PYMNTS

JANUARY 19, 2021

With more financial institutions (FIs) turning to external third-party FinTechs to strengthen their small- to medium-sized business (SMB) and corporate offerings, the collaboration model is proliferating across national borders. National Australia Bank Chooses Eedenbull. As part of the bank’s modernization initiatives, Komer?

Fintech 341

Fintech National Groups Tools 341

PYMNTS

FEBRUARY 14, 2020

We have deep dives into unattended retail, rapid settlements and cybersecurity, as well as news on Mastercard receiving the go-ahead from China’s central bank to set up a bank clearing business. China’s central bank gave Mastercard the green light on Feb. Mastercard Gets Nod To Join China’s $27T Payments Market.

Retail 141

Retail Cards Millennials Fraud 141

NCR

JULY 31, 2017

As we explored in the first part of this two-part guide, digital banking fraud is an escalating threat to financial institutions and their customers. Digital banking fraud can take many forms, such as identity fraud and account takeover , which are becoming increasingly common. million in 2016.

Fraud 74

Fraud Digital Banking social media Security 74

Gonzobanker

MARCH 28, 2024

In fact, according to Cornerstone’s What’s Going On In Banking 2024 report, 14% of banks and 20% of credit unions stated that they are less than 25% complete with their digital transformation. Banks and credit unions are maturing their internal digital support capabilities. Choosing a new partner is no small feat.

Digital Banking 133

Digital Banking Customer Experience Strategy Exercises 133

PYMNTS

SEPTEMBER 22, 2020

Banks from the United States to Europe are closing bank branches as consumers embrace digital banking amid the pandemic. The financial institution said per the report that it would shutter approximately 100 locations throughout the nation, which would shrink its domestic offices to roughly 400.

Pennsylvania 210

Pennsylvania Nashville Indiana Tennessee 210

Bank Innovation

MAY 30, 2018

Citigroup has a digital-heavy, branch-light business approach that extends beyond its National Digital Bank platform (announced in March and currently in testing phase), according to Stephen Bird, CEO of Citi’s Global Consumer Banking.

Strategy 249

Strategy National Digital Banking America 249

PYMNTS

JULY 18, 2018

mobile operator Anywhere Sim to allow customers to buy airtime credit through a network of 29,000 retailers, PayPoint said in an announcement. With the integration, consumers can buy top-ups at retailers across the U.K., along with existing phone and online top-up options. . And RAKBANK in the U.A.E. And RAKBANK in the U.A.E.

National 100

National Retail Cards Digital Banking 100

PYMNTS

AUGUST 21, 2019

And it should be noted that Chase Pay will not fully go dark – it will still be available to use on websites and apps tied to participating retailers. A lot of merchants have shifted to ‘buy online, pick up in-store’ and have invested in their online presence and their apps.”.

Online 116

Online Samsung Strategy Apple 116

PYMNTS

MAY 9, 2017

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. 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

JANUARY 13, 2021

12) press release , has meant a needed to elevate the level of a digital game already in progress. As the 2021 season kicks off, Girl Scouts are including contact-free pickup and delivery orders through a new national collaboration with Grubhub and opening up cookie ordering nationally to the public on Feb. Billion.

National 166

National New York Leadership Analysis 166

PYMNTS

OCTOBER 21, 2020

In an interview with Karen Webster, the European Banking Federation’s ( EBF ) Alexandra Maniati , Director of Cybersecurity & Innovation, said the European banking industry is, increasingly, embracing the cloud to pivot to new financial services and products across the Continent.

Data 317

Data Regulation National Examples 317

PYMNTS

NOVEMBER 11, 2020

The new license from Ireland’s financial services watchdog will let it provide its services throughout 26 European nations. SumUp has been active in Ireland as of 2012 and has introduced digital payments to thousands of companies. More than 3 million retailers harness its technology.

Philadelphia 165

Philadelphia Fintech National Payments 165

PYMNTS

JANUARY 4, 2019

Among the biggest banks in the country, amid the push toward instant payments, are OTP Bank, Belgian KBC Groep and Austrian Erste Group Bank. GIRO said the new system will allow bank transfers to be done across mobile phone numbers, which should provide alternatives to 24-digit bank account numbers.

Payments 169

Payments blockchain System National 169

PYMNTS

JULY 24, 2019

High-yield checking and savings are now being offered by online wealth advisor Betterment as a way to attract new customers. . It’s really hard for banks to follow us here,” Betterment founder and CEO Jon Stein told CNBC. “If The average national yield of savings accounts is 0.10%, whereas Betterment’s annual yield is 2.69%.

Fintech 162

Fintech FDIC National Online 162

PYMNTS

JULY 23, 2020

Growing interest in open banking typically coincides with the expanding use of online financial platforms and tools. The creation of open banking initiatives in the E.U. followed a steady increase in the usage of digital banking products both inside and outside Europe.

America 165

America Regulation Regional Tools 165

PYMNTS

FEBRUARY 28, 2017

It’s already been a big year for biometrics, and with everyone from big banks to major retailers investing in the technology, that trend is unlikely to subside any time soon. . 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.

New York City 100

New York City Fraud Security New York 100

Chris Skinner

FEBRUARY 22, 2017

That’s why governments use banks as their online police. But what happens when consumers stop banks and governments tracking them through the system in this way? The person was alluding to a collusion between large financial firms and government snooping. Well, of course that’s true.

America 262

America Data Analysis Course 262

PYMNTS

APRIL 17, 2020

Main Street USA: 58 Percent Of Main Street SMB Retailers Say They May Not Survive The Pandemic. NEW DATA: Five Ways Social Distancing Is Transforming Retail . percent more likely to make their purchases online in 2020 than they were in 2019. Tailwinds Gather For Digital Dollars, Digital Bank Accounts (At The Fed).

Maine 141

Maine Tools Payments Retail 141

Gonzobanker

JULY 8, 2022

The operational world of cash, checks, deposit slips, passbooks, and teller terminals used to dominate bank tech budgets. Those were the days of green screen cores and server-based ancillary applications, and digital banking was a Star Trek thing of the future. A national unemployment rate of 3.6% and a shocking 1.3%

Resources 138

Resources Leadership Technology Management 138

Gonzobanker

DECEMBER 22, 2020

John Beale , longtime CIO of City National Bank. For more than 20 years, John has helped City National grow its niched commercial and private banking businesses with strategic technologies. The most surreal statement we heard from bank CFOs at the end of 2020 “We may have too much in our allowance for loan losses.”

Idaho 170

Idaho Community Industry Strategy 170

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

Gonzobanker

OCTOBER 12, 2022

Less than 10 years old, the Brazil-based digital bank counts 70 million clients across its three operating countries ( source ). So how can our troublemaker institutions marry that truth with this: anything analog/manual will get digitized. Don’t Look Back in Anger. Slip inside the eye of your mind.

Fintech 97

Fintech United States Chicago Mobile 97

South State Correspondent

OCTOBER 28, 2022

Banks are just starting to realize this. Instead of shopping online and scrolling through a catalog of products, consumers would like to see something on Reels or Tik Tok and buy there. Big Idea – Blurred Lines Between Online and Offline. Big Idea – Building a New Digital Retail Brand is Fool’s Gold.

Conference 195

Conference Technology Las Vegas Trends 195

BankBazaar

MAY 13, 2020

Nations across the world have since time immemorial competed with each other in matters of military spend and war preparedness. The COVID-19 crisis has also led to a sharp increase in the adoption of digital banking due to restrictions on the availability of physical channels. Digital Banking. Responsible Banking.

Policies 148

Policies Branding Online Cards 148

Fintech Labs Insights

APRIL 12, 2024

Long before fintech was a thing (1995), I launched the first, and by most measures the biggest, newsletter during the first two decades of online/digital banking. It was called Online Banking Report and was read by a sizable portion of major industry players. Note: These are the rankings from 10 years ago.

Innovation 15

Innovation Fintech Online Mobile 15

PYMNTS

MAY 28, 2020

As the nation tiptoes toward phased reopenings and embraces a return to at least some life lived in physical spaces as the curve flattens, we’re unlikely to return to banking as it once was. In this way, digital transactions will continue to increase. Business Banking, Too.

ATM 174

ATM Examples Digital Strategies Operations 174

CB Insights

JUNE 3, 2020

Most notably, Covid-19 is contributing to an explosion in e-commerce at the expense of physical retail. This shift is driving transaction volume to the payments companies behind online retailers and taking market share away from those serving physical retailers. Banking and Lending.

Lending 75

Lending Capital Online Marketing 75

NCR

JULY 19, 2016

The renaissance in retail banking is here, and not a moment too soon. banks have closed their doors, and the rest of the world isn’t too far behind. In the last year alone, more than 600 bank branches have closed across Britain. Since the economic crisis in 2008, nearly 5,000 U.S. However, all is not lost.

Innovation 40

Innovation Customer Experience Retail National 40

Gonzobanker

DECEMBER 20, 2019

Second Curve analyst Zack Maxfield opened a TD Bank checking account on his phone in nine minutes while he waited to speak with a teller at one of the bank’s branches, but waited an hour to fund the account and order a debit card. So many miles to go, retail bankers! The bank that got hacked via AWS wins the tech award?

Idaho 148

Idaho Conference Data Marketing 148

PYMNTS

NOVEMBER 8, 2017

Pundits prophesy a cashless society — and indeed, vast swaths of consumers are migrating to digital and mobile channels for many of their banking needs, as shown by a decline in the number of brick-and-mortar retail bank branches.

ATM 126

ATM Strategy Mobile Millennials 126

American Banker

JUNE 3, 2016

The regional bank has extensively studied the viability of such platforms, but has been unable to develop a plan to fits its risk appetite.

Lending 28

Lending Online Regional Study 28

PYMNTS

MARCH 9, 2020

But given the rise of neobanks — FinTechs that are using banking services as the foundation for new ecosystems and Big Tech, which is exploring ways to extend their reach into banking and financial services — we thought we’d go back to first principles and ask consumers that simple question in relation to their primary banking relationship.

How To 232

How To Millennials ATM Fintech 232

PYMNTS

SEPTEMBER 24, 2019

The Bank of Israel is green lighting a new digital bank — the country’s first new financial institution in decades. The digital bank is led by entrepreneurs Marius Nacht of cyber security company Check Point Software Technologies , and Amnon Shashua of autonomous driving developer Mobileye NV.

Digital Banking 109

Digital Banking NV Cyber Security Innovation 109

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. He also said that he sees applications for VR in industries other than retail.

Retail 123

Retail Millennials blockchain Mobile 123

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. Or at least they should be. The 2016 U.S.

Regional 28

Regional Mobile Millennials Study 28

PYMNTS

FEBRUARY 21, 2020

Not Chinese nationals just in from China, but any consumer who looks Chinese, even if they are an American who has never been closer to China than Chinatown in New York City. bank Radius Bancorp for $185 million. Is Paying Consumers For Their Time The Future Of Physical Retail? The $8 billion U.S.

Payments 130

Payments New York City Meeting New York 130

Gonzobanker

DECEMBER 19, 2016

Mergerama Region of the Year – The Midwest: Huntington-First Merit, Chemical-Talmer, Old National-Anchor … the list goes on. Acquisition of the Year – Guaranty Bank and Trust Company in Colorado for its acquisition of Home State Bank. Best Free Market Research a Retail Banker Will Ever Get. Is it in the water?

Utah 60

Utah System Community Marketing 60