PYMNTS

SEPTEMBER 15, 2020

And for financial institutions (FIs), that translates into an incredible opportunity to build better digital banking journeys for their customers. But an opportunity is only as good as the bank’s ability to pursue it. Getting Ready To Fight Off Apple And Google. That’s where FinTechs can come in.

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PYMNTS

APRIL 24, 2020

Yet demand for contactless payments and digital, automated financial solutions means FinTech funding may not take as hard of a hit as other startup segments. however, funding for FinTechs actually increased to $3.7 B2B FinTech investments appear to be relatively strong, too. As an FDIC insured bank in the U.S.,

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PYMNTS

JULY 27, 2020

economy could take two years to recover, and Google faces a lawsuit in Australia over its use of personal data. Google Faces Lawsuit In Australia Over Use Of Personal Data. In today’s top news, economists say the U.S. Plus, Wells Fargo will be cutting costs in response to the financial crisis. As lockdowns resume in many U.S.

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PYMNTS

JANUARY 12, 2020

Two co-founders of Google Pay in India have raised $13.2 million in a Seed funding round for its neo-bank epiFi, led by Sequoia India and Ribbit Capital, TechCrunch reported on Sunday (Jan. When we were building Google Tez, we realized that a consumer’s financial journey extends beyond digital payments.

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PYMNTS

AUGUST 5, 2020

In retail technology, Yotpo is helping brands capture the digital shift by making a compressed marketing stack for online shopping. 40%: Approximate share of people who would be “extremely” or “very” likely to bring their banking relationships to Big Tech or FinTechs. All this, Today in Data. .

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Chris Skinner

OCTOBER 2, 2017

I’ve said continually that firms like Google and Amazon will never open a bank. appeared first on Chris Skinner's blog.

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PYMNTS

FEBRUARY 2, 2021

There is more than one way to embrace collaboration in today's business banking environment. To launch its new virtual commercial card offering, City National Bank is working with FinTech Extend, the companies recently revealed. Apollo Bank Adopts CheckAlt Lockbox Technology. PNC Acquires Tempus Technologies.

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PYMNTS

MARCH 2, 2016

Google’s Australia and New Zealand managing director, Maile Carnegie, was poached by ANZ Banking Group to act in its newly created group executive digital banking role starting in July, Reuters reported Tuesday (March 1). Data from KPMG estimates that nearly A$27 billion ($19.21

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Google Massachusetts Groups Leadership 100

Insights on Business

DECEMBER 10, 2017

The dominant story is that fintech startups and banks are better off as friends than foes. Fintech, once seen as a disruptor, is now becoming a mainstream and also a collaborating partner. Banks provide trust and infrastructure to a partnership with fintech. Banks are also innovators.

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PYMNTS

DECEMBER 7, 2020

You’d be forgiven for thinking that, in banking, the deal is dead. NCR Digital Banking Senior Vice President and General Manager Doug Brown told Karen Webster there will be an acceleration of deal making on the other side of the pandemic, particularly as financial institutions (FIs) recalibrate and expand their digital efforts.

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Google Examples Regional Lending 282

PYMNTS

NOVEMBER 20, 2020

Wearable device sales have shot up at least 30 percent this year as consumers looked to technology to help them monitor their health during the ongoing global pandemic, according to a top Samsung executive. Samsung will continue to invest in these advanced technologies.”.

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Samsung Apple Google Analytics 150

PYMNTS

DECEMBER 5, 2019

The funding, led by DST Global, is the largest individual equity investment for a challenger bank, surpassing NuBank’s $400 million, which was also led by DST Global, according to CB Insights. DST Global led the Chime’s previous funding round that closed in March, which valued the digital bank startup at about $1.5

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Chris Skinner

APRIL 15, 2019

I picked up an interesting article from Reuters, about how Asian technology firms are moving into banking in a different way to Europe or America.

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America Google Technology Digital Banking 419

PYMNTS

JANUARY 2, 2020

Gaming company Razer is going after a Singapore digital banking license, along with China’s largest online monetary platform Ant Financial , according to reports on Wednesday (Jan. Razer FinTech will own a 60 percent majority stake Razer Youth Bank, which will be headquartered in Singapore. .

Digital Banking 130

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PYMNTS

APRIL 30, 2018

It’s a thought that was triggered recently after reading and reflecting on recent developments across three innovations heralded as FinTech’s poster children — disruptors out to change the world and eat the proverbial lunches of incumbents they say are too big and too unmotivated to change. Digital banks. Digital Banks.

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PYMNTS

MARCH 13, 2017

As banking becomes more digital, more financial institutions are turning to technological solutions to bring more customers on board. Several banks are rolling out banking solutions that are specifically focused on winning over millennial customers as they come of age and join the marketplace as adults. In the U.K.,

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PYMNTS

NOVEMBER 16, 2020

banking operations continues the consolidation among regional players being necessitated by low interest margins and the digital arms race in banking. Scale matters more than ever, especially with the growing technology investments needed to keep pace with the biggest banks and fintech start-ups.”.

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NCR

MARCH 5, 2018

The banking sector is currently going through one of the most fundamental changes since the creation of the internet. For some, the answer is that in the coming years, banks need to see themselves not solely as financial services providers, but also fully-fledged technology companies. What do banks need to be effective?

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CB Insights

SEPTEMBER 10, 2020

After a difficult first quarter, fintech funding rebounded in a big way in Q2’20. Free Download: State of Fintech q2’20. Fintech funding rebounded in Q2’20 but deal activity continues to fall. Below, we answer some of our readers’ most pressing questions from the webinar on the state of fintech. First name.

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PYMNTS

FEBRUARY 24, 2017

This week’s voice-activated tracker is all about the banks, baby. In recent weeks, a number of financial institutions and FinTech providers have begun testing, introducing or adding upgrades to voice navigation functionalities for their banking customers. Banks have a few options when it comes to adapting voice.

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Mobile Fintech Google User Experience 135

PYMNTS

SEPTEMBER 23, 2020

Volante Technologies Inc. , the FinTech software company, announced Wednesday (Sept. 23) it is collaborating with Goldman Sachs Bank USA to provide the payments platform for the bank’s digital transaction service. Uday Thakur , Volante’s chief technology officer, said it’s a two-way street.

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Payments Analytics Apple Google 151

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. . consumers who have at least one credit or debit card and mobile device revealed that 24 percent would be “very” or “extremely” likely to switch to the new generation of banking.

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Survey Cards Millennials ATM 183

PYMNTS

AUGUST 6, 2020

“I think across the board as a society, we are leaning into technology in a very big way here,” Roberts said. Digital Banking’s Growth Spurt (And Diverse Future). Google made headlines about a year ago when it announced it was working with Stanford Federal Credit Union to offer a mobile checking account.

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Payments Digital Banking Google Technology 151

PYMNTS

OCTOBER 29, 2018

This happened despite sophisticated technology capabilities that successfully flagged many other types of inappropriate postings, like pornography, and kept them off the platform for years. Only 38 percent of hate speech content was identified by their technology in Q1 2018, they reported, resulting in the removal of 2.5

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Payments Google Apple Innovation 196

Accenture

NOVEMBER 27, 2017

Connecting more than 8,000 decision makers and thought leaders across the industry, Sibos 2017 in Toronto was once again the platform where the global financial community explored the disruptions and opportunities in payments driven by innovation, technology and new business models. Will an instant GPI be next?

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PYMNTS

DECEMBER 6, 2019

We have a deep dive into Colorado’s digital driver’s license effort and news on Alphabet’s new CEO, as well as data on millennial Black Friday spending. UK Digital Bank Monzo Taps Visa Exec as US CEO. Monzo , London’s digital unicorn, has appointed TS Anil to head U.S. Top News . operations.

Millennials 101

Millennials Colorado Google Leadership 101

Gonzobanker

FEBRUARY 11, 2021

There’s a saying that “some things never change,” and when it comes to mid-size banks’ and credit unions’ technology priorities, there’s some truth there. Getting more value from existing technologies and vendor relationships. The first part isn’t particularly surprising (or newsworthy), but the second part is.

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Lending Fintech Technology System 128

PYMNTS

FEBRUARY 23, 2017

FinTech startup and digital banking solutions provider D3 Banking recently unveiled an intelligent voice banking interface using Amazon’s Alexa. The new voice interface will enable banking customers to check account balances, move money, listen to messages and manage financial goals using voice commands.

User Experience 109

User Experience Fintech Security Google 109

PYMNTS

FEBRUARY 25, 2020

Banks and legacy financial institutions (FIs) might be wise to study what disruptive technologies recently did to the print publishing industry, taxi cabs, network TV, and a host of other businesses that were disintermediated with little to no warning in recent years.

Mobile 153

Mobile Cards social media Survey 153

Chris Skinner

JUNE 7, 2017

Someone made an interesting comment about Google this week: banks can attack Google’s soft underbelly. And banks can attack it? The question is whether banks have the gumption to actually think about doing it. interesting that I found that article via Google. Soft underbelly? You must be joking.

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Data Google Survey US 251

CB Insights

JULY 25, 2019

Fintech is often associated with digital tools targeted at tech-savvy millennials. But there is a growing market of fintech companies serving the unique financial needs of Baby Boomers and older retirees — and for good reason. Fintech services for seniors are targeting a range of sub-categories.

Millennials 73

Millennials Fintech Tools Fraud 73

The Financial Brand

SEPTEMBER 7, 2020

This digital pioneer goes branchless but says no to partnerships with Google and Alexa voice banking. The post Digital-First Banking Doesn’t Mean Chasing Every Fintech Innovation appeared first on The Financial Brand. Listening to what consumers want is key.

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Innovation Fintech Google Branding 42

PYMNTS

SEPTEMBER 25, 2019

Among the biggest ongoing challenges and opportunities in payments – and a trend that will hold well into the 2020s, which are just about to start – is using mobile technology to bring more consumers into the formal financial sector. There is no Pan-African digital bank,” Hainy said. “So That’s not all. It has raised $1.6

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PYMNTS

OCTOBER 4, 2019

As Mark Rockefeller, co-founder and chief executive officer of small business lending-as-a-service provider StreetShares , told PYMNTS in a recent interview, that pressure to digitize expands to credit unions and community banks in their SMB lending offerings, too, and do it profitably. The Open Banking Trajectory. In the U.S.,

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Lex Sokolin

SEPTEMBER 19, 2019

Fintech is expensive. Fintech is everywhere. If you are a thinking about starting a financial services company, and it does not have technology at its core?—?don’t. Fintech is the global competition for regulation, talent, and macroeconomic supremacy. Fintech is the trade war between the US and China.

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Fintech Lending United States Data 40

PYMNTS

NOVEMBER 25, 2019

Banks and credit unions are certainly not on their way out, even as they face more pressure from challenger banks, FinTechs and Big Tech in the coming decade. They are described by Google as “smart,” since they will provide account holders with money management tips to optimize and manage the funds in those accounts.

Google 272

Google Fintech Payments Apple 272

Accenture

SEPTEMBER 22, 2019

But there’s another reason why the neo-challengers are so front-of-mind: They’re industry leaders in cultivating technology innovation and optimising customer service and experience. Traditional banks have responded by innovating and creating their own digital banking brands—witness the launches of RBS’s Bó and HSBC’s Connecting Money app.

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Innovation Metro Apple Marketing 150