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The Big Banks’ Coming Venmo Killer

PYMNTS

Can the biggest banks in the United States catch up to the millennial-beloved Venmo with their own P2P payments app? But while well-known within payments and commerce, clearXchange was never marketed as a corporate brand, and only became part of Early Warning earlier this year as part of a change in its ownership structure.

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Understanding Artificial Intelligence as a Financial Brand

Social Assurance

For most financial brands, Artificial Intelligence, Machine Learning, and Cognitive Banking are still concepts and buzz words that we hear at a conference or read in an industry-related article (not like this one you’re currently reading) that leaves you more intimidated than empowered. How can financial brands use AI? Net Income.

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The Great Credit Card Program Outsourcing Debate

PYMNTS

The credit cycle will turn, and you’ll have a generation of credit risk managers who’ve not been through a recession yet. Branding matters, too, especially when outsourcing. That applies to younger consumers, including millennials , Geeslin noted. Do FIs want to navigate card programs through that?”.

Cards 140
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Affirm Challenges Retailers, FI’s To Practice ’Honest Finance‘

PYMNTS

If one looks at the NPS scores — the ranking of how likely consumers are to recommend a product or services on a scale of -100 to 100 — popular consumer brands like Starbucks and Amazon have rankings in the 70s and 80s. Financial brands, on the other hand, have scores calculated in negative numbers.

Retail 111
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Chapter 11 Watch: Hockey Chain Put On Ice, California Livin’ Goes Bust In Hong Kong

PYMNTS

Brick-and-mortar retail will forever remember the day that Nintendo released Pokémon GO , a mobile game that has caused millions of millennials to suddenly discover outside again. Not every brand that closes its doors did so last week in infamy, though. . Store Closures. ” Layoffs. And just in case merchants in the U.K.

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The 2019 GonzoBanker Awards

Gonzobanker

If you think of teams that take early system adoption risk, manage it well and get an edge on the competition as a result, you probably don’t think first of a $1 billion credit union in Kalamazoo. The workplace a millennial will most confuse with Silicon Valley – Live Oak Bank in North Carolina. Might be time to.

Idaho 148
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The 2015 GonzoBanker Awards

Gonzobanker

Department Whose Brand Isn’t Improving Award. Bank project management offices. Diebold seizes the merger moment with fledgling Wincor Nixdorf to change its already well-known brand. Financial Brand Forum. Millennials. It will be interesting to see what comes next. Colonel Klink Award. Diebold Nixdorf.