Bank Innovation

JUNE 21, 2018

PREMIUM – Every year Bank Innovation assembles a list of 44 innovators that caught our attention in digital banking and fintech. These are the people Bank Innovation believes to be this year’s movers and shakers in the industry, paving the way with forward-thinking technologies and ideas.

Innovation 321

Innovation Digital Banking Fintech Industry 321

Gonzobanker

MAY 31, 2019

Financial institutions that want to play in the small business lending sandbox need to bring their digital toys. article , former Small Business Administration administrator Karen Mills said community banks with strong small business customer bases that don’t find new ways to serve them digitally are going to face a “reckoning.”

Lending 126

Lending Community Bank Community Data 126

PYMNTS

AUGUST 21, 2020

JPMorgan Chase plans to launch a digital bank in the United Kingdom early next year, Sky News reported Friday (Aug. The move “will enable it to capitalize on the accelerating transition of millions of bank customers from branch-based activity to digital services during the COVID-19 pandemic,” the news outlet said.

Report 173

Report Digital Banking Lending Technology 173

PYMNTS

MAY 23, 2019

Digital banking is not the main element that drives consumers toward using a credit union. However, as Lumin Digital President Jeff Chambers told Karen Webster in a recent conversation, that doesn’t mean the digital banking experience isn’t critical to credit unions’ relationships with their members.

Online 123

Online Millennials Digital Banking Maine 123

Bank Innovation

NOVEMBER 6, 2018

The job market for digital banking is thriving. JPMorgan plans to hire thousands of people for its technology and digital departments, in addition to an entry-level program to train and nurture young technologists. Bank of America’s Cathy Bessant recently predicted that when […].

Training 150

Training Digital Banking US Marketing 150

Abrigo

AUGUST 26, 2019

“Client Focus in Your Financial Institution” will feature community bank executives discussing how their institutions are working to drive the client experience and address these technology challenges. Stay Up-to-Date On Lending Best Practices. The 2018 J.D. Learn More. Credit Risk. Learn More. Credit Risk. Learn More.

Conference 150

Conference Lending Oklahoma Alabama 150

Fintech Labs Insights

NOVEMBER 10, 2023

Consumers have been banking online for 28 years. And from the very beginning, there have been pure-play digital banking startups. The first, online bank Security First Network Bank (SFNB) launched in 1995, just a year after Amazon.com. But unlike ecommerce, digital-only banking was slow to catch on.

Digital Banking 15

Digital Banking Online Atlanta Las Vegas 15

PYMNTS

AUGUST 23, 2019

Among the stories we ran over the past few days is a deep look at the problems with Chase Pay, new information about AI fighting fraud, new research into the gig economy and subscriber churn, and a feature about the risks of online disaster relief efforts. BoA Looks to Create Multi-Currency Digital Wallet. Trackers and Reports.

Lending 109

Lending North Carolina Fraud United States 109

William Mills

SEPTEMBER 25, 2018

SME Lending for the Indian marketplace. Uses video to capture a bank statement via AI processing to improve results. Efficiency gains in getting and processing paper records that are used in the lending review process. ^DG. And of course, SMB lending has been a huge focus for fintech. 09:15 am MuniRisk. www.tinkoff.ru/eng

Mobile 78

Mobile Customer Experience Lending Analytics 78

CB Insights

FEBRUARY 13, 2020

As businesses and consumers become more comfortable using credit cards online, the proportion of US commerce that takes place online has steadily increased over the last 20 years. Specifically, the Collisons aimed to more seamlessly connect online businesses and payment processors, allowing more businesses to accept online payments.

Online 98

Online Company Retail Payments 98

PYMNTS

NOVEMBER 29, 2017

Frontier ruffians may be a thing of the past, but as banks increasingly move toward or are born online, “robbers” have followed them into the digital age. million in Series A funding for its bank, which is slated to be offered in beta in early 2018. That’s where companies like Jiko come into play.

Digital Banking 108

Digital Banking Trends Security Regulation 108

PYMNTS

JANUARY 7, 2020

That unit will include the company’s online lending platform, Marcus , and credit card business, the latter of which is done through a joint venture with Apple. billion seen in December 2018. Might it be the case that the spotlight will shine on some rough patches, moving into a new decade and a new perch as a digital bank?

Report 134

Report Apple Lending Cards 134

PYMNTS

JANUARY 7, 2020

That unit will include the company’s online lending platform, Marcus , and credit card business, the latter of which is done through a joint venture with Apple. billion seen in December 2018. Might it be the case that the spotlight will shine on some rough patches, moving into a new decade and a new perch as a digital bank?

Apple 132

Apple Lending Cards Report 132

PYMNTS

JANUARY 13, 2020

consumer and the sea changes tied to commerce, eCommerce, lending and credit. For those watching the payments sphere, the tea leaves are there for the reading, tied to mobile and digital banking adoption, to outstanding balances on cards, and to auto loans and mortgages. billion seen in December 2018.

Mobile 131

Mobile US Lending America 131

PYMNTS

JANUARY 13, 2020

consumer and the sea changes tied to commerce, eCommerce, lending and credit. For those watching the payments sphere, the tea leaves are there for the reading, tied to mobile and digital banking adoption, to outstanding balances on cards, and to auto loans and mortgages. billion seen in December 2018.

US 130

US Lending America Course 130

Bank Innovation

FEBRUARY 4, 2019

BBVA’s new Group CEO Onur Genç could barely get through a sentence during the bank's fourth-quarter earnings call without saying the word "digital."

Groups 170

Groups Operations Digital Banking Cards 170

PYMNTS

AUGUST 25, 2019

Launched in August 2018, Wanwu Xinxuan is an online retail platform selling children’s apparel, shoes and accessories. Look Who’s Charging is integrated with a number of Australian banks, with data available to millions of Australians within its existing digital banking apps.

Data 109

Data Fintech Lending Regional 109

PYMNTS

OCTOBER 31, 2019

Credit unions (CUs) have followed banks’ digital banking lead, churning out platforms, services and mobile apps for consumers to use speedy, convenient online services. Only 15 percent of surveyed CU executives expected the same. Half of U.S. AI And Its Growing Necessity In Finance.

Innovation 101

Innovation Survey Lending Technology 101

Gonzobanker

MAY 4, 2020

Here are a few of the recent deals (in no order) that caught my attention: MVB Financial/Paladin: MVB, a mid-size bank with a stated focus on serving fintechs, acquired Paladin, a specialty fraud prevention company with a suite for merchants, credit agencies, fintechs and vendors. SoFi/Galileo: This $1.2

Fintech 109

Fintech FDIC Capital Community Bank 109

PYMNTS

APRIL 2, 2018

Consumers demand easy, digital banking, but this pressure for banks to deliver is also coming from corporate clients. Take mobile banking, which has propelled the introduction of mobile-only banks to meet demand for better services on smaller screens.

blockchain 171

blockchain Lending User Experience Mobile 171

Gonzobanker

JANUARY 25, 2019

Taken in total with the recent Elan acquisition and the lending spin-off with Warburg Pincus to what became Sagent Lending Technologies, Fiserv may be diversifying within payments on the First Data deal, but at the same time, it’s getting more concentrated in payments as a part of its overall mix. Diversification versus Concentration.

Data 117

Data Fintech Community Bank UX 117

Accenture

MAY 7, 2019

This got me thinking—in the Instagram and Facebook era of instant online gratification, just how important is the ability to create a relationship with a bank at the swish of your mobile? As of December 2018, Revolut had 200,000 Irish customers , an increase of fourfold in just over a year. Complexity needs the human touch.

Customer Experience 178

Customer Experience Online Millennials social media 178

PYMNTS

JANUARY 20, 2020

Digital deposits were strong across existing and new customers, with the total at $6 billion for the year, versus the $1 billion that was raised in 2018, as detailed by CFO Mark Mason. Spending, Done Digitally. With a nod toward commercial and business banking digital efforts, there are 500,000 CashPro online users.

Cards 134

Cards America Course Mobile 134

William Mills

MAY 9, 2018

Welcome to FinovateSpring 2018. A TON of really old technology is being used in mortgage lending. Fiserv is highly regarded for its leadership and innovation, and award-winning solutions for mobile and online banking, payments, risk management, data analytics and core account processing. Good job AI Foundry! Brian Milas.

Security 40

Security Samsung Strategy San Jose 40

PYMNTS

OCTOBER 12, 2017

Excluding special items, said Lake, the loss rate on auto lending was only 41 basis points. Digital banking customers were up 6 percent, and mobile customer counts were up 12 percent to a respective 46.3 Further details will come during the company’s investor day presentation scheduled for February 2018. million and 29.3

Cards 109

Cards Mobile Community Bank Conference 109

CB Insights

AUGUST 26, 2021

More recently, as remote workout options have grown in usage, the firm has backed digital fitness brands like fitness community Keep and at-home gym Tempo. SoftBank has backed a slew of edtech startups in 2021, from AI tutor Riiid to online education platform Unacademy to employee upskilling company Go1. . Digital banking.

Regional 94

Regional Fintech Analysis Company 94

PYMNTS

APRIL 23, 2018

And digital wallets face new risks to their model on the heels of the card brands’ recent embrace of browser-based, EMVCo-based online standards (Secure Remote Commerce, or SRC) that deliver a robust card-on-file solution experience for their issuers’ products inside a single “Pay” button. To name but a few. Take retail. Yes, they do.

Retail 117

Retail Maine Lending Software 117

Gonzobanker

DECEMBER 22, 2020

And how did community banks and credit unions respond to the COVID craziness? Financial institutions went from having no PPP lending program at all to funding their first loan in 90 days – and this with literally last-minute regulatory guidance. There have been many come-and-go digital banks. Gritty is good.

Idaho 172

Idaho Community Industry Strategy 172

PYMNTS

APRIL 30, 2018

Fifty-four percent of small business owners say they are optimistic about the national economy , found Bank of America’s 2018 Business Advantage Small Business Owner Report. Fifty-seven percent of entrepreneurs told Nav they prefer big banks , with 57 percent choosing to bank with large providers.

Taxes 144

Taxes America National Community 144

PYMNTS

AUGUST 28, 2017

As has been reported before, new general laws will take effect in May of 2018 that span Europe and will govern how information is gathered, stored and distributed. The alarm had been sounded, as Australia said that digital currencies helped organized crime reap some riches in that country. China and Clearing House Efforts.

New York 142

New York Regulation Bitcoin United States 142

CB Insights

NOVEMBER 5, 2019

In Q2’19, Tencent’s fintech and business services category grew 37% YoY in contrast to 16% growth in online advertising revenue, down from 25% in Q1’19. One area where Ant has ingrained itself into the daily lives of its younger users is in short-term installment lending. Making virtual credit a part of everyday life.

Fintech 51

Fintech social media Analysis Marketing 51

Fintech Labs Insights

NOVEMBER 22, 2021

2018 round. Nov 2018 transaction. Sub-Category. 5 Nov 2021. 5 Nov 2021. Ant Technology. 5 Nov 2021. 5 Nov 2021. Netherlands. 5 Nov 2021. June 2021 round. 5 Nov 2021. 5 Nov 2021. July 2021 round. 5 Nov 2021. 5 Nov 2021. August 2021 exit to Square. 5 Nov 2021. Aug 2021 round. FTX Exchange. Oct 2021 round. 5 Nov 2021. New Zealand.

Fintech 15

Fintech Lending Payments Security 15

Gonzobanker

MARCH 6, 2018

Digital: The New Must-Have. Much like a bank that over-concentrates itself on commercial real estate lending, banks that rely too heavily on physical channels for consumer and business customers risk attrition, lost revenue and increased expenses. Consider these numbers from PwC’s 2017 Digital Banking Consumer Survey : ?

Strategy 87

Strategy Marketing Mobile Trends 87

Fintech Labs Insights

APRIL 15, 2021

Embedded lending infrastructure for software companies. Lending #Cards. Debt as a service for companies to lend money to their users at scale. Founded: 2018. Lending #DebtManagement. Founded: 2018. Lending #SMB. . Lending #Proptech. Lending #SMB. Banking #SMB. Banking #Payments.

San Francisco 15

San Francisco CA Fintech Company 15

CB Insights

NOVEMBER 21, 2019

Canadian VC-backed companies saw funding drop 13% in H1 2019 compared to H1 2018. Digital banking and financial infrastructure. Companies in this subcategory provide (1) white-labeled technology infrastructure to banking players, or (2) leverage technology to provide financial infrastructure and banking software (e.g.

Fintech 93

Fintech Marketing US Technology 93

PYMNTS

APRIL 16, 2019

You wouldn’t need to go back more than two generations to spot the difference: A bank generally did business with people known by the financial institution’s employees and officers, lending to “people in good standing in the community,” said Stephen Maloney, EVP of business development and strategy at Acuant , during a recent PYMNTS interview.

Security 132

Security Trends Strategy Course 132

CB Insights

OCTOBER 10, 2018

What these startups share is the goal of creating customer-centric banking products that target underserved individuals and businesses. DOWNLOAD THE 61-PAGE consumer banking REPORT. See which startups are helping JPMorgan, Bank of America, and Citi build the digital banking platforms of the future.

Retail 78

Retail Cards Millennials Mobile 78