PYMNTS

MARCH 31, 2020

Tokyo, Japan’s digital banking startup Kyash has closed a $45 million Series C funding deal co-led by Greenspring Associates and Goodwater Capital, Kyash said in a statement on Sunday (March 30). Greenspring Associates is a global venture capital investment platform managing assets in excess of $10 billion. This is our main business.”.

Fintech 201

Fintech Capital Groups ATM 201

Gonzobanker

DECEMBER 14, 2023

Bank leaders must feel like Rocky Balboa after 15 rounds with Apollo Creed. Just think of what the industry dealt with in the last 12 months: The brunt of the unprecedented scope and pace of Fed rate hikes hit home, and banks have seen an.80 The housing industry, and mortgage banking revenue, came to a stop. What a year.

Fintech 195

Fintech Community Regional Technology 195

Abrigo

FEBRUARY 27, 2020

At most banks and credit unions, for example, staff re-enter the same data point between 1 and 5 times. This means having processes and people in place for bringing in borrowers, identifying the right loans to book, pricing them correctly, and closing loans quickly and efficiently enough to meet customer needs and institutional goals.

Lending 243

Lending Survey Data System 243

Accenture

OCTOBER 9, 2019

The credit card partnership market is off to an aggressive start in 2019, given issuers’ robust activity in the first half to try to fuel new growth amidst a leveling-off in receivables. Already, 10 new credit card programs launched in the second quarter of 2019 (Figure 1), compared to the 16 launched in 2018, based on our analysis.

Cards 150

Cards Analysis Retail Apple 150

Abrigo

MARCH 15, 2022

Offering Digital Consumer and Commercial Accounts Benefits Financial Institutions Banks and credit unions that enable online/digital account opening win new customers and members and retain existing ones. . Takeaway 2 Financial services providers use online or digital account opening features to win new customers and accounts .

Online 195

Online Lending Survey Digital Banking 195

Accenture

SEPTEMBER 22, 2019

In my frequent conversations with clients across the UK and Irish banking industry, one of today’s hottest topics is the rise of the challenger banks such as CYBG, Metro and AIB UK, and particularly the neo-challenger banks providing digital-only services, like Monzo, Atom and Starling. in the year to February 2019.

Innovation 150

Innovation Metro Apple Marketing 150

Insights on Business

FEBRUARY 10, 2019

While other companies are still defining use cases and exploring proof of concepts, IBM already has blockchain solutions in production and often encourages new clients to skip the proof of concept stage and join one of their existing networks. Tuesday, 9:30 AM – 10:10 AM | Session ID: 6925A. Speakers: Jason Kelley, IBM.

blockchain 128

blockchain San Francisco Industry social media 128

PYMNTS

JANUARY 17, 2020

Plaid, of course, uses application programming interfaces (APIs) to link FinTech apps with end customers’ bank accounts. Specifically, Global Blue focuses on tourists spending abroad, and offers products that help capitalize on tax-free shopping as they buy luxury goods. percent for the entirety of 2019.

Company 132

Company Payments social media United States 132

Abrigo

JANUARY 13, 2020

Having the right technology can play an important role in cross-selling CFI customers or members. In 2020, a top focus for community financial institutions is new customer acquisition, according to the BAI Banking Outlook: Trends in 2020 survey. Cross-selling also creates the “stickiness” so crucial to customer retention.

Lending 150

Lending Study Survey Community 150

PYMNTS

FEBRUARY 14, 2020

We have deep dives into unattended retail, rapid settlements and cybersecurity, as well as news on Mastercard receiving the go-ahead from China’s central bank to set up a bank clearing business. China’s central bank gave Mastercard the green light on Feb. What Amazon At 10 Can Teach Us About Uber At 10.

Retail 141

Retail Cards Millennials Fraud 141

Gonzobanker

AUGUST 3, 2023

disrupted banks’ income on debit cards. While banks won’t immediately feel the effects that Durbin 1.0 Traditionally, bank and credit union card issuers have benefitted financially from the fierce competition between the Visa and Mastercard brands. Banks should not make brand decisions, sig or PIN, based solely on this data.

Cards 145

Cards Payments Branding ATM 145

Gonzobanker

JANUARY 4, 2022

These fintech and banking trends should be on financial institutions’ radar in the year ahead. This list of top banking and fintech trends for 2022 won’t tell anyone anything they haven’t already heard about. In 2022, community banks and credit unions will have to revisit and overhaul their overdraft policies and strategies.

Trends 190

Trends Fintech social media Strategy 190

Abrigo

JANUARY 25, 2022

Change Management Helps Financial Institutions with Digitalization Bank and credit union executives who manage the people side of digital transformation have more success. . That has top bank and credit union leaders looking to continue the advances in digitalization that have helped them through the pandemic. Not in all cases.

Management 195

Management Software Survey Fintech 195

Gonzobanker

AUGUST 11, 2020

2020 is the wildest downward ride in the market since 1929, which, one would think, is taking its toll on the fintech ecosystem serving banks and credit unions. For anyone thinking that Wall Street investment banking was separate from Main Street retail banking, commercial banking and fintech, 2020 is clearing that up.

Lending 158

Lending Fintech Analytics UX 158

Accenture

MAY 22, 2019

Tim brings a unique perspective to treasury management services, having worked in industry, for solution providers and in consulting, helping commercial banks meet changing client expectations with new product and market strategies. As a result, most bank business interactions are the same as they were 20 years ago.

Payments 150

Payments Customer Experience Survey Capital 150

PYMNTS

MARCH 4, 2019

These platforms aim to provide streamlined shopping experiences for corporate customers, allowing them to find services, compare prices and make purchases or bookings in one spot. B2B marketplaces bank on drawing customers to their platforms by offering convenient shopping experiences, much as consumer-focused eCommerce sites do.

Management 121

Management Fraud Marketing Payments 121

PYMNTS

JULY 18, 2019

In a PYMNTS interview with Karen Webster, Joe DeRosa, EVP of Global Sales at i2c , discussed the findings of the July 2019 Innovation Readiness Playbook , subtitled “Leveling the Playing Field for Different-Sized FIs.” is 10 years old. DeRosa termed that a surprising figure — but not for the reasons you might think. Smaller Is Bolder?

Innovation 155

Innovation Study Technology Millennials 155

PYMNTS

OCTOBER 2, 2018

Avant’s consumer-facing product is devised as a digital alternative to that market. We’re also a pure-play technology company, designed to support banks [that] want to offer lending products, but … either can’t or won’t dedicate hundreds of millions to building the capacity,” he said. A Better Option For Banks.

Lending 134

Lending Alabama Online System 134

Independent Banker

SEPTEMBER 30, 2021

Building trust in your institution has a lot to do with technology, from implementing strong data security practices to humanizing your online customer interactions. But for most community banks, building a trustworthy brand isn’t a conscious effort. fashioned customer service. billion-asset community bank.

Community 139

Community Community Bank social media Security 139

PYMNTS

FEBRUARY 24, 2020

But with consumer spending holding steady, it’s important for retailers to grasp the opportunity to create innovative ways to get, keep and grow customers. But experiential marketing is also a customer-centric strategy intended to drive customer retention and strengthen the bond between retailer and consumer. Pop-up stores ?

Retail 210

Retail Branding New York City Indiana 210

PYMNTS

JUNE 26, 2019

With the Strong Customer Authentication (SCA) deadline looming in September, the mandate by the European Banking Authority requiring “strong customer authentication” for all electronic payments over €10 is causing banks to play catch-up. Banks Competing with FinTechs. Roughly one-third (36 percent) of U.K.

California 109

California Regulation Fintech Data 109

Abrigo

DECEMBER 1, 2020

There’s still going to be good strong customers out there that have solid collateral to back their loans,” said Abrigo Senior Advisor Rob Newberry. Lenders will need to identify their ‘good’ customers from their ‘bad’ customers and not chase loan opportunities they shouldn’t just because they have excess liquidity to lend.”

Lending 195

Lending Survey Operations Payments 195

FICO

AUGUST 19, 2022

Tackling the Fintech Threat: A Guide for Banks and Credit Unions. Thu, 12/19/2019 - 16:29. billion globally in 2021 – banks and credit unions are losing their status as the primary financial services providers to American consumers. Taking the FinTech Threat Seriously: What Should Banks Be Doing to Compete?

Fintech 52

Fintech Millennials Lending Tools 52

FICO

MAY 2, 2023

Customers are always front and centre of business decisions and robust processes have been well-established. Hurdles to Overcome The FCA expects consumers to receive communications they can understand, products and services that meet their needs and offer fair value, and get the support they need, when they need it.

Compliance 52

Compliance How To Tools Strategy 52

PYMNTS

DECEMBER 18, 2019

In 2019, Black Friday generated roughly $7.2 Part of that difference, PYMNTS discussed in a recent conversation with PingPong ’s Senior Director of the International Product Richard Zheng, is a simple matter of size. The customer who wants to shop goes to a large commerce marketplace, usually with a fairly specific idea of what to buy.

social media 135

social media Course Comparison Examples 135

Jeff For Banks

DECEMBER 7, 2019

The first bank over $50 billion in assets was JPMorgan Chase at 33rd on the list. Bank of America was 83rd. My method was to search for the best banks based on total return to shareholders over the past five years. As a point of reference, the SNL US Bank & Thrift index total five year return was 65%.

Indiana 78

Indiana Oregon South Dakota Community Bank 78

Cisco

MAY 29, 2019

In retail banking, it’s clear customer experience matters, and the stakes have never been higher. Study after study confirms the importance of providing personalized, integrated experiences for satisfaction and retention of financial services customers. Ultimately, customers want to be known and valued.

Customer Experience 72

Customer Experience Retail San Diego Study 72

CB Insights

FEBRUARY 13, 2020

In an interview at CB Insights’ 2019 Future of Fintech conference, CFO and CPO William Gaybrick indicated that businesses are more constrained by developer resources than by capital. Stripe’s early success in acquiring customers was largely due to its mass appeal to the developer community. Expanding product suites: Stripe vs. Square.

Online 98

Online Company Retail Payments 98

PYMNTS

NOVEMBER 29, 2019

26, the eCommerce operator, via its Alexa Skills Kit Blog , announced the debut of “two new Alexa capabilities that will help create a more natural and intuitive voice experience for your customers.”. For example, you can have Alexa respond in a happy/excited tone when a customer answers a trivia question correctly or wins a game.

Examples 128

Examples Trends Technology Payments 128

BankUnderground

APRIL 6, 2022

The current political situation between Russia and Ukraine, including many countries’ sanctions and bans on the import of Russian products, is likely to perpetuate the specter of broad and long-lasting shocks to multiple economies. It then proposes a risk-reward framework for thinking about when policy interventions are necessary.

Policies 90

Policies National Analysis System 90

PYMNTS

JUNE 27, 2019

And while the continual drumbeat of announcements from various players looking to find new and inventive ways to apply distributed ledger technology to various parts of Brazil’s financial services industry has something of a tendency to stand out, digital payments and banking news in general has been coming quick and constant.

blockchain 147

blockchain Payments Regional America 147

FICO

FEBRUARY 9, 2023

Looking at the bigger picture, banks, lenders, financial institutions, industry and commerce are all now facing the same challenges — on a macro scale. It will also put financial institutions in a prime position to flourish in the evolving banking sector. But there are numerous routes to delivering personalization.

Analytics 52

Analytics South Carolina Management US 52

PYMNTS

NOVEMBER 2, 2020

“ Membership has its privileges ” was the nine-year ad campaign launched by American Express in 1987 to persuade consumers that it was worth it to pay an annual fee for one of its charge card products. billion in the bank. But three in 10 bridge millennials already report having both, just a month in.

Millennials 246

Millennials Retail Online Report 246

CB Insights

DECEMBER 4, 2019

If Amazon can get you lower-debt payments or give you a bank account, you’ll buy more stuff on Amazon.”. Based on our findings, it’s hard to claim that Amazon is building the next-generation bank. Increase the number of customers on Amazon, and enable each customer to spend more. Amazon’s Next Financial Pillar.

Cards 101

Cards Lending Strategy US 101

Cisco

MAY 29, 2019

In retail banking, it’s clear customer experience matters, and the stakes have never been higher. Study after study confirms the importance of providing personalized, integrated experiences for satisfaction and retention of financial services customers. Ultimately, customers want to be known and valued.

Customer Experience 48

Customer Experience Retail San Diego Study 48

PYMNTS

DECEMBER 21, 2020

It’s the impact of the digital-first consumer on nearly every one of the 10 pillars that define our connected economy — and the efforts of companies large and small to capture their attention and their business. Source: PYMNTS.com longitudinal study of over 40,000 consumers (data from the most recent panel on Nov. consumers — 47.2

Apple 227

Apple Study Innovation Survey 227

Gonzobanker

DECEMBER 20, 2018

We’ve seen the big Wall Street banks raise the hurdle (and clear it!) for creative customer skewering. about the best and worst in banking for 2018 and get fired up to start again in ’19. about the best and worst in banking for 2018 and get fired up to start again in ’19. THE BANKING AWARDS. Bank Sale of the Year.

Fintech 105

Fintech Conference Innovation Community 105