PYMNTS

SEPTEMBER 23, 2020

That left FIs scrambling to “rapidly figure out how to get that same emotional and engagement outcome when the possibility of face-to-face is virtually nonexistent,” Randy Piatt , head of product solutions at card technology firm Ondot Systems , told PYMNTS in a recent conversation.

Cards 283

Cards Meeting Mobile Digital Strategies 283

Gonzobanker

JULY 6, 2021

As information technology departments move from being the provider of all technology services to orchestrator of technology innovation, chief information officers are rightfully asking, “How do we reinvent ourselves in this digital age when we’re saddled with legacy tech debt of 30-year-old, difficult-to-integrate, flat-file-based core systems?”.

Strategy 157

Strategy System Risk Management Technology 157

Bobsguide

SEPTEMBER 5, 2022

Other banks have taken different approaches, including the use of video banking. The use of such video has increased access to financial services and provided assistance for customers who perhaps are unable to use ‘self-service’ options in new digital banking spaces. Customers at the core. The way forward.

Video 97

Video Digital Strategies Digital Banking Security 97

PYMNTS

AUGUST 13, 2020

“It’s one thing to have a limited electronic option available — that’s quite different than having a strong digital strategy.”. I think especially in times of crisis, we have to look at what a sound digital payout strategy can do.”. Boosting Profits With A Well-Designed System.

Cards 202

Cards Strategy Digital Strategies Examples 202

PYMNTS

MAY 21, 2019

“Digitalization is the biggest challenge for supervision since the financial crisis,” said Wuermeling, who is also a member of the European Central Bank ’s supervisory board. “It It remains unclear which digital strategies will remain in the long term, therefore digitalization has to be seen as a moving target.

Digital Strategies 122

Digital Strategies Cards Technology Regulation 122

PYMNTS

SEPTEMBER 2, 2020

Instead, consumers have indicated a strong preference for low-touch or no-touch systems. But she said CUs have seen the shift in what happens at their branches, how they provide services and how to respond and fine tune a digital strategy. Snider said many consumers don’t want to touch a keypad or handle cash.

Payments 223

Payments Innovation Meeting Digital Strategies 223

PYMNTS

JANUARY 11, 2021

Georgakopoulos pointed to digital marketplaces and eCommerce firms, which emerged as leaders in this regard thanks to their investments in cloud-first infrastructure and application programming interfaces (APIs), tools that enabled treasury systems to more seamlessly operate and interact with each other.

Payments 198

Payments Strategy Fintech Tools 198

PYMNTS

SEPTEMBER 10, 2019

Start with the prior statement that hard currency — the kind that sits in banks, backed by central banking systems and is universally accepted — is not going anywhere, and the stage is set for a continued reinvention of the ATM. “We But it is important that ATMs are embedded in the digital strategy of the bank, too.”.

ATM 158

ATM Examples Course Strategy 158

Bobsguide

AUGUST 7, 2022

Finastra has played an important role in our Treasury systems journey and we look forward to our continued collaboration to drive the digital treasury of the future.”. Its pioneering approach and commitment to open finance and collaboration is why it is trusted by ~8,600 institutions, including 90 of the world’s top 100 banks.

Operations 68

Operations Strategy Innovation Policies 68

Independent Banker

OCTOBER 31, 2021

“In order to stay competitive, we thought it was important to have various digital loan offerings available for our customers.”. Chris Jundt, First State Bank & Trust. Community bankers are increasingly recognizing that the future of digital lending is here. Now, its system automatically moves and sorts those documents. “So,

Lending 91

Lending Community Bank Community North Dakota 91

Cisco

APRIL 7, 2019

Mobile-first banking is an immediate driver of digital strategy. While banks work to build the right customer experience across channels, emerging technologies like voice-first banking and intelligent chat bots gain footing. Triage legacy systems. Big Data is your mountain and your goldmine.

Trends 64

Trends Cyber Security Big Data Analytics 64

Gonzobanker

MAY 31, 2019

Track the number of times borrower, loan and credit data information are entered and in what media/system. This exercise will reveal not only the number of times the same element is rekeyed in disparate systems, but also the number of times these elements may actually increase. year over year when manual processes are not addressed.

Lending 128

Lending Community Bank Community Data 128

Cisco

APRIL 7, 2019

Mobile-first banking is an immediate driver of digital strategy. While banks work to build the right customer experience across channels, emerging technologies like voice-first banking and intelligent chat bots gain footing. Triage legacy systems. Big Data is your mountain and your goldmine.

Trends 48

Trends Cyber Security Big Data Analytics 48

Gonzobanker

SEPTEMBER 4, 2018

Customers love digital self-service—right up until they don’t, and then they want a live person. In our work with banks and credit unions around the country, an unavoidable truth comes up again and again: Even the flashiest digital strategy falls flat without the backing of a strong contact center.

Technology 115

Technology Resources Fraud Strategy 115

Banking 2020

NOVEMBER 18, 2015

The switch to digital banking has been a relatively recent change, and mobile banking has only just emerged as a viable option for customers. Banks are still trying to figure out how mobile banking fits into their digital strategy. That percentage is projected to increase within the next few years.

Strategy 40

Strategy Mobile Digital Strategies Data 40

PYMNTS

SEPTEMBER 30, 2020

The wave of digitization that has picked up incredible speed in banking over the past half year isn’t strictly a new trend, Randy Piatt , head of product solutions for Ondot Systems , told PYMNTS. To bring it to a fine point, the pandemic has clearly separated institutions into two buckets — the digital haves and the have-nots.

Cards 334

Cards Tools Community Bank System 334

NCR

APRIL 5, 2016

According to Goldman Sachs analysts, non-traditional digital banking startups are already jeopardizing around $4.7 Acquiring and retaining consumers in a fiercely competitive marketplace — flooded with waves of non-traditional players — requires a consumer-centric digital strategy.

Digital Banking 40

Digital Banking Security User Experience Mobile 40

FICO

JUNE 21, 2022

How ready and willing are Tier-1 banks to transform again and again to simply stay relevant to customers and stay ahead of emerging competition? It's a question continually posed in The 11 Commandments of Digital Banking. Prior to working with FICO, customer decisions were managed using 14 different systems.

Management 52

Management Customer Experience Regional Strategy 52

PYMNTS

JUNE 11, 2018

But in an environment in which compliance pressures are rising, profits are declining and competition from FinTechs continues to build, the way in which corporate banks manage their data can mean sink or swim. “Digital transformation is driving toward a data visibility problem,” said Britton.

Data 100

Data Management Analytics Compliance 100

Gonzobanker

DECEMBER 5, 2018

Believe us when we say we get “experience,” but hard-nosed bank execs are looking at their resource spend and increasingly (and rightly) saying, “Show me the money. Gro brings a solid digital account opening platform, something Q2 was pursuing internally. And, in a hypercompetitive and rising rate environment: Better money.

Fraud 106

Fraud Austin Fintech Lending 106

PYMNTS

DECEMBER 15, 2017

Rather, Cozzo said, Mastercard’s research shows they are cobbling together a financial management system across many different platforms and apps. And why a payment card at all, when banking services are overwhelmingly shifting to digital , and when the digital-first generation is the product’s prime target?

Millennials 134

Millennials Management Cards Security 134

CB Insights

MAY 15, 2019

” Visa already teamed up with Transport for London on a contactless payment system that the team now looks to expand to transportation hubs worldwide. DBS Bank — DBS Asia X (DAX). Notable projects: Eye-tracking solution Eyevido was discovered by the Deutsche Bank Berlin Lab as a very early-stage startup. Bank of America.

Innovation 78

Innovation blockchain Technology Groups 78

Fintech Labs Insights

DECEMBER 5, 2016

Daon’s technology can be deployed to provide authentication for digital banking, for payment verification, and employee credentialing, as well as cloud authentication. In addition, passwords are too cumbersome, easily forgotten, and represent a decades-old system of authentication.

Security 12

Security Mobile Technology Virginia 12