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US Inches Toward Open Banking With CFPB Notice

PYMNTS

The technology conglomerate announced this week a new cloud service to help smaller banks integrate anti-money (AML) laundering protections via its Financial Crime and Compliance Management Cloud Service. Plus, leveraging the cloud to deploy digital banking has allowed us to introduce updates more often and innovate faster.

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Retailers Look To Digital Technologies After Beating The Street

PYMNTS

As quick-service restaurants (QSRs) look to the future, digital innovations such as self-serve kiosks and delivery are on top of mind. But mall owners and operators are occupied with a different focus: what to do with closing anchor tenants that once filled valuable space in their malls. Same-store sales were up 2.9

Retail 101
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What An Educationally Focused CU Can Teach Other FIs

PYMNTS

While banks and rival FinTech companies are often able to more quickly adopt and release new technological solutions to their customers, one of the areas in which credit unions have managed to be highly competitive with their financial rivals is customer service. Member-driven Innovation. Marry a teacher,” he joked.

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Banking's Total Return Top 5: 2013 Edition

Jeff For Banks

and its subsidiary BofI Federal Bank aspire to be the most innovative branchless bank in the United States providing products and services superior to their competitors, branch-based or otherwise. versus 68.5%, respectively) and its operating expenses as a percent of average assets compared to peer banks (1.66% versus 3.09%, respectively).So,

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PSCU’s Lumin Teams With Vermont Credit Union To Provide Digital Banking

PYMNTS

“PSCU’s unique position in the industry as a cooperative providing card management services, 24/7 contact center services and, most recently, a state-of-the-art digital banking platform, made Lumin Digital an ideal partner. Earlier this month, Lumin Digital signed Bartlett, Tennessee-based First South Financial credit union.

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CFPB Sets Sights on Data-Security Practices

Fintech Labs Insights

It’s even harder to imagine such an action when the very same agency announced a policy to encourage consumer-friendly financial innovations just a few weeks before imposing the fines. The action targeted Dwolla , a Finovate alum operating a digital payment network that allows members to send and receive money. What happened.

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The top-performing community banks of 2021

Independent Banker

First Community Bank of Tennessee. Underlying BankVista’s success has been a management philosophy focused on open debate about how to improve, Freeman adds. The community bank uses the Entrepreneurial Operating System, commonly known as EOS Traction, to keep departmental efforts aligned. Central Bank of Kansas City. Mendenhall.