American Banker

JUNE 11, 2020

The company is partnering with the fintech company Sensibill, whose technology turns photos of receipts into text and helps people track and manage their expenses.

Mobile 47

Mobile Fintech Management Technology 47

Banking 2020

AUGUST 19, 2015

Three Common Misconceptions about Mobile Security. Studies show that a person has more anxiety about losing their mobile device than their purse or wallet. This anxiety even has a name – nomophobia, or “no mobile phone phobia.”. Nomophobia is the fear of being out of mobile phone contact, and in a sense it’s entirely reasonable.

Mobile 40

Mobile Security US Data 40

Banking 2020

JUNE 12, 2015

: A recent survey found that 23% of consumers choose to use their smartphones as their primary access point for their checking accounts, showing a significant amount of consumers who choose mobile banking over their bank branch.

Fintech 40

Fintech Customer Experience Regulation Survey 40

Banking 2020

NOVEMBER 30, 2015

Banking institutions must engage with emerging financial technology (FinTech) companies or risk being left behind by an industry that is currently undergoing one of the largest transformations ever seen. In the past five years, the number of FinTech companies and non-traditional payment providers looking to enter the sector has boomed.

Fintech 40

Fintech Innovation Industry Meeting 40

American Banker

NOVEMBER 4, 2020

Some customer fraud and a lack of cooperation from partners Huntington Bank and Dwolla prevented Beam Financial from returning funds to savers, says Aaron Du, the fintech's CEO. He says he’s trying to make things right, but Huntington and Dwolla are taking the dispute to court.

Fraud 48

Fraud Fintech Banking 2020 Digital Banking 48

Banking 2020

NOVEMBER 9, 2015

Just this year, Citibank—which has become a strong advocate of using the developer ecosystem to power innovation—launched the Citi Mobile Challenge. This is billed as a “virtual accelerator with a robust curriculum and mentorship program aimed to inspire developers to reimagine mobile banking.”

Industry 40

Industry Compliance Data Software 40

Banking 2020

JANUARY 21, 2016

New technologies and the growing number of mobile devices have prompted banking institutions to rethink their traditional way of doing business. By Dominic Venturo, Chief Innovation Officer, U.S. Transactions are rapidly shifting from branches and handshakes, to apps and fingerprints, maybe someday even an iris scan. Retiring (24%).

Survey 40

Survey Innovation Technology Industry 40

Banking 2020

DECEMBER 3, 2015

It noted that instead of merely imitating business models from the West, Chinese firms are disrupting and redefining the industry, with an emphasis on ecommerce, mobile and peer-to-peer payments. “In western markets like the US and UK, FinTech innovation is focused on singular applications. ”

Innovation 40

Innovation Payments Lending Financial Technology 40

Banking 2020

MARCH 26, 2015

Financial institutions are beginning to realize that when collections are done in house, the consumer’s experience is tied to the bank’s brand. With 81% of consumers expecting to use their laptop for banking activities, and 62% expecting to use a mobile device , consumer preference of communication are changing.

Industry 40

Industry Guidelines social media Technology 40

American Banker

SEPTEMBER 15, 2020

A survey conducted by Harris Poll and commissioned by Plaid found that 60% of U.S. adults are using more apps to manage money since the onset of the pandemic.

Survey 41

Survey Management Banking 2020 Digital Banking 41