CB Insights

JULY 25, 2019

Fintech is often associated with digital tools targeted at tech-savvy millennials. Financial education tools are being tailored to seniors. Money management tools are helping people stay independent. Estate planning gets a digital makeover. Financial collaboration tools target families & caregivers.

Millennials 73

Millennials Fintech Tools Fraud 73

PYMNTS

JUNE 27, 2019

Fraudsters are finding new ways to slip past technological defenses, which leaves banks constantly upgrading the tools used to keep them out. For better authentication, financial institutions (FIs) are experimenting with artificial intelligence (AI) and biometrics, attempting to create security measures that don’t frustrate consumers.

Customer Experience 109

Customer Experience Digital Banking Innovation Security 109

PYMNTS

APRIL 18, 2017

From selfie authentication to finance tools that respond to emojis to computer-generated avatars that look and act like real people, new technological tools are giving digital banking a makeover. The April PYMNTS Digital Banking Tracker™ looks at the various ways technology is changing the digital banking landscape.

Report 110

Report Digital Banking Tools Technology 110

PYMNTS

FEBRUARY 20, 2019

While they were once seen as novelties, challenger banking institutions are further encroaching into traditional banks’ territory, adding new responsibilities and products to their portfolios, such as lending. News From the Digital Banking Landscape. In the U.K., About the Tracker.

Digital Banking 155

Digital Banking Millennials America Lending 155

PYMNTS

SEPTEMBER 3, 2020

Cole said that the shift toward digital payments is also gaining a tailwind from demographic preferences — particularly among younger consumers. For members of the millennial or Generation Z cohorts who are comfortable in the app world, payment preferences boil down to choice and control. Security Is Top Of Mind .

Payments 262

Payments Security Millennials Retail 262

PYMNTS

MAY 4, 2017

Among the core reasons for this: The perception that the use of cash was more secure. Cash as a Budgeting Tool. As for demographics, Pierce stated that tech use does indeed skew younger, but that millennials do use a hybrid of cash and digital payments. do not accept cash.

ATM 192

ATM Millennials United States Study 192

PYMNTS

DECEMBER 3, 2019

Amazon Launches Voice Transcription Tool For Doctors. Amazon Web Services (AWS) is rolling out a voice transcription tool for doctors at its re:Invent conference. UK Digital Bank Monzo Taps Visa Exec As US CEO. Monzo, London’s digital unicorn, has appointed TS Anil to lead U.S. operations.

Fintech 132

Fintech Colorado Payments Operations 132

PYMNTS

SEPTEMBER 21, 2018

The popularization and widespread adoption of digital and mobile banking tools have presented banks with plenty of new opportunities, but they’ve presented new risks as well. Cybercriminals are finding new fraud opportunities as consumers turn to connected channels to manage their bank accounts. All told, 16.7

Fraud 100

Fraud Security Cards Mobile 100

PYMNTS

FEBRUARY 26, 2019

Though banks want to bring customers into the digital fold (it saves time and money, and, after all, 58 percent of consumers prefer digital banking to other methods), there will always be a need to serve them across physical locations, too. The goal for financial services, then, is a unified service model.

Mobile 181

Mobile Examples Millennials Digital Banking 181

PYMNTS

MAY 29, 2020

How are CUs utilizing videoconferencing capabilities on interactive teller machines (ITMs) to maintain their branch operations during the pandemic, and how is biometric technology helping them offer more secure, quicker and touchless ATM services? How To Keep Fraudsters From Scamming Banks Across Every Nook And Channel .

Maine 130

Maine ATM Innovation Millennials 130

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

Insights on Business

FEBRUARY 27, 2019

Think of the changes in the past ten years in terms of how we deal with our banking needs. We moved from telephone banking to online or internet banking. The iPhone became more popular and apps got better and more secure. How should banks prepare for the digital future?

Customer Experience 107

Customer Experience Mobile Millennials Examples 107

PYMNTS

JULY 31, 2017

And, in California, First Financial Credit Union announced it will use digital security solutions provider IMM’s eSignature and eTransaction solutions to move toward paperless document transactions, a move that could offer the credit union cost-savings by freeing staff from dealing with paperwork.

Report 114

Report Innovation Regulation National 114

FICO

AUGUST 19, 2022

According to a 2022 report by Cornerstone Advisors , the percentage of Gen Z, Millennial, and Gen X consumers in the U.S. who consider a digital bank (like Chime, Cash App, or PayPal) to be their primary checking account provider has more than doubled since 2020. Blend savings and investing together. (In

Fintech 52

Fintech Millennials Lending Tools 52

PYMNTS

JULY 15, 2016

These products are, in fact, the underpinning for pure play digital banking services offered by innovators like Chime or Green Dot. I think the regulatory opinion is that ‘if they knew what they were doing they’d go get a bank account,’ and for some people that’s not an option. Who Uses Prepaid Anyway?

Cards 100

Cards Millennials Regulation Cyber Security 100

Fintech Labs Insights

JANUARY 15, 2016

Available only via mobile app, imaginBank is a new initiative by Spanish bank, Caixabank targeting millennials. CaixaBank CEO Gonzalo Gortázar said the new mobile-only bank was part of a “commitment to providing new services that perfectly complement the more traditional banking model.” CaixaBank serves 2.9

Millennials 12

Millennials Mobile social media ATM 12

PYMNTS

MAY 30, 2016

Consumers are moving to the Web to do their shopping, and the tool of choice that they are using is their mobile phone (or tablet). Digital Banking. The 411 On The Digital Banking Evolution. Digital Identity. Secure Convenience: The New Password Death March? Get all of the details here.

Trends 100

Trends Retail Fraud Mobile 100

PYMNTS

DECEMBER 15, 2017

is a rally cry that would perk the ears of many millennials, but how about “ Mastercard , assemble?”. Assemble for millennials is a toolkit that issuers, corporations and IBCUs can use to enable digital financial solutions, in this case targeting millennials, using a single-access digital prepaid product.

Millennials 134

Millennials Management Cards Security 134

CB Insights

OCTOBER 10, 2018

What these startups share is the goal of creating customer-centric banking products that target underserved individuals and businesses. DOWNLOAD THE 61-PAGE consumer banking REPORT. See which startups are helping JPMorgan, Bank of America, and Citi build the digital banking platforms of the future. Millennials.

Retail 78

Retail Cards Millennials Mobile 78

CB Insights

JUNE 3, 2020

Ultimately, Covid-19 will be an accelerator for digital banking and lending, as well as a filtering mechanism for transactional businesses that lack a durable revenue model. . in April and then acquiring Hong Kong-based brokerage 8 Securities. Wealth & Capital Markets.

Lending 75

Lending Capital Online Marketing 75

PYMNTS

JANUARY 19, 2021

PYMNTS has found that 55 percent of millennials say they would switch to an FI that uses geodata to enhance the security of users’ accounts. That number is even higher for those individuals who earn higher wages – and taken together, higher earners and younger demographics are the sweet spot of banks’ customer bases.

Data 227

Data Fraud Los Angeles Compliance 227

PYMNTS

JANUARY 2, 2017

The spring brought coverage of mobile advertising and payments on the go at food trucks as small, smart device-powered businesses, and in the fall, we looked at the biggest trends in digital security at the annual Money20/20 Conference in Las Vegas. DIGITAL BANKING TRACKER.

Retail 123

Retail Millennials blockchain Mobile 123

Fintech Labs Insights

JANUARY 18, 2016

App Annie garnered $63 million for its mobile analytics and development tools. million to its digital banking platform. Startup digital bank. Blockchain technology for securities. Millennial saving & investing app. Charity Bank. Digital bank serving non-profits. million Seed.

Company 12

Company New York City Fintech San Francisco 12

PYMNTS

MAY 21, 2016

The bank opted to pilot the technology in its student app, he said, because millennials are known early adopters. Security, the voice of reason. Regardless, as with any bank technology, security “is critical for us and our customers,” he said. The voice technology, he said, sits behind the bank’s existing security.

Technology 115

Technology Trends Maine Digital Banking 115

Gonzobanker

DECEMBER 22, 2015

Goes to “Virtual” or “Direct” banks. Let’s see if better technology and delivery tools get the idea farther down the road this time. Community bank marketing resources. FFIEC’s Cyber Security Self-Assessment Tool. Popular Community Bank in Miami. They’re baaaack. C’mon Man!’ Demo Quote. The result?

Community Bank 60

Community Bank Apple Community Technology 60

PYMNTS

JULY 9, 2018

Consumers, today, have the right tools, quite literally, at their fingertips to help them find those options: their smartphones. The anecdote to the millennial’s so-called hatred of traditional banks hasn’t really taken off as investors envisioned. They just won’t call it bundling. Instead, they will call it success.

Strategy 105

Strategy Millennials Online Branding 105

FICO

JANUARY 19, 2018

That can be a tall order, and data from Accenture confirms as much: 70% of consumers feel that their relationship with banks today is “transactional” in nature, rather than “relationship-based.”. If that percentage seems high to you, perhaps it’s because you thought “only millennials” have those kinds of needs.

Analytics 45

Analytics Millennials Retail Data 45

William Mills

SEPTEMBER 7, 2016

B2B marketplace – Professional procurement tool that is open to everyone. Provides you a tool where you can engage, acquire and grow customers. I’ve heard that financial planners are having a hard time getting Millennials thinking about retirement but instead focus on short-term financial goals – homes, vacations, etc.

Mobile 40

Mobile Cards Fraud Data 40

PYMNTS

NOVEMBER 18, 2019

According to that same study, among bridge millennials , the consumer group between the ages of 30 and 40 who represent the first generation of connected consumers with buying power, Google rises to No. Google’s Everyday App Opportunity. Google comes to this everyday app ecosystem party with a mixed bag of potential.

Google 177

Google Study Payments Branding 177

Fintech Labs Insights

AUGUST 1, 2016

Daon bridges convenience and security by offering financial services companies a mobile biometric authentication platform that turns a smartphone into a mobile capture device. Envestnet | Yodlee offers millennials a solution for measuring financial health and promoting a healthy financial lifestyle.

How To 12

How To Analytics Millennials Data 12

Fintech Labs Insights

JULY 22, 2015

Why it’s a must-see: It has nearly 120 APIs that will power the next generation of digital wealth management applications. Developers can tap into its APIs to build a new Robo-Advisor, develop investment proposal tools for financial advisors, create financial planning and portfolio construction applications, and more.

San Francisco 12

San Francisco Video Fintech 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. Castle uses behavioral analysis in its security API to help online businesses avoid account takeover.

Analytics 12

Analytics Data Fintech Case Study 12

Fintech Labs Insights

JULY 16, 2015

Crowdability is a screening tool to help individual investors rapidly filter thousands of private start-up deals using a proprietary algorithm developed in conjunction with top angels and venture capitalists. Fern Software’s FaaS system incorporates free-standing apps to offer tools from vendors with no core system.

Company 12

Company Mobile Software Big Data 12

CB Insights

JUNE 17, 2020

Finance: Demand for contactless options accelerates digital adoption. Branchless banking. Security: Higher internet usage and data generation lead to increased investment. The introduction of remote work policies as part of sheltering in place has dramatically accelerated the adoption of these tools. Cloud call centers.

Industry 101

Industry Technology Online Video 101

Fintech Labs Insights

SEPTEMBER 1, 2015

Avoka’s digital business platform for frictionless sales and service solves the “buy” problem for financial institutions, government, and education. BehavioSec enhances security without impacting the user experience. It is currently deployed at 20+ retail banks with over 500m transactions a year.

Company 12

Company Software Analytics Mobile 12