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Building a Discipline to Drive Digital Banking Strategy

Gonzobanker

With megabanks spending billions on digital investments each year, regional and community bank executives understand they cannot compete on resources. Instead, these players are focusing on specific niches, brand strategies and community connections to differentiate themselves. Appoint Digital Ambassadors.

Strategy 156
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Preparing Merchants For The Coming Mobile Wallet Boost

PYMNTS

But as Good explained, the definition of contactless needs to expand as firms re-examine their digital strategies. Things are definitely shifting toward digital,” Good said. And that is something that merchants, as well as community banks and credit unions, must be prepared for.”. Getting Prepared.

Mobile 280
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The Three Things Every Digital-Card App Needs

PYMNTS

“The big difference from what we saw even just 10 or 12 months ago when it comes to digitization is that banks are really starting to understand this is where they want to invest,” Piatt said. “To To bring it to a fine point, the pandemic has clearly separated institutions into two buckets — the digital haves and the have-nots.

Cards 334
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Elan: The Positive Impact Of Payments

PYMNTS

Whether through digital payments for grocery runs or donations to local and national causes, consumers have embraced payments as a tool to support their day-to-day goals. Financial institutions are also learning that their digital strategies must deliver the same level of service excellence that a customer might expect in a branch.

Payments 178
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Airbnb’s IPO, Amazon Pharmacy, Mobile Banking Top This Week’s News

PYMNTS

Partners Against Crime: Visa Leads Effort to Fight Fraud With New Dynamic CVV Codes. Visa and Keyno have pioneered a new effort to serve dynamically generated security codes to fight card-not-present fraud, called dCVV2. Chipotle Personalizes Loyalty Program, Digital Ordering Experience. The PNC deal to acquire BBVA’s U.S.

Mobile 160
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The 2014 GonzoBanker Awards

Gonzobanker

It’s been a busy year integrating recent acquisitions, purchasing $1 billion+ in Banco Popular deposits, hiring former Los Angeles Mayor Antonio Villaraigosa to advise on community relations, and having former President Bill Clinton speak at a major financial literacy event. Nice community bank culture fit between the two as well.

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37 Corporate Innovation Labs In Finance

CB Insights

Companies are turning to accelerators, funds, and labs to try to find the next big thing that will reduce fraud, speed up transaction times, and catch on with consumers. The labs aim to help Deutsche Bank evaluate and adopt emerging technologies, develop a culture of innovation, and contribute to the bank’s digital strategy.