PYMNTS

FEBRUARY 25, 2020

As the report states, “We … find that a significant share of consumers are willing to bank with the institutions — financial or otherwise — that offer them the best spending and money management tools.”. Mobile Cards: Make or Break? The highest interest is among “bridge millennials” whose card spend averages $40,000 annually.

Mobile 153

Mobile Cards social media Survey 153

PYMNTS

JULY 1, 2020

We could step in for credit unions and allow members to transact in a manner that was basically familiar through their credit-union brands.”. CO-OP is also pushing into technology that combines contactless cards with ATMs or ITMs.

ATM 250

ATM Digital Banking Data Video 250

PYMNTS

JULY 8, 2019

InstaReM is currently preparing to apply for one of five (two retail, three wholesale) digital banking licenses that the city-state of Singapore announced it would be issuing earlier this month. The appeal of the banking license is it ensures the fact that they can provide the full spectrum of services,” he said. “But

Digital Banking 176

Digital Banking Innovation Cards Lending 176

PYMNTS

OCTOBER 4, 2019

With the recent launch of the Apple Card , Apple has sent a signal that they seek to offer a better user experience than banks. In fact, their slogan for the card is “Created by Apple, Not a Bank?.” And the card is no longer just a payment instrument; it’s more than the card itself.”.

Apple 198

Apple Cards User Experience Examples 198

PYMNTS

AUGUST 20, 2019

The launch of the Apple Card is allowing Goldman Sachs to become a leader in consumer banking, according to the bank’s CEO David Solomon. In late March, Apple and Goldman Sachs announced the Apple Card , which users sign up for through Apple Pay. Apple Card is big, but it’s also a beginning,” Solomon added. “In

Apple 188

Apple Cards Maine Policies 188

PYMNTS

JULY 16, 2019

As reported by crowdfundinsider.com , the joint efforts bring the digital bank to a market that is dominated by financial sector marquee names, and where N26 becomes the first European challenger bank to launch on these shores. The partnership also includes the joint launch of a debt card, and N26 has said that it has 3.5

Digital Banking 101

Digital Banking US FDIC Cards 101

PYMNTS

JULY 16, 2020

digital bank Monzo is taking another crack at offering premium online consumer banking accounts with features designed to help account holders create — and abide by — budgets. Customers can also create and delete virtual debit cards as an added safety feature. Monzo placed No.

Digital Banking 169

Digital Banking Cards Online Branding 169

PYMNTS

DECEMBER 14, 2020

In today’s top payments news around the world, Chase Bank and Mastercard have joined forces with Air Canada to debut the airline’s Aeroplan credit card in the U.S., Plus, First Abu Dhabi Bank (FAB) has teamed with Visa to roll out an in-depth collection of digital business payment offerings.

Regulation 141

Regulation Cards Payments United States 141

PYMNTS

OCTOBER 19, 2016

According to Brad Fauss, president and CEO of the Network Branded Prepaid Card Association, the recently released regulations on prepaid cards from the Consumer Finance Protection Board could be another instance of good intentions gone wrong. Around the Digital Banking world. Time will tell.

Regulation 100

Regulation Cards Digital Banking social media 100

PYMNTS

MAY 28, 2019

According to a report on Tuesday (May 28), a France-based “digital banking startup aimed at teenagers” called Pixpay has raised nearly $3.5. million in fresh capital.

Digital Banking 139

Digital Banking Google Mobile Groups 139

FICO

APRIL 7, 2022

Following the highly successful The 11 Commandments of Digital Banking eBook , we are publishing a series of 5 deeper dive blog posts that group the 11 Commandments below into common themes: Digital lift-and-shift is not a strategy! Let customers use the channels they love to access other areas of the bank quickly.

Digital Banking 52

Digital Banking Security Fraud America 52

Bank Innovation

NOVEMBER 8, 2016

For all the talk of banks going digital, few major brands have launched digital offshoots — in the U.S., based Customers Bank, and that’s about it. In Europe, there are more examples — two prominent ones are Hello bank! There is BankMobile, launched from Wyomissing, Pa.-based

Digital Banking 210

Digital Banking Examples Branding social media 210

PYMNTS

JUNE 13, 2018

Barclays announced that it has appointed Shane Holdaway as the company’s CEO of its cards and payments division in the U.S. For the past five years, Holdaway was the president of Capital One’s Canadian division, and played a leading role in the company becoming the exclusive credit card issuer for Costco Wholesale Canada.

Capital 100

Capital Cards Delaware Payments 100

PYMNTS

OCTOBER 30, 2019

And the race to provide such apps – along with better mobile financial and transactional services – is heating up, with fuel coming from such products as Apple Card along with changing consumer preferences. An Apple Card-Like Experience. And there has been at least one early surprise in these infant days of Card App, he said. “We

Cards 103

Cards Mobile Apple Retail 103

PYMNTS

JULY 31, 2019

Mobile card services could be the Swiss Army knife of card management for consumers, because of the capabilities they can make easily accessible to the customer or business using them. There is a focus on the ability to turn cards off and off — I think even going back a few years we’ve seen that in banks’ advertising.

Cards 137

Cards Mobile Fraud Tools 137

Bank Innovation

DECEMBER 7, 2016

Year-old Citi Fintech, the digital banking sub-brand of Citigroup Inc., That may seem like a long time by startup reckoning, but it’s not so bad for a (gigantic, regulated, global) bank. The unit announced Monday that it had built a new mobile experience for Citigold card members Read More.

Fintech 150

Fintech Digital Banking Regulation Branding 150

Gonzobanker

OCTOBER 27, 2022

In early October, the Federal Reserve finalized a rule, known as Regulation II (Debit Card Interchange Fees and Routing), that requires every debit card transaction to have access to two unaffiliated payment card networks. The Federal Reserve reported that 23% of debit card transactions were CNP in 2019.

Cards 78

Cards Fraud Regulation Trends 78

PYMNTS

NOVEMBER 12, 2020

Dave’s digital bank account and debit card have no minimum balance requirement, no overdraft fees and access to 32,000 MoneyPass ATMs, fee-free. In June, the company launched Galileo Instant , a program for businesses to quickly create their own branded debit cards, a solution especially popular for paying workers.

Utah 143

Utah ATM America Digital Banking 143

PYMNTS

MAY 15, 2019

Persuading customers to choose one bank over another is never an easy task, and it’s only become more challenging in the saturated digital banking space. Around the Digital Banking World. Other banks are looking to upgrade the way they’ve designed their mobile banking features, including U.S.

Digital Banking 189

Digital Banking Mobile Meeting Fintech 189

PYMNTS

JANUARY 8, 2019

By 2016, Chime was in the market with the full suite of features that digital banks offer today. As a pure-play digital bank, Chime offers as its primary product an entirely mobile/digital banking application that gives customers access to a network-branded debit card and a savings account.

Digital Banking 160

Digital Banking Tools Cards Millennials 160

PYMNTS

MAY 3, 2020

Bó , the digital bank developed by U.K. High Street lender Royal Bank of Scotland (RBS), is being closed down by the British state-backed lender NatWest, following a six-month opening launch, according to a Yahoo Finance UK report. If a customer goes over that limit on several card payments, then they have to enter a pin.

Branding 181

Branding Resources Digital Banking Regulation 181

PYMNTS

FEBRUARY 15, 2018

For community banks serving small- to mid-sized businesses (SMBs), training an eye on credit cards can translate into additional revenue streams and tap into an unmet need for those SMBs. Kearney found 26 percent of small business cardholders have community banking relationships in place. There’s a lot of runway here.

Community Bank 118

Community Bank Community Cards United States 118

PYMNTS

AUGUST 13, 2018

13) that Jud Linville, CEO of global cards and consumer services, will leave the bank as part of executive reshuffling. According to a report in CNBC , Citigroup is overhauling the executives in its global consumer banking businesses and, as a result, Linville will leave. Citigroup announced Monday (Aug. billion by 2020.

Cards 108

Cards Branding Regional Digital Banking 108

PYMNTS

APRIL 21, 2020

The stage is being set, then, for consumers to pivot away from legacy banking toward trusted brands that, increasingly, are building out financial services. And, as Verdon explained, service-oriented platforms can spur a shift away from consumer banking with a bank — and toward individuals’ banking with whomever they trust.

Branding 232

Branding Innovation Regional Fintech 232

PYMNTS

OCTOBER 5, 2020

The new software also enables financial institutions (FIs) to transform the ATM into a digital banking platform and an “access point for a range of digital and extended banking services, run in-house or by FinTechs and other third parties,” NCR noted.

ATM 158

ATM Atlanta Software User Experience 158

PYMNTS

SEPTEMBER 30, 2019

Once upon a time in the 1960s, banks were building a series of one-off card-based solutions, much the way today in the ending days of the 2010s we see global digital banking, mobile wallets and alternative underwriting schemes building one-off tech-based solutions for financial services products. So today (Sept.

Marketing 211

Marketing Fintech Cards Branding 211

Gonzobanker

JUNE 7, 2023

The launch of Charlie points to an underserved niche in banking: older adults. In mid-May, a digital bank account for the 62+ crowd debuted in the United States. Mix in the added drama of regulators condemning the banking-as-a-service model, and there’s added risk. Well, it happened. life expectancy was 76.1

Los Angeles 118

Los Angeles Fintech Digital Banking Tools 118

PYMNTS

JANUARY 20, 2020

With an eye on segment performance, she said JPMorgan Chase card, merchant services and auto revenue were up 9 percent driven by higher card NII on loan growth as well as the impact of higher auto lease volumes. Overall, international and North American consumer banking were up 4 percent, as measured by year-over-year revenue growth.

Cards 134

Cards America Course Mobile 134

Gonzobanker

JUNE 11, 2018

Attendance at American Banker’s Digital Banking conference has grown significantly since I was here in 2016, reflecting the obvious interest levels in digital, yet the vibe remained largely the same as two years ago…. Is voice banking even a blip on your digital roadmap? Huge missed opportunity.

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Conference Digital Banking Austin Digital Strategies 70

Payments Source

SEPTEMBER 23, 2019

Jes Staley is turning away from his ambition to build a Barclays Plc-branded digital consumer bank in the U.S.

Digital Banking 73

Digital Banking Branding Cards 73

Payments Source

NOVEMBER 7, 2017

The fintech is partnering with Choice Financial in North Dakota to create a Douugh-branded checking account and debit card that will prominently feature an AI-based virtual assistant named Sophie.

North Dakota 65

North Dakota Cards Branding Fintech 65

PYMNTS

SEPTEMBER 29, 2020

The release said doing so is a way to both clear up confusion for customers and also to allow brands a way to establish more presence. Johan Gerber , executive vice president of cyber and security products at Mastercard, said the greater digital dependency of the coronavirus era made this new development necessary.

Online 243

Online Guidelines Study Fraud 243

NCR

FEBRUARY 12, 2016

Articles via Bank News, 24/7 Wall Street, The Financial Brand. Cards Linked to Mobile Apps Experience Rise in Activity Rates: A new study shows that by the year 2020, more than 3 billion loyalty cards will be integrated into mobile apps. What have you been reading?

Mobile 40

Mobile Digital Banking Payments Study 40

PYMNTS

FEBRUARY 17, 2020

British digital bank Monzo , expanding fast, wants to hire up to 500 people and (hopefully) reach 5.5 The bank is also preparing to try charging customers again to turn a profit. million customers in its British home base, boasting a bright coral card and spend-tracking data. million users this year. billion).

Digital Banking 192

Digital Banking Survey Lending Capital 192

The Paypers

OCTOBER 25, 2022

Marqeta , a card issuing platform, has partnered with Raiffeisen Centrobank to power its brand Raiffeisen Digital Bank.

Digital Banking 36

Digital Banking Branding Cards 36

PYMNTS

NOVEMBER 19, 2019

Banks are, however, revamping their approaches to these technologies on how they may be applied outside of their typical use cases, fending off cybercriminals who have a growing number of opportunities to access online banking platforms and customer data. Around The Digital Banking World. institution Barclays found.

Fraud 109

Fraud Digital Banking Innovation Data 109

PYMNTS

AUGUST 28, 2020

Gourab Basu , vice president of global network processing at Visa, tells PYMNTS how deep learning keeps card (and card not present) transactions flowing. Not only have retail sales shifted online, but more consumers are buying more of what they want directly from the brand. Are SPACs the wave of the future?

Retail 208

Retail Los Angeles San Francisco Online 208