PYMNTS

SEPTEMBER 17, 2019

ATO and other fraud methods that rely on using stolen credit card numbers or other personal information are becoming decidedly popular with bad actors, who are employing increasingly sophisticated technologies to execute their scams. Arou nd the Digital Banking World. digital bank Monzo. market debut. There were 4.1

Fraud 196

Fraud Digital Banking Delaware Tools 196

PYMNTS

NOVEMBER 4, 2020

In today’s top news in digital-first banking, Alfa-Bank has become a part of Contour's international trade finance network, while J.P. Plus, Visa is collaborating with UAE-based NOW Money to bring digital banking services to low-income customers. . Alfa-Bank Signs Onto Contour International Trade Finance Network.

Alabama 162

Alabama United States Florida Digital Banking 162

PYMNTS

JUNE 15, 2020

Undoubtedly, many of the digital tools emerging take a global approach to servicing SMBs, connecting them with mobile, cloud-native solutions that support entrepreneurs to continue operating wherever they are, and obtain insights no matter where their partners — or their money — are, too. Recovery Through Technology. ”

Regional 245

Regional Operations Fintech Tools 245

PYMNTS

OCTOBER 12, 2020

Saudi Payments, the state-owned payment apparatus, recently partnered with stc pay to boost its mobile wallet and expand financial inclusion to more people not currently banked in the country.

Regional 249

Regional Retail Payments Mobile 249

Gonzobanker

AUGUST 17, 2022

Banks Bought More Fintechs (Until Sum mer Break Started!). Digital Engagement Had Great Attendance and Extracurriculars. Digital banking provider Alkami acquired data analysis and marketing campaign management provider Segmint Digital banking and payments provider Bottomline was acquired by Thoma Bravo for $2.6B.

Fintech 195

Fintech Lending Software Compliance 195

NCR

APRIL 16, 2018

Like many regions across the globe, the Gulf is currently going through a period of change in the banking industry, which is presenting challenges for local institutions but also creating opportunity. Digital demands. The post Why getting digital banking right could prove vital in the Gulf appeared first on Banking.com.

Digital Banking 49

Digital Banking Regional Customer Experience Industry 49

PYMNTS

OCTOBER 10, 2019

Consumers have noticed the rising levels of fraud in digital banking, and they are not pleased. percent of customers agreed that mobile transactions would be more secure if the consumers themselves had more control over their authentication options. Around the Digital Banking World. Banks in the U.S.

Fraud 126

Fraud Digital Banking Strategy Security 126

PYMNTS

DECEMBER 7, 2020

You’d be forgiven for thinking that, in banking, the deal is dead. NCR Digital Banking Senior Vice President and General Manager Doug Brown told Karen Webster there will be an acceleration of deal making on the other side of the pandemic, particularly as financial institutions (FIs) recalibrate and expand their digital efforts.

Google 282

Google Examples Regional Lending 282

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

PYMNTS

JANUARY 29, 2019

Efforts in the Middle East by banks and other financial institutions to embrace FinTech are on the rise. As reported from Daily News Egypt , a consortium of banks in the region expects a number of FIs, including those in Egypt, to embrace FinTech. banks) – has joined a $30 million investment round that brings funding to Finxact.

Fintech 145

Fintech Cards System Groups 145

Tech and Finance

JULY 13, 2016

Regional and mid-tier banks face an uphill battle on the digital front, but have advantages they can capitalize on with some focus and determination. Alarm bells are sounding in boardrooms of regional and mid-tier banks across the U.S. Mobile Banking Functionality Benchmark. Power found.

Regional 28

Regional Mobile Millennials Study 28

PYMNTS

NOVEMBER 19, 2020

This represents 59 percent growth over the past 10 years, much of it buoyed by a surge in sign-ups across the Oceania region. It found that more than two-thirds of consumers would tap mobile-based authentication measures such as fingerprint, face or voice recognition technologies to safeguard their accounts.

Alabama 228

Alabama Meeting Fraud Trends 228

PYMNTS

APRIL 2, 2019

MOXY bank , preparing to be one of the first new community banks to launch in the U.S. in decades, has announced that it is working with technology solutions company NYMBUS to integrate its core digital banking and payment services. Mauldin said in a statement.

Community Bank 117

Community Bank Community FDIC Washington 117

PYMNTS

SEPTEMBER 29, 2017

For consumers looking for mobile banking options, there’s no shortage of solutions available in digital download stores alone. based, startup, digital and mobile financial firm Starling Bank, the answer has often involved trying to stay ahead in the crowded digital banking race.

Digital Banking 115

Digital Banking Mobile Apple Fintech 115

PYMNTS

OCTOBER 22, 2019

The bank will leverage ODX’s loan origination platform to accelerate small business loan application and financing processes, enabling SMB clients to apply for a loan from the bank online or via their mobile device, and receive a decision within a few minutes.

Lending 101

Lending New Jersey Online Customer Experience 101

PYMNTS

MAY 20, 2020

The digital packages will be available across the sub-Saharan Africa region this month. Josephine Anan-Ankomah, Ecobank’s executive for commercial banking, praised the partnership with Google and said the changes were “specifically tailored” to the bank’s customers. “It The program resulted in 1 billion NGN ($2.75

Google 141

Google Groups Regional Payments 141

NCR

SEPTEMBER 1, 2016

Banks and card providers have been devoting a lot of attention recently to Asian markets, and it’s not hard to see why. billion potential customers in China alone, and a similar number in India, the opportunities for banks are immense. India set for a digital boom. Mobile bridging the gap. With more than 1.3

Regional 75

Regional Payments National Boston 75

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.

Digital Banking 60

Digital Banking Industry Capital Strategy 60

PYMNTS

AUGUST 16, 2018

The average FinTech deal size in the region is doubling, but B-Hive noted a decrease in the number of deals. At the same time, he noted that internet and mobile financial service adoption “is picking up fast.”. It is a very good test market,” Drappa said. Oracle chose the city due its central location and presence of EU institutions.

Fintech 218

Fintech Marketing Innovation Analytics 218

PYMNTS

SEPTEMBER 30, 2019

No matter how advanced we get, no matter how innovative technological advances we add on — there is always a little bit of history repeating in there. Visa said it is expanding its partnership with London-based FinTech Revolut to include five new regions reaching 24 markets — bringing Revolut’s total global footprint to 56 markets.

Marketing 211

Marketing Fintech Cards Branding 211

PYMNTS

MAY 30, 2018

Cash remains king in the region, with about two-thirds of consumers in Latin America preferring that payment method over credit, according to estimates. That’s a high hurdle for any company hoping to win profit via digital channels in Latin America. Positive signs are coming from homegrown players in the Latin American economy.

America 109

America Regional Mobile Pennsylvania 109

PYMNTS

AUGUST 6, 2020

recovery shifts into rockier territory amid an uptick in infections that has some regions shifting back toward shutdowns. Rick Roberts , analyst and portfolio manager at Vulcan Capital , joined Karen Webster to discuss Disney ’s big digital win, the latest stimulus debate and the week’s other major developments. “I

Payments 151

Payments Digital Banking Google Technology 151

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

JUNE 9, 2020

According to Chambers, part of the would-be interest from CU members may stem from the fact that challenger banks have been blanketing the airwaves — digital and otherwise — with advertising on a large scale. Their marketing budgets are deeper and bigger, and they are national,” said Chambers of these and other digitally-focused firms.

Digital Banking 133

Digital Banking Millennials Lending Marketing 133

PYMNTS

AUGUST 13, 2018

David Chubak, head of global retail banking and mortgage, will be in charge of the global-branded cards and the consumer lending business, reported CNBC. Anand Selvakesari, who is the current head of the consumer banking in Asia-Pacific, will become head of U.S. The app doesn’t have a name yet. billion by 2020.

Cards 108

Cards Branding Regional Digital Banking 108

PYMNTS

JUNE 28, 2018

But the recent thefts, along with other attempted and completed cyberattacks, demonstrate why payments officials in the region are expressing fresh concern about financial security there. Evidence of that comes from Swift’s Latin America Regional Conference , held earlier this month in Miami. Fraud is a Top Worry.

America 102

America Security Miami Conference 102

PYMNTS

SEPTEMBER 15, 2020

Scotland-based Tesco Bank has announced that it’s the first financial institution (FI) in the United Kingdom to introduce technology that allows its 2.6 This new platform supports central banks as they make decisions now and in the future about the path forward for local and regional economies.”.

Cards 140

Cards Payments Regional Survey 140

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

PYMNTS

JULY 27, 2016

Power report on retail banking in the U.S., which revealed that, for the first time in the study’s six-year history, satisfaction with midsize banks dropped, while regional banks’ satisfaction levels plateaued. Big banks, though, saw an uptick in customer satisfaction, due to a one-two punch.

Regional 100

Regional Community Bank Community Study 100

Banking 2020

FEBRUARY 17, 2015

For everyone from lazy millennials in the suburbs to disadvantaged denizens in under-developed regions, this is a game-changer. Still, the emergence of mobile-first, or even mobile-only, banks is startling. And then, of course, there’s the technology. It almost seems inevitable. billion as of August, 2014.

Mobile 40

Mobile Online Millennials Course 40

PYMNTS

OCTOBER 13, 2019

Launched five years ago, Revolut has almost 8 million customers, offering digital financial services through a mobile application including digital debit accounts, currency exchange, budgeting and person-to-person (P2P) payments. banking licence. bringing Revolut’s total global footprint to 56 markets.

Taxes 163

Taxes Fintech Branding Regional 163

PYMNTS

FEBRUARY 20, 2020

Lea Kissner, Google’s former lead for global privacy technology, said per published reports, that she would’ve been surprised if the company had kept British accounts controlled under EU laws as the country left the union. Google opted not to have British accounts answer to a British subsidiary of its company umbrella.

Google 141

Google US Data Regional 141

PYMNTS

AUGUST 17, 2017

With more consumers moving to mobile transactions over visits to branches, some banks are considering closing brick-and-mortar locations to reduce operational costs. The price of real estate is prompting even the largest players in the banking world to scale back their branch operations. Can banks have it both ways?

Millennials 132

Millennials Digital Banking San Francisco Fintech 132

PYMNTS

SEPTEMBER 12, 2019

The bank said in a press release this week that it is collaborating with Kantox , a foreign exchange technology firm, in a deal that will allow BNP Paribas to offer its own corporate customers Kantox’s Dynamic Hedging tool.

Management 162

Management Tools Regional Policies 162

PYMNTS

SEPTEMBER 18, 2020

That’s especially true when looking at Chime’s model, which, though underpinned by some significant tailwinds wrought by the pandemic, rests on debit and prepaid cards, and on user interfaces … and, for would-be investors anticipating an IPO, an implied bet that challenger banks will dislodge incumbents. billion, as CNBC reported.

Los Angeles 231

Los Angeles UX Cards FDIC 231

PYMNTS

SEPTEMBER 4, 2018

WorldRemit has rolled out a new digital service within Africa for remittances to make it easier for people to send and receive money within the continent, the company said in an announcement. billion to the region. Overall, Paytm Canada provides rewards to customers who choose to pay bills using its mobile platform.

User Experience 100

User Experience Customer Experience Regional Digital Banking 100

PYMNTS

NOVEMBER 10, 2020

Such a move would see the United Kingdom exit the European Union and abandon the financial regulations that are in place in the region, and some FIs that have served both markets are now withdrawing to serve one or the other. Legacy banks often send remittances over correspondent banking networks, which can drive up costs.

Report 216

Report Fintech United States Meeting 216