PYMNTS

JANUARY 2, 2020

Gaming company Razer is going after a Singapore digital banking license, along with China’s largest online monetary platform Ant Financial , according to reports on Wednesday (Jan. Razer FinTech will own a 60 percent majority stake Razer Youth Bank, which will be headquartered in Singapore. . Google and Temasek Holdings. .

Digital Banking 130

Digital Banking Capital Google Cards 130

PYMNTS

JANUARY 13, 2021

MoMo reportedly intends to use the funds to bankroll plans to become a “super app” as well as to go public in 2025. Financial technology has become a quickly expanding vertical in the country of almost 100 million, with the COVID-19 health crisis having moved shopping activity online and left consumers seeking contactless payment choices.

Digital Banking 141

Digital Banking ATM Capital Regional 141

BankInovation

NOVEMBER 20, 2020

Amazon Web Services scored big when Standard Chartered selected the Amazon.com subsidiary as a main cloud provider for its core and digital banking systems.

Maine 69

Maine Digital Banking System Technology 69

PYMNTS

JANUARY 18, 2021

In its Series A funding announcement , Grab said it expects the group to reach its revenue potential of $60 billion by 2025. Last month, Grab and Singtel announced they had received a license to set up a digital bank in Singapore. The bank is expected to launch in early 2022.

Fintech 198

Fintech US Groups Management 198

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

PYMNTS

JANUARY 2, 2020

In today’s top payments news, JPMorgan blocks FinTechs from accessing customers’ passwords, and Ant Financial and Razer throw their hats into the ring for one of Singapore’s five available digital banking licenses. Plus, Indonesia is planning to implement flat-rate fees for certain digital wallet transactions.

Fintech 133

Fintech Payments Digital Banking America 133

PYMNTS

NOVEMBER 20, 2020

The market for wearables is expected to reach nearly $70 billion by 2025, according to research firm IDTechEX , with healthcare-related products seeing the most growth. Wearables have also expanded their features to include digital payments. Samsung will continue to invest in these advanced technologies.”.

Samsung 150

Samsung Apple Google Analytics 150

PYMNTS

DECEMBER 11, 2020

There’s also the issue of too little due diligence in slapping banks with steep fines, to say nothing of otherwise desirable account holders who bail on a friction-laden process. That’s expected to cost banks an $168.9 adult consumers are more likely to use digital banking in response to these mandates.”.

Video 204

Video Security National Digital Banking 204

American Banker

JANUARY 8, 2020

In trying to adapt and survive in an increasingly tech-dominated world, banks may unintentionally give up their most valuable commodity — their relationship with the consumer, and the data that comes with it.

Data 62

Data Big Data Community Bank Digital Banking 62

PYMNTS

DECEMBER 10, 2020

The value of customers lost to lengthy KYC checks cannot be ignored, either, as they are expected to cost banks an estimated $168.9 million by 2025. Speedy, secure onboarding is vital at a time when consumers have to use digital banking to prevent health risks. One study revealed that 73 percent of U.S.

Video 201

Video Digital Banking User Experience Tools 201

PYMNTS

DECEMBER 1, 2020

Glasgow-based bank Virgin Money has partnered with Redspire , a local FinTech, to help boost its presence in the business account market, according to a report from Daily Business Group. Virgin Money is currently transforming its existing system for business current accounts into a new form, a "wellness tracker" for SMBs.

Regional 205

Regional Groups Report Innovation 205

South State Correspondent

JUNE 27, 2023

It’s a way for banks to speak with each other, and it started to be phased in during the first quarter of this year with the goal of a complete conversion by 2025. This article explains what ISO 20022 for banks is, how it is different, and what it can do for your bank. Bank data is much the same.

System 195

System Data Examples Payments 195

PYMNTS

SEPTEMBER 8, 2020

Falkland Islands businesses have leaped forward in their digital banking capabilities under a recent partnership, which was announced on Tuesday (Sept. Mastercard said in May that it would connect one billion new people around the world to the platform by 2025. 8) as part of London Tech Week.

Payments 166

Payments Community Cards ATM 166

American Banker

JUNE 13, 2016

Nonbanks now set the digital banking experience bar, but in less than a decade large banks will have swallowed them up and will have become digital financial superstores.

Google 28

Google Digital Banking Technology Fintech 28

PYMNTS

APRIL 23, 2019

41 percent: Approximate share of new account openings for Consumers Credit Union that stem from digital channels. 23 billion: Expected value of the identity and access management technologies market by 2025. 68 percent: Share of consumers who said they would likely shop both sides of a combined ALDI-Kohl’s store in the same trip.

Security 100

Security Survey Data Mobile 100

PYMNTS

NOVEMBER 26, 2019

billion in value by 2025. Tide , a digital banking solutions provider, issued several updates intended to help SMBs use optical character recognition (OCR) to automatically match receipts with individual transactions. This demand is driving the global expense management software market to reach $6.6 Inside The Playbook.

Tools 141

Tools Boston Cards Management 141

PYMNTS

SEPTEMBER 23, 2020

This week, Volante Founder and CEO Vijay Oddiraju told PYMNTS that by 2025, data centers at financial institutions (FIs) will be just a memory. The digital transformation of FIs, and payments, cannot be separated, because most interactions with financial institutions. end up in payments,” he said.

Payments 151

Payments Analytics Apple Google 151

American Banker

JANUARY 9, 2020

An examination of potential sources of upheaval for the financial industry and ideas on how to adapt.

Industry 41

Industry How To Digital Banking Lending 41

Chris Skinner

FEBRUARY 17, 2017

Research house IHS Markit estimate 78 billion things communicating by 2025. In other words, whether we consciously know this or not, we are building a smart planet where everyone and everything is connected and communicating non-stop. How many things are connected in this future planet? There are various estimates.

Mobile 259

Mobile Technology System Software 259

Chris Skinner

JULY 14, 2017

The company has an open stated intention to reach two billion users by 2025. One company that is seeking global domination is Ant Financial.

Analysis 258

Analysis Innovation Fintech Mobile 258

PYMNTS

JULY 18, 2018

trillion: The estimated worth of the global market for connected devices by 2025. 76 percent: Share of millennial consumers who report they are always looking to try new and different forms of banking, saving, payment and currency. 1 trillion: Value of loan balances held by credit unions as of March 2018.

Data 100

Data Millennials Fraud Community 100

Gonzobanker

APRIL 4, 2024

Bloomberg recently reported that Chime, the leading fintech neobank, is planning to go public in 2025. According to the report , Chime has not engaged investment banks to date. While valuation at many fintechs has dropped since 2022, Chime has bucked the trend. Is it ready for an IPO?

Comparison 104

Comparison Fintech America Survey 104

PYMNTS

JULY 31, 2019

In an effort to make Singapore’s three million monthly cash withdrawals more digital, OCBC Bank has rolled out QR codes that customers can use at any of its 655 ATMs, the company said in a press release on Wednesday (July 31). The Singaporean government is aiming to eliminate checks and reduce cash payments by 2025.

ATM 108

ATM Mobile blockchain Fraud 108

PYMNTS

NOVEMBER 6, 2019

In a market without open banking regulations, FinTechs continue to enter into the market, collaborating with bank partners to offer their own financial services — which often compete directly with other financial institutions.

New York 103

New York Payments Fintech Report 103

PYMNTS

NOVEMBER 6, 2019

In a market without open banking regulations, FinTechs continue to enter into the market, collaborating with bank partners to offer their own financial services — which often compete directly with other financial institutions.

New York 101

New York Payments Fintech Report 101

PYMNTS

JULY 23, 2020

Growing interest in open banking typically coincides with the expanding use of online financial platforms and tools. The creation of open banking initiatives in the E.U. followed a steady increase in the usage of digital banking products both inside and outside Europe.

America 165

America Regulation Regional Tools 165

PYMNTS

DECEMBER 17, 2019

billion USD) in revenues by 2025. The digital bank said at the Brazil Investment Forum in Sao Paulo that it has 15 million clients, according to Nubank Founder and CEO David Vélez. The company said it will clear €1 billion (more than $1.1

Fintech 136

Fintech blockchain Trends America 136

PYMNTS

DECEMBER 12, 2018

But even though Verizon is leading the charge for the new technology, which will greatly increase speeds on mobile networks – up to 50 or 100 times faster than the currently available 4G – some industry watchers say the new tech won’t be widely available until about 2025 or so.

Fintech 211

Fintech Mobile Analysis Technology 211

Gonzobanker

DECEMBER 14, 2023

million (that’s right million) of financial donations and support to the community in 2025. Lifetime Achievement Award (Bank) Cambridge Savings CEO Wayne Patenaude looks to end a long and successful career at one of Massachusetts’ 10 largest banks. Paul wrote the “ Online Banking for Dummies ” book in the late ’80s.

Fintech 195

Fintech Community Regional Technology 195

PYMNTS

DECEMBER 7, 2020

Societe Generale (SocGen) and Credit du Nord , both based in Paris, have approved a plan to merge their retail banking operations, the banks said in a Monday (Dec. In addition, SocGen said, the plan is to beef up Boursorama, a retail digital banking operation catering to individuals. million in 2025.”.

Digital Banking 159

Digital Banking Retail Operations Groups 159

Gonzobanker

JULY 27, 2022

Historically, banks sold through branches and in (more or less) narrowly defined geographic areas. That banking world no longer exists. As banks go into next year’s strategic planning process, they should start by identifying the percent of their total revenue generated by the top four to five customer segments, products, and channels.

Strategy 88

Strategy Customer Experience Fintech blockchain 88

South State Correspondent

APRIL 24, 2023

Every customer with its own webpage, complete with educational content, and its own digital banking workflow. As the chatbot is talking to the customer, it builds the digital solution in real-time to create a near-frictionless path to solve the customer’s problem.

social media 195

social media Data Marketing Technology 195

Insights on Business

FEBRUARY 27, 2019

And yes, for now you can still reach profit objectives and meet C/I ratio targets—while investing in more mobile and internet banking capabilities on the side. To ensure success in 2025, however, the focus should be on customers who use newer models in digital channels: Generation Y, Z, and Alpha, too—the children of millennials.

Customer Experience 107

Customer Experience Mobile Millennials Examples 107

PYMNTS

AUGUST 29, 2018

Because they have every economic reason to do so – analysts estimate that over half (55 percent) of American households will be regularly interacting with voice-activated assistants by the year 2025.

Software 102

Software Security Data Conference 102

NCR

APRIL 4, 2017

The rise of digital banking has led to fewer opportunities for person-to-person interactions with customers, and banks are setting the bar high for their non-human ambassadors.

Training 61

Training Branding Customer Experience Data 61

FICO

AUGUST 26, 2021

This trend is expected to continue, with a global annual compound annual growth rate (CAGR) of nearly 24% predicted between 2020 and 2025. As a result, banks can confidently support all digital banking interactions across authentication, payments, and account maintenance while exceeding customer expectations.

Fraud 52

Fraud How To Payments US 52

CB Insights

JUNE 17, 2020

market by 2025 prior to the onset of Covid-19. Schools and universities have been updating their infrastructure to incorporate digital alternatives to the classroom for years, leading analysts to predict a $350B market valuation for the edtech industry by 2025 prior to the pandemic. Enterprise virtual reality.

Industry 101

Industry Technology Online Video 101