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Major Core Vendors Are Failing Regional Banks

Gonzobanker

Rapid consolidation in the banking industry is creating a growing band of regional banks that find themselves stuck in a solution provider market that isn’t fully capable of serving them. FIS has captured a dominant share in the regional banking space with its IBS core platform (formerly Metavante).

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Reimagining The Bank As A Technology Company

PYMNTS

For Emirates NBD, a $400 million DX journey that began nearly four years ago has resulted in more than 100 initiatives based on optimizing its operational models, internal architecture, cloud usage and security. Modernizing Corporate Payments. “There’s no way around it; the bank is a technology company,” he said.

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4 winners and losers from the American Banker Digital Banking 2018 Conference

Gonzobanker

Maybe the mindset amongst many bank digital execs is “we’re building all this great functionality…surely our crappy adoption must be because of our poorly trained front-line staff”. See you can align your business and digital strategy. And yes, you can humanize digital banking. More competition is welcome.

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Currencycloud Teams With Hyundai Card For Mobile Remittance Service

PYMNTS

With just a few touches on the mobile phone, people will be able to remit their money using their credit card account,” said Wookyung Chang, head of Hyundai Card’s digital strategy department. This will open the new era of personalized digital financial services in Korea.”. ”

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Fraudsters And The Retail Identity Crisis

PYMNTS

Most of those gains, however, were lost later in the day following Mastercard’s separate announcement of a potential regulatory fine from the European Commission over its inter-regional interchange fees. “We are executing well on our strategy and are pleased to deliver another quarter of record results,” said Banga.

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Mastercard Stock Rises On  Q3 Growth, Falls On Regulatory Concerns

PYMNTS

Most of those gains, however, were lost later in the day following Mastercard’s separate announcement of a potential regulatory fine from the European Commission over its inter-regional interchange fees. “We are executing well on our strategy and are pleased to deliver another quarter of record results,” said Banga.

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37 Corporate Innovation Labs In Finance

CB Insights

The labs aim to help Deutsche Bank evaluate and adopt emerging technologies, develop a culture of innovation, and contribute to the bank’s digital strategy. Its also expanding its regional focus too, with a recent announcement that the labs will invest more into R&D in India. Founded: 2014. Bank of America.