PYMNTS

SEPTEMBER 25, 2019

Emirates banking group Emirates NBD has announced the creation of E20., a digital bank for the region, according to a release by the company. It will have a mobile app and provide different services necessary to carry out banking needs. It also takes about three months, in some cases, to open a bank account. .

Digital Banking 109

Digital Banking Regional ATM Groups 109

PYMNTS

NOVEMBER 20, 2019

Payments credit union PSCU is prepared to handle what they predict will be a rush in 2020 to adopt contactless cards, the company said in a press release on Wednesday (Nov. In 2020, PSCU anticipates distribution of more than three million new contactless cards to 100-plus credit unions.

Cards 117

Cards Risk Management Study Payments 117

Bank Innovation

APRIL 24, 2018

Digital banking is bringing more consumers than ever into the fold of the financial ecosystem, especially as branches, and other physical products, wane in necessity: take non-prime Americans, for example.

Online 186

Online Study Digital Banking Examples 186

PYMNTS

JULY 30, 2019

population, 18 percent report having an overdraft at least once in the last year, according to a Pew study. Low-income households are also more likely to be “ high frequency overdrafters ” who run to a negative balance 14 or more times in a year, according to a different Pew study. In the general U.S.

Digital Banking 190

Digital Banking ATM Study FDIC 190

PYMNTS

JUNE 21, 2019

A recent study conducted by financial services provider Kasasa and The Harris Poll found approximately 84 percent of Americans determine the products and services they desire first, then search for banks or CUs that offer them. percent of all CU members — currently offer some sort of credit card. percent compared to banks’ 13.5

Cards 102

Cards Omaha Minneapolis National 102

PYMNTS

SEPTEMBER 29, 2020

A study commissioned by Ethoca showed that 96 percent of U.S. Global chargeback volume, the study showed, will reach 615 million by 2021, largely coming from customers frustrated and disputing transactions, the release said.

Online 243

Online Guidelines Study Fraud 243

PYMNTS

AUGUST 21, 2020

Digital banking is reaching unprecedented levels of popularity amid the pandemic, with 89 percent of American bank customers using mobile banking apps to manage their savings and checking accounts. Developments From Around The World Of Digital-First Banking. billion by 2024.

Analytics 266

Analytics Fraud ATM Report 266

FICO

NOVEMBER 10, 2020

I am always glad to see headlines like this one, which ran last summer in The New York Times: “ How to Reduce Credit Card Fraud.” The vast majority of the nearly 370 billion payment card transactions made globally each year are scanned by sophisticated software designed to detect fraud, in less time than a blink of the eye.

Fraud 98

Fraud Cards Analytics Mobile 98

PYMNTS

JANUARY 22, 2020

Grab , Razer , AirAsia , Axiata and CIMB join other companies that are considering applying for digital banking licenses in Malaysia, sources told Reuters on Wednesday (Jan. Some are in discussions with consultants for guidance as they ponder a move into digital banking, according to the sources, who are familiar with the matter.

Digital Banking 136

Digital Banking Regional Capital Study 136

NCR

JULY 28, 2017

This convenience offers many advantages to the consumer, but financial institutions and consumers need to recognize one of the biggest disadvantages of this technological expansion: the increased risk of digital banking fraud. Digital banking fraud affected 14 percent of consumers in 2016, up from 12 percent in 2015.

Fraud 74

Fraud Digital Banking Survey Security 74

PYMNTS

SEPTEMBER 6, 2019

Australia, Malaysia, Thailand and the United Kingdom are just a handful of nations that are exploring the benefits, ranging from opt-in programs designed to help citizens access financial and governmental services to compulsory ID solutions meant to serve as virtual ID cards. Developments From Around the World of Digital ID.

National 179

National Study Digital Banking Trends 179

PYMNTS

SEPTEMBER 13, 2019

How can banks help provide their customers the peace of mind they need to feel confident that their mobile banking authentication systems are strong enough to protect them from fraud? percent) or using mobile card controls (63.5 They also want more control over how their digital banking transactions are authenticated.

Fraud 166

Fraud Mobile Digital Banking Security 166

PYMNTS

FEBRUARY 15, 2018

For community banks serving small- to mid-sized businesses (SMBs), training an eye on credit cards can translate into additional revenue streams and tap into an unmet need for those SMBs. Kearney found 26 percent of small business cardholders have community banking relationships in place. There’s a lot of runway here.

Community Bank 118

Community Bank Community Cards United States 118

PYMNTS

SEPTEMBER 24, 2020

The ongoing COVID-19 pandemic and its associated social distancing and stay-at-home orders have pushed untold services online for easier consumer access, with banking serving as a prime example. We’ll see more and more [of this] action as digital [banking] progresses.”. Fraud Threats To Digital Banking.

Video 205

Video Fraud Digital Banking System 205

PYMNTS

SEPTEMBER 23, 2020

Financial crime is a pervasive threat to banks, credit unions, FinTechs and other financial institutions (FIs) the world over. A recent study from PwC found that 47 percent of companies had experienced fraud at least once in the past two years, with a grand total of $42 billion in funds stolen over this period of time. billion ($8.9

Technology 208

Technology Report Fraud Study 208

PYMNTS

MAY 4, 2017

The Cardtronics executives noted that the studies are not all that surprising, and where once the findings reflected increasing cash adoption across, say, Europe, recent research has borne out the same trends in Europe and the Americas. Cards are perhaps proving a sticking point in the move toward electronic payments.

ATM 192

ATM Millennials United States Study 192

PYMNTS

NOVEMBER 9, 2020

The Tracker also examines how mobile and instant disbursement tools could be essential to making sure these individuals are still able to participate and transact within the digital banking world. for the first time in several years, according to a study released by the F ederal Deposit Insurance Corp.

Tools 203

Tools Mobile FDIC Examples 203

PYMNTS

OCTOBER 16, 2020

We have deep dives on connected devices, instant payments and what the digital shift means for customer expectations of card issuers. Mastercard: Why It’s Time For Card Issuers To Up Their Digital Game. Consumers’ digital shift means that customer expectations for their card issuers are higher than in the past.

Payments 239

Payments San Francisco Fintech Tools 239

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

SEPTEMBER 29, 2020

Credit unions of various sizes were eager to roll out credit card innovation plans before the COVID-19 pandemic’s onset. These expectations also drove CU executives’ innovation agendas, with 91 percent voicing serious interest in developing card product innovations. percent planned to unveil mobile wallet-enabled cards.

San Diego 141

San Diego Innovation Cards California 141

NCR

FEBRUARY 12, 2016

Articles via Bank News, 24/7 Wall Street, The Financial Brand. Cards Linked to Mobile Apps Experience Rise in Activity Rates: A new study shows that by the year 2020, more than 3 billion loyalty cards will be integrated into mobile apps. What have you been reading?

Mobile 40

Mobile Digital Banking Payments Study 40

PYMNTS

JULY 1, 2020

consumers who have at least one credit or debit card and mobile device revealed that 24 percent would be “very” or “extremely” likely to switch to the new generation of banking. This “better app” would also offer transaction confirmations and alerts, card location controls and the ability to track and redeem rewards. .

Survey 183

Survey Cards Millennials ATM 183

PYMNTS

FEBRUARY 26, 2020

Credit unions (CUs) are performing well as the new decade dawns, with a recent study finding that CUs increased their loan originations by 29 percent from Q4 2018 to Q4 2019. Though still strong, this industry growth has slowed in recent years, with another survey finding that total loans only increased by 6.6 percent in 2019, compared to 10.5

Nevada 192

Nevada Security Innovation Data 192

PYMNTS

JANUARY 30, 2020

The banking industry is increasingly favoring self-service, as customers making transactions grow to prefer tellerless ATM and kiosk interactions. Banks are rapidly undergoing digital-first transformations to offer these services. The instant-issue functionality also comes in handy for lost debit cards.

Operations 152

Operations ATM Cards Case Study 152

PYMNTS

JANUARY 29, 2019

The Union of Arab Banks (UAB) has said in a study that such a movement would change the way Arab banks provide financial services. . As pertains to Egypt banks, e-Cards (and, in tandem, electronic payments) have swelled to more than 30 million cards as of June 2018, as estimated by the country’s central bank.

Fintech 145

Fintech Cards System Groups 145

PYMNTS

FEBRUARY 28, 2020

These digital pushes are far from ubiquitous, however, with many banks unwilling to make the massive financial investment involved in acquiring these new technologies. Those that are willing to pull the trigger are reaping the benefits, however, with studies finding an effectiveness increase of up to 70 percent.

ATM 159

ATM Study Analytics Meeting 159

PYMNTS

NOVEMBER 19, 2020

Evidence suggests that one of the most effective ways they can continue to engage their member bases is to roll out personalized services, such as financial management and budgeting tools, card management options and targeted marketing initiatives. For more on these stories and other CU headlines, read the Tracker’s News and Trends.

Alabama 228

Alabama Meeting Fraud Trends 228

PYMNTS

SEPTEMBER 17, 2019

Mobile banking apps have already enjoyed mass adoption, but what are consumers using them for? And, perhaps more importantly, what do they want from digital banking apps that they aren’t currently getting? How Consumers Currently Use Mobile Banking Apps. percent) use mobile banking apps to check account balances.

Mobile 187

Mobile Millennials Study Digital Banking 187

PYMNTS

OCTOBER 2, 2020

In today’s top news in digital-first banking, banking startup Dave Inc. Plus, Boost Payment Solutions is collaborating with Visa to provide further automation and flexibility to commercial card issuers, cardholders and suppliers. Banking Startup Dave Taps Ex-Airbnb Marketing Exec.

Marketing 130

Marketing cryptocurrency Cards Branding 130

South State Correspondent

OCTOBER 26, 2023

Sunday Programming: consisted of a federal lobbying track, AI Summit, Small Business, Fraud, running a fintech, cannabis banking, and modernizing the banking core system. The topics were perfect, and there were some great case studies, but the substance was standard, bordering on underwhelming.

Conference 221

Conference Las Vegas Fraud Case Study 221

NCR

MARCH 11, 2016

Articles via Visa Corporate Tumblr, Payments Cards & Mobile, Financial Brand. The Impact of Electronic Payments: A study by Moodys Analytics examines the global economic impact of electronic payments and how they played a role in a country’s prosperity.

Digital Banking 40

Digital Banking Payments Study Analytics 40

PYMNTS

NOVEMBER 23, 2020

A recent report found that the financial sector is expected to see consumer churn nearly double by 2022 as customers switch banks to access no-fee accounts and higher rates on money market accounts and CDs.

Study 140

Study Data Course Community 140

PYMNTS

JUNE 17, 2020

With studies showing that 92 percent of consumers read online restaurant reviews, and one-third of them bypassing any eatery with less than four stars, it’s not surprising that close to 60 percent of restaurant owners feel reviews drive business better than advertising. A Fraudster’s Feast. Securing Social for the MOA Future.

Tools 141

Tools social media Fraud Mobile 141

PYMNTS

JULY 28, 2020

“Executives at large credit unions were considerably more likely than those at mid-sized or small credit unions to have planned to innovate [card issuance] to both attract new members and improve fraud protection,” per the new Playbook. Our study shows that 83.3 percent and 66.7 percent believed their performances would improve.

Innovation 140

Innovation Community Cards Fraud 140

PYMNTS

JUNE 1, 2020

Some governments believe that contactless payments are a relatively safe alternative to cash and traditional credit cards because they spare merchants from handling bills and customers from tapping through POS interfaces.

United States 132

United States Cards Payments Digital Banking 132

PYMNTS

MARCH 6, 2020

As application programming interfaces (APIs) and digital banking promise unheard of levels of control, companies are eyeing the 40 percent or more of revenues that go to spend — and specifically, how much can drop to the bottom line by using artificial intelligence and accounts payable automation in creative new ways. “A labor force.

Compliance 130

Compliance Management Software System 130

PYMNTS

APRIL 5, 2019

The bank originally planned to redesign 1,500 centers, but the new plan will accelerate that. It will also upgrade 16,000 ATMs with new features like paying with phones and the ability to pay credit card bills. There’s also a plan to install 2,700 new ATMs. It fell from 38 percent to 26 percent in 2016.

America 128

America ATM United States Cleveland 128