PYMNTS

AUGUST 7, 2019

This time around, according to the site, the banks will commence the second phase by October of this year, and there already exists collaboration between banks and FinTechs for the exchange of data and various financial services functions. As reported earlier this year, Hong Kong regulators awarded three digital banking licenses.

Digital Banking 129

Digital Banking Fintech Millennials Data 129

Accenture

SEPTEMBER 22, 2019

But there’s another reason why the neo-challengers are so front-of-mind: They’re industry leaders in cultivating technology innovation and optimising customer service and experience. Traditional banks have responded by innovating and creating their own digital banking brands—witness the launches of RBS’s Bó and HSBC’s Connecting Money app.

Innovation 150

Innovation Metro Apple Marketing 150

PYMNTS

MARCH 3, 2020

Mobile and online banking’s prevalence has reduced physical branches’ importance, but these brick-and-mortar establishments are still vital to customers’ financial lives. Even millennials , who heavily lean on remote banking, still visit physical bank locations for more complex functions, such as loan applications.

ATM 151

ATM Fraud Study Regional 151

PYMNTS

JULY 31, 2017

The Tracker is a bimonthly report showcasing the most significant developments reshaping the credit union market, with attention paid to the biggest partnerships and acquisitions in the industry, notable tech innovations and the shifting regulations that could drastically change how these institutions operate.

Report 114

Report Innovation Regulation National 114

PYMNTS

OCTOBER 17, 2019

Lemon Way’s technology, strong partnerships and differentiated expertise give the company a head start.”. Toscafund is a leading investor in financial services and has a great understanding of the benefits of operating within a regulated framework. In July , Toscafund helped fund Atom , a banking startup in the U.K.

Fintech 100

Fintech Capital Millennials US 100

PYMNTS

JANUARY 31, 2018

The price can be a heavy one to pay, as 31 percent of respondents reported having a negative view of their financial institution after abandoning a mobile banking activity. Lagging behind digital-only banks, traditional banks must look to streamline and offer a frictionless mobile experience to their user base.

Online 153

Online Security Course Mobile 153

FICO

SEPTEMBER 19, 2022

Regulation F has articulated prohibitions on harassment or abuse, false or misleading representations and unfair practices. Here are some highlights: The 7-in-7 rule: Regulation F stipulates that there may be no more than seven calls made by a debt collector to a consumer in a span of seven days.

Millennials 52

Millennials Compliance Regulation Operations 52

PYMNTS

OCTOBER 4, 2019

As Mark Rockefeller, co-founder and chief executive officer of small business lending-as-a-service provider StreetShares , told PYMNTS in a recent interview, that pressure to digitize expands to credit unions and community banks in their SMB lending offerings, too, and do it profitably. Non-Banks Enter the Fold. In the U.S.,

Lending 152

Lending Community Bank US Community 152

PYMNTS

OCTOBER 22, 2020

Beyond the investment vehicles themselves, the secular and organic trends do indeed point toward growth, with an underpinning of technology that is moving companies into the digital age. In the great digital shift, as Purcell mused, is every app becoming a bank (and vice versa)?

Fintech 169

Fintech Capital Innovation Data 169

PYMNTS

MARCH 2, 2020

Perhaps most important, they are the most active pursuers of expanding the payment technology they offered. percent of core and IT-enabled FIs have invested in payment technology over the past three years, compared to 22.2 percent of IT-enabled banks. According to PYMNTS data, 62.8 According to our figures, about 24.3

Innovation 222

Innovation Data System Mobile 222

CB Insights

DECEMBER 10, 2020

Bank of America, for one, saw profits drop 16% year-over-year (YoY) in Q3’20 to $4.9B. The pandemic has also accelerated recent trends in banking, especially among the millennial demographic, which tends to favor digital banking and online brands over traditional banks.

America 101

America Lending Cards San Francisco 101

CB Insights

OCTOBER 10, 2018

See which startups are helping JPMorgan, Bank of America, and Citi build the digital banking platforms of the future. Why now for digital banking startups. Digital banking adoption among consumers and small businesses (SMBs) is at an inflection point. Africa and Asia are not yet well represented.

Retail 78

Retail Cards Millennials Mobile 78

PYMNTS

SEPTEMBER 6, 2016

That’s the backdrop for the nearly hour-long conversation that Karen Webster had about the role of payments security in digital business transformation with CA Technologies Director of Payments Security James Jenkins. Payments Security As A Digital Business Enabler. This leaves banks and payments schemes vulnerable.

Security 100

Security CA Payments Big Data 100

PYMNTS

MAY 30, 2016

We talk to nearly 700 SMBs every quarter to get their views on payments and technology adoption. What we learn is that familiarity does not always breed contempt — checks are still a well-trodden way to make a payment — but that new technologies are starting to make some headway. Digital Banking. Are SMBs Ready For EMV?

Trends 100

Trends Retail Fraud Mobile 100

CB Insights

JULY 11, 2019

Technological innovation across the financial services space is growing. get the building the bank of the future report. Download the free report to find out about the rise of digital banking, challenger bank strategies and how incumbents are fighting back. As a result, consumer adoption is at an all-time high.

Fintech 64

Fintech cryptocurrency Examples Cards 64

PYMNTS

OCTOBER 29, 2018

This happened despite sophisticated technology capabilities that successfully flagged many other types of inappropriate postings, like pornography, and kept them off the platform for years. Only 38 percent of hate speech content was identified by their technology in Q1 2018, they reported, resulting in the removal of 2.5

Payments 196

Payments Google Apple Innovation 196

Tech and Finance

JULY 13, 2016

Power noted that for the first time ever the largest six banks had taken the lead in customer satisfaction, largely through better customer-facing technology. Powers report shows the big banks have made significant improvements in all digital categories. The big banks’ advantage in technology is not new.

Regional 28

Regional Mobile Millennials Study 28

Gonzobanker

DECEMBER 20, 2019

There is an understanding that technology and fintech are going to cause radical change, but the how, how big and when are still very unclear. A finance pro who was not afraid of technology, Trylko brought respect and class to every endeavor he undertook. And this year’s Smarter Bank is … drum roll … USAA.

Idaho 148

Idaho Conference Data Marketing 148

PYMNTS

JANUARY 19, 2021

The challenges that lie ahead can be captured in recent PYMNTS research, which shows that consumers are more willing to share their location data with food ordering apps than with their own mobile banking apps. As Boyer noted of those IP-centric defenses, “it’s mostly what banks have now. The Disconnect.

Data 227

Data Fraud Los Angeles Compliance 227

PYMNTS

JULY 9, 2018

Open banking, set in motion globally by a regulatory fiat called PSD2 , gives licensed third parties access to banking infrastructure so that they can make their services available to existing bank customers. It was published a year later in the MIT Technology Review. There’s Beauty in Those Bundles.

Strategy 105

Strategy Millennials Online Branding 105

CB Insights

JUNE 17, 2020

From healthcare to education to entertainment to manufacturing, technology innovators are stepping forward to help answer that question. As more people have worked, learned, banked, exercised, relaxed, and even sought medical care from home during Covid-19, they have gotten a crash course in just how much can be accomplished at home.

Industry 101

Industry Technology Online Video 101

Gonzobanker

DECEMBER 22, 2015

Wells (WFC), Chase (JPM) and Bank of America (BAC) over the past five years. It’s nice to see somebody passionate about using new payments technology to make banking easier and cheaper for the financially disadvantaged. Jill Castilla, CEO of Citizens Bank of Edmond, Okla. Goes to “Virtual” or “Direct” banks.

Community Bank 60

Community Bank Apple Community Technology 60

PYMNTS

NOVEMBER 18, 2019

If usage stats are a measure of satisfaction, it would certainly appear that consumers like being part of the Google ecosystem, despite what the media, lawmakers and regulators might want us to believe. Google’s Android operating system in the U.S. The results of several PYMNTS studies over the last year seem to support this idea.

Google 177

Google Study Payments Branding 177

Fintech Labs Insights

JULY 16, 2015

Don’t miss your chance to see all of these companies, and more, demo their technology live. D3 Small Business Banking brings omnichannel, data-driven, digital banking solutions for small business customers of financial institutions. See you there!

Company 12

Company Mobile Software Big Data 12

Fintech Labs Insights

JULY 22, 2015

Apex Clearing will explain its cutting-edge financial services platform and how online brokerage firms and FinTech groups can grow their businesses by leveraging our technology. Backbase will talk about its Digital Banking Platform and its Open Banking Marketplace.

San Francisco 12

San Francisco Video Fintech Data 12

Fintech Labs Insights

AUGUST 1, 2016

Econiq’s Conversation Hub uses color-coded conversations to help bank and insurer frontline staff, operational management and executives avoid disconnected customer conversations in branches and contact centers. It works to efficiently and digitally help consumers with the lack of viable business and technology solutions.

How To 12

How To Analytics Millennials Data 12

Fintech Labs Insights

AUGUST 16, 2016

Early this summer, we started reviewing applications from companies excited to present their latest fintech tools, technologies, APIs, platforms, case studies, and tutorials at FinDEVr Silicon Valley 2016. Today, we’re excited to announce the first wave of presenters that will take the stage at the Santa Clara Convention Center this October.

Analytics 12

Analytics Data Fintech Case Study 12

Gonzobanker

DECEMBER 19, 2016

In the post-Wells-scandal world where the shift from people and bricks to machines and digital is getting very real, bankers are scrambling to build new generations of their businesses. We can’t bank on this near-term stock rally staying around forever. THE TECHNOLOGY AWARDS. Technology of the Year – Machine Learning.

Utah 60

Utah System Community Marketing 60

Gonzobanker

DECEMBER 19, 2016

In the post-Wells-scandal world where the shift from people and bricks to machines and digital is getting very real, bankers are scrambling to build new generations of their businesses. We can’t bank on this near-term stock rally staying around forever. THE TECHNOLOGY AWARDS. Technology of the Year – Machine Learning.

Utah 60

Utah System Community Marketing 60

PYMNTS

MARCH 7, 2016

Technology and the Internet of Things mantra is exciting, exhilarating and in many ways, an innovator’s dream. Did prepaid really solve a problem for people – or did it instead try to solve a problem for the industry that was determined to move cash to digital? Or is it just a new source of friction?

Payments 100

Payments Innovation Software Mobile 100

PYMNTS

JULY 29, 2016

Millennials. If you’re a millennial, the FinTech world is literally beating a path to your front door. There are digital banks popping up just to woo them. Traditional banks are adapting services to attract more of them. Millennials are clearly a sizzle. Bank Regulation. The next step?

Apple 100

Apple Millennials Mobile Fintech 100

PYMNTS

OCTOBER 31, 2016

The bipartisan assault on the banks and the business models that underpin the delivery of banking and payments services were punctuated with the regulation of interchange under the Durbin Amendment to the Dodd-Frank Act. Banks will have to figure out how to deliver that choice by enabling it, no matter the cost.

Regulation 100

Regulation Innovation Data Industry 100