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Issue of Interest: Fintech: Emerging Technologies

ABA Media Contact: Sarah Grano
Phone: (202) 663-5470
Last updated: Sept. 7, 2017

Emerging technologies are changing the way financial institutions interact with their customers. Historically, banks have invested in technology to enhance the way customers access money, manage their finances and conduct day-to-day transactions. ATMs give customers instant access to their money anywhere in the world. Online banking has made it possible to manage money and pay bills from the comfort of one’s home. Paper checks can now be deposited by smart phone and scanned at the point of sale.

With new financial service providers offering consumers alternative ways to make point of sale and peer-to-peer transactions, more than ever, banks are making it a priority to provide customers innovative solutions to enhance their banking experience. 

ABA’s Center for Payments and Cybersecurity

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​Questions? Please contact Sarah Grano for more information.