PYMNTS

AUGUST 21, 2019

Legacy banks have their work cut out for them if they want to survive another century as key players in the digital banking world. This is driving legacy banks to take a closer look at their own products and strategies, with many rising to the challenge. Around the Digital Banking World. About the Tracker.

Trends 194

Trends Digital Banking Innovation Regional 194

PYMNTS

SEPTEMBER 22, 2020

Banks from the United States to Europe are closing bank branches as consumers embrace digital banking amid the pandemic. The company has opened a minimum of 13 “solutions centers” in places such as Nashville, Tennessee and Dallas that provide an alternative to the usual bank office.

Pennsylvania 210

Pennsylvania Nashville Indiana Tennessee 210

PYMNTS

OCTOBER 10, 2019

Consumers have noticed the rising levels of fraud in digital banking, and they are not pleased. Many want more options and control when it comes to their security. percent of customers agreed that mobile transactions would be more secure if the consumers themselves had more control over their authentication options.

Fraud 126

Fraud Digital Banking Strategy Security 126

PYMNTS

APRIL 2, 2020

Competition for customers — especially millennials — from larger banks and FIs has long required credit unions to keep pace with their more innovative counterparts. This often means providing digital solutions and convenient banking options despite smaller technology and innovation budgets, however.

United States 174

United States Security Innovation Mobile 174

Gonzobanker

JUNE 7, 2023

The launch of Charlie points to an underserved niche in banking: older adults. In mid-May, a digital bank account for the 62+ crowd debuted in the United States. Yes, Chime offers advancements on Social Security payments, but make no mistake: The popular neobank’s target audience is young adults.

Los Angeles 118

Los Angeles Fintech Digital Banking Tools 118

PYMNTS

MAY 27, 2020

The COVID-19 pandemic is accelerating the pace of digital innovation across the financial sector, and credit unions (CUs) are no exception. Deep Dive: Offering An End-To-End Customer Experience Through ATMs. About The Tracker.

ATM 243

ATM Innovation Meeting United States 243

PYMNTS

JULY 27, 2020

Financial institutions (FIs) are still struggling to respond to the rise in digital banking adoption spurred by the pandemic. The increase in digital banking use has also breathed new life into the discussions surrounding the technology FIs are employing to make sure they can offer this level of support.

Digital Banking 202

Digital Banking Technology Apple Examples 202

PYMNTS

DECEMBER 20, 2017

What do track and field stars, NASCAR drivers and millions of businesses owners around the United States have in common? While more speed may mean more endorsement money for athletes, it means faster settlements and more efficient business for commercial banking customers. They all have an appreciation for speed.

Payments 209

Payments United States Digital Banking Fraud 209

NCR

MARCH 22, 2017

Today, millennials are the largest generation in the United States – and their levels of entrepreneurship are unprecedented. In three key areas, digital innovations are already creating a more tailored, more productive, and more secure bank branch by: Offering customized and personal experiences for clients and customers.

Millennials 49

Millennials Innovation Digital Banking Security 49

PYMNTS

DECEMBER 16, 2020

After Mexico, India and China account for most of the individuals and consumer funds flowing into the United States. The global capabilities of i2c throughout North America, Asia and Europe will let Aeldra grow at a fast clip to provide banking offerings in the United Kingdom, Canada and in other places, according to the announcement.

United States 168

United States FDIC California Mobile 168

PYMNTS

NOVEMBER 17, 2020

Consumers’ banking habits have changed radically since the pandemic was first declared in March. Not only are many account holders visiting brick-and-mortar branches less often than they did before the pandemic, but many are also more reliant on digital banking channels — particularly mobile banking apps — than they have ever been.

UX 234

UX Mobile Data United States 234

PYMNTS

AUGUST 22, 2018

Bad actors aren’t just stealing sensitive information; they are hoping to wreak havoc on airport security in the U.S. Fortunately, security players are working to roll out solutions to help stem the tide of bad actors, both online and in the real world. Security threats aren’t just limited to online platforms.

Trends 101

Trends US Fraud Security 101

PYMNTS

JULY 10, 2020

The need for both innovation and security comes at a time when open banking is gaining a foothold in the United States due in part to the pandemic. In recent years, we’ve seen the heavily regulated version of open banking in the E.U.,” Regulation Vs. Market Forces. Cohen said. Checks And Balances.

Data 272

Data Innovation Fintech Illinois 272

PYMNTS

JULY 29, 2019

Mastercard is also working to improve its financial services by expanding open banking and digital banking services. The company introduced a new open banking platform in June that supports connectivity, security and compliance, dispute resolution and consulting services.

Payments 117

Payments Portland Oregon United States 117

PYMNTS

FEBRUARY 7, 2019

Ruchir Rodrigues, the head of digital and open banking at Barclays , said that Bink, which was founded in 2015, “created a practical and innovative solution to an everyday problem,” and that Barclays is excited to help Bink grow.

United States 180

United States Mobile Innovation Cards 180

Javelin Strategy & Research

NOVEMBER 7, 2023

Banner Section Home Rss.xml 2024 Trends & Predictions Javelin’s Trends & Predictions reports look at the coming year across the range of Javelin Strategy & Research’s practice areas—digital banking, fraud & security, payments, and wealth management—and highlight the compelling challenges and opportunities likely to emerge.

Trends 45

Trends Fraud Digital Banking Strategy 45

Fintech Labs Insights

NOVEMBER 10, 2023

Consumers have been banking online for 28 years. And from the very beginning, there have been pure-play digital banking startups. The first, online bank Security First Network Bank (SFNB) launched in 1995, just a year after Amazon.com. But unlike ecommerce, digital-only banking was slow to catch on.

Digital Banking 15

Digital Banking Online Atlanta Las Vegas 15

PYMNTS

MAY 4, 2017

In the latest webinar series, PYMNTS’ Karen Webster jumped into the findings of the Global Cash Index, gaining a sense of the story behind the numbers in the United States and the Americas in general. Among the core reasons for this: The perception that the use of cash was more secure. Keep a lid on the casket talk.

ATM 192

ATM Millennials United States Study 192

PYMNTS

NOVEMBER 13, 2018

Against that backdrop, it might make sense that banks and other financial institutions should turn to ID beachheads such as the Department of Motor Vehicles and other government locations where IDs spanning, say, birth certificates and social security cards, are part of daily life.

Fraud 128

Fraud Security United States Analytics 128

Gonzobanker

AUGUST 24, 2023

High interest rates have forced many banks to pay more to retain deposits (often via brokered deposits), while many institutions have seen deposits flee to higher-yielding money market funds. Rising interest rates depress the value of low-rate securities and loans. Bond losses.

Innovation 146

Innovation United States Industry Technology 146

PYMNTS

MAY 15, 2019

In addition, the company will reportedly expand its blockchain services beyond Korea, the United States, and Canada. The revelation comes after reports last month that Samsung was planning to develop its own proprietary blockchain network , as well as launch its own cryptocurrency token.

Samsung 191

Samsung blockchain Bitcoin FDIC 191

PYMNTS

OCTOBER 8, 2019

As Magnus Larsson, CEO of Majority , told PYMNTS in an interview shortly after the firm’s launch, no matter where they are from, where they work or how much they make, migrant workers all face a common problem in the United States: Financial services are not always easy to secure.

Community 126

Community United States Meeting Houston 126

NCR

AUGUST 14, 2017

Even if they are a shrinking part of a bank’s base, these consumers remain too numerous to be ignored. Assuming that everyone will naturally make the transition to digital banking at their own pace will be a mistake, and may see banks lose customers as people turn to financial institutions who they feel can better cater to their needs.

Online 85

Online United States Millennials Digital Banking 85

PYMNTS

OCTOBER 8, 2019

As Magnus Larsson, CEO of Majority , told PYMNTS in an interview shortly after the firm’s launch, no matter where they are from, where they work or how much they make, migrant workers all face a common problem in the United States: Financial services are not always easy to secure.

Community 116

Community United States Meeting Houston 116

PYMNTS

SEPTEMBER 30, 2019

Once upon a time in the 1960s, banks were building a series of one-off card-based solutions, much the way today in the ending days of the 2010s we see global digital banking, mobile wallets and alternative underwriting schemes building one-off tech-based solutions for financial services products.

Marketing 211

Marketing Fintech Cards Branding 211

PYMNTS

OCTOBER 6, 2017

A recent whitepaper by Cardtronics , in partnership with Edelman Intelligence for its 2017 Health of Cash study , has been titled “ In a Digital World, Cash is Resilient.” That study, the third annual, surveyed 1,000 adults across the United States. That environment renders digital banking inaccessible.

United States 119

United States Study Cards FDIC 119

Insights on Business

DECEMBER 27, 2017

You would be hard-pressed to find tech industry jargon spoken and written about as much as the secure ledger technology known as blockchain. Highlighted in the blog are the prominent benefits of blockchain technology, trust and security. The future of financial services: The cognitive bank”. Banking the unbanked in India”.

Fintech 129

Fintech blockchain Fraud United States 129

PYMNTS

AUGUST 23, 2019

BoA Looks to Create Multi-Currency Digital Wallet. The North Carolina-based bank filed a Multi-Tiered Digital Wallet Security application in February 2018 with the United States Patent and Trademark Office, according to a report. LendingClub CEO On Interest Rates, Credit … and the Bank Charter Quest.

Lending 109

Lending North Carolina Fraud United States 109

PYMNTS

JANUARY 16, 2020

As stated in the agreement : “The United States emphasizes trade secret protection. For example, a deadline that would have lifted ownership caps on the securities industry — spanning brokerages, underwriting and investment banking — is being lifted by April 1, not December, as had been previously planned.

Payments 132

Payments social media Operations Examples 132

Gonzobanker

DECEMBER 14, 2023

Former Bank of America CEO Richard “Dick” Rosenberg , a legendary banker and prolific philanthropist who went on an acquisition tear to make BofA the second-largest bank in America at the time. We remember his architecting the legendary Bank of America and Security Pacific merger on the West Coast.

Fintech 194

Fintech Community Regional Technology 194

PYMNTS

APRIL 27, 2017

This according to the latest volume of the Internet Security Threat Report published today by software company and security product provider Symantec. The United States bore the brunt of this rise, Haley said, in a number of ways. Lastly, Haley said that even with good security, ransomware can still happen.

US 124

US National Security United States 124

PYMNTS

MARCH 19, 2019

Consider the fact that roughly half of business payments in the United States are still done via checks. Moving From Analog To Digital. Ferrabee said that, as payment methods proliferate, there is still work to be tackled amid an ongoing effort to marry payment efficiencies and safety to a digital cash transformation.

Data 216

Data Payments United States System 216

PYMNTS

JULY 16, 2018

We have investigated the matter thoroughly, addressed the cause and, as a precaution, have implemented additional security measures,” Macy’s said in an emailed statement. Macy’s was able to confirm that social security numbers were not accessed — but that data like birthdays and addresses might have been.

Cards 100

Cards Data Digital Banking Retail 100

PYMNTS

APRIL 28, 2017

This according to the latest volume of the Internet Security Threat Report published today by software company and security product provider Symantec. The United States bore the brunt of this rise, Haley said, in a number of ways. Lastly, Haley said that even with good security, ransomware can still happen.

Security 157

Security Software National Report 157

PYMNTS

MAY 29, 2020

NEW DATA: Inside Main Street SMBs’ Digital Shift. The lockdown of the United States economy quickly and radically changed the way consumers browsed, shopped and paid for services as well as goods — and not all small and medium-sized businesses (SMBs) were prepared. Consumers expect secure and fast access to digital tools.

Maine 130

Maine ATM Innovation Millennials 130

PopularBank

OCTOBER 28, 2020

Of the 11 branches closing, eight are within two miles of another Popular Bank branch. Customers will continue to have access to Popular’s digital banking tools, as well as the 55,000 ATMs within the AllPoint Network 1 across the United States. Cautionary Note Regarding Forward-Looking Statements.

Puerto Rico 52

Puerto Rico New York Metro Community 52

PYMNTS

FEBRUARY 14, 2020

The consumer bank will be divided into one section focused on consumer lending, and the other on branches and small businesses. Is No-Factor Authentication Digital Security’s Future? Speed matters for FinTechs aiming to bring new products to market digitally and to target consumers not well served by traditional banking models.

Retail 141

Retail Cards Millennials Fraud 141