PYMNTS

JULY 1, 2019

When it comes to technological innovation, however, the smaller players have long been outgunned by larger FIs and their sizable IT budgets. Today, small banks are more aggressive and ambitious in their innovation strategies than medium-sized and large FIs. percent) and large banks (23.8 percent in 2017.

Innovation 157

Innovation Innovation Strategies Survey Groups 157

The Financial Brand

SEPTEMBER 21, 2021

The post Banking-as-a-Service Sharply Alters the Roles of Banks and Fintechs appeared first on The Financial Brand - Banking Trends, Analysis & Insights. BaaS' is redefining when and where all types of companies provide financial services. There are huge implications for legacy institutions.

Fintech 43

Fintech Banking Trends Analysis Trends 43

The Financial Brand

AUGUST 23, 2021

The post More Banks Eye Rent-a-Charter Business Model for Fintechs & Neobanks appeared first on The Financial Brand - Banking Trends, Analysis & Insights. Here’s why you might want to jump on the BaaS train while it’s still in the station.

Fintech 43

Fintech Training Banking Trends Analysis 43

The Financial Brand

DECEMBER 5, 2021

Hands down, speed is the biggest competitive advantage a bank or credit union can have. The post 3 Ways Any Financial Institution Can Move with Fintech Speed appeared first on The Financial Brand - Banking Trends, Analysis & Insights. Here's why, and what it takes to dial it up.

Fintech 39

Fintech Banking Trends Analysis Trends 39

The Financial Brand

OCTOBER 13, 2021

The integration of finance and digital technology has resulted in exponential growth of digital banking and fintech solutions. The post Digital Finance Penetration Surpasses That Of Social Media appeared first on The Financial Brand - Banking Trends, Analysis & Insights.

social media 43

social media Banking Trends Analysis Digital Banking 43

PYMNTS

AUGUST 17, 2017

Chase, Wells Fargo, Bank of America and Citi, to name a few, all scaled back their physical bank branch locations between 2012 and 2016, according to the Federal Deposit Insurance Corporation (FDIC). Additionally, if recent trends are any indication, physical bank branches stand to lose a lot of ground in the near future.

Millennials 132

Millennials Digital Banking San Francisco Fintech 132

The Financial Brand

JULY 5, 2021

The post Consumers Funding Construction Loans in Innovative Fintech Model appeared first on The Financial Brand - Banking Trends, Analysis & Insights. Online platform brings upscale retail investment funding to smaller markets, providing housing and related construction credit opportunities.

Innovation 36

Innovation Fintech Banking Trends Analysis 36

The Financial Brand

SEPTEMBER 12, 2021

Increasing demand for digital loans and faster decisions is changing the face of consumer lending. The post Banks Are Arming to Win the Digital Lending War With Fintechs appeared first on The Financial Brand - Banking Trends, Analysis & Insights.

Lending 40

Lending Fintech Banking Trends Analysis 40

The Financial Brand

JULY 19, 2021

Digital banking engagement leads to more customer data and better customer experiences, which leads to greater loyalty and higher profits. The post The Future of Loyalty in Banking is at Risk appeared first on The Financial Brand - Banking Trends, Analysis & Insights.

Customer Experience 43

Customer Experience Banking Trends Analysis Digital Banking 43

PYMNTS

NOVEMBER 20, 2019

Scotiabank’s Three-Pronged Innovation Strategy. It is really for any new innovations and trends out there, which would include fraud and cyber.”. Llewellyn added that banks are looking for experts in anti-money laundering, cybersecurity, data analytics and payments.

Fraud 117

Fraud Data Management Analytics 117

The Financial Brand

NOVEMBER 7, 2021

Increasingly consumers want solutions to their money conundrums and they don't care if it comes from a bank, a fintech or some combination. The post Why Open Banking Is a 2022 Must-Have for U.S. Financial Institutions appeared first on The Financial Brand - Banking Trends, Analysis & Insights.

Banking Trends 42

Banking Trends Analysis Trends Branding 42

The Financial Brand

JUNE 29, 2021

Anticipation about the mega-retailer's banking ambitions stokes fears, but the evolving role of hybrid fintech/neobank Green Dot is key. The post Walmart & Green Dot Turning Pre-Paid Cards into Checking Accounts appeared first on The Financial Brand - Banking Trends, Analysis & Insights.

Cards 42

Cards Banking Trends Analysis Trends 42

The Financial Brand

JUNE 24, 2021

21 deals with neobanks and fintechs like Aspiration, Ellevest and Greenwood sent a community bank down an unexpected (and profitable) path. The post Community Bank Builds Future on ‘Banking as a Service’ & Google Plex appeared first on The Financial Brand - Banking Trends, Analysis & Insights.

Community Bank 41

Community Bank Community Google Banking Trends 41

PYMNTS

JULY 18, 2019

It might be the case that as institutions scale larger, caution increases too — at least when it comes to innovation. percent of mid-sized firms plan to focus on innovation. An increasing number, at more than 18 percent, intend to observe market trends before introducing new products, versus 14.8 The study found that only 13.3

Innovation 155

Innovation Study Technology Millennials 155

The Financial Brand

NOVEMBER 7, 2021

Research on the future of banking finds that most changes in the future of banking will be evolutions of the more recent past. The post 14 Surprising Projections on the Future of Banking appeared first on The Financial Brand - Banking Trends, Analysis & Insights.

Banking Trends 43

Banking Trends Analysis Trends Branding 43

The Financial Brand

OCTOBER 3, 2021

Google's abandonment of Plex digital-only banking should not bring comfort to traditional banks that are slow to respond to neobank offerings. The post Traditional Banks Remain Unprepared for Digital-Only Challengers appeared first on The Financial Brand - Banking Trends, Analysis & Insights.

Banking Trends 43

Banking Trends Analysis Google Trends 43

The Financial Brand

SEPTEMBER 29, 2021

Priorities are fundamentally shifting in banks and credit unions as they grapple with the challenges (and opportunities) of the marketplace. The post Word on the Street: 6 Insider Realities of Banking Today appeared first on The Financial Brand - Banking Trends, Analysis & Insights.

Banking Trends 43

Banking Trends Analysis Trends Branding 43

The Financial Brand

SEPTEMBER 9, 2021

appeared first on The Financial Brand - Banking Trends, Analysis & Insights. With interest in holding crypto rising fast among Americans, there's an opportunity to establish an early presence. The post Are Cryptocurrencies Coming to Everybody’s Checking Accounts?

cryptocurrency 43

cryptocurrency Banking Trends Analysis Trends 43

The Financial Brand

NOVEMBER 17, 2021

The post Banks and Credit Unions Wade Into Crypto Banking (And Why) appeared first on The Financial Brand - Banking Trends, Analysis & Insights. You may not 'get' Bitcoin, Ether, Litecoin or their cousins yet, but three financial institutions' experiences suggests there's potential.

Bitcoin 40

Bitcoin Banking Trends Analysis Trends 40

The Financial Brand

DECEMBER 1, 2021

There is a significant performance gap between digitally-ready financial institutions and those encumbered by legacy business models. The post The Expanding Gap in Financial Performance Should Frighten Bankers appeared first on The Financial Brand - Banking Trends, Analysis & Insights.

Banking Trends 39

Banking Trends Analysis Trends Branding 39

The Financial Brand

JULY 20, 2021

Digital giants like Google and Apple are more than a match for financial institutions in some areas, but incumbents can still prevail. The post Reinvent and Reimagine: Traditional Banking Providers Have Work To Do appeared first on The Financial Brand - Banking Trends, Analysis & Insights.

Banking Trends 43

Banking Trends Analysis Apple Google 43

The Financial Brand

SEPTEMBER 1, 2021

The post 5 Cryptocurrency Issues Banks & Credit Unions Must Tackle Now appeared first on The Financial Brand - Banking Trends, Analysis & Insights. Traditional institutions can't risk falling behind what consumers home in on.

cryptocurrency 42

cryptocurrency Banking Trends Analysis Trends 42

The Financial Brand

OCTOBER 27, 2021

CBDCs' would enable the fastest payments yet, but under some scenarios banking's role would be reduced significantly. The post Central Bank Cryptos and the Critical Issues Behind A High Stakes Debate appeared first on The Financial Brand - Banking Trends, Analysis & Insights.

Banking Trends 36

Banking Trends Analysis Trends Branding 36

The Financial Brand

AUGUST 3, 2021

In 10 to 15 years, CEO Anne Boden believes people will be talking about Chase and Starling Bank, not Chase and Wells – it's her goal. The post Starling Bank’s Dead-Serious Strategy: Growing Into a Megabank Rival appeared first on The Financial Brand - Banking Trends, Analysis & Insights.

Strategy 38

Strategy Banking Trends Analysis Trends 38

The Financial Brand

JUNE 8, 2021

Challenger bank 'One' has a fresh take on using banking-as-a-service that cuts out costs to give middle class a better deal. The post Neobank With Its Own Core Tech Is Nearly a Bank (Without a Charter) appeared first on The Financial Brand - Banking Trends, Analysis & Insights.

Banking Trends 38

Banking Trends Analysis Trends Branding 38

The Financial Brand

JULY 26, 2020

Here's why all banks and credit unions must have a strategy for a trend that's reshaping banking. The post Open Banking Gets a Jump Start from COVID appeared first on The Financial Brand. In some ways the U.S. has passed Europe.

Strategy 43

Strategy Trends Branding Customer Experience 43

William Mills

SEPTEMBER 7, 2016

Visualizing data for trends and market projection, visualize data in different ways. Provides mobile banking to banks and credit unions. But came here to talk about BankJoy API –Which provides advance banking out of the box. Their API is already integrated in a few core systems and other fintech necessitates.

Mobile 40

Mobile Cards Fraud Data 40

CB Insights

MAY 15, 2019

As fintech plays a larger role in the financial ecosystem, companies are looking for ways to use tech to solve problems and find new opportunities in the space. One popular approach: in-house financial innovation labs. Partnership Fund for New York City and Accenture — FinTech Innovation Lab. Get the entire 43-page PDF.

Innovation 78

Innovation blockchain Technology Groups 78