Perficient

MAY 28, 2020

While it’s true that 5G has the potential to profoundly change the banking industry and be a more significant transformation for mobile technology than earlier generations, it’s also true that potential use cases, from connected payments to augmented reality, are unlikely to take place immediately. Dust Off Those Old App Ideas.

Mobile 340

Mobile Customer Experience Tools Data 340

PYMNTS

DECEMBER 29, 2020

Social distancing and stay-at-home mandates threw normal business operations into disarray and forced CUs to adapt on the fly to meet consumers’ newfound digital preferences and give staff the tools needed for remote operations. The CU tapped its security and technology divisions to receive the guidance and equipment to make this a reality.

Capital 190

Capital Operations Mobile Innovation 190

PYMNTS

NOVEMBER 30, 2020

Emirates National Bank Dubai (Emirates NBD), the online banking company, has launched its omnichannel platform for small companies called businessONLINE. Some of the functions include integration with many technology partners. Facebook's Libra to Make 2021 Debut as Single, Dollar-Backed Coin.

National 148

National cryptocurrency Digital Banking Fraud 148

FICO

MAY 28, 2021

We may be at an inflexion point for the use of apps to open accounts digitally. Each country surveyed is on its own path towards using digital means to open financial accounts, there was definitely variation, particularly between growth and established economies. by Sarah Rutherford.

Survey 52

Survey Digital Banking Trends Comparison 52

Celent Banking

APRIL 25, 2016

As part of its strategy to position the bank as different and innovative they launched this advertising campaign featuring Usain Bolt. As part of a strategic definition in 2013 the bank started a ~$152M investment over the period of 3 years to become a digital bank. They launched in March of this year.

America 100

America Digital Banking Strategy Fintech 100

PYMNTS

APRIL 6, 2016

Steggall, for his part, believes that the evolving level of digital elements and platforms available to financial institutions has “definitely put them in a position where they can be part of the ecosystem and be considered equals.”. It’s something that Steggall has begun to see banks grappling with. Who’s Leading the Way.

Technology 100

Technology Innovation Course Security 100

Perficient

DECEMBER 2, 2020

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. Having a balance with a bank doesn’t make you a customer.” Sure, by definition, a bank recognizes you as a customer. A lack of technology?

Data 294

Data Customer Experience Case Study Branding 294

PYMNTS

NOVEMBER 5, 2020

Two SMB BaaS companies secured new funding, while FinTech Wise says it is ushering in a new definition of open banking with its embedded banking functionality. Meanwhile, Prime Trust launches a new portal for banks to manage crypto, and Radius Bank releases its own API-powered developer sandbox.

Fintech 258

Fintech Lending Software Security 258

PYMNTS

AUGUST 3, 2020

Webster told panelists that that leads to an obvious question: On a scale of one to five, how close are financial institutions (FIs) getting to actually helping consumers on their journeys to digital-first lifestyles? You’ve got to unwire the whole enterprise — both its technology stack and its culture.”. That’s a 2.75

Apple 269

Apple Mobile Innovation Fintech 269

PYMNTS

MARCH 2, 2020

In other news, cash recyclers are nowhere near as sexy as ITMs, but they do enable ATMs to require less frequent cash fill-ups, and that’s digital-first thinking, even if it’s not the pure-play definition of digital-first banking. In the U.K., The High Price of a Good Experience.

ATM 191

ATM Millennials Retail Video 191

Abrigo

AUGUST 26, 2019

The community bank model is built around customer service, but for many bank and credit union customers, the definition of “good service” has been changing over the last couple of decades. customers than traditional retail banks earned in the firm’s study of retail banking satisfaction.

Conference 150

Conference Lending Oklahoma Alabama 150

PYMNTS

FEBRUARY 21, 2019

Such is the case in financial services, where “ FinTech ” is often used to describe financial technology vendors. “A A firm that offers financial technology is not necessarily a FinTech,” said Provenir Managing Director Paul Thomas, who thinks the distinction between the two needs to be clearer.

Fintech 189

Fintech Financial Technology Technology Industry 189

Cisco

APRIL 12, 2022

According to PwC’s 2021 Digital Banking Consumer Survey, two in three customers find branches to be meaningful channel to interact with their bank and 35% say that they would not use a bank that doesn’t have a nearby location. This is where Cisco technology can help. Empower the branch.

America 105

America Customer Experience Operations Survey 105

PYMNTS

FEBRUARY 14, 2020

But as banking becomes ever-more mobile, and account openings and activities are done through digital channels, the very definition of support – and how it should be provided – is changing. However, they had nothing within their mobile or online banking that explained the offer or, more importantly, how to sign up.

Branding 228

Branding Mobile Tools Fintech 228

Javelin Strategy & Research

NOVEMBER 7, 2023

Banner Section Home Rss.xml 2024 Trends & Predictions Javelin’s Trends & Predictions reports look at the coming year across the range of Javelin Strategy & Research’s practice areas—digital banking, fraud & security, payments, and wealth management—and highlight the compelling challenges and opportunities likely to emerge.

Trends 45

Trends Fraud Digital Banking Strategy 45

Fintech Labs Insights

NOVEMBER 10, 2023

Consumers have been banking online for 28 years. And from the very beginning, there have been pure-play digital banking startups. The first, online bank Security First Network Bank (SFNB) launched in 1995, just a year after Amazon.com. But unlike ecommerce, digital-only banking was slow to catch on.

Digital Banking 15

Digital Banking Online Atlanta Las Vegas 15

FICO

JANUARY 25, 2021

Customer identity management is a term that is subject to a number of definitions. This is primarily about ensuring correct use of resources and relies on policies, roles, and permissions to help implement technological mechanisms to allow or restrict access. It’s important to note the differences. by Doug Clare.

Management 98

Management Fraud Customer Experience Compliance 98

Gonzobanker

FEBRUARY 20, 2021

GonzoBanker mothership Cornerstone Advisors’ recent What’s Going On In Banking 2021 research points to digital account opening being the top bank tech replacement priority in mid-size banks for the third year in a row. Digital banking providers answered the demand with digital account opening solutions.

Digital Banking 97

Digital Banking Lending ATM Atlanta 97

PYMNTS

JULY 25, 2019

CEO for German-native, fully digital, mobile-first challenger bank N26. There’s definitely a benefit to having a global setup when it comes to fraud, because some of these fraud schemes are very elaborate, but… they [also] happen everywhere around the globe,” Kopp said in a recent interview with PYMNTS.

Fraud 164

Fraud Marketing US Resources 164

PYMNTS

MARCH 4, 2020

In a Masterclass conducted by Karen Webster, Norm DeLuca, managing director of banking solutions at Bottomline Technologies , said banks must put corporate clients at the center of their digital transformation roadmaps, helping those enterprises capitalize on the competitive advantage fostered by advanced technologies.

User Experience 203

User Experience Data Fintech System 203

Gonzobanker

JULY 6, 2021

It has become crystal clear that digital transformation is now the largest technology initiative for regional and community financial institutions. But it is definitely time to make a strategic decision and move forward with a plan. At least, not right now. appeared first on Gonzobanker.

Strategy 156

Strategy System Risk Management Technology 156

PYMNTS

NOVEMBER 20, 2019

Cybercriminals are commonly using the same technologies to design and develop nefarious attacks, such as the botnet Mirai and malware like Deep Locker, which used AI and facial recognition to identify targets through factors like geolocation and online behavior. “I

Fraud 117

Fraud Data Management Analytics 117

Bobsguide

SEPTEMBER 29, 2022

“This partnership puts ASL’s unified DevSecOps services and Finastra’s industry-leading treasury solution under one roof, aligning with our mission to provide innovative and comprehensive IT services and solutions through the adoption of leading-edge global technology,” said Teresa Lau, Senior Vice President, Automated Systems (H.K.)

Software 68

Software Groups United States System 68

The Financial Brand

APRIL 8, 2015

As the discussion around the definition of digital banking continues, two industry leaders debate the best structure for the digital ''bank of the future''. Mobile Strategies Technology Strategies Brett King mBank Michael Panowicz Moven'

Digital Banking 12

Digital Banking Strategy Mobile Industry 12

PYMNTS

JULY 24, 2020

. “Most of our members are not located in locations where we have physical offices or a presence,” he explained, “so that digital channel has always been important, whether through call centers, digital banking, or other ways.”

Innovation 201

Innovation Payments Leadership National 201

Javelin Strategy & Research

JANUARY 12, 2022

Banner Section Home Rss.xml 2022 Trends & Predictions Javelin’s Trends & Predictions reports look at the coming year across the range of Javelin Strategy & Research’s specialty areas—digital banking, fraud and security, payments, and wealth management—and highlight the compelling challenges and opportunities likely to emerge from each.

Trends 40

Trends Fraud cryptocurrency Austin 40

BankBazaar

JUNE 3, 2020

Considered to be a more nimble version of old-fashioned banking, neo-banks appeal to a more digital-savvy generation like millennials. In India, there are at least eight such banks among which some notable ones are Razorpay X, Niyo Solutions, Open, etc. The post What Is A Neo-Bank? Explore BankBazaar.

Regulation 127

Regulation Cards Millennials Maine 127

Accenture

FEBRUARY 22, 2017

Following on from my previous blog introducing the new year in the Fintech Innovation programme, I wanted to turn the focus onto the emergence of RegTech—technologies that address the challenge and cost of regulatory compliance. In such a fast-moving field, the definition of RegTech is fluid.

Compliance 150

Compliance Regulation Innovation Fintech 150

Accenture

FEBRUARY 22, 2017

Following on from my previous blog introducing the new year in the Fintech Innovation programme, I wanted to turn the focus onto the emergence of RegTech—technologies that address the challenge and cost of regulatory compliance. In such a fast-moving field, the definition of RegTech is fluid.

Compliance 150

Compliance Regulation Innovation Fintech 150

PYMNTS

AUGUST 5, 2019

It seems fraudsters have found a rich vein that exploits the same technology deployed by banks to make cashing checks less of a hassle for their customers, enabling remote mobile check deposits tied to their digital banking apps. And remote deposit technology simply turbocharges those vulnerabilities. Here’s how.

Fraud 162

Fraud Payments Mobile Handbook 162

Fintech Labs Insights

NOVEMBER 22, 2021

So who are the best business banks? Let’s start with a definition. I don’t believe they need to be regulated as a bank as long as they facilitate the big three products under one UI: deposits (e.g., Under that definition, PayPal is a business bank as is Square and Amazon. Mercury Technologies. Redwood Bank.

San Francisco 15

San Francisco Digital Banking Online Fintech 15

Fintech Labs Insights

NOVEMBER 22, 2021

So who are the best business banks? Let’s start with a definition. I don’t believe they need to be regulated as a bank as long as they facilitate the big three products under one UI: deposits (e.g., Under that definition, PayPal is a business bank as is Square and Amazon. Mercury Technologies. Redwood Bank.

San Francisco 15

San Francisco Digital Banking Online CA 15

PYMNTS

JULY 8, 2019

The system has always had its flaws, noted Alain Meier, CEO of Cognito – but in a pre-digital banking world where onboarding was a multi-day process, it wasn’t completely out of step with modern practices. The entire world has gone digital – particularly when it comes to commerce and financial services.

Compliance 202

Compliance Data System Fintech 202

PYMNTS

APRIL 10, 2018

By the numbers, digital banking is — and is not — extremely popular with consumers of all stripes. According to the latest edition of the PYMNTS Digital Banking Tracker, when it comes to some tasks, consumers are clearly comfortable with leaving the physical world behind and making the digital conversion.

Mobile 101

Mobile Digital Banking Millennials Online 101

Celent Banking

OCTOBER 12, 2016

This is the definition of operational risk. Cyber risk is typically treated in parallel with other technology risks; the IT department is motivated to focus on securing the vulnerabilities of individual system components and proffers a micro view of security concerns.

Risk Management 100

Risk Management Operations Management Security 100

PYMNTS

DECEMBER 30, 2020

Instant payment systems have been launching in countries around the world as financial institutions (FIs), governments and various payment organizations seek to introduce technologies that can sate businesses’ demands for more streamlined exchanges of money with plenty of payments data.

System 161

System Payments Fintech User Experience 161

PYMNTS

JUNE 12, 2018

For banks, beyond the vagaries of interest rates, income depends in part on managing costs. In its starkest definition, the efficiency ratio is operating expenses divided by revenues. A lower ratio means the bank is operating with better cost control. Manage them well, and margins get a boost. One way to boost efficiencies?

Operations 122

Operations America Conference Course 122