Remove Cards Remove Data Remove Financial Technology Remove UX
article thumbnail

Chime, Challenger Banks And The Challenges Of (Lofty) Valuations

PYMNTS

That’s especially true when looking at Chime’s model, which, though underpinned by some significant tailwinds wrought by the pandemic, rests on debit and prepaid cards, and on user interfaces … and, for would-be investors anticipating an IPO, an implied bet that challenger banks will dislodge incumbents. billion, as CNBC reported.

article thumbnail

Chime, Challenger Banks And The Challenges Of (Lofty) Valuations

PYMNTS

That’s especially true when looking at Chime’s model, which, though underpinned by some significant tailwinds wrought by the pandemic, rests on debit and prepaid cards, and on user interfaces … and, for would-be investors anticipating an IPO, an implied bet that challenger banks will dislodge incumbents. billion, as CNBC reported.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

It’s Dreadful Being a Buyer of Bank Technology

Gonzobanker

For regional and community banks there has never been a more frustrating time to be a buyer versus a builder of financial technology. With our industry shifting to digital first delivery and a need to better automate processes and leverage strong data intelligence, most banks have not invested enough nor sufficiently developed the I.T.

article thumbnail

Fintech with The Jetsons at FinovateFall 2016

Fintech Labs Insights

We’ve seen authentication strategies evolve from a simple username and password to biometric technologies that leverage voice, behavioral, and facial recognition, as well as device tokenization and Touch ID to help banks increase security while decrease friction for end consumers. Status quo is no longer an option. Collaboration.

Fintech 12
article thumbnail

Early-Bird Discount Extended for FinDEVr Silicon Valley

Fintech Labs Insights

Using code, examples, and live demos, top software engineers and CTOs, technology architects and evangelists from dozens of firms will share their work and insights via 15-minute TED-style presentations. Business Alliance Financial Service. Financial Samurai. Financial Technology Research Institute. Apex Clearing.

article thumbnail

The 2022 GonzoBanker Awards

Gonzobanker

Financial institutions that relied on mortgage banking fee income as a key earnings component have been left to make big adjustments. As if that wasn’t enough, regulators took a sledgehammer to debit fee income with Reg II changes that will begin reducing card-not-present interchange fees starting in July 2023. Goes to Sen.

Community 216
article thumbnail

Lessons From The Failed Chatbot Revolution — And 5 Industries Where The Tech Is Making A Comeback

CB Insights

Data: Chatbots are best at dealing with structured but limited corpora of information. Autonomous therapy bot Woebot, for instance, can pick up data about users’ specific needs, and over time use that information to offer a more personalized service. Crafting a simple UX for a personal finance app is a tall order.