Bank Innovation

NOVEMBER 9, 2016

As much as we all love digital banking (and we do) there are clear kinks that need to be worked out. The recent Android banking Trojan that’s gaining ground, Tesco Bank having to halt online transactions, the massive Yahoo hack, and even the troubles at Wells Fargo could all be Read More.

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Survey Apple Digital Banking Online 210

FICO

JANUARY 11, 2022

Last year we published a highly successful The 11 Commandments of Digital Banking eBook that introduced the 11 commandments: Digital lift-and-shift is not a strategy! In addition to a new blog post that will be published monthly over 5 months, we are also excited to launch the following event: LinkedIn Live on Digital Banking.

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Digital Banking Customer Experience eBook UX 98

PYMNTS

NOVEMBER 28, 2017

Gone are the days of bandits terrorizing banks in the Old West – but that doesn’t mean banks are safe in the modern age. Online fraudsters pose threats that those bank robbers couldn’t possibly fathom, with the power to potential affect hundreds of thousands of consumers’ accounts – if not more.

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Digital Banking Software Apple Security 121

PYMNTS

JULY 27, 2020

Financial institutions (FIs) are still struggling to respond to the rise in digital banking adoption spurred by the pandemic. The increase in digital banking use has also breathed new life into the discussions surrounding the technology FIs are employing to make sure they can offer this level of support.

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Digital Banking Technology Apple Examples 202

PYMNTS

OCTOBER 18, 2018

In search of added convenience and simplicity, banking customers are migrating to online and mobile banking interfaces, leaving in-person visits to brick-and-mortar branches behind. Around The Digital Banking World. How Banks Are Weaponizing Data To Fight Fraud. About the Tracker.

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Banking 2020

JANUARY 30, 2015

Over three quarters of those surveyed responded that they anticipate using their laptop for banking activities in the next two years. Major banks cashing in on Apple Pay potential: In the near future, we may see banks spend more money and time showcasing their newest capabilities, particularly those which relate to Apple Pay.

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Apple Online Payments United States 40

PYMNTS

SEPTEMBER 16, 2020

In today’s top news in digital-first banking, Tesco Bank has introduced an online payment platform for credit card customers, and Square has rolled out on-demand payroll. Tesco Bank Debuts Digital Payment Platform For 2.6M Scotland’s Tesco Bank has indicated that it is the first U.K.

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Apple Payments Cards Mobile 243

PYMNTS

JULY 31, 2020

Richard Davies is leaving his position as chief executive of Revolut , the digital banking company, one year after coming aboard. When FIs Move To The Cloud, It Pays To Start At The Bottom (Digital Banks and the Power of the Cloud Tracker) . Apple Doubles Services Revenue. Trackers And Reports. percent to $13.16

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Cards Technology Apple Digital Banking 142

PYMNTS

JANUARY 12, 2020

It will integrate with the financial giant’s digital bank Marcus. Exactly what I was waiting for,” one Apple App comment read regarding Goldman’s latest product. People expect a digital bank to have an app,” Greco said. “We Goldman Sachs Group introduced its long-awaited app last week, according to Reuters.

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Mobile Digital Banking Software Apple 131

PYMNTS

AUGUST 21, 2019

The Chase Pay app, which lets customers tap at POS terminals, was introduced four years ago as a way to compete with companies like Apple. A lot of merchants have shifted to ‘buy online, pick up in-store’ and have invested in their online presence and their apps.”. China has especially been at the forefront, but the U.S.

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PYMNTS

DECEMBER 7, 2020

Online payments firm Paysafe is nearing a deal with billionaire Bill Foley to go public with a special purpose acquisition company (SPAC) merger. Revolut has launched an acquiring solution for its Revolut Business starter pack, which will allow businesses in 13 European countries to accept credit card payments online.

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PYMNTS

SEPTEMBER 15, 2020

Necessity being the mother of invention, consumers rapidly reset their lives around digital across the board — from working to shopping to learning to managing their financial lives online. Kikkeri said this is the highest penetration that mobile banking has ever seen among consumers. Getting Ready To Fight Off Apple And Google.

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Fintech Idaho Apple Google 224

FICO

FEBRUARY 12, 2023

Home Blog FICO Top 5 Customer Development Posts of 2022: Digital Banking and Pricing Opti The most popular posts in our Customer Development category dealt with digital banking, optimizing credit line increases, loan pricing and machine learning for credit risk models. Read the full customer development post 4.

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Digital Banking eBook Analytics Customer Experience 52

PYMNTS

JANUARY 12, 2020

Wells Fargo is striving to revamp its approach to technology to ensure systems stay online, satisfy regulators and block cybercriminals, the Wall Street Journal (WSJ) reported on Saturday (Jan. When “the app is down, the bank is down for our customers,” he said. Although Wells Fargo contends that in the 1990s it was the first U.S.

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PYMNTS

JANUARY 7, 2020

That unit will include the company’s online lending platform, Marcus , and credit card business, the latter of which is done through a joint venture with Apple. That includes Marcus and the Apple Card. In the meantime, the push downstream into consumer banking and into the Apple Card comes as the field is getting a bit crowded.

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Report Apple Lending Cards 134

PYMNTS

JANUARY 7, 2020

That unit will include the company’s online lending platform, Marcus , and credit card business, the latter of which is done through a joint venture with Apple. That includes Marcus and the Apple Card. In the meantime, the push downstream into consumer banking and into the Apple Card comes as the field is getting a bit crowded.

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Apple Lending Cards Report 132

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.

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Fraud Digital Banking Delaware Tools 196

PYMNTS

NOVEMBER 15, 2019

Goldman Denies Discriminatory Apple Card Practices, Says It Will Reassess Limits. Goldman Sachs has promised to reevaluate how credit limits are determined for Apple Card users after being accused of gender discrimination. Apple Pay Competition Practices Eyed By EU Regulators. Google Dives Into DDAs.

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PYMNTS

FEBRUARY 24, 2020

Yet, some common threads unite the respective bids by LendingClub for Radius Bank and by Morgan Stanley for E-Trade , with a nod toward the changing financial services landscape and serving customers through “one-stop shop” platform models. Last week, Morgan Stanley said it would buy online broker E-Trade in a stock deal worth $13 billion.

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Digital Banking Course Online Management 242

PYMNTS

AUGUST 6, 2020

Accounts payable (AP) and receivable (AR) technology firm Bottomline Technologies announced its open banking-powered service in the U.K. The solution, Pay Direct , allows corporates to more seamlessly accept online payments directly from the sender’s bank account using the U.K.’s In another bank-FinTech tie-up, J.P.

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Fintech Cards Technology Samsung 277

PYMNTS

JANUARY 22, 2020

In today’s top news, Grab, Razer, AirAsia and CIMB join other companies considering applying for one of five digital banking licenses in Malaysia, and Vodafone leaves the Libra Association. Grab, Razer, AirAsia, Others Ponder Malaysia Banking Application. Also, Big Rech shines at the first day of Davos. Vodafone Bails On Libra.

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PYMNTS

SEPTEMBER 13, 2019

13) to Amazon, Apple, Facebook and Google to get documents that might shed light on market dominance. Apple market cap: Who says there are no second acts in life? The debut of the latest iPhone iteration, new Apple Watch and new iPads, helps push the company’s market cap past the $1 trillion mark — for the second time.

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Rhode Island Google Apple Regulation 100

PYMNTS

FEBRUARY 28, 2020

The bank has a service called MoneyMax that is powered by artificial intelligence (AI), and it’s meant to encourage users to earn money on saved money and spend less on bills and online purchases. The bank’s flagship branch will be opened soon on the Avenue de la Toison d’Or in Brussels.

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ATM Apple Online Management 198

Banking 2020

JANUARY 16, 2015

Customers like branches –but don’t depend on them : While branches remain critical for acquiring and retaining consumers, a recent Novantus survey shows that while consumers regularly interact with their financial institutions via digital channels, they still believe the branch is important in selecting their bank.

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Digital Banking Apple Mobile Survey 40

PYMNTS

AUGUST 21, 2019

Thus in the race against Apple Pay, Samsung Pay and other companies, Chase, at least in this respect, gave the nod to the fact that the times are indeed (a) changing – and, in fact, have changed too much to offer the standalone digital wallet in the physical commerce setting.

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Online Samsung Strategy Apple 116

PYMNTS

JUNE 27, 2019

In the latest Digital Banking Tracker™ , PYMNTS examines how banks are innovating to address these security vulnerabilities. Around the Digital Banking World. Banks and payment players are adopting new technologies to keep customer data safe. In the U.K., In the U.K., About the Tracker.

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Customer Experience Digital Banking Innovation Security 109

PYMNTS

APRIL 16, 2019

Looking toward what’s (literally) in the cards, management pointed to the announcement that came last month with Apple. As had been previously reported, Goldman and Apple are launching the Apple Card. The CFO also illuminated some developments tied to the online banking platform, Marcus. Across the U.S.

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Apple Cards Course Management 121

Chris Skinner

JULY 21, 2017

These companies include firms like Stripe, a six-year-old start-up that is the preferred code for building online checkout services. 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.

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Fintech System Apple Technology 361

Accenture

SEPTEMBER 22, 2019

Neo-challenger banks have several advantages over their traditional counterparts—including having lower operational costs, because their tech stacks are cheaper to run, and offering a tailored online experience that appeals to Millennials. Trust is central to any bank’s relationship with its customers. What the future holds.

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PYMNTS

NOVEMBER 15, 2019

Customers can use numerous electronic transfer and payment solutions, including debit card controls, Zelle, Bill Pay, Apple Pay and Samsung Pay. Today’s consumers want the flexibility to manage their finances from anywhere and at any time,” said Ravi Kumar, head of CIT’s direct bank.

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National Samsung Survey Mobile 123

Gonzobanker

AUGUST 17, 2022

Digital Engagement Had Great Attendance and Extracurriculars. Digital banking provider Alkami acquired data analysis and marketing campaign management provider Segmint Digital banking and payments provider Bottomline was acquired by Thoma Bravo for $2.6B.

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PYMNTS

SEPTEMBER 29, 2017

based, startup, digital and mobile financial firm Starling Bank, the answer has often involved trying to stay ahead in the crowded digital banking race. In April, Starling Bank announced it had become the first digital-only bank in the U.K. Pushing forward on partnerships . About the Tracker.

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Digital Banking Mobile Apple Fintech 115

Bank Innovation

JANUARY 10, 2019

Banks, credit unions and other financial institutions have tech giants like Apple, Amazon and Google to thank for the rise in customers demanding a combination of speed, simplicity and convenience that can seem elusive in the industry.

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Apple Google Industry Customer Experience 210

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. .

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Survey Cards Millennials ATM 183

PYMNTS

MAY 9, 2017

According to a report covering the new research, driving the movement to biometrics payments is Apple Pay, which paved the way for consumers to make payments in stores and on apps using fingerprints. Android Pay and Samsung Pay helped drive adoption further with their own biometrics capabilities, noted the report.

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Mobile Payments New York City Samsung 137

Independent Banker

OCTOBER 31, 2021

How Americans bank has been changing for years, including how they start their banking relationships. Offering the ability to open an account online can be one way to reach customers who are unable to join your community bank in person. A ‘big bang’ for digital account opening. Photo by Anchiy/Getty Images.

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PYMNTS

JUNE 10, 2020

Amazon plans to offer the Marcus lines of credit alongside term loans that the online retailer has been offering for years. For Goldman , the move comes five months after CEO David Solomon said he wanted to see the Marcus brand become a “banking-as-a-service” provider for big corporations.

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