PYMNTS

AUGUST 3, 2020

Google’s expertise in building great user experiences and a highly-scaled and secure infrastructure is a great complement to BankMobile’s financial and regulatory expertise and its unique customer acquisition funnel in the higher education segment.”.

Google 239

Google Digital Banking Pennsylvania FDIC 239

PYMNTS

APRIL 30, 2018

Analysts said disappointing performance in its strategic imperatives group was to blame. That group, collectively, grew 17 percent and contributed 49 percent of revenue at the end of Q4 2017. All tout an easy user experience via a mobile app that helps users track and monitor spend. Digital Banks.

Fintech 183

Fintech blockchain Lending Digital Banking 183

PYMNTS

DECEMBER 11, 2019

As the open banking business model permeates into the B2B financial services market, FinTechs and traditional financial institutions continue to find new use cases for API integrations and connectivity to elevate the business-user experience. In the latest demonstration of FinTech-to-FinTech integration, U.K.

Fintech 132

Fintech Groups Data Strategy 132

PYMNTS

MARCH 20, 2020

FinTechs continue to push the envelope to see how far open banking frameworks can go in improving the SMB banking experience, and increasingly, SMB lending is shifting to the center of these collaborative efforts. ’s experience is quickly influencing the way SMB lenders approach open banking in other markets like the U.S. .’s

Lending 233

Lending Data User Experience Fraud 233

Abrigo

DECEMBER 22, 2023

As 2023 winds down, community banks and credit unions have worked hard to attract new customers and members and retain existing ones by streamlining processes and improving the end-user experience. In this article, lending and credit risk expert Dev Strischek of Devon Risk Advisory Group outlined the keys to construction loan success.

Lending 221

Lending Risk Management Community Management 221

PYMNTS

OCTOBER 18, 2019

Pay by Bank app offers a best-in-class digital payment solution that optimizes user experience while making transactions more secure and reducing fraud,” said Suren Nawalkar, senior vice president of consumer applications at Mastercard. Pay by Bank app (PbBa) — created by Vocalink, a Mastercard company — leverages the U.K.’s

Retail 116

Retail User Experience ATM Security 116

PYMNTS

JUNE 17, 2019

Instant collections from bank accounts via open banking rails provides a significantly lower cost alternative to cards for eCommerce merchants, as an example, and hence merchants can use incentive options at their disposal as one way to promote user adoption. You need incentives to swallow up the slightly clunky user experience,” she said.

User Experience 196

User Experience Examples Innovation Cards 196

PYMNTS

MARCH 16, 2018

“This collaboration with Alibaba.com will greatly benefit Qupital and our customers, especially as a new, fast-growing FinTech company,” added Qupital Founder Winston Wong. As a result, our clients can expect a seamless user experience that leads them to more efficient day-to-day operations.”.

User Experience 125

User Experience Capital Groups Fintech 125

Independent Banker

NOVEMBER 30, 2022

Super apps, or apps that aggregate online or mobile user experiences into one central location, have taken off globally. WeChat, a Chinese mobile messaging app that offers voice, text and group messaging; payments; games and more, boasts 1.29 billion users. Jordan Hirschfield, Mercator Advisory Group.

Community Bank 91

Community Bank Community Maryland Data 91

PYMNTS

JULY 1, 2019

The report analyzed a wide range of metrics, such as investment in innovation, on-time performance and new product development for three groups of FIs: small banks (with less than $500 million in assets), medium FIs (with $500 million to $25 billion) and large FIs (with more than $25 billion). percent in 2017. percent will focus on this area.

Innovation 157

Innovation Innovation Strategies Survey Groups 157

PYMNTS

JANUARY 22, 2020

Commercial cards remain only a fraction of the B2B payments space, but FinTech firms, banks and other financial service providers continue to develop new solutions aimed at boosting adoption. For companies like SmartEquip and Unified Payments Group , that means introducing new ways to lift the burden of suppliers accepting cards.

Cards 131

Cards New York Lending Strategy 131

PYMNTS

DECEMBER 4, 2020

Banking as a Service (BaaS) is poised to change the end user experience of corporates as they navigate the daily challenges of cash flow management, supply chain activity and the need to become digital-first.

Lending 224

Lending Meeting User Experience Innovation 224

Insights on Business

MARCH 7, 2019

Recently, a group of experts from Promontory Financial Group and IBM Watson Financial Services held a discussion on this very topic ( replay available here ). Why organizations need to focus on activating and empowering their first line of defense with simplicity and a great user experience design (UXD).

User Experience 93

User Experience Risk Management Compliance Regulation 93

PYMNTS

DECEMBER 13, 2018

In Rapid City, South Dakota, for example, MED5 Federal Credit Union (MED5 FCU) launched an upgraded website after collaborating with the FinTech OMNICOMMANDER , which works to provide CUs with a variety of online tools, including web design, social media and marketing services.

Regulation 135

Regulation South Dakota ATM New York City 135

PYMNTS

NOVEMBER 15, 2018

Many of the economically vulnerable foreign workers who make up one of the most active user groups are reliant on unlicensed agents. Grab’s product will let banked and unbanked senders remit money instantly and securely to recipients in another country using a GrabPay wallet. “We

Regional 139

Regional User Experience Operations Security 139

CB Insights

FEBRUARY 15, 2018

The wealth management industry is under siege by a new crop of “robo-retirement” fintech startups disrupting retirement savings. That said, these retirement vehicles are still vastly underutilized by employees due to high fees, poor user experience, and lack of education. Wealth Tech. Track Wealth Tech Startups.

Management 50

Management Fintech Guidelines Strategy 50

PYMNTS

APRIL 2, 2018

The entrance of non-bank FinTechs and alternative lenders, too, is adding new pressures on traditional FIs to up their digital games. Analysts say the tangible benefits of digitization and a happier end user are clear. They realized customer expectations have evolved to the point where they want an upgraded experience.”.

blockchain 171

blockchain Lending User Experience Mobile 171

PYMNTS

SEPTEMBER 23, 2019

To conduct our analysis, we divided our sample into four groups: • Core/IT-enabled: FIs that believe they are able to leverage both these systems effectively to support innovation. Core-enabled: FIs that consider only their core systems to be effective. • IT-enabled: FIs that consider only their IT infrastructures to be effective.

Innovation 118

Innovation Report System Resources 118

Insights on Business

NOVEMBER 12, 2018

Today, governance, risk and compliance (GRC) is being transformed by not only rapidly-evolving regulatory standards and growing costs of non-compliance, but also by the clear and present need for greater GRC adoption/engagement – by the first line of defense – while delivering added value by empowering business users.

Compliance 107

Compliance Technology User Experience Analytics 107

PYMNTS

SEPTEMBER 25, 2019

FairMoney recently raised $11 million in venture capital funding in a Series A round led by Flourish, a venture of The Omidyar Group, with DST Global and existing backers Newfund, Speedinvest and Le Studio VC also participating. FinTech is helping to transform daily consumer life in Nigeria and other developing markets. That’s not all.

How To 130

How To Lending Digital Banking Examples 130

CB Insights

DECEMBER 15, 2020

As with numerous other industries, the Covid-19 crisis has propelled digitization in the space — with fintechs and financial services incumbents alike. Consolidation will continue, even between fintech startups. 24 Industries & Technologies That Will Shape The Post-Virus World. Source: Deloitte.

Management 87

Management Fintech Industry Trends 87

NCR

MARCH 27, 2018

During the past four months, an industry working group has been involved in the development of the API standards and planning the pilot. The tests will be conducted by a subset of this group comprising six partners: ASB, BNZ, Datacom, Paymark, Trade Me and Westpac.

User Experience 65

User Experience System Industry Groups 65

PYMNTS

JANUARY 8, 2021

Taken across 70 indicators to measure the quality of customer experiences through checkout, a score increase reflects an improved user experience for consumers that leads to more seamless conversions. The year 2020 saw the overall index score rise by 2.2 percent for online and 1.4

Retail 261

Retail Online Mobile Customer Experience 261

PYMNTS

NOVEMBER 25, 2019

Does ‘Google Checking’ Foreshadow Big Tech, FinTech Payments Changes? Much is yet to be announced about Google Cache, but VB expects them to provide an experience layer, while letting the financial institution provide the account and handle the regulatory compliance. Google’s expertise is in UX design,” he noted. “By

Security 130

Security Payments Google UX 130

PYMNTS

OCTOBER 2, 2018

He described this as a “group of both business email compromise, BEC as it’s called, or CEO fraud.” Elsewhere, FinTech and crypto, as they come to market, offer up new avenues of fraud, and scrutiny by the good guys. Optimizing The User Experience. Relationships Preyed Upon. A note of caution rings.

Fraud 149

Fraud Course System Big Data 149

Independent Banker

JANUARY 31, 2022

Here’s how community bankers, payments experts and fintech vendors suggest using the time to prepare. As community banks plan to take the solution to market, how they structure the customer-facing product will be central to the user experience and ongoing adoption. Photo by Traveler1116/iStock. By Colleen Morrison.

Community Bank 91

Community Bank Community Resources Fraud 91

PYMNTS

DECEMBER 3, 2019

Eika Gruppen — a group of 77 banks across Norway to supply products and services for financial institutions — is bolstering its commercial card offering through an investment into payments technology firm EedenBull. Eika Invests In Corporate Card Innovation. ” Galileo Looks To Developers For B2B Card Innovation.

Cards 101

Cards Innovation Tools Study 101

PYMNTS

MAY 11, 2017

The app, called Undutchly, is a video game in the spirit of “credit card roulette,” intended to help a group settle a restaurant bill. Instead of a roulette wheel, users’ card data is tokenized and tucked away in one of several hiding places on the screen. Eating Your Own Dog Food? . In 2015, U.S.

Innovation 143

Innovation Mobile ATM Tools 143

Fintech Labs Insights

AUGUST 24, 2016

It’s 2016, and the red hot fintech sector has evolved immensely since Finovate first launched 10 years ago. With tech companies such as Uber and Venmo setting a higher bar for user experience, consumer expectations have also evolved. The post Fintech with The Jetsons at FinovateFall 2016 appeared first on Finovate.

Fintech 12

Fintech New York UX Lending 12

PYMNTS

APRIL 22, 2016

Case in point: Soundtrack Your Brand, which raised $11 million last week to provide retail stores with a music soundtrack service — not exactly the showcase for investor support of business FinTech. Platform Black also claims a zero default rate for FY2016.

Capital 100

Capital Security Software User Experience 100

NCR

JUNE 29, 2016

Wharton FinTech , the first student led FinTech initiative, has published two white papers on Millennials’ relationship with banks ( June 2015 and May 2016 ). Millennials’ heavy dependence on their mobile devices is matched by their high expectations for user experience. And, all four of the leading banks in the U.S.

Millennials 45

Millennials social media User Experience Branding 45

Insights on Business

NOVEMBER 16, 2016

In a speech to a YMCA group in 1915, Mr. Rickey said: “There is no luck. And in my 5 years as a partner in the financial services arm of IBM’s Interactive Experience unit, I’ve also come to believe that innovation is the residue of design, as well. I also know him for something he said several decades earlier.

Innovation 117

Innovation Management User Experience Leadership 117

PYMNTS

JULY 18, 2019

This group has a relationship with technology that has never been seen before … and when I say technology, I am talking about all components of technology.”. The average age of a first-time phone owner in the U.S. is 10 years old. Think about growing up with a device in your hand watching videos on an iPad at 3 years old on the couch.

Innovation 155

Innovation Study Technology Millennials 155

FICO

AUGUST 19, 2022

Worse, smelling blood in the water, venture capitalist are pouring record amounts of investment into the next generation of fintechs and insurtechs. So, where’s the “intelligence” in today’s “enterprises,” and the digital customer experiences digital transformation promised to deliver? Jim Neumann. See all Posts.

Customer Experience 52

Customer Experience Analytics Strategy Management 52

Lex Sokolin

SEPTEMBER 3, 2020

You would not be able to design this user experience, nor this attention platform without a technology footprint that began with cloud computing and the Internet. the narrow ambition of banking-as-a-service), and more the data, media, and e-commerce experience of Amazon and Facebook with financial product monetization.

blockchain 52

blockchain Software Capital Technology 52

PYMNTS

SEPTEMBER 27, 2019

s Nationwide Building Society did not disclose how much it invested in BankiFi , but it did say that it’s support to the open banking FinTech comes as Nationwide plans to launch a business current account. Below, PYMNTS breaks down how more than $420 million in funding landed with B2B startups.

Payments 149

Payments Capital Taxes Lending 149

Insights on Business

JUNE 20, 2018

In today’s global marketplace, financial services firms must grapple with competition, increasing regulation and market volatility while also maintaining profitability and growth in a world disrupted by emerging technologies and fintechs. One significant challenge lies in how firms manage risk. OpenPages 8.0

Regulation 70

Regulation Compliance Analytics System 70