PYMNTS

JANUARY 2, 2020

In today’s top payments news, JPMorgan blocks FinTechs from accessing customers’ passwords, and Ant Financial and Razer throw their hats into the ring for one of Singapore’s five available digital banking licenses. Plus, Indonesia is planning to implement flat-rate fees for certain digital wallet transactions.

Fintech 133

Fintech Payments Digital Banking America 133

PYMNTS

OCTOBER 16, 2019

Money laundering has always troubled financial institutions, but today’s digital banking system creates additional complexities as fraudsters around the world take advantage of financial technologies. Mobile, online and phone channels all have distinct fraud challenges and customer needs.

Compliance 123

Compliance Fraud Study Digital Banking 123

PYMNTS

OCTOBER 11, 2019

Money laundering has always troubled financial institutions, but today’s digital banking system creates additional complexities as fraudsters around the world take advantage of financial technologies to launder approximately $2 trillion annually. AML Strategies and Innovation Quirks. Changing AML with AI and ML.

Strategy 123

Strategy Innovation Fraud Security 123

Gonzobanker

DECEMBER 14, 2023

Meanwhile, technology changes continued at a breakneck pace, with generative AI the biggest topic around management tables. The specifics are unclear, but bankers recognized that this will be an absolute game-changing technology in future years, and delivery will change in ways we can’t even conjure yet. He passed away in January 2023.

Fintech 194

Fintech Community Regional Technology 194

Gonzobanker

DECEMBER 19, 2022

Chuck Purvis, Coastal Community – Purvis waved the flag of innovation in the credit union industry, helping Coastal become famous for its usage of interactive teller machines (ITMs) and launching the Constellation Digital Banking platform. The Smarter Bank Technology Award. Goes to MVB Financial. talent market.

Community 216

Community Fintech Industry Innovation 216

PYMNTS

MAY 21, 2019

Bundesbank, Germany’s central bank, said increased use of financial technology in the country could present regulators with their biggest hurdle since the financial crisis, according to a report by Bloomberg. “We Supervisors don’t like moving targets.”. percent of all retail sales, while cash payments made up 48.3

Digital Strategies 122

Digital Strategies Cards Technology Regulation 122

Insights on Business

DECEMBER 10, 2017

Technology isn’t a disruptor. Let’s face it, technology is only a disruptor to those who are not prepared to use it. Those who see technologies such as cloud, blockchain/distributed ledger, artificial intelligence, and machine learning as opportunities to modernize, reduce costs, and improve customer experiences, will be the leaders.

Fintech 115

Fintech social media Apple Google 115

PYMNTS

MAY 5, 2020

Open application programming interfaces (APIs) are playing an increasingly important role in the financial industry as the field grows increasingly digital. banks provide each other access to transaction data and account information to enable open banking. The European Union (E.U.) The European Union (E.U.)

Payments 200

Payments United States Software Cards 200

PYMNTS

OCTOBER 30, 2018

As a refresher, and as has been seen by PYMNTS, it should be noted that the data is available for AI platforms to adopt and adapt, to bring robo-advisors to consumers, along with the “wow” factor of anticipating what users want and need. Things are getting there, it seems. The security? Context In Context. Adjaoute gave an example.

Technology 161

Technology Maine Apple Data 161

PYMNTS

SEPTEMBER 18, 2020

And CNBC notes that, conversely, the KBW Bank Index is down by roughly a third. Accounts are FDIC-insured through a partnership with Bancorp Bank. The partnership model is an increasingly popular setup for financial technology startups that don’t have their own bank charters.

Los Angeles 231

Los Angeles UX Cards FDIC 231

Insights on Business

DECEMBER 27, 2017

You would be hard-pressed to find tech industry jargon spoken and written about as much as the secure ledger technology known as blockchain. While it is currently revolutionizing a number of industries , blockchain might as well be the word of the year in technology. The future of financial services: The cognitive bank”.

Fintech 129

Fintech blockchain Fraud United States 129

PYMNTS

MARCH 1, 2018

To find more news and insights, including more than 100 data points, check out the new Playbook by filling out the form below: [contact-form-7] About the Playbook. gauges where banks are on the road to becoming innovators. Meanwhile, 73 percent of top performers said their core systems were suitable. .

Innovation 101

Innovation Data System Survey 101

Gonzobanker

FEBRUARY 23, 2022

In this emerging landscape, financial institutions, often community banks, frequently “rent” their charter to financial technology firms (fintechs) that serve a specific consumer group as a means to grow non-interest income. More importantly, BaaS banks will need an I.T. Not sure where to begin?

Community Bank 118

Community Bank Strategy Risk Management Fintech 118

PYMNTS

SEPTEMBER 18, 2020

And CNBC notes that, conversely, the KBW Bank Index is down by roughly a third. Accounts are FDIC-insured through a partnership with Bancorp Bank. The partnership model is an increasingly popular setup for financial technology startups that don’t have their own bank charters.

Los Angeles 140

Los Angeles UX Cards FDIC 140

CB Insights

NOVEMBER 21, 2019

Download the CB Insights and PwC Canada MoneyTree report to see all the data. Finally, looking at Canadian “fintech” (financial technology) specifically, funding was up substantially in the first half of the year. Data is as of 10/8/2019. GET THE ENTIRE 41-PAGE CANADA VC REPORT H1 2019. in H1’19 versus $1.9B

Fintech 93

Fintech Marketing US Technology 93

PYMNTS

JANUARY 2, 2017

It was a busy year throughout the world of payments, with plenty of new technology making headlines along the way. Prpic and his team are hoping to use VR technology to transform luxury and high-end retail as we know it. DIGITAL BANKING TRACKER.

Retail 123

Retail Millennials blockchain Mobile 123

PYMNTS

DECEMBER 6, 2018

While exact data is sparse, credit unions (CUs) are often lumped into commentary about branch closures and their impact on small businesses. ” Like big banks, credit unions’ collaborations with FinTech firms are an investment in product and the small business customer experience, added Dryer.

Training 161

Training Fintech Lending Customer Experience 161

PYMNTS

APRIL 3, 2018

How to bring mobile banking to the realm of the spoken word – beyond the mere recitation of account data, beyond call and response? Banking is, of course, about more than account balances. Ideally, those actions should run the gamut of transactions and financial services, across payments and cards.

Mobile 124

Mobile Fraud New Mexico Examples 124

PYMNTS

JUNE 27, 2019

That has been the experience at CO-OP Financial Services , President and CEO Todd Clark told Karen Webster in a recent conversation. No matter their size, Clark said, all CO-OP’s credit union partners can benefit from diving into the digital space, and better insight into the best practices they need to best serve their members.

Payments 100

Payments ATM Lending United States 100

Insights on Business

FEBRUARY 19, 2016

My engagements with a number of global banks of various sizes over the past several months have been on one common agenda. What should be their strategy for Digital Banking transformation? What can banks learn from the FinTechs?

Fintech 132

Fintech Video Lending Industry 132

PYMNTS

FEBRUARY 29, 2016

Other key players in the adoption curve include government entities and financial institutions, says Bottomline Technologies Managing Director of Digital Banking Norm DeLuca. markets that could be slowing down the digitization of electronic B2B payments. Value Propositions.

Innovation 100

Innovation Fintech Tools Technology 100

PYMNTS

DECEMBER 12, 2016

Greg Midtbo, chief revenue officer at Moven, the financial technology company that developed and licensed MySpend to TD Bank, noted that many spending apps don’t easily pull together data from accounts at different institutions, making it hard for consumers to get a full enough picture.

Financial Technology 100

Financial Technology System Mobile Security 100

Jack Henry

AUGUST 13, 2014

These technology titans have the budgets and the users to create a first-class user experience and completely disrupt the way all of us view mobile banking and mobile payments. But can they focus enough to maintain what the banks and credit unions already know about this market? It is interesting, to say the very least.

Google 108

Google Mobile Apple Community Bank 108

Gonzobanker

MARCH 26, 2019

Game-changing mergers like the just-announced FIS/Worldpay agreement and the January Fiserv/First Data pending deal are creating bigger, more diversified vendors that banks and credit unions use for payments services. Payments in the Middle of Shareholder Value.

Community Bank 76

Community Bank Technology Payments Innovation 76

Independent Banker

OCTOBER 29, 2014

Large banks and nonbanks, merchants and technology companies are pressing to solidify their inroads into the financial transaction business. Research and everyday observation show how consumers are increasingly using mobile technologies. But how far are they willing to go to do their banking on small mobile devices?

Mobile 105

Mobile Community Bank Community Technology 105

Insights on Business

FEBRUARY 19, 2016

My engagements with a number of global banks of various sizes over the past several months have been on one common agenda. What should be their strategy for Digital Banking transformation? What can banks learn from the FinTechs?

Fintech 93

Fintech Video Lending Industry 93

Fintech Labs Insights

MAY 2, 2023

These the biggest and best events in the financial services space geared towards technologists, product managers, developers, marketers and C-Suite execs at both financial institutions and rival fintech firms. Note: Look here for the best insurtech events and here for more general banking events.)

Conference 29

Conference Las Vegas San Francisco Fintech 29

FICO

JANUARY 19, 2018

Through their own innovations and an overall advancement in technology, online retailers attracted customers away from legacy retailers with a wide variety of choices, low prices, and high convenience. Consumers Demand Personalized Digital Engagement from Banks, In Real Time, On Any Channel.

Analytics 45

Analytics Millennials Retail Data 45

Insights on Business

FEBRUARY 19, 2016

My engagements with a number of global banks of various sizes over the past several months have been on one common agenda. What should be their strategy for Digital Banking transformation? What can banks learn from the FinTechs?

Fintech 70

Fintech Video Lending Industry 70

Banking 2020

DECEMBER 3, 2015

Financial services organisations in China are expected to shine a light for the rest of the world when it comes to innovation in the banking sector in the coming years, with the primary drivers being non-traditional companies that are looking to develop new payment solutions and platforms. A transformed environment.

Innovation 40

Innovation Payments Lending Financial Technology 40

William Mills

SEPTEMBER 25, 2018

Very interesting to see what is coming to the mobile banking app. There are behavioral cues buried deep in the transactional data. If your bank can surface the insights, you can capture new opportunities. This is a white-label service available to any bank. Some data gets categorized via the tool.

Mobile 78

Mobile Customer Experience Lending Analytics 78

Lex Sokolin

MAY 25, 2020

There are, all of a sudden, a lot of deals being done across financial technology. So the first takeaway is that Personal Capital’s “hybrid advisor” cost base is unsurprisingly more expensive than a more digital roboadvisor. million people using data aggregation, and offer $100 million ($40 per lead). million people?—?an

Strategy 52

Strategy Fintech Capital Case Study 52

Insights on Business

FEBRUARY 19, 2016

My engagements with a number of global banks of various sizes over the past several months have been on one common agenda. What should be their strategy for Digital Banking transformation and what they can learn from FinTech innovation? What can banks learn from FinTech Innovation?

Fintech 70

Fintech Innovation Lending Video 70

CB Insights

MAY 15, 2019

DBS launched its Singapore innovation lab to break out of its “traditional banking mindset to think, behave, and deliver more like a technology company,” according to Neal Cross, chief innovation officer. Fidelity — Fidelity Center for Applied Technology (FCAT) and Fidelity Labs. Founded: 1999 and 2005. Founded: 2012.

Innovation 78

Innovation blockchain Technology Groups 78

NCR

FEBRUARY 7, 2017

If the past decade or so has taught us anything about the financial services industry, it’s to expect the unexpected, but that shouldn’t stop us from making some educated guesses about what 2017 could bring. With new technologies and consumer behaviors come new fraud threats. Self-service reinvention and modernization.

Trends 40

Trends ATM Fraud Course 40

William Mills

SEPTEMBER 12, 2017

Digital banking solutions for community banks and credit unions. A turnkey solution incorporating CRM, invoicing and payments into a simple solution for the business delivered through the bank’s digital banking solution. Digital banking is the new core.” MalauzaiMonkeys. ID_Analytics.

Samsung 69

Samsung Mobile User Experience Google 69

Fintech Labs Insights

JANUARY 24, 2017

Sales.UP: the power of big data analytics with pre-packaged insights, with the speed and knowledge of ecommerce. Braun worked in the retail banking technology industry in the past 15 years and more recently at technology vendors such as IND and Misys. Why it’s great. Presenters. Balázs Zotter, Head of Product Line.

Big Data 12

Big Data Analytics Financial Technology Tools 12