BankInovation

APRIL 4, 2022

Wells Fargo will leverage nCino’s digital banking platform in its consumer and small business banking division, the vendor revealed during its fourth-quarter earnings call last week. This is an expansion of the $1.95

Digital Banking 98

Digital Banking Technology 98

PYMNTS

FEBRUARY 21, 2019

The small business (SMB) banking sector continues to endure seismic disruption from many angles. regulators are cracking down on big bank misconduct against small firms, while simultaneously exploring ways to inject competition into the sector via initiatives like the RBS fund. small businesses.

Operations 135

Operations Strategy Industry Lending 135

PYMNTS

OCTOBER 22, 2020

Pat Kelly , chief digital officer of First Horizon Bank, said it was important to provide clients with "a fast, easy and intuitive digital banking experience," for which NCR fit the profile. Plus, leveraging the cloud to deploy digital banking has allowed us to introduce updates more often and innovate faster.

Digital Banking 183

Digital Banking Tennessee National Payments 183

Gonzobanker

MAY 31, 2019

Financial institutions that want to play in the small business lending sandbox need to bring their digital toys. article , former Small Business Administration administrator Karen Mills said community banks with strong small business customer bases that don’t find new ways to serve them digitally are going to face a “reckoning.”

Lending 141

Lending Community Bank Community Data 141

PYMNTS

DECEMBER 4, 2020

4) chose four firms to receive digital banking licenses, including “digital full bank” licenses for Singapore-based Sea Ltd. to receive “digital wholesale bank” licenses. “MAS They will further strengthen Singapore’s financial sector for the digital economy of the future.”.

Digital Banking 164

Digital Banking Groups Meeting Fintech 164

Bank Innovation

DECEMBER 19, 2019

Small business lending company OnDeck is expanding its ecosystem of products. Through its application for a bank charter, the company wants to become a full-service digital bank for small businesses it says are overlooked by traditional banks.

Community 360

Community Lending Innovation Digital Banking 360

Bank Innovation

FEBRUARY 15, 2018

Azlo, a digital banking startup geared towards freelancers and the self-employed, has formally launched in the U.S., the company announced today.

Digital Banking 170

Digital Banking Company Online 170

PYMNTS

JUNE 19, 2019

Royal Bank of Scotland (RBS) is pressing forward with its digital-first bank, targeting small and medium-sized businesses (SMBs), and reports have said the financial institution (FI) has chosen a leader for that initiative. financial services disruption, particularly in the small business banking landscape. .

Digital Banking 122

Digital Banking Operations Lending Capital 122

Fintech Labs Insights

APRIL 28, 2024

Everyone loves a startup ( or a challenger bank in our case ), especially when it’s someone you root for because of their origin story, geographic location, or just plain likeability. If you want the best digital services and don’t need a local presence, take a look at our digital challenger bank list ( here ).

Conference 15

Conference US Digital Banking Cards 15

PYMNTS

FEBRUARY 15, 2018

Think small, goes the saying, to effect big change. 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. To surmount hurdles in offering small business cards, ICBA Bancard has two options.

Community Bank 118

Community Bank Community Cards United States 118

PYMNTS

JANUARY 6, 2020

Another group of Singaporean businesses, Beyond Consortium, has thrown its hat in the ring to apply for the country’s digital bank licenses. Beyond Consortium says its members are representative of the small and mid-sized enterprises in Singapore, which encompass 70 percent of the Singaporean workforce.

Digital Banking 130

Digital Banking Groups Capital Industry 130

PYMNTS

JUNE 3, 2020

The COVID-19 crisis continues to upend the economy, including even the world of digital banking. As previously reported in this space, the Monetary Authority of Singapore (MAS), the country’s central bank, announced its intention to issue five digital banking licenses last year. That was before the pandemic hit.

Digital Banking 131

Digital Banking Groups Retail Strategy 131

PYMNTS

APRIL 28, 2020

Brattleboro Savings & Loan (BS&L) has chosen NCR Corporation , a global enterprise technology provider for the financial industry, to provide customers with an improved digital banking experience, the companies announced Tuesday (April 28) in a press release. “We only got four uploaded.”.

Digital Banking 142

Digital Banking Vermont Atlanta US 142

PYMNTS

JUNE 16, 2020

Branch , the digital bank startup, is branching out. Consumers deserve fast and flexible mobile banking services that adapt to their needs,” said Branch CEO Atif Siddiqi in a statement. “The

Digital Banking 199

Digital Banking Mobile Los Angeles San Francisco 199

PYMNTS

NOVEMBER 14, 2019

While small businesses often struggle with a lack of integrated digital tools from their traditional financial service providers, the friction in small business banking is often acute even before an SMB opens an account. Power found that small businesses continue to embrace mobile banking, with its 2019 U.S.

Digital Banking 147

Digital Banking Video Strategy Tools 147

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

JANUARY 7, 2020

Yet another business consortium vies for a lucrative, wholesale digital banking license, according to reports. “Singapore [small businesses (SMBs)] often find it impossible to get the credit they need to grow their business.” Other companies include Razer, Grab Holdings and Ant Financial.

Digital Banking 131

Digital Banking Capital Leadership Fintech 131

Bank Innovation

DECEMBER 11, 2019

Small business lender OnDeck is making a pitch to Main Street. The company, which has been outspoken about its pursuit of a bank charter, is trying to move beyond loans and become a digital bank for small businesses.

Maine 312

Maine Digital Banking Company Customer Experience 312

PYMNTS

JUNE 25, 2019

Community financial institution (FI) Cross River Bank is acquiring Seed , a small business (SMB) digital banking company, reports in Reuters said on Monday (June 24). Its takeover of Seed strengthens its position in the small business FinTech market.

Community Bank 116

Community Bank Community Digital Banking FDIC 116

Jack Henry

AUGUST 18, 2023

With the downward pressure on retail revenues and widespread deposit attrition, serving SMB's effectively has never been more important. Learn more.

Retail 78

Retail Digital Banking 78

PYMNTS

APRIL 23, 2020

Banks looking to meet customers’ standards must have a holistic view of the digital experience and consider all aspects of their operations rather than prioritizing one over another, according to KeyBank Executive Vice President and Head of Digital Banking Jamie Warder. “We

System 226

System Digital Banking Guidelines Online 226

PYMNTS

SEPTEMBER 25, 2019

Emirates banking group Emirates NBD has announced the creation of E20., a digital bank for the region, according to a release by the company. The new venture is geared toward entrepreneurs and small-and-medium sized businesses (SMBs). said Emirates NBD Vice Chairman and Managing Director Hesham Abdulla Al Qassim.

Digital Banking 122

Digital Banking Regional ATM Groups 122

PYMNTS

FEBRUARY 14, 2020

Supply chain and Neobank firms were among those gaining financial backing, with cross-border trade for small businesses making the list, too. Starling Bank. digital bank Starling Bank said it raised £60 million (more than $ 78 million USD) in funding. million accounts across individuals and businesses.

Digital Banking 131

Digital Banking Capital Risk Management Operations 131

PYMNTS

SEPTEMBER 25, 2019

Emirates banking group Emirates NBD has announced the creation of E20., a digital bank for the region, according to a release by the company. The new venture is geared toward entrepreneurs and small-and-medium sized businesses (SMBs). said Emirates NBD Vice Chairman and Managing Director Hesham Abdulla Al Qassim.

Digital Banking 109

Digital Banking Regional ATM Groups 109

PYMNTS

DECEMBER 27, 2019

The PYMNTS December 2019 Credit Union Tracker looks at the changing topography of the CU space, as digital transformation challenges the “all for one, one for all” mentality that has undergirded their business model since the 1800s. A Small Change It’s Not. Strong balance sheets in key areas like credit card debt ($64.4

Digital Banking 130

Digital Banking Millennials Banking Trends Mobile 130

PYMNTS

SEPTEMBER 11, 2019

The push toward digital banking seems an inexorable one, with the technology and demographics acting as tailwinds, and where governments have increasingly gotten into the act of promoting digital banks (the pure-play kind) and making forays into bits and bytes, where once paper and face-to-face transactions reigned.

Digital Banking 160

Digital Banking Millennials Mobile Regulation 160

American Banker

SEPTEMBER 17, 2020

Small and midsize banks would pay for access to the Monit app and offer it to small-business clients as an add-on service.

Management 81

Management Banking 2020 Software Digital Banking 81

American Banker

APRIL 17, 2023

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Digital Banking 69

Digital Banking Technology 69

PYMNTS

JULY 28, 2019

Jack Ma ’s MYbank is aiming to change the way China lends to small businesses. The 4-year-old bank uses real-time payments data and a risk-management system that analyzes more than 3,000 variables to allow borrowers to apply for a loan on a smartphone and receive cash almost instantly if approved.

Digital Banking 198

Digital Banking Lending Risk Management Capital 198

Jack Henry

APRIL 3, 2024

Credit unions of the past were laser-focused on their target market, quietly growing their base.

Marketing 60

Marketing Digital Banking 60

American Banker

NOVEMBER 15, 2023

Bank, BMO and Atlantic Union Bank are striving for seamless onboarding and more efficient branch bankers, among other projects on their technology drawing boards. Executives at Capital One, U.S.

Capital 67

Capital Technology Digital Banking 67

PYMNTS

FEBRUARY 11, 2019

Monzo, a digital bank out of London, wants to expand past just mobile-based personal banking customers to small and medium-sized businesses (SMBs). . This week, we’re excited to announce that we’re launching a small test of business accounts to 100 sole traders and limited companies!”

Digital Banking 115

Digital Banking Software Tools Innovation 115

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. billion dollars in small business loans.

Google 298

Google Digital Banking Course Branding 298

PYMNTS

JULY 1, 2016

HDFC wants to connect small businesses in India into digital banking, and has launched a new unit as part of the initiative. SM@Bank will coexist with HDFC’s existing brick-and-mortar financial services for SMEs, reports said, and customers can chosen which format they would like to use.

Digital Banking 100

Digital Banking Lending Mobile Groups 100

PYMNTS

MARCH 26, 2020

Digital banks that weren’t part of an earlier funding scheme lack the accreditation necessary to send relief to people affected by the coronavirus, according to a Thursday (March 26) Reuters report. . The hospitality industry was hit particularly hard.

Digital Banking 130

Digital Banking Resources Groups Industry 130

The Financial Brand

JUNE 8, 2023

This article Killer Small Business Banking: What Fintechs Do That Banks Ought To appeared first on The Financial Brand. Fintech challengers are in hot pursuit of small business customers. Their strategy offers insight for traditional banks and credit unions.

Fintech 40

Fintech Branding Strategy Digital Banking 40

Payments Source

SEPTEMBER 23, 2019

The startup, Drum, provides a marketplace for small businesses to offer promotions to influencers who can help them drum up business.1:54 1:54 PM?

Digital Banking 73

Digital Banking Lending Fintech 73