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

PYMNTS

JULY 8, 2019

Regulators, particularly in the nations with the largest swaths of unbanked consumers, will say it offers users no easy way to cash in, cash out or reliably spend the Libra currency. At this point, despite a lot of challenger banks rolling out offerings in these areas as “cutting edge” or “innovative,” the reality is they aren’t.

Digital Banking 176

Digital Banking Innovation Cards Lending 176

Bank Innovation

FEBRUARY 19, 2020

Level, a digital banking startup based in San Francisco Calif., The company, which launched its products nationally Wednesday, is coming into the market as fintech startups like Wealthfront, Betterment and Varo are touting high-yield savings accounts to vie for market share. is trying to hook customers with a 2.1%

San Francisco 259

San Francisco National Digital Banking Fintech 259

Bank Innovation

OCTOBER 29, 2019

Digital banking brand Varo has 1 million customers, and is pushing ahead with plans to become a nationally-chartered bank early next year, CEO Colin Walsh told Bank Innovation Tuesday.

National 284

National Innovation Digital Banking Branding 284

PYMNTS

APRIL 19, 2017

Soul Machines’ development of emotionally fueled avatars is part of a recent wave that is spurring the development of the self-service software market, which is reportedly anticipated to grow from $4.47 TO DOWNLOAD THE APRIL EDITION OF THE PYMNTS DIGITAL BANKING TRACKER™, CLICK THE BUTTON BELOW. . . billion in 2016 to $9.59

Digital Banking 180

Digital Banking Technology Samsung Meeting 180

PYMNTS

DECEMBER 9, 2020

In today’s top news in digital-first banking, U.K. FinTech Revolut has introduced its Pockets tool, while Robinhood Markets is reportedly working with Goldman Sachs for its public offering preparations. Robinhood Markets is reportedly working with Goldman Sachs for its initial public offering (IPO) preparations.

Marketing 159

Marketing Tools Conference Fintech 159

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

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

MAY 14, 2020

The nations include China, Indonesia, India, the Philippines, Malaysia, the United Kingdom, Singapore, and Japan, according to an announcement. . EMQ has, for its part, recently increased network growth throughout North America, Africa and Asia Pacific, with access to more than 80 important international markets.

System 255

System Payments America Security 255

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. The FI officially opened the digital platform to U.S. The FI officially opened the digital platform to U.S.

Meeting 227

Meeting Mobile Digital Banking Tools 227

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

AUGUST 5, 2020

“This is not a shift because this digital growth isn’t coming at the expense of our retail business so much as it is about getting new customers to the category and other customers from other parts of the remittance market, like banks and other digital financial services providers.”. That certainly has helped out.”.

United States 337

United States National Retail US 337

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. China isn’t the only nation where consumers have their pick of banking options, though. About the Tracker.

Mobile 185

Mobile Digital Banking social media Strategy 185

Gonzobanker

MARCH 28, 2024

The digital players are working to differentiate based on stronger customer experience features and tight integrations in areas such as financial health, data-driven marketing and fraud/security. This is an area where speed-to-market competition will be important. #3. Bank and credit union leaders must love their due diligence!

Digital Banking 148

Digital Banking Customer Experience Strategy Exercises 148

PYMNTS

JULY 24, 2020

As a CU for the United Nations community, however, United Nations Federal Credit Union (UNFCU) holds a unique, global perspective into the role that these financial institutions (FIs) can play to support payments innovation on multiple fronts. . in markets like Kenya, mobile payments are the norm.

Innovation 201

Innovation Payments Leadership National 201

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

AUGUST 5, 2019

.” InstaReM noted that it is a member of Singapore trade information management platform the National Trade Platform, which will enable the company to provide its cross-border B2B payments services to other National Trade Platform members that trade with China. In March the company announced $41 million in new funding.

Payments 184

Payments National America Digital Banking 184

PYMNTS

FEBRUARY 21, 2018

In the February edition of the Digital Banking Tracker , a Feedzai Collaboration, PYMNTS explores the latest developments surrounding AI and machine learning in the financial services space. Around the Digital Banking world. TO DOWNLOAD THE FEBRUARY EDITION OF THE DIGITAL BANKING TRACKER , FILL OUT THE FORM BELOW. .

Digital Banking 163

Digital Banking Fintech Software Operations 163

Gonzobanker

APRIL 8, 2020

Pages should have calls to action in shareable content like blogs, videos and webinars that encourage consumer and business engagement, and they should be used across digital marketing mediums like blogs, alerts, calling/texting the contact center and auto-scheduling appointments. Email us for a list. Email us for a list.

Leadership 173

Leadership Analytics System Digital Banking 173

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

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. They acquire a lending product, and then a digital banking platform.

Digital Banking 133

Digital Banking Millennials Lending Marketing 133

Gonzobanker

DECEMBER 14, 2023

Through a unique reverse merger structure and $400 million P/E injection, PacWest made it through a ring of fire and the two have created a $36 California business banking franchise while helping to calm a bank panic in the spring of this year. Merger of Equals Deal of the Year (Bank) – Burke & Herbert Financial Services Corp.

Fintech 195

Fintech Community Regional Technology 195

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

South State Correspondent

FEBRUARY 22, 2023

With loans, it’s hard to discern expert-level skills unless you know the market and the credit. When we analyze a bank, it is typically the first thing we look for, as deposit pricing and structure are the metrics that tell you the most about the quality of a bank. The market is becoming more interest rate sensitive by the day.

Management 195

Management Marketing Branding Strategy 195

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

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. Illimity & HYPE.

Fintech 204

Fintech Tools Groups Management 204

PYMNTS

APRIL 10, 2020

While this strategy can yield results, it can also create silos, hampering a bank’s ability to achieve one of the most vital goals of DX: seamless integration of operations that boost efficiency and improve the end-user experience. “Banks are technology companies,” Rio Tinto recently told PYMNTS.

Technology 360

Technology Company Operations Payments 360

PYMNTS

DECEMBER 18, 2018

Virtual bank Radius Bank — which services small businesses (SMBs), micro-firms and consumers — is rolling out a revamped digital banking platform and a mobile banking app, the company said on Monday (Dec.

Mobile 122

Mobile User Experience Digital Banking Fintech 122

PYMNTS

MARCH 1, 2020

Neobank Niyo has partnered with the National Payments Corp. This strategic partnership will facilitate workers in this segment with a bank account and empowering them [with] digital banking [solutions] as well as financial security. The payroll software makes it easier for companies to manage workers’ salary information.

Fintech 130

Fintech ATM National Maine 130

PYMNTS

JANUARY 13, 2021

12) press release , has meant a needed to elevate the level of a digital game already in progress. As the 2021 season kicks off, Girl Scouts are including contact-free pickup and delivery orders through a new national collaboration with Grubhub and opening up cookie ordering nationally to the public on Feb. Billion.

National 166

National New York Leadership Analysis 166

PYMNTS

OCTOBER 8, 2020

one of the biggest payments processors in the world, one of the top 3 banks in Brazil, one of the big four banks in Australia, the largest national card processor in Europe, and several others),” according to the release. Feedzai has seen the increase in fraud and scams with the pandemic.

Report 247

Report Fraud Risk Management America 247

PYMNTS

SEPTEMBER 23, 2019

New guidance published from the National Credit Union Administration (NCUA) lifts the requirement to file suspicious activity reports for hemp farmers, granting them access to CU services without oversight. How Digital-First CUs Can Break The Impersonality Barrier. Federally insured CUs in the U.S.

social media 157

social media Trends Michigan United States 157

PYMNTS

JULY 21, 2020

Open banking is appealing to financial institutions (FIs) and regulators in many markets, even as the pandemic sweeps across the world. Regulators in other regions, including Latin America, are also shaping and announcing plans to enable open banking and better support digital financial systems.

Mobile 229

Mobile Report America Regulation 229

PYMNTS

JANUARY 28, 2019

There was also participation by all of Finxact’s existing investors, including Live Oak Ventures, First Data, Woodforest National Bank and T.N. We have multiple customer implementations currently underway and have raised capital to expand our capacity to go to market on a broader scale. The core banking market in the U.S.

Digital Banking 108

Digital Banking System Innovation America 108

PYMNTS

FEBRUARY 2, 2020

CIT’s Southern California branch network, OneWest Bank , unveiled a new mobile app to help small businesses meet their financial goals. Our new app is an accessible and convenient solution for local entrepreneurs looking to manage their money digitally, from anywhere at any time.”. In separate news, a J.D.

Mobile 131

Mobile Survey California Retail 131

The Financial Brand

AUGUST 31, 2020

Building innovation on a basic bank chassis to produce fresh growth and expansion means venturing beyond your institution's comfort zone. The post Taking a Community Bank National Demands a Niche and a Strategy appeared first on The Financial Brand.

Community Bank 33

Community Bank National Strategy Community 33

Chris Skinner

MARCH 31, 2017

I took part in a webinar the other day, focused upon the developments in digital banking in the Middle East. It just illustrates the market well, and has an attitude of Just Do It. More on that in other blogs, as the focus of this one is the market diversity.

Regional 150

Regional Digital Banking America Meeting 150