PYMNTS

JANUARY 14, 2021

The PYMNTS December Credit Union Tracker® , done with the help of PSCU, found that “digital-first approaches are … expected to remain a staple of credit unions’ operations as they craft their innovation strategies for the next year and beyond, especially as 88 percent of CUs surveyed in early 2020 said that they intended to focus more on technologies (..)

Innovation Strategies 155

Innovation Strategies Cards Analytics Survey 155

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. Q: Finally, do you have any thoughts on upcoming ATM innovations and trends?

Innovation 147

Innovation ATM Software Policies 147

PYMNTS

APRIL 2, 2020

Competition for customers — especially millennials — from larger banks and FIs has long required credit unions to keep pace with their more innovative counterparts. This often means providing digital solutions and convenient banking options despite smaller technology and innovation budgets, however.

United States 174

United States Security Innovation Mobile 174

Bank Innovation

OCTOBER 2, 2019

This week, PayPal expanded the scope of its global ambitions through a 70% equity stake in Chinese payments company Guofubao Information Technology, which is known as GoPay. Through it, PayPal acquired a license to operate in China and access to millions more customers.

Marketing 170

Marketing Operations Payments Technology 170

Bank Innovation

NOVEMBER 15, 2019

A company that operates quietly in the background of popular financial apps and platforms is taking steps to become more visible.

Tools 170

Tools User Experience Cards Fintech 170

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 . Likewise, 33.3

Innovation 155

Innovation Branding Tools Innovation Strategies 155

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. “I Scotiabank’s Three-Pronged Innovation Strategy.

Fraud 117

Fraud Data Management Analytics 117

PYMNTS

SEPTEMBER 17, 2019

However, as Phalen noted, Visa’s Global Business Solutions can take advantage of Visa’s card expertise, to truly address both buyers’ and suppliers’ payments needs, solutions cannot force one technology or one rail on a user. Payment Rails Converging. Rethinking the Infrastructure. That’s a pretty significant change.

Innovation 132

Innovation Payments Cards Industry 132

BankInovation

MAY 5, 2020

Last week, the team at INV Fintech, Bank Innovation’s sister innovation platform, met with the innovation team at a large bank — by Zoom, of course.

Innovation 69

Innovation Course Operations Fintech 69

PYMNTS

AUGUST 22, 2019

It [pushed] us at Key to build a design center that we never had before. … [It] pushes us to buy … and acquire technology companies,” he said. Legacy Banks and the Innovation Game. They can bring a different way of thinking; it’s about how modern technologies and data can make that better.”.

Innovation 109

Innovation Digital Banking Fintech US 109

BankInovation

OCTOBER 22, 2020

Umpqua Bank is betting on a number of key technology projects around cloud computing, automation and its Go-To app to improve operating efficiency with launch of a new strategic roadmap called Next Gen 2.0. “We We launched Next Gen 2.0 [in

Operations 64

Operations Technology Innovation Strategies Strategy 64

The Banker Technology

SEPTEMBER 12, 2016

Chief operating officer Turgut Güney outlines the bank’s innovation strategy to Joy Macknight. Akbank took the decision to embrace open banking ahead of wider adoption in the Turkish market in order to gain a competitive advantage.

Innovation Strategies 28

Innovation Strategies Strategy Innovation Operations 28

Insights on Business

JUNE 5, 2018

When you think of technologies that are changing the way the banking industry conducts business, is your first thought chatbots? Helping keep these memories blissfully distant is conversational computing technology. ” But not all chatbots are created equal. But finding which vendor works best for you is all that matters.

Resources 101

Resources Innovation Strategies Report System 101

PYMNTS

APRIL 6, 2017

Considering all of the new technologies, changing consumer behaviors and innovation taking place across the retail sector, we have no way of knowing exactly what’s coming next. Retail is and will continue to be vastly accelerated by the pace of new technology as well as the changing consumer patterns,” Arghirescu said.

Retail 104

Retail Innovation Mobile Technology 104

Bank Innovation

MARCH 19, 2020

With the novel coronavirus forcing employees to work from home, banking technology and security infrastructures are being put to the test.? Today, if you are not a frontline employee, you are working from home,” said Jason Shields, vice president and loan operations manager at Gulf Coast Bank, which is based in New Orleans.

Security 51

Security Operations Management Technology 51

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. The price of real estate is prompting even the largest players in the banking world to scale back their branch operations. Staying on Top of Customer Expectations.

Millennials 132

Millennials Digital Banking San Francisco Fintech 132

BankInovation

JANUARY 26, 2023

Successful innovation in business requires much more than just a good idea. Strategic planning and having the proper teams and technology are also key, but what might be the most important element is listening to what the client wants.

Innovation 52

Innovation Capital Technology Innovation Strategies 52

PYMNTS

JUNE 18, 2020

The platform has enabled the use of shared IT infrastructure and services to create a flexible, scalable, and on-demand internet technology (IT) environment, according to the report. That investment now has the potential to transform the way some businesses operate.”.

Resources 221

Resources Innovation Strategies Analytics Innovation 221

Banking 2020

MAY 12, 2015

Innovation in Banking: These travails seem very distant from my professional life, but I had all these thoughts in mind during a visit to a federal credit union. We were going through decks and other documents—typical strategy steps—but I knew we needed to get out in the field. We were able to identify opportunities for improvement.

Innovation 40

Innovation Digital Banking Survey Exercises 40

The Financial Brand

DECEMBER 8, 2016

Insurance is using digital technology and devices to reduce costs, enhance customer experiences and improve back and front office operations.

Trends 12

Trends Customer Experience Operations Technology 12

William Mills

SEPTEMBER 7, 2016

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. operation of Russian-based company. I think cards from Dynamics ARE big in Canada.

Mobile 40

Mobile Cards Fraud Data 40

CB Insights

MAY 15, 2019

DBS launched its Singapore innovation lab to break out of its “traditional banking mindset to think, behave, and deliver more like a technology company,” according to Neal Cross, chief innovation officer. DBS leaders expect to see more than 5,000 people actively innovating DBS’ services and operations at DAX each year.

Innovation 78

Innovation blockchain Technology Groups 78