palo Alto Networks.
Where Is the Cloud? Breaking down the Barriers to Cloud Adoption in Banking
This article states that we have reached a crucial crossroads in the financial sector in its relationship with cloud technology – it is now down to leadership to steer the industry’s transition to the cloud and break down long-standing barriers. So how can leaders embrace the benefits of new technologies like cloud and sell it to senior leadership? This article details some cloud advantages and uses to consider.
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How to Troubleshoot Your Contact Center Scheduling Process
Some observers state that contact center management is “the art of having the right number of properly skilled people and supporting resources in place at the right times to handle an accurately forecasted workload, at service level and with quality.” This article presents a 5 question quiz which is designed to allow you to identify the strengths of your current scheduling processes as well as areas of potential opportunity.
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