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Today In Digital-First Banking: Alfa-Bank Joins Contour Trade Network; JPMorgan Names New Liquidity Solutions And Escrow Exec

PYMNTS

In today’s top news in digital-first banking, Alfa-Bank has become a part of Contour's international trade finance network, while J.P. Plus, Visa is collaborating with UAE-based NOW Money to bring digital banking services to low-income customers. . Alfa-Bank Signs Onto Contour International Trade Finance Network.

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NEW REPORT: Behind Regions Bank’s AI-Powered Digital-First Push

PYMNTS

percent of banking customers would be interested in switching their financial institutions (FIs) if their branch experiences do not match their digital banking experiences. A digital-first approach to banking has become critical to survival, in other words. Recent PYMNTS research indicates that 34.8

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Old School, New School: TCU Pairs AI And Outreach To Personalize Members’ Experiences

PYMNTS

This represents 59 percent growth over the past 10 years, much of it buoyed by a surge in sign-ups across the Oceania region. It found that more than two-thirds of consumers would tap mobile-based authentication measures such as fingerprint, face or voice recognition technologies to safeguard their accounts.

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Deep Dive: Digital-First Banking’s Challenges And Benefits

PYMNTS

Banks looking to make the most out of these rare visits must use the latest technologies. Digital-first transformations can improve personalization and operating efficiencies, but they also bring challenges, including adoption-related costs and new avenues for fraud. Hindrances to Digital-First Implementations.

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Bank-FinTech Collaboration Tackles SMB Finance Friction

PYMNTS

Biz2Credit's technology can also enhance underwriting to mitigate risk even further for the financial institution (FI), it said. In a statement , HSBC Bank USA Head of Retail Business Banking Shaun McDougall said fueling the SMB community is important to support the broader U.S. Railsbank Lands Funding For BaaS.

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