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 Strategy Analysis 245

PYMNTS

MAY 17, 2018

If looking for evidence that we live in an increasingly digital world, one need not look much further than the veritable explosion in online and mobile banking in the last half decade. A central, digital hub to organize one’s financial life may be even more important for U.S. 60 percent : The share of U.S.

Management 100

Management Mobile Online Marketing 100

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

FEBRUARY 28, 2020

The bank has a service called MoneyMax that is powered by artificial intelligence (AI), and it’s meant to encourage users to earn money on saved money and spend less on bills and online purchases. The bank’s flagship branch will be opened soon on the Avenue de la Toison d’Or in Brussels.

ATM 198

ATM Apple Online Management 198

PYMNTS

NOVEMBER 3, 2020

The following Deep Dive analyzes the pandemic’s effects on open banking advancements and consumers’ perceptions of online privacy and security, as well as how these changes will affect customers’ merchant relationships. For example, a September report found that the number of open banking users in the U.K.

Study 192

Study Data Regulation Digital Banking 192

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. FinTechs are also emerging as major CU competitors. We surveyed 4,058 U.S.

Data 187

Data Innovation Digital Banking Meeting 187

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

Fintech Labs Insights

NOVEMBER 10, 2023

Consumers have been banking online for 28 years. And from the very beginning, there have been pure-play digital banking startups. The first, online bank Security First Network Bank (SFNB) launched in 1995, just a year after Amazon.com. But unlike ecommerce, digital-only banking was slow to catch on.

Digital Banking 15

Digital Banking Online Atlanta Las Vegas 15

PYMNTS

JULY 1, 2020

Despite the surge in mobile payments and online banking , no one is predicting the disappearance of traditional banks and their brick-and-mortar branches. . Our research suggests that traditional FIs may be underestimating consumers’ willingness to embrace new, and some say better, ways to manage and spend their cash. .

Survey 183

Survey Cards Millennials ATM 183

PYMNTS

OCTOBER 24, 2018

HSBC Holdings announced that it is teaming up with online lender Avant to offer unsecured loans to consumers. 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.

Retail 115

Retail Online Digital Banking Management 115

PYMNTS

JUNE 12, 2020

If successful, it could catapult Ovo and Dana into dominating Indonesia’s multibillion-dollar online payments market. In addition, it intensifies competition among investors in Indonesia’s digital payments industry with its 260 million people. They expect digital payments to work seamlessly.

Fintech 160

Fintech Payments Report Digital Banking 160

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

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

DECEMBER 28, 2020

The new cloud-based system can help FIs manage loans from origination and review to renewal and modification. Houston-based First Service Credit Union has selected a third-party provider’s digital banking suite to enhance its members’ online access to financial services. To get the full story, download the Tracker.

North Carolina 197

North Carolina Houston Fraud Innovation 197

PYMNTS

SEPTEMBER 28, 2020

The Hong Kong Monetary Authority (HKMA) approved Ant Bank’s application for a virtual banking license. Now, users can download the bank’s mobile app to establish personal bank accounts in as little as three minutes, according to the report. Morgan Chase and Morgan Stanley are managing the Hong Kong sale.

Groups 272

Groups Fintech Mobile Report 272

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

Fintech Labs Insights

APRIL 6, 2023

Looking for digital banks, lenders, payment providers, insurance or digital accounting for small businesses? The score is based on VC funding, website traffic, mobile downloads, and the number of employees. Online Digital Banks for Small Businesses (SMB) April 2023 The post Top U.S.

Digital Banking 15

Digital Banking Online FDIC San Francisco 15

PYMNTS

OCTOBER 4, 2019

Credit Karma , a company that enables people to gain access to their credit scores, is launching a high-yield savings account that customers can use through an app and online. The thought of opening a new account or downloading another app can feel overwhelming – and we know inertia is one of the biggest barriers to financial progress. “The

West Virginia 132

West Virginia Virginia FDIC Taxes 132

Fintech Labs Insights

JUNE 26, 2023

Looking for digital banks, lenders, payment providers, insurance or digital accounting for small businesses? The score is based on VC funding, website traffic, mobile downloads, and the number of employees. Online Digital Bank Savings & Treasury Accounts for Small Business (SMB)

Digital Banking 15

Digital Banking Online FDIC San Francisco 15

PYMNTS

JUNE 21, 2017

Whether it’s in-app tools that offer advice on monthly spending, new services to help parents teach their kids about money management or a publicity campaign aimed at raising public awareness of the threats posed by cyber fraud, the financial sector is making consumer education a priority. In the U.K., consumers billions of pounds each year.

Report 131

Report Digital Banking Millennials Fraud 131

PYMNTS

NOVEMBER 16, 2016

With the number of mobile banking customers now outnumbering those who bank at branches for the first time, consumers have warmly embraced banking via mobile apps. Despite that, the vast majority of American companies, particularly small businesses, have yet to adopt mobile financial management apps. About The Tracker.

Mobile 100

Mobile Digital Banking Analysis Fintech 100

PYMNTS

APRIL 7, 2020

Financial institutions (FIs) following these initiatives make their application programming interfaces (APIs) publicly available, which third-party developers can use to create solutions that draw on banking data from consenting users. For more on these and all the rest of the latest B2B API headlines, download the Tracker.

Groups 159

Groups Lending Examples Taxes 159

PYMNTS

NOVEMBER 29, 2016

Members can track their card’s status through Citi Online or within the Citi mobile app for iPhone and Android. The card reissuance tracker is the newest addition to Citi’s continued push to improve digital functionality and integrate more of the banking experience into its mobile app. Citi customers in the U.S.

Cards 100

Cards social media Digital Banking Mobile 100

CB Insights

DECEMBER 10, 2020

Bank of America, for one, saw profits drop 16% year-over-year (YoY) in Q3’20 to $4.9B. The pandemic has also accelerated recent trends in banking, especially among the millennial demographic, which tends to favor digital banking and online brands over traditional banks. Consumer deposits & savings.

America 101

America Lending Cards San Francisco 101

MyBankTracker

NOVEMBER 19, 2020

Sponsored Content Disclosure: This content was commissioned and paid for by the bank advertiser. CIT Bank is among the largest 50 U.S. banks and it also happens to be one of the biggest online banks (based on domestic deposits). Yet, many consumers have never heard of the bank. CIT Bank Savings Builder.

Banking 2020 52

Banking 2020 ATM Online Marketing 52

CB Insights

AUGUST 13, 2020

Free Download: State of Fintech q2’20. Despite the overall contraction in fintech deals, there were some bright spots in areas like banking and payments. Below, we highlight 5 fintech trends, ranging from the growth of embedded fintech to consolidation in wealth management. Free Download: State of Fintech q2’20.

Fintech 77

Fintech Trends Retail Software 77

PYMNTS

SEPTEMBER 7, 2018

The company recently teamed up with auto glass repair and claims management provider Safelite Solutions to offer instant payouts for car insurance claims to the latter’s customers. Under the agreement, the bank provided Shelter with its Claims Payments solution, giving customers access to their funds via Visa Direct within 30 minutes.

Trends 109

Trends Missouri Mobile Payments 109

Fintech Labs Insights

JUNE 29, 2023

The score is based on VC funding, website traffic, mobile downloads, and the number of employees. The post Top 9 Online Digital Payment Processors for Small Businesses (SMB): June 2023 first appeared on Fintech Labs SMB Center. It’s a work in progress, so expect changes in the formula.

Online 15

Online San Francisco Payments Fintech 15

PYMNTS

MAY 18, 2017

Meanwhile, in the world of digital banking, an innovation that can help clients automatically navigate investments based on their preferences is already available: robo-advisors. Robo-advisors are online portfolio management solutions relying on computer algorithms to manage client investments with little human involvement.

Survey 101

Survey Management Digital Banking Taxes 101

Fintech Labs Insights

APRIL 12, 2022

Downloadable transactions (common file formats). Employee expense management*. Customer management features (basic)*. Aggregated loan management dashboard (monitor credit from all sources in one dashboard)*. Online Digital Banks for Small Businesses (SMB) April 2022. ACH/electronic payments*.

Digital Banking 15

Digital Banking Lending Fraud Cards 15

CB Insights

SEPTEMBER 5, 2019

get the full 22-page report on banking-as-a-service. Download the free report to find out the impact of AWS on software startup formation new digital banking products. Hippo is a managing general agency providing homeowners insurance direct to consumers through a digital platform.

Fintech 28

Fintech Software Digital Banking Online 28

Jeff For Banks

MARCH 14, 2020

Order online, as most restaurants will either deliver or prepare for pickup. Our branch bankers, relationship managers and contact center teammates are all committed to working with our clients to reduce financial stress during this challenging and uncertain time. Our digital banking tools are designed to be easy to use.

ATM 78

ATM Policies US Management 78

CB Insights

JULY 25, 2019

Download the free report to find out how fintech is shaping the future of wealth management and investing. Money management tools are helping people stay independent. Estate planning gets a digital makeover. Download the free report for all the details. Money management tools are helping people stay independent .

Millennials 73

Millennials Fintech Tools Fraud 73

Fintech Labs Insights

JUNE 27, 2023

Enter the digital insurance challengers aiming to fill the gaps through simple online/mobile interfaces. NEW : Looking for digital banks, lenders, payment providers, insurance or digital accounting for small businesses? It’s a work in progress, so expect changes in the formula.

Online 15

Online Denver San Francisco DC 15

PYMNTS

AUGUST 17, 2017

But, while closing physical bank branches might appear to be a wise cost-saving measure, the move comes with risks that could hurt banks’ relations with new millennial customers. Results also noted this generation is less likely to open a bank account if physical bank locations are not available in their communities.

Millennials 132

Millennials Digital Banking San Francisco Fintech 132

Fintech Labs Insights

APRIL 12, 2024

Long before fintech was a thing (1995), I launched the first, and by most measures the biggest, newsletter during the first two decades of online/digital banking. It was called Online Banking Report and was read by a sizable portion of major industry players. Note: These are the rankings from 10 years ago.

Innovation 15

Innovation Fintech Online Mobile 15

BankBazaar

APRIL 27, 2020

Opening a bank account is nothing short of an ordeal-from running around gathering documents that date to your school to ensuring that they meet the individual bank’s guidelines in terms of the order, signatures etc.–it Additional Reading: How To Protect Your Money From Digital Banking Frauds.

Guidelines 127

Guidelines Regulation Management Data 127