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

PYMNTS

MAY 1, 2020

Open banking developments were impacting customers’ interactions with their banks before the COVID-19 pandemic. have passed laws or implemented programs over the past two years to put more focus on digital banking and data security, fundamentally changing how online transactions work. Consumer Trust Drives Open Banking .

Innovation 245

Innovation Regulation Digital Banking Security 245

Celent Banking

APRIL 25, 2016

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. As part of its strategy to position the bank as different and innovative they launched this advertising campaign featuring Usain Bolt.

America 100

America Digital Banking Strategy Fintech 100

PYMNTS

JUNE 2, 2020

“Consumers are now leaning heavily on digital banking to meet their financial needs. Banking app downloads have increased 60 percent since the pandemic became widespread, with banking app revenue growing 17 percent,” according to PYMNTS’ May 2020 Digital-First Banking Tracker® , a collaboration with NCR.

Digital Banking 133

Digital Banking User Experience Meeting Fintech 133

PYMNTS

NOVEMBER 27, 2019

That is among the reasons why Emirates NBD recently launched the first digital banking service for SMBs in the UAE, a launch that could inspire similar efforts in other parts of the world. It will have a mobile app, and provide different services necessary to carry out banking needs. New Venture.

Fintech 167

Fintech Regional Regulation ATM 167

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

AUGUST 16, 2018

The average FinTech deal size in the region is doubling, but B-Hive noted a decrease in the number of deals. With the program , Oracle plans to dedicate additional European staff and resources to monetizable relationships with digital banking innovators and FinTech firms.

Fintech 218

Fintech Marketing Innovation Analytics 218

PYMNTS

SEPTEMBER 30, 2020

Consumers and businesses have been moving online in recent years, and regulators from the European Union to the Middle East and North Africa (MENA) region have worked to keep up with this migration. The Data Privacy Twist .

Regulation 175

Regulation Data Regional Examples 175

PYMNTS

JUNE 26, 2018

Digital banking offerings might not be new in countries like the U.S. Recent partnerships and product launches are bringing digital capabilities to financial institutions (FIs) and consumers in countries where access to financial tools was previously limited to brick-and-mortar branches. Around The Digital Banking World .

Trends 127

Trends Digital Banking United States Tools 127

Chris Skinner

MARCH 30, 2017

There’s also a lot of competition between different cities in the region to be a recognised Financial Centre. Build it and they will come” The ambitions in this region are unlimited however and, like China, nothing stops innovation if the Crown Prince and government are behind it. kilometres.

Regional 150

Regional Fintech Conference Maine 150

PYMNTS

APRIL 21, 2020

That will fall to the tech upstarts, he said, the customer-centric businesses that deeply understand their customers, and who embrace banking-as-a-service. Welcome, perhaps, to a digital banking landscape that has room for the Bank of Google, and the Bank of PayPal. in sight, too.

Branding 232

Branding Innovation Regional Fintech 232

Chris Skinner

APRIL 2, 2017

This week’s main blog headlines are …. What struck me is the interest and excitement about FinTech in both … GulfTech is a challenge due to diversity I took part in a webinar the other day, focused upon the developments in digital banking in the Middle East.

San Francisco 164

San Francisco New York Conference Maine 164

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. In fact, one recent study found that 71.2 About the Tracker.

Fraud 126

Fraud Digital Banking Strategy Security 126

PYMNTS

JULY 21, 2020

The European Union’s financial authorities are monitoring how the pandemic may be affecting banks’ and FinTechs’ compliance with rules such as the General Data Protection Regulation (GDPR) and the revised Payment Services Directive (PSD2), for example. How The Pandemic Is Shifting Open Banking Plans In Latin America .

Mobile 229

Mobile Report America Regulation 229

PYMNTS

MARCH 9, 2020

A vast majority of consumers express a passing interest in exploring banking-like services from providers that are not banks, even though only a small percentage of consumers use those providers today in that way. Nearly every single consumer uses an institution that provides all of those services as their primary bank.

How To 232

How To Millennials ATM Fintech 232

Alex Jimenez

APRIL 7, 2024

The reality is that organizations that are successful in innovating, and transforming their business models, include cost management in their main capabilities. Innovation Gap One of the continuing concerns I have by the lack of commitment for innovation in many banks is the growing gap between digital leaders and everyone else.

Innovation 87

Innovation Management Strategy America 87

PYMNTS

JUNE 28, 2018

But the recent thefts, along with other attempted and completed cyberattacks, demonstrate why payments officials in the region are expressing fresh concern about financial security there. Evidence of that comes from Swift’s Latin America Regional Conference , held earlier this month in Miami. Fraud is a Top Worry.

America 102

America Security Miami Conference 102

PYMNTS

AUGUST 7, 2018

Demonetization was launched in India in an effort to crack down on the nation’s underground economy, boost tax revenues and encourage the transition to a digital banking infrastructure. trillion in cash in 2016 , far more than any other nation in the region. percent by 2021. India spent $1.5 A Growing Competitor For Cash.

Report 104

Report Policies Digital Banking Payments 104

PYMNTS

JUNE 27, 2018

Now, as financial institutions (FIs) embrace Big Data and the algorithms, the idea of applying context to banking transactions stands to gain more popularity and profit potential. The company recently announced that its CBX corporate banking platform will be available through IBM Cloud to reach bank customers.

Big Data 171

Big Data Analytics Case Study Data 171

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. Can banks have it both ways? We see a harmony between digital capabilities and the branches,” he said. appear to support that claim. “We

Millennials 132

Millennials Digital Banking San Francisco Fintech 132

Gonzobanker

JULY 11, 2019

The digital banking system market is as hot as summer in Atlanta as witnessed by NCR ’s acquisition of D3 Technology last week. Privately held D3 was owned primarily by several of its larger mid-size bank clients the likes of First Tennessee , Arvest , TCF and recently signed Zions Bank. Part of Broader Changes at NCR.

Atlanta 128

Atlanta Digital Banking Analytics Leadership 128

FICO

JUNE 15, 2023

Since worries about regional bank struggles and an uncertain stock market are driving people with cash to look for safe havens and good interest rates, it pays to be very careful about security as well as who is behind the friendly new banking brand. Is Sending Money Too Simple?

Fraud 52

Fraud South Carolina Survey Management 52

Gonzobanker

MARCH 9, 2022

While both firms have strong underlying technology and development shops, neither Finxact nor Technisys has the functional requirements to service all consumer and commercial account types for most regional and community banks. Let’s be clear Gonzobankers, these deals are NOT about massive numbers of bank core replacements.

Financial Technology 136

Financial Technology Technology Fintech Community 136

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. Financial services companies can look to three main areas to improve efficiency: people, process and technology.

Operations 138

Operations Innovation Management Risk Management 138

PYMNTS

NOVEMBER 10, 2020

Such a move would see the United Kingdom exit the European Union and abandon the financial regulations that are in place in the region, and some FIs that have served both markets are now withdrawing to serve one or the other.

Report 216

Report Fintech United States Meeting 216

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. What is the main differentiator regarding open banking?

Fintech 46

Fintech Innovation Lending Regional 46

South State Correspondent

OCTOBER 28, 2022

Almost every bank and brand we spoke with will increase their investment in these two areas for 2023. This was followed by a focus on banking-as-a-service, embedded finance, open banking, Web 3.0, Any community bank that believes it can keep up and thwart millions of attacks per second is fooling itself.

Conference 195

Conference Technology Las Vegas Trends 195

PYMNTS

APRIL 20, 2017

s main street banks. Its report, The Challenger Bank Battlefield, analyzes these players not only as competition heats up, but as innovation spreads, too. Regulations like Know Your Customer (KYC), for instance, mean challenger banks must get creative with their compliance efforts. “In In the U.K.,

Compliance 110

Compliance Innovation social media Lending 110

PYMNTS

JULY 1, 2016

Commercial Banking. D3 Banking. B2B startup D3 Banking provides financial institutions and non-banks with technology to strengthen their digital banking strategies for their own individual and corporate customers. Europe and Asia that followed suit with their own investment rounds. Alternative Lending.

Lending 101

Lending Analytics Capital Industry 101

PYMNTS

MAY 30, 2016

Store Front Business Index: Main Street USA, A-OK? One of the most significant: the health and importance of small businesses and, in particular, the “mom-and-pop” shops that line the Main Streets and side streets of our local communities. Digital Banking. The 411 On The Digital Banking Evolution.

Trends 100

Trends Retail Fraud Mobile 100

PYMNTS

JULY 3, 2020

For instance, Taylor said one of her bank’s clients runs regional bike shops that have seen business boom to such an extent that “they can’t keep the bikes or the equipment on the shelves.”. And those are the merchants that I think will be better-positioned.”. Some are not only surviving the pandemic, but are actually thriving.

Innovation 245

Innovation Software Mobile Cards 245

PYMNTS

DECEMBER 14, 2017

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. It is important to note that 214 banks, excluding the top 25, participated in the Bank Innovation Readiness Index survey. Not innovating is not an option. Methodology.

Innovation 162

Innovation Branding Payments Survey 162

PYMNTS

APRIL 23, 2018

For the first time, shoppers could conveniently visit one store to see, touch and buy things, many of which were simply not available to them in the stores lining the main streets in their towns. For the first time, local and regional DVD rental stores aside, people across the U.S.

Retail 117

Retail Maine Lending Software 117

Gonzobanker

MAY 14, 2018

At least one mid-size bank showed up with its entire exec leadership team AND board of directors. Lots of conversations around re-orgs and re-architecting the digital storefront with providers like Extractable and others in the expo hall. Everybody’s in The Game.

Branding 121

Branding Industry Apple Marketing 121

PYMNTS

JULY 14, 2016

may have a new Prime Minister in place to guide the region through the next phase of Brexit , but uncertainty and a sense of unease remains, worldwide. Webster: What effect do you think the vote will have on the digital banking industry in the U.K. Will companies begin migrating to “greener” E.U. and Europe, if any?

National 100

National Strategy Fintech Regulation 100

Tefkin

JANUARY 5, 2016

2016 will see a strong competition in the pure banking space. In Europe especially, a crop of new banks and alternative banks will push strongly into the market. A new wave of technology, from blockchain to AI and omnipresent sensors is shaping a new world (hopefully not brave).

Fintech 31

Fintech Marketing Maine Trends 31

CB Insights

FEBRUARY 13, 2020

Fundamentally, Stripe’s products and strategic initiatives fall under 3 main goals: Broadly enable online commerce. Issuing serves corporate expense and digital banking use cases, among others. This is particularly useful for businesses operating in regions outside of the US. Support merchant partner growth.

Online 98

Online Company Retail Payments 98