PYMNTS

AUGUST 22, 2019

Challenger banks are beginning to offer more robust suites of services beyond the mobile apps and prepaid cards with which they started. Legacy Banks and the Innovation Game. What I think these FinTechs can do is focus on one area. Challengers in North America, Europe and Latin America raised $2.5

Innovation 109

Innovation Digital Banking Fintech US 109

PYMNTS

JULY 23, 2020

This is just one of many questions PYMNTS, in collaboration with PSCU , set out to answer in the Credit Union Innovation Playbook: Card Trends Edition. We surveyed 3,098 consumers, 100 CU decision-makers and 50 FinTech executives from across the U.S. Moreover, 89.4 percent between February and May.

Innovation 174

Innovation Report Cards California 174

The Financial Brand

FEBRUARY 10, 2020

Fintech's patience paying off as it nears final hurdles, setting stage for major new digital banking competitor. The post FDIC Greenlights Mobile-First Fintech Varo Money for Deposit Insurance appeared first on The Financial Brand.

FDIC 15

FDIC Mobile Fintech Digital Banking 15

PYMNTS

JULY 29, 2019

In many cases, it also requires partnering with emerging FinTechs that are able to quickly deliver the innovations members want most. The new service, Flex Loan, is being offered by SkyPoint Federal Credit Union and was established through a partnership with cloud-based mobile lending platform QCash Financial. About the Tracker.

Pennsylvania 173

Pennsylvania Analytics Maryland Innovation 173

The Financial Brand

AUGUST 30, 2020

Senior executives reveal eye-opening digital growth statistics as the megabank unveils new mobile banking features and branch and ATM plans. The post Why BofA, not Fintechs or Amazon, Should Keep Bankers Awake at Night appeared first on The Financial Brand.

Fintech 39

Fintech ATM Branding Mobile 39

PYMNTS

AUGUST 17, 2017

With more consumers moving to mobile transactions over visits to branches, some banks are considering closing brick-and-mortar locations to reduce operational costs. With mobile banking technology on the rise, it has seemingly become more important than ever for banks to stay on top of the latest digital innovations.

Millennials 132

Millennials Digital Banking San Francisco Fintech 132

The Financial Brand

MAY 18, 2021

Neither financial institutions nor fintechs can go it alone as banking rapidly goes digital. The post Fintech-Bank Hybrids Are the Future of Banking appeared first on The Financial Brand. Partnering in some form will be required.

Fintech 35

Fintech Branding Innovation Strategies Digital Banking 35

PYMNTS

SEPTEMBER 17, 2019

Yes, there are more solutions available, and yes, new FinTechs are emerging to challenge the status quo and entice traditional banks to innovate. Phalen pointed to one financial institution partner of Visa that recently exemplified how FIs have made drastic changes in their payments innovation strategies.

Innovation 132

Innovation Payments Cards Industry 132

PYMNTS

JUNE 1, 2020

Customers have more options than ever in the banking industry, where they can find plenty of digital- or mobile-only challenger banks to replace older financial institutions (FIs) that have failed to keep up with their needs. This is similar to the card aggregation solutions that fellow FinTech Curve offers.

Innovation 132

Innovation Strategy Innovation Strategies Security 132

Insights on Business

APRIL 5, 2018

As the financial services industry continues to be disrupted by smaller, agile fintech startups, long-established financial institutions are looking for ways to keep pace. Innovative strategies and value propositions. One approach to accomplish this is to build, deploy and even monetize next-generation apps on the IBM Cloud.

Operations 102

Operations Analytics Software Data 102

The Financial Brand

AUGUST 3, 2020

The post Varo Disrupts Status Quo as First Fintech with National Banking Charter appeared first on The Financial Brand. The upstart challenger bank becomes the first to get OCC approval. Banking experts and Varo's CEO explain the potential impact.

National 33

National Fintech Branding Customer Experience 33

PYMNTS

MAY 29, 2020

The Tracker also analyzes the challenges established FIs are facing to innovate their platforms and why these banks must fundamentally shift their innovation strategies to meet these challenges. Developments Around The Cloud Banking World.

Digital Banking 230

Digital Banking Innovation Online Technology 230

The Financial Brand

JULY 17, 2017

The adoption of alternative fintech banking solutions is expanding globally, with payments and money transfer services being the most used.

Fintech 33

Fintech Payments Innovation Strategies Digital Banking 33

PYMNTS

JULY 18, 2019

In exploration of just who those natives might be, he explained, “These are the kids that actually have been born with a mobile device in their hand. As millennials rise through the ranks and within the ranks, we see the rise of what he termed “digital natives.”. The average age of a first-time phone owner in the U.S. is 10 years old.

Innovation 155

Innovation Study Technology Millennials 155

The Financial Brand

JULY 21, 2020

SoFi's bid to become a national bank may signal a new phase of fintech expansion. But experts say Square's ILC charter will have more impact. The post U.S. Challenger Banks Turn Up the Heat on Incumbents appeared first on The Financial Brand.

National 25

National Branding Fintech Innovation Strategies 25

The Financial Brand

NOVEMBER 7, 2016

Banking is investing in innovation, changing business models and partnering with fintech firms to respond to digital consumer expectations.

Innovation 27

Innovation Fintech Big Data Innovation Strategies 27

The Financial Brand

NOVEMBER 30, 2016

The Smart Savings Account™ from Moven provides a mobile-first savings option that includes tracking, gamification and incentives to save.

Mobile 12

Mobile Innovation Strategies Strategy Digital Banking 12

The Financial Brand

JANUARY 6, 2021

Financial institutions that want to stay in the game need to offer solid basic services before they get fancy. The post Sustaining Digital Banking Channels’ Explosive Growth in 2021 appeared first on The Financial Brand.

Digital Banking 43

Digital Banking Branding Innovation Strategies ATM 43

The Financial Brand

AUGUST 24, 2021

Giving consumers more control is seen as a big plus, but pressure from neobanks, Ally and Walmart could make PNC vulnerable on pricing. The post How PNC Adapted Its Virtual Wallet to Solve Overdraft Complaints appeared first on The Financial Brand - Banking Trends, Analysis & Insights.

Banking Trends 39

Banking Trends Analysis Trends Branding 39

The Financial Brand

JANUARY 11, 2021

The Chime juggernaut received a rocket boost from COVID's impact on consumers. What bankers must know about this tech-powered 'alt bank.'. The post Is Challenger Bank Chime the Future of Retail Banking? appeared first on The Financial Brand.

Retail 38

Retail Branding Customer Experience Innovation Strategies 38

The Financial Brand

JANUARY 12, 2021

While these disruptors may seem to lead a charmed life, their investors still want an ROI and as neobanks age they have to start producing. The post Will Neobanks Shift from Growth to Profit in 2021? appeared first on The Financial Brand.

Branding 34

Branding Innovation Strategies Strategy Digital Banking 34

The Financial Brand

FEBRUARY 15, 2021

The original U.S. challenger takes a different approach to disrupting. Hint: It requires a full-service balance sheet, not just a slick app.). The post The Neobank That’s Growing Like Crazy (and Earning Record Profits) appeared first on The Financial Brand.

Branding 33

Branding Customer Experience Innovation Strategies Strategy 33

The Financial Brand

JANUARY 6, 2021

Financial institutions that want to stay in the game need to offer solid basic services before they get fancy. The post Sustaining Digital Banking Channels’ Explosive Growth in 2021 appeared first on The Financial Brand.

Digital Banking 27

Digital Banking Branding Innovation Strategies ATM 27

William Mills

SEPTEMBER 7, 2016

Demoing – Bills for T-mobile – Brought in balance and due date. Provides mobile banking to banks and credit unions. Their API is already integrated in a few core systems and other fintech necessitates. Showing mobile “pay with points” which I think is browser-based on the mobile phone. This happens a LOT.

Mobile 40

Mobile Cards Fraud Data 40

The Financial Brand

MAY 17, 2015

These seven habits of digital banking organizations are vital to compete and succeed in the future.

Digital Banking 12

Digital Banking Innovation Strategies Apple Strategy 12

CB Insights

MAY 15, 2019

As fintech plays a larger role in the financial ecosystem, companies are looking for ways to use tech to solve problems and find new opportunities in the space. One popular approach: in-house financial innovation labs. Partnership Fund for New York City and Accenture — FinTech Innovation Lab. Get the entire 43-page PDF.

Innovation 78

Innovation blockchain Technology Groups 78