PYMNTS

AUGUST 16, 2018

The average FinTech deal size in the region is doubling, but B-Hive noted a decrease in the number of deals. It is a very good test market,” Drappa said. The market being small, you can test your product on different population[s] with reduced marketing fees.”

Fintech 218

Fintech Marketing Innovation Analytics 218

PYMNTS

JULY 11, 2018

Citizens Financial Group announced the launch of its nationwide, direct-to-consumer digital bank. Over the last several years, direct bank deposits have grown six times faster than deposits at traditional banks as consumers have sought innovative new ways to save money,” said John Rosenfeld, president of Citizens Access.

Digital Banking 103

Digital Banking United States FDIC ATM 103

PYMNTS

SEPTEMBER 30, 2019

We imagine if presented with an iPhone, penicillin, an automobile or just a ballpoint pen, even the original scribe would have been forced to concede that exciting innovations might be coming up on humanity’s horizon in the intervening 30 centuries. So today (Sept. 30), the card network announced just such a FinTech partnership.

Marketing 211

Marketing Fintech Cards Branding 211

PYMNTS

AUGUST 21, 2019

Legacy banks have their work cut out for them if they want to survive another century as key players in the digital banking world. This is driving legacy banks to take a closer look at their own products and strategies, with many rising to the challenge. Around the Digital Banking World. About the Tracker.

Trends 194

Trends Digital Banking Innovation Regional 194

Bobsguide

MARCH 21, 2022

Finastra and Union of Arab Banks to accelerate digital banking together. Partnership will see the development of a model digital bank, licensed to Union of Arab Banks members to help them transition into digital banking. However, resource management remains a central challenge.

Digital Banking 60

Digital Banking Innovation Community Regional 60

PYMNTS

JANUARY 31, 2020

Some companies have been able to adjust quicker than others, leading to the first-ever fines issued and collected for breach of GPDR within the region. However, the most intriguing development in the Open Banking world is not the impact of these two regulations inside of Europe, but outside of it.

Digital Banking 136

Digital Banking Guidelines Regulation Data 136

PYMNTS

DECEMBER 14, 2017

Not innovating is not an option. Perhaps in the early days of digital banking and mobile apps, innovative technology was a “nice to have,” but that is no longer the case. The Bank Innovation Readiness Index , in collaboration with payments solutions provider i2c , provides evidence to back that up.

Innovation 162

Innovation Branding Payments Survey 162

PYMNTS

JULY 1, 2020

“Migrating to cloud- and AI-based solutions could help FIs handle growing calls for faster banking tools during the COVID-19 pandemic, and recent trends show they are beginning to do so,” according to PYMNTS’ June 2020 Digital Banks And The Power Of The Cloud Tracker® done in collaboration with NuoDB.

System 268

System Digital Banking Tools User Experience 268

Insights on Business

NOVEMBER 29, 2018

Now, more than ever, banks must be smarter and faster. Operational innovation is vital in a highly competitive financial services sector, with a new community of digital banks and other firms vying for market share. Drivers for Operational Innovation. In this context, improving efficiency is mandatory.

Operations 138

Operations Innovation Management Risk Management 138

PYMNTS

JULY 22, 2020

In the July Digital-First Banking Tracker® , PYMNTS explores the latest in the world of digital-first banking, including the long-lasting effects brought on by the pandemic, the shifting attitudes surrounding ATM use, and how the digital banking development field is reaping dividends from the financial industry’s sea change.

ATM 225

ATM Digital Banking Alabama Study 225

PYMNTS

JULY 16, 2019

Ondot said its 4,000 banks and credit unions will see faster and easier upgrades while also gaining access to the latest innovations and functionality. For new clients, the cloud service addresses the digital demands of today’s consumers with easy integration and low maintenance.

Innovation 128

Innovation Compliance User Experience Cards 128

PYMNTS

OCTOBER 6, 2020

Ayoub Jemail has been assigned the role of general manager of business development for the region, the company stated in the announcement on its website. The company stated that it is expanding in the region, seeking new business and also looking to provide more support for existing customers, such as Mashreq Bank.

Fintech 174

Fintech Regional Fraud Meeting 174

PYMNTS

SEPTEMBER 28, 2020

Open banking rules have continued to evolve during the global health crisis, but the pandemic has given regulators and financial authorities new questions to tackle. One area where the pandemic may significantly impact emerging data protection and open banking rules is the Middle East and North African region (MENA).

Online 151

Online Report Payments Regulation 151

PYMNTS

APRIL 10, 2019

As consumers flock to banking apps, succeeding in the world of digital banking is not as easy as it used to be when mobile apps emerged a decade ago. Around the Digital Banking World. However, legacy banks across the globe have been far from idle when it comes to digital and mobile innovation.

Mobile 185

Mobile Digital Banking social media Strategy 185

PYMNTS

JULY 24, 2020

Open banking is often associated with the European Union (EU) almost by default as the region pushes the envelope further on regulation than anywhere, partly to encourage — but also to keep up with — imaginative FinTech innovators going to market throughout the Eurozone. FinTechs Flourishing. Similarities To The EU. “The

America 168

America Regional Regulation Fintech 168

PYMNTS

FEBRUARY 26, 2020

Digital banking and payments firm i2c is partnering with next-generation commerce firm Sightline Payments to deliver cashless, mobile and omnichannel programs to over 45 gaming resorts, state lotteries, digital gaming and sports betting sites across eight states, i2c announced on Wednesday, Feb. There are more than 2.5

Oregon 232

Oregon Pennsylvania Innovation Operations 232

The Financial Brand

APRIL 1, 2021

Mid-cap regional banks are losing market share as the most advanced digital players are stealing accounts that provide speed, simplicity and personalized solutions. The post Regional Banks Losing Battle to Remain Competitive appeared first on The Financial Brand.

Regional 39

Regional Branding Marketing Digital Banking 39

PYMNTS

JUNE 15, 2020

B2B FinTechs continue to step up to introduce new solutions for their customers with an eye on helping business owners survive this market crisis and persevere into the future. There are unique challenges for SMBs operating in Belgium and the broader EU that banking solution providers should consider, said Czuba. . ”

Regional 245

Regional Operations Fintech Tools 245

PYMNTS

JUNE 29, 2020

Mastercard and Norwegian financial technology (FinTech) company EedenBull have agreed to expand their partnership to the Asia Pacific region, the firms announced Monday (June 29). Under the terms of the new deal, Mastercard will support EedenBull’s product development and digital services.

Fintech 248

Fintech Cards Regional Management 248

Bobsguide

MAY 8, 2022

Cloud has moved from leading edge to the baseline of banking success. A recent GFT survey revealed that 95% of banks adopt cloud to improve time to market, while 86% of them do it to improve innovation and scalability. BankLiteX, accelerating cloud-based digital banking.

Compliance 166

Compliance Risk Management Digital Banking System 166

PYMNTS

APRIL 21, 2020

In an interview with Karen Webster, Nigel Verdon, CEO of Railsbank , said the changing landscape of financial services has helped shine a light on the flexibility and speed companies need to develop new products and services and get them to market quickly to their end customers. in sight, too.

Branding 232

Branding Innovation Regional Fintech 232

PYMNTS

DECEMBER 1, 2020

Glasgow-based bank Virgin Money has partnered with Redspire , a local FinTech, to help boost its presence in the business account market, according to a report from Daily Business Group. The fund was created to help spark competition as part of an agreement between the U.K.

Regional 205

Regional Groups Report Innovation 205

PYMNTS

OCTOBER 10, 2019

Consumers have noticed the rising levels of fraud in digital banking, and they are not pleased. Around the Digital Banking World. Regulators as well as banks are searching for ways to keep launderers and other fraudsters out of online banking. Banks Are Innovating AML To Keep Out Launderers.

Fraud 126

Fraud Digital Banking Strategy Security 126

PYMNTS

SEPTEMBER 14, 2020

It will also help to launch new services and payments processes such as SWIFT for Corporates, along with new market innovations coming up in real-time clearing including GCC-RTGS (KSA, UAE), IPI and Egypt – RTGS. The GPII certification is set to be enabled for every entity in need.

Payments 175

Payments Operations Regional Innovation 175

Accenture

JUNE 17, 2019

For banks to take full advantage of the opportunities brought by Open Banking—from monetizing data to banking-as-a-platform—to grow their business, they will need to embrace and infuse Open Banking technologies into their operations. That’s the route that a mid-sized regional US bank took. Read the report.

Customer Experience 153

Customer Experience Operations System Software 153

Celent Banking

APRIL 25, 2016

Atom Bank in the UK, Fidor Bank in Germany, and mBank in Poland are only a few to mention. Banco Original is the 3rd step in this digital only bank strategy in the region, becoming the 1st universal digital only bank in Latin America. They launched in March of this year.

America 100

America Digital Banking Strategy Fintech 100

PYMNTS

APRIL 24, 2020

With social distancing and an economic downturn the new reality for many markets around the world, venture capital is expected to slow significantly. Yet demand for contactless payments and digital, automated financial solutions means FinTech funding may not take as hard of a hit as other startup segments. Cross River Bank.

Fintech 193

Fintech Capital Security FDIC 193

PYMNTS

JUNE 9, 2020

In the battle against digital challenger banks, credit unions (CUs) may be facing a bit of a perception/reality gap — and losing market share as a result. Especially their brick-and-mortar footprints tied to the digital branch. Especially their brick-and-mortar footprints tied to the digital branch.

Digital Banking 133

Digital Banking Millennials Lending Marketing 133

PYMNTS

SEPTEMBER 17, 2019

About 40 percent of all ATO attacks now count as high-risk, meaning banks of all shapes and sizes must reexamine how they think about data protection, security and the tools they use to guard against emerging threats. Arou nd the Digital Banking World. digital bank Monzo. market debut. market debut.

Fraud 196

Fraud Digital Banking Delaware Tools 196

PYMNTS

JUNE 28, 2018

Coverage includes Oracle ’s decision to bring its FinTech Innovation Program to Brussels. The blockchain is gaining traction in India , where the market for such technology is projected to grow at a compound annual growth rate (CAGR) of 58 percent during 2018 to 2024, according to a report from 6Wresearch.

blockchain 109

blockchain Georgia Fintech Innovation 109

Accenture

APRIL 21, 2017

European banks are in the midst of a ‘perfect storm’ of negative interest rates, regulatory pressures and market disruption, and are in search of new sources of value. Strategic growth objectives for transaction banks can be enabled using virtual cash management, allowing increased client acquisition.

Management 200

Management Innovation Taxes Marketing 200

Gonzobanker

JULY 7, 2015

Yet while the demos and screen shots at events like Finovate have provided fascinating fodder regarding the future of digital banking, the FACTS show that these buzz-worthy players have had infinitesimal impact on market share. Bancorp Bank (Simple/PayPal et al) 1,495,558 4,499,959 3,004,401. billion in 2010.

Digital Banking 60

Digital Banking Industry Capital Strategy 60

PYMNTS

JUNE 25, 2019

Mastercard and P27 Nordic Payments Platform have teamed up to provide the Nordic market with a real-time and batch payments system, according to a release by the company. “By Participants will be able to send and receive funds immediately across the Nordic markets at a lower cost and with higher security.”. This is change for real.

Payments 115

Payments Regional System Security 115

PYMNTS

MAY 30, 2018

Cash remains king in the region, with about two-thirds of consumers in Latin America preferring that payment method over credit, according to estimates. That’s a high hurdle for any company hoping to win profit via digital channels in Latin America. As far as innovation goes, “FinTech is the most developed,” Monteiro said.

America 109

America Regional Mobile Pennsylvania 109

PYMNTS

AUGUST 25, 2019

Look Who’s Charging is integrated with a number of Australian banks, with data available to millions of Australians within its existing digital banking apps. And Experian Australia & New Zealand announced that it has acquired FinTech Look Who’s Charging.

Data 109

Data Fintech Lending Regional 109

Independent Banker

NOVEMBER 25, 2015

Even with technology’s increasing influence on retail banking, it’s not typical for a community bank to have one of its most senior and trusted executives concentrate primarily on leading consumer product and payments innovation. billion-asset, 85-branch community bank based in Rockland, Mass., is not typical. Assets: $7.2

Innovation 70

Innovation Community Bank social media Community 70

PYMNTS

JANUARY 26, 2017

The bank announced Wednesday (Jan. MobilePASS can be used when these professionals need to log into Citi’s digital banking platform, CitiDirect BE, for desktop, mobile and tablet. Now, Citi’s MobilePASS tool makes a smartphone the soft token that can generate those passcodes and give users access to the digital banking platform.

Regional 100

Regional Tools Digital Banking Mobile 100