Bank Innovation

APRIL 10, 2018

Long before PSD2 arrived ( the European regulation that requires banks to open their platforms to fintechs), the U.K. had already established itself as a hub in Europe for digital banks like Revolut, Monzo etc. And indeed, these digital banks are growing in popularity, at least when it comes to people knowing they exist.

Digital Banking 220

Digital Banking Regulation Fintech social media 220

Insights on Business

APRIL 28, 2017

Traditionally, banking was a conservative industry with relatively high barriers to entry. Banking products and services were defined and controlled by the bank. At the same time, regulators in many countries also have relaxed regulations to encourage innovation in the banking industry.

Digital Banking 171

Digital Banking User Experience Branding social media 171

PYMNTS

SEPTEMBER 23, 2019

Advanced technology is increasingly raising the stakes of how CUs should operate, with members coming to expect the instant payments and slick mobile interfaces that large banks and FinTechs have made standard. How Digital-First CUs Can Break The Impersonality Barrier. Deep Dive: How CUs Leverage Social Media.

social media 157

social media Trends Michigan United States 157

Bussman Advisory

OCTOBER 1, 2021

The latest edition of the FinTech Ecosystem Newsletter is here : The post Chase taps 10x for UK digital bank | Private Equity firm KKR makes first blockchain investment | Starling Bank takes its banking-as-a-service to Europe appeared first on Bussmann Advisory AG.

blockchain 52

blockchain Digital Banking social media Fintech 52

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.

Fintech 115

Fintech social media Apple Google 115

PYMNTS

JANUARY 18, 2017

2017 could have some big changes in store for digital banking. As the calendar turned to January, banks rolled out new ways for both commercial and corporate banking clients to conduct business by tapping the potential of several new financial innovations. Notable news from the Digital Banking space.

Data 100

Data social media Report Community Bank 100

NCR

JULY 31, 2017

As we explored in the first part of this two-part guide, digital banking fraud is an escalating threat to financial institutions and their customers. Digital banking fraud can take many forms, such as identity fraud and account takeover , which are becoming increasingly common. million in 2016.

Fraud 74

Fraud Digital Banking social media Security 74

PYMNTS

OCTOBER 19, 2016

Around the Digital Banking world. As smartphones become a more crucial part of consumers’ financial lives, companies around the digital banking space recently rolled out improvements or upgrades to the security and financial features to their mobile apps. About The Tracker.

Regulation 100

Regulation Cards Digital Banking social media 100

Gonzobanker

DECEMBER 14, 2023

Not the financial industry’s “Troublemakers ” – those regional and community banks, credit unions and supporting fintech entrepreneurs who continue to engage customers and communities and find niches that keep the grassroots of our country’s financial system alive and kicking. Paul Murphy, founder of Murphy & Co.

Fintech 194

Fintech Community Regional Technology 194

PYMNTS

JUNE 28, 2016

Citigroup’s FinTech unit is reportedly testing how it can use Amazon’s voice-activated assistant, Alexa, and the technology that powers her voice in tandem with its mobile banking app. Citi may also eventually look into how social media payments could be integrated into its banking options.

social media 101

social media Digital Banking Capital Fintech 101

PYMNTS

JUNE 16, 2016

So, when it comes to something like digital banking , it’s not so much about finding what’s easy as it is about finding what service best meets millennials’ needs. Likewise, he said, social media has been a natural well for lead generation. Instagram is wildly successful for us to get customers to sign up,” Britt said.

Millennials 100

Millennials Mobile Digital Banking US 100

PYMNTS

APRIL 22, 2020

Banks are jostling for space in the market because an expanding number of FinTechs and large-scale technology companies are competing for the same set of consumers. Banks must enable fast and seamless onboarding experiences, but these processes should also be secure.

Security 133

Security Data Fraud Tools 133

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. Staying on Top of Customer Expectations.

Millennials 132

Millennials Digital Banking San Francisco Fintech 132

Gonzobanker

APRIL 3, 2019

If consumers can get constant access to services and purchase through their computers, mobile devices and smart home technology, it follows that they would expect a similar level of connectivity (for service, advice and purchases) from their financial institutions. Consider fintech partnerships that offer digital delivery.

social media 99

social media Exercises Millennials Training 99

Chris Skinner

FEBRUARY 16, 2017

The internet of things is emerging, but it cannot exist until a bridge between the mobile social network and the internet of things has a strong underlying architecture for device-to-device commerce. It’s not been well defined or described. Many would say it’s the internet of things, but I disagree.

Marketing 233

Marketing social media Analytics Mobile 233

CB Insights

AUGUST 2, 2018

One of the biggest trends in fintech today is the rise of digital banking products like mobile checking accounts and new debit cards. From Square to Paypal, a host of fintechs are creating products that let consumers spend money directly out of digital accounts using a physical card. How the products work.

Cards 71

Cards Fintech UX Strategy 71

CB Insights

NOVEMBER 5, 2019

There are just two China-based fintech businesses valued at over $100B in the world. The second, conceivably, is Tencent’s fintech business. In May 2019, Barclays released a note estimating the value of Tencent’s fintech business at $123B, or close to a third of the company’s total market cap.

Fintech 51

Fintech social media Analysis Marketing 51

NCR

MARCH 5, 2018

The banking sector is currently going through one of the most fundamental changes since the creation of the internet. For example, it has bought a big data company, Madiva, and digital design specialist Spring Studio in the last few years, as well as taking stakes in digital banks in the US, the UK and Finland.

Technology 84

Technology Company social media Examples 84

Independent Banker

NOVEMBER 25, 2015

The role of Alex Jimenez, senior vice president and director of digital and payments innovation at the $7.2 billion-asset, 85-branch community bank based in Rockland, Mass., We are trying to stretch ourselves and go beyond what other banks are doing,” Jimenez explains. Now, it’s table stakes for all banks.”.

Innovation 70

Innovation Community Bank social media Community 70

Gonzobanker

DECEMBER 22, 2020

Chris’ public posts including his playbook for dealing with COVID-19 were gobbled up on social media. staff who had to mobilize remote work environments in a matter of weeks and then take lamebrain calls 24/7 from all of us remote neophytes. (“Oh, There have been many come-and-go digital banks. To all the I.T.

Idaho 172

Idaho Community Industry Strategy 172

Fintech Labs Insights

JUNE 30, 2020

Launched in 2007 in NYC, Finovate* now organizes 4+ shows annually where fintech startups (as well as a few bigger companies mixed in) show their technology in no-Powerpoint 7-min demos. These are the 27 demos (from 24 fintech startups**) that won the audience vote for Best of Show at the end of each event. FinovateFall (Sep 2019).

Fintech 15

Fintech Video San Francisco social media 15

PYMNTS

OCTOBER 29, 2018

And as more inventory shifts to the mobile devices that don’t drive the same conversion numbers for Google as desktop does, analysts worry that the slowdown – and the revenue losses that come with it – could continue. FinTechs … and the Banks They Wanted to Disrupt. Apple … and the iPhone Customer.

Payments 196

Payments Google Apple Innovation 196

Cisco

MAY 29, 2019

But, when it really comes down to it, how can banks, saddled with regulations and security challenges, compete with the experiences offered by customer-obsessed tech powerhouses and agile fintechs? The potential cost of a poor user experience for mobile banking is high. And when it isn’t? And those abandonment rates?

Customer Experience 71

Customer Experience Retail San Diego Study 71

William Mills

SEPTEMBER 25, 2018

banks @cashoff_uk Lina Perez, Billy Leung. Demoing mobile banking app which has smart capability. Starting off the morning with lots of demos expanding the ability of the mobile banking app. ^KT. This banking app provides functions that include cashback and tailored smart advice. www.tinkoff.ru/eng

Mobile 78

Mobile Customer Experience Lending Analytics 78

Insights on Business

FEBRUARY 10, 2019

9:30 AM – 10:10 AM | Session ID: 6925A and 7504B Digitizing the Flow of Goods, Information and Money with Blockchain. 10:30 AM – 11:10 AM | Session ID: 4305 | Next: A New Digital Bank Needs a New Customer Service Experience. 12:30 PM – 1:10 PM | Session ID: 1964 : Next-Generation Banking at State Bank of India.

San Francisco 79

San Francisco blockchain Conference Video 79

Cisco

MAY 29, 2019

But, when it really comes down to it, how can banks, saddled with regulations and security challenges, compete with the experiences offered by customer-obsessed tech powerhouses and agile fintechs? The potential cost of a poor user experience for mobile banking is high. And when it isn’t? And those abandonment rates?

Customer Experience 48

Customer Experience Retail San Diego Study 48

Fintech Labs Insights

JANUARY 15, 2016

Available only via mobile app, imaginBank is a new initiative by Spanish bank, Caixabank targeting millennials. CaixaBank CEO Gonzalo Gortázar said the new mobile-only bank was part of a “commitment to providing new services that perfectly complement the more traditional banking model.”

Millennials 12

Millennials Mobile social media ATM 12

Lex Sokolin

AUGUST 19, 2020

The results say more about consumer Fintech investing than about any company in particular. Next came the arithmetic of how much these companies raised, and how together they have 15 million users and $10 billion of European Fintech unicorn enterprise value. Grab the financial model we built for this analysis here. It’s not impossible.

Comparison 52

Comparison Fintech Lending Analysis 52

Fintech Labs Insights

JULY 28, 2016

Digital banking pioneer Fidor Bank has been acquired by Groupe BPCE of France. Terms were not disclosed, and Fidor Bank founder and CEO Matthias Kröner will remain with the company. ” Kröner, whose bank expanded to the U.K. ” Kröner, whose bank expanded to the U.K.

Groups 12

Groups social media New York Digital Banking 12

Fintech Labs Insights

APRIL 30, 2015

Digital banking platform for financial institutions. Online & mobile payment solutions in Southeast Asia. Digital payment platform aimed at construction industry . Prepaid mobile wallet for fundraising. Payments via social media. Discount mobile remittance service. Source: Crunchbase.

Las Vegas 12

Las Vegas Company North Carolina Fintech 12

Gonzobanker

NOVEMBER 18, 2014

With a focus on digital banking and branch transformation, it was interesting to see the attendee list with lots of sexy new customer experience and analytics titles. We also liked that Fiserv Mobiliti brought out the R&D folks to show gadgets they were experimenting with across channels. General Sessions. C’mon Avanade!

Chicago 97

Chicago Retail Branch Design Training 97

Gonzobanker

MARCH 9, 2016

Between the dominant national banks in America and the hundreds of fintech startups aimed at disrupting our industry, there lies a group of resilient mid-size financial institutions. Accenture has urged banks to embrace an “outside-in strategy to reinvent customer experience in the age of digital banking.”

National 60

National Innovation San Francisco Industry 60

Bank Innovation

APRIL 3, 2018

EXCLUSIVE - There is a lot to be said about keyboard applications and their untapped potential in the payments space. Hoping to bridge that gap is Aditya Haripurkar, who founded HitKey last June, and is currently looking to raise seed funding to scale the app. Based in city-state Singapore, HitKey provides white label keyboard software […].

Video 186

Video Industry Payments Software 186

William Mills

SEPTEMBER 9, 2016

An App Store for FinTech applications. Customers want self-service capabilities but regulation and risk is top of mind that get in the way of digital interactions. Social media is a special challenge since social media was not created with compliance in mind. They record automatically on digital channels.

social media 40

social media ATM Mobile Customer Experience 40

William Mills

MAY 9, 2018

There are a number of great events in FinTech but this one I do my best to attend each year. Product distribution strategy: Through financial institutions, through other fintech companies and platforms. Product distribution strategy: Direct to Business (B2B), through other fintech companies and platforms (curently via Finastra).

Security 40

Security Samsung Strategy San Jose 40

Gonzobanker

MAY 30, 2017

The busiest expo booths were one-off specialists like lending analytics campaign provider Intuvo and digital banking provider Alkami talking about applying data. Are you doubled down chasing unstructured social media data? The more specific and applied the use case, the better. Crazy-Like-a-Fox Zone. So … how about it?

Analytics 71

Analytics Data System social media 71

Gonzobanker

DECEMBER 19, 2017

One word can summarize this action-packed banking year, GonzoBankers – tiring. FinTech threats and distractions. While the darling of FinTech conferences, this divestiture seems primarily driven as a means of Customers delaying the $10 billion Durbin hit and maintaining quarterly EPS expectations from the Street.

Conference 91

Conference Industry Community Bank Community 91