PYMNTS

DECEMBER 14, 2020

In separate news, in PYMNTS 2021 New Merchant Business Models Playbook, Katie Swett Miller, eCommerce product lead at Square, said the first months of the pandemic saw different innovation strategies emerge for small- to medium-sized businesses (SMBs).

Vermont 257

Vermont Nevada Oregon Utah 257

Bank Innovation

APRIL 9, 2018

If there’s one word that describes the abiding value of investment platform Acorns’ innovation strategy, that’s the word, according to its CEO Noah Kerner, who is currently gearing up to launch Acorns Later in the coming weeks. EXCLUSIVE- Simplicity.

Innovation Strategies 186

Innovation Strategies Taxes Strategy Innovation 186

BankInovation

JANUARY 18, 2022

In this episode of "The Buzz" podcast, hear how executives in retail digital banking are least confident in their organizations' ability to create a well-defined innovation strategy and measure the results. Over the next five years, banks expect most innovation to happen in product delivery.

Digital Banking 98

Digital Banking Innovation Innovation Strategies Study 98

The Financial Brand

DECEMBER 6, 2021

Smart glasses could be the mobile device of the future, replacing the smartphone as the main way consumers bank and pay digitally. The post The Future of Mobile Banking Beyond Smartphones appeared first on The Financial Brand - Banking Trends, Analysis & Insights.

Mobile 43

Mobile Banking Trends Maine Analysis 43

Bank Innovation

SEPTEMBER 12, 2019

As digital banking goes mainstream, banks are recognizing that a mobile app that lets customers carry out day-to-day tasks isn’t enough. Bank has been preparing, especially as it reports that 72% of its customers are considered “digital-active” and 50% are using mobile channels. It’s a reality for which U.S.

Digital Banking 250

Digital Banking US Mobile Report 250

Bank Innovation

MARCH 12, 2020

mobile payments companies founded after the 2008 financial crisis, and digital banks including Chime Inc. Fintech startups looking to upend how Americans do their banking are facing their first major test as interest rates fall and fearful consumers seek safety at traditional banks. Square Inc. and Stripe Inc.,

Digital Banking 359

Digital Banking Payments Fintech Mobile 359

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. There’s [probably] not a bank or credit union that … doesn’t have mobile banking, so we have the typical mo- bile banking products,” he said.

United States 174

United States Security Innovation Mobile 174

Bank Innovation

MARCH 11, 2020

Simple, one of the first mobile-only banks in the U.S, is in the midst of rethinking its customer experience to keep pace with new expectations. To do this, it’s querying its customer base to understand pain points, an effort led by former Tesla executive Moin Moinuddin, who joined the company as vice president of engineering […].

Customer Experience 273

Customer Experience Mobile Company Innovation Strategies 273

Bank Innovation

FEBRUARY 17, 2020

Since Alipay is one of the most commonly used mobile wallets in China, integration with WorldRemit is meant to facilitate money movements while Chinese citizens and residents make payment transactions at home […]. The integration allows WorldRemit customers to send money to Chinese recipients by connecting with their Alipay accounts.

Payments 284

Payments Mobile Innovation Strategies Strategy 284

Bank Innovation

NOVEMBER 26, 2019

Billionaire Jack Ma’s Ant Financial is planning to raise about $1 billion for a fund that will invest in startups from Southeast Asia to India and help strengthen its foothold in fast-growing mobile internet markets, a person familiar with the matter said.

Regional 259

Regional Mobile Marketing Company 259

Bank Innovation

JANUARY 7, 2020

While third-party personal finance apps have garnered attention through direct-to-consumer offerings, HT Mobile Apps is looking to reach more users by offering savings and financial literacy tools to partner institutions. The eight-year-old company is working with banking technology giant FIS to reach new financial institutions.

Tools 221

Tools Mobile Technology Company 221

The Financial Brand

NOVEMBER 30, 2020

The post Chase Digital Unit Tackles Top Mobile & Online Challenges for 2021 appeared first on The Financial Brand. COVID-19 accelerated demand that was already growing but megabank also saw the need for new digital twist on small business accounts.

Online 38

Online Mobile Branding Innovation Strategies 38

Bank Innovation

FEBRUARY 12, 2020

The growth of mobile and digital banking is driving in-store branch numbers down. In-store branches are satellite bank branches located inside large retail spaces, such as supermarkets or chains like Walmart and Safeway. since June 30, 2019, and 6.5% since June 30, 2018, S&P Global Market Intelligence reported.?

FDIC 243

FDIC US Retail Digital Banking 243

PYMNTS

AUGUST 29, 2017

The company plans to debut in-store maps leading consumers to where Cartwheel deals are, and will eventually also bring a mobile payment option to the app by early 2018, according to TechCrunch. The move is the latest in Target’s quest to boost its innovation strategy.

Maine 100

Maine Innovation Strategies Strategy Digital Strategies 100

Bobsguide

JUNE 3, 2022

Introduction of new technologies, integration with other channels like mobile and branch, flexibility to implement both new functionalities and mandates are all still encountering a number of infrastructural obstacles. In fact, the ATM channel remains siloed and unlike any other digital channel in the way, it is managed.

Innovation 147

Innovation ATM Software Policies 147

PYMNTS

JULY 29, 2019

The new service, Flex Loan, is being offered by SkyPoint Federal Credit Union and was established through a partnership with cloud-based mobile lending platform QCash Financial. Speaking of efficiency, a new service from a Maryland-based CU aims to simplify the small dollar loan application process. About the Tracker.

Pennsylvania 173

Pennsylvania Analytics Maryland Innovation 173

PYMNTS

FEBRUARY 23, 2020

To offer expanded services as it pursues a digital innovation strategy of harnessing partnerships to provide an enhanced customer experience, Fifth Third is teaming with Fundation for small business loans.

Customer Experience 130

Customer Experience Innovation Strategies Guidelines Meeting 130

PYMNTS

JULY 2, 2020

percent of CU members in the survey said they would prefer their CUs to not innovate at all, while 76.3 percent supported having their CUs innovate and 17.3 percent said they would be willing to switch institutions if their CUs did not choose to innovate at all. Loyalty Innovation Strategies .

Innovation 155

Innovation Branding Tools Innovation Strategies 155

PYMNTS

JULY 23, 2020

The pandemic has forced CUs to rethink their card innovation strategies, however, particularly as the total amount of credit being issued to consumers dropped 9.5 Moreover, 89.4 percent of CUs that expected to be developing more credit products believed this would improve their financial performance. percent between February and May.

Innovation 174

Innovation Report Cards California 174

PYMNTS

NOVEMBER 23, 2020

Katie Swett Miller , eCommerce product lead at payment platform provider Square , has observed many SMBs trying different innovation strategies. In the Playbook’s Case Study, Miller explains some of the latest plans and key strategies that have emerged out of merchants’ trial-and-errors during the first months of the pandemic.

Report 192

Report Case Study Payments Strategy 192

PYMNTS

JULY 30, 2019

DeBoer recently spoke with PYMNTS about how Cobalt’s communication and data analytics strategy informs its innovative pursuits, including its recent move to implement interactive video services through its web and mobile channels. . An Interactive Innovation . Technology is not cheap,” DeBoer said.

Innovation 108

Innovation Data Analytics Video 108

Bank Innovation

JULY 24, 2019

based regional bank with $28 billion in assets, is growing its human-digital strategy through its Go-To app. Through the mobile digital platform, the bank is putting customers directly in touch with a personal banker who customers can text. Umpqua Bank, the Portland, Ore.-based

Portland 170

Portland Digital Strategies Regional Strategy 170

Bank Innovation

JULY 24, 2019

based regional bank with $28 billion in assets, is growing its human-digital strategy through its Go-To app. Through the mobile digital platform, the bank is putting customers directly in touch with a personal banker who customers can text. Umpqua Bank, the Portland, Ore.-based

Portland 170

Portland Digital Strategies Regional Strategy 170

Bank Innovation

OCTOBER 4, 2019

In this episode, Angely Mercado, associate editor, discusses the following news developments: How Bank of China and IBM are using an innovation lab in their efforts to revamp the Bank of China mobile app; How PayPal’s newfound […].

Tools 150

Tools Video Innovation Mobile 150

PYMNTS

SEPTEMBER 29, 2020

percent planned to unveil mobile wallet-enabled cards. Many CUs’ credit innovation plans ground to a halt when the health crisis began, however. The CU used the insights it gleaned from the program to inform its credit innovation strategy and assess which products members wanted most. The report also revealed that 66.7

San Diego 141

San Diego Innovation Cards California 141

The Financial Brand

FEBRUARY 10, 2020

The post FDIC Greenlights Mobile-First Fintech Varo Money for Deposit Insurance appeared first on The Financial Brand. Fintech's patience paying off as it nears final hurdles, setting stage for major new digital banking competitor.

FDIC 27

FDIC Mobile Fintech Digital Banking 27

PYMNTS

AUGUST 22, 2019

Challenger banks are beginning to offer more robust suites of services beyond the mobile apps and prepaid cards with which they started. Legacy Banks and the Innovation Game. Legacy and challenger banks’ innovation and engagement approaches will depend on consumers’ perspectives.

Innovation 109

Innovation Digital Banking Fintech US 109

The Financial Brand

NOVEMBER 9, 2014

Leveraging new technologies and big data, banks and credit unions are investing to improve mobile, online and branch consumer experience. Branch Strategies Innovation Strategies Mobile Strategies Online Strategies Efma Finacle Infosys multichannel'

Branch Strategies 31

Branch Strategies Innovation Strategies Big Data Strategy 31

Bank Innovation

AUGUST 20, 2019

The digital banking platform, called MyOCCU Online & Mobile, took “a good year-and-a-half” […].

Oregon 150

Oregon Community Lending Digital Banking 150

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. Developments Around The Cloud Banking World.

Digital Banking 230

Digital Banking Innovation Online Technology 230

BankInovation

JUNE 23, 2020

For Citibank, this has meant tweaking its mobile app to help customers easily self-serve. As consumers are flocking to digital banking channels during the COVID-19 pandemic, banks are rethinking how they handle customer interactions.

Digital Banking 98

Digital Banking Mobile Customer Experience Innovation Strategies 98

PYMNTS

APRIL 6, 2017

Synchrony Financial recently announced the acquisition of its strategic partner GPShopper , a creator of native mobile apps for retailers and consumers. SyPi is currently live in the mobile apps of a number of Synchrony Financial retail partners, including Lowe’s, Dick’s Sporting Goods, Chevron and JCPenney.

Retail 104

Retail Innovation Mobile Technology 104

PYMNTS

JUNE 1, 2020

Customers have more options than ever in the banking industry, where they can find plenty of digital- or mobile-only challenger banks to replace older financial institutions (FIs) that have failed to keep up with their needs. The third benefit is becoming critical to the evolving banking industry.

Innovation 132

Innovation Strategy Innovation Strategies Security 132

PYMNTS

AUGUST 17, 2017

With more consumers moving to mobile transactions over visits to branches, some banks are considering closing brick-and-mortar locations to reduce operational costs. With mobile banking technology on the rise, it has seemingly become more important than ever for banks to stay on top of the latest digital innovations.

Millennials 132

Millennials Digital Banking San Francisco Fintech 132

The Financial Brand

FEBRUARY 10, 2020

The post FDIC Greenlights Mobile-First Fintech Varo Money for Deposit Insurance appeared first on The Financial Brand. Fintech's patience paying off as it nears final hurdles, setting stage for major new digital banking competitor.

FDIC 15

FDIC Mobile Fintech Digital Banking 15

BankInovation

JUNE 18, 2020

Upgrade, the personal loan and credit card service provider, plans to launch a mobile bank account by quarter’s end, on the heels raising another $40 million of venture funding from Santander InnoVentures yesterday.? “We’re

Capital 64

Capital Mobile Cards Customer Experience 64

BankInovation

DECEMBER 17, 2020

The Canadian megabank is teeing up tech-forward mobile app features and a new product aimed […].

Innovation 90

Innovation Groups Mobile Payments 90