Bank Innovation

MAY 24, 2019

As big banks try to win over customers with digital upgrades that resemble slick user interfaces from fintech startups, community banks are looking at new ways to keep pace with customer expectations. Radius Bank, a one-branch Boston-based community bank with $1.2 Many are seeing partnerships as the path to growth.

Community Bank 225

Community Bank Community Fintech Boston 225

PYMNTS

APRIL 12, 2017

The latest example of this comes from Regions Bank at its corporate headquarters in Birmingham, Ala. Prior to joining the Regions Bank community, Duggirala served as the CTO of Kabbage, a small business lender. The bank’s corporate office has chosen Amala Duggirala as its new CIO.

Regional 100

Regional Fintech Leadership Resources 100

Gonzobanker

NOVEMBER 26, 2018

Rapid consolidation in the banking industry is creating a growing band of regional banks that find themselves stuck in a solution provider market that isn’t fully capable of serving them. FIS has captured a dominant share in the regional banking space with its IBS core platform (formerly Metavante).

Regional 101

Regional Strategy Technology Innovation 101

PYMNTS

NOVEMBER 13, 2018

To that end, news came earlier this week in the United States that a dozen community and regional banks have formed a group aimed at exploring the opportunities amid FinTech offerings. The group, to be known as Alloy Labs Alliance, according to a press release , is being managed by FinTech Forge.

Community Bank 183

Community Bank Community Fintech Arizona 183

PYMNTS

APRIL 2, 2019

MOXY bank , preparing to be one of the first new community banks to launch in the U.S. “MOXY’s progressive and innovative approach to banking will provide greater digital convenient, advocacy and personalized financial services to its users,” bank President and CEO Casey G. .’s

Community Bank 117

Community Bank Community FDIC Washington 117

PYMNTS

JULY 10, 2020

Credit unions and regional or community banks have stepped in to fill the banking gap, making barriers to accessing much needed financial services lower than ever before for marijuana businesses. Today, however, the banking challenge has largely been solved. “It’s a bit of an inverted model,” he said.

Innovation 210

Innovation Payments Tools Compliance 210

Bank Innovation

JANUARY 6, 2020

Jack Henry, the banking technology provider that specializes in community and regional banks, is expecting banks to increase their human-digital approaches in 2020.

Community 243

Community Regional Technology Company 243

PYMNTS

OCTOBER 12, 2018

The innovation economy requires more than caffeine and collaboration for fuel. WeWork also wants to make a bigger name for itself as an enabler of innovation. Innovation Program. Innovator Awards. But there is no doubt that the company wants a piece of the innovation economy. That’s the path chosen by WeWork.

Innovation 122

Innovation San Francisco Seattle Meeting 122

The Paypers

MAY 9, 2022

Swiss non-profit NEAR Foundation has partnered with local blockchain community Sankore to launch a regional hub in Kenya.

Regional 28

Regional blockchain Innovation Community 28

PYMNTS

DECEMBER 14, 2017

Not innovating is not an option. Perhaps in the early days of digital banking and mobile apps, innovative technology was a “nice to have,” but that is no longer the case. The Bank Innovation Readiness Index , in collaboration with payments solutions provider i2c , provides evidence to back that up. Methodology.

Innovation 162

Innovation Branding Payments Survey 162

BankInovation

FEBRUARY 16, 2022

Core provider Jack Henry is responding to a widespread shift in the financial services landscape with an open banking strategy that aims to facilitate a fintech-enabled digital ecosystem for community banks. As community […].

US 98

US Community Bank Community Regional 98

PYMNTS

JULY 16, 2019

Ondot said its 4,000 banks and credit unions will see faster and easier upgrades while also gaining access to the latest innovations and functionality. For new clients, the cloud service addresses the digital demands of today’s consumers with easy integration and low maintenance.

Innovation 128

Innovation Compliance User Experience Cards 128

Jack Henry

SEPTEMBER 20, 2023

Community and regional banks and credit unions can learn about payments trends in 2023, FedNow, streamlining experiences, reducing fraud and risk, and the future of payments.

Regional 88

Regional Fraud Community Trends 88

ABA Community Banking

JANUARY 8, 2020

As banking becomes ever more technology-driven, many banks are shifting from a mindset that puts big tech projects off to one side to one that embraces ongoing innovation, development and deployment. Regions Bank exemplifies the latter mindset.

Regional 52

Regional Innovation Technology Customer Experience 52

Insights on Business

NOVEMBER 29, 2018

Operational innovation is vital in a highly competitive financial services sector, with a new community of digital banks and other firms vying for market share. Drivers for Operational Innovation. These terms look good on paper, but what do they mean in practice for operational innovation?

Operations 138

Operations Innovation Management Risk Management 138

PYMNTS

OCTOBER 6, 2016

All of this has occurred as the company has continued to expand the pilot phase of its global payments innovation (gpi) initiative, thus far signing on dozens of major financial institutions to an effort aimed at streamlining cross-border payments. Region Stacy Rosenthal didn’t speak directly of Ripple’s swipes.

Innovation 188

Innovation Payments Fintech New York 188

Bobsguide

FEBRUARY 22, 2022

Through focused, innovative products, services, and a redefined operating model, BDB has been stimulating and driving entrepreneurial activity in the country. TCS BaNCS will enable BDB to launch new innovative products faster.

Innovation 78

Innovation Customer Experience Strategy Operations 78

PYMNTS

FEBRUARY 4, 2020

“Our strategic partnership with Visa represents a great opportunity to further accelerate digital payments innovation in the region. as well as leading regional, community and selected global banks organized to support FinTechs,” Mouilleron said. “The

New York 132

New York Regional Digital Banking Fintech 132

PYMNTS

MAY 29, 2020

We have deep dives on Main Street’s digital shift, ATM innovation and PPP loans. The pandemic has sped up the digital roadmap for everyone in financial services, providing for more innovation in the last few months than had been seen during several years. Innovating The ATM Beyond Cash. The Flaw In Demonizing Big Tech.

Maine 130

Maine ATM Innovation Millennials 130

American Banker

JANUARY 5, 2021

Felix Todd, formerly of Regions Financial, says "the excitement is authentic" at the New York community development bank, which has a reputation for being both innovative and purpose-driven.

New York 71

New York Regional Community Innovation 71

PYMNTS

MAY 12, 2020

Local and regional banks may have once been more insulated from these trends than other businesses since they are often trusted names within their communities and maintain long-standing relationships with their customers. percent of local and regional FI cardholders that report the availability of this feature. For example, 90.3

Regional 241

Regional National Cards Mobile 241

PYMNTS

FEBRUARY 8, 2018

But China is also pressing for payments innovation, SWIFT noted, as industry players like Alibaba promote digital payments and more China-based financial institutions (FIs) join SWIFT’s global payment innovation (gpi) initiative. RMB usage made up 1.61 It could be key to the broader Chinese economy too.

Innovation 111

Innovation Payments blockchain Analysis 111

PYMNTS

APRIL 16, 2019

Among the most recent headlines, in Asia this past week, the Monetary Authority of Singapore (MAS) and the National Bank of Cambodia have signed a memorandum of understanding (MOU), that Business Times said will boost partnerships on FinTech and financial services innovation. The banks have also agreed to share data on emerging markets.

Fintech 211

Fintech San Francisco National Innovation 211

PYMNTS

DECEMBER 14, 2020

“We are committed to providing innovative solutions for gig workers that drive financial inclusion,” said Marco Margiotta , CEO of Payfare. The new tool is available to Dashers in select regions across the East Coast. A nationwide launch is planned for early next year. .

Tools 238

Tools Washington New York Maine 238

PYMNTS

NOVEMBER 17, 2020

Simon specializes in regional malls and outlet centers. Our properties continue to be a town square destination for the communities they serve,” said Andy Hutcherson , senior vice president of Innovation and Customer Experience at Simon, in the release.

Retail 212

Retail Customer Experience Maine Regional 212

PYMNTS

DECEMBER 14, 2020

Payment service provider PayFort , which is based in the Middle East and North Africa (MENA) region, has changed its name to Amazon Payment Services, a letter from Managing Director Omar Soudodi stated, and it will now offer installment payments.

Payments 199

Payments Fraud Video Regional 199

PYMNTS

MAY 22, 2018

A bill that would give regional banks a break on regulation was before the U.S. Groshans said that such financial institutions as Zions, Regions Financial, Citizens Financial, Huntington, American Express and Keycorp would benefit from the law. The Economic Growth, Regulatory Relief, and Consumer Protection Act , S.

Regulation 100

Regulation Regional Community Community Bank 100

The Paypers

NOVEMBER 8, 2018

(The Paypers) A group of 12 US community and regional banks have founded Alloy Labs Alliance, a consortium approach to innovation and technology adoption.

Community 28

Community Community Bank US Regional 28

Independent Banker

NOVEMBER 30, 2022

First National Bank and Black Tech Nation Ventures teamed up to support minority-owned startups in the Pittsburgh community and beyond. Driven by her goal to cultivate a supportive community for diverse tech startups, Kelauni Jasmyn founded the fiscally sponsored nonprofit Black Tech Nation in Pittsburgh in 2018. By Elizabeth Judd.

Company 110

Company Community National Maryland 110

PYMNTS

JANUARY 22, 2021

The company aimed to bring internet access to remote communities and low-income areas unable to afford the technology. He added that Loon developed several important technologies that could possibly pave the way for future innovations. In the end, Loon couldn’t “build a long-term, sustainable business," noted the blog post.

New York 181

New York Regional Community Software 181

Cisco

JANUARY 10, 2023

Whether a community bank or a credit union, regional insurer, or multi-national financial institution, cross-functional engagement with champions, key influencers and ultimate decision-makers also helps to eliminate silos inherent in the financial services industry. Cybersecurity Readiness Assessment.

Digital Strategies 174

Digital Strategies Strategy America Innovation 174

Independent Banker

NOVEMBER 25, 2015

Even with technology’s increasing influence on retail banking, it’s not typical for a community bank to have one of its most senior and trusted executives concentrate primarily on leading consumer product and payments innovation. The role of Alex Jimenez, senior vice president and director of digital and payments innovation at the $7.2

Innovation 70

Innovation Community Bank social media Community 70

PYMNTS

FEBRUARY 20, 2020

In a letter to finance ministers and G20 central banks, Quarles said they’re in danger of falling further behind as the digital payments sector grows and innovates. FSB members recognize the speed of innovation in the area of digital payments, including so-called ‘stablecoins,’” he said in the letter. “We

cryptocurrency 194

cryptocurrency Meeting Conference Regional 194

PYMNTS

JANUARY 15, 2021

Nicki Bisgaard , CEO and founder of EedenBull, said in the report that the new partnership “underlines our progress in offering best-in-class payment and spend management technology to the banking community globally.”. “We

Management 172

Management National Regional Analysis 172

PYMNTS

APRIL 24, 2019

I am confident that his appointment will ensure that SWIFT can continue to build on its tradition of excellence and innovation in support of the global financial community, while also enabling acceleration of its endorsed strategy.”.

Leadership 169

Leadership Regional America Community 169

Bobsguide

APRIL 13, 2022

Banque Misr extends collaboration with Finastra, selecting Fusion Trade Innovation and Fusion Corporate Channels to boost its offering and attract new customers. Ahmed Diab, Country Manager – Egypt at Finastra said, “Banque Misr is one of the leading national banks in Egypt, with a big market share of trade finance business in the region.

Regional 113

Regional Innovation User Experience Software 113

PYMNTS

SEPTEMBER 11, 2019

Different regions have their own unique payment rails, and no two abide by the same regulatory framework. Other initiatives are being spearheaded across regions. One-third of companies surveyed in the Real-Time Payments Innovation Playbook planned to implement them within the next three years. So, what’s the problem?

Payments 190

Payments Regional Operations Guidelines 190