PYMNTS

DECEMBER 1, 2019

French startup Pixpay is the first challenger bank to cater to teens, offering a debit Mastercard for cashless payments, news outlets reported on Friday (Nov. A Pixpay account can be opened by anyone 10 years old or above, and both parents and children can download the app together. Challenger banks are typically marketed to adults.

Digital Banking 151

Digital Banking ATM Cards Capital 151

CB Insights

JANUARY 5, 2021

In the past few years, the burgeoning popularity of digital banks has only underscored the severity of these problems, with upstarts like Chime and SoFi offering cheaper, faster, and more convenient banking experiences. . get the state of challenger banks report. The digital divide spans countries as well.

Digital Banking 98

Digital Banking US Online FDIC 98

PYMNTS

NOVEMBER 28, 2017

Gone are the days of bandits terrorizing banks in the Old West – but that doesn’t mean banks are safe in the modern age. Online fraudsters pose threats that those bank robbers couldn’t possibly fathom, with the power to potential affect hundreds of thousands of consumers’ accounts – if not more. contact-form-7] .

Digital Banking 121

Digital Banking Software Apple Security 121

FICO

JANUARY 11, 2022

Last year we published a highly successful The 11 Commandments of Digital Banking eBook that introduced the 11 commandments: Digital lift-and-shift is not a strategy! In addition to a new blog post that will be published monthly over 5 months, we are also excited to launch the following event: LinkedIn Live on Digital Banking.

Digital Banking 98

Digital Banking Customer Experience eBook UX 98

PYMNTS

APRIL 21, 2016

As the world goes increasingly digital, banks are struggling to decide how they should package their digital service offerings. Should they fold digital banking services into their existing traditional brick-and-mortar accounts, or spin them off into stand-alone, digital-only entities? Why spin out?

Digital Banking 100

Digital Banking User Experience Exercises Mobile 100

PYMNTS

JULY 22, 2020

In the July Digital-First Banking Tracker® , PYMNTS explores the latest in the world of digital-first banking, including the long-lasting effects brought on by the pandemic, the shifting attitudes surrounding ATM use, and how the digital banking development field is reaping dividends from the financial industry’s sea change.

ATM 225

ATM Digital Banking Alabama Study 225

PYMNTS

JUNE 26, 2020

Digital banking has become the new normal as social distancing guidelines and stay-at-home orders have drastically curbed financial institutions’ (FIs’) abilities to conduct in-branch services. Online account openings increased by more than 200 percent in April, while all mobile banking traffic rose by 85 percent.

Digital Banking 220

Digital Banking Guidelines Trends Online 220

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. How Banks Are Weaponizing Data To Fight Fraud. About the Tracker.

Fraud 178

Fraud social media Data Trends 178

PYMNTS

DECEMBER 9, 2020

Bill Manager will integrate cloud-based processes from Bill.com into Wells Fargo's digital banking service, the release stated, creating a paperless method for paying bills and offering "simplicity, visibility and control.".

Mobile 283

Mobile Management Software Payments 283

Abrigo

FEBRUARY 8, 2024

Client fraud education to prevent banking losses Financial institutions play a crucial role in safeguarding customers and members from fraud. DOWNLOAD Takeaway 1 U.S. Takeaway 3 Numerous resources can help banks and credit unions offer training on fraud to help customers or members recognize scams and avoid theft.

Fraud 195

Fraud Resources social media Software 195

PYMNTS

DECEMBER 10, 2020

PYMNTS research found that fi­nancial institutions (FIs) in the United States alone saw a 60 percent increase in the amount of consumers who downloaded mobile banking apps in April and May, for example. Developments From Around The World of Digital-First Banking. PYMNTS research found that 21.6

ATM 233

ATM Tools Study Mobile 233

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

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

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

MAY 20, 2020

COVID-19 has forced many CUs to limit their brick-and-mortar hours of operation or close their branches completely, leaving CU members to rely primarily — and sometimes exclusively — on their CUs’ digital banking options. So, how can credit unions work to stand out from their competitors when every bank is digital-first?

Data 152

Data Digital Banking Innovation Fintech 152

PYMNTS

FEBRUARY 17, 2020

Online bank N26 ‘s decision to exit the U.K. The Berlin-based digital bank said it would not be able to operate in the country anymore in the wake of Brexit, as it will no longer have a license to do business there. Starling Bank, posted in a Tweet on Monday (Feb. The startup will shutter all of its U.K.

Comparison 231

Comparison Digital Banking Branding Report 231

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

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. Read the full customer development post 4.

Digital Banking 52

Digital Banking eBook Analytics Customer Experience 52

PYMNTS

MAY 28, 2020

In the May Digital-First Banking Tracker® , PYMNTS explores the latest in the world of digital-first banking, including the challenges facing deployment of APIs amid the COVID-19 pandemic, new online initiatives from nationwide FI chains and community banks and the security challenges that are plaguing digital banking programs.

Community Bank 176

Community Bank Community Security Digital Banking 176

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

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

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. The agreement will give the CU access to offerings such as an omnichannel digital banking platform with biometric login capabilities.

North Carolina 197

North Carolina Houston Fraud Innovation 197

PYMNTS

APRIL 13, 2020

Consumers Think About the Key Issues Driving the Connected Economy explored a census-balanced sample of consumers who bank with legacy financial institutions (FIs) as well as credit unions (CUs), digital banks and even PayPal. We asked consumers to define banks, and they did so in much the same way, with 98.8

Digital Banking 154

Digital Banking ATM Community Bank Survey 154

PYMNTS

APRIL 22, 2020

The FinTech has enabled free access to its Temenos Learning Community Online platform. This service previously was only available for an annual subscription and consists of more than 400 courses on advanced analytics, digital and core banking, financial crime and other subjects.

Analytics 141

Analytics Data America Cleveland 141

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

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

SEPTEMBER 6, 2019

In the September Digital Identity Tracker , PYMNTS explores the latest developments in the world of digital IDs, including Australia’s implementation of myGovID, a new eCommerce payment option from Mastercard, and the benefits of using digital IDs in digital banking and the gig economy.

National 179

National Study Digital Banking Trends 179

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

MARCH 30, 2020

Additionally, users can get details of the nearest ICICI Bank ATMs and branches, all from the social platform. . Non-ICICI Bank retail customers can access the benefits of ICICIStack by opening instant savings accounts online. In the case of a non-customer, a business entity can download InstaBIZ, the lender’s mobile app.

social media 146

social media Retail ATM Cards 146

PYMNTS

MAY 4, 2020

Customers and merchants rely on their banks and credit unions (CUs) to ensure they have secure, convenient online transactions, and many FIs work to detect fraud by looking for abnormal purchasing behaviors that could indicate something is amiss. To find more about these and the rest of the latest headlines, download the Playbook.

Fraud 197

Fraud Data Tools Online 197

Independent Banker

FEBRUARY 1, 2022

The banking industry remains in flux. 2021 introduced new challenges for traditional banks, from the added competition of digital-only entrants to shifting consumer banking behaviors and lingering fallout from the ongoing COVID-19 pandemic. Download Report.

Community Bank 103

Community Bank Community Trends Industry 103

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

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

FEBRUARY 26, 2020

Digital banking provider Bankjoy and financial literacy education app Zogo are partnering to that end by shifting CU offerings to focus less on sales and more on financial education, which Generation Z customers tend to value more. For more on these and other CU news items, download this month’s Tracker.

Nevada 192

Nevada Security Innovation Data 192

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. It was one of eight such recipients, the report stated.

Groups 272

Groups Fintech Mobile Report 272

PYMNTS

FEBRUARY 28, 2020

The banking industry is undergoing a sea change in the new decade, with online and mobile banking growing ever more popular among customers, and challenger banks and FinTechs disrupt the market with new technologies. Developments From Around The World Of Digital-first Banking.

ATM 159

ATM Study Analytics Meeting 159