ABA Community Banking

JULY 15, 2020

When COVID-19 accelerated customer movement into mobile and online banking solutions, and triggered consumers to push their funds into bank accounts, banks that had made investments in the digital customer experience were positioned to capitalize.

Digital Banking 122

Digital Banking Customer Experience Capital Mobile 122

PYMNTS

JUNE 14, 2019

Most consumers probably don’t have strong opinions about their banks, since the relationship tends to be more transactional than emotional. However, in the 2019 Retail Banking Report, a study by Reputation.com that analyzed online data relating to retail banking locations for 23 major U.S.

Retail 103

Retail Study Online Mobile 103

PYMNTS

NOVEMBER 23, 2018

In banking and payments architecture, especially in the digital realm, a corollary might be “form and function co-exist, and should be flexible enough to change rather quickly.”. Kennedy stated that 86 400 will exist, effectively, as a white-label offering to Cuscal clients, allowing for the emergence of Open Banking.

Digital Banking 134

Digital Banking Mobile Data Marketing 134

PYMNTS

MAY 28, 2019

But let’s not forget the role of the teenager in digital retail, financial services and transactions. According to a report on Tuesday (May 28), a France-based “digital banking startup aimed at teenagers” called Pixpay has raised nearly $3.5. million in fresh capital. million in fresh capital.

Digital Banking 139

Digital Banking Google Mobile Groups 139

Bank Innovation

APRIL 26, 2019

Capital One Financial plans to complete the exit from its data centers and to go fully into the public cloud by the end of 2020, Chairman and CEO Richard Fairbank said during the bank’s first-quarter earnings call on Thursday. based bank is expecting its full-year operating efficiency ratio to improve to 42% in […].

Capital 170

Capital Operations Data Digital Banking 170

PYMNTS

JANUARY 10, 2018

Alkami Technology , a startup providing banks and credit unions with digital banking technologies, has announced new funding. Alkami offers financial institutions (FIs) a digital banking platform based in the cloud. The firm said Tuesday (Jan. Separate reports in TechCrunch said the firm secured $70 million.

Digital Banking 108

Digital Banking Security Digital Strategies Innovation 108

Bank Innovation

JANUARY 28, 2020

As digital banks strive to lock in customers, a Texas-based newcomer to the industry is betting on travel miles as an incentive. Bask Bank, a fee-free digital savings bank created and funded by Texas Capital Bank, launched earlier this week with “thousands of customers.”

Texas 221

Texas Digital Banking Capital Industry 221

PYMNTS

SEPTEMBER 11, 2019

As reported, the company launched payment infrastructure that facilitates account to account payments across industries and enterprises stretching from banks to retailers. That license will let the challenger bank launch banking operations, regulated by both the PRA and the Financial Conduct Authority.

Digital Banking 177

Digital Banking Regulation Payments cryptocurrency 177

PYMNTS

JUNE 13, 2018

Holdaway, who has an MBA from Harvard Business School, joins Barclays after 15 years at Capital One , where he held a variety of senior leadership roles in new business initiatives, internet acquisitions and partnership finance. customers with innovative card, digital banking and payments solutions.

Capital 100

Capital Cards Delaware Payments 100

Gonzobanker

AUGUST 14, 2019

When most financial executives read the headline “Capital One Data Breach,” they had two thoughts: How is this going to impact the financial sector? In this case, information about Capital One ’s customers. Aren’t both AWS and Capital One both responsible? What does the Capital One breach mean?

Capital 94

Capital Data Security Guidelines 94

PYMNTS

JANUARY 24, 2021

NCR, meanwhile, makes ATMs and also does point-of-sale systems for retailers and restaurants, among other types of businesses. He said the Cardtronics platform could help connect customers in retail or bank businesses and capitalize on the trend of banks outsourcing.

ATM 293

ATM Retail Operations Software 293

Bank Innovation

FEBRUARY 5, 2020

As consumers increasingly expect to complete bank interactions online, a survey commissioned by Lightico indicates that creating end-to-end digital journeys continues to be a struggle for many banks.

Survey 221

Survey Digital Banking Online Company 221

PYMNTS

JUNE 24, 2020

Now, in addition to car and personal loans on behalf of retail and institutional investors, Zopa will introduce savings accounts this week, to be followed by the addition of credit cards later this year. million) to become a challenger bank. million) to become a challenger bank. based fund, and its U.K.

Security 215

Security Capital Cards Report 215

PYMNTS

MARCH 31, 2020

Tokyo, Japan’s digital banking startup Kyash has closed a $45 million Series C funding deal co-led by Greenspring Associates and Goodwater Capital, Kyash said in a statement on Sunday (March 30). Goodwater Capital also invested in Kyash’s Series B Round. growth equity investment firm Greyhound Capital; U.S.

Fintech 201

Fintech Capital Groups ATM 201

PYMNTS

FEBRUARY 14, 2020

We have deep dives into unattended retail, rapid settlements and cybersecurity, as well as news on Mastercard receiving the go-ahead from China’s central bank to set up a bank clearing business. The consumer bank will be divided into one section focused on consumer lending, and the other on branches and small businesses.

Retail 141

Retail Cards Millennials Fraud 141

American Banker

NOVEMBER 10, 2020

Dean, who joined Capital One in 2014, succeeds Kleber Santos, who left the bank earlier this month to lead diversity initiatives at Wells Fargo.

Capital 41

Capital Retail Digital Banking Cards 41

PYMNTS

OCTOBER 21, 2020

Plus, Brazil’s government is reportedly intending to roll out an initial public offering (IPO) for a digital division of Caixa Econômica Federal. Lumin, Interra Credit Union Team on CU's Digital Banking Solution. Interra inked a multi-year deal with Lumin Digital and expects to be on the platform by May of next year.

Groups 148

Groups Digital Banking Capital Report 148

Banking Exchange

JUNE 23, 2021

Traditional US financial institutions such as Capital One and TD are still favored over PayPal, Visa and Amazon to deliver digital banking solutions Retail Banking Financial Trends Duties Feature Lines of Business Technology Feature3 Fintech PPP Covid19.

Fintech 78

Fintech Trends Digital Banking Capital 78

PYMNTS

JANUARY 19, 2021

Portugal’s largest bank, Caixa Geral de Depósitos (CGD), is working with Backbase to implement the FinTech’s engagement solution, according to an announcement. The FI aims to wield Backbase tools to create digital banking channels across its operations, with its focus first landing on SMBs. ní banka Taps Temenos.

Fintech 341

Fintech National Groups Tools 341

PYMNTS

DECEMBER 1, 2019

The news comes days before its conditional banking license is set to expire on Tuesday (Dec. A source told the Financial Times that Zopa will receive the funds from an entity linked to IAG Capital Partners, a U.S.-based It was given a year to raise regulatory capital, and prove it was financially strong enough to become a bank.

Digital Banking 142

Digital Banking Capital Regulation Lending 142

PYMNTS

APRIL 27, 2016

Goldman Sachs has officially entered the world of online retail banking. On Tuesday (April 26), various media outlets reported that the investment bank is expanding its customer base with the launch of its own FDIC-insured, Internet-based savings bank called GS Bank. savings bank annual yield of.06

Retail 100

Retail Online FDIC Software 100

FICO

FEBRUARY 12, 2023

Home Blog FICO Top 5 Customer Development Posts of 2022: Digital Banking and Pricing Opti The most popular posts in our Customer Development category dealt with digital banking, optimizing credit line increases, loan pricing and machine learning for credit risk models. Read the full customer development post 4.

Digital Banking 52

Digital Banking eBook Analytics Customer Experience 52

PYMNTS

JANUARY 14, 2021

Other investors in the round include K3 Ventures , GGV Capital , Arbor Ventures and Flourish Ventures , the release stated. Consumers seemed to respond positively to products like its retail wealth management tool AutoInvest, along with more growth for its insurance distribution, the release stated.

Groups 204

Groups Regional Fintech Management 204

Gonzobanker

JULY 7, 2015

Yet while the demos and screen shots at events like Finovate have provided fascinating fodder regarding the future of digital banking, the FACTS show that these buzz-worthy players have had infinitesimal impact on market share. Ally Bank $23,212,768 $60,709,382 $37,496,614. Capital One* 29,565,607 54,374,989 24,809,382.

Digital Banking 60

Digital Banking Industry Capital Strategy 60

The Financial Brand

MAY 10, 2021

The big retail bank's experience proves a digital + physical strategy not only works, but could be the key to capturing Gen Z. The post Chatbots and Cafés: How Capital One Balances Digital, Physical Banking appeared first on The Financial Brand.

Capital 33

Capital Strategy Branding Retail 33

PYMNTS

JANUARY 18, 2021

Last week, Grab announced that its Grab Financial Group had raised $300 million in a Series A funding round led by Hanwha Asset Management and joined by K3 Ventures , GGV Capital , Arbor Ventures and Flourish Ventures. Last month, Grab and Singtel announced they had received a license to set up a digital bank in Singapore.

Fintech 198

Fintech US Groups Management 198

PYMNTS

FEBRUARY 2, 2020

CIT’s Southern California branch network, OneWest Bank , unveiled a new mobile app to help small businesses meet their financial goals. Our new app is an accessible and convenient solution for local entrepreneurs looking to manage their money digitally, from anywhere at any time.”.

Mobile 131

Mobile Survey California Retail 131

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. savings accounts. Key takeaways.

Retail 78

Retail Cards Millennials Mobile 78

Celent Banking

OCTOBER 14, 2014

I was very intrigued and excited when I heard about Capital One’s acquisition of Adaptive Path. When was the last time you heard of a bank acquiring a design firm? This fresh thinking is exactly what is needed in the banking space. Creating a horizontal function can be beneficial to all parts of the bank.

UX 167

UX Digital Banking User Experience Capital 167

PYMNTS

JULY 12, 2019

Though not the busiest week in B2B venture capital funding, investors presented a clear preference for corporate expense management and B2B eCommerce, with additional funding going toward logistics and small business banking firms for a total of $203.5 while European investors at Dawn Capital and Accel also participated.

Tools 160

Tools Capital Management Technology 160

FICO

DECEMBER 5, 2022

Top 5 Surprises from FICO’s Fraud and Digital Banking Survey. Financial Institutions, such as banks, have expended great effort to improve digital security, yet bad actors are multiplying and attacks have increased in scope and frequency. FICO Admin. Tue, 07/02/2019 - 02:45. by Sarah Rutherford. expand_less Back To Top.

Survey 52

Survey Fraud Digital Banking social media 52

PYMNTS

JANUARY 11, 2021

To that end, and as reported, NCR is looking to buy Cardtronics , in a deal that takes place amid recent news that Apollo Global and Hudson Executive Capital, private equity firms, were also gunning for Cardtronics. Even cryptos – and post-pandemic, a quickening embrace of the ATM. NCR made its bid official on Monday morning (Jan.

ATM 142

ATM Strategy Capital Bitcoin 142

PYMNTS

FEBRUARY 13, 2019

Starling Bank, the U.K. digital banking platform, announced on Wednesday (Feb. Starling said proceeds from the round will go to support increased investment in the digital bank’s financial products in retail and SME banking, as well as banking services. million) in venture funding.

Digital Banking 122

Digital Banking Retail Marketing Innovation 122

PYMNTS

JANUARY 15, 2021

Its micro-financing portal targets SMBs that cannot access capital via traditional means. The $10 million recently raised for Indonesia-based BukuKas will help the small business Software-as-a-Service company expand its product offering with an ultimate goal of launching a small business digital bank. Modern Treasury.

Capital 167

Capital Fintech Operations Technology 167

Bank Innovation

DECEMBER 4, 2019

Koho, a Toronto-based digital banking startup, is on track to expand its product suite to include credit and savings products in 2020, CEO Daniel Eberhard told Bank Innovation on Wednesday. In late November, the […].

Tools 332

Tools Digital Banking Innovation Cards 332

PYMNTS

JANUARY 19, 2021

There’s a reason that bank apps and websites ask, “was this information helpful?”. That simply won’t fly in the digital-first decade. Findings from PYMNTS Retail Banking Services’ Paradigm Shift speak volumes about the shifts happening in customer preference, and how FIs can capitalize on new information formats.

Study 196

Study social media Millennials Retail 196

CB Insights

JUNE 21, 2021

Growth of challenger banks. New niche & community-focused banks. Retail bank digitization. Banking-as-a-service . Digital wallets. Wealth Management & Capital Markets . Social and retail investing . Digital asset custody. Real-time payments. Cross-border payments.

Trends 74

Trends Fintech Lending Analysis 74