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Rebeca Romero Rainey: Developing innovation strategy

Independent Banker

Community banks are independent institutions fueled by the needs of their individual communities, so what constitutes innovation will look and feel different for every bank. As the popular saying goes, “Creativity is intelligence having fun”—and the same can be said for innovation.

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Singapore sees ‘strong interest’ in digital bank licenses

Bank Innovation

Singapore has received “strong interest” in its effort to open up the banking industry to fresh competition after 21 groups made bids for digital licenses, the financial regulator said.

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Why Bunq Banks On The Cloud For An Innovative Edge

PYMNTS

Customer satisfaction is critical in any industry, and that typically means providing convenient access to digital tools. The challenger bank has run on a cloud banking model since its 2012 launch and is available for business and consumer use in 30 European markets, including Austria, Germany and the Netherlands. [The

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In Banking Innovation, Eyeing The Needs Of The ‘Digital Native’

PYMNTS

Depending on where you look, the chasm yawns wide when it comes to innovating with new technologies or features. In a PYMNTS interview with Karen Webster, Joe DeRosa, EVP of Global Sales at i2c , discussed the findings of the July 2019 Innovation Readiness Playbook , subtitled “Leveling the Playing Field for Different-Sized FIs.”

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TD’s new commercial innovation head prioritizes SMBs

BankInovation

An evolving competitive landscape of banking and fintech has prompted TD Bank to create a new role dedicated to commercial products and innovation, tapping a digital banking industry veteran to join the bank’s ranks.

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COVID-related fraud spike pushes banks, fintechs to innovate

BankInovation

The COVID-19 pandemic has accelerated the move toward digital banking platforms, but this has come with an increased risk for fraud. The percentage of risky worldwide transactions in the financial services industry increased by 11% since early March, according to a recent TransUnion study.

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Seeking Banking Balance Between Physical And Digital

PYMNTS

But, while closing physical bank branches might appear to be a wise cost-saving measure, the move comes with risks that could hurt banks’ relations with new millennial customers. Armistead also spoke to the lesson the bank is learning from smartphone apps to better serve its customers online and in brick-and-mortar locations.