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Jack Ma’s Ant Financial joins Singapore digital banking race

Bank Innovation

Billionaire Jack Ma’s Ant Financial has applied for a digital banking license in Singapore, as China’s largest online financial platform steps up efforts to expand outside the mainland. We look […].

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Fintech Unfiltered: Inside HSBC Bank USA’s Lofty Innovation Strategy for 2018 [Podcast]

Bank Innovation

As a part of its retail transformation strategy, HSBC Bank USA spent over $130 million on innovation projects in one year on its U.S. The bank […]. operations.

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What Legacy FIs Miss About The Need For Cloud-Based Infrastructure

PYMNTS

Allowing customers uninterrupted access to their online financial accounts and processing digital payments quickly is critical during this time as brick-and-mortar branches are either closed or on limited hours. Challenger banks are continuing to employ cloud technologies as legacy financial entities take their own steps forward.

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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,” […].

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Oregon Community Credit Union launches digital platform

Bank Innovation

Oregon Community Credit Union (OCCU) has launched phase one of its digital platform, a move meant to “set the foundation” for the credit union’s new focus toward automation, Chris Whittaker, vice president of consumer lending, told sister publication Auto Finance News on Monday.

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Sustaining Digital Banking Channels’ Explosive Growth in 2021

The Financial Brand

The post Sustaining Digital Banking Channels’ Explosive Growth in 2021 appeared first on The Financial Brand. Financial institutions that want to stay in the game need to offer solid basic services before they get fancy.

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Deep Dive: How CUs Are Rethinking Their Credit Solutions During The Pandemic

PYMNTS

San Diego-based California Coast Credit Union , for example, has instituted automatic loan deferral for its members, while Texas-based Border Federal Credit Union has aided members in filling out online applications for Paycheck Protection Program (PPP) loans.

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