PYMNTS

JULY 31, 2019

However, financial institutions (FIs) are getting better at separating vital areas of innovation from the hype. Banks are increasingly focusing on the fundamentals when determining their innovation agendas. Payment technology is in many ways the flagship among the fleet of innovations that banks are pursuing.

Innovation 151

Innovation Report UX User Experience 151

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

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

JUNE 1, 2020

It is not the technology itself that is important, however, but the strategy behind it. The second] is the added security because obviously, as a bank, security is paramount, and [third], it allows for new technologies to be deployed rapidly.”. ML, the Cloud and Competition.

Innovation 132

Innovation Strategy Innovation Strategies Security 132

PYMNTS

JULY 18, 2019

Depending on where you look, the chasm yawns wide when it comes to innovating with new technologies or features. In a PYMNTS interview with Karen Webster, Joe DeRosa, EVP of Global Sales at i2c , discussed the findings of the July 2019 Innovation Readiness Playbook , subtitled “Leveling the Playing Field for Different-Sized FIs.”

Innovation 155

Innovation Study Technology Millennials 155

PYMNTS

JULY 30, 2019

It found nearly 40 percent of them would consider leaving their current CUs because the financial institution provided inconvenient services or was unable to address their problems and data security concerns, among other reasons. . Given the high stakes, it is clear that credit unions must pursue the innovations members value most.

Innovation 108

Innovation Data Analytics Video 108

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

BankInovation

DECEMBER 31, 2020

WSFS Bank and Google Cloud named new technology and security chiefs while API provider Galileo appointed a chief revenue officer, and automated investing platform Wealthfront filled out its banking advisory group with regulatory heavyweights. Financial institutions rounded out 2020 with new faces filling C-suite positions.

Fintech 80

Fintech Google Innovation Groups 80

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 Management Operations Technology 51

Banking 2020

JANUARY 29, 2016

Biometrics, contactless technology and social media hold promise, but there is not a straightforward way to create truly frictionless transactions. “This initiative is part of the innovation strategy of BNP Paribas, the bank for a changing world. It’s exactly what the industry is aiming for.

Payments 40

Payments social media Innovation Strategies ATM 40

BankInovation

JULY 17, 2020

Credit unions are rejecting some of the big core providers and instead choosing startups to overhaul their technology. Royal Oak, Mich.-based based banking software company Bankjoy has grown its customer base by 50% since the start of the pandemic. Point-of-sale lending, meanwhile, is continuing its rapid growth trajectory.

Lending 64

Lending Software Technology Company 64

PYMNTS

AUGUST 1, 2019

But how much are FIs really investing in blockchain and artificial intelligence (AI) compared to more foundational innovations? The latest Innovation Readiness Playbook looks at where FIs have been focusing over the past three years and what their plans are for the near future. When asked about specific innovations, 56.1

Innovation 142

Innovation UX Analytics Study 142

PYMNTS

FEBRUARY 22, 2017

This year, Fiserv is nominated for yet another PYMNTS Innovation Project award, this time for the NACHA Best Innovation in ACH Award. “We’re at a really exciting time in financial services, where there are so many examples of fantastic innovation around the market,” he recently told PYMNTS.

Innovation 129

Innovation Security Innovation Strategies Data 129

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. From Website: Aleo is a place where you can buy and sell various products and services.

Mobile 40

Mobile Cards Fraud Data 40

CB Insights

MAY 15, 2019

Key people: Annie Ye, Head of DAX, Senior Vice President, DBS Innovation Group; Neal Cross, Managing Director & Chief Innovation Officer. DBS leaders expect to see more than 5,000 people actively innovating DBS’ services and operations at DAX each year. Founded: 1999 and 2005. Capital One — Capital One Labs.

Innovation 78

Innovation blockchain Technology Groups 78