PYMNTS

MARCH 6, 2020

The system analyzes account holders’ bank and credit card accounts and provides a spending analysis, along with recommendations for how much they should save into which account, how to cut costs and what to do when they overspend. The digital banking field is fraught with competition. It offers a savings account with a 1.6

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Millennials Digital Banking San Francisco Capital 251

PYMNTS

APRIL 23, 2020

More banks are therefore moving away from legacy core systems to embrace cloud-native architectures to power automation and meet the speed expected by consumers, securely. The bank is working with technology giants Google and Microsoft to create new cloud-based tools that will use their cloud computing software.

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Digital Banking Security Innovation Google 262

PYMNTS

DECEMBER 3, 2020

We like the action, of which there is no shortage in the digital banking space. Legacy names and newcomers alike are ranging freely across the forming digital banking landscape, with digital anywhere access portals in their pockets — the smartphone. From the top it’s challenger bank Chime at No. The Top 10.

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Digital Banking Millennials Mobile Tools 159

PYMNTS

MAY 29, 2018

Citigroup said on Tuesday (May 29) that it won’t use high deposit rates to lure new customers to its digital bank – instead, it will go after its credit card customers. He said that by offering more American Airline mileage credits, Citigroup will be able to attract customers with stable deposits.

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Digital Banking Cards Marketing Conference 108

BankInovation

OCTOBER 16, 2023

London-based Zopa Bank has $95 million in Tier 2 capital to fund its growth, according to the company. The digital bank provides technology for its customers to gain access to better credit products, to transfer card balances in a way that helps pay down credit and improve their financial well-being.

Digital Banking 69

Digital Banking Capital Cards Technology 69

PYMNTS

JUNE 16, 2020

Branch , the digital bank startup, is branching out. The Minneapolis-based company has partnered with Mastercard to offer consumers access to their funds through their Branch Mastercard debit cards by adding it to mobile wallets, including Apple Pay, from the Branch mobile app. .

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Digital Banking Mobile Los Angeles San Francisco 199

PYMNTS

SEPTEMBER 28, 2020

And in finance, credit unions are stepping up to support individuals and companies with digital banking products and greater leniency on extending loans. 66.7%: Share of CUs with more than $5B in assets that planned to roll out virtual cards prior to the pandemic. All this, Today in Data.

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Digital Banking Innovation Cards Data 133

PYMNTS

SEPTEMBER 23, 2020

That left FIs scrambling to “rapidly figure out how to get that same emotional and engagement outcome when the possibility of face-to-face is virtually nonexistent,” Randy Piatt , head of product solutions at card technology firm Ondot Systems , told PYMNTS in a recent conversation. Simple: Start with the cards.

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Cards Meeting Mobile Digital Strategies 283

PYMNTS

OCTOBER 6, 2020

Dimon’s comments come at a time of aggressive growth and gains by numerous digitally native startups that have modernized and streamlined online banking and payments for the masses. Of course, the pandemic has forced banks – like all businesses – to rethink their priorities and make adjustments to how they interface with customers.

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Digital Banking ATM Mobile Atlanta 256

PYMNTS

NOVEMBER 17, 2020

Lumin Digital announced today (Nov. 17) that it will provide Los Angeles Federal Credit Union (LAFCU) with its cloud-based online and mobile digital banking platform, according to a press release emailed to PYMNTS.

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Los Angeles Digital Banking Analytics Mobile 192

PYMNTS

NOVEMBER 24, 2020

Digital banking platform HMBradley announced on Tuesday (Nov. The funding, which was led by Acrew Capital , will also be used to expand its customer offerings, the bank said in a press release emailed to PYMNTS. The card adapts rewards based on the users’ changing spending habits. “We 24) that it has raised $18.25

Digital Banking 141

Digital Banking Cards Capital Branding 141

PYMNTS

MARCH 10, 2020

Credit and loan company Credit Sesame has announced a new, free digital bank account called Sesame Cash as part of a new digital banking service, with the goal of helping customers grow cash and credit in one place, according to a release. .

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Digital Banking Survey Cards Management 131

PYMNTS

MARCH 17, 2020

One , a new digital banking service in the U.S., The digital banking service is the brainchild of Bill Harris, former CEO of Intuit, founding CEO of PayPal and founder and previous CEO of Personal Capital; as well as Brian Hamilton, who co-founded PushPoint and was founding CEO of Azlo.

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Digital Banking Capital Innovation System 130

PYMNTS

DECEMBER 5, 2019

Grab is introducing Asia’s first numberless card in batches, with Singapore launching on Thursday (Dec. The digital GrabPay Card is powered by Mastercard and offers users seamless payments integration and an expanded rewards system with a limited promotion giving up to 10x GrabReward points for every dollar spent.

Cards 159

Cards Digital Banking Retail Payments 159

PYMNTS

FEBRUARY 7, 2020

The European Union has issued new rules for contactless payments, which has caused confusion and forced one digital bank to issue new cards, according to a report in the Telegraph. If a customer goes over that limit on several card payments, then they’ll have to enter a pin.

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Cards Regulation Digital Banking Maine 204

PYMNTS

AUGUST 21, 2020

The trend toward digitization in consumers’ lives isn’t new, but COVID-19 has accelerated it dramatically over the past several months. Deposits had already been trending away from community banks and credit unions anyway, but COVID-19 has accelerated that shift. Lesher said a few key features comprise a modern, digital-first offering.

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Cards Mobile Community Bank Community 224

PYMNTS

JUNE 29, 2020

s Financial Conduct Authority (FCA) mandated that Wirecard ’s British Wirecard Card Solutions unit stop conducting regulated work, a number of consumers in the U.K. digital banking apps such as Anna, Curve, U Account and Pockit since they depend upon the technology of Wirecard to handle payment processing, per the CNBC report.

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Digital Banking Cards Regulation Payments 150

PYMNTS

OCTOBER 15, 2018

consumers a low-cost, digital-only bank that will directly compete with Goldman Sachs ‘s Marcus brand. Barry Rodrigues, CEO of cards and payments at Barclaycard International, told Financial Times that the new offering would “leverage Barclays’ U.K. Barclays is ready to offer U.S.

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Digital Banking Cards Online Branding 187

PYMNTS

NOVEMBER 18, 2020

Daylight , the first digital bank for the LGBT+ community, just went live in a Nov. Daylight is just the latest member of Visa’s Fast Track program, an initiative that provides FinTechs looking to get off the ground with a bank sponsor and external payments processor.

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Digital Banking Community United States Fintech 172

PYMNTS

DECEMBER 27, 2019

The PYMNTS December 2019 Credit Union Tracker looks at the changing topography of the CU space, as digital transformation challenges the “all for one, one for all” mentality that has undergirded their business model since the 1800s. Strong balance sheets in key areas like credit card debt ($64.4 A Small Change It’s Not.

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Digital Banking Millennials Banking Trends Mobile 130

PYMNTS

MARCH 2, 2020

To provide its digital banking experience to more financial institutions, Clinc is teaming with Visa in a partnership that brings artificial intelligence (AI) technology to payments and banking customers. This kind of capability and cutting-edge AI wouldn’t otherwise be accessible without Visa.”.

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Digital Banking Michigan Cards Technology 149

PYMNTS

NOVEMBER 24, 2020

As more banking has shifted online, an increasing amount of that online activity is occurring across mobile conduits. Generationally, we’re seeing individuals who maybe weren’t accessing their card accounts or their banking accounts on a regular basis through digital,” he said. Getting Customers Used To More Self-Service.

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Digital Banking Analytics Mobile Cards 267

PYMNTS

DECEMBER 30, 2019

Singtel and Grab are looking to consolidate their powers to create a new digital bank for the people of Singapore, they announced in a press release. Recently, it announced a new ‘GrabPay’ card, a numberless card that can be used to pay for services at nearly 53 million merchants worldwide.

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Digital Banking Groups Online Regional 134

Chris Skinner

MARCH 3, 2020

I just found that Deutsche Bank Research issued three in-depth reports in January looking at the future of payments: Part I: Cash: The Dinosaur Will Survive… For Now Cash will survive. But digital currencies’ potential could re-balance global economic power.

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Cards Payments Report Digital Banking 504

PYMNTS

FEBRUARY 18, 2020

Digital banking and payments firm i2c is partnering with FinTech healthcare credit card SmartHealth PayCard , i2c announced on Tuesday (Feb. SmartHealth PayCard is enabled with the agile processing of i2c and is offering the first healthcare-only credit card.

Cards 175

Cards Digital Banking Fintech Mobile 175

PYMNTS

JULY 31, 2020

We have deep dives into cloud technology for financial institutions (FIs), debit cards and a potential credit card default crisis. Synchrony CEO Warns Of US Credit Card Default Crisis. Richard Davies is leaving his position as chief executive of Revolut , the digital banking company, one year after coming aboard.

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Cards Technology Apple Digital Banking 142

Bank Innovation

FEBRUARY 25, 2019

Security firm Gemalto will offer biometric EMV payment cards to its bank customers using biometric company Fingerprint Cards’ T-Shape sensor and licensing its recently-launched Biometric Software Platform for payments. Gemalto’s roughly 300 digital banking […].

Cards 170

Cards Payments Software Digital Banking 170

PYMNTS

JANUARY 13, 2021

Paytm offers a wide array of digital products throughout India, including a merchant payment platform, money transfers, and bill payments. It also provides lending services such as merchant cash loans, personal loans, and credit cards.

Digital Banking 156

Digital Banking Conference Lending Payments 156

PYMNTS

DECEMBER 10, 2019

N26 partners with Axos Bank to offer a Visa debit card and FDIC-insured checking account. Since the initial product launch in 2015, N26 has reached more than 3.5 million customers in 25 markets in Europe. N26 started rolling out in the U.S.

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Digital Banking Cards US FDIC 131

PYMNTS

OCTOBER 1, 2020

The great digital shift is transforming credit cards into money management tools. Consumers want cards, and they want them quickly, and they want those cards [delivered] in a digital way," said Turner. Those processors will in turn work with issuing banks to offer near-instant issuance of cards.

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Cards Management Tools Guidelines 249

PYMNTS

SEPTEMBER 20, 2020

Cape , a new Australian FinTech made up of professionals in finance, is debuting its new “recession fighting” credit card, powered by open banking and intended to allow access to new functions like buy now, pay later (BNPL), according to a report from AltFi.

Cards 254

Cards Fintech Management Lending 254

PYMNTS

OCTOBER 21, 2020

Lumin Digital offers customized integrations to help banks and credit unions enhance their relationships with customers and members. . Jeff Chambers, founder and president of Lumin Digital, said the company is happy to have Interra’s confidence as a digital banking partner. .

Digital Banking 150

Digital Banking San Francisco Indiana Analytics 150

PYMNTS

JULY 14, 2020

PYMNTS research has shown that approximately 40 percent of consumers would be very interested in downloading highly functional mobile card apps that can be used to manage multiple cards, track spending and issue transaction alerts, among many other features. There is an important underlying dimension to these findings, however.

Cards 197

Cards Mobile Groups Survey 197

PYMNTS

JANUARY 2, 2020

The former head of technology at Barclays, Mark Hipperson, is launching a digital bank called Ziglu that will serve both crypto and fiat accounts, according to a report by Cointelegraph. challenger bank. Customers will be able to be spend any currency they have using a Mastercard debit card. In other U.K.

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Digital Banking cryptocurrency Bitcoin Course 137

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

PYMNTS

APRIL 30, 2020

Banks must now consider how to best expand remote services and emphasize these channels once consumers can safely visit branches again. This month’s Deep Dive examines how consumers are approaching digital banking and how FIs are leveraging online and mobile channels to prevent service gaps during the pandemic.

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Digital Banking Mobile Online Millennials 150

PYMNTS

JANUARY 7, 2019

Royal Bank of Scotland (RBS), which is gearing up to launch a new digital bank, has acquired a 25 percent stake in Loot , a U.K. According to a report in Financial Times , citing Royal Bank of Scotland , Loot offers customers a current account and pre-paid debit card.

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Digital Banking Fintech Cards Branding 155