Bank Innovation

JANUARY 10, 2018

EXCLUSIVE—With mobile banking services offered at the majority of financial institutions, innovating the digital space is becoming more important in the fintech ecosystem, especially for smaller players like regional banks or credit unions. First off, we need […].

Digital Banking 276

Digital Banking Technology Regional Mobile 276

PYMNTS

JULY 11, 2018

Citizens Financial Group announced the launch of its nationwide, direct-to-consumer digital bank. Over the last several years, direct bank deposits have grown six times faster than deposits at traditional banks as consumers have sought innovative new ways to save money,” said John Rosenfeld, president of Citizens Access.

Digital Banking 103

Digital Banking United States FDIC ATM 103

PYMNTS

MAY 12, 2020

There was a time when consumers did not require much more from their local bank than a checking account, savings account and an ATM card. This has changed dramatically in recent years as consumers’ financial lives have migrated to the digital realm. In contrast, national bank customers are less likely to switch FIs, with 25.9

Regional 241

Regional National Cards Mobile 241

PYMNTS

MAY 29, 2020

We have deep dives on Main Street’s digital shift, ATM innovation and PPP loans. Innovating The ATM Beyond Cash. How To Keep Fraudsters From Scamming Banks Across Every Nook And Channel . The Flaw In Demonizing Big Tech.

Maine 130

Maine ATM Innovation Millennials 130

PYMNTS

MAY 4, 2017

Brazil and Mexico — the total amount in cash payments for the region was $3 trillion in 2015, with weighted average cash use at 14 percent of GDP, with an estimated increase, annually, of 4 percent through 2020 in absolute dollars but a decline in percentage of GDP by 1.2 Turning to the Americas — defined as the U.S.,

ATM 192

ATM Millennials United States Study 192

PYMNTS

JANUARY 13, 2021

The purchase is said to be in line with Sea’s aim to expand its position as a FinTech trailblazer throughout the region. Shares were reportedly bought from current investors PT Koin Investama Nusantara Ltd. and PT Danadipa Artha Indonesia. PSCU Extends Payment Processing Collaboration With Fiserv. PSCU, the CUSO, announced on Wednesday (Jan.

Digital Banking 141

Digital Banking ATM Capital Regional 141

PYMNTS

NOVEMBER 2, 2020

After all, what counts as a bank or not is a little bit different in India than it is in the United States, he said. Agashe said the 50,000 very small community banks and credit unions (CUs) spread throughout India’s rural regions don’t count as “banks” in the official tally. or ‘Why don't you put in an ATM?’

Fintech 210

Fintech ATM Community Bank Cards 210

PYMNTS

MARCH 3, 2020

Other digital-first banks are leaning heavily on ATMs to reduce their overall footprints. Features such as these allow customers to perform a range of banking interactions that would be impossible at traditional ATMs, such as opening accounts and obtaining new credit cards.

ATM 151

ATM Fraud Study Regional 151

PYMNTS

FEBRUARY 26, 2020

Digital banking and payments firm i2c is partnering with next-generation commerce firm Sightline Payments to deliver cashless, mobile and omnichannel programs to over 45 gaming resorts, state lotteries, digital gaming and sports betting sites across eight states, i2c announced on Wednesday, Feb. There are more than 2.5

Oregon 232

Oregon Pennsylvania Innovation Operations 232

PYMNTS

NOVEMBER 27, 2019

That is among the reasons why Emirates NBD recently launched the first digital banking service for SMBs in the UAE, a launch that could inspire similar efforts in other parts of the world. It will have a mobile app, and provide different services necessary to carry out banking needs. New Venture.

Fintech 167

Fintech Regional Regulation ATM 167

PYMNTS

JANUARY 30, 2020

Digital banking efforts took center stage at Goldman’s Investor Day on Wednesday (Jan. Eric Lane, global co-head of the Consumer and Investment Management Division, said the company will debut a digital wealth management offering in 2020 and digital checking accounts in 2021. Unbundling the Travel Bundle.

social media 141

social media Payments ATM Fraud 141

PYMNTS

MAY 6, 2019

Our team has torn apart the small business banking playbook and created our own digital banking platform and operating model from the ground up.”. The company offers application programming interface (API)-powered banking that was created to automate back-office financial work. that let them deposit cash and checks.

Innovation 192

Innovation Fintech San Francisco New York 192

PYMNTS

MAY 30, 2019

Miami’s tech scene is experiencing positive growth and we see a lot of opportunity for disruption in the region,” Pablo Sanchez, head of retail banking and wealth management for HSBC in the U.S. Our customers in South Florida will have a chance to experience an entirely new way of banking thanks to Pepper.

Miami 108

Miami New York City Florida Seattle 108

PYMNTS

APRIL 2, 2019

MOXY bank , preparing to be one of the first new community banks to launch in the U.S. in decades, has announced that it is working with technology solutions company NYMBUS to integrate its core digital banking and payment services.

Community Bank 117

Community Bank Community FDIC Washington 117

PopularBank

OCTOBER 28, 2020

Popular Bank will maintain a presence in most of its current communities, with 27 branches located throughout New York in Brooklyn, Bronx, Manhattan, and Queens, as well as in northern New Jersey. Of the 11 branches closing, eight are within two miles of another Popular Bank branch. New York Metro. Nicole Siciliano. 631) 806-7742.

Puerto Rico 52

Puerto Rico New York Metro Community 52

NCR

DECEMBER 27, 2017

It has certainly been an interesting year, with highlights including the 50 th anniversary of the ATM, brand new real-time payment systems being introduced and ongoing preparation for a regulatory shift that could transform the industry as we know it. 50 years of the ATM. The humble ATM celebrated its 50 th birthday in June 2017.

ATM 76

ATM Fraud Industry Security 76

PYMNTS

JUNE 28, 2018

But the recent thefts, along with other attempted and completed cyberattacks, demonstrate why payments officials in the region are expressing fresh concern about financial security there. Evidence of that comes from Swift’s Latin America Regional Conference , held earlier this month in Miami. Fraud is a Top Worry.

America 102

America Security Miami Conference 102

Tech and Finance

JULY 13, 2016

Regional and mid-tier banks face an uphill battle on the digital front, but have advantages they can capitalize on with some focus and determination. Alarm bells are sounding in boardrooms of regional and mid-tier banks across the U.S. Retail Banking Customer Satisfaction Study from J.D. The 2016 U.S.

Regional 28

Regional Mobile Millennials Study 28

NCR

JANUARY 29, 2018

The Hong Kong authority is aiming to finalize its policies on open APIs for the banking sector around the end of 2017, with the goal of supporting innovation and enabling collaboration between banks and tech firms. The post Faster payments key to Hong Kong’s smart banking plans appeared first on Banking.com.

Payments 70

Payments ATM Innovation Regional 70

PYMNTS

JULY 27, 2018

ACBA has 58 branches throughout Armenia, along with 1,400 POS-terminals and a developed network of automated teller machines (ATMs). JCB , meanwhile, has more than 110 million card members spread across 24 countries and regions, with 30 million merchants around the world accepting its cards.

Mobile 101

Mobile Cards ATM Fintech 101

PYMNTS

FEBRUARY 26, 2019

To compete with legacy banks and serve unbanked populations, several digital-first and digital-only challenger banks have emerged and are providing financial services through smartphones, which are owned by more than half of adults in the region. Improving Digital Banking Journeys.

America 122

America Security ATM Fraud 122

PYMNTS

AUGUST 17, 2017

But, while closing physical bank branches might appear to be a wise cost-saving measure, the move comes with risks that could hurt banks’ relations with new millennial customers. Can banks have it both ways? You just start with that digital-first mindset.”. The reports from SurveyMonkey and Bain & Co.

Millennials 132

Millennials Digital Banking San Francisco Fintech 132

Jeff For Banks

MARCH 14, 2020

We invite you to use our convenient digital banking channels and phone banking options to conduct your banking transactions, and when in doubt, always feel free to contact your relationship manager or local branch. Our digital banking tools are designed to be easy to use. You can find your nearest ATM here.

ATM 78

ATM Policies US Management 78

PYMNTS

MAY 7, 2018

The goal of shared branching , Hanisch explained, is to give small and medium-sized credit unions some of the scale of its big banking counterparts by making their various locations and ATMs interchangeable from a consumer perspective. For the credit union, settlement happens via ACH the next day. We see it as a key competitive tool.”.

ATM 100

ATM Online Survey United States 100

ATM Marketplace

FEBRUARY 23, 2016

FSS says it will revamp its digital banking solutions with the IBM MobileFirst platform to provide scalable next-gen mobile banking solutions in the APAC region.

Mobile 48

Mobile Regional Digital Banking 48

PYMNTS

MARCH 9, 2020

A vast majority of consumers express a passing interest in exploring banking-like services from providers that are not banks, even though only a small percentage of consumers use those providers today in that way. Nearly every single consumer uses an institution that provides all of those services as their primary bank.

How To 232

How To Millennials ATM Fintech 232

American Banker

JULY 6, 2016

As banks develop their customer digital banking channels it's increasingly clear mobile devices are the glue that will bring different experiences together. But there's one problem: mobile banking hasn't even really taken off yet.

Mobile 52

Mobile Digital Banking ATM Regional 52

Banking 2020

FEBRUARY 17, 2015

For everyone from lazy millennials in the suburbs to disadvantaged denizens in under-developed regions, this is a game-changer. 2030, 2 billion people who don’t have a bank account today will be storing money and making payments with their phones. It almost seems inevitable.

Mobile 40

Mobile Online Millennials Course 40

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. Part of Broader Changes at NCR.

Atlanta 154

Atlanta Digital Banking Analytics Leadership 154

William Mills

SEPTEMBER 9, 2016

Listening to banks and realized that they don’t have sentiments of their customers to create insights and they were not looking forward. Built a solution called Customer Insight for banking. Andrew Barnett – Principal Digital Banking and Payments Consultant and Elizabeth Santorelly. It looks like a pretty cool technology.

social media 40

social media ATM Mobile Customer Experience 40

PYMNTS

FEBRUARY 22, 2019

Things aren’t so straightforward for those who create those innovations — which, as NovoPayment CEO Anabel Pérez told Karen Webster in a recent conversation, is a challenge for many banks in the Latin America (LATAM) region to fully grasp. Beauty In Banking Is More Than Skin-Deep.

Innovation 153

Innovation Regional System America 153

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. billion bank in the Mid-Atlantic region.

Fintech 195

Fintech Community Regional Technology 195

American Banker

JUNE 8, 2016

PNC Financial Services Group has been named the official bank of the University of Kentucky, its 50th such partnership with a college or university.

Kentucky 28

Kentucky Groups Branch Strategies ATM 28

CB Insights

MAY 15, 2019

Notable projects: Card Free Access is a program developed out of the lab that allows Wells Fargo Banking customers to access ATMs through a variety of methods without their cards. Customers can use this feature in three ways: ATM access code, mobile wallet access at the ATM, and mobile wallet at the teller.

Innovation 78

Innovation blockchain Technology Groups 78

CB Insights

JUNE 17, 2020

The opportunity in branchless banking is substantial enough that fintechs in other areas are expanding to offer banking services as well. In October 2019, robo-advisor Betterment introduced a series of cash-management products, including high-yield savings and checking with ATM. There are also benefits on the business side.

Industry 101

Industry Technology Online Video 101