PYMNTS

NOVEMBER 15, 2019

National direct bank CIT Bank is introducing eChecking, a new digital checking account with a wide variety of electronic transfer and payment solutions, the company announced in a press release on Friday (Nov. The new accounts have no monthly fee and offer ATM fee reimbursement of up to $15 a month.

National 123

National Samsung Survey Mobile 123

Gonzobanker

OCTOBER 13, 2020

For these institutions, digital strategy should be focused on a disciplined allocation of resources and a management team obsessed with understanding performance, competition and the voice of the digital customer. Best practice institutions are not managing the digital shift in a reactive fashion.

Strategy 156

Strategy Digital Banking Digital Strategies Mobile 156

PYMNTS

FEBRUARY 21, 2020

The LendingClub announcement follows the news that mobile bank Varo received approval from U.S. regulators to secure a national bank charter, in turn clearing the runway for the entity to accept consumer deposits.

Digital Banking 224

Digital Banking Conference Samsung Fintech 224

PYMNTS

JANUARY 13, 2021

The Office of the Comptroller of the Currency (OCC) granted digital asset platform Anchorage Trust Company a digital banking license, according to a press release Wednesday (Jan. With the national trust bank charter, South Dakota-based Anchorage will become Anchorage Digital Bank , National Association.

South Dakota 131

South Dakota Digital Banking Bitcoin cryptocurrency 131

PYMNTS

JANUARY 19, 2021

With more financial institutions (FIs) turning to external third-party FinTechs to strengthen their small- to medium-sized business (SMB) and corporate offerings, the collaboration model is proliferating across national borders. National Australia Bank Chooses Eedenbull. Absa Group Collabs With Surecomp.

Fintech 341

Fintech National Groups Tools 341

PYMNTS

NOVEMBER 4, 2019

PSCU, a national payments credit union service organization, is teaming up with dispute management firm Lean Industries to process disputes, PSCU announced in a press release on Monday (Nov. The company will leverage Lean Industries’ AdjustmentHub and NetworkHub solutions to manage dispute services. “As

Industry 101

Industry Management United States Risk Management 101

Perficient

MAY 26, 2021

Since its inception in 2015, the Fintech Generations conference has drawn national and international fintech leaders and speakers. Jamie Warder, EVP & Head of Digital Banking, KeyBank. Bridgit Chayt, SVP Director Commercial Payments & Treasury Management, Fifth Third Bank.

Fintech 462

Fintech North Carolina Charlotte Conference 462

PYMNTS

OCTOBER 11, 2018

The vast majority of small businesses have already used some type of digital bank product, but key features of digital services are missing. For example, one-third said they are unable to sign documents digitally, even though most agree it is a useful feature. In the U.K.

Digital Banking 172

Digital Banking Survey Online Report 172

BankInovation

MAY 21, 2020

Miami-based Pacific National Bank is using a stand-alone digital brand called Facile to reach younger customers and position itself for long-term success. It’s aimed at giving the bank a peak into what we think banking is going to look like.

Miami 98

Miami Digital Banking National Branding 98

CFPB Monitor

JUNE 25, 2020

The OCC has issued an Advance Notice of Proposed Rulemaking (ANPR) seeking comments in connection with a comprehensive review of its regulations on electronic activities of national banks ( 12 CFR part 7, subpart E ) and federal savings associations ( 12 CFR part 155 ). Comments on the ANPR must be received by August 3, 2020.

National 103

National Regulation Innovation Technology 103

PYMNTS

MAY 12, 2020

Consumers are paying with credit and debit cards more than ever before, and they are increasingly looking to their smartphones to gain greater control over how they spend and manage their money. consumers, seeks to better understand how spending and banking preferences are changing in the digital age. Our research shows that 28.5

Regional 241

Regional National Cards Mobile 241

PYMNTS

DECEMBER 23, 2020

In today’s top news in digital-first banking, Goldman Sachs is testing out a wealth management program for the general public, while PayPal will allow customers to cash in their next stimulus checks without a fee. Plus, the State Bank of Pakistan (SBP) is eyeing the digitization of business supply chains.

Management 141

Management Conference Lending National 141

Bank Innovation

DECEMBER 4, 2019

Koho, a Toronto-based digital banking startup, is on track to expand its product suite to include credit and savings products in 2020, CEO Daniel Eberhard told Bank Innovation on Wednesday. In late November, the […].

Tools 332

Tools Digital Banking Innovation Cards 332

CFPB Monitor

APRIL 25, 2022

In January 2021, the OCC granted Anchorage conditional approval for a national trust bank charter. As an enforceable condition of approval, the company entered into an operating agreement which sets forth, among other things, capital and liquidity requirements and the OCC’s risk management expectations. Compliance Committee.

Compliance 78

Compliance Digital Banking Training South Dakota 78

CFPB Monitor

SEPTEMBER 6, 2022

I am pleased to share with our blog readers that Kristen Larson, an attorney with almost two decades of in-house experience advising midsized and large national banks on financial services matters, has joined Ballard Spahr’s Consumer Financial Services Group. She is resident in the firm’s Minneapolis office.

Groups 78

Groups Minneapolis National Lending 78

PYMNTS

JANUARY 24, 2021

NCR was formerly known as National Cash Register and was once owned by AT&T. He said the Cardtronics platform could help connect customers in retail or bank businesses and capitalize on the trend of banks outsourcing. PYMNTS pointed out earlier this month that NCR's bid for Cardtronics shows the allure the ATM business has.

ATM 293

ATM Retail Operations Software 293

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

SEPTEMBER 28, 2020

This week's look at the latest in bank-FinTech collaboration and open banking initiatives finds treasury management in the spotlight. Plus, a new challenger bank in Italy has plans for the nation's largest open banking platform. HighRadius & Commerce Bank. Tink & Enel X. Illimity & HYPE.

Fintech 204

Fintech Tools Groups Management 204

PYMNTS

NOVEMBER 30, 2020

Consumers who may not have ready access to debit or credit cards to fund their eWallets will now have the option to do so directly through their bank accounts,” said Ravi Menon, managing director, MAS. Non-banks Grab and Razer are in the running for a digital bank license in Singapore. More than 12.5

Payments 170

Payments Digital Banking Groups Cards 170

PYMNTS

MAY 14, 2020

The nations include China, Indonesia, India, the Philippines, Malaysia, the United Kingdom, Singapore, and Japan, according to an announcement. . The SCB payment platform would work with the EMQ network to reportedly provide secure and cost-effective cross-border offerings.

System 255

System Payments America Security 255

PYMNTS

AUGUST 5, 2020

Management added that WesternUnion.com is currently available in more than 75 countries, with bank account payout in over 100 nations. Ersek went on to particularly praise WU’s continued significant investments in building out its digital cross-border/cross-currency platform in recent years.

United States 337

United States National Retail US 337

PYMNTS

NOVEMBER 10, 2020

PSCU , which is billed as the nation's premier credit union service organization (CUSO), has announced its new Enhanced Fraud Services system, which the company said “has helped 10 early adopter credit unions combat fraud of all types, ranging from first-party chargeback fraud to identifying card information being sold on the dark web.”.

Fraud 151

Fraud Virginia Florida Risk Management 151

PYMNTS

NOVEMBER 30, 2020

The release stated the partnership will let companies pay costs via a credit card, while accessing on-demand liquidity alongside cost management tools. Nets will provide the full-scale solution with a corporate credit and debit solution using digital services, enterprise card management and security tools, the release stated.

Cards 160

Cards Payments Tools Regional 160

PYMNTS

NOVEMBER 23, 2020

The Office of the Comptroller of the Currency (OCC) has put forward a personal banking rule meant to level the playing field. The regulation would guarantee that everyone would have equal access to banking services provided by federal savings associations, national banks, and federal branches and agencies of foreign bank organizations.

Analysis 162

Analysis Digital Banking Report Regulation 162

PYMNTS

SEPTEMBER 22, 2020

Banks from the United States to Europe are closing bank branches as consumers embrace digital banking amid the pandemic. The financial institution said per the report that it would shutter approximately 100 locations throughout the nation, which would shrink its domestic offices to roughly 400. In the U.S.,

Pennsylvania 210

Pennsylvania Nashville Indiana Tennessee 210

PYMNTS

OCTOBER 1, 2020

In Barclays ’ newest bank-FinTech collaboration, Barclays Business Banking will team with asset finance provider Propel to provide vehicle and equipment finance through a digital platform to SMBs. Ebury, which was started in 2009 and has offices in more than 20 nations, becomes a part of Nexi Open with the deal.

Fintech 228

Fintech Data Risk Management Management 228

The Financial Brand

OCTOBER 6, 2021

Next-generation management puts more chips on digital for all customers, but sees a critical role for humans on the business-banking side. The post Customers Bank Pursues Branch-Light, High-Tech National Strategy appeared first on The Financial Brand - Banking Trends, Analysis & Insights.

National 31

National Strategy Banking Trends Analysis 31

Gonzobanker

MARCH 28, 2024

Banks and credit unions are maturing their internal digital support capabilities. While very few are developing digital applications from the ground up, efforts are being made to better configure, customize and integrate digital platforms more at fintech speed. Bank and credit union leaders must love their due diligence!

Digital Banking 134

Digital Banking Customer Experience Strategy Exercises 134

PYMNTS

AUGUST 5, 2019

. “Leveraging its world class digital money transfer platform, InstaReM is offering businesses in Singapore a quick and easy way to make payments into China.” InstaReM has traditionally focused on consumer cross-border transactions, with its turn to B2B payments reflective of the market’s opportunities and gaps.

Payments 184

Payments National America Digital Banking 184

NCR

JULY 28, 2017

The ongoing development of digital technology has created unprecedented choice and freedom for consumers in how they manage their financial affairs. As people complete more financial tasks and transactions via digital channels, there is more scope for fraudsters to exploit the weakest links in security.

Fraud 74

Fraud Digital Banking Survey Security 74

PYMNTS

OCTOBER 29, 2020

The technology conglomerate announced this week a new cloud service to help smaller banks integrate anti-money (AML) laundering protections via its Financial Crime and Compliance Management Cloud Service. Plus, leveraging the cloud to deploy digital banking has allowed us to introduce updates more often and innovate faster.

US 203

US Fintech Tennessee Compliance 203

Gonzobanker

JULY 8, 2022

The operational world of cash, checks, deposit slips, passbooks, and teller terminals used to dominate bank tech budgets. Those were the days of green screen cores and server-based ancillary applications, and digital banking was a Star Trek thing of the future. A national unemployment rate of 3.6% and a shocking 1.3%

Resources 139

Resources Leadership Technology Management 139

South State Correspondent

FEBRUARY 22, 2023

Non-Expert Deposit Pricing Management – How To Destroy Bank Franchise Value The best way to quickly destroy value is to peg a deposit product to an index such as SOFR, Prime, Fed Funds, or Treasuries. However, this doesn’t tell the whole story when it comes to deposit management.

Management 195

Management Marketing Branding Strategy 195

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. What’s Next?

Digital Banking 60

Digital Banking Industry Capital Strategy 60

PYMNTS

MARCH 1, 2020

Neobank Niyo has partnered with the National Payments Corp. The payroll software makes it easier for companies to manage workers’ salary information. The payroll software makes it easier for companies to manage workers’ salary information. “It

Fintech 130

Fintech ATM National Maine 130

Gonzobanker

APRIL 8, 2020

In a recent poll, Cornerstone Advisors learned that most bank and credit union executives are not confident they are creating the kind of knowledgeable and actionable content today’s self-directed, mobile-first buyers demand. Content management – The content management system is the execution epicenter of a solid content strategy.

Leadership 170

Leadership Analytics System Digital Banking 170

PYMNTS

DECEMBER 21, 2020

“It is not yet clear whether he participated actively in the theft or if he simply decided not to increase security measures after discovering it,” Ivano Gabrielli, director of the national center for cyber crimes (CNAIPIC), told Reuters. 16), in the first blockchain-supported bank guarantee in Russia. Meanwhile, U.K.

blockchain 206

blockchain Bitcoin Fraud Report 206