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5+ Areas Financial Institutions Must Focus on in the Current and Post-COVID-19 Era

Perficient

Digital Banking : Demand for digital banking has accelerated over the last 6+ months and should be a top priority for financial institutions. COVID-19 has changed both customer behavior and expectations, leaving them no choice but to use digital and contactless for their financial interactions.

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The Tale of the Digital Banks

Gonzobanker

Yet while the demos and screen shots at events like Finovate have provided fascinating fodder regarding the future of digital banking, the FACTS show that these buzz-worthy players have had infinitesimal impact on market share. Bancorp Bank (Simple/PayPal et al) 1,495,558 4,499,959 3,004,401. billion in 2010.

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Watch 10 Fintech Startups Pitch at FIS Demo Day 2020 (April 14)

Fintech Labs Insights

In the past 5 years, FIS’s accelerator has helped 57 startups find product/market fit in the difficult-to-get-started fintech world. Cirrus Secure 7-minute demo @FIS Fintech Accelerator Demo Day. Sample Clients – Zions Bank – NBH BankBank of the West (BNP Paribas) – Byline Bank – ConnectOne Bank.

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Watch 9 Fintech Startups Pitch at Techstars & Western Union Demo Day (Oct 2020)

Fintech Labs Insights

On Oct 7, Techstars hosted a virtual demo day of its special accelerator class built with help from Western Union. Description: Alternative credit scoring and lending in emerging markets. Description: Alternative credit scoring and lending in emerging markets. Envel is the New Simple Bank (Fintech Startup of the Week).

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FinovateFall 2018 Live Blog – Day 2

William Mills

3 second demo – combination of two methods for password – key/password and voice. Voice reads key and then can access the dashboard manager where you can then log into a variety of apps like Credit Karma, Amex, Bank, etc. Demoing from BofA chatbot that could not tell the user’s identity. 09:15 am MuniRisk.

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NCR Acquires Terafina – So What?

Gonzobanker

The pandemic continues to grow demand for digital self-service capabilities. The banking competitive landscape has intensified with digital challenger banks like Chime and Varo picking up market share in a digital-first environment already favoring megabanks like Chase and BofA. There is no going back.

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Recap of Money 20/20 USA 2023 and 10 Banking Thoughts

South State Correspondent

In this article, we detail our thoughts and the trends we saw last week in Las Vegas from a banking perspective in hopes of giving you the flavor and insight from the conference without you having to walk 10 miles per day and listen to endless vendor pitches. Below is a breakdown of all 300 sessions, less the demos and sales pitches.