PYMNTS

JUNE 13, 2019

Digital bank Monzo, based in the United Kingdom, is crossing the pond. is a different market with its own challenges, according to some observers. Reuters reports that the company has reached U.S. shores, debuting with what is being termed a “limited rollout” of an app linked to a checking account and debit card.

Digital Banking 119

Digital Banking Los Angeles San Francisco US 119

PYMNTS

APRIL 28, 2020

Brattleboro Savings & Loan (BS&L) has chosen NCR Corporation , a global enterprise technology provider for the financial industry, to provide customers with an improved digital banking experience, the companies announced Tuesday (April 28) in a press release.

Digital Banking 142

Digital Banking Vermont Atlanta US 142

PYMNTS

JANUARY 7, 2020

Yet another business consortium vies for a lucrative, wholesale digital banking license, according to reports. The license bid is “an opportunity for us to impact an underserved segment,” said Mi Li, ADVANCE.AI’s chief marketing officer. Other companies include Razer, Grab Holdings and Ant Financial.

Digital Banking 131

Digital Banking Capital Leadership Fintech 131

PYMNTS

OCTOBER 15, 2018

online bank, which already offers credit cards, savings and loans to 13 million customers. The more aspects of the relationship a customer has with us, the happier we are,” Rodrigues told the newspaper. We expect to have that in the market next year.”. knowledge and expertise” to create a checking account for its U.S.

Digital Banking 187

Digital Banking Cards Online Branding 187

Bank Innovation

FEBRUARY 12, 2020

The growth of mobile and digital banking is driving in-store branch numbers down. In-store branches are satellite bank branches located inside large retail spaces, such as supermarkets or chains like Walmart and Safeway. since June 30, 2018, S&P Global Market Intelligence reported.? since June 30, 2019, and 6.5%

FDIC 243

FDIC US Retail Digital Banking 243

PYMNTS

SEPTEMBER 11, 2019

The push toward digital banking seems an inexorable one, with the technology and demographics acting as tailwinds, and where governments have increasingly gotten into the act of promoting digital banks (the pure-play kind) and making forays into bits and bytes, where once paper and face-to-face transactions reigned.

Digital Banking 160

Digital Banking Millennials Mobile Regulation 160

PYMNTS

APRIL 24, 2020

Monzo Bank Ltd., the British digital bank, has taken the next step to expand into the U.S. market, where it has already done some testing. Office of the Comptroller of the Currency for a banking license. banking license is a significant milestone in our mission to make money work for everyone,” Monzo U.S.

San Francisco 189

San Francisco US Ohio Digital Banking 189

PYMNTS

JULY 25, 2019

Banks need to keep this requirement top of mind as they compete against other FIs in newer markets, however. It is thus imperative that those seeking to expand into new markets adjust their fraud protection strategies to better fit local customer needs. Bringing a global fraud approach to a new local market. operations.

Fraud 164

Fraud Marketing US Resources 164

BankInovation

MARCH 12, 2024

Fintel Connect helps Live Oak Bank increase its deposit volume. The digital, FDIC-insured bank looked to affiliate marketing platform Fintel Connect nearly two years ago to expand its reach, Fintel Connect Chief Executive Nicky Senyard tells Bank Automation News on this episode of “The Buzz” podcast.

Digital Banking 61

Digital Banking FDIC US Marketing 61

PYMNTS

DECEMBER 10, 2019

million customers in 25 markets in Europe. N26 partners with Axos Bank to offer a Visa debit card and FDIC-insured checking account. Cash withdrawals are free at more than 55,000 Allpoint designated ATMs and customers also get two free out-of-network withdrawals per month. N26 started rolling out in the U.S.

Digital Banking 131

Digital Banking Cards US FDIC 131

CB Insights

NOVEMBER 10, 2020

During the Covid-19 pandemic, global shutdowns and branch closures have further accelerated digital and mobile banking adoption. Digital banking startups are forgoing physical presence for mobile-first interfaces that offer superior customer experience at a lower cost. Want the full post? Want the full post?

Digital Banking 77

Digital Banking Marketing Customer Experience Mobile 77

PYMNTS

JULY 8, 2019

InstaReM is currently preparing to apply for one of five (two retail, three wholesale) digital banking licenses that the city-state of Singapore announced it would be issuing earlier this month. They want us to focus on true innovation.”. They want to create new business models and new infrastructure plays,” Nanu noted.

Digital Banking 176

Digital Banking Innovation Cards Lending 176

PYMNTS

JUNE 25, 2019

Community financial institution (FI) Cross River Bank is acquiring Seed , a small business (SMB) digital banking company, reports in Reuters said on Monday (June 24). Cross River Bank has partnered with a range of FinTech startups since its 2008 launch, including collaborations with Stripe , Coinbase and Affirm , reports said.

Community Bank 116

Community Bank Community Digital Banking FDIC 116

CB Insights

JANUARY 5, 2021

In the past few years, the burgeoning popularity of digital banks has only underscored the severity of these problems, with upstarts like Chime and SoFi offering cheaper, faster, and more convenient banking experiences. . get the state of challenger banks report. First name. Phone number. Source: PwC. Globally, 1.7B

Digital Banking 98

Digital Banking US Online FDIC 98

PYMNTS

OCTOBER 22, 2019

“As a launch partner of Revolut, Mastercard has been an important contributor to our success, and today’s agreement will enable us to meet our ambitious goal of offering innovative financial and payment solutions to people all over the world,” said Nik Storonsky, founder and chief executive officer of Revolut. Launching in the U.S.

US 103

US Fintech Meeting Cards 103

The Paypers

OCTOBER 25, 2023

FV Bank , a US-licenced global digital bank, has announced the rollout of Custody Money Market Account for qualified clients.

Marketing 36

Marketing Digital Banking US 36

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 If that’s in our future, we need a new user interface between us and those machines,” Cross said. billion in 2016 to $9.59

Digital Banking 180

Digital Banking Technology Samsung Meeting 180

PYMNTS

AUGUST 15, 2019

He added that jumping into more traditional lending “can get us a good way to profitability, if not even all the way.”. The eBank joins smaller rival Starling Bank on the lending front, becoming the second online bank in the U.K. banking market through a partnership with Ohio-based Sutton Bank. In the U.S.

Lending 161

Lending Los Angeles Digital Banking San Francisco 161

PYMNTS

JANUARY 18, 2021

Sources told Reuters that Grab is looking to take advantage of the red-hot IPO market in the U.S. If the company chooses to proceed, the IPO could be the largest market debut ever made by a Southeast Asian company on a foreign exchange. The bank is expected to launch in early 2022.

Fintech 198

Fintech US Groups Management 198

Gonzobanker

APRIL 13, 2020

Converting new digital accounts into lasting relationships will take proactive care and feeding. adults, “During social distancing, how much more or less likely are you to leverage digital banking and digital payments?” ” Not surprisingly, most people said they would perform more digital activity.

Digital Banking 100

Digital Banking Apple Cards Survey 100

BankInovation

OCTOBER 22, 2021

Umpqua Bank is cultivating its "human-digital" strategy as it approaches a partnership with Tacoma, Wash.-based based Columbia Bank that will boost its market share on the West Coast.

Strategy 98

Strategy Digital Banking Digital Strategies US 98

Javelin Strategy & Research

DECEMBER 14, 2021

The scorecard report details and ranks user experience trends and best practices in the Canadian market, covering nearly 400 features across six categories: Money Movement, Ease of Use, Security Empowerment, Financial Fitness, Customer Service, and Account Opening.

Digital Banking 40

Digital Banking User Experience Digital Strategies Trends 40

Ron Shevelin

JUNE 17, 2019

UK challenger bank Monzo announced plans to enter the US market. To succeed, it will need to deliver on some combination of five factors.

Digital Banking 160

Digital Banking US Marketing 160

Abrigo

MAY 11, 2020

While the pandemic, as well as the rapid response, were not scenarios many were prepared for, it has provided a glimpse into what we can expect from our banking relationships moving forward. COVID-19: A springboard to digital banking. And if they can’t get it done with their bank? Portfolio Risk & CECL. Learn More.

US 195

US Lending Community Technology 195

PYMNTS

OCTOBER 16, 2020

It’s been another busy week in the world of payments and commerce, with the expansion of installment point of sale (POS) credit and digital banking. banking license. I think that this just-in-time credit is going to be growing … and it’s going to take, share from cards and take share from banks. banking license.

Report 176

Report San Francisco Payments Digital Banking 176

Bank Innovation

MARCH 24, 2020

America, we come bearing good news in these uncertain times,” Chad West, Revolut’s head of marketing and communications […]. However, some in the industry question whether now is the best time to launch the U.S. product, given the novel coronavirus pandemic.

US 199

US America Industry Marketing 199

Accenture

APRIL 30, 2019

To help banks better understand where the horse is going and keep pace (rather than just yanking on the reins), we recently polled 47,000 financial services consumers across 28 markets about their banking needs, behaviors and preferences. Pioneers , for instance, look like the ideal customers for a modern digital bank.

Survey 151

Survey Marketing Groups Study 151

PYMNTS

AUGUST 22, 2019

consumers who are frustrated with their current banking experience. We give users a banking app and Visa debit card that matches their lifestyles,” says Nicolas Kopp, US CEO, N26 Inc. “We created a mobile, fast and easy way to bank.” . “We are excited to now open up N26 to the millions of U.S.

US 157

US San Francisco United States Chicago 157

CB Insights

NOVEMBER 21, 2019

The 2019 Canadian fintech market map. The startups selected for inclusion in the market map below are all Canada-headquartered, VC-backed fintech companies that have at least US $1M in equity funding, and have obtained equity funding since the start of 2015. Navigating the Canadian fintech market map.

Fintech 93

Fintech Marketing US Technology 93

PYMNTS

FEBRUARY 11, 2020

Mastercard Gets Nod To Join China’s $27T Payments Market. China approved Mastercard for a bank card clearing business with its partner, NetsUnion Clearing Group, giving the company access to a $27 trillion payments market. Amazon Expected To Control 70 Pct Of US Smart Speaker Market By Next Year.

Marketing 150

Marketing Payments Retail California 150

PYMNTS

JULY 30, 2019

This funding allows us to build out new features around banking and investing that will enhance the relationship with our customers.”. The news outlet indicated that the company will launch a new investment feature in the fall to help Stackin’ users participate in the stock market.

Digital Banking 116

Digital Banking Millennials Groups Capital 116

PYMNTS

OCTOBER 17, 2019

Chime has described its target market as a younger demographic whose income ranges from $35,000 to $70,000 a year, who don’t want to pay the fees charged by larger brick and mortar banks, and are more likely to take their chances on a startup. “We

Digital Banking 107

Digital Banking San Francisco Leadership Cards 107

PYMNTS

JULY 11, 2019

And, according to the announcement, N26 partners with Axos Bank to offer a Visa debit card and FDIC-insured checking account. million customers in 24 markets in Europe. launch is a major milestone for N26 to change banking globally and reach more than 50 million customers in the coming years.” N26 has reportedly reached 3.5

Mobile 121

Mobile US United States FDIC 121

Bank Innovation

NOVEMBER 6, 2018

Autumn is upon us, trees are changing colors, and executives are changing jobs. The job market for digital banking is thriving. JPMorgan plans to hire thousands of people for its technology and digital departments, in addition to an entry-level program to train and nurture young technologists.

Training 150

Training Digital Banking US Marketing 150

Bank Innovation

NOVEMBER 6, 2018

Autumn is upon us, trees are changing colors, and executives are changing jobs. The job market for digital banking is thriving. JPMorgan plans to hire thousands of people for its technology and digital departments, in addition to an entry-level program to train and nurture young technologists.

Training 150

Training Digital Banking US Marketing 150

PYMNTS

JUNE 24, 2019

These professionals are entering the market with a demand for digitization, and it’s driving the emergence of digital- and mobile-first banks built for small businesses. Among this community is Novo , a mobile-first bank connecting entrepreneurs with bank account and debit card services. and Europe.

US 186

US Payments Data Fintech 186

PYMNTS

FEBRUARY 19, 2020

Banks across the U.S. The area encompasses New York City, its suburbs and parts of New Jersey, “a very dense urban market in most instances, so there’s a lot of potential duplication of bank branches,” said Walter Bialas, director of research at Jones Lang LaSalle , the world’s second-largest commercial real estate services firm.

New York 167

New York North Carolina US New York City 167