Fintech Labs Insights
NOVEMBER 10, 2023
Consumers have been banking online for 28 years. And from the very beginning, there have been pure-play digital banking startups. The first, online bank Security First Network Bank (SFNB) launched in 1995, just a year after Amazon.com. But unlike ecommerce, digital-only banking was slow to catch on.
Celent Banking
MARCH 13, 2015
Capgemini recently hosted a few dozen consultants and industry analysts to Chicago for their two-day Analyst and Advisor Day event. Unfortunately, it was typical Chicago winter weather with sub-zero windchills and snow flurries, but for those who braved the conditions it was a very interesting and informative event. Stay tuned.
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PYMNTS
JUNE 21, 2018
In May, Union Bank gave a nod to blockchain, with work in place for remittance channels that come to Singapore. Digital banking is also making inroads in Poland, where Alior Bank is linking with solarisBank, Mastercard and Raisin to create a digital bank geared toward serving all residents in the EU.
PYMNTS
JANUARY 18, 2017
In a press release , Citibank said the additional surcharge-free ATMs will be located across the country in major cities, including Chicago, Los Angeles, Miami, New York, San Francisco and Washington, D.C. Citibank announced Tuesday (Jan.
PYMNTS
SEPTEMBER 24, 2019
Digitally-focused CUs are reaping the rewards of this market demand and saving money by limiting the number of branch locations and ATMs that need to be maintained. One power player in the digital CU space is Chicago-based Alliant Credit Union , which was founded in 1935 as the United Airlines Employees’ Credit Union.
Independent Banker
AUGUST 31, 2021
of digital banking customers said they switched to digital banking because of the pandemic. Source: 2021 Provident Bank survey. These days, there’s a lot to contend with as a community bank, from changing consumer behaviors due to the pandemic to uncertainty surrounding the economy and inflation. “You
Gonzobanker
DECEMBER 22, 2020
Banks and credit unions had to fundamentally change their delivery, support and relationship management models at scopes and speeds that were unheard of. And how did community banks and credit unions respond to the COVID craziness? The Strategy Award Goes to Axos Bank. There have been many come-and-go digital banks.
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