Remove Digital Banking Remove Innovation Remove Security Remove UX
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Why Legacy Banks Have Mobile App Advantages

PYMNTS

A consumer’s sense of security and trust can be a funny, even unpredictable thing, especially when it comes to payments, banking and commerce. Good UX vs. Security. That said, Oosthuizen noted, those younger developments often tend to focus on “good UX and the consumer experience — in terms of what works.

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Shoring Up FIs ‘Deteriorating Advantage’ Over Big Tech

PYMNTS

I think this is just another layer of motivation and opportunity for legacy FIs to fulfill their own digital transformation agendas, take them seriously and make it happen.”. Open Banking. One spur toward digital innovation, for collaboration and cross-pollination for FIs, comes via open banking. Build or buy?

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Why The Bank-FinTech Relationship Is More Complicated Than Conflicted

PYMNTS

The ongoing struggle, supposedly existential in nature, that pits upstart, relatively young FinTech firms against arrogantly complacent banks for supremacy in this new and growing world of digital payments and commerce. Banks have that base of trust, and the ability to engage with customers,” Oosthuizen added.

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Who Owns Digital? Ugh, That’s the Problem for Bankers

Gonzobanker

One of the fatal mistakes many institutions make is viewing digital as falling entirely within the domain of I.T. When a bank operates this way, the focus tends to be around operational uptime, security, and incident management while insufficient attention is given to the end-user customer experience. The post Who Owns Digital?

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The Great Filter for Digital Challengers

Celent Banking

Traditional financial institutions have long known that trust is an asset, whether it’s trust to keep money safe or trust to keep data secure. ” The question is: do challenger banks need traditional institutions? Challenger institutions have been an important part of the banking ecosystem.

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The 25 Most Absurd Job Titles In Tech

CB Insights

INNOVATION IS MORE THAN FANCY JOB TITLES. Get the free 31-page State of Innovation report to find out how 677 corporate strategy execs are driving change and growth. Innovation Evangelist. Both SAP and Google have employed an innovation evangelist in years past. Innovation Alchemist. Security Princess.

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Does ‘Google Checking’ Foreshadow Big Tech, FinTech Payments Changes?

PYMNTS

Google’s expertise is in UX design,” he noted. “By But will consumers trust Google to keep their bank account information private and secure, and within the circle of trust between them and their banks?

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