Bank Innovation

JANUARY 10, 2020

In this episode, editors discuss the following news developments: Citi Ventures’ approach to product development through its internal innovation program D10X; CIT Bank’s bet on homeowners associations as a result of its acquisition of Mutual of […].

Video 221

Video Innovation Customer Experience Innovation Strategies 221

BankInovation

JANUARY 22, 2024

Bank technology leaders attend the Consumer Electronics Show every year to spark innovation ideas for the bank’s research and development team; this year the focus was on all things AI.

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BankInovation

FEBRUARY 29, 2024

Canadian banks leaned into technology spend during the most recent quarter as efficiency and innovation remained a priority. She added that banks are focused on three […] She added that banks are focused on three […]

Innovation 63

Innovation Fintech Technology Retail 63

BankInovation

MARCH 7, 2024

Academy Bank is investing in AI this year to ensure that its operations are more efficient and more useful for the end user. “Our Our top goal for the year is to innovate for success, and AI is really at the center of that,” Chief Executive Paul Holewinski told Bank Automation News. Academy is owned by […]

Innovation 63

Innovation Operations 63

Bank Innovation

AUGUST 7, 2018

Recent news that Facebook is in talks with banks on a solution other than “services like customer chat or account management” overlooked how the social media platform already works with banks, a representative of the social network told Bank Innovation. The Wall Street Journal has it wrong.

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social media Data Innovation Management 244

PYMNTS

SEPTEMBER 9, 2020

Mastercard has announced a new virtual testing platform for Central Bank Digital Currencies (CBDCs). The testing tool comes as the global economy embraces digital payments and central banks investigate how to support innovation while maintaining financial stability as they issue the currency. In a Wednesday (Sept.

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cryptocurrency Regional Survey blockchain 330

BankInovation

AUGUST 29, 2023

Barclays Head of Markets Digital Strategy Jennifer Warren will join the Bank Automation News webinar Global Ideas for Better Banking AI on Thursday, Sept. With more than 20 years of experience in financial markets, Warren specializes in spearheading step-change business growth and innovation strategies. 14, at 11 a.m.

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Digital Strategies Strategy Marketing Innovation Strategies 100

Bank Innovation

AUGUST 30, 2019

In this episode, Suman Bhattacharyya, deputy editor of Bank Innovation, discusses the following news developments: How challenger banks based outside of the U.S. customers; PNC Bank’s approach to innovation through the launch of […]. are marketing to U.S.

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Video US Innovation Marketing 150

PYMNTS

AUGUST 6, 2020

Forty-five percent of bank customers said that the way they interact with their bank has changed since the outbreak began, while another 45 percent said they are using mobile wallets. New technologies and API infrastructures are also leading to rapid innovations in the PaaS space, including quicker payments than ever before.

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Regulation Payments Innovation Fintech 245

American Banker

NOVEMBER 30, 2023

Top tech news in November: The Office of the Comptroller of the Currency's appointee to the Office of Financial Technology comes into question, Mint's closure presents opportunities for banks, bank and fintech leaders look towards generative artificial intelligence for innovation and more.

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Financial Technology Innovation Fintech Technology 77

Bank Innovation

APRIL 20, 2018

The Central Bank of Ireland announced today that it would establish a unit to engage with technology providers, startups, and fintechs on various innovation initiatives. Director General, Financial Conduct, Derville Rowland announced the news today in a speech at the UCC’s Financial Services Innovation Centre.

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Fintech Innovation Technology Report 199

PYMNTS

AUGUST 21, 2019

Legacy banks have their work cut out for them if they want to survive another century as key players in the digital banking world. This is driving legacy banks to take a closer look at their own products and strategies, with many rising to the challenge. Around the Digital Banking World.

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Trends Digital Banking Innovation Regional 194

PYMNTS

AUGUST 14, 2020

Now, Guo Shuqing, chairman of the China Banking Regulatory Commission, the nation’s top banking regulator, said investors have been saddled with more than 800 billion yuan ($115 billion) in debt from the failed platforms, Bloomberg News reported. But the news service reported the sector was plagued by fraud and defaults.

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Lending Regulation Industry Fraud 315

PYMNTS

JANUARY 21, 2021

Russia’s Sberbank could roll out its stablecoin as early as this spring after filing with the Bank of Russia to launch a blockchain platform, Cointelegraph reported. The filing process only takes about 45 days, but Sberbank is also still debating how Sbercoin will be taxed, according to Cointelegraph, citing news agency Interfax.

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Nebraska Bitcoin cryptocurrency blockchain 142

PYMNTS

SEPTEMBER 28, 2020

Ant Bank, the virtual banking division of Hangzhou, China-based Ant Group , has launched banking services in Hong Kong, Fintech News reported. The Hong Kong Monetary Authority (HKMA) approved Ant Bank’s application for a virtual banking license. It was one of eight such recipients, the report stated.

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Groups Fintech Mobile Report 272

BankInovation

JULY 5, 2023

billion credit union has several teams, including managers, vice presidents and developers, exploring AI use cases through its innovation lab, The Lab, Ami Iceman-Haueter, chief research and digital experience officer at MSUFCU, told Bank Automation News. […]

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Software Michigan Innovation How To 98

Bank Innovation

SEPTEMBER 6, 2019

In this episode, Suman Bhattacharyya, deputy editor of Bank Innovation, discusses the following news developments: How digital-only Radius Bank seeks to grow its deposit base and brand recognition through its newly-launched Rewards Checking product; Credit Sesame’s […].

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Tools Video Branding Innovation 170

Bank Innovation

SEPTEMBER 13, 2019

In this episode, Suman Bhattacharyya, deputy editor of Bank Innovation, discusses the following news developments: How digital-only banks are attacking overdraft fees; Why banking startup Varo dropped goals-based saving after two years; and How banks are […].

Video 150

Video Innovation Payments Customer Experience 150

PYMNTS

JANUARY 14, 2021

In today’s top payments news around the world, Grab Financial Group said it has raised $300 million in a funding round, while the Saudi Arabian Monetary Authority (SAMA) is introducing an open banking policy. Saudi Arabia’s Open Banking Plan Aims To Advance Digital Innovation.

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Innovation Policies Groups Payments 138

BankInovation

JANUARY 5, 2024

Citi plans to invest in payments, liquidity, trade finance and security services fintechs in 2024 despite ongoing changing macroeconomic conditions, Bis Chatterjee, head of partnerships and innovation at Citi Treasury and Trade Solutions, told Bank Automation News.

Fintech 66

Fintech Innovation Security Payments 66

PYMNTS

MAY 29, 2020

Enabling this seamlessness may be difficult for some banks as they fight to keep their networks from being overwhelmed by a surge of online transactions, particularly established banks still running core banking solutions on outdated, legacy infrastructure. Developments Around The Cloud Banking World.

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Digital Banking Innovation Online Technology 230

Gonzobanker

AUGUST 24, 2023

This decade-long crisis touches banks’ products, technologies, people, processes and the political climate. In an article titled Is the Banking Crisis Over? We Are About to Find Out , the Wall Street Journal identified three concerns that could determine if the banking industry is out of the crisis or still in one: Deposit costs.

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Innovation United States Industry Technology 148

Bank Innovation

OCTOBER 4, 2019

In this episode, Angely Mercado, associate editor, discusses the following news developments: How Bank of China and IBM are using an innovation lab in their efforts to revamp the Bank of China mobile app; How PayPal’s newfound […].

Tools 150

Tools Video Innovation Mobile 150

South State Correspondent

APRIL 4, 2024

The Federal debt is already impacting banking. Cyclical changes and their impact on the economy dominate the news and the attention of corporate boardrooms because they are immediate and need to be addressed in real-time. Federal Debt – Impact Banking The path of the federal debt is already changing economic and public dynamics.

Risk Management 195

Risk Management Community Bank Policies Community 195

Bank Innovation

JULY 26, 2019

In this episode, Suman Bhattacharyya, deputy editor of Bank Innovation, discusses the following news developments: How Presidential candidate Elizabeth Warren and other lawmakers are advocating for the U.S. Welcome to the latest episode of our weekly wrap video series, for the week ending July 26, 2019.

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Industry Video Payments Innovation 170

PYMNTS

OCTOBER 20, 2020

Big business and big treasury banks don’t make big changes on a whim. Edwards said organizations don’t change out of a love of innovation, but because innovations get baked into customers’ expectations. Edwards added that once the innovation flywheel gets spinning, it doesn't stop — it only gets faster.

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Payments Innovation Industry Technology 226

Bank Innovation

AUGUST 23, 2019

In this episode, Suman Bhattacharyya, deputy editor of Bank Innovation, discusses the following news developments: How the U.S. launch of Germany’s N26 adds to the competitive landscape of digital-only banks; Why JPMorgan Chase is pulling its standalone […].

Video 150

Video Innovation Customer Experience Retail 150

BankInovation

JANUARY 18, 2022

In this episode of "The Buzz" podcast, hear how executives in retail digital banking are least confident in their organizations' ability to create a well-defined innovation strategy and measure the results. Over the next five years, banks expect most innovation to happen in product delivery.

Digital Banking 98

Digital Banking Innovation Innovation Strategies Study 98

PYMNTS

MARCH 2, 2020

It’s really difficult, the banking ecosystem is not fast and that’s just reality,” Jim McCarthy, industry expert and former innovation head for Visa, told Karen Webster in a recent conversation. The Headwinds Creating The Innovations Gap . According to the latest edition of the Innovation Readiness report, only 22.3

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Innovation Data System Mobile 222

Bank Innovation

JULY 19, 2019

Welcome to the first episode of our new weekly wrap video series, for the week ending July 19, 2019.

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Video Innovation Capital Retail 199

Bank Innovation

JULY 14, 2017

Fast growing alternative banking app Revolut confirmed this week that it had raised $66 million in a Series B Round, and said it would be adding cryptocurrency trading and a new wealth product. As Bank Innovation reported earlier this month, the London-based startup was on pace for a big fund raise.

cryptocurrency 210

cryptocurrency Bitcoin Fintech Innovation 210

PYMNTS

OCTOBER 14, 2020

Head Keith Grose and Innovate Finance CEO Charlotte Crosswell told Karen Webster as part of a recent PYMNTS TV session on London’s FinTech environment, in partnership with London & Partners, the official international trade, investment and promotion agency for London. The New Normal. Grose noted that Plaid entered the U.K.

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Fintech Industry Innovation Charlotte 258

Bank Innovation

OCTOBER 9, 2018

If Bitcoin hasn't been in the news lately (Bank Innovation included), it's because things aren't going that well for the best-known cryptocurrency, or for that matter any of the altcoins. A new report from Juniper Research found that the value of annual Bitcoin transactions will decline in 2019.

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Report Bitcoin cryptocurrency Innovation 186

PYMNTS

APRIL 1, 2020

Credit unions (CUs), as much as other financial entities, are seeing a boom in competition as banking moves to online and mobile channels. Customers today expect to be able to access financial services instantly, which can put pressure on CUs that need to stretch restricted technology budgets into innovative new features.

United States 181

United States Innovation Online Tools 181

PYMNTS

JANUARY 24, 2018

The financial services industry is no stranger to innovation, but it increasingly appears that change in the space is being driven by outsiders instead of the financial heavyweights. Traditional banks and FIs can either keep up with the pace of innovation or risk losing customers to disruptive innovators. The good news?

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Innovation Data Innovation Strategies Fintech 144

Bank Innovation

SEPTEMBER 20, 2019

In this episode, Suman Bhattacharyya, deputy editor of Bank Innovation, discusses the following news developments: Revolut’s launch of an account for customers under 18; China UnionPay’s latest move in its battle against global competitors, including Mastercard […].

Video 150

Video Innovation Retail Payments 150

PYMNTS

JANUARY 17, 2021

“bKash and MobileMoney will gain access to a wide range of RippleNet’s features, including wallet-to-wallet transactions,” Ripple wrote in a news release announcing the deal. Mutual Trust Bank will handle local banking in Bangladesh under the new arrangement, Ripple’s announcement stated. billion to their home countries.

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Mobile blockchain US Data 357