article thumbnail

Why Automation is Key to Chesapeake Bank’s Innovation Strategy for 2019

Bank Innovation

Automation is the theme that best describes Chesapeake Bank’s innovation roadmap for 2019, Kevin Wood, managing director of the state-chartered community bank’s business lending division, Cash Flow, told Bank Innovation. “One

article thumbnail

Oregon Community Credit Union launches digital platform

Bank Innovation

Oregon Community Credit Union (OCCU) has launched phase one of its digital platform, a move meant to “set the foundation” for the credit union’s new focus toward automation, Chris Whittaker, vice president of consumer lending, told sister publication Auto Finance News on Monday.

Oregon 150
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Square Partners With POWDR To Offer Ski Resorts Contactless Transactions

PYMNTS

“POWDR chose to partner with Square because they help elevate the guest experience from enabling fast, secure, contactless payments to integrated online-ordering solutions,” Justin Sibley , co-president of POWDR, said in the release. She said that many retailers are continuing to innovate, with some posting QR codes in shop windows.

Vermont 257
article thumbnail

How A Digital Makeover Could Be Key To CUs’ Member Acquisition Plans

PYMNTS

This often means providing digital solutions and convenient banking options despite smaller technology and innovation budgets, however. Credit unions must discover where and how their members want to transact and then ensure their in-house growth and innovation strategies match up with those preferences.

article thumbnail

Seeking Banking Balance Between Physical And Digital

PYMNTS

Results also noted this generation is less likely to open a bank account if physical bank locations are not available in their communities. Jamie Armistead, executive vice president of Digital Channels for Bank of the West , recently spoke with PYMNTS about how startups and tech are informing his company’s innovation strategy.

article thumbnail

37 Corporate Innovation Labs In Finance

CB Insights

Ignasi Barri Vilardell, Innovation Manager & Head of GFT Digital Innovation Lab, GFT Spain. GFT’s Digital Innovation Lab focuses on improving the consumer banking experience, both online and in branches, while ensuring banks are meeting security and efficiency needs. TransUnion — Innovation Lab.