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

Bank Innovation

OCTOBER 29, 2019

Digital banking brand Varo has 1 million customers, and is pushing ahead with plans to become a nationally-chartered bank early next year, CEO Colin Walsh told Bank Innovation Tuesday.

National 284

National Innovation Digital Banking Branding 284

BankInovation

MAY 21, 2020

Miami-based Pacific National Bank is using a stand-alone digital brand called Facile to reach younger customers and position itself for long-term success. It’s aimed at giving the bank a peak into what we think banking is going to look like.

Miami 98

Miami Digital Banking National Branding 98

PYMNTS

JANUARY 24, 2021

NCR, meanwhile, makes ATMs and also does point-of-sale systems for retailers and restaurants, among other types of businesses. NCR was formerly known as National Cash Register and was once owned by AT&T. PYMNTS pointed out earlier this month that NCR's bid for Cardtronics shows the allure the ATM business has.

ATM 293

ATM Retail Operations Software 293

Bank Innovation

FEBRUARY 19, 2020

Level, a digital banking startup based in San Francisco Calif., The company, which launched its products nationally Wednesday, is coming into the market as fintech startups like Wealthfront, Betterment and Varo are touting high-yield savings accounts to vie for market share. is trying to hook customers with a 2.1%

San Francisco 259

San Francisco National Digital Banking Fintech 259

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

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

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 134

Digital Banking Customer Experience Strategy Exercises 134

PYMNTS

AUGUST 5, 2020

This is not a shift because this digital growth isn’t coming at the expense of our retail business so much as it is about getting new customers to the category and other customers from other parts of the remittance market, like banks and other digital financial services providers.”. Earnings likewise fell sharply to $161.9

United States 337

United States National Retail US 337

PYMNTS

JUNE 5, 2020

Citi ‘s Treasury and Trade Solutions (TTS) customers have increased their utilization of the firm’s digital banking technology, while firms globally implemented continuity plans and telecommuting to stay in operation amid the pandemic. Digital onboarding is more complicated for corporates than consumers.

Report 132

Report Online National Taxes 132

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

JULY 27, 2018

You might not expect the nation’s leading mobile bank, with north of 31 million users, to be in a hurry to build a digital bank under a new brand, but that’s just what JPMorgan Chase did last October with Finn.

Fintech 170

Fintech National Innovation Digital Banking 170

Bank Innovation

SEPTEMBER 5, 2018

The digital banking service Varo Money announced last night it had received preliminary approval for a national banking charter from the Office of the Comptroller of the Currency, a division of the U.S. As Bank Innovation previously reported, Varo raised $45 million for this purpose in January. Treasury Department.

National 150

National Digital Banking Innovation Report 150

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. Retail Banks $1,271,189,782.

Digital Banking 60

Digital Banking Industry Capital Strategy 60

PYMNTS

FEBRUARY 2, 2020

CIT’s Southern California branch network, OneWest Bank , unveiled a new mobile app to help small businesses meet their financial goals. Our new app is an accessible and convenient solution for local entrepreneurs looking to manage their money digitally, from anywhere at any time.”. In separate news, a J.D. Power 2019 U.S.

Mobile 131

Mobile Survey California Retail 131

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., Customers can send money through digital banking platform and/or the bank’s 38 branches.

National 100

National Retail Cards Digital Banking 100

Bank Innovation

DECEMBER 4, 2019

Koho, a Toronto-based digital banking startup, is on track to expand its product suite to include credit and savings products in 2020, CEO Daniel Eberhard told Bank Innovation on Wednesday. In late November, the […].

Tools 332

Tools Digital Banking Innovation Cards 332

PYMNTS

JUNE 8, 2018

PYMNTS recently caught up with Erken and Boonstra for insights into India’s demonetization experiment, including the lessons the country can learn from European nations that have successfully pursued their own demonetization plans. If [citizens] don’t have a bank account, then, by definition, every transaction will be cash-based,” he said.

Policies 122

Policies Digital Banking National Tools 122

PYMNTS

JUNE 28, 2018

Coverage includes Amazon’s latest healthcare move, along with a new digital banking service in the U.K. PayPoint Enables Tide Customers To Deposit Cash At 29,000 UK Retailers. PayPoint said the deal gives the digital bank access to a network that is larger than all the banks, post offices and supermarkets combined.

Digital Banking 101

Digital Banking Mobile Cards National 101

PYMNTS

JULY 15, 2019

Digital innovation enhanced the company’s Q1 earnings performance, which surpassed analyst’s predictions. However, the bank’s recent decision to shut down Finn , its digital banking app that targeted a younger clientele, could affect mobile user statistics in their second quarter report.

Innovation 139

Innovation Millennials Conference cryptocurrency 139

PYMNTS

SEPTEMBER 14, 2016

At a time when ATMs are becoming America’s source for cash, Allpoint delivers to First Tennessee customers a national ATM footprint, high-quality retail locations and an unrivaled density of convenient cash access points,” Knoll continued. “At

ATM 100

ATM Tennessee United States National 100

PYMNTS

NOVEMBER 13, 2019

The sneaker and sports apparel company said it will forge new retail partnerships and concentrate on its direct business. percent of banking customers would be interested in switching their financial institutions (FIs) if their branch experiences do not match their digital banking experiences.

Apple 101

Apple Payments Branding cryptocurrency 101

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

OCTOBER 13, 2020

banking license, and a central bank digital currency would exist alongside cash. Revolut Eyes US Bank Charter. London-based digital bank Revolut, the continent's largest such institution with 13 million users, is close to applying for a U.S. banking license. with interstate agreements.

US 130

US Payments Meeting California 130

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

MAY 9, 2017

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. The platform is designed to help retailers combat an uptick in online retail fraud, caused largely by ineffective or stolen password credentials.

Mobile 137

Mobile Payments New York City Samsung 137

PYMNTS

OCTOBER 31, 2019

A press release this week said Intellect Design Arena will connect Commonwealth Trade Bank to its Intellect Digital Core Solution, IDC 19.1, which Intellect said would help the financial institution (FI) to promote its digitization efforts. will support their vision of becoming an innovative and responsive digital bank.

Innovation 101

Innovation Community Bank Customer Experience Operations 101

PYMNTS

APRIL 30, 2019

Fidelity National bested first quarter estimates on the heels of transaction growth and increased spending by banks as they embraced upgrades to infrastructure amid transitions to digital banking and payments. Management also pointed to synergies and tailwinds behind the pending acquisition of Worldpay.

Conference 134

Conference Innovation Digital Banking Payments 134

Gonzobanker

APRIL 8, 2020

CMS and digital banking – Today’s regulatory environment will not tolerate a bank sending batch content updates to a vendor using a proprietary CMS requiring lots of manual intervention. There are over two dozen digital banking and origination providers in the market. Email us for a list. Email us for a list.

Leadership 170

Leadership Analytics System Digital Banking 170

ABA Community Banking

MARCH 13, 2018

peers, Citi “laying groundwork” for national digital bank Management Financial Trends Retail Banking Channels. Joining push by U.S.

National 40

National Trends Digital Banking Retail 40

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

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

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

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 172

Idaho Community Industry Strategy 172

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. The Wednesday news comes after the bank shut down its digital bank Finn in June, a year after a national rollout.

Online 116

Online Samsung Strategy Apple 116

PYMNTS

JULY 24, 2019

“It’s really hard for banks to follow us here,” Betterment founder and CEO Jon Stein told CNBC. “If If you look at where the big banks and brokerages make most of their money, it’s in their retail savings accounts.”. 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 12, 2019

In a press release , Sensibill said it plans to use the funding to invest further in artificial intelligence (AI) as it continues to collaborate with banks to expand its product to end-users. The company offers technology that layers over existing banking infrastructure to support digitization of retail and small business customers.

Tools 160

Tools Capital Management Technology 160