Bank Innovation

JANUARY 4, 2018

While fintech has made headway in consumer banking, commercial applications have remained a little behind the curve. However, more professionals in finance are looking to fintech providers for technological innovation, a survey by TD Bank released yesterday found.

Innovation 290

Innovation Fintech Survey Technology 290

Bank Innovation

AUGUST 26, 2019

This is the second article in a two-part series on bank-fintech collaborations based on the 2019 State of Banking Innovation Survey, a study conducted by Bank Innovation and INV Fintech. Even […].

Innovation 186

Innovation Fintech Study Survey 186

Bank Innovation

MAY 18, 2017

In its ongoing pursuit to be the go-to hub for fintech insights and ideas, Bank Innovation has garnered a dedicated following of more than 65,000 monthly readers, nearly 40,000 Twitter followers, and almost 21,000 exclusive LinkedIn group members. Please take a moment to complete […].

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Innovation Survey US Groups 236

Bank Innovation

SEPTEMBER 14, 2018

Banks and fintech ranked artificial intelligence and machine learning as their top innovation priority, according to a Bank Innovation survey. Bank Innovation asked people in the banking and fintech community to list what’s top on their innovation wish list.

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Innovation Survey Fintech Community 186

PYMNTS

DECEMBER 27, 2016

A new survey from the group published earlier this month found that 83 percent of treasurers are gearing up to upgrade existing technologies, or implement entirely new ones, in the coming year. Capital One’s Treasury Management Group is already looking ahead to how corporate treasurers will face the most modern of challenges in 2017.

Innovation 182

Innovation Fintech Capital Survey 182

Bank Innovation

AUGUST 8, 2018

A recent survey from the lending platform Lendtech, provides further evidence that banks and lending platforms must digitize the loan application and servicing process to capture today’s borrowers. LendTech, a member of the current cohort of this site’s sister accelerator INV Fintech, conducted a […].

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Survey Lending Fintech Online 256

PYMNTS

OCTOBER 14, 2020

Head Keith Grose and Innovate Finance CEO Charlotte Crosswell told Karen Webster as part of a recent PYMNTS TV session on London’s FinTech environment, in partnership with London & Partners, the official international trade, investment and promotion agency for London. When we were looking to expand outside of the U.S.

Fintech 258

Fintech Industry Innovation Charlotte 258

PYMNTS

JANUARY 18, 2018

Regulation has undoubtedly acted as a catalyst to major financial services trends in areas like small business (SMB) lending, faster payments and, most recently, open banking and collaboration with FinTechs. In its Global Banking Outlook 2018 survey , EY assessed 221 financial institutions across 29 markets. Competitive Disruption.

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Regulation Innovation Fintech Marketing 156

Chris Skinner

OCTOBER 4, 2017

I get lots of input from many sources, and one of the ones I like is the innovation survey of banking produced annually by EFMA with Accenture.

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Trends Innovation Retail Survey 305

PYMNTS

APRIL 29, 2020

The April 2020 New Payment Flows edition of PYMNTS’ Credit Union Innovation Playbook series, a PSCU collaboration, looks into the credit union (CU) space at a pivotal moment: Many concepts, from eating to shopping to traveling and, of course, how we pay, have changed forever. CUs value innovation that benefits members.

Innovation 152

Innovation Payments Millennials Survey 152

PYMNTS

JULY 1, 2020

A PYMNTS survey of 3,000 U.S. The details are offered in Building a Better App: Banks and the Innovation Imperative Report , a collaboration between PYMNTS and Ondot Systems, the Silicon Valley-based FinTech.

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Survey Cards Millennials ATM 183

Bank Innovation

AUGUST 14, 2018

Realtime payments are at the top of the innovation wish list for most banking professionals. According to a survey from TD Bank, released today, 42% of payment professionals cited integration of realtime payments system as the number one factor that could have the greatest impact on the industry.

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Innovation Payments Survey System 231

Perficient

JULY 11, 2022

Here are critical facts to know about some of the most popular BNPL service platforms: Afterpay: Afterpay was founded in Australia in 2014 but was acquired by fintech Square earlier this year. Fintech enthusiasts should also keep a close watch on Apple’s newly unveiled BNPL system, Apple Pay Later. According to Kristen E.

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Fintech Trends South Dakota Apple 474

PYMNTS

MARCH 12, 2020

Many CU executives express growing concerns about the looming competitive threat posed by digital-first competitors, including not only challenger banks like Chime, Ally and GoBank, but also BigTech and FinTech firms, from PayPal, Google and beyond. We surveyed 3,908 U.S. We surveyed 3,908 U.S. As much as 41.4

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Innovation Data Fintech Google 192

PYMNTS

DECEMBER 2, 2020

However, figures show that a majority of executives are in the midst of digital transformations, where 83 percent of financial services executives surveyed say that they’ve innovated with payments technology this year. Addressing The Chokepoints .

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Innovation Payments Cards Fintech 199

PYMNTS

JUNE 30, 2020

The Bank for International Settlements ( BIS ) Innovation Hub is planning on adding four new locations in Europe and North America, according to a press release. The Innovation Hub was launched in 2019 as a way for central banks to collaborate on various innovative solutions to problems, PYMNTS reported.

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Innovation Cyber Security New York Survey 148

PYMNTS

NOVEMBER 11, 2020

Fintech Partner Connect will “support new ways for businesses and consumers to seamlessly and securely pay, get paid, send money and more,” a spokesperson for the credit card and financial services giant said in an email announcing the new program on Visa on Wednesday (Nov.

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Fintech Compliance Online Survey 277

PYMNTS

AUGUST 16, 2018

Those are some of the common myths of innovation , and they apply to the payments world. Moving past those myths, and finding deeper truths about payments innovation, was the underlying result of a recent PYMNTS webinar, featuring Karen Webster and Amir Wain, founder and CEO of i2c , an integrated commerce and smart payments firm. “

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Innovation Payments Survey Meeting 190

Bank Innovation

JULY 17, 2018

Banking consumers take a middling view of today’s mobile banking applications, according to a study by Bank Innovation. In the survey conducted this month by Bank Innovation, banking consumers gave mobile banking a net promoter score of 12, which is in the bottom 25% to 50% of all NPS scores.

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Innovation Mobile Study Survey 210

Bank Innovation

APRIL 23, 2019

Nearly 80% of traditional financial institutions feel little or no threat from fintechs today, but 65% believe fintechs will be a “significant threat” by 2022, according to a new study by Harvard Business Review.

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Study Fintech Survey Technology 225

Bank Innovation

APRIL 11, 2016

Investors see a sunny future for marketplace lending, according to a survey released today by Richards Kibbe & Orbe LLP (RKO) and Wharton Fintech. The results of the survey, titled 2016 Survey of U.S. Marketplace Lending, show that half of investors surveyed have capital allocated for marketplace lending.

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Survey Lending Capital Fintech 150

PYMNTS

MARCH 17, 2020

The 2020 Credit Union Innovation Index , conducted in partnership with PSCU , found that over 20 percent of members would drop their current CU over lack of innovation. The share of CU members reporting they were willing to change primary FIs over insufficient innovation increased by 4.6 percent to 21.9 Competitive Threats.

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Innovation Study Operations Examples 159

PYMNTS

JULY 23, 2020

So, how are CUs changing their card innovation plans to match their current members’ demands and attract new potential members? 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. Moreover, 89.4 percent between February and May.

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Innovation Report Cards California 174

PYMNTS

NOVEMBER 9, 2018

percent of retailers have said they innovate to improve customer loyalty. That, in fact, is one of the main findings in the new Retail Innovation Readiness Index from PYMNTS, powered by FinTech firm AEVI. Things have changed, though, he said — one reason why that innovation finding carries such weight. “I

Innovation 174

Innovation Retail Maine Security 174

PYMNTS

APRIL 29, 2019

Along with digital transformation, innovation has been a buzzword for some time. These may seem like abstract concepts, but innovation has had concrete results in the financial industry. In partnership with i2c , PYMNTS produced the March 2019 Innovation Readiness Index to assess the state of innovation in the financial industry.

Fintech 193

Fintech Innovation Community Bank Study 193

PYMNTS

APRIL 1, 2019

It’s a statement borne out by the new Credit Union Innovation Playbook , a PYMNTS/ PSCU collaboration. According to this survey of credit union customers, an overwhelming 81.3 They very naturally want to see those types of innovations incorporated into their banking relationships. That is, if they choose the right FinTech.

Innovation 141

Innovation Fintech Fraud Security 141

PYMNTS

DECEMBER 31, 2019

Bottomline’s 2019 B2B Survey Payments Report finds that manual processing is the second-most pressing obstacle for treasury departments and the biggest challenge faced by small businesses. Sixty-five percent of surveyed small businesses considered manual payment generation to be the largest impediment to overcome, in fact.

Innovation 153

Innovation Payments Survey blockchain 153

PYMNTS

DECEMBER 14, 2017

Not innovating is not an option. Perhaps in the early days of digital banking and mobile apps, innovative technology was a “nice to have,” but that is no longer the case. The Bank Innovation Readiness Index , in collaboration with payments solutions provider i2c , provides evidence to back that up.

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Innovation Branding Payments Survey 162

PYMNTS

JANUARY 22, 2019

When it comes to innovation, though, are CUs investing in the technologies their members want, or are they putting their money into innovations that don’t align with their members’ priorities? The findings highlighted a disconnect between the innovation priorities of CUs and the ones important to their members.

Innovation 109

Innovation Report Fintech Survey 109

PYMNTS

JULY 1, 2019

When it comes to technological innovation, however, the smaller players have long been outgunned by larger FIs and their sizable IT budgets. Today, small banks are more aggressive and ambitious in their innovation strategies than medium-sized and large FIs. This is changing — in a big way. percent to higher than that of large FIs.

Innovation 157

Innovation Innovation Strategies Survey Groups 157

PYMNTS

JULY 7, 2020

Linville said a few principles stand tried and true when gauging innovation in technology and financial services — and that those took root well before the pandemic hit. He said banks have a leg up on FinTech startups that might find their funding pulled back. What FinTechs And Neobanks Should Do Here.

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Fintech Innovation Software Technology 223

PYMNTS

FEBRUARY 19, 2019

Those who work in and around high tech and innovation are lulled into a narrative about progress being on a march ever forward, rarely slowing, never stopping and certainly never turning around and marching in the wrong direction. . Even worse, it’s having an impact on how quickly their innovations can get to market.

Innovation 160

Innovation Fintech Marketing Study 160

PYMNTS

JANUARY 27, 2021

The banking industry faces many day-to-day business challenges, including competition with digitally native FinTechs and the ubiquitous social distancing restrictions brought on by the pandemic.

Security 213

Security Innovation Fraud Study 213

PYMNTS

NOVEMBER 14, 2017

A new report by business banking market research and analysis firm East & Partners suggests corporations aren’t opposed to changing banks as a direct result of new FinTech solutions businesses want to use. East & Partners found regional trends in corporate treasurers’ demand for FinTech solutions, too.

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Tools Fintech Survey Analysis 179

Bank Innovation

JUNE 11, 2018

Even with the most innovative features, if a mobile app doesn’t please customers, then what’s the point, right? Customer satisfaction is the best way to measure the success of a banking app. As the smartphone becomes the most popular channel for people do their banking, the pressure is high on banks to have a good […].

Survey 186

Survey Mobile Innovation America 186

PYMNTS

JULY 31, 2019

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.

Innovation 151

Innovation Report UX User Experience 151

PYMNTS

NOVEMBER 12, 2020

Morgan that surveyed treasury professionals across the globe, which found roughly 70 percent of firms in APAC accelerated their own “digital journeys” and transformations. This is certainly true in Asia Pacific, where the pandemic has sped up digitization to a relatively greater degree than other parts of the world.

Innovation 295

Innovation Regional Data Payments 295