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Digital banking is ready to take off in Latin America

Celent Banking

In Latin America the major milestones in Digital development we had seen were Nubank (Brazil – Market Cap $500M) and Bankaool (Mexico – ~$142M in assets), until March of 2016 when Banco Original (~$1,67Bn in assets) launched in Brazil. The bank has no branches and the interaction is 100% through digital channels and a call center.

America 100
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Germany’s Central Bank Says Tech Presents Hurdles, Opportunities

PYMNTS

Digitalization is the biggest challenge for supervision since the financial crisis,” said Wuermeling, who is also a member of the European Central Bank ’s supervisory board. “It It remains unclear which digital strategies will remain in the long term, therefore digitalization has to be seen as a moving target.

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2022 Trends & Predictions

Javelin Strategy & Research

Banner Section Home Rss.xml 2022 Trends & Predictions Javelin’s Trends & Predictions reports look at the coming year across the range of Javelin Strategy & Research’s specialty areas—digital banking, fraud and security, payments, and wealth management—and highlight the compelling challenges and opportunities likely to emerge from each.

Trends 40
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Moving Beyond The Limits Of ‘Cash And Dash’ ATMs

PYMNTS

But it is important that ATMs are embedded in the digital strategy of the bank, too.”. That multi-faceted strategy, he said, embraces services that are necessary not only for individual consumers, but also for small businesses that operate in cash-intense verticals, he told Webster.

ATM 158
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Mastercard’s Master Plan: Give Millennials What They Want

PYMNTS

The card network is hoping that’s the case, as it rolls out the first use case stemming from its recently launched global prepaid money management platform. And why a payment card at all, when banking services are overwhelmingly shifting to digital , and when the digital-first generation is the product’s prime target?

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37 Corporate Innovation Labs In Finance

CB Insights

It is also looking at integrating banking solutions into wearables and how the internet of things (IoT) could improve the customer experience. Notable projects: Card Free Access is a program developed out of the lab that allows Wells Fargo Banking customers to access ATMs through a variety of methods without their cards.