PYMNTS

JULY 24, 2020

Yet CUs are also typically local institutions servicing close-knit communities, so taking on a leadership role within the global payments innovation ecosystem may not seem like the most natural fit. ” Leadership Through Collaboration. “There’s no one-size-fits-all solution that covers the span of everything.”

Innovation 201

Innovation Payments Leadership National 201

PYMNTS

OCTOBER 17, 2019

billion after raising $200 million in a venture funding round led by DST Global, which Chime said would be used toward growing the business and launching additional lending and credit products, as well as doubling its size to more than 200 employees and expanding its leadership team. Earlier this year, it reached a valuation of $1.5

Digital Banking 107

Digital Banking San Francisco Leadership Cards 107

PYMNTS

MAY 21, 2019

German FinTech company Raisin, an investment and savings marketplace, is looking to expand its business into the U.S., The company, which is backed by PayPal, wants to attract customers with higher-yielding deposits from its various banking partners. billion) in deposits for German banks like Commerzbank and N26.

Fintech 135

Fintech US America Leadership 135

Chris Skinner

JUNE 21, 2018

I sometimes think I’m too harsh on the financial community, with my continual banter about core systems change, lack of digital leadership, inability to see how critical digital is to their future and the impact FinTech is making on global financial structures.

How To 204

How To Leadership Community Fintech 204

PYMNTS

JANUARY 11, 2021

After getting the banking license, Revolut said it would develop a “financial super app.” The FinTech startup has already created several financial services products, including cryptocurrency and stock trading, savings wallets, junior accounts and rewards. He will be tasked with developing the board and leadership team.

cryptocurrency 216

cryptocurrency Leadership Bitcoin Fintech 216

PYMNTS

DECEMBER 18, 2020

A month after its purchase by Mastercard was cleared by the Department of Justice (DOJ), open banking platform Finicity announced on Friday (Dec. According to Finicity, the move extends its leadership in providing direct data access through the use of APIs to the FinTech category.

Data 242

Data Leadership Innovation Fintech 242

Gonzobanker

JULY 8, 2022

The operational world of cash, checks, deposit slips, passbooks, and teller terminals used to dominate bank tech budgets. Those were the days of green screen cores and server-based ancillary applications, and digital banking was a Star Trek thing of the future. 2: Talent Shortage. Innovation Leader.

Resources 146

Resources Leadership Technology Management 146

Chris Skinner

SEPTEMBER 9, 2019

I was talking with a senior banker, who told me that he was in charge of the Artificial Intelligence program in the bank. I was impressed as he is part of the executive leadership team of the bank and not the CIO.

Leadership 303

Leadership Digital Banking Innovation Technology 303

PYMNTS

MARCH 11, 2020

Wells Fargo CEO Charlie Scharf appeared before the House Financial Services Committee on Tuesday (March 10) to answer questions regarding past “fake account” scandals at the bank. Scharf, who came on as CEO four months ago, pointed to new leadership and a flatter organizational structure as important elements of the firm’s plans for progress.

Payments 140

Payments Fraud Regional Digital Banking 140

Chris Skinner

OCTOBER 5, 2016

I’m always blogging about replacing core systems, open source the bank, change the leadership to one that gets it and just do it. Not gonna name names, but I’ve had a few really fun discussions with banks in … The post Forget legacy systems; what about legacy vendors? So let’s change tack. Who’s the vendor?

System 395

System Leadership Digital Banking Fintech 395

Fintech Labs Insights

MARCH 15, 2024

In the fintech space, only Fintech Meetup , launched in 2021, has reached critical mass this decade. Last week’s event in Las Vegas attracted a self-reported 4,000 attendees and was the talk of the fintech pods and Substacks the last few weeks. The pandemic slowed the introduction of new events.

Conference 15

Conference Las Vegas Fintech Case Study 15

Chris Skinner

OCTOBER 25, 2016

Mid-way through #money2020 and in my fourth back-to-back chat about Fintech and leadership and core systems renewal and machine learning and and and … I am suddenly taken back to my roots. My roots are firmly in data.

Leadership 150

Leadership Fintech System Data 150

PYMNTS

FEBRUARY 26, 2020

In the February Credit Union Tracker , PYMNTS explores the latest in the world of CUs, including new co llaborations between CUs and FinTech firms, initiatives to appeal to Generation Z and how CUs are working to protect against the ongoing threat of data breaches. million CU members. Developments From Around The World Of Credit Unions.

Nevada 192

Nevada Security Innovation Data 192

Chris Skinner

MAY 17, 2018

I’ve often been hired to run a workshop or presentation at a bank’s boardroom meeting. Usually, I’m hired by the frustrated digital guy who wants to convince the rest of the leadership team that it’s important. appeared first on Chris Skinner's blog.

Leadership 251

Leadership Meeting Digital Banking Fintech 251

CFPB Monitor

NOVEMBER 7, 2022

Hsu frequently has shared concerns about the need for the OCC to develop in-depth understanding of the technologies banks are adopting, including in the context of bank-fintech partnerships and bank involvement with cryptocurrency products.

Financial Technology 78

Financial Technology Technology Fintech Innovation 78

Gonzobanker

FEBRUARY 29, 2024

There are banks with a few billion in assets running with better efficiency ratios than banks with $50 billion in assets. So, while growth and scale are helpful, bank leaders need to dive deeper into the key areas that will drive a new frontier of smarter efficiency.

Tools 163

Tools Analytics Data System 163

Payments Source

DECEMBER 26, 2019

The prepaid card pioneer's banking-as-a-service platform might make it an attractive acquisition for an enterprise technology giant or bank, analysts say.

Leadership 63

Leadership Cards Technology Digital Banking 63

PYMNTS

FEBRUARY 27, 2020

Online and mobile banking’s increasing popularity has driven many credit unions (CUs) to embrace self-service models, emphasizing ATMs, digital banking and other remote services, and reducing physical branches’ importance. We used to think of FinTechs as a threat, and now we’re seeing them as more of an opportunity.

Nevada 131

Nevada Innovation Security ATM 131

Gonzobanker

JULY 20, 2022

financial institution executives surveyed for What’s Going On In Banking 2022 , 19% of community banks and 10% of credit unions had not launched a digital transformation strategy prior to this year, and another 15% had no plans to do so. While there are certainly distinct roles around digital that managers in the I.T,

Digital Strategies 174

Digital Strategies Strategy Leadership Customer Experience 174

Gonzobanker

FEBRUARY 20, 2021

GonzoBanker mothership Cornerstone Advisors’ recent What’s Going On In Banking 2021 research points to digital account opening being the top bank tech replacement priority in mid-size banks for the third year in a row. Digital banking providers answered the demand with digital account opening solutions.

Digital Banking 97

Digital Banking Lending ATM Atlanta 97

Chris Skinner

APRIL 23, 2017

He gave me the classic view: “A bank is there to take people’s money and lend it out at a profit, whilst ensuring the risk of non-payment is minimised” No it isn’t, I … Financial Services: The Next Generation … where is it? It is blockchain like, but more scalable and robust by using a network structure rather than a chain.

America 184

America Leadership Maine blockchain 184

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

Google 100

Google Massachusetts Groups Leadership 100

American Banker

DECEMBER 26, 2019

The prepaid card pioneer's banking-as-a-service platform might make it an attractive acquisition for an enterprise technology giant or bank, analysts say.

Leadership 56

Leadership Cards Technology Digital Banking 56

Lex Sokolin

SEPTEMBER 19, 2019

Fintech is expensive. Fintech is everywhere. Fintech is the global competition for regulation, talent, and macroeconomic supremacy. Fintech is the trade war between the US and China. Fintech is the trade war between the US and China. Fintech is Facebook and Amazon. Fintech is the next bubble to burst.

Fintech 40

Fintech Lending United States Data 40

BankNXT

FEBRUARY 23, 2016

In order to become a digital bank, you have to juxtapose physical thinking with digital thinking. A digital bank, in one picture on BankNXT. Story by Chris Skinner.

Digital Banking 40

Digital Banking Leadership Fintech 40

BankNXT

MARCH 27, 2017

Will Beeson interviews David Brear, who discusses digital banking, transformation in financial services and digitisation. Digital banking is 1% finished – interview with David Brear on BankNXT.

Digital Banking 40

Digital Banking Leadership Trends Fintech 40

American Banker

JANUARY 4, 2017

Wells Fargo's innovation group has appointed Peggy Mangot for the newly created position of senior vice president of its design and delivery leadership team.

Groups 70

Groups Innovation Leadership Fintech 70

PYMNTS

SEPTEMBER 26, 2019

California -based digital bank Mercury has announced it has raised $20 million in Series A funding that will be used to build a bank for startups.

Leadership 101

Leadership California Community Digital Banking 101

Independent Banker

AUGUST 31, 2021

of digital banking customers said they switched to digital banking because of the pandemic. Source: 2021 Provident Bank survey. These days, there’s a lot to contend with as a community bank, from changing consumer behaviors due to the pandemic to uncertainty surrounding the economy and inflation. Quick stat.

Community Bank 170

Community Bank Community Lending Leadership 170

Gonzobanker

DECEMBER 17, 2021

A few years ago, very few people would have guessed that tens of billions of dollars would be invested in fintech vendors and solutions annually – except it happened. 2021 fintech investments, merger activities, and overall focus were off the charts. Best Fintech Acquisition by a Bank. Fintech Acquiring Bank.

Fintech 147

Fintech Strategy Leadership Lending 147

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

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

PYMNTS

OCTOBER 23, 2020

We are looking forward to expanding our product suite and market leadership while providing freelancers with an unparalleled banking experience.”. The round was led by Group 11 , with major participation from Foundation Capital, AltaIR Capital, Primary Venture Partners, Torch Capital, and Zeev Ventures.

Capital 170

Capital Leadership Taxes Google 170

BankNXT

DECEMBER 7, 2016

Chris Skinner explains the difference between fintech and techfin. Go fintech or go home (and don’t be techfin) on BankNXT. If you stand and watch the waves recede, do you run or carry on playing volleyball?

Fintech 40

Fintech Leadership Digital Banking 40

The Financial Brand

JANUARY 4, 2017

The age of fintech influencers is above that of employees at major tech firms. Is experience or youth more important for a digital bank?

Fintech 25

Fintech Digital Banking Leadership 25

Gonzobanker

FEBRUARY 1, 2024

Leaders need to be honest about succession plans and realistic about the Fed and rate shifts, which led to compressed margins and pressures on investment portfolios and contributed to the failures of First Republic, Signature and Silicon Valley banks. While the mood felt upbeat and optimistic (maybe it was the sunny and mid-70s weather?),

Conference 88

Conference FDIC Arizona Industry 88

Insights on Business

AUGUST 15, 2017

In the world of digital banking, bigger isn’t always necessarily better. Australian digital-only bank UBank is aiming to disrupt the banking industry to deliver a simpler, better, smarter customer experience. UBank evaluated cloud providers and chose to work with IBM. Partnering with IBM Bluemix.

Leadership 87

Leadership Case Study Innovation Online 87