Gonzobanker

JULY 6, 2021

Three winning core strategies to accommodate any financial institution’s budget, business case, and future vision. It has become crystal clear that digital transformation is now the largest technology initiative for regional and community financial institutions. Commoditization Strategy.

Strategy 155

Strategy System Risk Management Technology 155

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.

Fraud 196

Fraud Digital Banking Delaware Tools 196

Celent Banking

APRIL 25, 2016

Banco Original is the 3rd step in this digital only bank strategy in the region, becoming the 1st universal digital only bank in Latin America. As part of its strategy to position the bank as different and innovative they launched this advertising campaign featuring Usain Bolt.

America 100

America Digital Banking Strategy Fintech 100

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. This is particularly true in the digital space, which is likely to be a key area of competitive differentiation in the years to come.

Digital Banking 49

Digital Banking Regional Customer Experience Industry 49

The Financial Brand

APRIL 1, 2021

Mid-cap regional banks are losing market share as the most advanced digital players are stealing accounts that provide speed, simplicity and personalized solutions. The post Regional Banks Losing Battle to Remain Competitive appeared first on The Financial Brand.

Regional 43

Regional Branding Marketing Digital Banking 43

Gonzobanker

AUGUST 17, 2022

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 182

Fintech Lending Software Compliance 182

PYMNTS

NOVEMBER 9, 2020

But for the commercial spending technology world, these forecasts aren't exactly rosy. This earnings season, the downturn has become apparent as several corporate payments technology players post losses. Virtual Cards And Mobile Technology. Boosting The Banking Experience. While losses climbed from $5.7

Innovation 255

Innovation Fintech Payments Mobile 255

NCR

MAY 4, 2017

As I explore in this whitepaper , there are six key areas I believe retail banks should be concentrating on to develop a comprehensive omni-channel strategy, in order to maximize value delivered to the bank and its customers. ” [ More than digital plus traditional: A truly omnichannel customer experience – McKinsey ].

Strategy 83

Strategy Customer Experience Regional Retail 83

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. Top 10 Internet Banks 175,625,459.

Digital Banking 60

Digital Banking Industry Capital Strategy 60

Accenture

JUNE 17, 2019

For banks to take full advantage of the opportunities brought by Open Banking—from monetizing data to banking-as-a-platform—to grow their business, they will need to embrace and infuse Open Banking technologies into their operations. That’s the route that a mid-sized regional US bank took.

Customer Experience 153

Customer Experience Operations System Software 153

PYMNTS

AUGUST 9, 2019

Commercial payments firm Bottomline Technologies is doubling-down on data intelligence after posting an 11 percent year-on-year increase in subscription and transaction revenues for the fourth quarter of fiscal year 2019, the company announced Thursday (Aug. Digital Banking IQ. 8) after market close.

Data 134

Data Analytics Digital Banking Cards 134

Gonzobanker

DECEMBER 19, 2022

In January, we were discussing crypto and the need to formulate customer crypto strategies. Chuck Purvis, Coastal Community – Purvis waved the flag of innovation in the credit union industry, helping Coastal become famous for its usage of interactive teller machines (ITMs) and launching the Constellation Digital Banking platform.

Community 216

Community Fintech Industry Innovation 216

PYMNTS

APRIL 23, 2019

Chinese technology conglomerate Tencent has invested in Argentinian mobile banking startup Uala, according to a report from Reuters. There has been a lot of interest from China toward the Latin American region, with companies like Didi Chuxing , Huawei and Baidu all looking for investments in the area.

Mobile 155

Mobile Metro Regional America 155

South State Correspondent

OCTOBER 28, 2022

Gartner focused on technology infrastructure, while Money 20/20 was around fintech and payments. Small Idea – It’s Our Kid’s Technology. It was a sobering thought to realize that we are all really building most of this technology for our kids. Complicated technology sucks, but mortality sucks more. Big Idea – Trends.

Conference 195

Conference Technology Las Vegas Trends 195

PYMNTS

NOVEMBER 16, 2020

As noted in this space , the entity fashioned by the merger would take its place as the fifth largest retail bank in the country, and with a presence that spans 24 states, and with a combined asset base of about $560 billion. But behind mechanics lies strategy. But do we have a competitive advantage in digital.

Google 189

Google Course Strategy Innovation 189

PYMNTS

MAY 4, 2017

Brazil and Mexico — the total amount in cash payments for the region was $3 trillion in 2015, with weighted average cash use at 14 percent of GDP, with an estimated increase, annually, of 4 percent through 2020 in absolute dollars but a decline in percentage of GDP by 1.2 Turning to the Americas — defined as the U.S., do not accept cash.

ATM 192

ATM Millennials United States Study 192

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

Abrigo

OCTOBER 21, 2019

Today, 73% of all consumer interactions with financial institutions are done digitally , according to the 2019 FIS Performance Against Customer Expectations (PACE) report. While many financial institutions are seeing the benefits of digitizing different areas of their bank or credit union, others are still hesitant to invest in technology.

Oklahoma 218

Oklahoma Millennials Innovation Technology 218

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. With more than 1.3

Regional 75

Regional Payments National Boston 75

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). The sandbox, Reuters reported, has four phases.

Fintech 167

Fintech Guidelines Mobile Training 167

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

Gonzobanker

DECEMBER 17, 2021

We know the customer buying and use of financial services is being fundamentally changed by fintech, but our long-term strategies to invest/partner/buy/compete are very much works in progress. The merger of equals activity in 2021 was sky high, primarily because banks with pinched margins from low rates worked to grabbed scale.

Fintech 142

Fintech Strategy Leadership Lending 142

American Banker

APRIL 19, 2020

Citizens, Regions and others say business investments initiated before the coronavirus crisis, including technology improvements and new consumer offerings, are on track.

Regional 75

Regional Technology Digital Banking Strategy 75

Abrigo

FEBRUARY 8, 2024

Fraud schemes, evolving with technology, are more sophisticated and more complex to detect. Fraudsters have adjusted their tactics as technology has changed. As financial transactions become increasingly digital, consumers and businesses must be equipped with the knowledge to navigate day-to-day business securely.

Fraud 195

Fraud Resources social media Software 195

Bobsguide

FEBRUARY 22, 2022

The bank was looking for a modern, digital banking solution that would help it transform customer engagement through the delivery of contextual experiences. Furthering the government’s vision of moving operations and infrastructure to the cloud, BDB wanted to host the entire core banking platform on a public cloud.

Innovation 78

Innovation Customer Experience Strategy Operations 78

PYMNTS

MARCH 20, 2018

The trend is even worse among Western European FIs, with shrinking profits prevalent among 57 percent of institutions in this region, reports said. According to the BCG’s “Corporate Banking Executive Survey,” “front-to-back digital transformations” are essential to halt this shrinkage.

Boston 109

Boston Survey Digital Strategies Regional 109

Accenture

APRIL 21, 2017

A recent Accenture roundtable discussion concluded that European banks have the opportunity to develop innovative transaction banking offerings using virtual accounts, such as virtual cash management, to address changing market needs and create new business models.

Management 200

Management Innovation Taxes Marketing 200

CB Insights

MARCH 8, 2018

Digital banking startups — or challenger banks — have gained traction over the past few years by bringing retail banking services mobile. Banks in Fintech: what’s ahead in 2018. Join us for data-driven look at how major banks are approaching fintech investments and taking on insurgents. First Name.

Retail 78

Retail Digital Banking Fintech Regulation 78

Gonzobanker

DECEMBER 20, 2019

There is an understanding that technology and fintech are going to cause radical change, but the how, how big and when are still very unclear. A finance pro who was not afraid of technology, Trylko brought respect and class to every endeavor he undertook. Legacy banks need not apply. The bank’s strategy is laser-focused.

Idaho 148

Idaho Conference Data Marketing 148

PYMNTS

AUGUST 17, 2017

But, while closing physical bank branches might appear to be a wise cost-saving measure, the move comes with risks that could hurt banks’ relations with new millennial customers. Can banks have it both ways? These digital specialists will help bank branches introduce new capabilities to their customers.

Millennials 132

Millennials Digital Banking San Francisco Fintech 132

Gonzobanker

JANUARY 17, 2020

Year one of the Tech Decade in Banking will bring no shortage of tension between technology investments and earnings targets. So, to get your Gonzo executive brains warmed up for a new year, I offer you 20 important banking realities for 2020 to guide your strategic execution efforts: 1.

Customer Experience 126

Customer Experience Fintech Regional Cards 126

PYMNTS

JULY 30, 2019

Asking them what they want is really important, [because] then [we can use] that to set our strategy,” she said. This has meant offering video banking services, which solves members’ needs for a person-to-person relationship and also extends services to rural customers who might have to travel long distances to get to a nearest branch.

Innovation 115

Innovation Fraud Mobile Video 115

Insights on Business

FEBRUARY 19, 2016

My engagements with a number of global banks of various sizes over the past several months have been on one common agenda. What should be their strategy for Digital Banking transformation? In my next blog I plan to go deeper on the architecture model for next generation banking.

Fintech 132

Fintech Video Lending Industry 132

NCR

SEPTEMBER 19, 2017

Operating a network of bricks-and-mortar sites is costly and logistically challenging, but having access to a branch remains highly important for many customers, despite the rising functionality and availability of digital banking. One concept that has become particularly significant is automation.

San Francisco 53

San Francisco Regional Survey Innovation 53

PYMNTS

OCTOBER 8, 2019

CUs are no longer confined to operating primarily as regional players, moving beyond the confines of original charters that had limited them to, say, specific communities or employers. Digitization, he said, helps level the playing field for CUs competing with bigger players. The Millennial Challenge.

United States 102

United States Millennials Course Lending 102

Fintech Labs Insights

JULY 1, 2016

The technology creates an end-to-end, out-of-band channel between the users’ mobile device and the financial institution’s back-end systems to enable transmission of digital signature certificates and other communication between FIs and their customers. CREALOGIX was founded in 1996 and is based in Zurich, Switzerland.

Technology 16

Technology San Francisco Mobile Digital Banking 16

American Banker

AUGUST 16, 2016

Gavin Michael, head of digital banking for JPMorgan Chase's retail unit, is moving to Citigroup.

Technology 28

Technology Digital Banking Retail Branch Strategies 28