The Financial Brand

FEBRUARY 10, 2020

The post FDIC Greenlights Mobile-First Fintech Varo Money for Deposit Insurance appeared first on The Financial Brand. Fintech's patience paying off as it nears final hurdles, setting stage for major new digital banking competitor.

FDIC 15

FDIC Mobile Fintech Digital Banking 15

The Financial Brand

NOVEMBER 24, 2020

Banks and credit unions shouldn't focus solely on creating a better mobile experience, but build a holistic relationship based on trust. The post Satisfaction Drops As People Bank Digitally More Often: How to Avoid That appeared first on The Financial Brand.

How To 41

How To Branding Mobile Customer Experience 41

PYMNTS

APRIL 6, 2017

The white paper outlines six key themes that will impact the future of retail: the evolution of self-service via do-it-yourself retail, the automation nation, brick-and-mortar relying on delivering entertainment and engagement, the streamlining of brands, retail on demand and bridging the gap between home and store.

Retail 104

Retail Innovation Mobile Technology 104

The Financial Brand

AUGUST 30, 2020

Senior executives reveal eye-opening digital growth statistics as the megabank unveils new mobile banking features and branch and ATM plans. The post Why BofA, not Fintechs or Amazon, Should Keep Bankers Awake at Night appeared first on The Financial Brand.

Fintech 35

Fintech ATM Branding Mobile 35

PYMNTS

JULY 18, 2019

In exploration of just who those natives might be, he explained, “These are the kids that actually have been born with a mobile device in their hand. As millennials rise through the ranks and within the ranks, we see the rise of what he termed “digital natives.”. The average age of a first-time phone owner in the U.S. is 10 years old.

Innovation 155

Innovation Study Technology Millennials 155

The Financial Brand

DECEMBER 20, 2020

Four steps could help make online and mobile sales easier for consumers and businesses and not dependent on branches. The post Banking Self-Assessment: Our Digital Sales Efforts Still Aren’t Working appeared first on The Financial Brand.

Branding 24

Branding Mobile Online Branch Strategies 24

The Financial Brand

SEPTEMBER 11, 2018

JPMorgan Chase has embarked on a long-term mobile-first strategy, using multiple platforms to deliver a better digital experience. The post Chase Commits To Long-Term ‘Digital Everything’ Strategy appeared first on The Financial Brand.

Strategy 32

Strategy Branding Mobile Innovation Strategies 32

The Financial Brand

OCTOBER 24, 2021

The post Traditional Customer Acquisition Methods in Banking Are Dead appeared first on The Financial Brand - Banking Trends, Analysis & Insights. New growth will come less from branches and buying other banks and more from acquiring tech, shopping, media or other data-rich companies.

Banking Trends 42

Banking Trends Analysis Trends Branding 42

The Financial Brand

AUGUST 2, 2021

The post How 5G Will Reshape the Future of Digital Banking & Payments appeared first on The Financial Brand - Banking Trends, Analysis & Insights. The pace of digital transformation will rocket as vastly increased network speed and connectivity empowers both banks and their competitors.

Digital Banking 43

Digital Banking Banking Trends Payments Analysis 43

The Financial Brand

JANUARY 6, 2021

The post Sustaining Digital Banking Channels’ Explosive Growth in 2021 appeared first on The Financial Brand. Financial institutions that want to stay in the game need to offer solid basic services before they get fancy.

Digital Banking 43

Digital Banking Branding Innovation Strategies ATM 43

The Financial Brand

AUGUST 24, 2021

The post How PNC Adapted Its Virtual Wallet to Solve Overdraft Complaints appeared first on The Financial Brand - Banking Trends, Analysis & Insights. Giving consumers more control is seen as a big plus, but pressure from neobanks, Ally and Walmart could make PNC vulnerable on pricing.

Banking Trends 39

Banking Trends Analysis Trends Branding 39

The Financial Brand

FEBRUARY 7, 2021

The post How Huntington Bank Has Quietly Become a Digital Powerhouse appeared first on The Financial Brand. But they overlook a midwestern institution that gives away little to the megabanks in retail banking.

Regional 41

Regional Branding Retail Branch Strategies 41

The Financial Brand

JANUARY 13, 2021

The post Why Bitcoin and Retail Banking Make a Good Combination appeared first on The Financial Brand. If you question that premise, read why bitcoin rewards checking is one bank's calculated move to get ahead of the long-term crypto trend.

Bitcoin 42

Bitcoin Retail Trends Branding 42

The Financial Brand

NOVEMBER 9, 2020

The post Challenger Bank Strategies for Banks and Credit Unions appeared first on The Financial Brand. Taking a page from challengers' playbooks can help traditional institutions avoid the 'commodity' product trap and spur customer acquisition.

Strategy 36

Strategy Branding Customer Experience Innovation Strategies 36

The Financial Brand

NOVEMBER 30, 2021

The post Traditional Bank Borrows from Amazon to Build an App to Rival Neobanks appeared first on The Financial Brand - Banking Trends, Analysis & Insights. As part of a sweeping tech upgrade, a community bank brings retailing savvy to retail banking.

Community Bank 30

Community Bank Banking Trends Analysis Community 30

The Financial Brand

JANUARY 11, 2021

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

Retail 34

Retail Branding Customer Experience Innovation Strategies 34

The Financial Brand

MAY 18, 2021

The post Fintech-Bank Hybrids Are the Future of Banking appeared first on The Financial Brand. Neither financial institutions nor fintechs can go it alone as banking rapidly goes digital. Partnering in some form will be required.

Fintech 31

Fintech Branding Innovation Strategies Digital Banking 31

The Financial Brand

JANUARY 12, 2021

appeared first on The Financial Brand. While these disruptors may seem to lead a charmed life, their investors still want an ROI and as neobanks age they have to start producing. The post Will Neobanks Shift from Growth to Profit in 2021?

Branding 30

Branding Innovation Strategies Strategy Digital Banking 30

The Financial Brand

FEBRUARY 15, 2021

The post The Neobank That’s Growing Like Crazy (and Earning Record Profits) appeared first on The Financial Brand. (Hint: It requires a full-service balance sheet, not just a slick app.).

Branding 29

Branding Customer Experience Innovation Strategies Strategy 29

The Financial Brand

AUGUST 3, 2020

The post Varo Disrupts Status Quo as First Fintech with National Banking Charter appeared first on The Financial Brand. Banking experts and Varo's CEO explain the potential impact.

National 29

National Fintech Branding Customer Experience 29

The Financial Brand

JANUARY 6, 2021

The post Sustaining Digital Banking Channels’ Explosive Growth in 2021 appeared first on The Financial Brand. Financial institutions that want to stay in the game need to offer solid basic services before they get fancy.

Digital Banking 24

Digital Banking Branding Innovation Strategies ATM 24

The Financial Brand

JANUARY 22, 2019

The post It’s Time To Build Digital-First Banking Units appeared first on The Financial Brand. Traditional banks and credit unions should consider building digital-only units to meet consumer needs.

Meeting 33

Meeting Branding Innovation Strategies Digital Banking 33

The Financial Brand

JULY 21, 2020

Challenger Banks Turn Up the Heat on Incumbents appeared first on The Financial Brand. SoFi's bid to become a national bank may signal a new phase of fintech expansion. But experts say Square's ILC charter will have more impact. The post U.S.

National 24

National Branding Fintech Innovation Strategies 24

The Financial Brand

FEBRUARY 12, 2020

The post Ally Bank Lab Builds Savings Features into App to Solve Pain Points appeared first on The Financial Brand. Helping savers by setting up automated ways to 'pay yourself first' out of idle checking funds is one key to online bank's new approach.

Branding 25

Branding Online Innovation Strategies Strategy 25

The Financial Brand

JUNE 14, 2018

The post How PayPal Became My Primary Financial Institution appeared first on The Financial Brand. The expansion of financial solutions offered by large tech firms are encroaching on legacy banking products, stealing customers and revenues.

Branding 28

Branding Innovation Strategies Digital Banking Strategy 28

PYMNTS

FEBRUARY 22, 2017

The company rolled out a new tool last June, Verifast: Palm Authentication, which uses biometric identification technology for financial institutions to assure the identity of customers visiting their brand locations. ” That last piece — experience — is paramount to Fiserv’s innovation strategy, he added.

Innovation 129

Innovation Security Innovation Strategies Data 129

William Mills

SEPTEMBER 7, 2016

Demoing – Bills for T-mobile – Brought in balance and due date. Provides mobile banking to banks and credit unions. The system now evaluates the risk and instead of referral screen, shows that a one-password can be sent to a mobile device and then consumer can enter it as opposed to waiting. This happens a LOT.

Mobile 40

Mobile Cards Fraud Data 40

CB Insights

MAY 15, 2019

Key people: Chris Curtin, Chief Brand & Innovation Marketing Officer; Shiv Singh, Senior Vice President of Innovation & Strategic Partnerships. Visa’s Innovation Center aims to increase collaboration among teams working on tech solutions spanning tokenization, payment apps, mobile location confirmation, and more.

Innovation 78

Innovation blockchain Technology Groups 78