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Why The Bank-FinTech Relationship Is More Complicated Than Conflicted

PYMNTS

report: “The rise of digital innovators in financial services presents a significant threat to the traditional business models of retail banks.”. Citi, Standard Chartered, Bank of America, HSBC and Credit Suisse, for example, all reported third-quarter profit increases from the same period last year. Not So Black-and-White.

Fintech 191
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The Rise Of ‘Intelligent Engagement’ In Corporate Banking

PYMNTS

The digital transformation across any number of verticals — from retail to healthcare — has fostered a consumer mindset that demands deep engagement, speed and convenience. FinTech firms like Bottomline have invested in user experience (UX), user interface (UI), usability and, of course, data management.

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The 2022 GonzoBanker Awards

Gonzobanker

Senators Dick Durbin (D-IL) and Roger Marshall (R-KS) with a rare bi-partisan move showing that pinch-your-banker-and-hug-your-merchant is apparently as wholesome America as apple pie. Knowledgeable from retail to complex treasury needs, Cody is one of the best. Acronym of the Year – CCCA (Credit Card Competition Act). Goes to CSI.

Community 216
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Temenos to Acquire Kony: So What?

Gonzobanker

Any overlaps between Akcelerant in loan operations and Avoka in sales/origination appear to have been sorted out in the Infinity product line. Still to be sorted out are overlaps between Infinity and Kony’s UI/UX assets. leader Emily Steele will be retained.

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Mobile Banking Apps Get a Blah Net Promoter Score From Consumers, Bank Innovation Finds

Bank Innovation

Banking consumers take a middling view of today’s mobile banking applications, according to a study by Bank Innovation. In the survey conducted this month by Bank Innovation, banking consumers gave mobile banking a net promoter score of 12, which is in the bottom 25% to 50% of all NPS scores. NPS scores range from -100 to […].

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The 25 Most Absurd Job Titles In Tech

CB Insights

As of this publication, LinkedIn showed active listings for a UX design alchemist at Critical TechWorks and a product and solutions development alchemist at Together Abroad. Retail Jedi. At the now defunct Convergys Corporation, new sales employees pitching the company’s customer management software were known as retail Jedis.

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We analyzed 7 of the fastest-growing personal finance apps of all time to figure out the secrets to their success — here’s what we learned

CB Insights

In each instance, we tore apart the UX and UI of each tool, looked at their growth and revenue numbers, pored through interviews with founders and early employees, researched their public reception, talked to employees, and did our own math. We’re making investing accessible to young people.

Tools 78