Remove Fintech Remove Innovation Remove Security Remove UX
article thumbnail

Weekly Wrap: Luge Capital courts early-stage fintechs, as payment providers rustle with UX and data privacy

Bank Innovation

In this episode, Suman Bhattacharyya, deputy editor, and Angely Mercado, associate editor, discuss the following news developments: Canadian venture firm Luge Capital’s approach to fintech investments; How banks are navigating Zelle’s UX as transaction volume grows; and […].

UX 170
article thumbnail

REPORT: Payment Tech Tops FIs’ Innovation Agendas

PYMNTS

However, financial institutions (FIs) are getting better at separating vital areas of innovation from the hype. Banks are increasingly focusing on the fundamentals when determining their innovation agendas. Payment technology is in many ways the flagship among the fleet of innovations that banks are pursuing.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Why The Bank-FinTech Relationship Is More Complicated Than Conflicted

PYMNTS

The ongoing struggle, supposedly existential in nature, that pits upstart, relatively young FinTech firms against arrogantly complacent banks for supremacy in this new and growing world of digital payments and commerce. Instead, as PYMNTS has regularly reported, the situation is much less black-and-white than the article suggests.

Fintech 191
article thumbnail

Why Legacy Banks Have Mobile App Advantages

PYMNTS

A consumer’s sense of security and trust can be a funny, even unpredictable thing, especially when it comes to payments, banking and commerce. Good UX vs. Security. That said, Oosthuizen noted, those younger developments often tend to focus on “good UX and the consumer experience — in terms of what works.

Mobile 184
article thumbnail

Driving innovation in risk management: Financial risk APIs designed and engineered for the cloud

Insights on Business

Each of these services utilizes key capabilities of the IBM Cloud to manage everything from security to scalability. This allows for new innovative operating models such as an SLA that says: “run my risk simulation in 4 hours, regardless of the size.” To illustrate this capability, we’ve built a number of demos and starter kits.

article thumbnail

Who Owns Digital? Ugh, That’s the Problem for Bankers

Gonzobanker

When a bank operates this way, the focus tends to be around operational uptime, security, and incident management while insufficient attention is given to the end-user customer experience. Many embarrassing customer incidents or precarious security holes can be traced back to incorrect configuration or fragile interfaces.

article thumbnail

Shoring Up FIs ‘Deteriorating Advantage’ Over Big Tech

PYMNTS

One spur toward digital innovation, for collaboration and cross-pollination for FIs, comes via open banking. Cohen said financial institutions are being prodded by competition from tech firms to innovate more quickly, to have their pulse on what consumers want. Open Banking. There are nuances to consider. Build or buy?