Bank Innovation

MARCH 1, 2017

Here’s a riddle: Does more mobile banking make consumers like their financial institution? That according to a new survey released today by Fiserv, the financial technology company. The answer, alas, appears to be no.

Mobile 150

Mobile Millennials Study Survey 150

PYMNTS

FEBRUARY 19, 2020

PYMNTS’ recent Making Real-Time Payments a Reality: Rising Demand for Real-Time Payments report, a collaboration with Mastercard, found that two-thirds of corporate survey respondents said they are either “very” or “extremely” aware of real-time payments – and even more are interested in using the functionality.

Payments 287

Payments Fraud Survey Fintech 287

PYMNTS

NOVEMBER 13, 2018

Analysts described the scenario as a “red flag” for banks, with half of the corporate treasurers surveyed saying they have considered switching providers in the last year. Increasingly, treasurers want to streamline operations by consolidating their financial services under fewer providers, the report noted.

Survey 128

Survey Fintech Analysis Report 128

PYMNTS

OCTOBER 31, 2016

Treasurers from the largest corporations are more likely to invest in newer financial technologies, found a new report from East & Partners and Contentive Media. East & Partners outlined its findings in the Treasury FinTech Index, which surveyed treasurers across geographic markets. He noted that the U.S.

Fintech 100

Fintech US Financial Technology Technology 100

PYMNTS

JANUARY 7, 2019

Of those surveyed, said the GAO, nine of the 11 said that regulatory uncertainty has been a hurdle in credit expansion. The bill , titled the “Financial Technology Sandbox Act,” was introduced as 2019 dawned, and will allow new financial products to be tested in the state.

Lending 150

Lending Fintech Data Wyoming 150

PYMNTS

JANUARY 20, 2020

The document states that the RBA (and its Innovation Lab) has been focusing on the digital dollar being used as way to facilitate payments between banks as they settle balances and conduct wholesale activities between themselves. Consider the fact that, as the paper noted, there seems to be uncertainty about demand for a CBDC.

Retail 219

Retail Payments Bitcoin Policies 219

PYMNTS

JANUARY 25, 2019

It is, in part, why businesses are digitizing and adopting technology, as they look toward software solutions that can unlock information more quickly. With organizations surveyed by IDG estimating that they spent an average of $3.5 the financial services industry has taken on the issue of a lack of API standardization.

Data 173

Data Survey Analysis Software 173

PYMNTS

MAY 21, 2019

Bundesbank, Germany’s central bank, said increased use of financial technology in the country could present regulators with their biggest hurdle since the financial crisis, according to a report by Bloomberg. “We A survey by EHI Retail Institute showed that last year, card payments made up 48.6 percent.

Digital Strategies 122

Digital Strategies Cards Technology Regulation 122

Tech and Finance

JUNE 14, 2018

In a recent blog at Articulate Communications I wrote about the number of surveys that public relations firms send out, and how useless many of them are. I just reviewed my Inbox to see what the recent evidence is…the results are below and include six surveys I have received so far today.

Survey 28

Survey Millennials Fraud Mobile 28

PYMNTS

MAY 11, 2020

He referenced a survey by the Bank for International Settlements that showed 80 percent of the 66 central banks polled are working on CBDCs. Ready to embrace financial technological innovation which has the potential to transform payments and money faster, and in more disruptive ways, than ever before,” he said.

Retail 130

Retail Conference Maine Policies 130

PYMNTS

DECEMBER 18, 2020

“Companies are adjusting their AP practices to better suit work-from-home operations, according to recently released results of a survey taken from May to June. financial executives found that 91 percent were investing in financial technologies intended to help with newly remote operations. The poll of 325 U.S.

Payments 160

Payments Cards Report Tools 160

PYMNTS

JULY 14, 2016

You may not have heard of this engineer, but if you use an Android smartphone, you probably use his technology. Reports on Wednesday (July 13) said Taylor has founded a company to provide financial institutions with a blockchain-based operating system. At present, Taylor said about 10 banks are working with the Vault OS technology.

blockchain 100

blockchain Google System Fintech 100

Gonzobanker

DECEMBER 19, 2022

1 issue raised by CEOs in our surveys, bankers had to craft a new and compelling post-Covid value proposition to attract it. Let’s see how this new scale allows for big investments in future innovation. His passion for innovation, community, culture, and clients provides a leadership template for all future GonzoBankers.

Community 216

Community Fintech Industry Innovation 216

Celent Banking

SEPTEMBER 30, 2015

These are a handful of the topics discussed at this week’s Customer Experience for Financial Services (CXFS) Conference, organized by Worldwide Business Research in Charlotte, NC. The CXFS conference was all about the “voice of the customer” (VoC) and how financial institutions (FIs) can improve their customer “listening” skills.

Customer Experience 100

Customer Experience social media Charlotte Conference 100

Perficient

JULY 11, 2022

According to a survey by Lending Tree , nearly 70% of BNPL users admit to spending more on purchases when BNPL is an option than they do if they have to pay for everything upfront, bringing up the average value per order and resulting in higher profits for participating merchants. According to Kristen E.

Fintech 474

Fintech Trends South Dakota Apple 474

PYMNTS

MAY 3, 2019

Small businesses (SMBs) are rarely early adopters of new financial technology (FinTech). However, with business owners and entrepreneurs often taking a page out of their personal lives as consumers, the eventual adoption of emerging solutions is an inevitable part of FinTech innovation.

Payments 151

Payments Fintech Customer Experience Technology 151

PYMNTS

JANUARY 20, 2020

The document states that the RBA (and its Innovation Lab) has been focusing on the digital dollar being used as way to facilitate payments between banks as they settle balances and conduct wholesale activities between themselves. Consider the fact that, as the paper noted, there seems to be uncertainty about demand for a CBDC.

Retail 100

Retail Payments Bitcoin Policies 100

PYMNTS

NOVEMBER 21, 2016

Researchers agreed that this shows a continually high level of interest in the financial technology and innovation space among investors, despite the overall drop in VC funding. SMEs say friends and family have invested in their business, either financially or by providing operational or emotional support. 83% of U.S.

Strategy 100

Strategy Lending Capital America 100

William Mills

FEBRUARY 7, 2017

Free report designed for the financial industry provides vendors and bankers better technology insights and a check against their own technology priorities. Leading industry analysts, consultants, bankers and financial technology professionals share commentary as well as insights on trends for the year.

Report 40

Report social media Customer Experience Industry 40

PYMNTS

JANUARY 9, 2019

While financial services (FinServ) innovations often emerge with built-in security measures, new market trends — including faster payments and open banking — are introducing new security threats to corporate treasury departments, according to cybersecurity company BioCatch.

Payments 141

Payments Fraud Security Data 141

NCR

AUGUST 29, 2017

One of the potential advantages of this technology is making person-to-person payments easier for people with additional needs. The talking ATM is another example of an innovation that has helped to improve accessibility in financial services. In a recent survey by U.S.

Payments 51

Payments ATM Apple Mobile 51

Independent Banker

FEBRUARY 24, 2016

Thus, it’s not shocking that millennials are a driving factor in the growing financial technology, or FinTech, movement. Financial institutions are quickly rethinking how to engage the largest generation in American history and restructuring traditional banking processes, and it’s all centered on creating more accessible technology.

Millennials 70

Millennials San Francisco Bitcoin cryptocurrency 70

PYMNTS

JUNE 30, 2016

“The fact that so many consumers are working with a financial services institution they don’t trust has significant financial implications,” Jeremy Bowler, SVP of Financial Services at Market Strategies, said in a statement. “It

Marketing Strategies 102

Marketing Strategies Study Meeting Strategy 102

PYMNTS

JULY 17, 2017

Innovation never sleeps and, from the current shape of things, it is also safe to assume that it isn’t much for taking a summer vacation, either. In this case, the headache comes from the order-ahead technology that has made Starbucks a consumer favorite — and left its staff feeling a bit tapped out.

Data 100

Data Survey Fintech Regulation 100

PYMNTS

APRIL 10, 2020

percent in our latest survey. Deals have a way of continuing to happen, and this week the FinTech world saw a big one in the form of SoFi snapping up Galileo Financial Technologies for a total price of $1.2 The ones that aren’t innovating, Burkhart said, might not emerge at all. percent to 3.3

Mobile 170

Mobile Payments Cards Branding 170

Independent Banker

OCTOBER 29, 2014

Large banks and nonbanks, merchants and technology companies are pressing to solidify their inroads into the financial transaction business. Research and everyday observation show how consumers are increasingly using mobile technologies. It’s become a familiar story, usually with a new splash. Ed Bachelder, payments consultant.

Mobile 105

Mobile Community Bank Community Technology 105

William Mills

FEBRUARY 4, 2016

No-cost report chronicles emerging technologies and insights driving financial institution technology plans. William Mills Agency, a premier financial public relations and marketing services company, released its 13th annual financial services industry research report, Bankers As Buyers 2016.

Report 40

Report Big Data Analytics Strategy 40

Fintech Labs Insights

APRIL 25, 2017

Today on Day One we will introduce you to the latest innovations of 35 Finovate newcomers and veterans – the latter including four alums that have earned Best of Show awards. And the diversity of financial technologies that is the hallmark of Finovate conferences will be in full effect from the very first demo session Wednesday morning.

Conference 21

Conference Video Financial Technology Analysis 21

PYMNTS

APRIL 25, 2016

According to Conferma, 66 percent of CFOs surveyed said they acknowledge their current way of doing things takes too much time; 58 percent said it costs too much money. It’s become almost a mantra for the corporate world that often struggles to adopt more sophisticated financial technologies. The Struggle To Change.

America 100

America Mobile Payments Cards 100

NCR

FEBRUARY 20, 2017

In financial technology, we now use this same approach to engage with consumers, and in return, enhance brands and services. Contextual banking uses smart devices, including voice-enabled attributes, to communicate with us and read our physical and virtual spaces to inform our financial decision-making. Moving forward.

Analysis 45

Analysis Branding Resources Survey 45

Banking 2020

OCTOBER 30, 2015

With all due respect to tradition, our business is on the cutting edge, which includes a steady stream of new tools and technologies. Focusing specifically on that evolving demographic known as millennials, the survey of 1,500 respondents aged 18-34 reveals that nearly three-quarters visit a branch once a month or less.

Community 40

Community United States Survey Millennials 40

PYMNTS

OCTOBER 28, 2019

Accelerate offers FinTechs easy onboarding to access and integrate all of Mastercard’s specialized tools and proprietary technology. Mastercard Accelerate is a single doorway to the countless ways Mastercard can help FinTechs all over the world grow and scale sustainably,” said Mastercard Chief Product and Innovation Officer Michael Miebach.

Fintech 101

Fintech Survey Innovation Data 101

PYMNTS

AUGUST 12, 2019

That also means the participation of FinTechs in making banking safer, more innovative and more seamless is vital — as are application programming interfaces (APIs). It’s been an interesting couple of years,” Johnson said, with some understatement, when surveying the landscape of recent change in the financial services world.

Payments 188

Payments Fintech US Innovation 188

Fintech Labs Insights

OCTOBER 16, 2016

Many of Sberbank clients actively use new technologies, and an increasing number of them will prefer cash-free and contactless payment using their smartphones.” NACHA has imposed a same-day fee on every same-day ACH transaction to help financial institutions receiving the funds to recover the cost to enable same-day ACH.

Trends 12

Trends Fintech blockchain America 12

PYMNTS

JANUARY 21, 2019

There, PSD2 was designed to encourage FinTech and payments innovation. News of the new Alipay license to operate in Europe comes as a new survey provides evidence of how desirable mobile payments are to Chinese tourists. The proliferation of mobile payments has helped to increase sales for local merchants, the survey noted.

Trends 185

Trends Payments Fintech Mobile 185

PYMNTS

FEBRUARY 22, 2017

There is some concern that widespread financial regulations like Basel III may lead economies to lose sight of FinTech innovation and overall economic growth. Corporates in particular are struggling with some of these financial reforms, according to research from the U.S. Chamber of Commerce released last year.

Compliance 135

Compliance Regulation Management Fintech 135

PYMNTS

JANUARY 2, 2017

It was a busy year throughout the world of payments, with plenty of new technology making headlines along the way. Prpic and his team are hoping to use VR technology to transform luxury and high-end retail as we know it. McDowell said that he was not surprised to see such big names readily invest in the technology.

Retail 123

Retail Millennials blockchain Mobile 123