PYMNTS

MARCH 2, 2020

It’s really difficult, the banking ecosystem is not fast and that’s just reality,” Jim McCarthy, industry expert and former innovation head for Visa, told Karen Webster in a recent conversation. The Headwinds Creating The Innovations Gap . According to the latest edition of the Innovation Readiness report, only 22.3

Innovation 222

Innovation Data System Mobile 222

PYMNTS

JANUARY 3, 2020

In late June, the Monetary Authority of Singapore (MAS) sent a ripple through the global financial services ecosystem with the announcement of its intention to issue five digital bank licenses to eligible applicants. Only two of the licenses will full digital banking licenses, while the other three will be wholesale banking licenses.

Digital Banking 130

Digital Banking Groups Regional Mobile 130

BankInovation

MARCH 8, 2022

SAN ANTONIO — Payment innovation will make or break the relationship young consumers have with their banks.

San Antonio 97

San Antonio Payments Regional Tools 97

PYMNTS

AUGUST 10, 2017

It’s been a little over a year since our Digital Banking Tracker heralded the “ Dawn of Banking Voice Technology.” Now it’s more like the high noon of banking voice technology, with most major banks hosting their own incarnation — all with slightly different capabilities and adoption rates. Santander U.K.

Security 156

Security Technology Fraud User Experience 156

PYMNTS

MAY 21, 2019

Bundesbank, Germany’s central bank, said increased use of financial technology in the country could present regulators with their biggest hurdle since the financial crisis, according to a report by Bloomberg. “We

Digital Strategies 122

Digital Strategies Cards Technology Regulation 122

Bobsguide

SEPTEMBER 20, 2018

Speaking at the Global Digital Banking Conference, Ruchir Rodrigues, managing director of digital banking at Barclays, took to the stage to deliver a presentation that the agenda described as ‘Digital Banking: Imagination to Execution’ “At Barclays the whole bank is.

Innovation 99

Innovation Conference Digital Banking Management 99

NCR

MARCH 22, 2017

The good news is that, at branches across the country, digital innovations can already transform brick and mortar branches into mobile-first, immersive help centers – improving the customer experience and increasing employee productivity while ensuring data remains secure. This year alone, the Internet of Things will connect 8.4

Millennials 49

Millennials Innovation Digital Banking Security 49

Chris Skinner

JULY 20, 2017

One of the presentations I particularly enjoyed at the EFMA meeting was from Gürhan Çam, Senior Vice President- Digital Banking at DenizBank, Turkey. You will all know by now that I love the innovations in retail banking in Turkey, and Gürhan didn’t disappoint. First, there is the fastPay Wallet.

social media 292

social media ATM Innovation Digital Banking 292

Independent Banker

OCTOBER 31, 2022

A convergence of economic and marketplace factors presents community banks with new opportunities for innovation and growth as they look to the new year. Digital banking solutions remain a primary focus for ICBA, reflected in initiatives such as our renowned ThinkTECH Accelerator program, which we are bringing in-house in 2023.

Fintech 126

Fintech Community Bank Kansas City Community 126

Chris Skinner

SEPTEMBER 11, 2017

I’m making a presentation on cybersecurity this week at our Nordic Finance Innovation meetings. This meant preparing a few new slides from scratch as I don’t have a set deck for cybercrime, and sat and started ideas just as the news dropped about the Equifax breach.

Meeting 295

Meeting Innovation Case Study Study 295

PYMNTS

MAY 29, 2020

We have deep dives on Main Street’s digital shift, ATM innovation and PPP loans. FIs Or FinTechs: Who Will Power Banking’s Big Digital Shift? The pandemic has sped up the digital roadmap for everyone in financial services, providing for more innovation in the last few months than had been seen during several years.

Maine 130

Maine ATM Innovation Millennials 130

PYMNTS

JUNE 26, 2020

This is because many legacy FIs in particular are still reliant upon legacy infrastructure, which is simply not designed to handle the sheer volume of data generated in today’s digital banking sphere. It will use cloud technology to underpin FACILE’s offerings, especially the digital payment services it provides.

Meeting 227

Meeting Mobile Digital Banking Tools 227

Abrigo

JUNE 4, 2024

Takeaway 2 The panel encouraged banks and credit unions to change their approach to compliance and technology, getting compliance involved sooner in new initiatives to encourage safe innovation. The panel addressed the negative perception of compliance in community banking, advocating for a shift in perspective.

Compliance 222

Compliance Community Bank Community Conference 222

Celent Banking

JUNE 26, 2015

I’m just back from a very interesting week in London at the Marketforce-sponsored “The Future of Digital Banking” forum. The theme of the conference was that customer-centricity and innovation need to be the guideposts to a bank’s transformation from a bricks-and-mortar operation into a digital enterprise.

Digital Banking 100

Digital Banking Conference User Experience Operations 100

PYMNTS

JANUARY 28, 2021

The latest Digital-First Banking Tracker® done in collaboration with NCR , notes that “FIs are devoting more money than ever to fraud prevention as more consumers go digital. Of those willing consumers, 40 percent like fingerprint-based biometrics on banking apps, “while one-quarter preferred facial recognition technology.”.

Fraud 244

Fraud Survey Digital Banking Security 244

Bank Innovation

APRIL 10, 2019

The key to delivering that promise for BBVA, or any digital bank, for that matter, is data. Data is the present […]. BBVA Compass, the U.S.

Data 170

Data Digital Banking Operations Management 170

PYMNTS

SEPTEMBER 24, 2020

The ongoing COVID-19 pandemic and its associated social distancing and stay-at-home orders have pushed untold services online for easier consumer access, with banking serving as a prime example. We’ll see more and more [of this] action as digital [banking] progresses.”. Fraud Threats To Digital Banking.

Video 205

Video Fraud Digital Banking System 205

PYMNTS

JULY 31, 2020

Challenger banks and neobanks are projected to grow at a compound annual growth rate (CAGR) of 46 percent worldwide over the next five years. The terms “challenger banks” and “neobanks” are often used interchangeably, but they have distinct differences and often present separate challenges for CUs. The playbook shows that 35.9

ATM 156

ATM Digital Banking Online Mobile 156

Abrigo

DECEMBER 17, 2021

Components of an effective fintech partnership If leveraging new technology is a priority for your FI, ensure these three elements are present for an effective fintech partnership. . Takeaway 1 Having a cohesive vision from the top down is critical to a culture of innovation and the successful adoption of new software. .

Fintech 195

Fintech How To Innovation System 195

PYMNTS

SEPTEMBER 28, 2020

The companies said they have expanded an existing partnership that will see Commerce Bank integrate HighRadius's full suite of integrated receivables and treasury management tools, one year after another expansion in which the bank added HighRadius's Virtual Card Processing and Electronic Invoice Presentment and Payment technologies.

Fintech 204

Fintech Tools Groups Management 204

PYMNTS

FEBRUARY 3, 2020

And while some imagined there’d be banks on Mars by 2020, few guessed that dull ATMs would one day reinvent retail banking. ATMs have come full circle — starting life as the best tech innovation the public had ever seen (from banks), then becoming utterly routine, and to the present day — when ATMs are suddenly sexy again.

ATM 165

ATM Digital Banking Innovation Video 165

Chris Skinner

JUNE 11, 2017

This week’s main blog headlines are … Digital banks are Copernicus banks (incumbents are with the Flat Earth society) Twenty years ago, I was working on re-engineering projects. Nick is now launching the first new UK clearing bank for over 250 years called ClearBank. And banks can attack it? Soft underbelly?

Google 178

Google Meeting Innovation Maine 178

PYMNTS

DECEMBER 6, 2016

The speed at which digital banking is being transformed by new technologies is rapidly increasing. From behavioral biometrics to new selfie technology, financial institutions are being presented with even more ways to distribute their services across digital channels to meet customers where they want to interact.

Innovation 100

Innovation Mobile Digital Banking Technology 100

Chris Skinner

JULY 23, 2017

The pedestrian replies: “oh, if you want to get there, I wouldn’t start from here”, and this is exactly how … DenizBank, Turkey … the visible bank One of the presentations I particularly enjoyed at the EFMA meeting was from Gürhan Çam, Senior Vice President- Digital Banking at DenizBank, Turkey.

Boston 171

Boston Bitcoin Innovation Conference 171

Chris Skinner

MARCH 17, 2017

The OCC made this determination based on its work assessing the role of innovation in banking. See Supporting Responsible Innovation in the Federal Banking System: An OCC Perspective. On June 23, 2016, the OCC held a forum to discuss issues regarding responsible innovation.

Apple 307

Apple Innovation Fintech United States 307

NCR

JULY 28, 2017

This convenience offers many advantages to the consumer, but financial institutions and consumers need to recognize one of the biggest disadvantages of this technological expansion: the increased risk of digital banking fraud. Digital banking fraud affected 14 percent of consumers in 2016, up from 12 percent in 2015.

Fraud 74

Fraud Digital Banking Survey Security 74

PYMNTS

JANUARY 15, 2021

The report, which is released eight times a year, is a gathering of anecdotal information on present economic conditions from every Federal Reserve Bank. The newest report illustrates the effect of the pandemic by region and sector as the infection rate increased.

Cards 152

Cards California Capital Tools 152

South State Correspondent

OCTOBER 26, 2023

The catalyst was likely a panel led by the CEO of Taktile (AI Underwriting), a Partner from Bain Capital, a partner for Andreessen Horowitz, the chief data scientist from Branch International (digital banking fintech for India and Africa), and a tech correspondent for CNBC.

Conference 221

Conference Las Vegas Fraud Case Study 221

PYMNTS

JULY 1, 2020

While disturbing, it presents an opportunity for FinTechs at a time when the market is ripe for banking disruption and digitization. In May, Citi said use of its digital banking channels surged in the first quarter of 2020 as the COVID-19 pandemic swept the globe. But the trade finance gap remains.

Marketing 232

Marketing Washington New York Fintech 232

Gonzobanker

DECEMBER 19, 2022

Financial institutions that relied on mortgage banking fee income as a key earnings component have been left to make big adjustments. As if that wasn’t enough, regulators took a sledgehammer to debit fee income with Reg II changes that will begin reducing card-not-present interchange fees starting in July 2023. Goes to Sen.

Community 216

Community Fintech Industry Innovation 216

PYMNTS

DECEMBER 3, 2020

For all of the innovation that's occurred in the banking landscape, it's often consumers – not corporates – that benefit from the latest technologies. Regulatory initiatives like PSD2 and open banking across Europe and the U.K. The Drive To Upgrade. Connectivity Is Key.

User Experience 264

User Experience Fintech Innovation Technology 264

Chris Skinner

JUNE 6, 2018

Another day talking culture, leadership and change for digital, and a fascinating review of the five things banks mess up when considering partnering. This presentation was from the Chief Digital Officer (CDO) of a major European bank. appeared first on Chris Skinner's blog.

Leadership 290

Leadership Digital Banking Innovation 290

CB Insights

SEPTEMBER 10, 2020

Our recent webinar — The State of Fintech Q2 2020: Funding Rebound Reveals the Next Leg of Fintech Innovation — highlighted key fintech trends and deals from the second quarter of 2020, including the rise of embedded fintech applications and demand for digital banking services. Free Download: State of Fintech q2’20.

Fintech 46

Fintech Innovation Lending Regional 46

Javelin Strategy & Research

JUNE 6, 2018

Finovate, one of the financial industry’s most recognizable conferences that popularized the “no slide demo-style” presentation format, recently had its Spring edition with over 70 companies participating in the demo portion of the show.

Innovation 40

Innovation Conference Lending Fraud 40

PYMNTS

DECEMBER 1, 2020

ECB President Christine Lagarde wrote in an editorial that she believes stablecoins could present a risk to "financial stability and monetary sovereignty.” The official noted that the coins could help with new innovations in payments, but are vulnerable to volatility.

Lending 140

Lending Digital Banking Policies System 140

Banking 2020

MAY 12, 2015

Specifically, it taught me about customer empathy and experimentation as two good tools to use in innovation. Personal Innovation: You see, I used to be quite unhealthy, living on a steady diet of junk food matched with no real exercise regimen. It builds on innovation and engages the member more effectively. But it worked.

Innovation 40

Innovation Digital Banking Survey Exercises 40

PYMNTS

JULY 1, 2020

While disturbing, it presents an opportunity for FinTechs at a time when the market is ripe for banking disruption and digitization. In May, Citi said use of its digital banking channels surged in the first quarter of 2020 as the COVID-19 pandemic swept the globe. But the trade finance gap remains.

Marketing 193

Marketing Washington New York Fintech 193