PYMNTS

FEBRUARY 21, 2020

Upon releasing its latest earnings, LendingClub , known up until now for its personal loans delivered through its online platform, said it had struck a deal to buy Radius Bancorp. The $185 cash and stock deal would bring an online bank with $1.4 The cut comes after the retailer announced a $1.5

Digital Banking 224

Digital Banking Conference Samsung Fintech 224

PYMNTS

JUNE 14, 2019

Most consumers probably don’t have strong opinions about their banks, since the relationship tends to be more transactional than emotional. However, in the 2019 Retail Banking Report, a study by Reputation.com that analyzed online data relating to retail banking locations for 23 major U.S.

Retail 103

Retail Study Online Mobile 103

PYMNTS

JANUARY 3, 2020

In late June, the Monetary Authority of Singapore (MAS) sent a ripple through the global financial services ecosystem with the announcement of its intention to issue five digital bank licenses to eligible applicants. Only two of the licenses will full digital banking licenses, while the other three will be wholesale banking licenses.

Digital Banking 130

Digital Banking Groups Regional Mobile 130

ABA Community Banking

JULY 15, 2020

When COVID-19 accelerated customer movement into mobile and online banking solutions, and triggered consumers to push their funds into bank accounts, banks that had made investments in the digital customer experience were positioned to capitalize.

Digital Banking 122

Digital Banking Customer Experience Capital Mobile 122

Bank Innovation

DECEMBER 7, 2018

JPMorgan Chase released a new online ad for its digital bank Finn on Wednesday. Finn is a digital bank account offered by JPMorgan as part of a strategy to attract new customers without the expense of supporting branches […].

Online 150

Online Digital Banking Strategy social media 150

PYMNTS

APRIL 27, 2016

Goldman Sachs has officially entered the world of online retail banking. On Tuesday (April 26), various media outlets reported that the investment bank is expanding its customer base with the launch of its own FDIC-insured, Internet-based savings bank called GS Bank.

Retail 100

Retail Online FDIC Software 100

PYMNTS

MARCH 13, 2019

Digital banking customers are looking for an institution that can keep their data safe, with security mishaps creating the possibility that they can move to other apps. 90 percent: The portion of consumers whose top online activity is personal banking. In addition, Stitch Fix Inc. All this, Today In Data. Data: $370.3

Digital Banking 128

Digital Banking Security Data Branding 128

PYMNTS

JULY 11, 2018

Citizens Financial Group announced the launch of its nationwide, direct-to-consumer digital bank. Citizens Access safely and securely offers Member FDIC-insured online savings and CD accounts with attractive rates and no fees to customers across the United States.

Digital Banking 103

Digital Banking United States FDIC ATM 103

PYMNTS

JANUARY 24, 2019

And yet, the bank has said this week, too, that Russian assets under management grew by 24 percent in the past year, and as Reuters reported, retail client accounts and deposits were up 8 percent year on year – and Citi thinks that growth rate is sustainable. million at the end of December, from 46.7 million a year ago.

Online 108

Online Regional Mobile Retail 108

PYMNTS

FEBRUARY 2, 2021

In Pakistan, and elsewhere, the stars are aligning for greater use of digital banking and payments to improve financial inclusion. told PYMNTS CEO Karen Webster in an interview that the pandemic and the rise of mobile infrastructure have set the stage to bring people living in developing and emerging economies into the digital realm.

Mobile 235

Mobile Payments System User Experience 235

Insights on Business

APRIL 28, 2017

Traditionally, banking was a conservative industry with relatively high barriers to entry. Banking products and services were defined and controlled by the bank. At the same time, regulators in many countries also have relaxed regulations to encourage innovation in the banking industry.

Digital Banking 171

Digital Banking User Experience Branding social media 171

Gonzobanker

MARCH 26, 2020

Financial institutions that are not ready to fully serve customers digitally face an existential threat. In the aftermath of the housing bubble and during adoption of new Check 21 regulations following 9/11, banks and credit unions proved nimble under pressure to serve the needs of their customers. Help Customers Self-Educate.

Mobile 153

Mobile Digital Banking Strategy Examples 153

Bank Innovation

JANUARY 10, 2018

EXCLUSIVE—With mobile banking services offered at the majority of financial institutions, innovating the digital space is becoming more important in the fintech ecosystem, especially for smaller players like regional banks or credit unions.

Digital Banking 276

Digital Banking Technology Regional Mobile 276

Bank Innovation

JANUARY 26, 2018

launched its Marcus digital bank in late 2016, the conventional wisdom was the investment bank wanted to expand into retail banking. EXCLUSIVE— When Goldman Sachs & Co. But, apparently, that’s not the whole story. Marcus, it seems, is an asset pricing play, Goldman’s CEO implied yesterday.

Retail 262

Retail Video Digital Banking Bitcoin 262

PYMNTS

MAY 9, 2019

The banking regulator in Hong Kong has issued an additional four online-only banking licenses to Ping An, Alibaba, mobile phone maker Xiaomi and a joint venture (JV) consisting of Tencent, ICBC and Hillhouse Capital. Reuters is reporting that this totals eight total licenses handed out by the government.

Online 171

Online Capital Regulation Fintech 171

Banking Exchange

MARCH 18, 2020

Bill Harris to chair One alongside CEO Brian Hamilton; launch slated for summer 2020 after successful funding round The Economy Technology Retail Banking Feature3 Fintech Feature Financial Trends Mobile Online Tech Management Customers.

America 97

America Digital Banking Trends Retail 97

PYMNTS

JANUARY 12, 2020

It will integrate with the financial giant’s digital bank Marcus. When it launched in 2016, Marcus offered an online alternative that helped the company differentiate its revenue stream with saving accounts and personal loans for Goldman’s retail consumers. People expect a digital bank to have an app,” Greco said. “We

Mobile 131

Mobile Digital Banking Software Apple 131

Bank Innovation

SEPTEMBER 19, 2018

It’s been quite a busy year for Germany’s first digital-only challenger bank Fidor. The bank launched two more digital banks this year, and Fidor Chief Commercial Officer Ge Drossaert told Bank Innovation there is yet another bank in the works. We […].

Digital Banking 210

Digital Banking Innovation Operations Online 210

PYMNTS

SEPTEMBER 29, 2020

A new Mastercard initiative aims to improve online transaction clarity so that customers can know exactly who they purchased from, according to a press release Tuesday (Sept. This can lead to consumers contacting their banks, which could incur costs and waste time with unnecessary chargebacks.

Online 243

Online Guidelines Study Fraud 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. What’s more, 90 percent said they think they would use biometrics for online payments in the future because they see it as a more secure method.

Mobile 137

Mobile Payments New York City Samsung 137

PYMNTS

DECEMBER 30, 2019

In today’s top payments news, PayPal further integrates with Argentinian eCommerce company MercadoLibre, and Singtel and Grab partner to launch a digital bank in Singapore. Singtel, Grab Team Up To Launch Digital Bank In Singapore. Singtel and Grab are partnering to launch a digital full bank in Singapore.

Digital Banking 130

Digital Banking eBook Payments America 130

Perficient

OCTOBER 19, 2020

Digital Banking : Demand for digital banking has accelerated over the last 6+ months and should be a top priority for financial institutions. COVID-19 has changed both customer behavior and expectations, leaving them no choice but to use digital and contactless for their financial interactions.

Video 520

Video Security Tools Strategy 520

PYMNTS

FEBRUARY 18, 2020

The PSCU company Lumin Digital has signed Bartlett, Tennessee-based First South Financial credit union to a multi-year digital banking and cloud computing agreement, Lumin announced on Tuesday (Feb. We are pleased to partner with Lumin Digital to provide these necessary digital banking services to our members.”.

Tennessee 206

Tennessee Mississippi Digital Banking Payments 206

PYMNTS

OCTOBER 4, 2017

Orange, the French telecom company, is gearing up to launch an online banking service in an effort to diversify its revenue. According to news from Reuters, the company plans on launching the online banking service on Nov. They also see it as an opportunity to compete against traditional lenders, noted the report.

Online 100

Online Mobile Operations Retail 100

PYMNTS

NOVEMBER 16, 2016

American consumers have fallen for mobile banking apps, but up to now, most businesses were not seemingly showing apps the same love. With the number of mobile banking customers now outnumbering those who bank at branches for the first time, consumers have warmly embraced banking via mobile apps.

Mobile 100

Mobile Digital Banking Analysis Fintech 100

Bank Innovation

JULY 18, 2018

Digital banks may be sprouting up all over the banking world, but don’t look for one from U.S. On this morning’s earnings call, CEO Andy Cecere noted the bank was looking to expand beyond its current 25-state branch footprint, which covers the Midwest and the western U.S.

Digital Banking 186

Digital Banking National Operations US 186

BankInovation

AUGUST 19, 2020

The torrent of consumers shifting to digital banking channels has driven Truist Bank, US Bank and Wells Fargo to invest in their mobile and online banking capabilities, with new features, educational tools and improved functionality to augment the banks’ offerings.

US 96

US Mobile Tools Digital Banking 96

PYMNTS

APRIL 11, 2019

After the June 2007 announcement of Apple’s first-ever iPhone and the ensuing buzz around iOS apps, financial institutions (FIs) began developing offerings to ease digital banking. Twelve years later, however, mobile banking has become ubiquitous across much of the global financial ecosystem.

Mobile 123

Mobile ATM Innovation Strategy 123

Bank Innovation

OCTOBER 8, 2018

Not even a month has passed since Julie Demarigny, a veteran in digital entertainment industry having served Warner Bros. and Sony Music, has joined West Coast focused Union Bank as its head of digital banking.

Digital Banking 186

Digital Banking Innovation Digital Strategies Strategy 186

PYMNTS

JULY 18, 2019

Online bank N26 is now Germany’s highest-valued startup with a 3.5 The mobile bank now ranks among the most valuable European startups as well as being in the top ten most valuable FinTechs worldwide, N26 announced in a press release. billion valuation following a $170 million extension of Series D funding.

Online 109

Online Innovation US Mobile 109

PYMNTS

FEBRUARY 26, 2020

Digital banking and payments firm i2c is partnering with next-generation commerce firm Sightline Payments to deliver cashless, mobile and omnichannel programs to over 45 gaming resorts, state lotteries, digital gaming and sports betting sites across eight states, i2c announced on Wednesday, Feb. There are more than 2.5

Oregon 232

Oregon Pennsylvania Innovation Operations 232

PYMNTS

DECEMBER 11, 2018

Give a deep and welcoming hello to the newest form of window shopping — a consumer behavior that will help to shape retail in 2019 and beyond, and a trend that stands as an increasing part of shopping, one that promises to impact brick-and-mortar merchants as they decide how to innovate. That’s not to say physical retail is dying.

blockchain 170

blockchain Retail Trends Mobile 170

CB Insights

FEBRUARY 13, 2020

As businesses and consumers become more comfortable using credit cards online, the proportion of US commerce that takes place online has steadily increased over the last 20 years. Specifically, the Collisons aimed to more seamlessly connect online businesses and payment processors, allowing more businesses to accept online payments.

Online 98

Online Company Retail Payments 98

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

AUGUST 21, 2019

The app will stop working in the early part of next year, but users will still be able to use Chase Pay on websites and in the apps of participating retailers. The mobile payment revolution has spurred changes in the way people pay for products and services around the world. “A

Online 194

Online Apple Payments Digital Banking 194

PYMNTS

JANUARY 13, 2020

In today’s top payments news, Wells Fargo is trying to revamp its approach to technology to appease regulators, and Goldman Sachs finally launches a mobile app for its online-only bank, Marcus. Goldman Launches Mobile App For Marcus — Three Years Later. Goldman Sachs launched a mobile app for Marcus on Jan.

Mobile 131

Mobile Payments Regulation Resources 131

NCR

SEPTEMBER 27, 2017

The growth of mobile banking has been a defining trend for the financial services industry in recent years. With customers becoming increasingly accustomed to the convenience of mobile banking, banks should be asking how they can leverage this channel to deliver maximum benefits to users.

Mobile 90

Mobile Online Survey Customer Experience 90