What is banking technology design?
Banking technology can be defined as software solutions that automate and digitize banking processes and services. The latest technologies in the banking sector provide an innovative way to serve customers using such digital channels as mobile, desktop, wearable, VR/AR and voice assistant.
The best banking technology is designed with the end user in mind to ensure the best possible customer experience. Thus, new banking technology innovations allow finance to be more human-centered and valuable. Digital banking technology should not be limited by borders, physical branches or competitors, which is why it disrupts the banking industry and stimulates the launch of thousands of Fintech startups.
Check out the best UXDA articles about using UX design to make banking technology more user centered and demanded by end users.
Digital Transformation in Banking is an Illusion: Banking Innovation Will Never Stop
The digital transformation of banking is an illusion—modernization will never truly end. Traditional banking, with branches and manual processes, is obsolete. To stay relevant, banks must operate like tech companies, driving continuous innovation and enhancing customer experience.
What NASA’s Tough Choice Can Teach Us About Banking UX Design
How prepared are traditional banking players? Despite all their experience, resources, confidence, and influence, could they still fail their customers, leaving them stranded in the 'digital' space like NASA astronauts? The standoff between Boeing and SpaceX in space suggests this is entirely possible, but there is a solution.
Customers' Frustration: The Hidden Cost of Tech-Driven Banking Innovations
Modern banking executives must innovate effectively in a rapidly evolving digital landscape. While drawn to AI, blockchain, cloud infrastructure, and open banking APIs, they often overlook user experience (UX). This article explores how a user-driven approach to innovation can ensure financial brands' survival and success in the digital age.
Big Tech or Big Curse on the Banking Experience?
As part of global digitalization, Big Tech is using its power and resources to expand into the financial industry, but only a diversity of financial alternatives and healthy competition will ensure a customer-centric development in the financial industry.
UX Case Study: Metaverse Banking VR / AR Design Concept of the Future
The first metaverse banking UX concept that includes virtual reality banking, augmented reality banking, tablet, desktop, wearable and mobile banking.
UXDA Becomes The Benzinga Global Fintech Awards Listmaker As The Best Financial Research Company
We are very happy to announce that UXDA has become a Benzinga Global Fintech Awards Listmaker as the Best Financial Research Company.
AI in Banking: From UX Upgrade to Transforming Mankind
If we look a bit further, we can see the disruptive perspective of AI that will go well beyond banking, completely transforming digital customer experience, and even providing super-powers to mankind.
Innovations in Banking Industry VS User Experience: Blockchain, Open Banking and AI
Finance has always been quite conservative but it hasn’t missed out on technological progress. Due to the development of technologies, banks are becoming separated from their customers. According to research, 40% of American bank customers don’t go to...
UXDA Delivers Design for Best Digital Banking Platform Vendors
UXDA team is happy to see our partners between TOP11 global banking software vendors and is grateful for the opportunity to reinvent financial industry through customer-centered financial design.
UXDA Design Firm Wins the Best Banking Technology Award
UXDA becomes first design agency that wins Banking Technology Awards. UX Design Agency helping online banks and FinTech startups engage their customers with a delightful user experience through user-centered design.
Financial Services Design from the Perspective of Psychology and Neuroscience
Why people are bad at understanding and planning finances? People are frustrated by financial services, but banking technology have a solution.
