PYMNTS

JANUARY 14, 2021

percent year-over-year debit and credit overall same-store sales volume growth among its owner credit unions over the 2020 holiday season, according to a press release emailed to PYMNTS. Payments credit union service organization (CUSO) PSCU reported 11.4

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Innovation Strategies Cards Analytics Survey 155

Bank Innovation

DECEMBER 19, 2019

Throughout 2019, banks continued to partner with startups in their efforts to build multi-service platform offerings. These relationships have been necessary to help institutions evolve their distribution models and enable startups to develop product offerings that meet customer expectations. digital partnerships team in Chicago, is […].

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Chicago Meeting Groups Innovation Strategies 221

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.

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National Innovation Digital Banking Branding 284

PYMNTS

DECEMBER 31, 2020

A separate study found that 88 percent of credit unions surveyed in early 2020 planned to invest more in such technologies than they had over the previous year. We all know what’s transpired since. That’s the shape of things as technologies from biometrics to artificial intelligence (AI) become commonplace.

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Survey Arizona Innovation Innovation Strategies 235

Perficient

MARCH 8, 2023

Not to mention, as of 2020, women control two-thirds of consumer spending, hold 40% of total global wealth, account for 40% of entrepreneurial activity worldwide, and are the main breadwinners in 49% of U.S. The program has 10 courses in topics including business finance, digital marketing, and innovation strategy. households.

Innovation Strategies 275

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Bank Innovation

JANUARY 28, 2020

Beneficial State Bank, founded by 2020 presidential candidate Tom Steyer, is updating its collections policies on the heels of 1,800 defaults by consumers nearly four years after the lender acquired Pan American’s auto unit.

Policies 221

Policies Marketing Innovation Strategies Strategy 221

Bank Innovation

APRIL 15, 2020

According to data released by the bank, supplementing its earnings call today, customers made more than 102 million transactions through Zelle, its peer-to-peer payments tool, during the first quarter of 2020. Paul Donofrio, Bank of America’s chief financial officer, said in a statement that despite the […].

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Bank Innovation

FEBRUARY 14, 2020

Welcome to the latest episode of our Weekly Wrap series, for the week ending Friday, Feb. In this episode, editors discuss the following news developments: The implications of banking startup Varo’s FDIC approval; How U.K. card startup Curve opened a New York City office in advance of its U.S. launch; and Wells Fargo’s […].

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PYMNTS

JULY 23, 2020

Many consumers in the United States were confident in their financial stability at the end of 2019, but this came to an abrupt halt by the end of 2020’s first quarter when COVID-19 was declared a pandemic. Businesses closed and millions of consumers found themselves unemployed or lacking the financial stability they once enjoyed.

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Innovation Report Cards California 174

Bank Innovation

FEBRUARY 6, 2020

is staking its consumer-banking strategy on digital technology. In 2020, that push will be spearheaded by a new team of executives. JPMorgan Chase & Co.

Digital Strategies 221

Digital Strategies Strategy Customer Experience Technology 221

The Financial Brand

JANUARY 3, 2021

A look at the digital banking trends of the last year provides a perspective for future strategies and organizational changes. The post Retail Banking Year in Review 2020: A Reflection in 20 Charts appeared first on The Financial Brand.

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Retail Banking Trends Strategy Digital Banking 43

Bank Innovation

MARCH 13, 2020

Welcome to the latest episode of our Weekly Wrap series, for the week ending Friday, March 13, 2020.

Marketing 259

Marketing Customer Experience Innovation Strategies Video 259

PYMNTS

NOVEMBER 23, 2020

SMBs have responded to public health needs and consumers' new demands by launching innovative, omnichannel approaches to selling items, fulfilling orders and accepting payments. Katie Swett Miller , eCommerce product lead at payment platform provider Square , has observed many SMBs trying different innovation strategies.

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Report Case Study Payments Strategy 192

Bank Innovation

FEBRUARY 21, 2020

Welcome to the latest episode of our Weekly Wrap series, for the week ending Friday, Feb.

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Fintech Digital Banking Customer Experience Innovation Strategies 243

Independent Banker

NOVEMBER 30, 2022

To build on these successes, ICBA announced plans to bring the ThinkTECH Accelerator program in-house with a new, dedicated office based in the innovation hub of Atlanta. Here are just a few of the program’s successes since its inception: The ICBA ThinkTECH Accelerator was named Finovate’s 2020 Best Fintech Accelerator.

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Community Bank Community Innovation Atlanta 99

PYMNTS

MAY 28, 2018

According to Chain Store Age , the criteria for the award include successful development and executions of product, store, online and service innovation strategies; delivery of an outstanding in-store experience; excellent customer service; and strong financial performance. It will retain the title until 2020. “We

Innovation Strategies 102

Innovation Strategies Strategy Capital Groups 102

BankInovation

OCTOBER 1, 2020

The Federal Deposit Insurance Corporation (FDIC) has taken steps to promote fintech partnerships and diversity and inclusion within the financial services industry, both internally at the FDIC and among the institutions it regulates, FDIC Chairwoman Jelena McWilliams said during the LendIt Fintech USA 2020 conference Wednesday.

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FDIC Fintech Innovation Conference 98

PYMNTS

MAY 29, 2020

The Tracker also analyzes the challenges established FIs are facing to innovate their platforms and why these banks must fundamentally shift their innovation strategies to meet these challenges. Developments Around The Cloud Banking World.

Digital Banking 230

Digital Banking Innovation Online Technology 230

BankInovation

AUGUST 7, 2020

At the start of the year, Bank Innovation predicted, “if 2019 was the year of the challenger bank, 2020 will be the year payments companies move closer to bank territory.” But as 2020 would have it, not much is what it seemed at the beginning of the year, with the coronavirus pandemic disrupting the fintech […].

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Innovation Fintech Banking 2020 Payments 98

The Financial Brand

JANUARY 1, 2020

The post How to Make Your Financial Institution Digital-First in 2020 appeared first on The Financial Brand. Choose the right digital future for your bank or credit union. Then organize staffing, budgeting and partnerships. Then hold onto the reins.

How To 24

How To Branding Innovation Strategies Strategy 24

BankInovation

OCTOBER 1, 2020

The Federal Deposit Insurance Corporation (FDIC) has taken steps to promote fintech partnerships and diversity and inclusion within the financial services industry, both internally at the FDIC and among the institutions it regulates, FDIC Chairwoman Jelena McWilliams said during the LendIt Fintech USA 2020 conference Wednesday.

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FDIC Fintech Innovation Conference 52

BankInovation

DECEMBER 31, 2020

Financial institutions rounded out 2020 with new faces filling C-suite positions. WSFS Bank and Google Cloud named new technology and security chiefs while API provider Galileo appointed a chief revenue officer, and automated investing platform Wealthfront filled out its banking advisory group with regulatory heavyweights.

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Fintech Google Innovation Groups 80

BankInovation

JULY 8, 2020

Bank Innovation is proud to announce the Banking Automation Summit 2020 virtual experience on Nov. 9-10, an event designed to provide industry professionals the insights, strategies and best practices to automate bank functions.

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Innovation Strategy Industry Online 78

BankInovation

JUNE 30, 2020

According to Euromonitor International’s Digital Consumer Survey 2020, which came out this week, just under 30% of consumers agree most companies handle sensitive consumer data responsibly. It seems consumers still haven’t come around to trusting business with their digital security.

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Data Survey Security Company 64

BankInovation

JUNE 26, 2020

This week, MLBM released its 2020 Brand Intimacy Study. Financial services ranked 11th out of 15 industries when it comes to emotionally connecting with customers. Citizens Bank, meanwhile, is transforming its technology core through a data-driven personalization engine.

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Branding Study Data Industry 64

BankInovation

JUNE 8, 2020

government and business spending on tech might drop 5% in 2020 due to the pandemic, by optimistic estimates, whereas the 2008 financial crisis spurred a 2% drop, according to Forrester Research.? “The The pandemic’s effect on tech budgets is not only more than the 2008 financial crisis, but might also have a lingering effect on […].

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Innovation Strategies Digital Banking Strategy Innovation 64

BankInovation

JUNE 3, 2020

Bank Innovation is proud to announce the Bank Innovation Build 2020 Virtual Experience, designed to provide industry professionals the insights, strategies and best practices to propel their innovation teams to success. Produced by Bank Innovation and Royal Media, Build will take place Sept. 9 and 10 online.

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Innovation Strategy Industry Online 64

BankInovation

AUGUST 28, 2020

According to the Mendix 2020 Software Developer Drought Index, counties in New Jersey, South Dakota and Mississippi have the largest gaps between tech jobs and available talent. “The Tech hiring is no longer confined to Silicon Valley.

South Dakota 52

South Dakota New Jersey Mississippi Software 52

Insights on Business

JUNE 5, 2018

According to Gartner , “twenty-five percent of customer service and support operations will integrate virtual customer assistant (VCA) or chatbot technology across engagement channels by 2020.” ” But not all chatbots are created equal. How well does the vision align with current customer trends and future customer needs?

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Resources Innovation Strategies Report System 101

Bank Innovation

FEBRUARY 27, 2020

Tony Morosini, vice president of banking and payments at Figure, will attend and speak at Bank Innovation Ignite on March 2-3 in Seattle. Morosini will share insights and perspectives on lessons banks can learn from big tech companies like Google, Amazon and Facebook during the fourth session on Monday, March 2.

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Innovation Seattle Google Payments 363

South State Correspondent

SEPTEMBER 20, 2022

Casey Christopher, Chief Empowerment Officer at Quontic Bank (NY, $835mm), and Brooke Ybarra, VP of Innovation Strategy at the ABA, provided bankers with a working knowledge of the current regulatory environment and how each technology works. This is why the talk by Johnny C. Taylor, Jr.,

Conference 195

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Banking 2020

JANUARY 29, 2016

“This initiative is part of the innovation strategy of BNP Paribas, the bank for a changing world. Our vocation as a banker is to introduce our customers and prospects to state-of-the-art banking innovations while ensuring the security of their transaction.” trillion in global economic benefits.

Payments 40

Payments social media Innovation Strategies ATM 40

Bank Innovation

MARCH 4, 2020

Embedded finance, or the concept of payments and banking being appended to other consumer use cases, is quickly evolving beyond retail and e-commerce, industry executives said at the Bank Innovation Ignite forum in Seattle this week.

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Seattle Innovation Examples Retail 273

Bank Innovation

DECEMBER 9, 2019

The business of banking is reaching a critical inflection point as ‘challengers’ take market share and incumbents implement strategies to accelerate their digital transformation efforts to enhance customer journeys.

Innovation 284

Innovation Seattle Strategy Marketing 284

Bank Innovation

JANUARY 6, 2020

For Eric Byunn, partner at Centana Growth Partners, tech innovation that supports an intuitive and personalized banking experience of the future has room to grow. Byunn will speak at Bank Innovation Ignite in Seattle on March 2-3, on a panel entitled “Embedded Finance: The Automation of Everything Financial.”

Seattle 221

Seattle Innovation Innovation Strategies Capital 221

Bank Innovation

OCTOBER 27, 2019

Amazon Pay is partnering with payment network Paymentus to allow U.S. consumers to query Alexa devices about their bills, the companies announced Sunday at the Money2020 conference in Las Vegas. The move stops short of enabling bill payments through Alexa, though Amazon said it would add this capability in the future.

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Las Vegas Conference Payments Company 250

Bank Innovation

NOVEMBER 6, 2019

Last week’s Money 20/20 in Las Vegas showcased numerous innovations in financial services, ranging from the launch of Uber Money to Facebook’s continued push for Libra, and the growth of Amazon Pay. But perhaps more interesting was what the conference lacked: fresh ideas and product propositions from incumbents.

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Las Vegas Conference Innovation Innovation Strategies 244