PYMNTS

FEBRUARY 27, 2020

At the same time, digital banks are looking to capitalize on their growing small and medium-sized business (SMB) customer base, with open banking and bank-FinTech collaborations an important part of that strategy. Open banking may seem like an inevitability in any market, but in China, the path to unlocking bank data may be more complicated.

Fintech 192

Fintech Fraud Data Lending 192

PYMNTS

APRIL 30, 2018

In January, the International Data Corporation (IDC) reported worldwide spending on blockchain solutions would increase to $2.1 Then, there’s IBM and its most recent earnings report. After reporting those earnings and making those claims, IBM’s stock lost 6 percent of its value. billion by 2021. billion growing to $120.7

Fintech 183

Fintech blockchain Lending Digital Banking 183

Gonzobanker

MARCH 28, 2024

While the mobile banking revolution has been going on for more than 15 years, most bank and credit union executives report that they are still only partially through their digital transformation. This is an area where speed-to-market competition will be important. #3.

Digital Banking 148

Digital Banking Customer Experience Strategy Exercises 148

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. Read this blog for five reports that can increase your efficiency and profitability.

Lending 221

Lending Risk Management Community Management 221

PYMNTS

MARCH 26, 2020

But as of 2020, it is a subject upon which seasoned experts can disagree, in a world where traditional banks and FinTechs are operating in parallel in the market – and, in many cases, are offering similar services for consumers. But the FinTechs, Baird noted, are adapting and innovating around that issue. Baird said. “As

Innovation 241

Innovation Fintech Data Examples 241

PYMNTS

JULY 30, 2019

may be the world’s hotbed for challenger banks, but it’s not the only market witnessing a surge in bank competition and industry evolution as a result of FinTech pressure. While the company may be operating in a different market than the U.K., One of the biggest industry trends with global ramifications is open banking. “In

User Experience 122

User Experience America Analysis Industry 122

PYMNTS

APRIL 23, 2020

Unfortunately, independent contractors have also frequently been left out of the picture for traditional banks and even newer FinTechs despite the recent influx of small business cloud accounting apps and other B2B FinTech platforms. Easing The User Experience. That means cutting out the jargon.

User Experience 141

User Experience Management Taxes Fintech 141

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 17, 2020

Small businesses, particularly those launched by younger entrepreneurs, are often assumed to be a key driver of B2B FinTech innovation as business owners seek sophisticated, automated technologies to run their businesses. One of the biggest lessons would perhaps come as a surprise to many in the SMB FinTech space.

Millennials 168

Millennials User Experience Alabama Tools 168

PYMNTS

FEBRUARY 24, 2017

In recent weeks, a number of financial institutions and FinTech providers have begun testing, introducing or adding upgrades to voice navigation functionalities for their banking customers. Santander went with the former, while FinTech startup D3 Banking recently unveiled an intelligent voice banking interface.

Mobile 135

Mobile Fintech Google User Experience 135

Chris Skinner

JUNE 2, 2017

WECHAT KEY TRENDS REPORT 2017 MATTHEW BRENNAN CHINA CHANNEL THIS PRESENTATION IS ADAPTED FROM A KEYNOTE SPEECH DELIVERED AT CHINA CONNECT CONFERENCE IN PARIS ON MARCH 2ND 2017 BREAKING NEWS: SLUGGISH GROWTH FOR WECHAT IS WECHAT STILL COOL? THE VALUE TO THE USER IS THE FIRST PRIORITY.” TENCENT IS RELIGIOUS ABOUT THEIR USER EXPERIENCE.

User Experience 259

User Experience Conference Mobile Customer Experience 259

Independent Banker

NOVEMBER 30, 2022

Super apps, or apps that aggregate online or mobile user experiences into one central location, have taken off globally. billion users. According to a recent PYMNTS report, 72% of consumers have indicated their interest in a super app offering. What are they, and how can community banks stay on top of this trend?

Community Bank 91

Community Bank Community Maryland Data 91

PYMNTS

JULY 1, 2019

In fact, more than 40 percent of small banks aim to be first to market with their innovations, a twofold increase from 2017 that surpasses that of larger banks. Half of medium-sized FIs prefer to observe market trends before rolling out new innovations. Meanwhile, medium and large FIs are taking a more cautious approach to innovation.

Innovation 157

Innovation Innovation Strategies Survey Groups 157

PYMNTS

FEBRUARY 23, 2017

FinTech startup and digital banking solutions provider D3 Banking recently unveiled an intelligent voice banking interface using Amazon’s Alexa. In addition to voice navigation, the interface API will allow financial institutions to collect and analyze data from these voice interactions to personalize responses and marketing efforts.

User Experience 109

User Experience Fintech Security Google 109

PYMNTS

SEPTEMBER 6, 2018

Through their partnership , UMB will develop a suite of commercial card solutions for corporate customers that includes expense management and reporting, as well as a mobile app linked to the solutions. -based UMB Financial Corporation, the companies announced in a press release sent to PYMNTS on Wednesday (Sept.

Management 100

Management User Experience Cards Mobile 100

PYMNTS

MAY 30, 2018

According to a press release today (May 30), SPD Bank will be leveraging Ant’s financial-grade technologies in AI, supply chain finance and biometric identification in online risk management to help prevent loan, transaction and marketing fraud. FinTech Kabbage. What It Says About The Space.

Risk Management 100

Risk Management Fintech User Experience Management 100

PYMNTS

NOVEMBER 25, 2019

A recent data breach exposed the personal data of over 1 million prepaid T-Mobile customers per reports on Friday (Nov. But the cyber thief got users’ names, phone numbers, billing addresses, account numbers and plan information. Does ‘Google Checking’ Foreshadow Big Tech, FinTech Payments Changes?

Security 130

Security Payments Google UX 130

CB Insights

FEBRUARY 15, 2018

The wealth management industry is under siege by a new crop of “robo-retirement” fintech startups disrupting retirement savings. Sudden volatility has shaken the markets and the state of wealth management. We define this group of fintech startups as “robo-retirement.” WEALTH TECH TRENDS TO WATCH IN 2018.

Management 50

Management Fintech Guidelines Strategy 50

William Mills

JUNE 16, 2016

But bigger than that, we began getting caught up in this world of “fintech” long before it became the latest overnight sensation, which – by the way – has actually been more than 10 years in the making. What the heck is fintech and why do we care? 2) The fintech tide still rising. billion in 2010.

Fintech 40

Fintech Industry User Experience US 40

William Mills

JUNE 16, 2016

But bigger than that, we began getting caught up in this world of “fintech” long before it became the latest overnight sensation, which – by the way – has actually been more than 10 years in the making. What the heck is fintech and why do we care? 2) The fintech tide still rising. billion in 2010.

Fintech 40

Fintech Industry User Experience US 40

PYMNTS

APRIL 12, 2018

A surge in FinTech innovation, new industry players and the embrace of cutting-edge technologies – like artificial intelligence and mobile payments – positions the T&E market as an example of how B2B payments can, in fact, be innovative. That focus led to an explosion in service providers and FinTechs in the last several years.

Innovation 101

Innovation User Experience Management Policies 101

PYMNTS

MARCH 16, 2018

But APIs can offer a different strategic advantage, especially to B2B FinTechs, according to A.J. Because APIs facilitate integration between two services, the technology allows FinTechs to innovate in their niche markets, rather than attempting to be a jack of all trades. “I In the U.K.,

Risk Management 134

Risk Management Survey Management Fintech 134

Gonzobanker

JANUARY 17, 2020

There are still 106,000 branches when credit unions are considered, and banks are overestimating the contribution many branches are making to retaining and growing revenue, all while starving investments in marketing, digital and data maturity. We are in the infant stages of integrating digital marketing and online origination.

Customer Experience 127

Customer Experience Fintech Regional Cards 127

PYMNTS

DECEMBER 3, 2019

A recent report from J.D. Power took one key friction point of the small business (SMB) credit card market to task. “Business credit card issuers are doing a great job with relationship-building, getting the formula right on dedicated account management, customized reporting and digital tools.

Cards 101

Cards Innovation Tools Study 101

CFPB Monitor

JULY 12, 2022

The CFPB is seeking experts in data science, software engineering, product design, product management, and user experience (UX). Smart regulation requires that regulators understand the markets, products, and practices they regulate.

UX 78

UX Regulation Technology User Experience 78

PYMNTS

MARCH 10, 2020

There are bad days on the market — and in the wake of COVID-19, the disease caused by the coronavirus , which has spent the last month gaining more and more global ground, there have been more than a few of those of late. The market has had a crisis of confidence,” Willie Delwiche, investment strategist at Baird told the Associated Press.

Marketing 236

Marketing Fintech Bitcoin Apple 236

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. Offering corporate users, CFOs, accountants and other finance professionals on demand, Paro, based in the U.S., said this week.

Payments 149

Payments Capital Taxes Lending 149

Insights on Business

JULY 20, 2018

When IBM acquired OpenPages in 2010, it was widely recognized as a pioneer and market leader in governance, risk and compliance software. The report states that, “The IRM market is the largest of all the solution provider markets covered by Gartner in the security and risk management (SRM) software ecosystem.

Risk Management 96

Risk Management Management Compliance New York City 96

PYMNTS

AUGUST 9, 2019

-based Emerging Payments Association (EPA) published a report on the impact of SCA on the payments experience, and found that 75 percent of issuers said they would be ready by the Sept. Nearly three-fourths (74 percent) of issuers expect SCA to lead initially to a decline in user experience. 14 deadline.

Compliance 152

Compliance Regulation User Experience Retail 152

Insights on Business

JULY 18, 2018

When IBM acquired OpenPages in 2010, it was widely recognized as a pioneer and market leader in governance, risk and compliance software. OpenPages is one of 16 vendors evaluated in Gartner’s report, and ranks highest of the leaders in “Completeness of Vision.” IBM RegTech Innovations.

Risk Management 70

Risk Management Compliance New York City Innovation 70

PYMNTS

APRIL 22, 2020

Banks are jostling for space in the market because an expanding number of FinTechs and large-scale technology companies are competing for the same set of consumers. Banks must enable fast and seamless onboarding experiences, but these processes should also be secure.

Security 133

Security Data Fraud Tools 133

PYMNTS

OCTOBER 2, 2018

When crime is successful, when the gains are ill-gotten, as many as 41 percent of firms do not report that they’ve been victimized. After all, when the bad apples know there’s unlikely to be a report, the temptation is there for the fraudster to keep plying their trade. Optimizing The User Experience.

Fraud 149

Fraud Course System Big Data 149

PYMNTS

FEBRUARY 7, 2020

We have deep dives into eCommerce checkout features, as well as a report on Visa interchange rates and Gaana ’s music service in India. Report: Visa Eyes Biggest Interchange Fee Revamp In A Decade. Trackers and Reports. NEW REPORT: Merchants Up Their Digital Checkout Game In The Age Of Amazon .

Google 123

Google Retail United States Online 123

Gonzobanker

JULY 6, 2021

Topping their list of complaints: speed to market/pace of new improvements (or lack thereof) and integration challenges. In What’s Going On In Banking, Ron Shevlin, Cornerstone’s research director and author of the report, observed: “Banks will find out that if they don’t replace their core systems, there may be no digital ‘transformation.’”.

Strategy 158

Strategy System Risk Management Technology 158

Insights on Business

JUNE 14, 2018

From simple deposits and loans to more advanced risk modeling and channel management, banks have acted at one time or another as trusted intermediaries, service providers, asset managers, and market makers.

Customer Experience 115

Customer Experience cryptocurrency Technology blockchain 115

PYMNTS

APRIL 22, 2016

The venture capital world lit up last week with reports that B2B tech startups are now seeing increased funding, raising money at a faster pace than B2C startups. The company has pinpointed market demand, while hiring the talented management team required to create the next great company in the security space.”

Capital 100

Capital Security Software User Experience 100

PYMNTS

NOVEMBER 7, 2017

These juggernauts are looking to outflank other larger financial players or FinTechs. They are trying out new capabilities that regularly improve the consumer experience, thus keeping them from leaving for the competition – and keeping an eye on the local geographies they serve. Data Point Number Two: 64.2 What happens next?

Innovation 108

Innovation Meeting Payments Survey 108