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

JANUARY 6, 2020

plans to recruit 2,500 programmers this year for the unit that houses its traders and investment bankers, bulking up on coders and data scientists as technology reshapes the business. Citigroup Inc.

Technology 243

Technology Operations Data Innovation Strategies 243

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

Bank Innovation

APRIL 29, 2020

Great Southern Bank is using lending technology from the cloud banking vendor nCino to increase efficiency for commercial and retail loan officers. “We

Lending 259

Lending Retail System Operations 259

Bank Innovation

APRIL 6, 2020

We are ensuring [employees] continue to operate at the highest standards with the proper technological tools and access so they […].

Tools 259

Tools Operations Technology Customer Experience 259

Insights on Business

APRIL 5, 2018

This technology requires that we take the time to understand the jobs our clients need to get done and design our APIs accordingly. Innovative strategies and value propositions. Morningstar’s clients hire us when we get this right and we strive to continuously enhance the value our APIs deliver.

Operations 102

Operations Analytics Software Data 102

PYMNTS

AUGUST 22, 2019

Jamie Warder, head of digital banking for KeyBank , noted that challenger banks’ newfound popularity may be forcing legacy institutions to innovate, granting them more opportunities to better engage and serve customers. “At Legacy Banks and the Innovation Game. where they are measuring their services against legacy FIs.

Innovation 109

Innovation Digital Banking Fintech US 109

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

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

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

South State Correspondent

MAY 9, 2022

The most significant problem with bank innovation is that bankers see or hear about a sexy piece of technology at a conference or at another bank and then acquire it. The new piece of technology ends up solving a known problem but, in the process, creates more problems, and risks, than it solves.

Technology 195

Technology Customer Experience Data Training 195

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. From a retail perspective, it is very clear that although everyone is at a different point in the journey, everyone is pushing for innovation.

Retail 104

Retail Innovation Mobile Technology 104

Banking 2020

MAY 12, 2015

Specifically, it taught me about customer empathy and experimentation as two good tools to use in innovation. Personal Innovation: You see, I used to be quite unhealthy, living on a steady diet of junk food matched with no real exercise regimen. I wanted to see how the credit union operates in a real-world context. eventually.

Innovation 40

Innovation Digital Banking Survey Exercises 40

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

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

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

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

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

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

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

CB Insights

MAY 15, 2019

One popular approach: in-house financial innovation labs. We’ve created a list of finance innovation labs from some of the biggest names in the industry, as well as from newcomers looking to make a name through tech. We’ve written about corporate innovation theater before — and how sometimes corporate innovation goes wrong.

Innovation 78

Innovation blockchain Technology Groups 78

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