PYMNTS

OCTOBER 8, 2020

As cloud technologies emerge to help financial institutions (FIs) drive digital innovation, Finastra has introduced its Fusion Payments To Go offering for small and medium-sized banks. In addition, Monese adopted Thought Machine’s cloud banking platform. RootAnt Finishes Seed Round With $1.46M.

Innovation 301

Innovation Technology Fintech Payments 301

PYMNTS

OCTOBER 6, 2020

Of course, the pandemic has forced banks – like all businesses – to rethink their priorities and make adjustments to how they interface with customers. In addition, the report says, services that were once available only at branches, such as loan or credit card applications, are being moved to mobile apps and ATMs. “In

Digital Banking 256

Digital Banking ATM Mobile Atlanta 256

PYMNTS

MARCH 2, 2020

To provide its digital banking experience to more financial institutions, Clinc is teaming with Visa in a partnership that brings artificial intelligence (AI) technology to payments and banking customers. The company reportedly provides a complete conversational AI solution with a 90 percent containment rate.

Digital Banking 149

Digital Banking Michigan Cards Technology 149

PYMNTS

SEPTEMBER 14, 2020

Standard Chartered has announced the completion of the first cross-bank Letter of Credit (LC) transaction over blockchain, between Vietnam and Thailand, according to a report from FinanceFeeds. It was completed over the blockchain-based Contour network, which is an open industry platform and focused on digitizing trade finance.

blockchain 302

blockchain Report Operations Innovation 302

PYMNTS

JULY 29, 2019

To accommodate this shift and the nation’s growing number of internet and smartphone users, tech giants like Amazon and Facebook are launching digital banking solutions focused on mobile devices. The following Deep Dive explores AI’s fraud-fighting uses and how the technology can offer more personalized services.

Digital Banking 181

Digital Banking Fraud ATM Mobile 181

PYMNTS

APRIL 28, 2020

Brattleboro Savings & Loan (BS&L) has chosen NCR Corporation , a global enterprise technology provider for the financial industry, to provide customers with an improved digital banking experience, the companies announced Tuesday (April 28) in a press release. “We only got four uploaded.”.

Digital Banking 142

Digital Banking Vermont Atlanta US 142

PYMNTS

SEPTEMBER 11, 2019

The push toward digital banking seems an inexorable one, with the technology and demographics acting as tailwinds, and where governments have increasingly gotten into the act of promoting digital banks (the pure-play kind) and making forays into bits and bytes, where once paper and face-to-face transactions reigned.

Digital Banking 160

Digital Banking Millennials Mobile Regulation 160

PYMNTS

JUNE 29, 2020

haven’t been able to get ahold of their cash, CNBC reported. digital banking apps such as Anna, Curve, U Account and Pockit since they depend upon the technology of Wirecard to handle payment processing, per the CNBC report. But complete banking licenses would enable them to keep the funds of their clients.

Digital Banking 150

Digital Banking Cards Regulation Payments 150

Let's Talk Payments

SEPTEMBER 28, 2017

Digital banking has not only gone mainstream but in many cases, it has become the only point of contact between banks and their customers. According to a May 2016 report.

Digital Banking 111

Digital Banking Technology Report US 111

PYMNTS

NOVEMBER 20, 2020

The space has experienced robust expansion, with one report noting that more than 17 million consumers around the globe joined CUs in 2019. Studies have shown that CUs must personalize their in-branch and digital offerings with products and services tailored to individual members’ needs to stay competitive.

Technology 253

Technology Indiana Michigan Tools 253

BankInovation

APRIL 19, 2024

Huntington Bancshares joined mega-banks in growing digital adoption during the first quarter, citing increases in digital and mobile usership and in digital logins. During the quarter, Bank of America, Citizens Financial Group, JPMorgan Chase and Wells Fargo all reported digital usership growth.

Report 66

Report America Mobile Groups 66

PYMNTS

DECEMBER 30, 2019

Singtel and Grab are looking to consolidate their powers to create a new digital bank for the people of Singapore, they announced in a press release. Other companies considering doing so include Standard Chartered Bank, NTUC Enterprise, the V3 Group and Razer.

Digital Banking 134

Digital Banking Groups Online Regional 134

PYMNTS

APRIL 19, 2017

However, the one missing piece that these automated banking features lack is a real human being to interact with during a transaction. The company’s new technological development is intended to bring back the human component to customer service without relying on actual people. An Oscar-Worthy Banking Solution? billion by 2021.

Digital Banking 180

Digital Banking Technology Samsung Meeting 180

PYMNTS

NOVEMBER 23, 2018

In banking and payments architecture, especially in the digital realm, a corollary might be “form and function co-exist, and should be flexible enough to change rather quickly.”. He offered as another example the ability to pay an energy bill — and find out through real-time data what the average rate is for a given suburb.

Digital Banking 134

Digital Banking Mobile Data Marketing 134

PYMNTS

JANUARY 7, 2019

Royal Bank of Scotland (RBS), which is gearing up to launch a new digital bank, has acquired a 25 percent stake in Loot , a U.K. According to a report in Financial Times , citing Royal Bank of Scotland , Loot offers customers a current account and pre-paid debit card. digital-only bank that is exploding.

Digital Banking 155

Digital Banking Fintech Cards Branding 155

BankInovation

JANUARY 20, 2022

Technology investment was a major point of focus for U.S. Bank’s fourth-quarter earnings report, but the bank expects investments to remain level in 2022. The $573 billion bank made significant digital banking investments in Q4, acquiring MUFG Union Bank in an $8 billion deal, along with fintechs TravelBank and Bento.

Technology 98

Technology Digital Banking Fintech Report 98

PYMNTS

JUNE 25, 2019

Community financial institution (FI) Cross River Bank is acquiring Seed , a small business (SMB) digital banking company, reports in Reuters said on Monday (June 24). Seed members will be migrated to Cross River as the community bank expands with new offices in California and Oregon. reports said.

Community Bank 116

Community Bank Community Digital Banking FDIC 116

PYMNTS

AUGUST 4, 2020

The writing has been on the wall: PYMNTS research has found that though most people are satisfied with their in-place relationships with banks, only about 40 percent of people would be “extremely” or “very” likely to bring their banking relationships to Big Tech or FinTechs. ” Looking Ahead.

Google 298

Google Digital Banking Course Branding 298

PYMNTS

NOVEMBER 8, 2019

Bottomline Technologies reported fiscal first-quarter results that showed continued traction in areas of digital banking and accounts payable (AP) technologies. Management also noted that digital banking subscription revenue growth slightly outpaced the top line at 17 percent, where subscription revenues were $18.4

Digital Banking 108

Digital Banking Risk Management Conference Technology 108

PYMNTS

JUNE 3, 2020

Many have been carefully coordinating their digital offerings to move away from outdated core banking infrastructures, but they must pick up the pace on their innovations. Digital technologies that can be quickly developed and integrated into banks’ platforms, particularly those that enable faster payments, will therefore be critical.

Digital Banking 131

Digital Banking Mobile Tools Online 131

PYMNTS

JANUARY 7, 2020

If you can’t beat ’em, join ’em — at least when it comes to reporting structure. To that end, investment banking giant Goldman Sachs said it has revamped its reporting into new segments. By creating new divisions, the company may be training a brighter spotlight on its consumer banking efforts.

Report 134

Report Apple Lending Cards 134

PYMNTS

JULY 1, 2020

CO-OP is also pushing into technology that combines contactless cards with ATMs or ITMs. Calcanes pointed out that contactless technology had been on CO-OP’s investment list before the pandemic, but it is now on an accelerated path due to rapidly evolving consumer preferences. “We’ll

ATM 250

ATM Digital Banking Data Video 250

PYMNTS

JANUARY 2, 2020

The former head of technology at Barclays, Mark Hipperson, is launching a digital bank called Ziglu that will serve both crypto and fiat accounts, according to a report by Cointelegraph. challenger bank. In addition to working at Barclays, Hipperson was the former CTO at Starling, a U.K.

Digital Banking 137

Digital Banking cryptocurrency Bitcoin Course 137

PYMNTS

JANUARY 10, 2018

Alkami Technology , a startup providing banks and credit unions with digital banking technologies, has announced new funding. Separate reports in TechCrunch said the firm secured $70 million. Alkami offers financial institutions (FIs) a digital banking platform based in the cloud.

Digital Banking 108

Digital Banking Security Digital Strategies Innovation 108

PYMNTS

JULY 1, 2019

While it gears up to apply for a digital banking license in Singapore, cross-border payments firm InstaReM is reportedly seeking lending business partners. In separate InstaReM news, the Singapore FinTech firm notched $41 million in venture funding per reports in March. Grab, Razer and Singapore Telecommunications Ltd.

Digital Banking 123

Digital Banking Lending America Report 123

PYMNTS

APRIL 23, 2020

Banks looking to meet customers’ standards must have a holistic view of the digital experience and consider all aspects of their operations rather than prioritizing one over another, according to KeyBank Executive Vice President and Head of Digital Banking Jamie Warder. “We Adapting to Social Distancing .

System 226

System Digital Banking Guidelines Online 226

PYMNTS

JULY 31, 2020

We have deep dives into cloud technology for financial institutions (FIs), debit cards and a potential credit card default crisis. Richard Davies is leaving his position as chief executive of Revolut , the digital banking company, one year after coming aboard. Trackers And Reports. Apple Doubles Services Revenue.

Cards 142

Cards Technology Apple Digital Banking 142

PYMNTS

OCTOBER 11, 2018

Europe’s largest banks have landed in the hot seat, thanks to a recent Fortytwo Data report that found 90 percent had been sanctioned for money laundering activities. Now, a new report is shining a spotlight on European banks’ lackluster performance in another area: small business (SMB) services. In the U.K.

Digital Banking 172

Digital Banking Survey Online Report 172

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

MARCH 6, 2018

Citigroup is gearing up to launch a digital consumer bank that will be national in scope and will arrive within the next three years. Following on the heels of the financial crisis, Reuters reported the company pull away from having locations in smaller cities, as well as Texas, in an effort to slash costs. percent to $17.26

National 135

National Digital Banking Conference Texas 135

PYMNTS

MAY 3, 2019

European corporate banks are lagging behind their U.S. peers in terms of technology, a new report from Greenwich Associates found. In a blog post this week, the data and analytics company released its new report called “European Corporate Banking: U.S. banks at the forefront of implementing such solutions.

US 128

US Report Management Analytics 128

PYMNTS

APRIL 24, 2020

Banks are altering their customer interaction approaches to take precautions against further spreading COVID-19 while maintaining sound customer service practices. Exploring why banks need to implement these tools is critical as these technologies could them keep their customers satisfied and able to financially weather the pandemic.

Technology 248

Technology ATM Video Tools 248

Bobsguide

AUGUST 10, 2022

GFT has been identified as a leader in the field of digital banking by analyst firm Quadrant knowledge solutions. Cloud native digital banking solutions have set new standards in the industry. New banking entities can now be set up in as little as twelve weeks – compared to years when using legacy technology.

Digital Banking 68

Digital Banking Groups Technology Innovation 68

PYMNTS

MAY 28, 2019

There will always be teenagers, after all, and they have significant power and influence, along with a native mastery of mobile and other associated technologies. According to a report on Tuesday (May 28), a France-based “digital banking startup aimed at teenagers” called Pixpay has raised nearly $3.5. Banking App.

Digital Banking 139

Digital Banking Google Mobile Groups 139

PYMNTS

DECEMBER 17, 2019

Headlines are filled with reports of service outages and data breaches , and both banks and consumers are contending with rising fraud concerns as digital banking takes off. Fraud threatens everyone, yet customers rely on their banks for protection. The Technology Gap That Fosters Fraudsters.

Technology 142

Technology Fraud Data Security 142

PYMNTS

NOVEMBER 19, 2019

The Monetary Authority of Singapore is offering as many as five digital banking permits to non-banks to boost competition. Ant Financial produced a pre-tax profit in the neighborhood of around $200 million, according to Alibaba’s yearly report. billion ($1.1 billion) in capital and local control.

Digital Banking 101

Digital Banking Capital Taxes Groups 101

PYMNTS

OCTOBER 8, 2020

The fraud issue can make some customers more hesitant to utilize online banking — a recent report found that near half of online banking and mobile banking users that had experienced fraud were at least “somewhat concerned” about the issue. And meanwhile, 35.7

Report 247

Report Fraud Risk Management America 247