article thumbnail

The rise of Monzo, Revolut, and Starling and a comparison of Facebook and Whatsapp

Lex Sokolin

In American terms, you should think of Visa or MasterCard as a comparison, or maybe American Express. Comparisons and Takeaways There’s some blowback in the Fintech social media saying that we should not be critical of these results, but rather champion the innovation and change they have brought about.

article thumbnail

Why bank branches—and human contact—are not going away any time soon

Accenture

Given that this trend is coinciding in with an ongoing shift by younger consumers towards more innovative channels—the likes of wearables, social media and instant messaging—it’s possible that the continued strong usage of branches is a transitory effect. Figure 5: Would you be interested in using the following banking models?[5].

Insiders

Sign Up for our Newsletter

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

article thumbnail

You Heard It Here First: Best Of 2018’s Monday Conversations

PYMNTS

Text messaging, social media, Pinterest and memes have all been offered up as avatars of destruction — and the general consensus seems to be that the death of conversation is a direct result of the digital age and probably has something to do with millennials. It will involve making trade-offs.”. Tide CEO Dr. Oliver Prill.

Data 151
article thumbnail

Building the Agile Bank

Gonzobanker

Accenture has urged banks to embrace an “outside-in strategy to reinvent customer experience in the age of digital banking.” Banks can become more agile when they identify who needs to go deep developing knowledge in critical areas. Ready to be an Agile Bank?

article thumbnail

Fintech Fundings: 15 Companies Raise $125 Million Week Ending May 1

Fintech Labs Insights

Digital banking platform for financial institutions. Online auto insurance comparison site. Payments via social media. Tags: Payments, mobile, social, Facebook, Startup Chile (investor). Latest round: $50 million Series C (at $200 million valuation). Total raised: $76 million. Source: Crunchbase.

article thumbnail

Finovate Spring 2018 – Day 2

William Mills

How they describe their product/innovation: Fiserv integrates Samsung SDS biometric authentication and collaboration solutions into its award-winning Commercial Center: Security (CC:S) for a more secure and convenient digital banking experience.

article thumbnail

Finovate Fall 2016 Live Blog – Day 1

William Mills

MX allows banks and credit unions and fintech start-ups to better serve customers to collect and act on data. Showing comparison of the MX to the 2nd largest – where data is not user friendly. Specializes in digital banking platform. Mills-Grimes is the Digital Marketing Manager at William Mills Agency.

Mobile 40