article thumbnail

Germany’s Central Bank Says Tech Presents Hurdles, Opportunities

PYMNTS

Bundesbank, Germany’s central bank, said increased use of financial technology in the country could present regulators with their biggest hurdle since the financial crisis, according to a report by Bloomberg. “We Supervisors don’t like moving targets.”.

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.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Making Digital Card Features Stick – And Sticky

PYMNTS

Piatt said card-present transactions have fallen by as much as 20 percent during the pandemic, but card-not-present transactions have bounced up by 40 percent. In other words, time is officially up for FIs to dither when it comes to digitizing. “It

Cards 283
article thumbnail

Why getting digital banking right could prove vital in the Gulf

NCR

Like many regions across the globe, the Gulf is currently going through a period of change in the banking industry, which is presenting challenges for local institutions but also creating opportunity. Digital demands. The post Why getting digital banking right could prove vital in the Gulf appeared first on Banking.com.

article thumbnail

Mobile in the time of digital

Celent Banking

In the past, Celent has praised the Bank of America mobile banking apps as some of the best out there. The bank has been going strong with its digital strategy for years, even closing branches and reducing overhead to drive adoption. Source: BofA Annual Reports/ Investor Presentations.

Mobile 100
article thumbnail

J.P. Morgan Looks Toward Payments Modernization

PYMNTS

Digitization strategies that were set forth well before the pandemic quickly proved instrumental in achieving those goals. Morgan makes strides in its own digital transformation journey, collaboration with FinTechs will be valuable in developing products and services to better address treasurers' shifting needs, too.

Payments 198
article thumbnail

The New Financial Paradigm

Cisco

In our event Oportunidades Emergentes: El nuevo paradigma financiero , we analyzed the great opportunities that arise for Latin America, as well as real experiences in terms of the growth of digital bank use and access to financial services by a greater number of clients.