Remove Digital Banking Remove Digital Strategies Remove Fintech Remove Online
article thumbnail

Lloyds Bank Marks $4.1B for Digital Strategy

Bank Innovation

British bank Lloyds has put aside £3 billion ($4.1 billion) for digital development and growth, the bank announced today. The investment will be spread out over three years, allowing the bank to expand its technologies in order to compete with the increasing number of fintechs and digital banking providers.

article thumbnail

Union Bank’s New Head of Digital Banking, Julie Demarigny, Talks Innovation

Bank Innovation

Not even a month has passed since Julie Demarigny, a veteran in digital entertainment industry having served Warner Bros. and Sony Music, has joined West Coast focused Union Bank as its head of digital banking.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Helping FI’s Develop Their ‘FinTech Sense’

PYMNTS

Everyone knows that digital and mobile services are key to success in the 2020s — not only in terms of more revenue, but also larger transformations. But that doesn’t mean all the players in payments and financial services have a solid or clear digital strategy.

Fintech 169
article thumbnail

Banks Should Make 2024 a True ‘Year of Digital’

Gonzobanker

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 Digitalstrategy. Choosing a new partner is no small feat.

article thumbnail

Who Owns Digital? Ugh, That’s the Problem for Bankers

Gonzobanker

When a bank operates this way, the focus tends to be around operational uptime, security, and incident management while insufficient attention is given to the end-user customer experience. Experience design is a specific skillset that is needed to steer the execution of a bank’s digital strategy.

article thumbnail

Making Digital Card Features Stick – And Sticky

PYMNTS

And FIs want to help consumers spend money in the places where they want to spend money — which, in the wake of COVID-19 — is largely online. In other words, time is officially up for FIs to dither when it comes to digitizing. “It Recreating The Card For A Digital-First World . Simple: Start with the cards.

Cards 283
article thumbnail

Goldman Sachs: Marcus Deposits At $97 Billion As 2020 Ends

PYMNTS

But the results also underscored the continued push into consumer banking, and specifically online banking. Loans tied to its cards should reach at least $20 billion in 2024, as the bank noted in an update to its strategic plan. Earnings per share came in at $12.08, while consensus had been at $7.47.