PYMNTS

NOVEMBER 1, 2018

The ongoing struggle, supposedly existential in nature, that pits upstart, relatively young FinTech firms against arrogantly complacent banks for supremacy in this new and growing world of digital payments and commerce. Trust in Banks. Or, as a recent CNBC article put it, quoting a source, “a mass extinction event.”.

Fintech 191

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Insights on Business

FEBRUARY 13, 2019

How do banks prepare for this new reality? For Bradesco, a large Brazilian bank, NEXT is the answer. Next is a digital bank, completely disassociated from the Bradesco brand. Next has access to all of Bradesco’s ecosystem, ATMs, call center, internet banking. Next was born to complement Bradesco’s strategy.

Albuquerque 152

Albuquerque Digital Banking Millennials social media 152

PYMNTS

NOVEMBER 27, 2019

That can hold especially true in wealthy countries, such as the United Arab Emirates (UAE), as discussed in a new PYMNTS interview with Evans Munyuki, chief digital officer of Emirates NBD , a UAE banking group. The government, for instance, has set up funding meant to guarantee and encourage more lending to those smaller operations.

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Fintech Regional Regulation ATM 167

PYMNTS

MARCH 1, 2020

This strategic partnership will facilitate workers in this segment with a bank account and empowering them [with] digital banking [solutions] as well as financial security. NPCI will assist workers with using the local payment network Rupay, which operates with ATMs, point of sales (POS) devices and eCommerce sites.

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Fintech ATM National Maine 130

PYMNTS

MAY 20, 2020

COVID-19 has forced many CUs to limit their brick-and-mortar hours of operation or close their branches completely, leaving CU members to rely primarily — and sometimes exclusively — on their CUs’ digital banking options. So, how can credit unions work to stand out from their competitors when every bank is digital-first?

Data 152

Data Digital Banking Innovation Fintech 152

PYMNTS

MARCH 26, 2020

But as of 2020, it is a subject upon which seasoned experts can disagree, in a world where traditional banks and FinTechs are operating in parallel in the market – and, in many cases, are offering similar services for consumers. But the FinTechs, Baird noted, are adapting and innovating around that issue. Baird said. “As

Innovation 241

Innovation Fintech Data Examples 241

PYMNTS

FEBRUARY 28, 2020

The banking industry is undergoing a sea change in the new decade, with online and mobile banking growing ever more popular among customers, and challenger banks and FinTechs disrupt the market with new technologies. Developments From Around The World Of Digital-first Banking.

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ATM Study Analytics Meeting 159

PYMNTS

MARCH 3, 2020

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.

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ATM Fraud Study Regional 151

PYMNTS

JANUARY 29, 2020

Their traditional banking rivals are now supplemented by young, agile FinTechs that advertise the most advanced technology and much greater efficiency than their legacy counterparts, meaning that CUs must lean into their strengths to get ahead. Few are more familiar with this challenge than St. There’s No “I” in CU. Getting Technical.

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PYMNTS

AUGUST 17, 2017

With more consumers moving to mobile transactions over visits to branches, some banks are considering closing brick-and-mortar locations to reduce operational costs. The price of real estate is prompting even the largest players in the banking world to scale back their branch operations. Getting in Front of Change.

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Millennials Digital Banking San Francisco Fintech 132

PYMNTS

MARCH 14, 2017

New digital authentication tools are allowing India’s rural consumers to open bank accounts in the blink of an eye. As India moves to a cashless society, new digital banking tools — such as iris scanning technology — are being adopted by the nation’s banks to help verify customers’ identities.

Digital Banking 127

Digital Banking Tools ATM Technology 127

PYMNTS

OCTOBER 30, 2018

Translating that trust advantage into mobile market share, however, is another matter entirely, as was discussed in a recent PYMNTS interview with Gerhard Oosthuizen, chief technology officer for Entersekt , a South Africa-based FinTech firm that focuses on mobile authentication and app security software. Trust Advantage.

Mobile 184

Mobile UX Security Fintech 184

Gonzobanker

MARCH 25, 2020

Here are examples of where normal will be redefined: Digital Banking. Most of the customer correspondence we’re seeing from financial institutions emphasizes that although branches are partially or completely closed, customers can do most of what they need digitally or via drive-up ATMs or tellers. Remote Employees.

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San Francisco Phoenix Meeting Training 134

PYMNTS

FEBRUARY 26, 2019

Challenger banks may be offering consumers new ways to access financial products, but they still face the same authentication hurdle that has always plagued the financial services market: How do they ensure their customers are who they claim to be? Tapping Into Brazil’s Banking Frustrations. Improving Digital Banking Journeys.

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America Security ATM Fraud 122

PYMNTS

MARCH 7, 2019

Furthermore, the lines between financial services, FinTech firms, payment providers and even open source “communities” continue to blur as collaboration takes shape. As the executive stated, “Banks, financial institutions and payment companies are making choices about who they want to partner with” in the drive to payments innovation.

ATM 194

ATM Innovation Payments blockchain 194

PYMNTS

APRIL 22, 2016

The challenge for the bank will be remaining competitive when the interest rate is ultimately dialed back and the offering itself – namely its features and user experience — need to steer the ship. It’s a bit of an unprecedented step – I don’t really know many banks that have a waitlist for their bank account.”.

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User Experience Digital Banking Customer Experience System 100

Fintech Labs Insights

JANUARY 8, 2017

The company announced last month that it has signed a memorandum of understanding with fellow Finovate/FinDEVr veteran Fidor Bank ( F11; FD16 ) that will make Token’s software available within Fidor AG’s digital banking and open community middleware technology, Fidor OS. Wealth Management and Investing.

Fintech 12

Fintech blockchain Technology Lending 12

CB Insights

AUGUST 23, 2018

Learn about the playbooks of today’s top banks as they digitally re-position their consumer products. Today, JPMorgan (JPM) is using its capital and scale to build an entirely digital bank. JPM’s digital push, a theme it refers to as “Mobile First, Digital Everything,” is showing positive early results.

Cards 76

Cards Mobile Strategy Branding 76

Gonzobanker

JULY 11, 2019

The digital banking system market is as hot as summer in Atlanta as witnessed by NCR ’s acquisition of D3 Technology last week. Privately held D3 was owned primarily by several of its larger mid-size bank clients the likes of First Tennessee , Arvest , TCF and recently signed Zions Bank. Another fintech deal to watch.

Atlanta 137

Atlanta Digital Banking Analytics Leadership 137

William Mills

SEPTEMBER 9, 2016

An App Store for FinTech applications. Andrew Barnett – Principal Digital Banking and Payments Consultant and Elizabeth Santorelly. Now showing the use case on a mobile device and an ATM. Juvo makes it easy for mobile operators to find them. Earlier they announced another partnership with 70,000 ATM locations.

social media 40

social media ATM Mobile Customer Experience 40

PYMNTS

JUNE 1, 2020

Banks worldwide are undergoing digital transformations to provide the latest and most advanced services and technologies to their customers, such as remote loan applications, video tellers and biometric-enabled ATMs. They require cooperation from FinTechs and other third-party developers to become a reality.

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Data Fintech Security ATM 146

Fintech Labs Insights

NOVEMBER 18, 2014

Myth 1 >> Bank branches are needed for "complex" financial matters Truth : Branch banking is on the way out Prediction : The U.S. My grandparents operated a much-loved corner grocery. It''s also an unintended consequence of offering all digital banking services free of charge. My wife loved Blockbuster.

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Lending Mobile Online Digital Banking 30

PYMNTS

JUNE 27, 2019

Broadly speaking, CO-OP is a financial technology (FinTech) company that offers debit and credit processing solutions; operates the largest ATM and shared branch networks for thousands of credit unions in the United States; and offers a comprehensive set of online and mobile banking solutions.

Payments 100

Payments ATM Lending United States 100

PYMNTS

FEBRUARY 22, 2019

The problem with mainstream banking in the LATAM region right now, Pérez told Webster, is that bankers both get and don’t get the pressure to modernize their consumer and commercial offerings. That’s how a bank goes about offering a digital experience that isn’t just beautiful (i.e., Delving Deeper .

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Innovation Regional System America 153

PYMNTS

OCTOBER 23, 2018

Banks have many small touchpoints where a consumer is reaching out, and banks have the opportunity to provide the service or connection, but don’t always quite hit the mark. In order for banks to stay relevant, Engel said, they have to find a way to blend their services into that consumer journey as much as possible.

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Retail Online Data Mobile 186

PYMNTS

MAY 21, 2016

In partnership with Nuance Communications, the same Massachusetts-based company behind the voice of Siri, the bank is piloting the technology in order to initially promote voice-activated functionality around spending tracking. To download the May edition of the Digital Banking Tracker™, click the button below. Phenomenal.

Technology 115

Technology Trends Maine Digital Banking 115

Gonzobanker

DECEMBER 14, 2023

Not the financial industry’s “Troublemakers ” – those regional and community banks, credit unions and supporting fintech entrepreneurs who continue to engage customers and communities and find niches that keep the grassroots of our country’s financial system alive and kicking. Paul Murphy, founder of Murphy & Co.

Fintech 195

Fintech Community Regional Technology 195

William Mills

MAY 9, 2018

There are a number of great events in FinTech but this one I do my best to attend each year. Presenter Profile: How they describe themselves: AI Foundry uses AI and user-guided machine learning to transform enterprise operations by integrating information, people and processes. Good job AI Foundry! Demo video will be available soon.

Security 40

Security Samsung Strategy San Jose 40

CB Insights

JUNE 17, 2020

VR has also helped businesses across industries keep operations running. The equipment was expensive and companies lacked the in-house expertise required to operate it. Source: Oxford Medical Simulation. Real estate agents have been relying on virtual tours to continue showing properties. Some experts, however, aren’t so sure.

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Industry Technology Online Video 101

CB Insights

MAY 15, 2019

As fintech plays a larger role in the financial ecosystem, companies are looking for ways to use tech to solve problems and find new opportunities in the space. DBS leaders expect to see more than 5,000 people actively innovating DBS’ services and operations at DAX each year. Get the entire 43-page PDF. Founded: 2015. Founded: 2010.

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Innovation blockchain Technology Groups 78

Insights on Business

JANUARY 28, 2019

Working with IBM, the bank was able to enable a fully transparent extension of their VMware infrastructure with elastic capabilities while keeping the same operational procedures in a transparent extension of their operations and compute infrastructure over VMware. Speaker: Henrique Albuquerque, Bradesco Bank.

San Francisco 87

San Francisco Analytics Albuquerque Security 87