BankInovation

SEPTEMBER 6, 2023

JPMorgan Chase increased its share in digital bank C6 Bank to 46% from 40% last week, pending regulatory approval. JPMorgan first invested in C6 in 2021. Since then, the Sao Paulo, Brazil-based bank has grown to 25 million customers from 8 million, according to a C6 release.

Digital Banking 70

Digital Banking Retail 70

PYMNTS

NOVEMBER 17, 2020

Lumin Digital announced today (Nov. 17) that it will provide Los Angeles Federal Credit Union (LAFCU) with its cloud-based online and mobile digital banking platform, according to a press release emailed to PYMNTS.

Los Angeles 192

Los Angeles Digital Banking Analytics Mobile 192

PYMNTS

OCTOBER 21, 2020

Lumin Digital ’s cloud-native platform will deliver banking solutions to Interra Credit Union ’s (Interra) 50,000-plus retail and business members, the companies said in a statement on Tuesday (Oct. Interra signed a multi-year agreement with Lumin Digital and anticipates it will be on the platform by May 2021. “We

Digital Banking 150

Digital Banking San Francisco Indiana Analytics 150

BankInovation

FEBRUARY 16, 2021

Currently, the chatbot is in testing with a limited number of customers on the heritage BB&T mobile platform, Dan Massey, head of enterprise digital banking, told Bank Automation News. It will roll out more broadly to […].

Digital Banking 98

Digital Banking Mobile 98

Accenture

MARCH 30, 2021

The COVID-19 pandemic has driven a rapid uptake of digital banking around the world. The incredible speed of the adoption has rewritten some of the fundamentals of the industry, including how consumers behave and what they expect from banks in 2021.

Study 403

Study Digital Banking Industry Payments 403

PYMNTS

JANUARY 13, 2021

Brazil’s Nubank has also been boosted by pandemic demand for digital banking, Co-Founder Cristina Junqueira told the Reuters conference. Junqueira said the health crisis has pushed many Brazilians to engage in digital banking for the first time, particularly to receive government stimulus payments.

Digital Banking 156

Digital Banking Conference Lending Payments 156

The Financial Brand

NOVEMBER 22, 2020

Banks and credit unions must rethink the definition of ‘digital banking’ and prioritize investment in data, technology, people and processes. The post Top Digital Banking Transformation Trends for 2021 appeared first on The Financial Brand.

Digital Banking 43

Digital Banking Trends Branding Data 43

The Financial Brand

DECEMBER 27, 2020

As banking executives define their 2021 goals, they must commit to improving digital experiences, leveraging data and honing human skills. The post 3 Resolutions for Digital Banking Success in 2021 appeared first on The Financial Brand.

Digital Banking 43

Digital Banking Branding Data Big Data 43

BankInovation

FEBRUARY 9, 2022

NCR Corporation, traditionally known as an automated teller machine (ATM) provider, is shifting from hardware to focus on software and services, including its digital banking platform. Seventy-three percent of NCR’s 2021 revenue was from services and software, compared with 72% […].

Digital Banking 96

Digital Banking Strategy ATM Software 96

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

The Financial Brand

JANUARY 6, 2021

The post Sustaining Digital Banking Channels’ Explosive Growth in 2021 appeared first on The Financial Brand. Financial institutions that want to stay in the game need to offer solid basic services before they get fancy.

Digital Banking 43

Digital Banking Branding Innovation Strategies ATM 43

Gonzobanker

AUGUST 31, 2021

Checking fee income is facing extreme downward pressure during 2021, influenced by competitive factors and the specter of greater future regulation. The post Quandary 2021: Responding to Competitive Shifts in Overdraft Fees appeared first on Gonzobanker. News of waiving overdraft fees may sound like a big win for consumers.

Strategy 144

Strategy Analytics Retail Mobile 144

PYMNTS

AUGUST 4, 2020

The writing has been on the wall: PYMNTS research has found that though most people are satisfied with their in-place relationships with banks, only about 40 percent of people would be “extremely” or “very” likely to bring their banking relationships to Big Tech or FinTechs.

Google 298

Google Digital Banking Course Branding 298

BankInovation

FEBRUARY 22, 2022

HSBC plans to boost its technology spend to 21% of its operating expenses by 2025 as the bank experiences increased digital usage across its banking channels.

Operations 95

Operations Groups Technology Digital Banking 95

CB Insights

JUNE 21, 2021

Future of Fintech 2021 (October 5-6, NYC) will provide updates on this activity and in-depth analysis on important trends driving financial services. Here are the key topics that you can expect to learn more about at Future of Fintech : Banking . Growth of challenger banks. New niche & community-focused banks.

Trends 74

Trends Fintech Lending Analysis 74

Javelin Strategy & Research

DECEMBER 14, 2021

Javelin Digital Banking Platform Vendor Awards kinjal Tue, 12/14/2021 - 16:57 Sections Home Rss.xml Javelin Digital Banking Platform Vendor Awards Javelin Digital Banking Platform Vendor Award Mid-sized FIs and community banks have an unprecedented number of options for digital banking solutions beyond their core banking provider.

Digital Banking 40

Digital Banking Community Bank Community US 40

Javelin Strategy & Research

DECEMBER 14, 2021

Javelin weights features based on strategic value, tactical necessity, and industry trends, and to form a composite score, weights each category based on what consumers say is most important to their satisfaction with digital banking.

Digital Banking 40

Digital Banking User Experience Digital Strategies Trends 40

PYMNTS

OCTOBER 21, 2020

Brazil’s government is planning to launch an initial public offering (IPO) for a new digital arm of Caixa Econômica Federal , according to a Reuters report on Tuesday (Oct. We are about to join the OECD. We are fulfilling two-thirds of what the requirements are, and probably in one year we should be joining,” Guedes said.

Digital Banking 150

Digital Banking America Policies Fintech 150

PYMNTS

DECEMBER 1, 2019

Pixpay plans to tackle the European market as early as 2021 and target two million customers within five years, according to DutchyCorp Tech News. Foreign currency transactions cost 2 percent in foreign exchange. Other ATM withdrawals cost €2. The company was started in January 2019 by Benoît Grassin and Caroline Ménager.

Digital Banking 151

Digital Banking ATM Cards Capital 151

FICO

MAY 28, 2021

These are my five highlights from the FICO consumer digital banking survey – but they’re just the tip of the iceberg of the insight we uncovered. by Sarah Rutherford.

Survey 52

Survey Digital Banking Trends Comparison 52

Cisco

MARCH 26, 2021

Get ready to TURN IT UP at our all-digital Cisco Live 2021. What constitutes a next-generation bank branch and how can one be implemented? Digital banking transformation is the number one priority for financial services institutions through 2021, and Cisco is ready to make that priority a reality.

Customer Experience 71

Customer Experience Retail Operations Security 71

BankInovation

JANUARY 3, 2024

Don Muir, chief executive of San Francisco-based digital bank Arc, will be featured in a fireside chat at Bank Automation Summit U.S. CT, to discuss the digital bank’s strategy to scale with a tech-forward mindset. The digital bank, which was founded in 2021 and has raised $181 […]

San Francisco 75

San Francisco Digital Banking Strategy 75

PYMNTS

AUGUST 7, 2018

Demonetization was launched in India in an effort to crack down on the nation’s underground economy, boost tax revenues and encourage the transition to a digital banking infrastructure. percent from 2016 to 2021. percent by 2021. Meanwhile, a thriving underground economy is also keeping use of cash active. India spent $1.5

Report 104

Report Policies Digital Banking Payments 104

PYMNTS

APRIL 19, 2017

billion by 2021. The growth has also caught the interest of companies like Bank of America, Facebook and Samsung, which are investing in building products that use intelligent virtual assistants, interactive text and interactive voice services. billion in 2016 to $9.59 About the Tracker.

Digital Banking 180

Digital Banking Technology Samsung Meeting 180

Accenture

APRIL 19, 2022

When Neal Stephenson coined the term “metaverse” in his 1992 science-fiction novel, Snow Crash, he could hardly have foreseen that the phrase would be everywhere by late 2021. The post The ultimate guide to banking in the metaverse appeared first on Accenture Banking Blog.

Digital Banking 420

Digital Banking Technology 420

PYMNTS

NOVEMBER 5, 2020

Lockdowns and restrictions have led to surging demand for digital banking services and tools as customers adapt to the realities of virtual banking and commerce.

National 131

National Regional Tools Digital Banking 131

BankInovation

NOVEMBER 8, 2023

Digital bank Arc today rolled out its international treasury product, Arc Global Treasury, to serve global startups gravitating back toward digital banks, and away from big banks, following the bank crisis earlier this year.

San Francisco 65

San Francisco Digital Banking Management 65

The Financial Brand

JANUARY 6, 2021

The post Sustaining Digital Banking Channels’ Explosive Growth in 2021 appeared first on The Financial Brand. Financial institutions that want to stay in the game need to offer solid basic services before they get fancy.

Digital Banking 24

Digital Banking Branding Innovation Strategies ATM 24

CB Insights

JULY 14, 2021

Denmark-based Lunar is a digital bank that lets customers manage their personal finances with its mobile banking app. The company’s user base has reportedly increased by more than 90% in the last year to reach more than 325,000, and it say its business arm will handle more than half of all new Danish SMEs in 2021.

Digital Banking 69

Digital Banking Mobile Management Company 69

PYMNTS

JANUARY 21, 2021

For credit unions (CUs), the digital trends that accelerated in 2020 amid the pandemic will gain even further traction this year.

Analytics 240

Analytics Fraud Trends Mobile 240

PYMNTS

JANUARY 29, 2021

Plaid’s Deposit Switch Streamlines Digital Bank Account Funding. Airbnb, in a newly released report, predicts that 2021 will see a greater amount of regional traveling, with a focus on uniting with loved ones. But debit remained strong, contactless transactions gained traction and Visa Direct volumes surged.

Digital Banking 132

Digital Banking Payments Mobile Branding 132

BankInovation

DECEMBER 3, 2021

Noting its digital banking advancements, TD Bank Group reported net income 26% lower year over year for the fourth quarter, but up 20% overall for the fiscal year ended Oct.

Analytics 98

Analytics Groups Strategy Digital Banking 98

FICO

APRIL 7, 2022

Following the highly successful The 11 Commandments of Digital Banking eBook , we are publishing a series of 5 deeper dive blog posts that group the 11 Commandments below into common themes: Digital lift-and-shift is not a strategy! How FICO Can Help You Advance Your Digital Banking. Respect the data.

Digital Banking 52

Digital Banking Security Fraud America 52

PYMNTS

JANUARY 26, 2021

Chuck Fagan, president and CEO of PSCU , reflects on the challenges of 2020 and looks ahead to what 2021 will bring. As we look to 2021, there are a number of key drivers reshaping how credit unions operate and best meet the needs of their members, with digital solutions and innovations at the forefront of these expectations.

Strategy 173

Strategy United States America Meeting 173

PYMNTS

DECEMBER 17, 2020

Kakao Bank Corp. , a South Korean digital bank, has chosen Credit Suisse and KB Investment & Securities as its advisors for its upcoming initial public offering (IPO), Reuters reported. The timing of the IPO hasn't been decided, although Reuters reported that analysts predict it will happen in the second half of 2021.

Samsung 243

Samsung Digital Banking Security Fintech 243

BankInovation

JANUARY 12, 2022

The future of payments is contactless, if 2021 is any indication, as digital payment services like Zelle and PayPal become increasingly ubiquitous. trillion JPMorgan Chase said they used one or more digital payment services in 2021. The study, which delves into digital banking […].

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Study Payments Survey Digital Banking 98

BankInovation

APRIL 4, 2022

Wells Fargo will leverage nCino’s digital banking platform in its consumer and small business banking division, the vendor revealed during its fourth-quarter earnings call last week. This is an expansion of the $1.95

Digital Banking 98

Digital Banking Technology 98