Independent Banker

OCTOBER 31, 2019

“A plethora of new digital payments offerings now must factor into business strategies.”. That sentiment rings true for digital payments. Today, community bankers hold a place at the digital payments table, both as drivers of change and as witnesses to the flurry of activity. Where I’ll be this month.

Tampa 87

Tampa Community Bank Community Strategy 87

Accenture

OCTOBER 9, 2019

According to our survey, 87 percent of banking executives agree that the integration of customization and real-time delivery is the next big wave of competitive advantage. In the digital age, the Internet of Things, AI and other next-gen technologies help to minimize delays in quotes.

Survey 150

Survey Technology Marketing Industry 150

PYMNTS

OCTOBER 16, 2019

Recent scandals involving Deutsche Bank and Swedbank have made consumers reconsider their trust in financial institutions, many of which are scrambling to keep fraudsters out and bring customers back. Meg Birch, vice president of AML solutions at Feedzai, spoke about how a financial institution’s AML program can be a growth strategy. “It

Compliance 123

Compliance Fraud Study Digital Banking 123

PYMNTS

OCTOBER 9, 2019

In other news, the SIX Digital Exchange (SDX) announced that it is joining forces with the Swiss National Bank (SNB) on a proof of concept to look into how digital central bank money could be used in the settlement of tokenized assets between market participants. “As Bitcoin is making a comeback after its September crash.

Bitcoin 116

Bitcoin San Francisco Taxes Compliance 116

PYMNTS

OCTOBER 9, 2019

bank NatWest has started a three-month trial of a biometric credit card that will use a fingerprint in lieu of a PIN. 7, and it’s in tandem with Mastercard and the digital security company Gemalto. CNBC reported that the test was launched on Oct. There will be 150 users will be involved in the test. .

Cards 132

Cards ATM Security Innovation 132

Bank Innovation

OCTOBER 9, 2019

For Northwestern Mutual, digitization imperatives have forced it to think more like a tech company. In particular, the path to developing more online tools included the acquisition of digital financial planning company LearnVest in 2015 for $250 million. It’s achieved this by way of internal reorganization and acquisition.

Tools 150

Tools Online Company Customer Experience 150

PYMNTS

OCTOBER 11, 2019

Here is what we’ve learned from the Libra experience that may be helpful to other innovators who have large plans to change the world. Inside Synchrony Financials’ AML Playbook (Feedzai Digital Banking Tracker). Levi’s Talks Up Its Big Digital Game — Including In China. Visa, Intuit Launch Instant Deposit For SMBs.

Cards 116

Cards Online Houston Digital Banking 116

PYMNTS

OCTOBER 3, 2019

Though fraud technology has evolved to combat the monster of payments fraud, there is a growth threat for banks that innovators are also paying attention to as financial institutions (FIs) increase their appetite for such tools. The report noted that large banks are losing an estimated 2.9 percent for smaller banks.

Fraud 158

Fraud Lending Technology Survey 158

PYMNTS

OCTOBER 31, 2019

Fifty-three percent believe digital access will be the single most important driver of customer loyalty five years from now; five years ago, traditional points and rewards were seen as the main driver of customer loyalty. And, the data also demonstrates, they are increasingly aware that the primacy of points is fading. That won’t be easy.

Branding 104

Branding Strategy Management Data 104

PYMNTS

OCTOBER 28, 2019

Today, consumers use bank apps , or bank-like apps from neobanks or telcos, to check their balances and pay bills. They use investment apps to manage their money, and payment apps and digital wallets to store balances and pay for the things they want to buy. They support a lot of commerce apps –including Uber – in the App Store.

Google 161

Google Apple Management Mobile 161

The Financial Brand

OCTOBER 13, 2019

The most innovative leaders in banking are generating greater profits and higher satisfaction scores. The post What Top Innovation Leaders in Banking Have in Common appeared first on The Financial Brand. Here's what they have in common.

Innovation 29

Innovation Branding Innovation Strategies Report 29

PYMNTS

OCTOBER 7, 2019

Instead of piling on, though, I’d rather be constructive and lay out what we’ve learned from the Libra experience that may be helpful to other innovators who have big ideas to change the world. Before people need a digital wallet in which to store their money, they need to have the money – and food in their bellies.

Regulation 199

Regulation cryptocurrency Innovation Meeting 199