PYMNTS

NOVEMBER 23, 2018

In banking and payments architecture, especially in the digital realm, a corollary might be “form and function co-exist, and should be flexible enough to change rather quickly.”. Early next year, 86 400 — representative of the number of seconds in a day — will come to market, branchless and backed by the payments provider.

Digital Banking 134

Digital Banking Mobile Data Marketing 134

PYMNTS

JULY 1, 2020

In some cases, we had 150 percent of the volume that we had seen daily in the days before [the pandemic]. So, many of the investments that we made early on in the company – and really our company strategy – paid off and were validated.”. We’ll certainly continue to invest in the developer portal and APIs,” he said.

ATM 250

ATM Digital Banking Data Video 250

PYMNTS

MARCH 22, 2018

Online and mobile banking interfaces have become must-have features for financial institutions in the digital age. Fifty-five percent of Americans have a full-service banking app on their phone, and 16 percent check these apps at least once per day. Around the Digital Banking World.

Digital Banking 152

Digital Banking Report Mobile Online 152

PYMNTS

OCTOBER 21, 2020

Brazil’s government is planning to launch an initial public offering (IPO) for a new digital arm of Caixa Econômica Federal , according to a Reuters report on Tuesday (Oct. We are about to join the OECD. “We We are about to join the OECD. We want this to happen as quickly as [it] can,” he said.

Digital Banking 150

Digital Banking America Policies Fintech 150

FICO

JANUARY 11, 2022

Last year we published a highly successful The 11 Commandments of Digital Banking eBook that introduced the 11 commandments: Digital lift-and-shift is not a strategy! We are kicking off a series of 5 blog posts that take a deeper dive into these posts, grouping the 11 commandments into common themes.

Digital Banking 98

Digital Banking Customer Experience eBook UX 98

PYMNTS

FEBRUARY 21, 2020

FinTech has bought a bank, and it shows how digital-first firms can broaden their scale and reach with cross-pollination across financial offerings. The LendingClub announcement follows the news that mobile bank Varo received approval from U.S. It’s a landmark deal, in a way, because it marks the first time a U.S.

Digital Banking 224

Digital Banking Conference Samsung Fintech 224

PYMNTS

JUNE 13, 2019

Digital bank Monzo, based in the United Kingdom, is crossing the pond. shores, debuting with what is being termed a “limited rollout” of an app linked to a checking account and debit card. The company traces its genesis to 2015 and is among a pantheon of “neobanks” that focus on digital offerings. “We In the U.K.,

Digital Banking 119

Digital Banking Los Angeles San Francisco US 119

PYMNTS

APRIL 19, 2017

We all fell in love with those giant blue faces that weren’t humanlike but were capable of very humanlike emotions and expressions,” Cross said. This is what Soul Machines intends to change. If that’s in our future, we need a new user interface between us and those machines,” Cross said. Giving the Virtual Assistant a Face.

Digital Banking 180

Digital Banking Technology Samsung Meeting 180

PYMNTS

JULY 28, 2019

“It used to be a segment that banks thought was too difficult and too risky. But now they run their model and work out what the risks are so they feel more comfortable.”. Other lenders in China are also boosting their SMB loan offerings. We had suffered huge losses in the past with a bad-loan ratio running at 8 percent.

Digital Banking 198

Digital Banking Lending Risk Management Capital 198

PYMNTS

NOVEMBER 24, 2020

FinTech, digital banking, saving, N26, banking, news, what's hotGerman FinTech N26 is launching a subscription-based digital banking suite to help individuals and businesses better manage their savings and spending. N26 is the pioneer of a freemium subscription model in banking.

Tools 231

Tools Management Digital Banking ATM 231

PYMNTS

SEPTEMBER 11, 2019

In France, Treezor , a banking as a service platform, said this week that has deployed the Thales SafeNet Data Protection On Demand solution for what is being billed as “safety across the entire payment chain, from tier one banks and neo banks to crowdfunding organizations,” as noted in a release.

Digital Banking 177

Digital Banking Regulation Payments cryptocurrency 177

FICO

APRIL 7, 2022

Following the highly successful The 11 Commandments of Digital Banking eBook , we are publishing a series of 5 deeper dive blog posts that group the 11 Commandments below into common themes: Digital lift-and-shift is not a strategy! When it comes to money, people want to know what’s happening. Respect the data.

Digital Banking 52

Digital Banking Security Fraud America 52

FICO

FEBRUARY 12, 2023

Home Blog FICO Top 5 Customer Development Posts of 2022: Digital Banking and Pricing Opti The most popular posts in our Customer Development category dealt with digital banking, optimizing credit line increases, loan pricing and machine learning for credit risk models.

Digital Banking 52

Digital Banking eBook Analytics Customer Experience 52

PYMNTS

JANUARY 26, 2021

Chuck Fagan, president and CEO of PSCU , reflects on the challenges of 2020 and looks ahead to what 2021 will bring. Our resilience was tested, forcing the world to unexpectedly adapt how we live and work. The challenges we have collectively faced this year will not disappear or resolve when the clock strikes midnight on Jan.

Strategy 173

Strategy United States America Meeting 173

CB Insights

JANUARY 5, 2021

In the past few years, the burgeoning popularity of digital banks has only underscored the severity of these problems, with upstarts like Chime and SoFi offering cheaper, faster, and more convenient banking experiences. . get the state of challenger banks report. Source: PwC. The unbanked/underbanked. Globally, 1.7B

Digital Banking 98

Digital Banking US Online FDIC 98

FICO

FEBRUARY 2, 2022

Following the highly successful The 11 Commandments of Digital Banking eBook , we are kicking off a series of 5 deeper dive blog posts that group the 11 commandments below into common themes. Digital lift-and-shift is not a strategy! Banks must find ways to be personable in these impersonal channels.

Customer Experience 52

Customer Experience Digital Banking Video eBook 52

PYMNTS

JULY 30, 2019

But the vision for Money Lion isn’t to be a bank in the best understood version of the term, he said, because “the last thing anyone needs is another traditional bank.”. And what consumers really don’t need are mobile banks that are designed to be digitized version of traditional banks, with perhaps low fees or no fees.

Digital Banking 190

Digital Banking ATM Study FDIC 190

PYMNTS

JUNE 19, 2020

The Challenge Facing Challenger Banks. Ranchere said that’s most observable in the world of challenger banks, as investors reevaluate the core value such firms offer — and their sky-high valuations. There was no shortage of news in the challenger-banking space this week. Financial Wellness’ Tools Bulk Up . Ranchere said.

Digital Banking 142

Digital Banking Payments Tools Branding 142

PYMNTS

DECEMBER 14, 2020

It’s been a busy year in digital banking as the pandemic has driven consumers online to manage as much of their day-to-day lives as possible. When Bank of America Rewards Executive John Sellers glanced at his in-house numbers over the last year, the evidence was plain to see.

Video 292

Video America Online Mobile 292

PYMNTS

AUGUST 6, 2020

“I think across the board as a society, we are leaning into technology in a very big way here,” Roberts said. Here’s what he and Webster foresee. That isn’t to say no one is ever going to shop in a store again or go to a movie theater if offered the option. Roberts said that’s “all very constructive for the digital evolution.”

Payments 151

Payments Digital Banking Google Technology 151

PYMNTS

AUGUST 3, 2020

Webster told panelists that that leads to an obvious question: On a scale of one to five, how close are financial institutions (FIs) getting to actually helping consumers on their journeys to digital-first lifestyles? NCR’s Brown broke his answer into two parts — “digital” and “digital first.”. “On That’s a 2.75

Apple 269

Apple Mobile Innovation Fintech 269

Independent Banker

OCTOBER 31, 2021

Community banks are independent institutions fueled by the needs of their individual communities, so what constitutes innovation will look and feel different for every bank. We connect community bankers, fintech and regulators as part of this product development. That’s why ICBA’s programs offer a wide array of solutions.

Innovation Strategies 186

Innovation Strategies Strategy Innovation Community Bank 186

FICO

MAY 8, 2020

For many years we’ve been reliant on usernames and passwords to secure digital accounts – but we know these aren’t adequate. They simply don’t do the job – so what happens next? Any new authentication methods as a minimum, must offer a suitable level of security and be acceptable to those that use them. Philippines.

Security 83

Security Digital Banking Study Survey 83

PYMNTS

DECEMBER 29, 2020

We were able to get everybody working from home within 48 hours with little to no disruption,” she explained. “We We had secure measures in which individuals connected to all the systems that they needed to work with.”. Digital Banking's Rise In The CU Space. she explained.

Capital 190

Capital Operations Mobile Innovation 190

Perficient

DECEMBER 2, 2020

“Having a Balance With a Bank Doesn’t Make You a Customer.”. Our financial services team recently spoke with the great Jim Marous, the co-publisher of The Financial Brand and the publisher of the Digital Banking Report. The other is a credit union that I signed up with because they offered a particular lending product.

Data 294

Data Customer Experience Case Study Branding 294

PYMNTS

MAY 12, 2020

consumers, seeks to better understand how spending and banking preferences are changing in the digital age. In the Playbook, we examine how the different bank types — local and regional, national and digital — are responding to these trends, in particular the demand for highly functional mobile card apps.

Regional 241

Regional National Cards Mobile 241

PYMNTS

NOVEMBER 20, 2020

CUs cannot rest on their laurels, however, given that competition in the banking space has been intense during the current economic downturn. Studies have shown that CUs must personalize their in-branch and digital offerings with products and services tailored to individual members’ needs to stay competitive.

Technology 253

Technology Indiana Michigan Tools 253

PYMNTS

JUNE 29, 2020

Consumers are leaning heavily on digital banking tools during the pandemic, and studies suggest that they will continue to do so in its wake. Fifty-seven percent of consumers now prefer internet banking solutions, compared to the 49 percent who said the same prior to the pandemic.

Mobile 174

Mobile Digital Banking System Innovation 174

PYMNTS

JANUARY 6, 2021

And according to Doug Brown, senior vice president and general manager of digital banking at NCR , simplicity and innovation have turned what could have been a disastrous year into a transformational pivot for the better. So we led with technology.”. Take restaurants , for example, Brown said: “How do we help them?”

Innovation 318

Innovation Data Examples Community Bank 318

PYMNTS

MAY 27, 2020

For banks, the opportunity is there to cement the trust of their customers during uncertain times that have made individuals increasingly uncertain about personal health, job security, paychecks and even whether the money they have in the accounts is safe and sound. Digital-Only Players Take The Stage. The Great Stress Test.

Fintech 236

Fintech Innovation Digital Banking FDIC 236

Accenture

SEPTEMBER 17, 2021

During such a difficult period, many customers are asking their banks to show a deeper understanding of their particular financial and emotional situation, which is the core of what we call empathetic banking. It’s a personal approach to banking that combines digital with a human touch.

Digital Banking 195

Digital Banking 195

PYMNTS

JULY 16, 2020

But CEO Ugo Weyl of travel insurance platform Koala told Karen Webster recently that now is the perfect time to disrupt what is regarded by consumers as a hideously friction-filled experience. What we’re really aiming for is the ‘wow effect’ for consumers,” he said. That will also reimburse them for the missed trip.”.

Policies 254

Policies Examples Innovation Customer Experience 254

NCR

MARCH 12, 2018

One technology that we can expect to play an increasingly important role in the years to come is predictive analytics. This technology can help banks deliver a valuable, next-generation experience for their customers. What is predictive analytics?

Analytics 75

Analytics Digital Banking Analysis Branding 75

PYMNTS

DECEMBER 10, 2019

Mutual Security Credit Union, with more than $315 million in assets, chose Lumin Digital because of its outstanding user experience, beyond what big banks and other financial institutions could offer. . We look forward to continued success with Lumin Digital as our trusted digital banking partner.” .

Security 130

Security Illinois User Experience Digital Banking 130

PYMNTS

APRIL 13, 2020

The ASKPYMNTS series report What is a Bank: What U.S. Consumers Think About the Key Issues Driving the Connected Economy explored a census-balanced sample of consumers who bank with legacy financial institutions (FIs) as well as credit unions (CUs), digital banks and even PayPal. Banking Endures.

Digital Banking 154

Digital Banking ATM Community Bank Survey 154

Matt Wilcox Pro

NOVEMBER 15, 2016

WE HEAR it over and over: Digital banking is the future, and financial institutions are well advised to hop on that bandwagon yesterday or sooner. But the question has remained, Aside from keeping up with the times, what does digital banking offer financial institutions in terms of ROI?

Digital Banking 60

Digital Banking Study 60

PYMNTS

AUGUST 4, 2020

“FIs already using cloud-enabled infrastructure had an advantage in the immediate response phase,” Martin Frick , managing director of APAC at Temenos, told PYMNTS in the July Digital Banks And The Power Of The Cloud Tracker® done in collaboration with NuoDB. A new debate arising from this era is, these days, “What is a bank?”. “I

Digital Banking 190

Digital Banking Innovation Technology Tools 190