CB Insights

MAY 5, 2022

Open , a digital bank, has raised $50M in a Series D. The round drew participation from Tiger Global Management, IIFL, and Temasek, among others. <span Download the report to learn more.</p> Download the report to learn more. Download the report to learn more. onFormReady: function ($form) {.

Digital Banking 60

Digital Banking Regional Fintech Data 60

PYMNTS

DECEMBER 9, 2020

Bill.com and Wells Fargo are partnering on a new feature called Bill Manager to help small- to medium-sized businesses (SMBs) access automation for the accounts payable (AP) and accounts receivable (AR) process, according to a press release emailed to PYMNTS.

Mobile 283

Mobile Management Software Payments 283

FICO

APRIL 7, 2022

Following the highly successful The 11 Commandments of Digital Banking eBook , we are publishing a series of 5 deeper dive blog posts that group the 11 Commandments below into common themes: Digital lift-and-shift is not a strategy! How FICO Can Help You Advance Your Digital Banking. Respect the data.

Digital Banking 52

Digital Banking Security Fraud America 52

FICO

FEBRUARY 2, 2022

Following the highly successful The 11 Commandments of Digital Banking eBook , we are kicking off a series of 5 deeper dive blog posts that group the 11 commandments below into common themes. Digital lift-and-shift is not a strategy! Banks must find ways to be personable in these impersonal channels. Respect the data.

Customer Experience 52

Customer Experience Digital Banking Video eBook 52

PYMNTS

JULY 14, 2020

Convincing consumers to designate precious space on their mobile phones to download yet another app can be a tough sell these days. percent would be very or extremely interested in downloading a prototypical “better app,” as would 51.5 There is an important underlying dimension to these findings, however. Among the former group, 46.3

Cards 197

Cards Mobile Groups Survey 197

FICO

MARCH 1, 2022

Following the highly successful The 11 Commandments of Digital Banking eBook , we are kicking off a series of 5 deeper dive blog posts that group the 11 Commandments below into common themes. Digital lift-and-shift is not a strategy! How FICO Can Help You Advance Your Digital Banking. Respect the data.

Digital Banking 52

Digital Banking Data Customer Experience eBook 52

PYMNTS

NOVEMBER 17, 2020

Consumers’ banking habits have changed radically since the pandemic was first declared in March. Not only are many account holders visiting brick-and-mortar branches less often than they did before the pandemic, but many are also more reliant on digital banking channels — particularly mobile banking apps — than they have ever been.

UX 234

UX Mobile Data United States 234

Chris Skinner

APRIL 30, 2018

Here are my headlines: 76% of millennials are looking for new forms of banking 40% of people in their twenties have downloaded a money management app 80% of millennials … The post The future of money (research report) appeared first on Chris Skinner's blog.

Report 280

Report Millennials Management Digital Banking 280

FICO

FEBRUARY 12, 2023

Home Blog FICO Top 5 Customer Development Posts of 2022: Digital Banking and Pricing Opti The most popular posts in our Customer Development category dealt with digital banking, optimizing credit line increases, loan pricing and machine learning for credit risk models.

Digital Banking 52

Digital Banking eBook Analytics Customer Experience 52

PYMNTS

OCTOBER 18, 2018

In search of added convenience and simplicity, banking customers are migrating to online and mobile banking interfaces, leaving in-person visits to brick-and-mortar branches behind. Around The Digital Banking World. Westpac , one of Australia’s “Big Four” FIs, for one, is rolling out new omnichannel banking offerings.

Fraud 178

Fraud social media Data Trends 178

PYMNTS

JANUARY 22, 2018

The mobile devices in consumers’ pockets are getting smarter, and consumers are increasingly using those intelligent capabilities to manage their money. Now, banks are turning to use artificial intelligence (AI) to help consumers make smarter choices by providing actionable financial insights. Around the Digital Banking world .

Report 161

Report Digital Banking Exercises Training 161

PYMNTS

JANUARY 17, 2021

Cloud-based accounting software solution provider AlignBooks will be working with ICICI Bank , a private-sector bank, to deliver a new, simple digital banking experience for small- to medium-sized businesses (SMBs), CRN India reported.

Software 153

Software Resources Digital Banking Report 153

PYMNTS

MAY 17, 2018

smartphone users who have at least one financial app downloaded. . $150 billion : The estimated total value of the illegal gambling market. 40 : The number of states with land-based casinos. 60 percent : The share of U.S.

Management 100

Management Mobile Online Marketing 100

PYMNTS

MAY 4, 2016

In the latest installment of our Commander-in-Chief series, Glen Fossella, EVP of Enterprise Growth at Urban FT , explains why spurring growth starts with showing the value in transforming digital banking into a service customers can’t live without. PYMNTS: What does a day in the life of a chief growth officer look like? Glen Fossella.

Digital Banking 100

Digital Banking Mobile Branding Payments 100

PYMNTS

APRIL 24, 2020

COVID-19 has closed bank and credit union (CU) branches across the United States, sending the demand for digital banking solutions soaring as consumers hop online to manage their finances from home. However, CUs are not the only financial institutions (FIs) looking to offer digital banking innovations to their members.

Data 187

Data Innovation Digital Banking Meeting 187

FICO

DECEMBER 5, 2022

Top 5 Surprises from FICO’s Fraud and Digital Banking Survey. Financial Institutions, such as banks, have expended great effort to improve digital security, yet bad actors are multiplying and attacks have increased in scope and frequency. Download the white paper on this survey. FICO Admin. by Sarah Rutherford.

Survey 52

Survey Fraud Digital Banking social media 52

PYMNTS

FEBRUARY 25, 2020

As the report states, “We … find that a significant share of consumers are willing to bank with the institutions — financial or otherwise — that offer them the best spending and money management tools.”. Mobile Cards: Make or Break? What is changing are the card habits of demographic groups.

Mobile 153

Mobile Cards social media Survey 153

PYMNTS

MAY 27, 2020

Bad actors may dial into call centers and pretend to be legitimate customers to trick staff into revealing details about the individuals, which could then be used to figure out the victims’ digital banking logins. To find more about these and the rest of the latest headlines, download the Playbook.

Fraud 245

Fraud How To Analysis Strategy 245

PYMNTS

MAY 12, 2020

Consumers are paying with credit and debit cards more than ever before, and they are increasingly looking to their smartphones to gain greater control over how they spend and manage their money. percent of national banks, versus 77.5 percent of local and regional banks, according to respondents. Overall, national banks offer 6.9

Regional 241

Regional National Cards Mobile 241

PYMNTS

AUGUST 21, 2020

Digital banking is reaching unprecedented levels of popularity amid the pandemic, with 89 percent of American bank customers using mobile banking apps to manage their savings and checking accounts. Developments From Around The World Of Digital-First Banking. billion by 2024.

Analytics 266

Analytics Fraud ATM Report 266

PYMNTS

JUNE 2, 2020

“Consumers are now leaning heavily on digital banking to meet their financial needs. Banking app downloads have increased 60 percent since the pandemic became widespread, with banking app revenue growing 17 percent,” according to PYMNTS’ May 2020 Digital-First Banking Tracker® , a collaboration with NCR.

Digital Banking 133

Digital Banking User Experience Meeting Fintech 133

PYMNTS

MARCH 13, 2017

Some millennial-focused banking solutions include financial tools to help users manage their money and meet their financial goals. Other companies are offering game-oriented money management solutions that allow users to create challenges aimed at making smarter financial decisions and boosting their savings. In the U.K.,

Report 149

Report Digital Banking Millennials Tools 149

PYMNTS

NOVEMBER 7, 2018

Asset Finance International has reported the launch of Mettle, the digital bank account for SMBs. The solution is NatWest’s response to small firms’ demand for digital financial services, offering current account services, invoicing, bookkeeping and a debit card.

Mobile 159

Mobile Analytics Digital Banking Lending 159

PYMNTS

NOVEMBER 26, 2019

Recent data indicated that 82 percent of SMBs shutter in their first year because of poor cash management operations. This demand is driving the global expense management software market to reach $6.6 Yordex offers virtual cards as well, which can be used to manage online business expenses, such as recurring subscription charges.

Tools 141

Tools Boston Cards Management 141

BankBazaar

NOVEMBER 22, 2020

Smartphones have solved a big problem by allowing us to manage our funds while sitting at home or the office. Nowadays, most of us use our smartphones for mobile banking for which, we enter some crucial information such as bank account numbers, passwords Credit Card details etc. Also, update your banking apps regularly.

Course 103

Course Mobile Software Cards 103

PYMNTS

JUNE 12, 2020

In addition, it intensifies competition among investors in Indonesia’s digital payments industry with its 260 million people. Gojek’s app has been downloaded 170 million times and was the most widely used on-demand app in Indonesia in 2019, according to App Annie. They expect digital payments to work seamlessly.

Fintech 160

Fintech Payments Report Digital Banking 160

PYMNTS

FEBRUARY 15, 2017

Companies are rolling out plenty of new banking tools for consumers to manage their money. The February Digital Banking Tracker™ showcases the various methods banks are employing to help their consumers stay engaged with their finances. Here’s what’s happening around the world of Digital Banking.

Tools 120

Tools Report ATM Digital Banking 120

PYMNTS

FEBRUARY 28, 2020

The bank’s flagship branch will be opened soon on the Avenue de la Toison d’Or in Brussels. Aion also offers a personal concierge and an ETF asset management product. Aion will revolutionize the financial services market in Belgium,” said Daniel Zilberman, managing director and head of Europe at Warburg Pincus.

ATM 198

ATM Apple Online Management 198

Chris Skinner

FEBRUARY 21, 2017

After studying law at Oxford, he went back to business and is now Co-Founder and CEO of digital bank Monzo. You can download and listen to this interview if you prefer] This isn’t your first startup. I did GoCardless because it got me out of being a management consultant, initially. What really stands Monzo apart?

Study 283

Study Training Fintech Digital Banking 283

Abrigo

DECEMBER 17, 2021

DOWNLOAD WHITEPAPER . Takeaway 3 Many FIs will price-compare vendors, but neglect to consider potential hidden costs , especially when managing multiple vendors. As the saying goes, “the only constant in life is change,” which is certain for the banking industry. Digital Banking Report.

Fintech 195

Fintech How To Innovation System 195

PYMNTS

MAY 17, 2017

From automation to mobile-first institutions and solutions, disruption is the new normal for the digital banking space. Financial institutions have rolled out a handful of new smartphone-first innovations for the digital banking space that are promising to bring disruption to the industry. New Tools, New Types of Banks.

Digital Banking 118

Digital Banking Report Mobile Tools 118

PYMNTS

SEPTEMBER 28, 2017

The smartphone revolution long ago forced most, if not all, banks and other financial institutions (FIs) to begin offering mobile financial management solutions. Now, however, consumer expectations have shifted once again, and modern banking customers are increasingly telling their banks that simply offering a mobile app isn’t enough.

Digital Banking 101

Digital Banking Report Mobile User Experience 101

PYMNTS

NOVEMBER 3, 2020

It also details how open banking’s expansion can help businesses build trust with new or existing customers seeking more secure ways to shop. More consumers than ever are transacting online and leveraging digital banking services that pull data from multiple financial providers for more robust pictures of their spending or financial status.

Study 192

Study Data Regulation Digital Banking 192

PYMNTS

OCTOBER 24, 2018

“Every year millions of consumers take out a loan to pay for unexpected expenses, consolidate debt or for needed home improvements, among other things,” Pablo Sanchez, HSBC’s head of retail banking and wealth management in the U.S. s retail-banking and wealth-management business, said in an interview.

Retail 115

Retail Online Digital Banking Management 115

PYMNTS

DECEMBER 28, 2020

Vancity said it has agreed to collaborate with North Carolina-based nCino to implement the latter’s Bank Operating System, which will replace its 15-year-old network. The new cloud-based system can help FIs manage loans from origination and review to renewal and modification. To get the full story, download the Tracker.

North Carolina 197

North Carolina Houston Fraud Innovation 197

PYMNTS

SEPTEMBER 17, 2020

The cooperative said the effort will offer transaction management services. It is anticipated that the next-generation digital platform will harness an application programming interface (API) and cloud technology. Acumatica Debuts Automated Spend Management Tools. Jonathan Vaux Named General Manager of i2c Europe.

Payments 130

Payments Management Technology Tools 130

Gonzobanker

JULY 7, 2015

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. What’s Next?

Digital Banking 60

Digital Banking Industry Capital Strategy 60