PYMNTS

AUGUST 28, 2019

The banking platform is designed for mobile devices and API connectivity, with NorthOne noting that development partner Treasury Prime designed that API technology to streamline account opening and management. Last year, the Canada-based company raised $2 million from investors Peter Graham, Tom Williams and Ferst Capital Partners.

Mobile 144

Mobile FDIC Tools Taxes 144

Perficient

AUGUST 9, 2022

Mike Randall, a co-founder of Greenwood, wanted to address the specific issue of bank branches being replaced by check cashing places that charge absurdly high-interest rates. To offer another example of a bank consciously aimed at supporting the underserved, Forbes just recognized Quontic as the number one “best overall online bank.”

Community 275

Community Customer Experience ATM Examples 275

Jeff For Banks

JANUARY 14, 2021

A mid-2020 survey performed by Cornerstone Advisors showed that 51% of retail customers that opened a new bank account within the last three months did so at a large, national bank. Eighteen percent of that group opened an account at a digital bank. Two percent opened an account at a community bank.

Community Bank 130

Community Bank Community FDIC Strategy 130

PYMNTS

AUGUST 22, 2016

Which is a bit of a problem, since there are objectively fewer banks now than there were even five years ago. According to the FDIC, banking branches are at their lowest level in a decade with only 93,283 left open. Physical banks reportedly hit their peak in 2009 and have declined 6 percent since then.

FDIC 100

FDIC ATM Community Bank Digital Banking 100

PYMNTS

APRIL 2, 2019

MOXY bank , preparing to be one of the first new community banks to launch in the U.S. in decades, has announced that it is working with technology solutions company NYMBUS to integrate its core digital banking and payment services.

Community Bank 117

Community Bank Community FDIC Washington 117

Gonzobanker

MAY 4, 2020

And businesses that deferred moving online or had no reason to operate online have made the leap practically overnight.”. FIS/Zenmonics: FIS is quietly acquiring the remainder of Zenmonics following its 2018 minority investment into the provider of digital banking, origination and branch solutions that created the FIS Digital One solution.

Fintech 109

Fintech FDIC Capital Community Bank 109

Gonzobanker

MARCH 22, 2023

“Bank confidence is a fragile reed, and a troubled bank is damaged by any rumors, true or not.” Irvine Sprague, Former FDIC Director So Gonzo Bankers … how many of us have been hesitant lately to check our iPhone each morning to see what trouble may have hit the fan in the financial world during a few restless hours of slumber?

social media 78

social media Capital Risk Management Strategy 78

PYMNTS

AUGUST 7, 2019

Increasingly, FinTechs are targeting corporate and small business banking friction, and exploring how open banking frameworks — including the use of application programming interfaces (APIs) and collaboration with traditional financial institutions — can achieve the disruption they’re looking for. On The Open Banking Path.

Fintech 181

Fintech Strategy Resources Payments 181

PYMNTS

AUGUST 17, 2017

With more consumers moving to mobile transactions over visits to branches, some banks are considering closing brick-and-mortar locations to reduce operational costs. The price of real estate is prompting even the largest players in the banking world to scale back their branch operations. appear to support that claim. “We

Millennials 132

Millennials Digital Banking San Francisco Fintech 132

PYMNTS

MARCH 26, 2020

But as of 2020, it is a subject upon which seasoned experts can disagree, in a world where traditional banks and FinTechs are operating in parallel in the market – and, in many cases, are offering similar services for consumers. What we learned was interesting. “I

Innovation 241

Innovation Fintech Data Examples 241

PYMNTS

NOVEMBER 1, 2018

And that is a bank – one with FDIC insurance and safeguards that keep their money safe. 93 percent had a bank account. A big part of the reason is trust (a trait noted in the CNBC article, to be fair, but not as forcefully as by PYMNTS).

Fintech 191

Fintech UX Mobile FDIC 191

MyBankTracker

AUGUST 5, 2020

To provide greater convenience to members, PSECU offers consumer-friendly ATM access and anytime, anywhere digital banking tools. PSECU will rebate up to $8 per month in surcharge fees from out-of-network ATMs (usually, an out-of-network ATM operator will charge roughly $3 per transaction). ATM Access. Deposit Insurance.

Pennsylvania 52

Pennsylvania ATM FDIC Cards 52

PYMNTS

JULY 16, 2018

Citizens Rolls Out Digital Bank. Citizens Financial Group officially announced the launch of its nationwide, direct-to-consumer digital bank earlier this week: Citizens Access. The Citizen Access digital bank will also be marketed separately from Citizens’ current branch footprint.

Cards 100

Cards Data Digital Banking Retail 100

PYMNTS

JANUARY 30, 2018

But for all the complaining, according to Aspiration Bank CEO and co-founder Andrei Cherny, eliminating free accounts – and raising the fees on existing accounts – is just standard operating procedure for all of the nation’s largest retail banks.

America 109

America Maryland FDIC Millennials 109

FirstInternet

MAY 26, 2021

In-person vs. online services: We’re not just “another internet bank” – in 1999, we became the first fully FDIC-insured institution to operate entirely online, and we have been an industry leader in digital banking ever since.

Online 52

Online FDIC US Taxes 52

PYMNTS

OCTOBER 29, 2018

Meanwhile, operating system upgrades give consumers the benefits of new features on older handsets – for free. And that is a bank – one with FDIC insurance and safeguards that keep their money safe. 93 percent had a bank account. Online and digital banking is an innovation enjoyed by many consumers, as is P2P payments.

Payments 196

Payments Google Apple Innovation 196

William Mills

SEPTEMBER 9, 2016

Andrew Barnett – Principal Digital Banking and Payments Consultant and Elizabeth Santorelly. After they bought CheckFree a lot of Fiserv folks have been based in Georgia. What I expect is that Fiserv has developed a way for banks to be part of the social funding market segment (like Prosper).

social media 40

social media ATM Mobile Customer Experience 40

PYMNTS

MAY 2, 2016

Also in the mix, Walmart Pay has taken yet another step away from the theoretical toward the actual and Goldman Sachs went into digital banking. Goldman Sachs Goes Digital. The minimum account balance needed to start a GS Bank account is only $1 and is open to anyone with an Internet connection. Need to know a bit more?

Software 100

Software Mobile Regulation FDIC 100