PYMNTS

JANUARY 3, 2020

In late June, the Monetary Authority of Singapore (MAS) sent a ripple through the global financial services ecosystem with the announcement of its intention to issue five digital bank licenses to eligible applicants. Only two of the licenses will full digital banking licenses, while the other three will be wholesale banking licenses.

Digital Banking 130

Digital Banking Groups Regional Mobile 130

PYMNTS

DECEMBER 16, 2019

South Korean FinTech startup Viva Republica , creator of the financial services platform Toss, was granted preliminary approval for a digital banking license from the Financial Services Commission of Korea , a Monday (Dec. Toss Bank will become South Korea’s third digital bank operating without a physical location.

Fintech 131

Fintech Online Digital Banking System 131

The Financial Brand

JANUARY 6, 2021

The post Sustaining Digital Banking Channels’ Explosive Growth in 2021 appeared first on The Financial Brand. Financial institutions that want to stay in the game need to offer solid basic services before they get fancy.

Digital Banking 43

Digital Banking Branding Innovation Strategies ATM 43

PYMNTS

AUGUST 4, 2020

The writing has been on the wall: PYMNTS research has found that though most people are satisfied with their in-place relationships with banks, only about 40 percent of people would be “extremely” or “very” likely to bring their banking relationships to Big Tech or FinTechs.

Google 298

Google Digital Banking Course Branding 298

PYMNTS

DECEMBER 1, 2019

There are limits on ATM withdrawals and online payments. Pixpay plans to tackle the European market as early as 2021 and target two million customers within five years, according to DutchyCorp Tech News. Rival Lydia allows teens who are 14 years old and older. Foreign currency transactions cost 2 percent in foreign exchange.

Digital Banking 151

Digital Banking ATM Cards Capital 151

The Financial Brand

FEBRUARY 24, 2021

Use of digital banking tools skyrocketed during the pandemic. The post Online and Mobile Banking Adoption Soars, Setting New Benchmarks for 2021 appeared first on The Financial Brand. Is your financial institution keeping up, and how much room for growth is left?

Online 41

Online Mobile Tools Digital Banking 41

PYMNTS

SEPTEMBER 30, 2020

By 2021, we’re looking already at a cost of $8.6 The system can place a merchant’s logo next to transactions in digital banking applications, making it obvious to a consumer what a transaction is and that it’s legitimate. All of this confusion leads to a really big chunk of chargebacks,” Gerber said. “By

Cards 220

Cards Online Fraud US 220

PYMNTS

JANUARY 21, 2021

We can provide them these services regardless of the channel that the member wants to interact with,” across brick-and-mortar, online or contactless payments, she added. On the pivot to contactless payments, she said, consumers in the midst of a public health crisis are still unsure about touching terminals.

Analytics 240

Analytics Fraud Trends Mobile 240

The Financial Brand

JANUARY 6, 2021

The post Sustaining Digital Banking Channels’ Explosive Growth in 2021 appeared first on The Financial Brand. Financial institutions that want to stay in the game need to offer solid basic services before they get fancy.

Digital Banking 29

Digital Banking Branding Innovation Strategies ATM 29

The Financial Brand

NOVEMBER 30, 2020

COVID-19 accelerated demand that was already growing but megabank also saw the need for new digital twist on small business accounts. The post Chase Digital Unit Tackles Top Mobile & Online Challenges for 2021 appeared first on The Financial Brand.

Online 39

Online Mobile Branding Innovation Strategies 39

PYMNTS

NOVEMBER 24, 2020

FinTech, digital banking, saving, N26, banking, news, what's hotGerman FinTech N26 is launching a subscription-based digital banking suite to help individuals and businesses better manage their savings and spending. Value d at $3.5 It has so far received $800 million in venture capital.

Tools 231

Tools Management Digital Banking ATM 231

PYMNTS

JANUARY 26, 2021

Chuck Fagan, president and CEO of PSCU , reflects on the challenges of 2020 and looks ahead to what 2021 will bring. As we look to 2021, there are a number of key drivers reshaping how credit unions operate and best meet the needs of their members, with digital solutions and innovations at the forefront of these expectations.

Strategy 173

Strategy United States America Meeting 173

Fintech Labs Insights

NOVEMBER 10, 2023

Consumers have been banking online for 28 years. And from the very beginning, there have been pure-play digital banking startups. The first, online bank Security First Network Bank (SFNB) launched in 1995, just a year after Amazon.com. But unlike ecommerce, digital-only banking was slow to catch on.

Digital Banking 15

Digital Banking Online Atlanta Las Vegas 15

MyBankTracker

JANUARY 19, 2021

Here are some of the consumer banking trends that we believe will take hold in 2021. Consumer Banking Trends of 2020. Adoption of digital banking. Many bank customers were in for a shock when branches couldn’t open to the public. People were home and online more often than ever.

Marketing 52

Marketing Banking Trends Trends Cards 52

PYMNTS

SEPTEMBER 22, 2020

Banks from the United States to Europe are closing bank branches as consumers embrace digital banking amid the pandemic. And Handelsbanken will reportedly shutter nearly 50 percent of its Swedish offices by the close of 2021, the Financial Times reported. The bank indicated the decision would save a forecast $4.3

Pennsylvania 210

Pennsylvania Nashville Indiana Tennessee 210

PYMNTS

JANUARY 12, 2021

“You can look at Q4 as somewhat of a transition quarter, as you put some of the challenges from 2020 in the rear-view mirror and look ahead to an improved 2021,” Barclays Analyst Jason Goldberg told Reuters, pointing to the pandemic-fueled interest rate freefall and record margin drop. A big rebound is expected in 2021.

US 160

US America Report Digital Banking 160

Fintech Labs Insights

JUNE 26, 2023

Looking for digital banks, lenders, payment providers, insurance or digital accounting for small businesses? 2021 SF $14 12,000 Source: FintechLabs, Crunchbase, SimilarWeb, 26 June 2023 1. 2021 SF $14 12,000 Source: FintechLabs, Crunchbase, SimilarWeb, 26 June 2023 1. 1,900 reviews) – Trustpilot : 3.5 (613

Digital Banking 15

Digital Banking Online FDIC San Francisco 15

Fintech Labs Insights

APRIL 6, 2023

Looking for digital banks, lenders, payment providers, insurance or digital accounting for small businesses? to 5.07% None 2021 NYC $27 27,000 Source: FintechLabs, Crunchbase, SimilarWeb 1. Baselane FAB Score: 28 (+3) – HQ: NYC – Founded: 2020 – Banking service provider: Blue Ridge Bank – Raised: $7.9M

Digital Banking 15

Digital Banking Online FDIC San Francisco 15

PYMNTS

JANUARY 19, 2021

s first publicly traded neobank, with a branchless digital-first approach to financial services that comes right as the pandemic has forced branches to close, and banking across online platforms is gaining critical mass. In an interview with Karen Webster, Anuj Nayar , vice president and U.S.

Digital Banking 290

Digital Banking Cards Digital Strategies Survey 290

Fintech Labs Insights

JUNE 29, 2021

Enter the digital insurance challengers aiming to fill the gaps through simple online/mobile interfaces. NEW : Looking for digital banks, lenders or corporate charge/credit cards serving small businesses? Check out our latest lists: SMB online lenders (26) | SMB charge/credit cards (15) | SMB challenger banks (10) .

Online 15

Online DC Denver Atlanta 15

Fintech Labs Insights

DECEMBER 2, 2021

Enter the digital insurance challengers aiming to fill the gaps through simple online/mobile interfaces. NEW : Looking for digital banks, lenders or corporate charge/credit cards serving small businesses? Check out our latest lists: SMB online lenders (26) | SMB charge/credit cards (15) | SMB challenger banks (10) .

Online 15

Online Denver DC Atlanta 15

PYMNTS

DECEMBER 29, 2020

Innovating members’ experiences has been a priority for CUs for many years, with CUs paying special attention to rolling out offerings and features via online and mobile channels. Digital Banking's Rise In The CU Space. We will be looking at ways to move across the country in a digital fashion.”. “We she explained.

Capital 190

Capital Operations Mobile Innovation 190

FICO

FEBRUARY 12, 2023

Home Blog FICO Top 5 Customer Development Posts of 2022: Digital Banking and Pricing Opti The most popular posts in our Customer Development category dealt with digital banking, optimizing credit line increases, loan pricing and machine learning for credit risk models. Read the full customer development post 4.

Digital Banking 52

Digital Banking eBook Analytics Customer Experience 52

Fintech Labs Insights

DECEMBER 1, 2021

Two have been acquired by large banks, but they will stay on this list as long as they are operated as an independent brand. NEW : Looking for digital banks, lenders or insurance companies serving small businesses? Check out our latest lists: SMB online lenders (33) | SMB challenger banks (12) | SMB insurers (15).

Cards 15

Cards Online Utah Austin 15

Fintech Labs Insights

DECEMBER 1, 2021

Two have been acquired by large banks, but they will stay on this list as long as they are operated as an independent brand. NEW : Looking for digital banks, lenders or insurance companies serving small businesses? Check out our latest lists: SMB online lenders (33) | SMB challenger banks (12) | SMB insurers (15).

Cards 15

Cards Online Utah Austin 15

Cisco

APRIL 12, 2022

At the beginning of 2021 there were just over 80,000. In 2021 on net, U.S. banks shuttered 2,927 branches, according to S&P Global Market Intelligence data. Last year banks closed nearly 4,000 branches and opened more than 1,000 branches. Yes, JPMorgan Chase was also the sixth-biggest net branch closer in 2021.

America 105

America Customer Experience Operations Survey 105

FICO

DECEMBER 5, 2022

Top 5 Surprises from FICO’s Fraud and Digital Banking Survey. Financial Institutions, such as banks, have expended great effort to improve digital security, yet bad actors are multiplying and attacks have increased in scope and frequency. FICO Admin. Tue, 07/02/2019 - 02:45. by Sarah Rutherford. expand_less Back To Top.

Survey 52

Survey Fraud Digital Banking social media 52

PYMNTS

SEPTEMBER 1, 2020

The San Francisco-based financial services giant’s decision to launch the checkless account, which has a monthly fee of $5, comes as Wells Fargo looks to reshape an image badly tarnished after 2016 revelations that bank employees opened millions of phony accounts in order to meet sales quotas.

San Francisco 234

San Francisco Payments Online Meeting 234

PYMNTS

JULY 21, 2020

The latest Merchants Guide To Navigating Global Payments Regulations examines how open banking initiatives are developing in Latin America as well as how the pandemic is affecting these moves. Open banking is developing quickly in Brazil, where financial authorities recently announced plans to implement an initiative for the country’s FIs.

Mobile 229

Mobile Report America Regulation 229

Independent Banker

FEBRUARY 1, 2022

The banking industry remains in flux. 2021 introduced new challenges for traditional banks, from the added competition of digital-only entrants to shifting consumer banking behaviors and lingering fallout from the ongoing COVID-19 pandemic. financial system.

Community Bank 103

Community Bank Community Trends Industry 103

Fintech Labs Insights

JUNE 29, 2023

in 2023 and $600M in 2021 ( Crunchbase ) – Website visits: 58.6 (May in 2023 and $600M in 2021 ( Crunchbase ) – Website visits: 58.6 (May valuation – Raised $870M including $11M in 2021 ( Crunchbase ) – Revenue: $17.5B valuation – Raised $870M including $11M in 2021 ( Crunchbase ) – Revenue: $17.5B including $6.5B

Online 15

Online San Francisco Payments Fintech 15

PYMNTS

SEPTEMBER 20, 2020

Cape , a new Australian FinTech made up of professionals in finance, is debuting its new “recession fighting” credit card, powered by open banking and intended to allow access to new functions like buy now, pay later (BNPL), according to a report from AltFi. Common plans offer four-installment payments as ways to buy items.

Cards 254

Cards Fintech Management Lending 254

PYMNTS

OCTOBER 1, 2020

Consumers want cards, and they want them quickly, and they want those cards [delivered] in a digital way," said Turner. The company said that through the expansion of its Digital-First Card Program, which was announced last Wednesday (Sept. Those processors will in turn work with issuing banks to offer near-instant issuance of cards.

Cards 249

Cards Management Tools Guidelines 249

Fintech Labs Insights

AUGUST 31, 2021

Online POS. Source: INC Magazine, Aug 2021. *To Related: Top 15 Online Digital Corporate Credit Cards for Small Businesses (August 2021). Online Digital Banks for Small Businesses (SMB) August 2021. The 208 Fintech Unicorns of the 21st Century (July 2021 update). Card processing.

Fintech 15

Fintech Company United States Comparison 15

PYMNTS

JANUARY 19, 2021

But the results also underscored the continued push into consumer banking, and specifically online banking. That effort, in beta testing, has been known as Marcus Invest, and Goldman has reportedly been eyeing a 2021 rollout. Earnings per share came in at $12.08, while consensus had been at $7.47.

Digital Strategies 152

Digital Strategies Strategy Cards Conference 152

Fintech Labs Insights

FEBRUARY 10, 2021

Traction: 500 Startups accelerator (Batch 27, Feb 2021). Description: Challenger bank/debit card for teens. Traction: 500 Startups accelerator (Batch 27, Feb 2021). Related: First Look: Watch 16 Insurtech Startups Pitch at PlugandPlay’s Munich Winter Summit 2021. Online Digital Banks for Small Businesses.

San Francisco 15

San Francisco Fintech Cards Digital Banking 15

Fintech Labs Insights

JUNE 27, 2023

Enter the digital insurance challengers aiming to fill the gaps through simple online/mobile interfaces. NEW : Looking for digital banks, lenders, payment providers, insurance or digital accounting for small businesses? views (470 subscribers) Instagram : 2,400 followers TrustPilot : 4.6 (513

Online 15

Online Denver San Francisco DC 15