Bank Innovation

SEPTEMBER 28, 2018

One of the largest retail banks in America has a simple yet multifaceted innovation strategy. Bank Innovation spoke with U.S Bank Executive Vice President, Chief Innovation Officer, Dominic Venturo, on which direction the bank is headed, digitally. Bank Innovation: Last quarter we reported that U.S.

Digital Strategies 150

Digital Strategies Innovation Strategy Innovation Strategies 150

PYMNTS

MAY 29, 2020

Allowing customers uninterrupted access to their online financial accounts and processing digital payments quickly is critical during this time as brick-and-mortar branches are either closed or on limited hours. Developments Around The Cloud Banking World.

Digital Banking 230

Digital Banking Innovation Online Technology 230

Bank Innovation

JANUARY 2, 2020

Billionaire Jack Ma’s Ant Financial has applied for a digital banking license in Singapore, as China’s largest online financial platform steps up efforts to expand outside the mainland. We look […].

Digital Banking 322

Digital Banking Online Company Innovation Strategies 322

Bank Innovation

MARCH 27, 2020

Attorneys for users who are suing the beleaguered online brokerage company asked a federal judge in Florida to order Robinhood to […]. Robinhood Financial Inc.,

Florida 284

Florida Online Marketing Company 284

Bank Innovation

APRIL 27, 2020

With the success of the stand-alone digital bank, which launched in January 2019, Midwest BankCentre is now incorporating new technologies into its traditional online banking. Louis-based Midwest BankCentre, gained $130 million in deposits in 2019. Rising Bank] is helping us learn to do business in this digital space,” […].

St. Louis 259

St. Louis Digital Banking US Online 259

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

MARCH 25, 2020

“The nirvana, if you will, of banking would be truly autonomous banking, like the autonomous car,” Nielson said during a fireside chat today at Banking Transformation Week, an online conference focusing on banking, finance and […].

US 259

US Conference Innovation Online 259

PYMNTS

APRIL 2, 2020

This often means providing digital solutions and convenient banking options despite smaller technology and innovation budgets, however. 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.

United States 174

United States Security Innovation Mobile 174

Bank Innovation

FEBRUARY 23, 2020

But behind the layers of computer code that enable at-home investors — another mostly male crowd — to buy and sell stocks online, there’s a group of female tech wizards at E*Trade that make it possible. E*Trade Financial Corp. sits at the intersection of two of the world’s most persistent boys’ clubs: Wall Street and Silicon Valley.

Groups 243

Groups Online Innovation Strategies Strategy 243

Bank Innovation

JANUARY 8, 2020

is teaming up with an online platform to make credit investments normally reserved for hedge funds and billionaires available in small slices to legions of individual investors. Citigroup Inc. A partnership announced by the bank and YieldStreet Inc.

Online 243

Online Innovation Strategies Marketing Strategy 243

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

AUGUST 9, 2019

On Thursday, six credit unions did exactly that to improve their online payment capabilities through an investment in the digital payments company Payrailz. As credit unions look to improve their technology on smaller budgets, one solution is to band together and pool assets.

Payments 253

Payments Online Technology Company 253

PYMNTS

JULY 29, 2019

In an effort to strengthen engagement, Cobalt Credit Union recently implemented interactive video banking services for its web and online channels that enable members to perform different transactions remotely, including opening a new account.

Pennsylvania 173

Pennsylvania Analytics Maryland Innovation 173

Bank Innovation

NOVEMBER 6, 2019

that it says could help online marketplaces and companies […]. The firm’s surprising solution: help them do it. The bank has spent the last year developing an e-wallet tailored for companies such as Airbnb, Lyft Inc. and Amazon.com Inc.

Online 186

Online Technology Company Innovation Strategies 186

Bank Innovation

OCTOBER 31, 2019

Online lending will comprise about half that total for […]. 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

SEPTEMBER 6, 2019

As banks increasingly take transactions to digital channels, the process to acquire customers also is shifting online thanks to technology that matches product offers to customers based on data. Indeed, Even Financial, a four-year-old startup, has built just such an API to help banks find customers.

New York 170

New York Online Data Technology 170

Bank Innovation

AUGUST 14, 2019

Its latest fundraising gave Klarna, which facilitates online installment payments, a $5.5 When Swedish banking firm Klarna became Europe’s most valuable financial technology startup last week, it was only the latest sign that digital finance has escaped the troubles afflicting legacy lenders. billion valuation.

Fintech 170

Fintech Financial Technology Capital Online 170

PYMNTS

JUNE 1, 2020

Losing customers can be as easy as experiencing one too many online glitches, however, which can drive clients into the competition’s arms. 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

SEPTEMBER 29, 2020

San Diego-based California Coast Credit Union , for example, has instituted automatic loan deferral for its members, while Texas-based Border Federal Credit Union has aided members in filling out online applications for Paycheck Protection Program (PPP) loans.

San Diego 141

San Diego Innovation Cards California 141

Bank Innovation

OCTOBER 9, 2019

In particular, the path to developing more online tools included the acquisition of digital financial planning company LearnVest in 2015 for $250 million. For Northwestern Mutual, digitization imperatives have forced it to think more like a tech company. It’s achieved this by way of internal reorganization and acquisition.

Tools 150

Tools Online Company Customer Experience 150

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

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

NOVEMBER 20, 2019

Cybercriminals are commonly using the same technologies to design and develop nefarious attacks, such as the botnet Mirai and malware like Deep Locker, which used AI and facial recognition to identify targets through factors like geolocation and online behavior. Scotiabank’s Three-Pronged Innovation Strategy.

Fraud 117

Fraud Data Management Analytics 117

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

BankInovation

JULY 8, 2020

Bank Innovation is proud to announce the Banking Automation Summit 2020 virtual experience on Nov. 9-10, an event designed to provide industry professionals the insights, strategies and best practices to automate bank functions.

Innovation 78

Innovation Strategy Industry Online 78

BankInovation

MAY 28, 2020

The chatbots, which answered basic questions about COVID-19 relief and online banking, helped credit union employees focus on more complex questions and kept the credit union from outsourcing customer service calls to a third […].

Management 72

Management Online Technology Customer Experience 72

BankInovation

JULY 24, 2020

While the retail industry quickly implemented practical online solutions such as click and collect to meet changing customer needs, banking and financial services fell behind,” Sitel Group said in a financial services industry snapshot of […].

US 69

US Groups Meeting Retail 69

BankInovation

JULY 15, 2020

Our collaboration with Visa is a giant leap forward in bringing quick, convenient, accessible, and safe payments to consumers when and where they are ready to purchase — online or in-store,” said […].

United States 64

United States Lending Online Technology 64

BankInovation

JULY 14, 2020

The Australian point-of-sale lending company, which launched online in the U.S. Afterpay is heading into brick-and-mortar stores in the United States. in 2018, announced the expansion into physical stores today.

United States 64

United States US Retail Apple 64

BankInovation

JUNE 3, 2020

Bank Innovation is proud to announce the Bank Innovation Build 2020 Virtual Experience, designed to provide industry professionals the insights, strategies and best practices to propel their innovation teams to success. Produced by Bank Innovation and Royal Media, Build will take place Sept. 9 and 10 online.

Innovation 64

Innovation Strategy Industry Online 64

BankInovation

SEPTEMBER 4, 2020

Some of the biggest banks in North America are integrating accounting into their online banking platforms for small businesses. It’s a strategy that eliminates manual data entry for small business clients and helps the bank own more of the client relationship. “Artificial intelligence, quantum computing […].

America 59

America Strategy Innovation Online 59

PYMNTS

APRIL 6, 2017

In some instances, SyPi also allows cardholders to receive push notifications and special offers, including access to rewards for convenient redemption in-store or online. Arghirescu also spoke about one of the groups within Synchrony’s innovation strategy and framework, the Innovation Stations.

Retail 104

Retail Innovation Mobile Technology 104

South State Correspondent

MAY 9, 2022

There are thousands of banks in our industry that use a different application for their online banking channel than their mobile channel. On a macro-level, it’s about managing your channels and your customer segments. The result is two different customer experiences that cannot be brought together.

Technology 195

Technology Customer Experience Data Training 195

Banking 2020

JANUARY 29, 2016

Users will be able to make a donation to a charity or order items online by placing their contactless payment card or their NFC smartphone on the screen. “This initiative is part of the innovation strategy of BNP Paribas, the bank for a changing world.

Payments 40

Payments social media Innovation Strategies ATM 40

Fintech Labs Insights

AUGUST 9, 2016

SaleMove enables organizations to engage online visitors the same way they would in-person, using video, audio, chat, and co-browsing without any downloads or installations. Businesses that use SaleMove are able to provide online customers with the same high-touch interactions that are possible face-to-face. Why it’s great: .

Innovation Strategies 12

Innovation Strategies Strategy Video Customer Experience 12

The Financial Brand

JULY 5, 2021

Online platform brings upscale retail investment funding to smaller markets, providing housing and related construction credit opportunities. The post Consumers Funding Construction Loans in Innovative Fintech Model appeared first on The Financial Brand - Banking Trends, Analysis & Insights.

Innovation 32

Innovation Fintech Banking Trends Analysis 32

PYMNTS

AUGUST 17, 2017

Jamie Armistead, executive vice president of Digital Channels for Bank of the West , recently spoke with PYMNTS about how startups and tech are informing his company’s innovation strategy. Armistead also spoke to the lesson the bank is learning from smartphone apps to better serve its customers online and in brick-and-mortar locations.

Millennials 132

Millennials Digital Banking San Francisco Fintech 132