PYMNTS

APRIL 10, 2020

Intimidated by the scale and cost of a massive technological overhaul, large financial institutions (FIs) may approach their digital transformation (DX) journeys gradually, targeting various areas of operations to modernize one-by-one. “Banks are technology companies,” Rio Tinto recently told PYMNTS.

Technology 360

Technology Company Operations Payments 360

Bank Innovation

JULY 19, 2017

Pittsburgh-based PNC Financial Services Group is making a significant digital push this quarter, and highlighted a number of areas this is benefiting the bank’s consumer business. But the most significant revelation from the company’s earnings call yesterday may be that digital banking allows any bank to become national.

National 302

National Digital Banking Groups Company 302

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. The platforms have added new digital solutions for financial budgeting and tracking as well.

Mobile 122

Mobile User Experience Digital Banking Fintech 122

PYMNTS

APRIL 19, 2017

From phone support and mobile apps to ATMs and chatbots — when it comes to customer service, banking automation has come a long way. However, the one missing piece that these automated banking features lack is a real human being to interact with during a transaction. An Oscar-Worthy Banking Solution?

Digital Banking 180

Digital Banking Technology Samsung Meeting 180

PYMNTS

SEPTEMBER 10, 2018

Roughly 19 million college and university students are loading up their cars and heading back to campus for another school year, according to data from the National Center for Education Statistics. Digital banking platform BankMobile , a subsidiary of Customers Bank , has announced a new partnership with 36 U.S.

Mobile 100

Mobile Arkansas ATM Tools 100

PYMNTS

MAY 27, 2020

CU branches across the United States have temporarily closed to help slow the spread of contagion, forcing CUs to find new ways to engage with their members via connected technologies, from mobile devices to laptops and especially ATMs. Developments From Around The CU Ecosystem.

ATM 243

ATM Innovation Meeting United States 243

PYMNTS

MAY 9, 2017

Mobile payments using biometrics to authenticate the user is forecasted to reach close to $2 billion in 2017, up from $600 million last year, according to new data from Juniper Research. HYPR, for example, debuted what it is calling a biometric shopping platform at the National Retail Federation’s BIG Show in New York City in January.

Mobile 137

Mobile Payments New York City Samsung 137

PYMNTS

MAY 14, 2020

To bolster global payments for businesses throughout the world, EMQ launched its new enterprise payment technology with same-day settlement functions in local currencies throughout eight countries.

System 255

System Payments America Security 255

PYMNTS

DECEMBER 10, 2020

PYMNTS research found that fi­nancial institutions (FIs) in the United States alone saw a 60 percent increase in the amount of consumers who downloaded mobile banking apps in April and May, for example. Developments From Around The World of Digital-First Banking. PYMNTS research found that 21.6

ATM 233

ATM Tools Study Mobile 233

American Banker

JULY 2, 2020

The company said its plan to shutter 12 locations reflects "increased client usage of online and mobile banking and a commitment to improve digital banking technology.".

Colorado 60

Colorado National Digital Banking Mobile 60

PYMNTS

APRIL 10, 2018

By the numbers, digital banking is — and is not — extremely popular with consumers of all stripes. According to the latest edition of the PYMNTS Digital Banking Tracker, when it comes to some tasks, consumers are clearly comfortable with leaving the physical world behind and making the digital conversion.

Mobile 101

Mobile Digital Banking Millennials Online 101

PYMNTS

SEPTEMBER 21, 2020

Purdue Federal aimed to offer members, a large proportion of which are students, graduates, professors or staff of Purdue University, with “the most innovative digital banking tools,” according to the announcement. The CU aimed to make sure its members use payment services without having to depend on other payment mobile programs.

Payments 159

Payments Indiana Innovation Meeting 159

PYMNTS

JANUARY 29, 2019

The site, quoting Ayman Hussein, sub-governor of the bank for payment systems and information technology, said the central bank is eyeing the creation of digital banks. banks) – has joined a $30 million investment round that brings funding to Finxact.

Fintech 145

Fintech Cards System Groups 145

PYMNTS

OCTOBER 22, 2020

She said the global pandemic has simply advanced a movement that has been underway for years, which has sought to provide banking access and digital financial services to underserved communities, mostly through mobile devices. Crypto And AI/ML. Crypto And AI/ML. Building Trust.

Payments 206

Payments Community Mobile Comparison 206

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

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

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. Meanwhile, Emma Technologies LTD has celebrated an AI milestone. contact-form-7].

Digital Banking 163

Digital Banking Fintech Software Operations 163

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 payment cards use the multilingual Niyo Bharat mobile app.

Fintech 130

Fintech ATM National Maine 130

PYMNTS

JUNE 26, 2020

Brazil Central Bank Cites Lack Of Competition In Shutting Down WhatsApp Payments. The central bank of Brazil has reportedly halted WhatsApp’s payment functionality in the nation, pointing to antitrust concerns. N26: Cloud Banking Core Key To Meeting Consumers’ Mobile Banking Needs. Mastercard Inc.

Apple 231

Apple Payments Meeting Conference 231

PYMNTS

SEPTEMBER 21, 2016

As active members of the military and military families, USAA Bank members are especially dependent on digital and mobile services. But these digital and mobile solutions are not popular just among those deployed overseas. Around The Digital Banking World.

Digital Banking 100

Digital Banking Mobile Apple Millennials 100

PYMNTS

NOVEMBER 29, 2018

As evidence that sandboxes are ever-increasingly a global phenomenon, Kuwait’s central bank put forth guidelines this week that are geared toward companies seeking to meld financial technology (FinTech) and financial services (FinServ). has partnered with Kenya’s Family Bank Limited, as announced Wednesday (Nov.

Fintech 167

Fintech Guidelines Mobile Training 167

Gonzobanker

JULY 8, 2022

A strategic mindset and an updated slate of skills will best position CIOs as successful technology leaders. While experience is a critical ingredient for the top technology role, it’s important to recognize that decades of experience translate to a leader who grew up in the “tactical” era of technology. and a shocking 1.3%

Resources 138

Resources Leadership Technology Management 138

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. Co-founder and CEO Nuno Sebastiao contrasted his company’s experience with those of others.

Report 247

Report Fraud Risk Management America 247

PYMNTS

OCTOBER 16, 2019

Money laundering has always troubled financial institutions, but today’s digital banking system creates additional complexities as fraudsters around the world take advantage of financial technologies. Between $800 billion and $2 trillion USD is laundered each year, according to the United Nations Office on Drugs and Crime.

Compliance 123

Compliance Fraud Study Digital Banking 123

PYMNTS

OCTOBER 11, 2019

Money laundering has always troubled financial institutions, but today’s digital banking system creates additional complexities as fraudsters around the world take advantage of financial technologies to launder approximately $2 trillion annually. AML Strategies and Innovation Quirks.

Strategy 123

Strategy Innovation Fraud Security 123

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

FEBRUARY 2, 2021

This week's look at the latest in open banking and bank-FinTech collaboration finds financial institutions (FIs) exploring both partnerships and acquisitions to strengthen their offerings for corporates, while third-party service providers have also boosted their data-sharing capabilities to empower those financial service provider tie-ups.

Fintech 142

Fintech Miami National Data 142

PYMNTS

JANUARY 12, 2020

Sujith Narayanan and Sumit Gwalani, both co-founders of Google Pay India — formerly called Google Tez — said the seed funding brings the neo-bank startup epiFi to a valuation of roughly $50 million. When we were building Google Tez, we realized that a consumer’s financial journey extends beyond digital payments.

Google 101

Google Capital Millennials Digital Banking 101

PYMNTS

MAY 1, 2019

SecureKey Technologies Inc., digital ID system is now available at five Canadian banks in a mobile app, according to a report by Bloomberg. The banks in the system include Royal Bank of Canada , Bank of Nova Scotia, Canadian Imperial Bank of Commerce, Desjardins Group and Toronto-Dominion Bank.

blockchain 173

blockchain System Security National 173

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. AdjustmentHub aims to standardize the dispute management process by integrating with PSCU’s existing technologies, including NICE Actimize ActOne Extend.

Industry 101

Industry Management United States Risk Management 101

PYMNTS

JUNE 9, 2020

Their marketing budgets are deeper and bigger, and they are national,” said Chambers of these and other digitally-focused firms. you could turn on a basketball game and see slickly produced ads for challenger banks, promising to deliver a range of financial services through the convenient small screen of a smartphone.

Digital Banking 133

Digital Banking Millennials Lending Marketing 133

PYMNTS

AUGUST 9, 2020

The release says the app will also come with features like real time notification and fully mobile use, which can be found from most challenger banks. Agora Services also debuted a new service to offer banking for children. There will also be receipt managing sub-accounts for tax purposes, and other such perks.

Tools 168

Tools Community Bank Community Taxes 168

PYMNTS

SEPTEMBER 23, 2019

Advanced technology is increasingly raising the stakes of how CUs should operate, with members coming to expect the instant payments and slick mobile interfaces that large banks and FinTechs have made standard. 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 12, 2019

Based in Singapore, Ezyhaul plans to expand its logistics and freight management technologies across South Asia and invest in technological innovation as it goes after a plug-and-play model of its platform. The company did not disclose who provided the funding, which follows the $5 million Series A investment closed last year.

Tools 160

Tools Capital Management Technology 160

PYMNTS

MARCH 14, 2017

New digital authentication tools are allowing India’s rural consumers to open bank accounts in the blink of an eye. As India moves to a cashless society, new digital banking tools — such as iris scanning technology — are being adopted by the nation’s banks to help verify customers’ identities.

Digital Banking 127

Digital Banking Tools ATM Technology 127

PYMNTS

MAY 22, 2020

Citibank said last week that the use of its digital banking channels soared in the first quarter (and beyond), tied to a global phenomenon where untold numbers of individuals are working from home, and where lockdowns have rendered traditional financial services processes inoperable. They say, ‘This is new.

Operations 233

Operations Data Digital Banking Management 233

Gonzobanker

DECEMBER 22, 2020

During a busy year we saw Jill supporting her local community, blogging with Mark Cuban, spinning up new PPP technology and innovating with things like curbside banking. Jill is continually demonstrating just how loud a $300 million community bank can roar! John Beale , longtime CIO of City National Bank.

Idaho 170

Idaho Community Industry Strategy 170