Bobsguide

MARCH 21, 2022

Finastra and Union of Arab Banks to accelerate digital banking together. Partnership will see the development of a model digital bank, licensed to Union of Arab Banks members to help them transition into digital banking. About Union of Arab Banks.

Digital Banking 60

Digital Banking Innovation Community Regional 60

PYMNTS

JANUARY 31, 2020

Some companies have been able to adjust quicker than others, leading to the first-ever fines issued and collected for breach of GPDR within the region. However, the most intriguing development in the Open Banking world is not the impact of these two regulations inside of Europe, but outside of it.

Digital Banking 136

Digital Banking Guidelines Regulation Data 136

PYMNTS

JANUARY 14, 2021

Grab Financial Group had a productive 2020 in which it managed to increase total revenue by 40 percent. In addition, the Grab-Singtel consortium was selected by the Monetary Authority of Singapore to set up a full digital bank, according to the release.

Groups 204

Groups Regional Fintech Management 204

PYMNTS

JULY 22, 2020

In the July Digital-First Banking Tracker® , PYMNTS explores the latest in the world of digital-first banking, including the long-lasting effects brought on by the pandemic, the shifting attitudes surrounding ATM use, and how the digital banking development field is reaping dividends from the financial industry’s sea change.

ATM 225

ATM Digital Banking Alabama Study 225

PYMNTS

JULY 1, 2020

“Migrating to cloud- and AI-based solutions could help FIs handle growing calls for faster banking tools during the COVID-19 pandemic, and recent trends show they are beginning to do so,” according to PYMNTS’ June 2020 Digital Banks And The Power Of The Cloud Tracker® done in collaboration with NuoDB.

System 268

System Digital Banking Tools User Experience 268

The Financial Brand

FEBRUARY 3, 2020

Bank, PNC and TD Bank reveal about how they're redesigning their branch networks and retail strategies overall. The post How Regional Banks Are Revamping Retail Strategies for 2020 appeared first on The Financial Brand. Here's what leaders at U.S.

Regional 26

Regional Strategy Retail Branding 26

PYMNTS

JANUARY 15, 2021

In today’s top digital-first banking news, Goldman Sachs has selected FinTech startup Marqeta to power digital checking accounts for Marcus, while California credit card startup X1 notched $12 million in a funding round headed up by Spark Capital. economy had moderate gains in the pandemic year of 2020.

Cards 152

Cards California Capital Tools 152

PYMNTS

JUNE 2, 2020

“Consumers are now leaning heavily on digital banking to meet their financial needs. Banking app downloads have increased 60 percent since the pandemic became widespread, with banking app revenue growing 17 percent,” according to PYMNTS’ May 2020 Digital-First Banking Tracker® , a collaboration with NCR.

Digital Banking 133

Digital Banking User Experience Meeting Fintech 133

PYMNTS

OCTOBER 6, 2020

Ayoub Jemail has been assigned the role of general manager of business development for the region, the company stated in the announcement on its website. FinTech across the Middle East is also set to grow at a compounded annual growth rate of 30 percent, and expected to raise over $2 billion in venture capital funding by 2020.".

Fintech 174

Fintech Regional Fraud Meeting 174

PYMNTS

SEPTEMBER 28, 2020

Open banking rules have continued to evolve during the global health crisis, but the pandemic has given regulators and financial authorities new questions to tackle. One area where the pandemic may significantly impact emerging data protection and open banking rules is the Middle East and North African region (MENA).

Online 151

Online Report Payments Regulation 151

PYMNTS

JULY 7, 2020

For more community banks, the latter strategy can fast-track digitization initiatives. This week’s look at the latest bank-FinTech tie-ups shows Banking-as-a-Service and other FinTech players embracing smaller regional and community banks to elevate small- to medium-sized business (SMBs) and corporate banking offerings.

Community Bank 242

Community Bank Community Fintech Regional 242

PYMNTS

JULY 24, 2020

Open banking is often associated with the European Union (EU) almost by default as the region pushes the envelope further on regulation than anywhere, partly to encourage — but also to keep up with — imaginative FinTech innovators going to market throughout the Eurozone. Similarities To The EU.

America 168

America Regional Regulation Tools 168

CB Insights

AUGUST 17, 2021

Chime , a digital banking platform, has raised $750M in a Series G. California-based Chime collaborates with regional banks to create member-centric financial products, coining itself as a financial technology firm rather than a bank. HOW’S THE COMPANY PERFORMING? Want the full post?

Capital 78

Capital Operations California Regional 78

PYMNTS

NOVEMBER 27, 2019

That is among the reasons why Emirates NBD recently launched the first digital banking service for SMBs in the UAE, a launch that could inspire similar efforts in other parts of the world. It will have a mobile app, and provide different services necessary to carry out banking needs. New Venture.

Fintech 167

Fintech Regional Regulation ATM 167

American Banker

OCTOBER 18, 2020

Over the past year, the Alabama bank has been developing new tools that analyze survey responses, phone interactions and social media posts to identify opportunities to improve digital offerings.

Alabama 71

Alabama Regional social media Survey 71

PYMNTS

JANUARY 30, 2020

Digital banking efforts took center stage at Goldman’s Investor Day on Wednesday (Jan. Eric Lane, global co-head of the Consumer and Investment Management Division, said the company will debut a digital wealth management offering in 2020 and digital checking accounts in 2021.

social media 141

social media Payments ATM Fraud 141

NCR

SEPTEMBER 1, 2016

Banks and card providers have been devoting a lot of attention recently to Asian markets, and it’s not hard to see why. billion potential customers in China alone, and a similar number in India, the opportunities for banks are immense. With more than 1.3 Cutting down on the unbanked.

Regional 75

Regional Payments National Boston 75

PopularBank

OCTOBER 28, 2020

SAN JUAN, Puerto Rico – October 28, 2020 – Popular, Inc. Popular”) (NASDAQ: BPOP), bank holding company of Popular Bank, today announced Popular Bank’s strategic realignment of its New York Metro branch network. million are expected to be recognized in the fourth quarter of 2020. million, of which $23.1

Puerto Rico 52

Puerto Rico New York Metro Community 52

PYMNTS

DECEMBER 1, 2020

Redspire CEO Billy Lyle , who is also the engagement lead with Virgin Money, said 2020 has been a unique year and that substantial digital transformation "has taken place in months rather than in years.”. The fund was created to help spark competition as part of an agreement between the U.K.

Regional 205

Regional Groups Report Innovation 205

PYMNTS

OCTOBER 8, 2019

CUs are no longer confined to operating primarily as regional players, moving beyond the confines of original charters that had limited them to, say, specific communities or employers. As has been seen in other industries across financial services, credit unions, too, are consolidating, which means that scale is solidifying, too.

United States 102

United States Millennials Course Lending 102

PYMNTS

JULY 23, 2020

Open banking has been picking up steam in Latin America for more than two years. Regulators in Mexico passed a law governing FinTechs in March 2018, just two months after PSD2 went into effect in the European Union, and others in the region have since followed suit. the region. Open Banking And Digital Readiness.

America 165

America Regulation Regional Tools 165

PYMNTS

SEPTEMBER 30, 2020

Consumers and businesses have been moving online in recent years, and regulators from the European Union to the Middle East and North Africa (MENA) region have worked to keep up with this migration. The pandemic has refocused scrutiny on the open banking ecosystem’s privacy and security. The Data Privacy Twist .

Regulation 175

Regulation Data Regional Examples 175

PYMNTS

AUGUST 21, 2020

Deposits had already been trending away from community banks and credit unions anyway, but COVID-19 has accelerated that shift. In fact, the majority of 2020’s new accounts have gone to megabanks and digital banks, not to community institutions.

Cards 224

Cards Mobile Community Bank Community 224

PYMNTS

SEPTEMBER 16, 2020

If we take only one lesson away from 2020, it’s that disasters are going to happen. He noted that large national or even regional banks can draw on their geographically diverse networks to support customers during disasters, but credit unions generally can’t, unless they all work together. And yet here we are.

National 263

National Regional United States Florida 263

PYMNTS

AUGUST 13, 2018

David Chubak, head of global retail banking and mortgage, will be in charge of the global-branded cards and the consumer lending business, reported CNBC. Anand Selvakesari, who is the current head of the consumer banking in Asia-Pacific, will become head of U.S. billion by 2020.

Cards 108

Cards Branding Regional Digital Banking 108

PYMNTS

NOVEMBER 29, 2018

The newswire said representatives from local banks will sign on with a task force from the central bank, which will assess the financial products and services that are being proposed. These customers will be able to send money to WeChat Pay from Family Bank’s PesaPap mobile banking application and USSD service.

Fintech 167

Fintech Guidelines Mobile Examples 167

PYMNTS

DECEMBER 9, 2020

Clearly there's regional saturation, which leads to consolidation.”. All of these new FinTechs and digital innovators are changing the landscape as the role of payments rapidly shifts in the broader financial services arena. But fast-forward to 2020, and the world is a very different place.

Innovation 306

Innovation Fintech Payments Regulation 306

PYMNTS

MARCH 9, 2020

The commercial launch is anticipated during the second half of 2020, after the platform finished in excess of $30 million in letter-of-credit transactions last year during the pilot phase.

blockchain 154

blockchain Tools Regional Course 154

PYMNTS

APRIL 21, 2020

And the inherent trust placed with banks simply will not go far enough to keep customers in place, he said. That sentiment is borne out by PYMNTS research in the latest 2020 Credit Union Innovation Index , which found that among credit union consumers, 21.9 Having a website and an app simply are not enough. in sight, too.

Branding 232

Branding Innovation Regional Fintech 232

PYMNTS

NOVEMBER 13, 2019

Visa has announced its roster of athletes for the Tokyo 2020 Olympic and Paralympic games, the company said in a press release. Behind Regions Bank’s AI-Powered Digital-First Push. In the face of growing competition, banks around the world are working hard to become the first choice of today’s customers.

Apple 101

Apple Payments Branding Retail 101

PYMNTS

JULY 17, 2020

He said that while small banks, credit unions (CUs) and regional players deeply fear being swept aside by the great digitalization wave that the pandemic has set off, their concerns aren’t actually unique to the financial industry’s smaller end. Third is digital customer acquisition and instant digital issuance. “We

Regional 198

Regional Cards National Trends 198

American Banker

SEPTEMBER 11, 2020

Bank and Regions revamped their apps with accessibility in mind; JPMorgan Chase built a branch for customers who are deaf. Such efforts can help banks appeal to more customers in existing markets.

Regional 88

Regional Marketing Banking 2020 Digital Banking 88

PYMNTS

AUGUST 26, 2019

The bank also said that it wanted to expand its phone advisory service and “the provision of personal advice in the regional network of branches.”. The bank said it would have new information on the initiative by the beginning half of 2020.

Regional 123

Regional Retail Operations Online 123

PYMNTS

MAY 22, 2020

Citibank said last week that the use of its digital banking channels soared in the first quarter (and beyond), tied to a global phenomenon where untold numbers of individuals are working from home, and where lockdowns have rendered traditional financial services processes inoperable. The statistics show the magnitude of the shift.

Operations 233

Operations Data Digital Banking Management 233

PYMNTS

JUNE 28, 2018

The firm said the market is dependent on the growth of digital payment solutions through a Unified Payment Interface (UPI) and digital wallets. Overall, the digital payments solution market is projected to reach beyond $500 billion by 2020, compared to approximately $50 billion in 2017.

blockchain 109

blockchain Georgia Fintech Innovation 109

American Banker

AUGUST 4, 2020

KeyBank, Regions and others are using self-service portals, robotic processing automation and virtual assistants to digitize the collections process and make it more humane in anticipation of rising delinquencies.

Tools 101

Tools Regional Banking 2020 Digital Banking 101

PYMNTS

MAY 4, 2017

Brazil and Mexico — the total amount in cash payments for the region was $3 trillion in 2015, with weighted average cash use at 14 percent of GDP, with an estimated increase, annually, of 4 percent through 2020 in absolute dollars but a decline in percentage of GDP by 1.2 Turning to the Americas — defined as the U.S.,

ATM 192

ATM Millennials United States Study 192