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Banks Push Back On Possible Banking Charters For Big Techs Like Amazon And Facebook

PYMNTS

Overseen by the Office of the Comptroller of the Currency (OCC), the charter would allow firms like Facebook, Google or Amazon to bypass the process by which they need to collect money transmitter licenses state by state. However, the banking industry doesn’t like that one bit. However, the banking industry doesn’t like that one bit. “We

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AutoGPT Will Change Your Bank

South State Correspondent

This article gives bankers a background on what it is, its risks, and how it will change everything from your infrastructure to your hiring practices. Tell it to text your customers as one of its goals, and it will sign up for a messaging app and send out a text. Instead of automation, banks can now have intelligent automation.

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Can fintechs enhance your bank’s marketing campaign?

Independent Banker

We asked several banking leaders how they’ve employed fintech to ramp up their marketing campaigns, hone their analytic strategies and gain new patrons in the process. Customized, well-thought-out interactions—especially in the online banking space—are integral to wooing new customers and retaining existing ones. By Katie Kuehner-Hebert.

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The war for wallets: CU Wallet to debut this year

Abrigo

The techies and bankers alike knew that a mobile wallet was next. When Apple Pay launched late last year, it was met with the typical Apple innovation buzz as well as some skepticism about data security. While Apple Pay is the leader of the pack right now, Google Wallet and PayPal Here both have skin in the mobile payment game, too.

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Deep Dive: How FIs, Customers Are Navigating The Coronavirus-Inspired Spike In Digital Banking Demand

PYMNTS

These online and mobile experiences must be convenient, seamless and secure, or consumers are likely to abandon them. Data from a 2018 survey showed that 43 percent of millennial consumers had given up on mobile banking activities that felt too complicated or lengthy, for example. The Path to Digital Banking’s Popularity.

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Where are The FinTech Darlings Now?

Jeff For Banks

We must be moments away from downloading a gamified banking app via our Google Glass, paying in Bitcoins using Apple Pay! A banker told me yesterday that if I wanted headlines in American Banker , put FinTech in my copy. A banker told me yesterday that if I wanted headlines in American Banker , put FinTech in my copy.

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The 2014 GonzoBanker Awards

Gonzobanker

We are seeing it show up lots of places, it’s real and it’s great for this industry. That’s one helluva move up. Cornerstone: Okay, let me back up a second. We could hand you a load of bull about skewering the guilty and praising the exalted, etc., but let’s just dive into it! THE BANKING AWARDS. Buena suerte, Bradley!