PYMNTS

JULY 11, 2018

Citizens Financial Group announced the launch of its nationwide, direct-to-consumer digital bank. Over the last several years, direct bank deposits have grown six times faster than deposits at traditional banks as consumers have sought innovative new ways to save money,” said John Rosenfeld, president of Citizens Access.

Digital Banking 103

Digital Banking United States FDIC ATM 103

CB Insights

AUGUST 17, 2021

Chime , a digital banking platform, has raised $750M in a Series G. California-based Chime collaborates with regional banks to create member-centric financial products, coining itself as a financial technology firm rather than a bank. HOW’S THE COMPANY PERFORMING? Want the full post?

Capital 78

Capital Operations California Regional 78

Insights on Business

NOVEMBER 29, 2018

Now, more than ever, banks must be smarter and faster. Operational innovation is vital in a highly competitive financial services sector, with a new community of digital banks and other firms vying for market share. Drivers for Operational Innovation. People are at the heart of any financial operation.

Operations 138

Operations Innovation Management Risk Management 138

PYMNTS

NOVEMBER 13, 2019

percent of banking customers would be interested in switching their financial institutions (FIs) if their branch experiences do not match their digital banking experiences. A digital-first approach to banking has become critical to survival, in other words. Recent PYMNTS research indicates that 34.8

Regional 109

Regional ATM Report Alabama 109

PYMNTS

JULY 22, 2020

In the July Digital-First Banking Tracker® , PYMNTS explores the latest in the world of digital-first banking, including the long-lasting effects brought on by the pandemic, the shifting attitudes surrounding ATM use, and how the digital banking development field is reaping dividends from the financial industry’s sea change.

ATM 225

ATM Digital Banking Alabama Study 225

The Paypers

JULY 6, 2020

Cloud-based payment processor Paymentology has announced the expansion of its Middle East operation to meet the projected growth of digital banking in the region.

Digital Banking 50

Digital Banking Regional Fintech Meeting 50

PYMNTS

JANUARY 22, 2020

Grab , Razer , AirAsia , Axiata and CIMB join other companies that are considering applying for digital banking licenses in Malaysia, sources told Reuters on Wednesday (Jan. Some are in discussions with consultants for guidance as they ponder a move into digital banking, according to the sources, who are familiar with the matter.

Digital Banking 136

Digital Banking Regional Capital Study 136

PYMNTS

JULY 1, 2020

Or that, on average, 15 percent of an FI’s annual operating costs go toward maintaining core banking systems that are outmoded? Many of these legacy banks are also planning to integrate AI [artificial intelligence] tools, but their reliance on outdated infrastructure could be hindering their cloud migration plans. “The

System 268

System Digital Banking Tools User Experience 268

PYMNTS

FEBRUARY 4, 2020

Banking as a service (BaaS) startup Bankable is partnering with Visa to accelerate digital banking solutions, Bankable announced on Tuesday (Feb. clients access to Bankable’s real-time digital banking solutions and faster payments. The New York team will handle operations in London and Dubai.

New York 132

New York Regional Digital Banking Fintech 132

PYMNTS

JANUARY 31, 2020

Some companies have been able to adjust quicker than others, leading to the first-ever fines issued and collected for breach of GPDR within the region. However, the most intriguing development in the Open Banking world is not the impact of these two regulations inside of Europe, but outside of it.

Digital Banking 136

Digital Banking Guidelines Regulation Data 136

PYMNTS

JUNE 15, 2020

Supply chain disruptions and economic volatility have elevated risk exposure for many enterprises, but for small- to medium-sized businesses (SMBs) operating globally, that risk of exposure can be catastrophic. “Many more companies will seek out digital banking solutions,” he said. Balancing Local With Global.

Regional 245

Regional Operations Fintech Tools 245

PYMNTS

SEPTEMBER 28, 2020

Open banking rules have continued to evolve during the global health crisis, but the pandemic has given regulators and financial authorities new questions to tackle. One area where the pandemic may significantly impact emerging data protection and open banking rules is the Middle East and North African region (MENA).

Online 151

Online Report Payments Regulation 151

PYMNTS

MARCH 20, 2020

However, the applicants will have to allow Cainiao to provide things like inventory information and operational status to HSBC for analysis. “We But analysts said the move represents an attempt to compete with a number of new online challenger banks that will appear in the region later in the year. The competition will be keen.

Big Data 203

Big Data Lending Regional Operations 203

Accenture

JUNE 17, 2019

Guest bloggers Ben Lopez and Charlie Arthy continue their series on achieving simplified, future-ready bank operations. . To optimize and simplify their operations for agility to capture opportunities driven by market change. That’s the route that a mid-sized regional US bank took.

Customer Experience 153

Customer Experience Operations System Software 153

PYMNTS

JANUARY 27, 2020

Singapore is aiming to boost cryptocurrency firms by offering them a chance to apply for operating licenses. The move, called the Payment Services Act, will allow global cryptocurrency firms the chance to expand their operations. Both already operate in Singapore. and London-based Luno.

Regulation 151

Regulation cryptocurrency Payments Bitcoin 151

PYMNTS

MARCH 11, 2020

Credit Sesame Launches Free Digital Bank Account. Credit and loan company Credit Sesame has announced a new, free digital bank account to help customers grow cash and credit in one place. Amazon has been slowly but surely expanding its walk in, walk out technology — there are now 26 Go stores in operation in the U.S.,

Payments 140

Payments Fraud Regional Digital Banking 140

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 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

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

PYMNTS

JULY 7, 2020

For more community banks, the latter strategy can fast-track digitization initiatives. This week’s look at the latest bank-FinTech tie-ups shows Banking-as-a-Service and other FinTech players embracing smaller regional and community banks to elevate small- to medium-sized business (SMBs) and corporate banking offerings.

Community Bank 242

Community Bank Community Fintech Regional 242

PYMNTS

JUNE 2, 2020

“Consumers are now leaning heavily on digital banking to meet their financial needs. Banking app downloads have increased 60 percent since the pandemic became widespread, with banking app revenue growing 17 percent,” according to PYMNTS’ May 2020 Digital-First Banking Tracker® , a collaboration with NCR.

Digital Banking 133

Digital Banking User Experience Meeting Fintech 133

Bobsguide

MAY 8, 2022

BankLiteX, accelerating cloud-based digital banking. In 2021, GFT launched BankLiteX, a modular, end-to-end solution that enables firms to create and deploy a cloud-based, digital banking entity, faster than previously possible. With BankLiteX, financial institutions can: Reduce risks with a pre-defined operating model.

Compliance 166

Compliance Risk Management Digital Banking System 166

PYMNTS

NOVEMBER 22, 2020

Danske Bank , the Copenhagen-based retail bank, has partnered with FinTech firm Zenegy to roll out a new method for automating payments made with corporate cards, a report from Crowdfund Insider says. As a result, Danske Bank was ordered out of Estonia and closed its operations in Russia and the Baltics.

Cards 221

Cards Payments Innovation Regional 221

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

NOVEMBER 27, 2019

That is among the reasons why Emirates NBD recently launched the first digital banking service for SMBs in the UAE, a launch that could inspire similar efforts in other parts of the world. It will have a mobile app, and provide different services necessary to carry out banking needs. New Venture.

Fintech 167

Fintech Regional Regulation ATM 167

PYMNTS

NOVEMBER 30, 2020

Nets will provide the full-scale solution with a corporate credit and debit solution using digital services, enterprise card management and security tools, the release stated. Emirates NBD Debuts Omnichannel Corporate Banking Program. Australia Could Debut Compulsory eInvoicing.

Cards 160

Cards Payments Tools Regional 160

PYMNTS

NOVEMBER 10, 2020

After gaining a new license to operate as a financial institution in Latin America's largest economy of Brazil, MercadoLibre will work on expanding its portfolio of credit offerings, a report from BNAmericas says.

America 156

America Regional Operations Report 156

PYMNTS

SEPTEMBER 14, 2020

Middle Eastern finance group Emirates National Bank Dubai (NBD) has deployed a centralized international payments hub on Tata Consultancy Services ' TCS BaNCS For Payments, according to a press release , which will help to boost payments in numerous countries across the world.

Payments 175

Payments Operations Regional Innovation 175

PopularBank

OCTOBER 28, 2020

Popular Bank conducted a detailed review and analysis of its current network, including its usage, proximity to additional Popular Bank branches, the needs of customers and accessibility to supplemental services. Of the 11 branches closing, eight are within two miles of another Popular Bank branch. New York Metro. 631) 806-7742.

Puerto Rico 52

Puerto Rico New York Metro Community 52

PYMNTS

JULY 23, 2020

Open banking has been picking up steam in Latin America for more than two years. Regulators in Mexico passed a law governing FinTechs in March 2018, just two months after PSD2 went into effect in the European Union, and others in the region have since followed suit. the region. Open Banking And Digital Readiness.

America 165

America Regulation Regional Tools 165

PYMNTS

JULY 21, 2020

The European Union’s financial authorities are monitoring how the pandemic may be affecting banks’ and FinTechs’ compliance with rules such as the General Data Protection Regulation (GDPR) and the revised Payment Services Directive (PSD2), for example. How The Pandemic Is Shifting Open Banking Plans In Latin America .

Mobile 229

Mobile Report America Regulation 229

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. The Journey.

Operations 233

Operations Data Digital Banking Management 233

PYMNTS

JUNE 29, 2020

Mastercard and Norwegian financial technology (FinTech) company EedenBull have agreed to expand their partnership to the Asia Pacific region, the firms announced Monday (June 29). Under the terms of the new deal, Mastercard will support EedenBull’s product development and digital services.

Fintech 248

Fintech Cards Regional Management 248

PYMNTS

NOVEMBER 26, 2019

Recent data indicated that 82 percent of SMBs shutter in their first year because of poor cash management operations. As SMBs seek opportunities to expand their operations, and reach new customers and markets, they will need the right spend and workforce tools to ensure funds are spent appropriately.

Tools 141

Tools Boston Cards Management 141

PYMNTS

MAY 6, 2019

Our team has torn apart the small business banking playbook and created our own digital banking platform and operating model from the ground up.”. The company offers application programming interface (API)-powered banking that was created to automate back-office financial work.

Innovation 192

Innovation Fintech San Francisco New York 192

PYMNTS

JANUARY 24, 2019

banking giant Citi said it will reduce its physical presence in Russia – reducing office count, actually – but that business should in fact grow in 2019. That comes from Michael Berner, the consumer business manager of the Russian operations, who is also a Citi Russia board member. As reported by Reuters , the Russian arm of the U.S.

Online 108

Online Regional Mobile Retail 108

PYMNTS

FEBRUARY 21, 2017

startups have felt the impacts of operating in a post-Brexit economy — with dips in funding and pressure to vacate for better opportunities. Skype cofounder Niklas Zennstrom is a known advocate for European startups who has invested much of his fortune into promising startups across the region. It’s no secret that U.K.

Digital Banking 101

Digital Banking Capital Fintech Groups 101