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This Week in Digital: October 18, 2019

Cooler temperatures are upon us, so kick up your heels, grab a cup of coffee, and dig in to this week’s This Week in Digital!

  • Traditional banks accelerate shift towards digital amid competitive pressures - David Jones, Mobile Payments Today, October 18, 2019

    Changing consumer preferences and competitive pressures on traditional banks are accelerating a shift towards faster digital banking transformation, as bank customers conduct more of their daily banking business online and startup fintech competitors put pressure on the financial industry.

  • Forrester’s Clarke: Digital banking is not self-service - Angely Mercado, Bank Innovation, October 14, 2019

    Banks are rushing to grow digital capabilities, but they are neglecting the digital enablers that support the overall customer experience.

  • What The Most Innovative Leaders in Banking Have in Common - Jim Marous, The Financial Brand, October 14, 2019

    What do the most innovative leaders in banking have in common? according to the Digital Banking Report’s “Innovation in Retail Banking”, they generate greater profits and higher satisfaction scores by leveraging new technologies and advanced analytics.

  • The Winding Road From Coal To Code - Ryan Craig, Forbes, October 18, 2019

    Nary a month goes by without an announcement of some new effort to train displaced coal miners to code. The appeal of mixing coal and code is approaching the once dizzying heights of “green jobs.” After all, what better way to address Appalachia’s many challenges and leapfrog to the 21st century than by transforming tens of thousands of coal miners into coders?

  • Adopting AI in Health Care Will Be Slow and Difficult - Roger Kuan, Harvard Business Review, October 18, 2019

    Artificial intelligence, including machine learning, presents exciting opportunities to transform the health and life sciences spaces. It offers tantalizing prospects for swifter, more accurate clinical decision making and amplified R&D capabilities. However, open issues around regulation and clinical relevance remain, causing both technology developers and potential investors to grapple with how to overcome today’s barriers to adoption, compliance, and implementation.

  • 5 Tech Features That Will Drive Sales On Black Friday And Cyber Monday - Jia Wertz, Forbes, October 18, 2019

    Black Friday and Cyber Monday are right around the corner and as a consumer, you’re probably already getting promotional emails, targeted ads, and yes, even physical mailers. And if you’re a merchant, you’re probably strategizing new ways to increase your sales and beat out the competition.

  • Digital transformation: Culture, not cash, is your biggest challenge - Mark Samuels, ZDNet, October 18, 2019

    While the securing of funding is crucial, CIOs must ensure that every member of staff understands how embracing new technology can help deliver better outcomes.

  • Leveraging cloud migration to power digital transformation - Finextra, October 18, 2019

    The volume of data has exploded, and it is becoming increasingly important for financial institutions (FIs) to manage and derive value from their data. However, harnessing data is not a simple task and an increasing number of organisations are leveraging cloud to unlock new value.