Independent Banker

OCTOBER 1, 2022

Every year, ICBA surveys the industry and its members to identify their top concerns as part of its innovation strategy. Our bankers face both challenges and opportunities as they work to stay ahead of cybercriminals, paying attention to innovative solutions and partners to mitigate cyber risk. By Charles Potts, ICBA.

Innovation 139

Innovation Community Bank Training Community 139

PYMNTS

OCTOBER 13, 2016

More changes are coming at the top of Jo-Ann Fabric — mostly with an eye for bolstering inventory and supply chain management. Michael Goulder will be ascending to to senior VP of inventory management and supply chain.

Innovation Strategies 100

Innovation Strategies Operations Strategy Management 100

Cisco

NOVEMBER 15, 2022

The emergence of open banking has dramatically changed the way people and small businesses manage their money and interact with financial tools and brands. Managing those applications in financial services is different than in any other industry. It wasn’t just that Venmo happened but open banking for the digital ecosystem.

Innovation 160

Innovation Security Innovation Strategies Data 160

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. Investment and asset management firm Blackrock is also looking to use cloud technologies to enhance its platform.

Digital Banking 230

Digital Banking Innovation Online Technology 230

Bank Innovation

APRIL 23, 2020

Some of the country’s trillion-dollar banks have spent the past three years launching digital offshoots that mimic their startup competitors, but the promise of stand-alone personal finance management apps from incumbent banks remains largely unfulfilled.

Management 259

Management Customer Experience Innovation Strategies Strategy 259

Bank Innovation

MARCH 6, 2020

We have seen considerable growth in the [German] market,” said Oliver Schmid, general manager of Iwoca. Iwoca, a London-based small business lender, announced a debt financing round of 100 million euros ($112 million) last week to fund new loans in Germany.? “We

Lending 300

Lending US System Management 300

Bobsguide

JUNE 3, 2022

Auriga was recently honoured with the prestigious Peter Kulik Innovation Award from the ATMIA, the leading non-profit trade association representing the entire global ATM industry. Q: How do you feel about your Peter Kulik Innovation Award win? All activity needs to be monitored and changes in HW/SW need to be detected.

Innovation 147

Innovation ATM Software Policies 147

Independent Banker

NOVEMBER 30, 2022

None of this would have been possible without community bankers who have worked diligently to advance their own innovation strategies and continue to provide critical thought leadership. In step with community bankers. They have helped make the program a reflection of the needs of our members, and by extension, their customers.

Community Bank 99

Community Bank Community Innovation Atlanta 99

Bank Innovation

DECEMBER 5, 2019

The firm’s second fund will focus on early-stage startups that cover wealth management, banking and insurance, including direct-to-consumer and business-to-business models. Canadian venture capital firm Portag3 is continuing its global push with the close of a C$427 million ($320 million) fintech fund this week.

Capital 221

Capital Fintech Management Innovation Strategies 221

PYMNTS

NOVEMBER 1, 2017

Small businesses (SMBs) are increasingly satisfied with their traditional financial service providers, though banks are pushing to heighten their innovation strategies and provide SMBs with the high-tech, customized services that those small businesses demand. The Worst Offender.

Survey 135

Survey Innovation Management Innovation Strategies 135

PYMNTS

MAY 28, 2018

According to Chain Store Age , the criteria for the award include successful development and executions of product, store, online and service innovation strategies; delivery of an outstanding in-store experience; excellent customer service; and strong financial performance. Founded in 1909 by American businessman H.

Innovation Strategies 102

Innovation Strategies Strategy Capital Groups 102

Bank Innovation

JULY 30, 2019

trillion in assets under management, offers investment services and wealth management products aimed at institutions and high-net-worth individuals. Despite the hurdles involved in rethinking how a large, storied financial institution views customer experience, 235-year-old BNY Mellon is tackling the challenge head on.

Customer Experience 199

Customer Experience Management Company Innovation Strategies 199

Bank Innovation

MARCH 27, 2020

The company, which provides guidance to senior management of financial institutions in the Americas, shed light on potential solutions to some of the business implications stemming from the COVID-19 outbreak in a white paper shared […].

America 259

America Management Company Innovation Strategies 259

Bank Innovation

MARCH 10, 2020

Xolo is a subscription-based freelance accounting and banking platform that allows freelancers to manage cash flow and legal needs. European payments giant Wirecard, which has a market capitalization of more than $15 billion, is making a bet on freelance personal finance platform Xolo to increase uptake for its banking services.

Capital 243

Capital Management Marketing Payments 243

PYMNTS

JULY 29, 2019

Credit Union Leasing of America (CULA) , a provider of indirect vehicle leasing solutions, recently upgraded its Seamless Lease Connection lease management system. Auto lending is also getting an upgrade in the CU market. Deep Dive: How AI Could Change the C U Landscape. About the Tracker.

Pennsylvania 173

Pennsylvania Analytics Maryland Innovation 173

Bank Innovation

DECEMBER 16, 2019

With its mixture of personal finance management tools, savings features and remodeled branches, Virgin Money is aiming for […]. The brand released a new current account for U.K. customers last week, the first product launched by the bank since it was acquired by CYBG in 2018.

Strategy 243

Strategy Community Tools Branding 243

Bank Innovation

MARCH 6, 2020

We have seen considerable growth in the [German] market,” said Oliver Schmid, general manager of Iwoca Germany. Iwoca, a London-based small business lender, announced a debt financing round of 100 million euros ($112 million) last week to fund new loans in Germany.? “We

Lending 221

Lending US System Management 221

Bank Innovation

MARCH 2, 2020

Managers requested that about 10% of staff across its consumer bank work remotely as part of the plan’s resiliency […]. JPMorgan Chase & Co. is asking thousands of U.S.

US 221

US Management Innovation Strategies Strategy 221

Bank Innovation

JULY 30, 2019

trillion in assets under management, offers investment services and wealth management products aimed at institutions and high-net-worth individuals. Despite the hurdles involved in rethinking how a large, storied financial institution views customer experience, 235-year-old BNY Mellon is tackling the challenge head on.

Customer Experience 170

Customer Experience Management Company Innovation Strategies 170

Bank Innovation

FEBRUARY 3, 2020

billion, industry watchers are questioning whether this might prompt wealth management tech firm Envestnet to sell aggregator Yodlee, which it acquired in 2015 for $590 million. On the heels of Visa‘s acquisition of data aggregator Plaid for $5.3 The speculation was initially raised by Raymond James analysts in a report released Jan.

Industry 221

Industry Data Management Report 221

Bank Innovation

JULY 22, 2019

On Monday, the company rolled out a series of digital tools to help customers manage their portfolios while driving, but the Omaha-based […]. With average commutes in the U.S. lasting around 27 minutes and with millions commuting for at least an hour per day, TD Ameritrade wants to seize the opportunity to reach a captive market.

Omaha 186

Omaha Tools Management Marketing 186

Bank Innovation

OCTOBER 2, 2019

In September, Bank of China launched an innovation lab through a contract with IBM to fend off competition from these platforms, which function as hubs for e-commerce, banking and social media. According to Likhit Wagle, general manager […].

social media 236

social media Innovation Management Payments 236

Bank Innovation

MARCH 2, 2020

Managers requested that about 10% of staff across its consumer bank work remotely as part of the plan’s resiliency […]. JPMorgan Chase & Co. is asking thousands of U.S.

US 195

US Management Innovation Strategies Strategy 195

Bank Innovation

JULY 22, 2019

On Monday, the company rolled out a series of digital tools to help customers manage their portfolios while driving, but the Omaha-based […]. With average commutes in the U.S. lasting around 27 minutes and with millions commuting for at least an hour per day, TD Ameritrade wants to seize the opportunity to reach a captive market.

Omaha 170

Omaha Tools Management Marketing 170

PYMNTS

APRIL 2, 2020

Credit unions must discover where and how their members want to transact and then ensure their in-house growth and innovation strategies match up with those preferences. One significant benefit has been that the CU can now expand its online capabilities and innovate more quickly.

United States 174

United States Security Innovation Mobile 174

PYMNTS

JULY 2, 2020

PYMNTS’ Credit Union Innovation Playbook found that nearly 50 percent of the 2,000 CU members polled said they want their financial institutions (FIs) to focus on loyalty innovations, such as rewards offerings, in-app coupons and card-based cash back programs. percent supported having their CUs innovate and 17.3

Innovation 155

Innovation Branding Tools Innovation Strategies 155

PYMNTS

SEPTEMBER 29, 2020

CUs’ prepandemic innovation agendas reflected an overall rosy outlook on innovating card-issuing credit products. The CU used the insights it gleaned from the program to inform its credit innovation strategy and assess which products members wanted most.

San Diego 141

San Diego Innovation Cards California 141

Bank Innovation

OCTOBER 31, 2019

Digital financial services from lending to asset management are expected to generate at least $38 billion of annual revenue across Southeast Asia by 2025, more than tripling from $11 billion in 2019, according to a new study by Bain & Co., Google and Temasek Holdings Pte.

Study 186

Study Lending Google Online 186

Bank Innovation

AUGUST 16, 2019

The nine-year-old company plans to continue to develop its “partnership strategy,” Bernard Martinez, U.S. managing director at Funding Circle, told Bank Innovation. -based peer-to-peer lending platform, hit a $10 billion milestone in loans to small- to medium-sized (SME) businesses on Thursday. In the U.S.,

Strategy 150

Strategy Lending Innovation Management 150

South State Correspondent

SEPTEMBER 20, 2022

It was agreed that too many lines of business, such as treasury management, commercial lending, and commercial deposits, are not utilizing their marketing departments enough, given the tremendous value of their products. Every bank product manager should be clear on what their product is, what it is used for, and who will use it.

Conference 195

Conference Marketing social media Data 195

PYMNTS

JUNE 1, 2020

Customers want to digitally manage multiple accounts without having to wade through time-consuming login screens or authentication processes each time. Legacy banks are slowly adapting their platforms and innovation strategies in response to these developments while challenger banks continue to sprout all over markets in Europe and the U.S.

Innovation 132

Innovation Strategy Innovation Strategies Security 132

PYMNTS

JULY 17, 2018

The July/August Credit Union Tracker looks at how the credit union market is pushing back against regulation and pursuing new innovation strategies, how regulatory changes are creating opportunities for credit unions to expand into new markets, and how one credit union is stepping up to assist members displaced by a natural disaster.

Hawaii 100

Hawaii Marketing Report Texas 100

PYMNTS

SEPTEMBER 17, 2019

Today, not only are innovations emerging to enhance the world’s existing payment rails, but new rails are also coming into play (like the ones on which Visa B2B Connect operates). 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

BankInovation

MAY 12, 2020

The AI-powered portfolio management company claims advisers can use its tech to create personalized portfolios for clients in 30 seconds, a process that previously took up to two hours, according to Vise co-founder and CEO Samir Vasavada.? Most [robo-advisers] are […].

Management 98

Management Company Customer Experience Innovation Strategies 98

BankInovation

JUNE 30, 2020

The former investment banker and fund manager has set up 1fs:Wealth, a London-based technology firm that aims to help family offices and rich individuals manage their assets. Bobby Console-Verma isn’t letting the pandemic slow down his business plans. He plans […].

Management 64

Management Technology Customer Experience Innovation Strategies 64

PYMNTS

AUGUST 22, 2019

Warder recently spoke with PYMNTS about how legacy operations are approaching their innovation strategies amid the rise of challenger banks, and why the latter institutions represent a key progression for the digital banking world. Legacy Banks and the Innovation Game. KeyBank has done all three over the past few years.

Innovation 109

Innovation Digital Banking Fintech US 109

Insights on Business

APRIL 5, 2018

million managed retirement account participants and 11 million individuals. Those numbers also incorporate approximately 250,000 financial advisors, 300,000 retirement plans, 1,300 asset management firms, through 27 different plan providers, and over 50 global regulators to maintain compliance. Our reach is global, including 1.3

Operations 102

Operations Analytics Software Data 102