BankInovation

FEBRUARY 26, 2024

BNY Mellon has appointed Julie Gerdeman as its global head of data and analytics. Gerdeman will be responsible for managing software and data for nearly $47 trillion of assets managed by BNY, according to a Feb. 20 release.

Analytics 112

Analytics Data Software Management 112

PYMNTS

NOVEMBER 17, 2020

Lumin Digital announced today (Nov. 17) that it will provide Los Angeles Federal Credit Union (LAFCU) with its cloud-based online and mobile digital banking platform, according to a press release emailed to PYMNTS.

Los Angeles 192

Los Angeles Digital Banking Analytics Mobile 192

Perficient

DECEMBER 2, 2020

“Having a Balance With a Bank Doesn’t Make You a Customer.”. Our financial services team recently spoke with the great Jim Marous, the co-publisher of The Financial Brand and the publisher of the Digital Banking Report. Open accounts digitally without the need to sign papers in person. But most fail.

Data 294

Data Customer Experience Case Study Branding 294

BankInovation

JANUARY 9, 2024

Bank of America added data insights to its CashPro platform as corporate and commercial clients asked for real-time treasury management functionality.

America 63

America Data Digital Banking Management 63

PYMNTS

OCTOBER 2, 2020

And in innovation, Banking-as-a-Service (BaaS) is making it simpler for companies and FinTechs to create functions for sending and receiving payments in addition to managing banking data. All this, Today in Data. Data: $86B: Estimated spend on in-car commerce by 2025. 25%: Share of U.S.

Innovation 167

Innovation Digital Banking Data Fintech 167

Independent Banker

NOVEMBER 30, 2022

As community banks grow, their vendor partnerships usually also do, which can lead to challenges with organization, data security and more. To address these issues, some community banks have turned to artificial intelligence. If a community bank has just a handful of vendors, managing those vendors is fairly straightforward.

Management 91

Management Community Bank Community Data 91

FICO

MARCH 1, 2022

Following the highly successful The 11 Commandments of Digital Banking eBook , we are kicking off a series of 5 deeper dive blog posts that group the 11 Commandments below into common themes. Digital lift-and-shift is not a strategy! Respect the data. Respect the Data. Customer-level data (i.e.,

Digital Banking 52

Digital Banking Data Customer Experience eBook 52

PYMNTS

OCTOBER 1, 2020

The great digital shift is transforming credit cards into money management tools. To get there, she explained, the consumer experience has to be consistent across the cardholder lifecycle, from onboarding to transaction data all the way through to the way balances and financial details are transmitted back to users.

Cards 249

Cards Management Tools Guidelines 249

PYMNTS

OCTOBER 1, 2020

In Barclays ’ newest bank-FinTech collaboration, Barclays Business Banking will team with asset finance provider Propel to provide vehicle and equipment finance through a digital platform to SMBs. Wells Fargo & Envestnet. Wells Fargo will start to roll out the experience with select Envestnet | Yodlee clients this year.

Fintech 228

Fintech Data Risk Management Management 228

Gonzobanker

OCTOBER 13, 2020

For these institutions, digital strategy should be focused on a disciplined allocation of resources and a management team obsessed with understanding performance, competition and the voice of the digital customer. Best practice institutions are not managing the digital shift in a reactive fashion.

Strategy 156

Strategy Digital Banking Digital Strategies Mobile 156

PYMNTS

DECEMBER 18, 2020

A month after its purchase by Mastercard was cleared by the Department of Justice (DOJ), open banking platform Finicity announced on Friday (Dec. 18) that it has signed a data access agreement with Brex , a company that provides financial services that help scale early-stage businesses.

Data 242

Data Leadership Innovation Fintech 242

PYMNTS

OCTOBER 21, 2020

Lumin Digital offers customized integrations to help banks and credit unions enhance their relationships with customers and members. . Jeff Chambers, founder and president of Lumin Digital, said the company is happy to have Interra’s confidence as a digital banking partner. .

Digital Banking 150

Digital Banking San Francisco Indiana Analytics 150

PYMNTS

APRIL 23, 2020

Banks looking to meet customers’ standards must have a holistic view of the digital experience and consider all aspects of their operations rather than prioritizing one over another, according to KeyBank Executive Vice President and Head of Digital Banking Jamie Warder. “We Knowing the Customer.

System 226

System Digital Banking Guidelines Online 226

PYMNTS

OCTOBER 18, 2018

In search of added convenience and simplicity, banking customers are migrating to online and mobile banking interfaces, leaving in-person visits to brick-and-mortar branches behind. Around The Digital Banking World. Westpac , one of Australia’s “Big Four” FIs, for one, is rolling out new omnichannel banking offerings.

Fraud 178

Fraud social media Data Trends 178

PYMNTS

NOVEMBER 23, 2018

In banking and payments architecture, especially in the digital realm, a corollary might be “form and function co-exist, and should be flexible enough to change rather quickly.”. He offered as another example the ability to pay an energy bill — and find out through real-time data what the average rate is for a given suburb.

Digital Banking 134

Digital Banking Mobile Data Marketing 134

PYMNTS

FEBRUARY 21, 2020

The LendingClub announcement follows the news that mobile bank Varo received approval from U.S. regulators to secure a national bank charter, in turn clearing the runway for the entity to accept consumer deposits. Data breaches: MGM has admitted to a 2019 hack , where 10.6 million guests’ data was compromised.

Digital Banking 224

Digital Banking Conference Samsung Fintech 224

PYMNTS

AUGUST 4, 2020

The writing has been on the wall: PYMNTS research has found that though most people are satisfied with their in-place relationships with banks, only about 40 percent of people would be “extremely” or “very” likely to bring their banking relationships to Big Tech or FinTechs. 4, behind PayPal, Amazon and Walmart.

Google 298

Google Digital Banking Course Branding 298

PYMNTS

NOVEMBER 20, 2019

This rampant availability of users’ data makes it easier for bad actors to wreak havoc and commit fraud. ” The FI is combating global fraudsters’ sophistication with technology like AI, as well as educational seminars for both its business and retail banking customers. It is estimated that more than 4.1

Fraud 117

Fraud Data Management Analytics 117

PYMNTS

NOVEMBER 22, 2020

Raiffeisen , the third-largest Swiss banking group, has joined up with software provider CoCoNet to launch a payment and cash management service for companies, a statement says. Switzerland has generally been ahead of the game in the world of digitizing payments, but other countries have begun looking at ways to speed things up.

Management 193

Management Payments Groups blockchain 193

PYMNTS

FEBRUARY 14, 2020

In the supply chain management and visibility space, Shippeo , which operates in Europe, raised €20 million ($21.7 Additional participation came from Partech and Bpifrance Digital. Starling Bank. digital bank Starling Bank said it raised £60 million (more than $ 78 million USD) in funding. In the U.K.,

Digital Banking 131

Digital Banking Capital Risk Management Operations 131

PYMNTS

NOVEMBER 24, 2020

The pandemic is reshaping banking. Generationally, we’re seeing individuals who maybe weren’t accessing their card accounts or their banking accounts on a regular basis through digital,” he said. Getting Customers Used To More Self-Service.

Digital Banking 267

Digital Banking Analytics Mobile Cards 267

Bank Innovation

APRIL 10, 2019

The key to delivering that promise for BBVA, or any digital bank, for that matter, is data. Data is the present […]. BBVA Compass, the U.S.

Data 170

Data Digital Banking Operations Management 170

FICO

JANUARY 11, 2022

Last year we published a highly successful The 11 Commandments of Digital Banking eBook that introduced the 11 commandments: Digital lift-and-shift is not a strategy! Respect the data. Digital Lift-and-Shift Is Not a Digital Banking Strategy. Friction – not inherently good or evil.

Digital Banking 98

Digital Banking Customer Experience eBook UX 98

PYMNTS

JUNE 3, 2019

For credit unions (CUs), data analytics can deliver that insight, helping them to more effectively address their members’ specific needs, and informing CUs of the products and services that can deliver the most effective returns on their investments. percent of CUs that did not focus on data analytics. For example, 91.7 Meanwhile, 80.6

Analytics 150

Analytics Innovation Data Fraud 150

PYMNTS

APRIL 24, 2020

COVID-19 has closed bank and credit union (CU) branches across the United States, sending the demand for digital banking solutions soaring as consumers hop online to manage their finances from home. However, CUs are not the only financial institutions (FIs) looking to offer digital banking innovations to their members.

Data 187

Data Innovation Digital Banking Meeting 187

Abrigo

JUNE 4, 2024

You might also like this on-demand webinar, "Navigating uncertain times: Strategies for risk management and compliance." watch now Takeaway 1 Banking professionals face challenges posed by interest rate changes. Panelist Melissa Marsal , President and CEO of West Town Bank & Trust, emphasized the importance of vigilance.

195

195

PYMNTS

OCTOBER 11, 2018

Europe’s largest banks have landed in the hot seat, thanks to a recent Fortytwo Data report that found 90 percent had been sanctioned for money laundering activities. Now, a new report is shining a spotlight on European banks’ lackluster performance in another area: small business (SMB) services. In the U.K.

Digital Banking 172

Digital Banking Survey Online Report 172

PYMNTS

MAY 26, 2017

Going forward, BoA has announced it will be working with financial data aggregators to give their customers a greater ability to connect their banking information with third-party financial management applications.

America 158

America Data Security Strategy 158

PYMNTS

APRIL 1, 2020

Data is everything to digital-first banks. Customer interactions offer financial institutions (FIs) invaluable information about consumers’ financial lifestyles as well as their needs as a whole, and banks that fail to harness these insights risk falling behind their data-savvy competitors.

Analytics 130

Analytics Data Fraud System 130

PYMNTS

NOVEMBER 4, 2019

PSCU, a national payments credit union service organization, is teaming up with dispute management firm Lean Industries to process disputes, PSCU announced in a press release on Monday (Nov. The company will leverage Lean Industries’ AdjustmentHub and NetworkHub solutions to manage dispute services. “As billion transactions annually.

Industry 101

Industry Management United States Risk Management 101

PYMNTS

MARCH 19, 2019

Ferrabee said that, as payment methods proliferate, there is still work to be tackled amid an ongoing effort to marry payment efficiencies and safety to a digital cash transformation. As we’ve moved from the analog to digital rail, he told Webster, mistakes have happened and breaches have occurred. Digitizing The Benefits Of Cash.

Data 216

Data Payments United States System 216

PYMNTS

SEPTEMBER 19, 2019

Financial institution Wells Fargo is partnering with data platform Plaid to offer customers the option of managing their finances in one place using an application programming interface (API), Wells Fargo said in a press release on Thursday (Sept. The new agreement also enables users to control what data is shared with Plaid. . “We

Data 131

Data Management Fintech Security 131

FICO

APRIL 7, 2022

Following the highly successful The 11 Commandments of Digital Banking eBook , we are publishing a series of 5 deeper dive blog posts that group the 11 Commandments below into common themes: Digital lift-and-shift is not a strategy! Respect the data. Friction – not inherently good or evil.

Digital Banking 52

Digital Banking Security Fraud America 52

PYMNTS

MARCH 2, 2020

Big Tech, FinTech and neo-banks are increasingly there to lap up the opportunities innovation is presenting to offer an alternative path to financial services. And according to the data — consumers are increasingly warming up to the idea of taking them up on that offer. According to PYMNTS data, 62.8 percent of IT-enabled banks.

Innovation 222

Innovation Data System Mobile 222

PYMNTS

AUGUST 16, 2018

According to a survey conducted last year by the Global Association of Risk Professionals (GARP), 88 percent of bank executives believe AI and ML adoption could provide “a foundational change” for risk management. The question becomes how you use those strengths and capabilities, and that’s really up to each individual bank.”.

Digital Banking 101

Digital Banking Fraud Data Tools 101

PYMNTS

APRIL 30, 2020

CUs that are adapting to an online-only banking reality thus also have to keep an eye out for more fraud schemes and are turning to technologies such as machine learning (ML) and data analytics to keep online data and transactions as secure as possible. Deep Dive: Emerging CU Fraud Threats And How Data Analytics Can Help.

Data 188

Data Meeting Arizona Analytics 188

Banking Exchange

JANUARY 20, 2021

A cherished and often differentiation-inspiring culture that demands employees provide each other with in-person support to pass down generations of business knowledge Management Feature Human Resources Duties Tech Management Online Mobile Big Data Technology Feature3.

Digital Banking 78

Digital Banking Big Data Resources Mobile 78