Bank Innovation

NOVEMBER 7, 2019

As financial services companies consider the next wave of interaction technologies, TD Ameritrade is making the case for voice as a channel. Over the past year, the company has invested in voice-based tools to allow customers to learn more about their portfolios.

Strategy 186

Strategy Tools Technology Company 186

Perficient

MARCH 8, 2023

The program has 10 courses in topics including business finance, digital marketing, and innovation strategy. Gender diversity is an essential component of delivering elevated business strategies. It helps attract and retain better talent , enhances creativity, and improves ROI.

Innovation Strategies 275

Innovation Strategies Study Marketing Leadership 275

Bank Innovation

DECEMBER 13, 2019

Smaller banks and credit unions are under increasing pressure from larger banks and tech-centric financial services companies. New data shows why significant gaps in mobile banking capabilities are complicating these FIs’ struggles to keep up.

Mobile 300

Mobile Data Technology Trends 300

PYMNTS

MAY 13, 2019

In the latest Innovation Readiness Playbook series, the Corporate Credit Product Edition, and in collaboration with i2c , PYMNTS surveyed more than 200 FI decision-makers to assess their shifting strategies for innovating this venerable product line. percent of these firms are investing in corporate credit products.

Innovation 194

Innovation Innovation Strategies Strategy Trends 194

Bank Innovation

SEPTEMBER 29, 2016

A host of new speakers joined Bank Innovation Israel 2016 in recent days. Specifically, we’ve added a session entitled “Corporate Innovation Strategies,” which will explore the intersection between fintech and traditional banking. We’ve also revised the agenda to provide a deeper understanding of the current fintech market.

Innovation 150

Innovation Innovation Strategies Strategy Fintech 150

PYMNTS

NOVEMBER 23, 2020

The 2021 New Merchant Business Models Playbook , a research-based report created in collaboration with American Express , examines how merchants are adopting technologies and strategies that empower them to provide seamless shopping experiences in spite of obstacles. About The Playbook.

Report 192

Report Case Study Payments Strategy 192

Bank Innovation

DECEMBER 3, 2019

Banking technology company Finastra is enhancing the rollout of its customer data strategy as clients face new competition. As part of this effort, the London-based company hired Lisa Fiondella as its first-ever chief data officer in November.

Data 243

Data Management Strategy Technology 243

PYMNTS

JUNE 18, 2020

The platform has enabled the use of shared IT infrastructure and services to create a flexible, scalable, and on-demand internet technology (IT) environment, according to the report. The onset of COVID-19 has accelerated its use even more dramatically since March.

Resources 221

Resources Innovation Strategies Analytics Innovation 221

PYMNTS

JULY 31, 2019

However, financial institutions (FIs) are getting better at separating vital areas of innovation from the hype. Banks are increasingly focusing on the fundamentals when determining their innovation agendas. Payment technology is in many ways the flagship among the fleet of innovations that banks are pursuing.

Innovation 151

Innovation Report UX User Experience 151

PYMNTS

AUGUST 8, 2018

PYMNTS, in collaboration with i2c , surveyed more than 200 FIs to shed light on the strategies of the financial industry’s best innovators, covered throughout the Innovation Readiness Playbook series since it rolled out last fall. 80 percent of Top Performers focus innovation efforts on making new features for existing products.

Innovation 109

Innovation Report Innovation Strategies Survey 109

PYMNTS

DECEMBER 31, 2020

Like their cousins in banking, credit unions (CUs) long enjoyed a relaxed pace of technological change. Consumers waited on financial institutions (FIs) to innovate in an odd relationship that put business needs before customers’ needs. It was all on their timetable. Not anymore. CUs Are Going Next-Gen.

Survey 235

Survey Arizona Innovation Innovation Strategies 235

PYMNTS

MAY 29, 2020

Financial institutions (FIs) have been adapting their platforms and technologies to better suit the needs of more digital consumers for decades, but the coronavirus has placed new importance and pressure on accelerating these efforts. Developments Around The Cloud Banking World. Developments Around The Cloud Banking World.

Digital Banking 230

Digital Banking Innovation Online Technology 230

BankInovation

DECEMBER 21, 2020

The post Banking Darwinism: Technology adaptations for a post-COVID world first appeared on Bank Innovation. We’re witnessing this theory in real time. For years, banking has […].

Technology 92

Technology Innovation Innovation Strategies Strategy 92

PYMNTS

JANUARY 14, 2021

The PYMNTS December Credit Union Tracker® , done with the help of PSCU, found that “digital-first approaches are … expected to remain a staple of credit unions’ operations as they craft their innovation strategies for the next year and beyond, especially as 88 percent of CUs surveyed in early 2020 said that they intended to focus more on technologies (..)

Innovation Strategies 155

Innovation Strategies Cards Analytics Survey 155

BankInovation

JULY 23, 2020

Capital One is leaning into its technology investments and digital roadmap as it looks to rebound from the economic disruption of COVID-19 amid declines in revenue across its credit cards and commercial and consumer banking lines.

Technology 69

Technology Capital Cards Company 69

PYMNTS

APRIL 8, 2019

While Alexa skills haven’t taken off with the masses yet, the healthcare industry is hopeful it will given younger adults are more comfortable with technology. We’re all still experimenting.” That’s not to say there isn’t some skepticism about how patient data will be protected on voice-activated speakers.

Data 189

Data Innovation Strategies New York Google 189

BankInovation

MAY 15, 2020

Billionaire Jack Ma’s Ant Financial Services Group saw a surge in Chinese banks seeking out its digital technology to keep business flowing after the coronavirus outbreak shuttered branches across the world’s most populous nation.

Strategy 78

Strategy National Groups Mobile 78

PYMNTS

JULY 23, 2020

This is just one of many questions PYMNTS, in collaboration with PSCU , set out to answer in the Credit Union Innovation Playbook: Card Trends Edition. The pandemic has forced CUs to rethink their card innovation strategies, however, particularly as the total amount of credit being issued to consumers dropped 9.5 Moreover, 89.4

Innovation 174

Innovation Report Cards California 174

PYMNTS

JANUARY 18, 2019

For corporations that want to stay ahead of the competition, innovation is a must, but developing and supporting a payment solution can prove challenging. Instead, many rely on their FIs to create this kind of technology, which presents these institutions with a number of hurdles. Flexible and Far-Reaching .

User Experience 189

User Experience Innovation Strategies Payments Strategy 189

Bobsguide

JUNE 3, 2022

Introduction of new technologies, integration with other channels like mobile and branch, flexibility to implement both new functionalities and mandates are all still encountering a number of infrastructural obstacles. It is also necessary to support alternative cost-reduction strategies like the lean bank branch or ATM pooling.

Innovation 147

Innovation ATM Software Policies 147

PYMNTS

APRIL 2, 2020

Competition for customers — especially millennials — from larger banks and FIs has long required credit unions to keep pace with their more innovative counterparts. This often means providing digital solutions and convenient banking options despite smaller technology and innovation budgets, however.

United States 174

United States Security Innovation Mobile 174

ABA Community Banking

JUNE 17, 2019

A new way for banks to get their innovation strategies off the ground. The post Getting Ahead of the Innovation Game appeared first on ABA Banking Journal.

Innovation 55

Innovation Innovation Strategies Strategy Leadership 55

PYMNTS

JULY 1, 2019

When it comes to technological innovation, however, the smaller players have long been outgunned by larger FIs and their sizable IT budgets. Today, small banks are more aggressive and ambitious in their innovation strategies than medium-sized and large FIs. This is changing — in a big way. percent will focus on this area.

Innovation 157

Innovation Innovation Strategies Survey Groups 157

PYMNTS

JUNE 1, 2020

It is not the technology itself that is important, however, but the strategy behind it. The second] is the added security because obviously, as a bank, security is paramount, and [third], it allows for new technologies to be deployed rapidly.”. The third benefit is becoming critical to the evolving banking industry.

Innovation 132

Innovation Strategy Innovation Strategies Security 132

PYMNTS

AUGUST 1, 2019

But how much are FIs really investing in blockchain and artificial intelligence (AI) compared to more foundational innovations? The latest Innovation Readiness Playbook looks at where FIs have been focusing over the past three years and what their plans are for the near future. When asked about specific innovations, 56.1

Innovation 142

Innovation UX Analytics Study 142

PYMNTS

MAY 31, 2018

They are also the FIs that allocate the majority of their budget and other resources to testing those innovations. But testing new technologies is a complex, intensive process, which can take on a variety of forms. The decision of how to go about testing new technologies can be daunting. So what’s an FI to do?

Innovation 116

Innovation Data Innovation Strategies Community Bank 116

The Financial Brand

FEBRUARY 1, 2022

The post Four Technology Trends Radically Altering the Banking Model appeared first on The Financial Brand - Banking Trends, Analysis & Insights. 2022 looks to be a turning point for the industry amid the rise of platform business models, ecosystems, AI and end-to-end digitization.

Trends 40

Trends Technology Banking Trends Analysis 40

PYMNTS

JULY 30, 2019

The right mix of member engagement and data analytics is among the most effective ways to understand the innovations members will value, according to Cobalt Credit Union President and CEO Gail DeBoer — and to determine which will deliver the highest payoffs. . Technology is not cheap,” DeBoer said.

Innovation 108

Innovation Data Analytics Video 108

PYMNTS

JULY 2, 2020

percent of CU members in the survey said they would prefer their CUs to not innovate at all, while 76.3 percent supported having their CUs innovate and 17.3 percent said they would be willing to switch institutions if their CUs did not choose to innovate at all. Loyalty Innovation Strategies .

Innovation 155

Innovation Branding Tools Innovation Strategies 155

BankInovation

DECEMBER 14, 2020

INV Fintech, Bank Innovation’s sister accelerator, today released its new platform designed for financial institutions to more effectively discover fresh startup technologies, strategies and products.

Fintech 94

Fintech Innovation Strategy Technology 94

The Financial Brand

JANUARY 12, 2022

The post Technology Is Only One Piece of True Digital Transformation in Banking appeared first on The Financial Brand - Banking Trends, Analysis & Insights. Banks and credit unions have readily embraced 'digital transformation,' but few understand what it entails beyond customer-facing apps.

Technology 43

Technology Banking Trends Analysis Trends 43

PYMNTS

NOVEMBER 20, 2019

Cybercriminals are commonly using the same technologies to design and develop nefarious attacks, such as the botnet Mirai and malware like Deep Locker, which used AI and facial recognition to identify targets through factors like geolocation and online behavior. Scotiabank’s Three-Pronged Innovation Strategy.

Fraud 117

Fraud Data Management Analytics 117

Cisco

NOVEMBER 15, 2022

All of this rapid change and push for innovation means that some financial institutions need to get out of their comfort zone and re-engineer their innovation strategies to identify the best way to deliver new products and services to digital ecosystem. Cisco in the evolving ecosystem.

Innovation 156

Innovation Security Data Innovation Strategies 156

Bank Innovation

FEBRUARY 3, 2020

Smiley Technologies, a core banking provider focused on community banks, is trying to help its bank clients secure larger deposits by partnering with deposit technology company Reich & Tang.

Community Bank 221

Community Bank Community Software Technology 221

Bank Innovation

JANUARY 6, 2020

plans to recruit 2,500 programmers this year for the unit that houses its traders and investment bankers, bulking up on coders and data scientists as technology reshapes the business. Citigroup Inc.

Technology 243

Technology Operations Data Innovation Strategies 243

The Financial Brand

NOVEMBER 24, 2015

New technologies are available that banking should consider in the future. The focus on profitability and efficiency starts at the branch banking level.

Innovation Strategies 12

Innovation Strategies Strategy Innovation Technology 12

South State Correspondent

SEPTEMBER 20, 2022

Another popular tactic was that since many banks are ahead of budget this year due to the faster than anticipated rise in margins, many banks are increasing spend on technology and marketing in the back half of this year to set themselves up for success in 2023. The audience learned from these banks’ mistakes and successes.

Conference 195

Conference Marketing social media Data 195