The Financial Brand

NOVEMBER 29, 2021

Banking still lags in several key areas of transformation. The post 6 Digital Banking Transformation Trends for 2022 appeared first on The Financial Brand - Banking Trends, Analysis & Insights. The difference now is that the urgency to move forward quickly is much greater.

Trends 43

Trends Digital Banking Banking Trends Analysis 43

The Financial Brand

OCTOBER 7, 2021

The post Digital Banking Disruption Has Only Just Begun appeared first on The Financial Brand - Banking Trends, Analysis & Insights. Financial institutions that plan in anticipation of ongoing disruption will be better prepared for future challenges and competitive opportunities.

Digital Banking 43

Digital Banking Banking Trends Analysis Trends 43

The Financial Brand

AUGUST 9, 2020

The potential of digital banking transformation will fall short if investments do not align with known strategies for success. The post Pandemic Reveals Digital Banking Transformation Paradoxes appeared first on The Financial Brand.

Digital Banking 43

Digital Banking Strategy Branding Innovation Strategies 43

The Financial Brand

JUNE 16, 2021

The key to digital banking survival will be the ability to transform to a new digital reality with a foundation of data and analytics. The post 6 Keys to Digital Banking Transformation Success appeared first on The Financial Brand - Banking Trends, Analysis & Insights.

Digital Banking 37

Digital Banking Analytics Banking Trends Analysis 37

The Financial Brand

JULY 29, 2021

Having innovation as a priority is the first step, but it rarely goes further without first overcoming common roadblocks. The post 4 Reasons Why Digital Banking Teams Struggle to Innovate appeared first on The Financial Brand - Banking Trends, Analysis & Insights.

Digital Banking 43

Digital Banking Innovation Banking Trends Analysis 43

The Financial Brand

DECEMBER 27, 2020

As banking executives define their 2021 goals, they must commit to improving digital experiences, leveraging data and honing human skills. The post 3 Resolutions for Digital Banking Success in 2021 appeared first on The Financial Brand.

Digital Banking 43

Digital Banking Branding Data Big Data 43

The Financial Brand

JUNE 17, 2020

Banks and credit unions increasingly must leverage data, innovation and a platform business model to deliver digital banking solutions. The post COVID-19 Accelerates Urgency For Digital Banking Transformation appeared first on The Financial Brand.

Digital Banking 38

Digital Banking Innovation Branding Data 38

The Financial Brand

DECEMBER 16, 2020

While consumers were pleased by the response of banking to the COVID crisis, digital expectations are rising as trust in banking is decreasing. The post Digital Banking Must Include Personalization and Human Components to Succeed appeared first on The Financial Brand.

Digital Banking 43

Digital Banking Branding Customer Experience Innovation Strategies 43

The Financial Brand

AUGUST 2, 2021

The pace of digital transformation will rocket as vastly increased network speed and connectivity empowers both banks and their competitors. The post How 5G Will Reshape the Future of Digital Banking & Payments appeared first on The Financial Brand - Banking Trends, Analysis & Insights.

Digital Banking 43

Digital Banking Banking Trends Payments Analysis 43

The Financial Brand

JUNE 17, 2020

Banks and credit unions will need to increasingly leverage data, innovation and a platform business model to deliver digital banking solutions. The post COVID-19 Accelerates Urgency For Digital Banking Transformation appeared first on The Financial Brand.

Digital Banking 36

Digital Banking Innovation Branding Data 36

PYMNTS

AUGUST 22, 2019

Jamie Warder, head of digital banking for KeyBank , noted that challenger banks’ newfound popularity may be forcing legacy institutions to innovate, granting them more opportunities to better engage and serve customers. Legacy Banks and the Innovation Game. Legacy Banks and the Digital Banking Shift.

Innovation 109

Innovation Digital Banking Fintech US 109

The Financial Brand

FEBRUARY 1, 2022

2022 looks to be a turning point for the industry amid the rise of platform business models, ecosystems, AI and end-to-end digitization. The post Four Technology Trends Radically Altering the Banking Model appeared first on The Financial Brand - Banking Trends, Analysis & Insights.

Trends 39

Trends Technology Banking Trends Analysis 39

PYMNTS

JULY 1, 2019

Smaller banks and credit unions enjoy a reputation of offering more personalized services than large financial institutions (FIs). When it comes to technological innovation, however, the smaller players have long been outgunned by larger FIs and their sizable IT budgets. gauges where banks are on the road to becoming innovators.

Innovation 157

Innovation Innovation Strategies Survey Groups 157

The Financial Brand

JANUARY 12, 2022

Banks and credit unions have readily embraced 'digital transformation,' but few understand what it entails beyond customer-facing apps. The post Technology Is Only One Piece of True Digital Transformation in Banking appeared first on The Financial Brand - Banking Trends, Analysis & Insights.

Technology 43

Technology Banking Trends Analysis Trends 43

PYMNTS

JUNE 1, 2020

That is why it is critical for FIs to build out networks that can handle an increased amount of transactions or swiftly analyze large reams of data, according to Ali Niknam , CEO and founder of European digital bank Bunq. It is not the technology itself that is important, however, but the strategy behind it.

Innovation 132

Innovation Strategy Innovation Strategies Security 132

PYMNTS

AUGUST 17, 2017

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.

Millennials 132

Millennials Digital Banking San Francisco Fintech 132

PYMNTS

APRIL 2, 2020

Competition for customers — especially millennials — from larger banks and FIs has long required credit unions to keep pace with their more innovative counterparts. This often means providing digital solutions and convenient banking options despite smaller technology and innovation budgets, however.

United States 174

United States Security Innovation Mobile 174

The Financial Brand

SEPTEMBER 4, 2018

Monzo is a licensed digital-only bank that has developed advanced digital banking apps and functionality that can be a guide for traditional banks. The post Monzo: A Guide to Building the Digital Bank of the Future appeared first on The Financial Brand.

Digital Banking 31

Digital Banking Branding Innovation Strategies Strategy 31

BankInovation

NOVEMBER 20, 2020

Amazon Web Services scored big when Standard Chartered selected the Amazon.com subsidiary as a main cloud provider for its core and digital banking systems.

Maine 69

Maine Digital Banking System Technology 69

PYMNTS

JULY 18, 2019

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.”

Innovation 155

Innovation Study Technology Millennials 155

The Financial Brand

OCTOBER 13, 2021

The integration of finance and digital technology has resulted in exponential growth of digital banking and fintech solutions. The post Digital Finance Penetration Surpasses That Of Social Media appeared first on The Financial Brand - Banking Trends, Analysis & Insights.

social media 43

social media Banking Trends Analysis Digital Banking 43

PYMNTS

NOVEMBER 20, 2019

Cybercriminals are commonly using the same technologies to design and develop nefarious attacks, such as the botnet Mirai and malware like Deep Locker, which used AI and facial recognition to identify targets through factors like geolocation and online behavior. “I Scotiabank’s Three-Pronged Innovation Strategy.

Fraud 117

Fraud Data Management Analytics 117

Banking 2020

MAY 12, 2015

In collaboration with the credit union’s own IT team, we devised a solution that built on geo-location capabilities, a set of beacons and the credit union’s mobile banking app to take the ‘manual’ out of the process. With our solution, when the member approaches the credit union, walks in and gets a coffee, the technology does all the work.

Innovation 40

Innovation Digital Banking Survey Exercises 40

The Financial Brand

JULY 19, 2021

Digital banking engagement leads to more customer data and better customer experiences, which leads to greater loyalty and higher profits. The post The Future of Loyalty in Banking is at Risk appeared first on The Financial Brand - Banking Trends, Analysis & Insights.

Customer Experience 43

Customer Experience Banking Trends Analysis Digital Banking 43

The Financial Brand

JANUARY 3, 2021

A look at the digital banking trends of the last year provides a perspective for future strategies and organizational changes. The post Retail Banking Year in Review 2020: A Reflection in 20 Charts appeared first on The Financial Brand.

Retail 43

Retail Banking Trends Strategy Digital Banking 43

The Financial Brand

OCTOBER 21, 2021

Moving ahead with digital banking projects during a merger integration is tough. The post 3 Reasons Financial Institutions Can’t Let Mergers Stall Innovation appeared first on The Financial Brand - Banking Trends, Analysis & Insights. But the consequences of not doing so are far worse.

Innovation 32

Innovation Banking Trends Analysis Digital Banking 32

The Financial Brand

JUNE 26, 2020

Marcus by Goldman Sachs continues to grow by providing high value digital banking products that are simple to use and easy to understand. The post Marcus by Goldman Sachs: Perfectly Positioned Post Pandemic appeared first on The Financial Brand.

Digital Banking 29

Digital Banking Branding Innovation Strategies Strategy 29

BankInovation

AUGUST 31, 2020

In this monthly Q&A segment, Bank Innovation directs five questions to executives and industry thought leaders who highlight technology and innovation trends in financial services, exploring strategy and best practices in leading financial institutions.

Innovation 52

Innovation Strategy Trends Industry 52

The Financial Brand

SEPTEMBER 9, 2021

Equipped with all its own technology, the neobank's Gen Z strategy targets legacy institutions. The post Fintech Success Story: How ‘Current’ Is Rising To Be The #2 Neobank appeared first on The Financial Brand - Banking Trends, Analysis & Insights. Current isn't just another fintech.

Fintech 43

Fintech Banking Trends Analysis Strategy 43

The Financial Brand

APRIL 22, 2021

Chief Digital Officer Dominic Venturo details how U.S. Bank stays ahead of rapidly changing digital technology and consumer preferences. The post Innovation + Digital Transformation is a Winning Formula at U.S. Bank appeared first on The Financial Brand.

Innovation 42

Innovation Branding Technology Innovation Strategies 42

The Financial Brand

SEPTEMBER 8, 2021

Now on its own without a charter, BM Technologies looks to enhance existing partnerships and add new ones, including BaaS for banks. The post What’s Next in the ‘BankMobile’ Story Since Its SPAC Spinoff appeared first on The Financial Brand - Banking Trends, Analysis & Insights.

Banking Trends 33

Banking Trends Analysis Trends Branding 33

The Financial Brand

SEPTEMBER 27, 2020

Creating an innovation culture with data, advanced analytics and technology will position organizations for successful digital transformation. The post Digital Transformation Demands a Culture of Innovation appeared first on The Financial Brand.

Innovation 43

Innovation Analytics Branding Data 43

PYMNTS

JUNE 18, 2020

The platform has enabled the use of shared IT infrastructure and services to create a flexible, scalable, and on-demand internet technology (IT) environment, according to the report. The onset of COVID-19 has accelerated its use even more dramatically since March.

Resources 221

Resources Innovation Strategies Analytics Innovation 221

The Financial Brand

AUGUST 6, 2020

Mid-size banks and credit unions must shed the legacy technology that holds them back and adopt data-led platforms and automated processes. The post Key Tech Trends that Will Help Financial Institutions Differentiate appeared first on The Financial Brand.

Trends 35

Trends Branding Data Technology 35

The Financial Brand

JANUARY 12, 2020

The future of banking already exists in China where customer insights, technology and experiences intersect. The post The Future of Banking Has Arrived appeared first on The Financial Brand.

Branding 43

Branding Technology Big Data Innovation Strategies 43

The Financial Brand

MARCH 14, 2021

Technology and evolving consumer views could unravel the business model of financial institutions but also provide new avenues for growth. The post How Partnerships and Societal Changes Are Radically Altering Banking appeared first on The Financial Brand.

Branding 31

Branding Technology Customer Experience Innovation Strategies 31

The Financial Brand

NOVEMBER 5, 2018

The future of banking will require new technologies, new strategic partners, new skills, an innovative spirit and a completely different culture. The post Banking’s Past Does Not Dictate Its Future appeared first on The Financial Brand.

Innovation 29

Innovation Branding Technology Innovation Strategies 29