Chris Skinner

APRIL 21, 2020

Things we’re reading today include … Bank of England boss: Loans need to be sorted out Fitch downgrades 10 European banks and warns coronavirus impact could lead to more Chinese bank publishes first-ever banking blockchain white paper RBS digital bank Bo is losing its chief product builder Coronavirus: Branson offers … The post Things (..)

blockchain 278

blockchain Digital Banking 278

Payments Dive

FEBRUARY 27, 2023

The Seattle-based remittance fintech launched Passbook in 2020. The product, however, hasn’t garnered significant overlap with existing customers, Remitly CEO Matt Oppenheimer said.

Seattle 259

Seattle Digital Banking Fintech 259

Chris Skinner

FEBRUARY 10, 2020

Things we’re reading today include … Australia plans new bank stress tests to assess climate change impact 2 in 5 would consider digital banks but only once they are ‘popular and successful’ Starling Bank raises £60m from existing investors Deutsche Bank’s revamp plans win support Ex-Virgin Money chief joins cultural … (..)

Digital Banking 278

Digital Banking 278

Chris Skinner

FEBRUARY 5, 2020

Things we’re reading today include … RBS’s digital bank Bo tells customers to shred their cards Starling hits 100,000 business customers as SME banking hots up UniCredit cuts further its stake in Turkey’s Yapi Kredi Barclays faces fresh investor revolt over fossil fuels What the City needs from an EU … The post Things (..)

Digital Banking 278

Digital Banking Cards 278

Chris Skinner

MAY 6, 2020

Things we’re reading today include … Banking the rich and famous: the rise of private digital banks Bank of England expected to hold off on fresh stimulus for now Coronavirus threatens future of eurozone, Brussels warns Small firms secure £2bn in bounce-back loans in first 24 hours Virgin Money suspends … The post Things worth reading: (..)

Digital Banking 260

Digital Banking Security 260

Chris Skinner

MARCH 4, 2020

Things we’re reading today include … Digital bank Starling to create 400 jobs in Cardiff Metro Bank ousts risk officer a fortnight after he joined ailing lender Michael Sherwood joins Revolut board Regulatory equivalence with EU could risk US deal China’s Ant Financial takes stake in Sweden’s Klarna Can the … The post Things worth (..)

Metro 269

Metro Digital Banking US 269

Chris Skinner

FEBRUARY 16, 2020

Things we’re reading today include … China disinfects banknotes and quarantines them for 14 days Brexit: Britain and EU ‘will rip each other apart’ in trade talks Former Morgan Stanley president slams Europe’s capital markets Climate change could make premiums unaffordable: QBE Insurance UK digital bank Monzo plans to hire … (..)

Digital Banking 260

Digital Banking Capital Marketing 260

Chris Skinner

FEBRUARY 11, 2020

Things we’re reading today include … Wells Fargo CEO Scharf shakes up management at scandal-hit bank ABN Amro’s fourth-quarter net profit misses on low interest and rising impairments German digital bank N26 pulls out of UK, blaming Brexit Blockchain: The revolution that hasn’t quite happened Challenger bank N26 to shut … (..)

blockchain 260

blockchain Digital Banking Management 260

Bank Innovation

DECEMBER 4, 2019

Koho, a Toronto-based digital banking startup, is on track to expand its product suite to include credit and savings products in 2020, CEO Daniel Eberhard told Bank Innovation on Wednesday. In late November, the […].

Tools 332

Tools Digital Banking Innovation Cards 332

Chris Skinner

JANUARY 6, 2020

Things we’re reading today include … The rise of the invisible bank Singapore Digital Bank Licenses Draw 21 Applications Few Bank Failures Could Be a Warning Sign for U.S. Financial System Digital Banking Have You Befuddled?

Digital Banking 204

Digital Banking System 204

Chris Skinner

JANUARY 9, 2020

Things we’re reading today include … Indigenous man and girl handcuffed for opening bank account Singapore receives 21 applications for five digital bank licences Customers threaten to leave Tandem Bank after announcement of new £6 monthly charge Goldman Sachs answers investor demands on consumer bank The banking tech trends that … (..)

Trends 213

Trends Digital Banking 213

ATM Marketplace

JANUARY 2, 2020

The growing phenomenon of direct, digital banking and Silicon Valley's entry into the payments business pose a series of challenges to traditional banks. NCR's Doug Brown explores the landscape for 2020 to determine how these trends will impact the global banking business moving forward.

Trends 105

Trends Digital Banking Banking Trends Payments 105

PYMNTS

DECEMBER 30, 2020

Filling this void is digital banking, which has seen unprecedented levels of adoption as customers look to carry on their financial activities without leaving their homes. How 2020 Impacted Digital-First Banking. This shift to digital banking is here to stay for many bank customers.

Digital Banking 240

Digital Banking Study Examples Meeting 240

PYMNTS

JUNE 29, 2020

Bank branches are either closing outright or slashing their business hours to help customers maintain social distancing guidelines — but fortunately, the growing familiarity of digital banking has allowed customers to meet their financial needs online and has kept financial institutions (FIs) in business.

Digital Banking 317

Digital Banking Mobile Study Guidelines 317

Jack Henry

DECEMBER 23, 2020

The beginning of a new year has traditionally been the perfect time to market your digital banking to help people get financially organized. But when planning to promote digital banking this year, the idea of financial resolutions might not connect in quite the same way.

Digital Banking 167

Digital Banking Marketing Tools How To 167

PYMNTS

APRIL 23, 2020

More banks are therefore moving away from legacy core systems to embrace cloud-native architectures to power automation and meet the speed expected by consumers, securely. The bank is working with technology giants Google and Microsoft to create new cloud-based tools that will use their cloud computing software.

Digital Banking 262

Digital Banking Security Innovation Google 262

Gonzobanker

DECEMBER 22, 2020

This Year was brought to you by the number 2020 and the letters W, T and F” – Big Bird (more or less). Sit back and enjoy our take on the best and worst of banking in 2020 as you celebrate the holidays. THE BANK AWARDS. Most Oft-Heard Statements of 2020. The Tiny Bank that Did It Award UBank of Texas.

Idaho 183

Idaho Community Industry Strategy 183

PYMNTS

OCTOBER 20, 2020

They are the brands tracked in PYMNTS’ Provider Ranking of Digital Banking Apps for October 2020, and the surprise can’t be spoiled because, with two very notable exceptions, there aren’t any. 1 spot on the latest ranking of digital banking apps, with its valuation hitting $14.5 8, is Germany-based direct bank N26.

Digital Banking 140

Digital Banking Millennials Tools Mobile 140

PYMNTS

JANUARY 3, 2020

In late June, the Monetary Authority of Singapore (MAS) sent a ripple through the global financial services ecosystem with the announcement of its intention to issue five digital bank licenses to eligible applicants. Only two of the licenses will full digital banking licenses, while the other three will be wholesale banking licenses.

Digital Banking 130

Digital Banking Groups Regional Mobile 130

PYMNTS

NOVEMBER 24, 2020

Digital banking platform HMBradley announced on Tuesday (Nov. The funding, which was led by Acrew Capital , will also be used to expand its customer offerings, the bank said in a press release emailed to PYMNTS. HMBradley launched its high-yield savings accounts and direct deposits in March of 2020.

Digital Banking 141

Digital Banking Cards Capital Branding 141

PYMNTS

DECEMBER 27, 2019

billion) and mortgages find most credits unions on solid footing as 2020 begins. But change is in the air, and it’s the intoxicating scent of digital transformation. Specifically, the metamorphic impact of mobile open banking and instant payments has been the first real test of the trust bond that holds CUs together.

Digital Banking 130

Digital Banking Millennials Banking Trends Mobile 130

PYMNTS

JANUARY 6, 2020

Another group of Singaporean businesses, Beyond Consortium, has thrown its hat in the ring to apply for the country’s digital bank licenses. The Monetary Authority of Singapore will award five licenses for digital banking, which it plans to announce its decisions on in mid-2020.

Digital Banking 130

Digital Banking Groups Capital Industry 130

PYMNTS

JANUARY 13, 2021

I was surprised by the opportunity of monetization in 2020 during the pandemic, not just by our wealth accounts but also by lending.”. Paytm offers a wide array of digital products throughout India, including a merchant payment platform, money transfers, and bill payments.

Digital Banking 156

Digital Banking Conference Lending Payments 156

Payments Source

DECEMBER 31, 2020

During 2020, our society has been faced with an economic crisis, health crisis, social justice crisis and environmental crisis. The pandemic has rapidly changed how banks engage with customers and employees; accelerating the shift from in-person interactions to digital engagements.

Banking 2020 61

Banking 2020 Digital Banking Technology Banking Trends 61

PYMNTS

DECEMBER 29, 2019

As online banking continues rapidly evolving , ahead of another anticipated round of funding next year, digital challenger bank Monzo remains in discussions to secure as much as £100m in upcoming weeks. million customers in 2019, offering those users a mobile app bank account and a distinctively-colored coral credit card.

Capital 143

Capital United States Digital Banking Online 143

PYMNTS

DECEMBER 30, 2019

Singtel and Grab are looking to consolidate their powers to create a new digital bank for the people of Singapore, they announced in a press release. Other companies considering doing so include Standard Chartered Bank, NTUC Enterprise, the V3 Group and Razer.

Digital Banking 134

Digital Banking Groups Online Regional 134

PYMNTS

MARCH 13, 2019

Digital banking customers are looking for an institution that can keep their data safe, with security mishaps creating the possibility that they can move to other apps. 183 billion: The amount the global market for travel activities is expected to reach by 2020. In addition, Stitch Fix Inc. Data: $370.3

Digital Banking 128

Digital Banking Security Data Branding 128

PYMNTS

JANUARY 7, 2020

Yet another business consortium vies for a lucrative, wholesale digital banking license, according to reports. ” The Monetary Authority of Singapore determined last year that it would issue up to five virtual banking licenses to enhance competition and innovation. Winners will be announced in mid-2020.

Digital Banking 131

Digital Banking Capital Leadership Fintech 131

Chris Skinner

DECEMBER 8, 2019

Tesco thought that most banks were “a bunch of clowns”, but never cracked the market and still have not. Sainsbury may have onboarded … The post How is 2020’s banking different to 1990’s banking? However, that siege never happened. appeared first on Chris Skinner's blog.

Marketing 251

Marketing Digital Banking Fintech 251

PYMNTS

DECEMBER 27, 2019

Daniel Pinto, the co-president and chief operating officer of JPMorgan Chase , told CNBC in an interview that 2020 will likely see sturdy economic growth of about 1.5 percent or 1.8 percent in the United States. That, he said, signaled an economy that is strong on consumer spending.

United States 136

United States cryptocurrency Digital Banking Google 136

ATM Marketplace

FEBRUARY 19, 2020

In 2020 and beyond, it will critical for banks and credit unions to reevaluate their digital strategies.

Banking Trends 78

Banking Trends Trends Digital Banking Digital Strategies 78

PYMNTS

OCTOBER 8, 2020

Risk management platform Feedzai announced a 44 percent increase in growth for the first half of the fiscal year for 2020, which a press release says was one of the company’s most successful so far. Comparing it favorably to the first half of 2019, Feedzai says it closed deals in the U.S., EMEA, Asia and the Pacific and Latin America.

Report 247

Report Fraud Risk Management America 247

PYMNTS

DECEMBER 27, 2019

Daniel Pinto, the co-president and chief operating officer of JPMorgan Chase , told CNBC in an interview that 2020 will likely see sturdy economic growth of about 1.5 percent or 1.8 percent in the United States. That, he said, signaled an economy that is strong on consumer spending.

United States 153

United States cryptocurrency Digital Banking Google 153

Bank Innovation

OCTOBER 29, 2019

Digital banking brand Varo has 1 million customers, and is pushing ahead with plans to become a nationally-chartered bank early next year, CEO Colin Walsh told Bank Innovation Tuesday.

National 284

National Innovation Digital Banking Branding 284

PYMNTS

OCTOBER 9, 2020

In today’s top news in digital-first banking, the government of the Philippines is considering limiting the number of digital banks that run in the country, while Ripple introduced its Line of Credit beta offering. Philippine Government Considers Digital Bank Limits.

Digital Banking 132

Digital Banking cryptocurrency America Meeting 132

PYMNTS

JANUARY 19, 2021

Read More On Earnings: Bank Of America’s Mobile Banking Customers Top 30 Million Goldman And BofA Earnings: A Tale Of Two Banks (And Digital Strategies) Q4 Earnings Show Big Banks Fared Better Than Expected In 2020 Citi Q4 Earnings Show Digital Banking Growth, Drop In Card Spending.

Digital Strategies 152

Digital Strategies Strategy Cards Conference 152

PYMNTS

JULY 29, 2019

To accommodate this shift and the nation’s growing number of internet and smartphone users, tech giants like Amazon and Facebook are launching digital banking solutions focused on mobile devices. Other FIs are turning to chatbots as more consumers embrace digital banking, too.

Digital Banking 181

Digital Banking Fraud ATM Mobile 181