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How Scotiabank Manages Fraud Protection For A Data-Driven Future

PYMNTS

Scotiabank’s Three-Pronged Innovation Strategy. ” The FI is combating global fraudsters’ sophistication with technology like AI, as well as educational seminars for both its business and retail banking customers. I would say talent management is definitely top of mind.”.

Fraud 117
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Moven closes consumer-facing business, pushes customers to Varo 

Bank Innovation

As Moven begins shutting down its consumer-facing businesses, the digital banking platform is funneling its customers to Varo Money.? Moven has been a pioneer in the digital banking space and a longtime inspiration.

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PNB, Nymbus launch digital bank Facile 

BankInovation

Miami-based Pacific National Bank is using a stand-alone digital brand called Facile to reach younger customers and position itself for long-term success. It’s aimed at giving the bank a peak into what we think banking is going to look like.

Miami 98
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Midwest BankCentre incorporates new tech with success of digital offshoot

Bank Innovation

Rising Bank, the digital offshoot of St. With the success of the stand-alone digital bank, which launched in January 2019, Midwest BankCentre is now incorporating new technologies into its traditional online banking. Rising Bank] is helping us learn to do business in this digital space,” […].

St. Louis 259
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Weekly Wrap: Banner week for fintech acquisitions

Bank Innovation

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 […].

Fintech 243
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Five ‘New Normal’ Imperatives for Retail Banking After COVID-19

The Financial Brand

Success will hinge on digital innovation to meet new competition, personalized service, redefining risk and managing a remote workforce. The post Five ‘New Normal’ Imperatives for Retail Banking After COVID-19 appeared first on The Financial Brand.

Retail 43
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BMO leans into Google partnership to stretch customer reach

BankInovation

geographic perspective, Chief Digital Officer Brett Pitts told Bank Innovation. financial institutions to launch digital bank accounts in 2021 that can be managed through Google Pay. […]. BMO Financial Group is betting on its partnership with Google to be a “growth engine” for the company from a U.S.

Google 59