Santander Group invests $40M in LendingClub founder's startup
American Banker
JUNE 17, 2020
Other challenger banks focused on consumer loans, including LendingClub, have struggled since the onset of the coronavirus pandemic.
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Your Eyes are the Window to… Your Bank? Q&A with EyeVerify
Banking 2020
NOVEMBER 12, 2014
Eyeprint ID is already in market for consumers among 20 banks in Australia that are leveraging the digital banking platform provided by The System Works Group. Many banks are adopting EyeVerify to protect their internal employees phones using solutions from Good Technology and AirWatch. Source: WSJ.
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Omni-channel innovation, not supplier contraction, critical to banking growth
Banking 2020
OCTOBER 23, 2015
This acquisition does nothing to address gaps both firms share – especially in digital banking and payments software capabilities. The banking industry today sits on the precipice of change, as banks still face an unprecedented compression in profitability.
The Future for Banking Isn’t Online: Emphasizing the Digital Customer Experience
Banking 2020
FEBRUARY 1, 2016
Without those personal relationships to foster loyalty, banks have to find a way to digitize that feeling of being known and understood — if they want to have any hope of maintaining customer satisfaction. Speed is also key; the point of an app is to allow busy people to do their banking on the move.
How coronavirus pivot helped this British fintech land PNC
American Banker
JUNE 5, 2020
The challenger bank OakNorth has been peddling its lending platform to U.S. banks for a year. When it saw COVID-19 on the horizon, it retooled to include a ratings system predicting how borrowers will be affected by the pandemic.
Even in pandemic, small banks forge ahead with core conversions
American Banker
SEPTEMBER 3, 2020
Many community banks, like Peoples Community in Wisconsin, say they proceeded despite the technological challenges presented by social distancing because the crisis has exposed the shortcomings of their digital systems.
5 Big Ways Mobile Banking has Changed the Industry
Banking 2020
FEBRUARY 9, 2016
Smartphones and tablets are central to Millennials’ “on-demand” lifestyle, making the mobile banking adoption rate for this group a whopping 46.6 Globally, the millennial population looks to do their banking through a mobile app. Over 43 percent do it online via their bank’s website, while only 7.8
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