PYMNTS

NOVEMBER 20, 2020

Affirm has become just one of several FinTechs and platform companies to file for an initial public offering (IPO), revealing in an S-1 SEC filing that gross merchandise values (GMVs) are surging, while losses are narrowing. New Data: Banks Could Lose 20 Percent Of Customers Over Rewards.

Google 141

Google Payments United States Digital Strategies 141

PYMNTS

NOVEMBER 12, 2019

Innovation in the accounts payable (AP) space continues to expand, with FinTechs looking to capture their piece of a growing market driven by businesses’ desire to digitize their operations. billion valuation. Below, PYMNTS rounds up the latest examples of how AP innovators pull suppliers’ accounts receivable processes into the fold.

Innovation 124

Innovation Digital Strategies Payments Tools 124

Insights on Business

MAY 12, 2017

From pressures around data security, a constantly evolving regulatory environment, and disruptive new players (fintechs)—all amplified by cost pressures and diminishing margins—it’s clear that business models need to quickly adapt. We’ve been long saying that financial services firms today are undergoing a radical transformation.

Customer Experience 154

Customer Experience Fintech Analytics New York 154

Gonzobanker

MARCH 28, 2024

Fiserv has worked to consolidate multiple digital platforms, and after disappointments from previous aspirations of its Corillian, Retail Online Banking and Architect platforms, the company is now working to build credibility with its “Experience Digital” strategy.

Digital Banking 133

Digital Banking Customer Experience Strategy Exercises 133

Payments Source

DECEMBER 12, 2018

Banks have the opportunity to transform from being the trusted custodians of our money to being the trusted custodians of our data, writes Martijn Moerbeek, director of group digital strategy and innovation at Legal and General.

Digital Strategies 68

Digital Strategies Strategy Groups Innovation 68

Gonzobanker

MAY 31, 2019

article , former Small Business Administration administrator Karen Mills said community banks with strong small business customer bases that don’t find new ways to serve them digitally are going to face a “reckoning.” In a recent American Banker. While online lenders Kabbage and OnDeck lent $2 billion and $2.5 Taking Stock.

Lending 125

Lending Community Bank Community Data 125

PYMNTS

APRIL 18, 2017

“This growth and competition will force post and parcel organizations to become more digital to create the agility and flexibility they will need. And those same digital capabilities will be essential to creating the growth they’ll need to achieve high performance.”. More than 70 percent said they have a social media presence.

Big Data 100

Big Data Survey social media Industry 100

Abrigo

MARCH 6, 2017

4) @KarenGMills – Former SBA administrator in the Obama administration, Mills is now a senior fellow at Harvard Business School, writing and Tweeting about small business, lending and fintech. His Tweets mix news about middle market, small business and business internet banking with occasional pop culture references.

social media 150

social media Lending Community Community Bank 150

Insights on Business

MARCH 6, 2019

“AI is not going to replace managers, but managers who use AI will replace the managers who do not,” Rob Thomas, IBM General Manager of Data and AI predicted at IBM Think 2019. [1] Gartner credits this to the “maturation” of AI capabilities and how rapidly AI has become an “integral part” of digital strategies. [2]

Customer Experience 195

Customer Experience System Management Digital Strategies 195

PYMNTS

MAY 27, 2020

Banks, FinTechs and small business solution providers have rallied around the effort to ease the digitization transition. ” A Digitization Strategy. “Most … entrepreneurs start from a rather obvious step of website development,” he said.

Online 179

Online Payments User Experience How To 179

PYMNTS

DECEMBER 6, 2019

We have a deep dive into Colorado’s digital driver’s license effort and news on Alphabet’s new CEO, as well as data on millennial Black Friday spending. UK Digital Bank Monzo Taps Visa Exec as US CEO. Monzo , London’s digital unicorn, has appointed TS Anil to head U.S. Top News . operations. Curing the $2.4T

Millennials 101

Millennials Colorado Google Leadership 101

Insights on Business

MAY 3, 2019

As the rise of digitalization continues to transform wealth management, and firms attempt to keep pace, the ways in which financial advisors and clients interact are evolving as well. Transforming data into specialized content. No surprise, data plays a huge part serving up personalized, tailored advice.

Management 87

Management Data Meeting Branding 87

Gonzobanker

JULY 6, 2021

My colleague Steve Williams observed in What’s Going On In Banking 2021: Rebounding from the Pandemic , “Many banks that were taking an incremental approach to digital were shocked into reality during 2020, and executives realized greater investment and faster transformation is needed to stay relevant.”.

Strategy 155

Strategy System Risk Management Technology 155

Gonzobanker

MARCH 24, 2021

If they want to survive, financial institutions need to provide a data-driven, targeted experience that delivers customized, useful products and services to customers. At some point, almost every fintech company has written off an investment or expenses. Customers want easy and early access to their money with no overdraft fees.

Customer Experience 128

Customer Experience Strategy Community ATM 128

Fintech Labs Insights

JULY 8, 2016

Proving that data is power when it comes to marketing, two Finovate alums with massive amounts of data have combined forces. Neustar and Experian began working together late last month to pool their data to help marketers find and onboard customers. The companies are calling it a “digital data exchange.

Data 15

Data Marketing Virginia Digital Strategies 15

FICO

AUGUST 19, 2022

They have all of the advantages – huge customer bases, broad portfolios of offerings, and decades to detailed customer data – and yet, their customer defections are at an all-time high. Worse, smelling blood in the water, venture capitalist are pouring record amounts of investment into the next generation of fintechs and insurtechs.

Customer Experience 52

Customer Experience Analytics Strategy Management 52

NCR

MAY 4, 2018

As far as particular technologies are concerned, 64 percent of respondents said they would be investing more in areas such as data and analytics , process automation, cognitive technologies and blockchain. Leaders must have the necessary knowledge and skills to plan and execute an effective digital strategy.

Customer Experience 74

Customer Experience Digital Strategies Leadership Technology 74

PYMNTS

JUNE 11, 2018

Far-reaching data protection regulations like PSD2 are both a consequence and catalyst of change in how financial service providers store, manage and use data. As banking services and products digitize, that means institutions have more data to handle – much, much more – impacting everything from compliance to customer relations.

Data 100

Data Management Analytics Compliance 100

Fintech Labs Insights

JANUARY 19, 2016

A look at the companies demoing live to 1,500 fintech professionals. Its award winning software helps banks across the world improve and expand their digital banking user experience. An interaction and information designer with a special focus on financial data and digital banking. Register today. .

User Experience 12

User Experience Digital Strategies Software Digital Banking 12

Fintech Labs Insights

MARCH 31, 2016

A look at the companies demoing live to 1,500+ fintech professionals May 10 & 11. Andrew has 10 years of digital strategy & execution experience. At Neustar, he focuses on large Fortune 100 FinServ & Retail clients, as an advisor on marketing technology, data strategy & test design. Register today.

Digital Strategies 12

Digital Strategies Strategy Online Marketing 12

PYMNTS

SEPTEMBER 21, 2020

Tink enables FinTechs to access customers’ financial data. Access a broad range of high-quality financial data from banks across Europe through a single API (application programming interface).”. The release added that the deal “strengthens Tink’s connectivity coverage and solidifies its market-leading position in the U.K.”

Digital Strategies 180

Digital Strategies America Fintech National 180

PYMNTS

DECEMBER 3, 2020

As a B2B Software-as-as-Service (SaaS) organization, 6Sense is a digital-first company with an emphasis on Big Data and automation capabilities. But digitization is an ever-evolving goal, and one that for many organizations — 6Sense included — changed as a result of the pandemic. FinTech Adoption: Challenges And Opportunities.

Fintech 181

Fintech Technology Payments Tools 181

Fintech Labs Insights

AUGUST 11, 2016

Braintree earned the top spot in the Payment APIs category for its payments platform technology, and Finicity won first place in the Finance APIs category for its Financial Data API with TxPUSH. Finovate and FinDEVr alums Braintree , Finicity and Twilio won recognition at the API World Awards sponsored by API World 2016.

San Francisco 12

San Francisco Utah Case Study New York 12

Insights on Business

JULY 1, 2019

The former was the domain of customer care professionals, contact center managers, marketing leaders and digital strategy teams with the goal of helping streamline and simplify products and services, as well as ensure proper resolution of customer issues post-purchase. Seeing customer feedback as a data source.

Compliance 96

Compliance Customer Experience Analysis Data 96

Gonzobanker

DECEMBER 5, 2018

CorePro (from Social Money acquisition ) brought a platform that fintechs and banks can use to gather deposits and provide PFM-like capability. Add this string of purchases to what Q2 developed internally, including: Digital transactional banking: Retail, small business, and commercial customers on a single platform across all device types.

Fraud 104

Fraud Austin Fintech Lending 104

PYMNTS

DECEMBER 15, 2017

With Assemble, Mastercard aims to give issuers a set of tools that will help them, well, assemble all of those functions into a single place, so that these account holders have a single view into their finances – with the goal of making prudent spending and saving decisions based on actual account data. So, why prepaid and not debit?

Millennials 134

Millennials Management Cards Security 134

CB Insights

JANUARY 6, 2019

From supply chain and inventory improvements to new payment options, these brands are going all in on digital. You can see our list of 30 fintech-focused corporate innovation labs here. Pilot testing of these centers is ongoing to collect data on how to improve in-store customer experiences. Founded: 2006. Founded: 2015.

Innovation 77

Innovation Retail Branding Technology 77

Lex Sokolin

SEPTEMBER 23, 2020

The start-up is claiming to be EBITDA-positive, thereby reaching an amount of (basic) profitability that many fintech companies lack. What is missing is the connective narrative that makes sense of the data points. In 2018, over $1 trillion was spent by corporations on digital transformation projects. Of course not.

Capital 52

Capital Software Lending Apple 52

Fintech Labs Insights

MAY 24, 2016

For Personetics , an Israel-based company making its Finovate debut earlier this year, the three pillars of personalization are real-time access to transaction data, predictive analytics, and best practices – knowing what works and what doesn’t. The first is the ability to access transaction data and do it it in real-time.

Analytics 14

Analytics Data Examples America 14

CB Insights

MAY 15, 2019

As fintech plays a larger role in the financial ecosystem, companies are looking for ways to use tech to solve problems and find new opportunities in the space. The labs aim to help Deutsche Bank evaluate and adopt emerging technologies, develop a culture of innovation, and contribute to the bank’s digital strategy.

Innovation 78

Innovation blockchain Technology Groups 78

PYMNTS

DECEMBER 28, 2016

The data revealed that SME loan approval rates at big banks were at an all-time high, hitting 23.7 The Office of the Comptroller of the Currency establishing a new set of guidelines for FinTech players becoming FinTech banks will lead to greater clarity on the regulatory side. percent in November.

Lending 111

Lending Regulation Guidelines Trends 111

Fintech Labs Insights

DECEMBER 5, 2016

We are proud to be working with companies such as Mastercard and USAA, Atom Bank, Nequi, Banco Neon, SMBC, NTT Data, and Equiniti who are giving their customers the freedom to choose how they authenticate when they bank or make a payment which is empowering and, frankly, more simple, convenient, and secure.

Security 12

Security Mobile Technology Virginia 12