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. That’s where FinTechs can come in. Is something geared toward transactions across multiple channels?

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Insights on Business

APRIL 28, 2017

As a result, many new, all-digital financial services firms, unencumbered by older, less flexible systems are aggressively pursuing customers by addressing their needs in new and distinct ways. There are interesting characteristics both in the new entrants and in the more established digital banks.

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Bank Innovation

FEBRUARY 21, 2020

In this episode, editors discuss the following news developments: Implications from LendingClub’s acquisition of Radius Bank; How Ally’s acquisition of the non-prime lender CardWorks boosts the bank’s long-term plans; and The launch of digital banking startup Level […].

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Fintech Digital Banking Customer Experience Innovation Strategies 243

FICO

MARCH 1, 2022

Following the highly successful The 11 Commandments of Digital Banking eBook , we are kicking off a series of 5 deeper dive blog posts that group the 11 Commandments below into common themes. Digital lift-and-shift is not a strategy! How FICO Can Help You Advance Your Digital Banking. Respect the data.

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PYMNTS

SEPTEMBER 15, 2020

Emerging markets have their own challenges when it comes to banking, where big, traditional financial institutions (FIs) are anything but efficient. The world doesn’t need another bank,” Poovala told Webster. The world needs a FinTech operating system.”.

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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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FICO

FEBRUARY 12, 2023

Home Blog FICO Top 5 Customer Development Posts of 2022: Digital Banking and Pricing Opti The most popular posts in our Customer Development category dealt with digital banking, optimizing credit line increases, loan pricing and machine learning for credit risk models. Frame your financial literacy content accordingly.

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PYMNTS

OCTOBER 22, 2020

That trend has pushed FinTechs and FIs to craft more direct financial interactions with consumers. In the great digital shift, as Purcell mused, is every app becoming a bank (and vice versa)? It is extremely difficult to succeed as a bank,” he said. Piecemeal approaches to data privacy (or in the U.S., Challenges .

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American Banker

DECEMBER 25, 2023

In American Banker's Leaders Forum, our journalists interviewed top executives from across the banking and fintech sectors as well as regulators who keep them in line.

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Insights on Business

FEBRUARY 19, 2016

My engagements with a number of global banks of various sizes over the past several months have been on one common agenda. What should be their strategy for Digital Banking transformation? What can banks learn from the FinTechs?

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Fintech Video Lending Industry 132

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 […].

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Insights on Business

FEBRUARY 19, 2016

My engagements with a number of global banks of various sizes over the past several months have been on one common agenda. What should be their strategy for Digital Banking transformation? What can banks learn from the FinTechs? The post What Can Banks Learn From The FinTechs?

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PYMNTS

DECEMBER 3, 2020

For all of the innovation that's occurred in the banking landscape, it's often consumers – not corporates – that benefit from the latest technologies. Even friction within the corporate customer onboarding process can threaten a bank's ability to adequately service a business, according to Dux. The Drive To Upgrade.

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Fintech Labs Insights

FEBRUARY 9, 2024

We’ve been obsessed with new fintech products since before the term was invented. This constantly updated article tracks the biggest and most important new products released worldwide by financial technology companies, along with banks, credit unions, investment advisors, insurance companies, credit card issuers and payment providers.

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Insights on Business

FEBRUARY 19, 2016

My engagements with a number of global banks of various sizes over the past several months have been on one common agenda. What should be their strategy for Digital Banking transformation? What can banks learn from the FinTechs? The post What Can Banks Learn From The FinTechs?

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Insights on Business

FEBRUARY 19, 2016

My engagements with a number of global banks of various sizes over the past several months have been on one common agenda. What should be their strategy for Digital Banking transformation and what they can learn from FinTech innovation? What can banks learn from FinTech Innovation?

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PYMNTS

FEBRUARY 15, 2017

Companies are rolling out plenty of new banking tools for consumers to manage their money. The February Digital Banking Tracker™ showcases the various methods banks are employing to help their consumers stay engaged with their finances. Here’s what’s happening around the world of Digital Banking.

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PYMNTS

FEBRUARY 28, 2020

The banking industry is undergoing a sea change in the new decade, with online and mobile banking growing ever more popular among customers, and challenger banks and FinTechs disrupt the market with new technologies. Developments From Around The World Of Digital-first Banking.

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PYMNTS

JANUARY 6, 2021

And according to Doug Brown, senior vice president and general manager of digital banking at NCR , simplicity and innovation have turned what could have been a disastrous year into a transformational pivot for the better. Bringing The Curbside Model To Banks. Nudging Evolution.

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PYMNTS

SEPTEMBER 23, 2020

Financial crime is a pervasive threat to banks, credit unions, FinTechs and other financial institutions (FIs) the world over. Technologies like video onboarding and AI have shown promise in facing this threat, but each is vulnerable when deployed alone. billion in 2019.

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ZootBlog

MARCH 29, 2016

An executive from Ally Bank made an interesting observation at a recent industry conference. The irony is that fintechs are creating mini-silos with the variety of options consumers are using,” she said.”This This is an opportunity for banks.”. Fintech companies can only disrupt so much.

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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.

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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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Gonzobanker

MARCH 23, 2022

I didn’t find a lot to do in the lounge other than viewing a wall touting the bank’s blockchain accomplishments and watching a video of Chase’s eCommerce and Fintech Forum from June 2021. It would be easy to write this off as a useless initiative from a bank that can afford to spend $12 billion on technology.

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PYMNTS

AUGUST 17, 2017

According to a recent CNBC interview with Anthony Jenkins, former CEO of Barclays, bank branches will be as “common as a Blockbuster video store in a few years’ time.”. Among the participating FinTechs are Payso, SnapCheck and Token. We see a harmony between digital capabilities and the branches,” he said.

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Fintech Labs Insights

DECEMBER 10, 2020

Begun in a NYC basement in 2007, 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 live(ish) demos. It’s the best digital education you can get in under a day! Sep 2020: Fall Digital – 5 winning demos plus Q&A (50 minutes).

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Fintech Labs Insights

DECEMBER 10, 2020

Begun in a NYC basement in 2007, 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 live(ish) demos. It’s the best digital education you can get in under a day! Sep 2020: Fall Digital – 5 winning demos plus Q&A (50 minutes).

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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).

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Fintech Labs Insights

SEPTEMBER 25, 2020

Begun in a NYC basement in 2007, 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 live(ish) demos. Here are the 31 demos (from 28 fintech startups**) that won the audience vote for Best of Show at the end of each event.

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Gonzobanker

APRIL 3, 2019

This could be in the form of in-depth staff training and certification, staffing smarter contact center representatives, smarter mobile apps and websites, financial education, webinars about cash management, videos or blogs. About one-third of community banks are planning to add or replace this technology.

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PYMNTS

MARCH 2, 2020

Interactive Teller Machines (ITMs) are replacing ATMs in more locations, with remote human tellers on video at your beck, real-time transfer capabilities and a stack of helpful banking tasks that customers can do themselves. Personalization, speed and access — three things that digital-first banking brings to branches in bulk.

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Fintech Labs Insights

OCTOBER 22, 2020

Today, I watched a 10 impressive demos at DC Fintech Week ( see list at bottom of post ). Louis, MO-based fintech that just landed a fresh $10M (total round size of $20M, the other $10M raised in 2019) to give them a total of $25.4M. Related: Watch 10 Fintech Startups Pitch at FIS Demo Day 2020 (April 14). Finlocker is a St.

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PYMNTS

AUGUST 6, 2018

Monzo , the digital bank, announced Monday (Aug. 6) that it is making its bank accounts open to anyone in the U.K. In a blog post , the bank said that it won’t be offering a minimalist version of its accounts, but will be offering the same accounts that people over the age of 18 can open with Monzo.

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Video Digital Banking Apple Google 101

Fintech Labs Insights

SEPTEMBER 16, 2016

Desert Schools FCU , the largest credit union in Arizona with more than 220,000 online banking users will use Alkami Technology’s ORB digital banking platform ( our post ). Craig Saur over at CUNA News interviews our very own Greg Palmer about the just-concluded FinovateFall and fintech trends in general (27 min podcast ).

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Fintech Labs Insights

OCTOBER 20, 2020

In the past 5 years, FIS’s accelerator has helped 57 startups find product/market fit in the difficult-to-get-started fintech world. Cirrus Secure 7-minute demo @FIS Fintech Accelerator Demo Day. Sample Clients – Zions Bank – NBH Bank – Bank of the West (BNP Paribas) – Byline Bank – ConnectOne Bank.

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Chris Skinner

JULY 3, 2017

People are increasingly using banking apps to access a broader range of services such as savings, credit cards and mortgage/investments accounts, rising by 30%. million customer-to-bank contacts made using web chat in 2016 – 510 every hour. Video chats are also growing in popularity, up 92% during 2016. There were 4.4

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Mobile Cards Video Management 286

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.

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