Accenture

SEPTEMBER 22, 2019

In my frequent conversations with clients across the UK and Irish banking industry, one of today’s hottest topics is the rise of the challenger banks such as CYBG, Metro and AIB UK, and particularly the neo-challenger banks providing digital-only services, like Monzo, Atom and Starling. Why are they doing so well?

Innovation 150

Innovation Metro Apple Marketing 150

Bank Innovation

FEBRUARY 11, 2019

Cambr, a cloud-based platform powered by investment firm StoneCastle and digital banking software provider Q2 Holdings, is helping neo-banks and fintechs launch and scale up through a network of 850 community banks.

Community Bank 170

Community Bank Community Software Innovation 170

PYMNTS

MARCH 18, 2020

According to Building A Better App: Banks And The Innovation Imperative , a report co-produced by PYMNTS and Ondot , almost a quarter, or 24.3 percent, of consumers reported they would be highly likely to seek banking services with Amazon , Apple or Google — while another 23.5 That, he said, is the bad news.

Cards 217

Cards Tools Mobile Google 217

PYMNTS

AUGUST 6, 2020

Digital payments solution provider Payrailz has secured a reseller agreement with digital banking company Tyfone. The agreement means Tyfone can connect banks and credit unions to Payrailz’s offering to support further digitization of FIs’ payment services. Tyfone Connects FIs To Payrailz.

Fintech 277

Fintech Cards Technology Samsung 277

PYMNTS

SEPTEMBER 17, 2019

About 40 percent of all ATO attacks now count as high-risk, meaning banks of all shapes and sizes must reexamine how they think about data protection, security and the tools they use to guard against emerging threats. Arou nd the Digital Banking World. digital bank Monzo. market debut. About the Tracker.

Fraud 196

Fraud Digital Banking Delaware Tools 196

Chris Skinner

JULY 21, 2017

Really easy to work with, the company is the chosen system for many other innovative companies including Kickstarter and Apple Pay, and valued at almost $10 billion by the end of 2016. These companies include firms like Stripe, a six-year-old start-up that is the preferred code for building online checkout services.

Fintech 361

Fintech System Apple Technology 361

PYMNTS

APRIL 16, 2019

To that end, CEO David Solomon noted that the revenue dip of 13 percent in the first quarter reflected a slowdown relative to the “robust market backdrop” seen last year. This, of course, points toward the desire to bring top line from non-Wall Street sources, and from the move toward mass market products. Across the U.S.

Apple 121

Apple Cards Course Management 121

PYMNTS

OCTOBER 29, 2018

The day after Halloween marks the 60-day sprint to the end of the year – a year in which the pace of innovation has accelerated materially. The shifts associated with that innovation are beginning to take root, and those impacts are beginning to be felt. Apple … and the iPhone Customer. Google … and Ad-Supported Search .

Payments 196

Payments Google Apple Innovation 196

PYMNTS

FEBRUARY 25, 2020

Banks and legacy financial institutions (FIs) might be wise to study what disruptive technologies recently did to the print publishing industry, taxi cabs, network TV, and a host of other businesses that were disintermediated with little to no warning in recent years.

Mobile 153

Mobile Cards social media Survey 153

Independent Banker

NOVEMBER 25, 2015

Even with technology’s increasing influence on retail banking, it’s not typical for a community bank to have one of its most senior and trusted executives concentrate primarily on leading consumer product and payments innovation. billion-asset, 85-branch community bank based in Rockland, Mass., is not typical. Assets: $7.2

Innovation 70

Innovation Community Bank social media Community 70

PYMNTS

JULY 1, 2020

Despite the surge in mobile payments and online banking , no one is predicting the disappearance of traditional banks and their brick-and-mortar branches. . consumers who have at least one credit or debit card and mobile device revealed that 24 percent would be “very” or “extremely” likely to switch to the new generation of banking.

Survey 183

Survey Cards Millennials ATM 183

Accenture

NOVEMBER 27, 2017

Connecting more than 8,000 decision makers and thought leaders across the industry, Sibos 2017 in Toronto was once again the platform where the global financial community explored the disruptions and opportunities in payments driven by innovation, technology and new business models. Market infrastructure renewal.

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Innovation Conference Fintech blockchain 171

PYMNTS

OCTOBER 4, 2019

This week’s coverage includes a deep dive into a big potential misstep for Apple, woes at Goldman’s Marcus, a new Visa expansion effort and a look at how Google Maps can predict the future of payments. Visa Powers Revolut’s Global Expansion Into 24 New Markets. Apple — Phone Home. Top Stories. Goldman’s Marcus Has Lost $1.3B

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Fraud Google Apple Chicago 108

Insights on Business

DECEMBER 10, 2017

Consumers have been conditioned by Google and Apple to see that banking services can be much more accessible and convenient from a mobile device. Banks, on the other hand, in addition to understanding complex regulations and having greater access to capital, know their customers and have their trust. Banks are also innovators.

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Fintech social media Apple Google 115

The Financial Brand

AUGUST 10, 2020

Google, Amazon, Apple and rapidly evolving digital innovation will shift what financial products look like and what bank marketers do. The post The Future of Banking: Tomorrow Will Be Radically Different appeared first on The Financial Brand.

Google 43

Google Apple Innovation Branding 43

PYMNTS

MARCH 15, 2019

But then again, capital is being deployed into the sector, with more than $3 billion coming to FinTechs through the first few months of 2019, up 18 percent from last year, as Innovate Finance estimated. The company may come to market with a $6.2 regardless of the wrangling between the U.K. and the EU over any number of months.

Apple 116

Apple social media Fintech Lending 116

PYMNTS

JUNE 28, 2018

As digital banking and payments become mainstream, financial institutions (FIs) are stepping up their efforts to improve customer engagement (CE). The moves comes as consumers expect excellent product experiences as compelling new business models and product-level innovations come to market.

Examples 109

Examples Samsung America Innovation 109

PYMNTS

MARCH 15, 2019

But then again, capital is being deployed into the sector, with more than $3 billion coming to FinTechs through the first few months of 2019, up 18 percent from last year, as Innovate Finance estimated. The company may come to market with a $6.2

Apple 101

Apple social media Fintech Lending 101

PYMNTS

AUGUST 27, 2018

It is not in fact his first time in this market, as seven years ago Berkshire debuted an online distributor in that market, which in turn sells offerings from Bajaj Allianz General. The market as a whole is an attractive one for commerce and eCommerce, and for companies focused on innovation.

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Apple Course Online Mobile 101

Gonzobanker

DECEMBER 17, 2021

Huntington and TCF merge to create the $170 billion Midwest dynamo and vault them into one of the top 10 banks in the country. This is an innovation-seeking franchise that has built a solid brand and never got over its skis in execution. GonzoBanker of the Year – Bank. Goes to Eric Sprink, Coastal Community Bank , Everett, Wash.

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Fintech Strategy Leadership Lending 143

PYMNTS

JULY 17, 2020

VB said that’s particularly noteworthy when paired with the study’s third finding — that users are increasingly open to the idea of switching their primary card relationship to an Apple or Google if they can get better digital servicing.

Regional 198

Regional Cards National Trends 198

PYMNTS

APRIL 24, 2020

We think it is very important to have one view of the customer that includes marketing cloud and service cloud, which means …we want to be able to know everything that customer is doing with us and every question that they have had, so we have [a comprehensive] experience with them.”. Digital Transformations in a Digital Age.

Digital Banking 207

Digital Banking Tools Cards Examples 207

Independent Banker

OCTOBER 29, 2014

A consensus says that the future banking customer relationships—particularly for millennial consumers—will orbit to one degree or another around mobile technology. The latest twists came in September, when one of the biggest technology and payments events of the year featured the announcement of Apple Inc.’s

Mobile 105

Mobile Community Bank Community Technology 105

PYMNTS

SEPTEMBER 6, 2016

Jenkins sees two worlds — banks and payments — that both need to come together to address cybersecurity. Payments had been relatively static with innovation around cash, checks and credit cards. Then, there was sudden exponential growth in innovation. The Pace Of Business Transformation. Now located in the U.S.,

Security 100

Security CA Payments Big Data 100

PYMNTS

FEBRUARY 9, 2018

The sound of grocery stocks dropping is also true, but given that the stock market fell 1,000 points today, we don’t think it is quite fair to blame the grocery segment’s performance on Amazon, whose stock price also fell. Coordination fosters a level playing field for innovation – who’da thunk it? Oh, and about that quiz ….

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Regulation Austin Dallas Virginia 134

FICO

JANUARY 24, 2018

In 2017 we were honored to receive a Chartis Innovation Award for the Enterprise Security Score, in recognition of the market-proven predictive analytics and innovative machine learning technology FICO has successfully applied to the cyber domain. Sure enough, Arif Ahmed, SVP of Payments & Emerging Tech Innovation at U.S.

Conference 55

Conference Customer Experience Maine Exercises 55

Banking 2020

JANUARY 15, 2015

As we begin 2015 in retail banking, here is a quick look at five trends to watch for in 2015. Digital Banking. The 2014 Federal Reserve report identified that, for the first time, more than 50% of smartphone owners are using mobile banking. Banks continued to invest heavily in this channel to differentiate last year.

Retail 40

Retail Trends Millennials Mobile 40

PYMNTS

OCTOBER 11, 2017

But, he added, with many banks thinking about how to leverage technology and innovation to better serve clients, getting executives to engage has become easier. A company that begins in the digital sphere — like most of these FinTech startups — is going to face massive obstacles if it tries to enter the physical world.

Retail 118

Retail ATM San Francisco Chicago 118

PYMNTS

DECEMBER 13, 2019

These challenger banks are now competing with an emerging group of financial startups, which are coming armed with innovative technologies and specialized products of their own. Both legacy banks and established challengers must, therefore, revamp their approaches to keep up. Around The Digital Banking World.

Strategy 132

Strategy US Digital Banking Security 132

Tech and Finance

JUNE 14, 2018

I publish occasionally at the Articulate Communications blog on issues of financial technology, banking and associated public relations and marketing topics. In the past I have written about design thinking, how to avoid bank PR-speak and whether banking and innovation belong in the same sentence. – 52.3%

Survey 28

Survey Millennials Fraud Mobile 28

Gonzobanker

DECEMBER 20, 2019

Chris Myers, President & CEO, Citizens Business Bank – During a tumultuous time for West Coast banks, Myers kept his sights on being a top commercial relationship bank. The company’s market capitalization, which after declining to less than $600 million in the 2009 recession, has now grown to almost $3 billion.

Idaho 148

Idaho Conference Data Marketing 148

Fintech Labs Insights

MAY 18, 2015

Accenture Teams with Moven to Develop Digital Banking Tools. Bank Innovation. CIBC First to Launch Funds Transfer for Apple Watch. In the Bank Account of the Future, Context is King. Finovate Spring 2015: Fintech innovation for banking and wealth management. Money Marketing . Mitek Blog.

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San Jose Video Apple Innovation 12

Lex Sokolin

SEPTEMBER 19, 2019

much of it flowing to data aggregators, banking-as-a-service entrants, and insurtech (e.g., In Europe, over $10 billion could be invested this year, doubling that of 2018 and driven by the sector’s leadership in integrated digital banking (e.g., Microsoft, Apple, and Foxconn. Plaid, Lemonade). Revolut, N26).

Fintech 40

Fintech Lending United States Data 40

Gonzobanker

SEPTEMBER 27, 2016

My name is Harry “Hank” Foresight, and I started my new role last week as the Executive Vice President of Retail Banking for Van de Lay Bank & Trust. I know Dirk has great interests in innovation labs, life coaching and competitive yoga, so I know he will remain a busy man. 2: Processes Stink and We Will Improve Them NOW.

Retail 60

Retail Strategy Training Compliance 60

Fintech Labs Insights

FEBRUARY 1, 2017

It’s just called AI, spending management, or nothing at all since it’s now baked into many digital banking offerings. But the biggest help to the fledgling business came a few weeks ago when Apple nam ed it a 2017 “new app we love” that pushed the app from nowhere to #16 (USA app store, free Finance apps).

FDIC 12

FDIC Mobile Apple Google 12

Tomorrow's Transactions

APRIL 7, 2015

In the report, the regulator outlines three key areas of concern: governance, innovation and access. The big four – Barclays, HSBC, Lloyds and RBS – act as sponsor banks with direct access to payments systems. From UK launch of digital bank Fidor hamstrung by payments providers – Telegraph ].

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Regulation System Operations Payments 30

PYMNTS

JULY 14, 2016

Large, prominent banks typically have more resources, bigger customer bases and more experience working with consumers and financial markets. But big banks don’t hold all the cards when it comes to the new digital landscape. The L-word and a banking app? Then he took it slightly further. “I

User Experience 100

User Experience Digital Banking Customer Experience Innovation 100