Gonzobanker

MARCH 28, 2024

In fact, according to Cornerstone’s What’s Going On In Banking 2024 report, 14% of banks and 20% of credit unions stated that they are less than 25% complete with their digital transformation. Banks and credit unions are maturing their internal digital support capabilities. Choosing a new partner is no small feat.

Digital Banking 134

Digital Banking Customer Experience Strategy Exercises 134

PYMNTS

SEPTEMBER 3, 2019

PayPal, Augmentum Fintech, International Airlines Group and Investec’s INVC Fund also participated in the round. With this in mind, we’re excited to be enhancing our smart, simple banking experience with integrated payment solutions like Apple Pay.”. The company said it has more than 1.4 as well as France.

Fintech 129

Fintech Apple National Mobile 129

PYMNTS

NOVEMBER 11, 2020

In today’s top digital-first banking news, MercadoLibre has been granted a license from Brazil’s central bank, while payments FinTech Alacriti has teamed with Glia on new customer service options for payments needs. Plus, payment startup SumUp has been granted a new electronic money license from Ireland’s central bank.

Philadelphia 165

Philadelphia Fintech National Payments 165

Bank Innovation

MAY 30, 2018

Citigroup has a digital-heavy, branch-light business approach that extends beyond its National Digital Bank platform (announced in March and currently in testing phase), according to Stephen Bird, CEO of Citi’s Global Consumer Banking.

Strategy 249

Strategy National Digital Banking America 249

PYMNTS

JULY 24, 2019

“If you look at where the big banks and brokerages make most of their money, it’s in their retail savings accounts.”. The average national yield of savings accounts is 0.10%, whereas Betterment’s annual yield is 2.69%. Betterment is among several FinTech startups that have launched deposit account products. .

Fintech 162

Fintech FDIC National Online 162

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

DECEMBER 9, 2020

All of these new FinTechs and digital innovators are changing the landscape as the role of payments rapidly shifts in the broader financial services arena. These aren't small companies or digital innovators,” he noted. Lukies said banks ceded that ground by failing to build for smaller businesses.

Innovation 306

Innovation Fintech Payments Regulation 306

Bank Innovation

SEPTEMBER 5, 2018

The digital banking service Varo Money announced last night it had received preliminary approval for a national banking charter from the Office of the Comptroller of the Currency, a division of the U.S. As Bank Innovation previously reported, Varo raised $45 million for this purpose in January. Treasury Department.

National 150

National Digital Banking Innovation Report 150

Gonzobanker

DECEMBER 19, 2022

In 2021, there were more than 120 fintech IPOs in the U.S., 2022 was the year the fintech industry and venture capital firms figured out that banking is harder than everybody thought. Acquisition of the Year: Bank Acquiring a Fintech. Acquisition of the Year: Fintech Acquiring a Bank.

Community 216

Community Fintech Industry Innovation 216

PYMNTS

OCTOBER 21, 2020

In an interview with Karen Webster, the European Banking Federation’s ( EBF ) Alexandra Maniati , Director of Cybersecurity & Innovation, said the European banking industry is, increasingly, embracing the cloud to pivot to new financial services and products across the Continent.

Data 317

Data Regulation National Examples 317

PYMNTS

JULY 23, 2020

Open banking has been picking up steam in Latin America for more than two years. Regulators in Mexico passed a law governing FinTechs in March 2018, just two months after PSD2 went into effect in the European Union, and others in the region have since followed suit. The creation of open banking initiatives in the E.U.

America 165

America Regulation Regional Tools 165

Gonzobanker

OCTOBER 12, 2022

Less than 10 years old, the Brazil-based digital bank counts 70 million clients across its three operating countries ( source ). The largest fintech bank in Latin America, this master of digital marketing – known for creating cool products with strong organic growth – continues its massive expansion in Mexico and Colombia.

Fintech 97

Fintech United States Chicago Mobile 97

South State Correspondent

OCTOBER 28, 2022

Gartner focused on technology infrastructure, while Money 20/20 was around fintech and payments. While this was a big idea from the past, there was still lots of energy around moving banks to a public, private, or hybrid native cloud construct in their architecture. Big Idea – Building a New Digital Retail Brand is Fool’s Gold.

Conference 195

Conference Technology Las Vegas Trends 195

Fintech Labs Insights

APRIL 12, 2024

Long before fintech was a thing (1995), I launched the first, and by most measures the biggest, newsletter during the first two decades of online/digital banking. It was called Online Banking Report and was read by a sizable portion of major industry players.

Innovation 15

Innovation Fintech Online Mobile 15

PYMNTS

JULY 12, 2019

Targeting the freelancer and small business space, FinTech startup Sensibill announced $31.5 The Canadian company provides receipt management for other mobile banking apps, enabling the apps and their small business users to aggregate and analyze spend and expense data. million in Series B funding this week.

Tools 160

Tools Capital Management Technology 160

PYMNTS

FEBRUARY 11, 2019

Lunar Way , the Nordic banking app, has raised €13 million in venture funding led by SEED Capital. The FinTech recently announced that it received a PISP payment license enabling it to offer more banking services, including making payments on behalf of customers. At the end of 2016, the firm raised €4.2 million ($4.5

Capital 108

Capital Fintech National Report 108

William Mills

MARCH 30, 2017

This year’s Retail Banking conference took place at the Trump National Doral in Miami March 22-24. The first day was dedicated to credit unions with sessions about Best Practices for Credit Unions, Omni-Channel Banking – Is the Branch Dead or Is it the Future and How to Best use Branding.

Retail 40

Retail Conference Miami Strategy 40

Gonzobanker

DECEMBER 22, 2020

John Beale , longtime CIO of City National Bank. For more than 20 years, John has helped City National grow its niched commercial and private banking businesses with strategic technologies. The most surreal statement we heard from bank CFOs at the end of 2020 “We may have too much in our allowance for loan losses.”

Idaho 172

Idaho Community Industry Strategy 172

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. A national unemployment rate of 3.6% and a shocking 1.3%

Resources 139

Resources Leadership Technology Management 139

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. Bank Merger of the Year. Best Fintech Acquisition by a Bank.

Fintech 143

Fintech Strategy Leadership Lending 143

Chris Skinner

FEBRUARY 22, 2017

If a bank needs to do KYC, I give permission for a validation of my name, address and nationality to the bank to my identity data – just those parts they need to access – for a period of up to 24 hours.

America 262

America Data Analysis Course 262

Bobsguide

FEBRUARY 22, 2022

The bank was looking for a modern, digital banking solution that would help it transform customer engagement through the delivery of contextual experiences. Furthering the government’s vision of moving operations and infrastructure to the cloud, BDB wanted to host the entire core banking platform on a public cloud.

Innovation 78

Innovation Customer Experience Strategy Operations 78

Gonzobanker

DECEMBER 20, 2019

There is an understanding that technology and fintech are going to cause radical change, but the how, how big and when are still very unclear. So many miles to go, retail bankers! In a mature credit cycle with a tough yield cure, Chase is still growing retail revenue a 7+% and mobile banking users by 12+%.

Idaho 148

Idaho Conference Data Marketing 148

American Banker

DECEMBER 13, 2016

plans to grow mobile users and banks' relationship with fintech. Ralph Hamers, CEO of ING Group in Amsterdam, sat down with American Banker to talk about the company's future in the U.S.,

Retail 28

Retail Groups Mobile Fintech 28

NCR

JULY 19, 2016

The renaissance in retail banking is here, and not a moment too soon. banks have closed their doors, and the rest of the world isn’t too far behind. In the last year alone, more than 600 bank branches have closed across Britain. Since the economic crisis in 2008, nearly 5,000 U.S. However, all is not lost.

Innovation 40

Innovation Customer Experience Retail National 40

PYMNTS

MARCH 9, 2020

It’s a fair question today, particularly as we observe the blurring of the lines between traditional banks, Big Tech and FinTechs — and as we contemplate the impact that the blurring of the digital and physical worlds has on consumers’ expectations and customer service paradigms. consumers during the last week of February 2020.

How To 232

How To Millennials ATM Fintech 232

CB Insights

JUNE 3, 2020

Mirroring other sectors, fintech activity and investment has been muted through the first five months of 2020. At the same time, the story for fintech is more nuanced. In this brief, we look at the short-term and long-term effects of Covid-19 on five parts of the fintech ecosystem: Payments. Banking & Lending.

Lending 75

Lending Capital Online Marketing 75

American Banker

AUGUST 18, 2016

The regional bank has consolidated all of its digital operations under a single leader. Find out what he thinks about customer expectations, bots, fintechs and the coming convergence of digital banking.

Regional 28

Regional Digital Banking Fintech Operations 28

PYMNTS

JANUARY 21, 2019

The two nations are beginning to press up against a March 2 deadline before new tariffs come into effect. However, it’s important to note that Amex formed a joint venture with Lianlian Group, a Chinese FinTech company, to get the payments network up and running. and China going into trade negotiations .

Data 122

Data Cards Payments Marketing 122

Celent Banking

OCTOBER 21, 2016

My primary motivation for attending OpenWorld was to get an update on Oracle's two banking platforms — the new flagship Oracle Banking Platform (OBP) aimed at large retail banks and its stable mate FlexCube , the universal banking platform deployed by nearly 600 banks globally.

Chicago 100

Chicago San Francisco Cleveland Data 100

Fintech Labs Insights

AUGUST 12, 2016

So if there’s no bubble in the alt-lending part of the fintech universe, should we fear a bust? Fintech Advances in Asia. TechCrunch recently reported that in 2015 and the first half of 2016, fintech accounted for 21% of all VC funding in Southeast Asia. – Bank Innovations. Other trending topics.

Trends 12

Trends Lending Fintech blockchain 12

Tech and Finance

JULY 13, 2016

Regional and mid-tier banks face an uphill battle on the digital front, but have advantages they can capitalize on with some focus and determination. Alarm bells are sounding in boardrooms of regional and mid-tier banks across the U.S. Mobile Banking Functionality Benchmark. Or at least they should be. The 2016 U.S.

Regional 28

Regional Mobile Millennials Study 28

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

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

DECEMBER 19, 2016

Mergerama Region of the Year – The Midwest: Huntington-First Merit, Chemical-Talmer, Old National-Anchor … the list goes on. Acquisition of the Year – Guaranty Bank and Trust Company in Colorado for its acquisition of Home State Bank. From Hancock Bank’s Jennifer Wilson at FIS Connect. Is it in the water? see [link] ).

Utah 60

Utah System Community Marketing 60

Gonzobanker

DECEMBER 19, 2016

Mergerama Region of the Year – The Midwest: Huntington-First Merit, Chemical-Talmer, Old National-Anchor … the list goes on. Acquisition of the Year – Guaranty Bank and Trust Company in Colorado for its acquisition of Home State Bank. From Hancock Bank’s Jennifer Wilson at FIS Connect. Is it in the water? The take-away?

Utah 60

Utah System Community Marketing 60

William Mills

SEPTEMBER 9, 2016

An App Store for FinTech applications. Companies such as Adidas, Carrefour, Cisco Systems, Danone, Fujitsu, Lufthansa Flight Training, Siemens, Société Générale and the United Nations use Liferay. Andrew Barnett – Principal Digital Banking and Payments Consultant and Elizabeth Santorelly. Visit us at www.liferay.com.

social media 40

social media ATM Mobile Customer Experience 40