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What Legacy FIs Miss About The Need For Cloud-Based Infrastructure

PYMNTS

Financial institutions (FIs) have been adapting their platforms and technologies to better suit the needs of more digital consumers for decades, but the coronavirus has placed new importance and pressure on accelerating these efforts. Developments Around The Cloud Banking World.

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How A Digital Makeover Could Be Key To CUs’ Member Acquisition Plans

PYMNTS

This often means providing digital solutions and convenient banking options despite smaller technology and innovation budgets, however. Security is an ongoing concern as well, with countless fraudsters set on hacking CUs to obtain customers’ data. Attracting Customers With Unique Brand, Financial Stability.

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U.S. Bank Chief Innovation Officer Dominic Venturo Talks Digital Strategy

Bank Innovation

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.

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Why Bunq Banks On The Cloud For An Innovative Edge

PYMNTS

Losing customers can be as easy as experiencing one too many online glitches, however, which can drive clients into the competition’s arms. It is not the technology itself that is important, however, but the strategy behind it. It is imperative to examine how newer technologies can play into customer satisfaction.

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How Scotiabank Manages Fraud Protection For A Data-Driven Future

PYMNTS

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.

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BNP Paribas trials seamless payment displays

Banking 2020

Biometrics, contactless technology and social media hold promise, but there is not a straightforward way to create truly frictionless transactions. 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.

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Finovate Fall 2016 Live Blog – Day 1

William Mills

Their technology is basically a card with a built in computer that lets the holder to change a credit card to a different type of credit card, or perhaps even a debit card. Perhaps there is a big bank in Canada that has embraced their technology. From Website: Aleo is a place where you can buy and sell various products and services.

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