PYMNTS

MAY 28, 2019

But let’s not forget the role of the teenager in digital retail, financial services and transactions. There will always be teenagers, after all, and they have significant power and influence, along with a native mastery of mobile and other associated technologies. This is not the first banking account designed for teenagers.

Digital Banking 139

Digital Banking Google Mobile Groups 139

Bank Innovation

JANUARY 26, 2018

launched its Marcus digital bank in late 2016, the conventional wisdom was the investment bank wanted to expand into retail banking. EXCLUSIVE— When Goldman Sachs & Co. But, apparently, that’s not the whole story. Marcus, it seems, is an asset pricing play, Goldman’s CEO implied yesterday.

Retail 262

Retail Video Digital Banking Bitcoin 262

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

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

JULY 15, 2019

Card delinquencies have remained steady at Bank of America , which reported June credit card delinquencies of 1.56 According to news earlier in the month, large credit card issuers in the United States reported lower delinquencies in May. The figure registered at the same rate as the prior month, SeekingAlpha reported.

Cards 122

Cards America United States Comparison 122

PYMNTS

JANUARY 12, 2020

It will integrate with the financial giant’s digital bank Marcus. When it launched in 2016, Marcus offered an online alternative that helped the company differentiate its revenue stream with saving accounts and personal loans for Goldman’s retail consumers. People expect a digital bank to have an app,” Greco said. “We

Mobile 131

Mobile Digital Banking Software Apple 131

Gonzobanker

APRIL 13, 2020

Converting new digital accounts into lasting relationships will take proactive care and feeding. adults, “During social distancing, how much more or less likely are you to leverage digital banking and digital payments?” ” Not surprisingly, most people said they would perform more digital activity.

Digital Banking 100

Digital Banking Apple Cards Survey 100

PYMNTS

FEBRUARY 18, 2020

The PSCU company Lumin Digital has signed Bartlett, Tennessee-based First South Financial credit union to a multi-year digital banking and cloud computing agreement, Lumin announced on Tuesday (Feb. We are pleased to partner with Lumin Digital to provide these necessary digital banking services to our members.”.

Tennessee 206

Tennessee Mississippi Digital Banking Payments 206

PYMNTS

MARCH 30, 2020

As retailers determine the best ways to reach retail customers during the coronavirus pandemic, ICICI Bank launched its banking services on Monday (March 30) on WhatsApp. . Additionally, users can get details of the nearest ICICI Bank ATMs and branches, all from the social platform. .

social media 146

social media Retail ATM Cards 146

PYMNTS

FEBRUARY 26, 2020

Digital banking and payments firm i2c is partnering with next-generation commerce firm Sightline Payments to deliver cashless, mobile and omnichannel programs to over 45 gaming resorts, state lotteries, digital gaming and sports betting sites across eight states, i2c announced on Wednesday, Feb.

Oregon 232

Oregon Pennsylvania Innovation Operations 232

Chris Skinner

JULY 20, 2017

One of the presentations I particularly enjoyed at the EFMA meeting was from Gürhan Çam, Senior Vice President- Digital Banking at DenizBank, Turkey. You will all know by now that I love the innovations in retail banking in Turkey, and Gürhan didn’t disappoint. First, there is the fastPay Wallet.

social media 292

social media ATM Innovation Digital Banking 292

PYMNTS

JANUARY 14, 2020

consumer banking and spending on credit cards. In terms of headline numbers, the banking giant reported earnings per share of $2.57, up 21 percent year on year and well above the $2.35 But drilling down a bit, to get a sense of the state of the consumer, retail banking saw fourth-quarter profit rise by about 5 percent to $4.2

Cards 131

Cards Data Training Community Bank 131

PYMNTS

SEPTEMBER 11, 2019

As reported in this space, and via announcement sent to PYMNTS, the company’s CEO and Founder Neil Ambikar said that the firm will look to accelerate growth, with an eye on rolling out application programming interface (API) enabled banking services.

Digital Banking 177

Digital Banking Regulation Payments cryptocurrency 177

PYMNTS

AUGUST 6, 2020

The solution, Pay Direct , allows corporates to more seamlessly accept online payments directly from the sender’s bank account using the U.K.’s In its announcement, Bottomline highlighted the enhanced payer experience, as well as the ability to reduce card fees for recipients, as key benefits of the solution.

Fintech 277

Fintech Cards Technology Samsung 277

PYMNTS

JANUARY 14, 2020

consumer banking and spending on credit cards. In terms of headline numbers, the banking giant reported earnings per share of $2.57, up 21 percent year on year and well above the $2.35 But drilling down a bit, to get a sense of the state of the consumer, retail banking saw fourth-quarter profit rise by about 5 percent to $4.2

Cards 130

Cards Data Training Community Bank 130

PYMNTS

JANUARY 15, 2021

What’s in the cards? Morgan released reserves, yes, but kept its reserves tied to the card business intact, at $17.8 billion, even as card loans gained slightly, and the net charge-off rate declined. It’s clear that banks’ customers view deposits as a safe haven. But the questions loom: What comes next?

Course 152

Course Conference Mobile Cards 152

CB Insights

MARCH 8, 2018

Digital banking startups — or challenger banks — have gained traction over the past few years by bringing retail banking services mobile. Banks in Fintech: what’s ahead in 2018. Join us for data-driven look at how major banks are approaching fintech investments and taking on insurgents.

Retail 78

Retail Digital Banking Fintech Regulation 78

NCR

OCTOBER 13, 2017

As easy as it might be to perceive a big divide between the modern-day mobile space and more traditional, physical banking via the branch and ATM , it’s becoming increasingly clear that these channels can function in harmony and complement one another. Bringing the ATM and mobile together.

ATM 96

ATM Innovation Mobile America 96

Chris Skinner

JULY 3, 2017

Here are the key highlights: Over the past five years customers’ activity on banking apps rocketed by 354%, with apps now an increasingly popular way to access current accounts rising from 21% of access in 2012 to 61% by the start of 2017. million customer-to-bank contacts made using web chat in 2016 – 510 every hour. There were 4.4

Mobile 286

Mobile Cards Video Management 286

PYMNTS

JANUARY 28, 2020

Everyone knows that digital and mobile services are key to success in the 2020s — not only in terms of more revenue, but also larger transformations. But that doesn’t mean all the players in payments and financial services have a solid or clear digital strategy. The age of personalized service is upon us. Younger Consumers.

Fintech 169

Fintech Digital Strategies Mobile Resources 169

Gonzobanker

JUNE 11, 2018

Attendance at American Banker’s Digital Banking conference has grown significantly since I was here in 2016, reflecting the obvious interest levels in digital, yet the vibe remained largely the same as two years ago…. If 2016’s conference was the “mobile” conference, 2018 was most definitely the “voice” conference.

Conference 70

Conference Digital Banking Austin Digital Strategies 70

Celent Banking

FEBRUARY 4, 2016

Bank of America recently announced that it would triple spending on its mobile app. In the past, Celent has praised the Bank of America mobile banking apps as some of the best out there. Shown in the graph below, the bank´s mobile banking adoption has been steadily growing, with a growing share of deposits.

Mobile 100

Mobile America Digital Banking Digital Strategies 100

PYMNTS

DECEMBER 11, 2018

Give a deep and welcoming hello to the newest form of window shopping — a consumer behavior that will help to shape retail in 2019 and beyond, and a trend that stands as an increasing part of shopping, one that promises to impact brick-and-mortar merchants as they decide how to innovate. That’s not to say physical retail is dying.

blockchain 170

blockchain Retail Trends Mobile 170

Independent Banker

OCTOBER 29, 2014

Finding the right place, at the right pace in a volatile and uncertain mobile marketplace. Large banks and nonbanks, merchants and technology companies are pressing to solidify their inroads into the financial transaction business. Research and everyday observation show how consumers are increasingly using mobile technologies.

Mobile 105

Mobile Community Bank Community Technology 105

The Financial Brand

AUGUST 9, 2020

New data from annual PULSE survey shows a big jump in digital transactions even before COVID, a clear sign of changing consumer habits. The post Debit Cards Dominating Retail Payments, Fueled by P2P and eCommerce appeared first on The Financial Brand.

Retail 41

Retail Cards Payments Survey 41

Bank Innovation

DECEMBER 7, 2016

Year-old Citi Fintech, the digital banking sub-brand of Citigroup Inc., That may seem like a long time by startup reckoning, but it’s not so bad for a (gigantic, regulated, global) bank. The unit announced Monday that it had built a new mobile experience for Citigold card members Read More.

Fintech 150

Fintech Digital Banking Regulation Branding 150

PYMNTS

AUGUST 6, 2020

Peggy Mangot , who once led the development of the Wells Fargo mobile banking app Greenhouse , has been hired by online payments giant PayPal as part of the company’s internal ventures team, PayPal Ventures , CNBC reported. Greenhouse, the app developed by Mangot and her team at Wells Fargo, is somewhat akin to a J.P.

Maine 173

Maine Google Retail Strategy 173

Bank Innovation

FEBRUARY 19, 2020

Level, a digital banking startup based in San Francisco Calif., Level is also offering 1% debit card rewards and paycheck deposits two days early to sweeten the deal for customers. The company said it’s able to offer these competitive rates because the digital distribution model keeps costs under control. […].

San Francisco 259

San Francisco National Digital Banking Fintech 259

PYMNTS

JANUARY 29, 2020

Amid the targets for return on equity in the investment banking business, Goldman ’s first Investor Day in the wake of a revamped operating structure placed special emphasis on the digital realm. Specifically, digital banking services, delivered to a broader consumer base through mobile means.

Digital Banking 136

Digital Banking Strategy Management Apple 136

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. Incumbents Play Catch-Up. savings accounts.

Retail 78

Retail Cards Millennials Mobile 78

PYMNTS

JUNE 16, 2016

So, when it comes to something like digital banking , it’s not so much about finding what’s easy as it is about finding what service best meets millennials’ needs. That’s where digital-only offerings like Chime attempt to swoop in. The appeal, Britt said, coincides with other retail tendencies that attract digital consumers.

Millennials 100

Millennials Mobile Digital Banking US 100

PYMNTS

JANUARY 20, 2020

With an eye on segment performance, she said JPMorgan Chase card, merchant services and auto revenue were up 9 percent driven by higher card NII on loan growth as well as the impact of higher auto lease volumes. Overall, international and North American consumer banking were up 4 percent, as measured by year-over-year revenue growth.

Cards 134

Cards America Course Mobile 134

PYMNTS

JUNE 28, 2018

Coverage includes Amazon’s latest healthcare move, along with a new digital banking service in the U.K. PayPoint Enables Tide Customers To Deposit Cash At 29,000 UK Retailers. PayPoint said the deal gives the digital bank access to a network that is larger than all the banks, post offices and supermarkets combined.

Digital Banking 101

Digital Banking Mobile Cards National 101

PYMNTS

JULY 15, 2019

Digital innovation enhanced the company’s Q1 earnings performance, which surpassed analyst’s predictions. The firm reported mobile users were up 11 percent in the first quarter. Additionally, it was reported in May that some JPMC customers were moving money into accounts at banks offering higher interest rates.

Innovation 139

Innovation Millennials Conference cryptocurrency 139

PYMNTS

JUNE 21, 2017

Yesterday, PayPal announced news that soon, Venmo and PayPal users will be able to send money transfers via its mobile app in a heartbeat to anyone they want — and have the receiver access and use those funds — in a heartbeat — anywhere that Visa and Mastercard debit cards are accepted. So, anywhere.

Mobile 134

Mobile Cards Digital Banking User Experience 134

PYMNTS

FEBRUARY 3, 2020

They quickly faded into the décor of banks and street corners, becoming a prosaic feature of everyday life. And while some imagined there’d be banks on Mars by 2020, few guessed that dull ATMs would one day reinvent retail banking. A convergence of factors is at the root of the ATM makeover now underway.

ATM 165

ATM Digital Banking Innovation Video 165

PYMNTS

MAY 16, 2018

From artificial intelligence to blockchain to new mobile app features and offerings, banks and financial institutions are investing more in innovations to give customers a better experience and gain an edge over their competition. Around the Digital Banking World . Building a Responsible AI Roadmap.

Trends 118

Trends Digital Banking Mobile blockchain 118