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Why APIs, Privacy Are Key To Open Banking Innovation

PYMNTS

Open banking developments were impacting customers’ interactions with their banks before the COVID-19 pandemic. have passed laws or implemented programs over the past two years to put more focus on digital banking and data security, fundamentally changing how online transactions work. and the U.S.

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NEW REPORT: Behind Regions Bank’s AI-Powered Digital-First Push

PYMNTS

percent of banking customers would be interested in switching their financial institutions (FIs) if their branch experiences do not match their digital banking experiences. A digital-first approach to banking has become critical to survival, in other words. About The Tracker. About The Tracker.

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The Invisible Engines Of Banking Innovation

PYMNTS

Consumers take a somewhat binary view of the features and functions that come packaged as innovative: They either believe those innovations can solve problems and, therefore, embrace them or the consumers go somewhere else that offers legacy features and functions. Beauty In Banking Is More Than Skin-Deep.

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Visa Ups Innovation Ante With US FinTech Fast Track Launch

PYMNTS

As PYMNTS readers know, the role and appeal of FinTech is increasing significantly as consumer demands rapidly change, and technology and regulatory efforts encourage further innovation in digital payments and global transactions. They include the money transfer operation InstaReM , and the digital wallet operation Razer.

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Cloud Banking Gives Legacy Systems A Lift

PYMNTS

“Migrating to cloud- and AI-based solutions could help FIs handle growing calls for faster banking tools during the COVID-19 pandemic, and recent trends show they are beginning to do so,” according to PYMNTS’ June 2020 Digital Banks And The Power Of The Cloud Tracker® done in collaboration with NuoDB.

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Global Processing Services Nets Visa Investment For Expansion

PYMNTS

The move comes after GPS's recent launches in Europe and South East Asia, including Revolut and Starling Bank , according to the release. Department for International Trade’s Fintech Bridges and the Singaporean Economic Development Board to expand into the Asia Pacific (APAC) region. Last year, GPS partnered with the U.K.

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Ondot’s New Cloud Service Taps Digital Innovation For Banks

PYMNTS

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.