PYMNTS

JULY 8, 2019

InstaReM is currently preparing to apply for one of five (two retail, three wholesale) digital banking licenses that the city-state of Singapore announced it would be issuing earlier this month. The appeal of the banking license is it ensures the fact that they can provide the full spectrum of services,” he said. “But

Digital Banking 176

Digital Banking Innovation Cards Lending 176

Bank Innovation

JULY 27, 2018

You might not expect the nation’s leading mobile bank, with north of 31 million users, to be in a hurry to build a digital bank under a new brand, but that’s just what JPMorgan Chase did last October with Finn.

Fintech 170

Fintech National Innovation Digital Banking 170

PYMNTS

JANUARY 15, 2020

European wealth management FinTech Raisin is planning to roll out in the U.S. Raisin will license Choice FS’ software to banks in the U.S., Banks will be able to offer the new solutions directly to their own customers or use Raisin’s platform to reach all potential retail consumers. platform,” said Raisin U.S.

Fintech 131

Fintech US Software Retail 131

PYMNTS

OCTOBER 7, 2019

Miami-based NYMBUS announced the licensing of NCR’s D3 Digital Banking platform (D3) to give financial institutions the opportunity to quickly offer customers new brands, the FinTech announced in a press release on Monday (Oct.

Miami 109

Miami Digital Banking Branding Meeting 109

PYMNTS

APRIL 30, 2018

It’s a thought that was triggered recently after reading and reflecting on recent developments across three innovations heralded as FinTech’s poster children — disruptors out to change the world and eat the proverbial lunches of incumbents they say are too big and too unmotivated to change. Digital banks. Digital Banks.

Fintech 183

Fintech blockchain Lending Digital Banking 183

Gonzobanker

MARCH 28, 2024

In fact, according to Cornerstone’s What’s Going On In Banking 2024 report, 14% of banks and 20% of credit unions stated that they are less than 25% complete with their digital transformation. Banks and credit unions are maturing their internal digital support capabilities. Choosing a new partner is no small feat.

Digital Banking 134

Digital Banking Customer Experience Strategy Exercises 134

NCR

MARCH 12, 2018

Some of the most significant recent trends in financial services – such as the ongoing growth of the mobile channel and the expansion of the fintech market – have demonstrated that the evolution of the industry is being driven by technology.

Analytics 75

Analytics Digital Banking Analysis Branding 75

PYMNTS

MAY 4, 2016

In the latest installment of our Commander-in-Chief series, Glen Fossella, EVP of Enterprise Growth at Urban FT , explains why spurring growth starts with showing the value in transforming digital banking into a service customers can’t live without. I recommend going in there and checking out how other brands approach the format.

Digital Banking 100

Digital Banking Mobile Branding Payments 100

PYMNTS

OCTOBER 5, 2020

The new software also enables financial institutions (FIs) to transform the ATM into a digital banking platform and an “access point for a range of digital and extended banking services, run in-house or by FinTechs and other third parties,” NCR noted.

ATM 158

ATM Atlanta Software User Experience 158

Gonzobanker

JUNE 11, 2018

Attendance at American Banker’s Digital Banking conference has grown significantly since I was here in 2016, reflecting the obvious interest levels in digital, yet the vibe remained largely the same as two years ago…. See you can align your business and digital strategy. And yes, you can humanize digital banking.

Conference 70

Conference Digital Banking Austin Digital Strategies 70

Banking 4 Tomorrow

JUNE 18, 2015

If you listen to the Breaking Banks AM Radio Show today (also available via stream and podcast) you’ll hear a spirited rematch of the Great Digital Banking Debate that Michal Panowicz and I had on Twitter a few weeks ago.

Digital Banking 40

Digital Banking Fintech Branding Strategy 40

The Financial Brand

JULY 5, 2021

Online platform brings upscale retail investment funding to smaller markets, providing housing and related construction credit opportunities. The post Consumers Funding Construction Loans in Innovative Fintech Model appeared first on The Financial Brand - Banking Trends, Analysis & Insights.

Innovation 36

Innovation Fintech Banking Trends Analysis 36

South State Correspondent

OCTOBER 28, 2022

Gartner focused on technology infrastructure, while Money 20/20 was around fintech and payments. Almost every bank and brand we spoke with will increase their investment in these two areas for 2023. This was followed by a focus on banking-as-a-service, embedded finance, open banking, Web 3.0, Big Idea – Trends.

Conference 195

Conference Technology Las Vegas Trends 195

The Financial Brand

MARCH 1, 2020

Core system replacement is not required for banks and credit unions to compete at 'fintech speed,' but modern tech approaches must be used. The post New Tech Platforms Hold the Key to Retail Banking’s Future appeared first on The Financial Brand.

Retail 43

Retail Branding Fintech System 43

Chris Skinner

JULY 23, 2017

This week’s main blog headlines are … Why FinTech start-ups think they can beat the banks There’s an old joke about the guy who’s lost driving in the countryside who stops to ask a pedestrian how to get to the city. You will all know by now that I love the innovations in retail banking in Turkey, and Gürhan didn’t disappoint.

Boston 171

Boston Bitcoin Innovation Conference 171

Cisco

MAY 29, 2019

In retail banking, it’s clear customer experience matters, and the stakes have never been higher. But, when it really comes down to it, how can banks, saddled with regulations and security challenges, compete with the experiences offered by customer-obsessed tech powerhouses and agile fintechs? According to the J.D.

Customer Experience 71

Customer Experience Retail San Diego Study 71

Gonzobanker

JUNE 16, 2022

If you thought, however, that after 28 years, banks had perfected the art of personalization, you’d be wrong. According to Jim Marous, CEO of The Digital Banking Report : “Consumers expect financial institutions to understand their needs and deliver personalized solutions similar to what they receive from fintech and Big Tech firms.

Fintech 146

Fintech Apple Cards Data 146

Gonzobanker

DECEMBER 19, 2022

In 2021, there were more than 120 fintech IPOs in the U.S., 2022 was the year the fintech industry and venture capital firms figured out that banking is harder than everybody thought. Acquisition of the Year: Bank Acquiring a Fintech. Acquisition of the Year: Fintech Acquiring a Bank.

Community 216

Community Fintech Industry Innovation 216

The Financial Brand

MAY 27, 2020

Four post-pandemic scenarios could impact banks, credit unions and fintechs in sharply different ways. The post How the Retail Banking Industry Could Look 3 Years After COVID appeared first on The Financial Brand. A new analysis provides a roadmap.

Industry 34

Industry Retail Analysis Branding 34

The Financial Brand

OCTOBER 31, 2021

A neobank CEO personally buys a tiny bank as the next step in building a financial super app targeting poorly-served megabank customers. The post Banking + Investing on One Slick Mobile App: Retail Banking’s Future? appeared first on The Financial Brand - Banking Trends, Analysis & Insights.

Retail 42

Retail Mobile Banking Trends Analysis 42

Chris Skinner

JUNE 11, 2017

This week’s main blog headlines are … Digital banks are Copernicus banks (incumbents are with the Flat Earth society) Twenty years ago, I was working on re-engineering projects. The book claims that all companies are comprised of three major components: a manufacturer, a processor and a retailer.

Google 178

Google Meeting Innovation Maine 178

Fintech Labs Insights

APRIL 12, 2024

Long before fintech was a thing (1995), I launched the first, and by most measures the biggest, newsletter during the first two decades of online/digital banking. It was called Online Banking Report and was read by a sizable portion of major industry players.

Innovation 15

Innovation Fintech Online Mobile 15

CB Insights

OCTOBER 10, 2018

See which startups are helping JPMorgan, Bank of America, and Citi build the digital banking platforms of the future. Why now for digital banking startups. Digital banking adoption among consumers and small businesses (SMBs) is at an inflection point. Incumbents Play Catch-Up. savings accounts.

Retail 78

Retail Cards Millennials Mobile 78

The Financial Brand

JANUARY 11, 2021

What bankers must know about this tech-powered 'alt bank.'. The post Is Challenger Bank Chime the Future of Retail Banking? appeared first on The Financial Brand. The Chime juggernaut received a rocket boost from COVID's impact on consumers.

Retail 40

Retail Branding Customer Experience Innovation Strategies 40

PYMNTS

JUNE 15, 2020

In today’s top news, ByteDance joins the race for one of Singapore’s five digital banking licenses, and American Express has received initial approval to process transactions in China. TikTok’s ByteDance Bids For Singapore Banking License. It’s why, Karen Webster says, that the shift to a pandemic-fueled shift to digital 3.0

Guidelines 131

Guidelines Payments Digital Banking Company 131

Cisco

MAY 29, 2019

In retail banking, it’s clear customer experience matters, and the stakes have never been higher. But, when it really comes down to it, how can banks, saddled with regulations and security challenges, compete with the experiences offered by customer-obsessed tech powerhouses and agile fintechs? According to the J.D.

Customer Experience 48

Customer Experience Retail San Diego Study 48

PYMNTS

NOVEMBER 20, 2020

million for all Swiss watch brands combined. Wearables have also expanded their features to include digital payments. 11 , digital banking and payment processing firm i2c announced it was partnering with Purewrist , a FinTech working in end-to-end contactless payment solutions and wearables, according to a press release.

Samsung 150

Samsung Apple Google Analytics 150

The Financial Brand

JANUARY 20, 2022

The post H&R Block’s Retail Bank App Has a Slight Edge: 21 Million Tax Customers appeared first on The Financial Brand - Banking Trends, Analysis & Insights. Tax firm targets its millions of tax clients for a year-round financial relationship intended to improve financial health.

Taxes 36

Taxes Retail Banking Trends Analysis 36

PYMNTS

FEBRUARY 4, 2019

To serve customers who want to shop in stores and online, retailers and solution providers are working to offer a unified retail experience across multiple channels. In some cases, brands like Loblaw and Nike are letting shoppers use their mobile phones to pay for their purchases at their physical stores.

Innovation 126

Innovation Retail Mobile Massachusetts 126

PYMNTS

JUNE 10, 2020

government , banks and Big Tech have all jumped into the ring to make financing more available, with the latest pair-up involving Amazon and Goldman Sachs. The two companies are teaming up to offer Amazon sellers up to $1 million in credit lines via Goldman’s Marcus brand. In some sense, the two products are now directly competing.

Lending 150

Lending Apple Online Retail 150

PYMNTS

NOVEMBER 5, 2019

Singapore FinTech startup Nium — formerly branded InstaReM — is dropping its pursuit to compete for a digital wholesale banking license in the city-state, Bloomberg reported on Tuesday (Nov. The company is instead going to concentrate on its cross border business-to-business payments solution.

Fintech 101

Fintech Regional Payments Regulation 101

Celent Banking

FEBRUARY 1, 2017

The standards of customer engagement are constantly changing, and banks are experimenting with new ways to drive increased satisfaction, higher revenue, and greater loyalty. Digital banking subsidiaries : Many banks are finding that existing systems are too rigid to accommodate a truly digital experience.

Customer Experience 100

Customer Experience Branding Boston Innovation 100

The Financial Brand

OCTOBER 30, 2018

Innovation in Retail Banking report shows growing commitment to innovation, but insufficient investment in advanced data analytics. The post Fintech, Big Tech Rivals Drive Growing Dedication To Innovation appeared first on The Financial Brand.

Innovation 31

Innovation Fintech Analytics Branding 31

The Financial Brand

JUNE 29, 2021

Anticipation about the mega-retailer's banking ambitions stokes fears, but the evolving role of hybrid fintech/neobank Green Dot is key. The post Walmart & Green Dot Turning Pre-Paid Cards into Checking Accounts appeared first on The Financial Brand - Banking Trends, Analysis & Insights.

Cards 42

Cards Banking Trends Analysis Trends 42

PYMNTS

SEPTEMBER 9, 2019

JD.com and the biggest retailer in Thailand, Central Group, have launched a financial services app called Dolfin to help connect with local banks and increase the companies’ online presence, according to a report by Reuters. The app has e-wallet capabilities, digital lending services and wealth and insurance management.

Groups 125

Groups Google Lending Online 125

PYMNTS

NOVEMBER 1, 2018

FinTech innovation is often a layered process, taking existing infrastructures and processes, and developing new tools to improve upon them. It creates a bit of a contradiction for the marijuana market: While companies can embrace innovation from the beginning, many are forced to rely on cash, shut out completely from digital banking tools.

Taxes 122

Taxes California Regulation Innovation 122

William Mills

MARCH 30, 2017

This year’s Retail Banking conference took place at the Trump National Doral in Miami March 22-24. The first day was dedicated to credit unions with sessions about Best Practices for Credit Unions, Omni-Channel Banking – Is the Branch Dead or Is it the Future and How to Best use Branding.

Retail 40

Retail Conference Miami Strategy 40