PYMNTS

JANUARY 30, 2020

In its Q4 2019 earnings release, Facebook reported a 51 percent spike in expenses for 2019, as the social media platform faces more questions from regulators and policymakers. Digital banking efforts took center stage at Goldman’s Investor Day on Wednesday (Jan.

social media 141

social media Payments ATM Fraud 141

Gonzobanker

MARCH 22, 2023

Here are seven key areas where bank executives need action plans to address burning challenges: Communication – Bankers have been working to calm their customers and community, but the quantity and quality haven’t yet met the standard in an always-on social media world where the public is sniffing for transparency and authenticity.

social media 78

social media Capital Risk Management Strategy 78

PYMNTS

MAY 25, 2020

The ongoing COVID-19 pandemic is significantly affecting everyday life, with more than one-third of the world’s population subject to social distancing guidelines, stay-at-home orders or other regulations to prevent the virus’s spread. Several banks in the U.K. One bank in the U.K. One bank in the U.K.

Fraud 167

Fraud social media Security Guidelines 167

Gonzobanker

JANUARY 4, 2022

The Big 3 bank tech vendors—FIS, Fiserv, and Jack Henry—have all partnered with NYDIG, making it easy (OK, easier ) for mid-size institutions to integrate crypto services into their core and digital banking platforms. Visa announced the launch of a crypto advisory service for its banking and merchant clients.

Trends 188

Trends Fintech social media Strategy 188

PYMNTS

AUGUST 12, 2016

2015 to create a completely different kind of bank, said it is now authorized and regulated by the Financial Conduct Authority and Prudential Regulation Authority. Today’s announcement means we have a banking license with restrictions. In a blog post , Mondo, which launched in Feb.

social media 100

social media Regulation Cards Course 100

FICO

APRIL 24, 2023

Applicable regulations on lending are also implemented via this solution. “We 11 Commandments of Digital Banking: The Customer Journey Artelys Uses FICO Optimization To Manage European Power Grid Nikhil is also a member of the Forbes Business Council.

Risk Management 52

Risk Management Digital Banking Customer Experience Management 52

PYMNTS

APRIL 19, 2019

That’s because Strong Customer Authentication (SCA) is on the way in September, but as has been seen with other sweeping changes mandated by regulators and impacting the very way payments are made, lots of folks are not paying attention. P2P: Bank of America’s 1Q results show a bright spot in digital banking, as P2P services gain traction.

social media 125

social media Online Regulation Taxes 125

Insights on Business

DECEMBER 10, 2017

Fintech startups have the creativity and agility to develop applications to please these consumers, but playing by the rules of this highly regulated industry costs money and ultimately slows them down. Banks provide trust and infrastructure to a partnership with fintech. Think modular – building with blocks.

Fintech 115

Fintech social media Apple Google 115

PYMNTS

APRIL 20, 2017

s challenger bank landscape is spreading since regulators have welcomed new competition into the retail banking space. Market entrants are looking to disrupt across a range of segments of the banking industry, but SME finance has become a popular target for these innovators. In the U.K.,

Compliance 110

Compliance Innovation social media Lending 110

Gonzobanker

DECEMBER 14, 2023

A lover of picking bank stocks and playing piano who served our country in the U.S. which provides digital banking videos and user guides to help FIs increase their customers/members’ digital adoption. Paul wrote the “ Online Banking for Dummies ” book in the late ’80s. Paul Murphy, founder of Murphy & Co.

Fintech 194

Fintech Community Regional Technology 194

Bank Innovation

APRIL 18, 2016

‘Cloud’ used to be a scary word in banking — but as the services offered by Amazon, IBM and others grow more sophisticated, both bankers and regulators are learning to love the cloud. Banks have generally been reluctant to move important information from in-house environments to the cloud, but that could Read More.

Compliance 150

Compliance Tools Regulation social media 150

Insights on Business

SEPTEMBER 8, 2016

Late last year, I read an article in the Financial Times that said there were three possible reasons for the turmoil in the worldwide banking industry: a blip induced by excessive regulation, a return to normal after an exceptional pre-crisis boom, or the slow death of banking. Almost sounds too good to be true, doesn’t it?

Study 70

Study social media Compliance Operations 70

Fintech Labs Insights

OCTOBER 6, 2015

Fidor Bank is a fully licensed online bank with both a user-oriented and tech-driven mindset. Most fintechs need banks because of regulation and processing. Fidor Bank provides both regulative support and technology. Fidor Bank is privately owned. We strongly believe in partnerships.

Digital Banking 12

Digital Banking social media Software Community Bank 12

PYMNTS

OCTOBER 29, 2018

Not only do consumers want to keep their money in the bank, but they also want innovative mobile and digital banking solutions from them that make it easier to access and manage their money. Online and digital banking is an innovation enjoyed by many consumers, as is P2P payments.

Payments 196

Payments Google Apple Innovation 196

Insights on Business

JANUARY 28, 2019

Backbase is the leading solution provider in digital banking and a strategic alliance partner of IBM. Together, IBM and Backbase have helped many banks around the world transform to become more agile, more digital and more customer-centric. –> Explore IBM Banking and Financial Markets Solutions.

San Francisco 87

San Francisco Analytics Albuquerque Security 87

Cisco

MAY 29, 2019

But, when it really comes down to it, how can banks, saddled with regulations and security challenges, compete with the experiences offered by customer-obsessed tech powerhouses and agile fintechs? Customer satisfaction scores also decline in online assisted customer service (online chat, email or social media channels).

Customer Experience 71

Customer Experience Retail San Diego Study 71

PYMNTS

AUGUST 4, 2017

Silly uses — and the social media logging of them — soon became the thing for which QR codes became best known. And, he noted, as different markets have different needs, they pursue the transformation into digitizing cash along different paths.

Payments 124

Payments Mobile United States Technology 124

Cisco

MAY 29, 2019

But, when it really comes down to it, how can banks, saddled with regulations and security challenges, compete with the experiences offered by customer-obsessed tech powerhouses and agile fintechs? Customer satisfaction scores also decline in online assisted customer service (online chat, email or social media channels).

Customer Experience 48

Customer Experience Retail San Diego Study 48

Gonzobanker

MAY 30, 2017

The busiest expo booths were one-off specialists like lending analytics campaign provider Intuvo and digital banking provider Alkami talking about applying data. Are you doubled down chasing unstructured social media data? The more specific and applied the use case, the better. This is the exciting apex of hot crazy.

Analytics 71

Analytics Data System social media 71

Gonzobanker

NOVEMBER 18, 2014

With a focus on digital banking and branch transformation, it was interesting to see the attendee list with lots of sexy new customer experience and analytics titles. Worst practice of the sessions: “It’s an interesting time to be a bank and digital banking is part of an entire ecosystem.” General Sessions.

Chicago 97

Chicago Retail Branch Design Training 97

CB Insights

AUGUST 2, 2018

One of the biggest trends in fintech today is the rise of digital banking products like mobile checking accounts and new debit cards. From Square to Paypal, a host of fintechs are creating products that let consumers spend money directly out of digital accounts using a physical card. get the 86-page fintech report.

Cards 71

Cards Fintech UX Strategy 71

PYMNTS

JULY 29, 2016

There are digital banks popping up just to woo them. Traditional banks are adapting services to attract more of them. Bank Regulation. agree on is that banks need to be cut down to size. percent of the social-media advertising spend on the planet Earth this year, according to eMarketer estimates.

Apple 100

Apple Millennials Mobile Fintech 100

William Mills

SEPTEMBER 9, 2016

I believe SEC regulations require a company to go public if they have more than 500 shareholders. Customers want self-service capabilities but regulation and risk is top of mind that get in the way of digital interactions. Social media is a special challenge since social media was not created with compliance in mind.

social media 40

social media ATM Mobile Customer Experience 40

Lex Sokolin

AUGUST 19, 2020

Comparisons and Takeaways There’s some blowback in the Fintech social media saying that we should not be critical of these results, but rather champion the innovation and change they have brought about. In Europe, the whole thing is frowned on by regulators and would likely be shut down. It’s not impossible.

Comparison 52

Comparison Fintech Lending Analysis 52

Gonzobanker

DECEMBER 19, 2017

One word can summarize this action-packed banking year, GonzoBankers – tiring. Heavy-handed regulators. The Gonzo team understands the value of well-designed regulations and standards, and we too despise the “gotcha” behavior of Wells Fargo and other players who institutionalize manipulating the consumer. Payments chaos.

Conference 91

Conference Industry Community Bank Community 91

Gonzobanker

DECEMBER 22, 2015

Jill Castilla, CEO of Citizens Bank of Edmond, Okla. This year, the award is less about advancing “your career” as it is about advancing “your bank.” No one has been more successful at using social media to generate awareness and a positive image for their bank than Jill (@JillCastilla, @CitizensEdmond).

Community Bank 60

Community Bank Apple Community Technology 60

CB Insights

JUNE 17, 2020

In the case of telemedicine, government entities eased privacy regulations to facilitate more comprehensive remote diagnostics. Tech giants aren’t the only companies that have spotted the opportunity in remote diagnostics — some biotech companies have moved quickly to demonstrate value and capitalize on the eased regulations as well.

Industry 101

Industry Technology Online Video 101