PYMNTS

JANUARY 7, 2020

Yet another business consortium vies for a lucrative, wholesale digital banking license, according to reports. Their holders can take deposits from retail customers, but must have $1.5 Their holders can take deposits from retail customers, but must have $1.5 Other companies include Razer, Grab Holdings and Ant Financial.

Digital Banking 131

Digital Banking Capital Leadership Fintech 131

PYMNTS

AUGUST 28, 2020

Here’s how he sees the digital-first restaurant landscape shaking out. New Report: Helping Retail Treasurers Navigate The Digital D2C Shift (“How To” Playbook). Not only have retail sales shifted online, but more consumers are buying more of what they want directly from the brand. Trackers and Reports.

Retail 208

Retail Los Angeles San Francisco Online 208

PYMNTS

DECEMBER 8, 2020

In today’s top news in digital-first banking, open banking provider Fabrick is collaborating with instant payments company Nets, while Societe Generale and Credit du Nord have approved a plan to combine their retail banking operations. Societe Generale is already among the country’s biggest banks.

Retail 171

Retail Digital Banking California Operations 171

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

SEPTEMBER 16, 2020

In digital-first banking, the evidence of the great digital shift is not only visible anecdotally – it is seen in the data as well. And in retail, companies in the organic mattress space are running on a tri-brid business model that covers direct to consumer (D2C), third-party retail distribution and owned retail locations.

Retail 141

Retail Innovation Data Cards 141

Bank Innovation

FEBRUARY 11, 2020

N26, the Berlin-based digital-only bank that has raised more than $670 million and gained 5 million users globally, announced Tuesday that it will leave the U.K. The company cited Brexit as the primary reason for the decision, saying it could no longer operate in the U.K. with its European banking license.

Digital Banking 273

Digital Banking Operations Company Customer Experience 273

PYMNTS

NOVEMBER 23, 2018

In banking and payments architecture, especially in the digital realm, a corollary might be “form and function co-exist, and should be flexible enough to change rather quickly.”. If you have a new payment initiative that is supported by them, it can go from zero to an overnight success almost immediately,” he said.

Digital Banking 134

Digital Banking Mobile Data Marketing 134

PYMNTS

JULY 11, 2018

Citizens Financial Group announced the launch of its nationwide, direct-to-consumer digital bank. Over the last several years, direct bank deposits have grown six times faster than deposits at traditional banks as consumers have sought innovative new ways to save money,” said John Rosenfeld, president of Citizens Access.

Digital Banking 103

Digital Banking United States FDIC ATM 103

Bank Innovation

SEPTEMBER 19, 2018

It’s been quite a busy year for Germany’s first digital-only challenger bank Fidor. The bank launched two more digital banks this year, and Fidor Chief Commercial Officer Ge Drossaert told Bank Innovation there is yet another bank in the works. We […].

Digital Banking 210

Digital Banking Innovation Operations Online 210

Insights on Business

APRIL 28, 2017

As a result, many new, all-digital financial services firms, unencumbered by older, less flexible systems are aggressively pursuing customers by addressing their needs in new and distinct ways. There are interesting characteristics both in the new entrants and in the more established digital banks.

Digital Banking 171

Digital Banking User Experience Branding social media 171

Bank Innovation

MARCH 28, 2019

United Arab Emirates-based digital bank Liv on Wednesday launched its virtual assistant Olivia, which was built by conversational AI company Kasisto. Olivia, a play on the bank’s name Liv, can check balances and give spending insights through text and the bank’s mobile app. has 210,000 […].

Digital Banking 170

Digital Banking Millennials Mobile Company 170

Insights on Business

NOVEMBER 29, 2018

Now, more than ever, banks must be smarter and faster. Operational innovation is vital in a highly competitive financial services sector, with a new community of digital banks and other firms vying for market share. Drivers for Operational Innovation. People are at the heart of any financial operation.

Operations 138

Operations Innovation Management Risk Management 138

Independent Banker

JANUARY 1, 2022

To have a true impact on the needs and expectations of today’s consumer, financial institutions must adopt successful practices from retail sectors, such as e-commerce, travel and entertainment that successfully deliver on expectations for consistent, personalized experiences through every stage of the buying journey. Delivering Value.

Retail 103

Retail Community Branding Study 103

Bank Innovation

JULY 18, 2018

Digital banks may be sprouting up all over the banking world, but don’t look for one from U.S. On this morning’s earnings call, CEO Andy Cecere noted the bank was looking to expand beyond its current 25-state branch footprint, which covers the Midwest and the western U.S.

Digital Banking 186

Digital Banking National Operations US 186

Bank Innovation

MARCH 5, 2019

Growth is the name of the game for this month's notable hires in digital banking and fintech. On one hand, a major FI like Spanish bank Santander hired a former Google executive to create new products, while smaller fintechs are opening up shop in new markets to drive growth. Nordea Bank CEO Casper von Koskull […].

Digital Banking 186

Digital Banking Fintech Google Marketing 186

Bobsguide

AUGUST 7, 2022

Cloud migration digitalizes the bank’s processes, enhances integrated ecosystems and enables new opportunity for growth in the UK. Moving from an on-premises model to a cloud-based managed service is a big part of our operational strategy for treasury activity,” said Gary McDermott, Treasurer at The Co-operative Bank.

Operations 68

Operations Strategy Innovation Policies 68

PYMNTS

NOVEMBER 19, 2019

The Monetary Authority of Singapore is offering as many as five digital banking permits to non-banks to boost competition. While Ant didn’t reveal if it would pursue a retail or wholesale license, it will be easier for it to obtain the latter. billion ($1.1 billion) in capital and local control.

Digital Banking 101

Digital Banking Capital Taxes Groups 101

Bank Innovation

OCTOBER 8, 2018

Not even a month has passed since Julie Demarigny, a veteran in digital entertainment industry having served Warner Bros. and Sony Music, has joined West Coast focused Union Bank as its head of digital banking.

Digital Banking 186

Digital Banking Innovation Digital Strategies Strategy 186

PYMNTS

JULY 20, 2017

New players on the digital banking scene are hoping to change the game by looking to industries that are categorically unlike banks for inspiration. Over the past few years, dozens of so-called digital-only “challenger” banks have emerged on the financial scene, ready to compete with larger more traditional banks.

Digital Banking 128

Digital Banking Video Mobile Survey 128

PYMNTS

DECEMBER 6, 2020

A new Singaporean digital bank formed in a joint venture between Grab Holdings Inc. The new digital bank is coming about after the joint venture won one of two licenses for full digital banks awarded last week (Dec. and Singapore Telecommunications Ltd. 4) by the Monetary Authority of Singapore.

Digital Banking 170

Digital Banking Operations US Financial Technology 170

PYMNTS

APRIL 13, 2020

Against that backdrop, said the BIS: “Resilient and accessible central bank operated payment infrastructures could quickly become more prominent, including retail central bank digital currencies.”

Digital Banking 249

Digital Banking System Payments Taxes 249

PYMNTS

APRIL 12, 2018

Bank software company Temenos has won the competition to work with telecommunications conglomerate Telia and power its digital banking operations, according to Reuters reports on Wednesday (April 11). Financial details of their agreement were not reported.

Digital Banking 108

Digital Banking Software Survey Risk Management 108

BankInovation

SEPTEMBER 17, 2021

will launch a digital retail bank in the U.K. The operation, called Chase, will start on Tuesday with current accounts, according to a person familiar with the matter. JPMorgan Chase & Co. next week, the first step in the firm’s plans to expand its consumer business overseas.

Retail 90

Retail Operations Digital Banking Management 90

PYMNTS

JANUARY 24, 2021

is close to a deal to buy ATM operator Cardtronics , fending off two other bidders, according to the Wall Street Journal on Sunday (Jan. Cardtronics boasts 285,000 ATMs in 10 countries, and is one of the biggest cash machine operators in the world, WSJ writes. billion, those with knowledge of the matter told WSJ.

ATM 293

ATM Retail Operations Software 293

PYMNTS

JANUARY 19, 2021

Portugal’s largest bank, Caixa Geral de Depósitos (CGD), is working with Backbase to implement the FinTech’s engagement solution, according to an announcement. The FI aims to wield Backbase tools to create digital banking channels across its operations, with its focus first landing on SMBs. ní banka Taps Temenos.

Fintech 341

Fintech National Groups Tools 341

PYMNTS

SEPTEMBER 11, 2019

As reported, the company launched payment infrastructure that facilitates account to account payments across industries and enterprises stretching from banks to retailers. there is a new company with a banking license in place. In the U.K.,

Digital Banking 177

Digital Banking Regulation Payments cryptocurrency 177

Celent Banking

AUGUST 4, 2015

A few months ago there was a question posed on Twitter which sparked a pretty intense debate : “What makes a bank a digital bank?” How far do incumbent banks have to go in order to adjust to the new age of digital financial services? Digital transformation is not an easy proposition.

Digital Banking 100

Digital Banking Strategy Analytics Analysis 100

PYMNTS

OCTOBER 23, 2018

Retailers had to make that changeover quickly, as online players became an increasingly obvious threat to their future. In banking, Engel noted, things like “APIs, startups, PSD2 and blockchain” are all now “enabling different types of end-to-end consumer journeys” and thus providing that needed catalyst. Tapping Into Personalization.

Retail 186

Retail Online Data Mobile 186

Bank Innovation

FEBRUARY 12, 2020

based digital banking startup Revolut is expanding at a rapid clip. It operates in Europe and Australia, and last fall launched publicly in Singapore and in beta for U.S. The company boasts more than 8 million customers across multiple continents.

Compliance 284

Compliance Meeting Digital Banking Operations 284

Chris Skinner

NOVEMBER 13, 2018

Things we’re reading today include … CYBG cancels digital bank deal with ex-Barclays chief Five ways banks are responding to the fintech threat Mark Carney ‘has damaged credibility of Bank of England’ Central bank independence – Is that even a thing? Rabobank explores sale of U.S.

Digital Banking 165

Digital Banking Retail Fintech Operations 165

PYMNTS

FEBRUARY 26, 2020

Digital banking and payments firm i2c is partnering with next-generation commerce firm Sightline Payments to deliver cashless, mobile and omnichannel programs to over 45 gaming resorts, state lotteries, digital gaming and sports betting sites across eight states, i2c announced on Wednesday, Feb.

Oregon 232

Oregon Pennsylvania Innovation Operations 232

CB Insights

MARCH 8, 2018

Digital banking startups — or challenger banks — have gained traction over the past few years by bringing retail banking services mobile. Banks in Fintech: what’s ahead in 2018. Join us for data-driven look at how major banks are approaching fintech investments and taking on insurgents.

Retail 78

Retail Digital Banking Fintech Regulation 78

PYMNTS

MARCH 20, 2020

However, the applicants will have to allow Cainiao to provide things like inventory information and operational status to HSBC for analysis. “We Through this digital financing solution, more merchants can easily obtain rapid loans,” Zhao Wei, general manager of Cainiao Network Supply Chain Finance, told the news outlet. “As

Big Data 203

Big Data Lending Regional Operations 203

BankInovation

SEPTEMBER 29, 2022

s UK digital lender has attracted 1 million customers in its first year of operation, making it one of the UK’s most popular neobanks. JPMorgan Chase & Co.’s Chase UK clients hold an average of £27,000 ($29,084) in their Chase Saver account, according to a statement Wednesday.

Digital Banking 52

Digital Banking Operations Retail 52

Accenture

JUNE 17, 2019

Guest bloggers Ben Lopez and Charlie Arthy continue their series on achieving simplified, future-ready bank operations. . To optimize and simplify their operations for agility to capture opportunities driven by market change. That’s the route that a mid-sized regional US bank took.

Customer Experience 153

Customer Experience Operations System Software 153

Bank Innovation

JULY 9, 2018

For a digital bank, time to market is one of the most important innovation mandates. For Lasha Gurgenidze at Tbilisi, Georgia-based TBC Bank, this mandate combined with low operational costs were the two fundamentals he and his team followed in launching TBC’s digital-first Space Neobank. “We

Georgia 284

Georgia Innovation Digital Banking Operations 284

Bank Innovation

DECEMBER 13, 2018

As a part of its retail transformation strategy, HSBC Bank USA spent over $130 million on innovation projects in one year on its U.S. operations. The bank […].

Innovation Strategies 199

Innovation Strategies Strategy Innovation New York 199