PYMNTS

JULY 2, 2020

Although CU members want innovation in member loyalty and rewards, most credit unions are not delivering these programs up to the desired standards. Credit union members’ high expectations when it comes to loyalty innovation do not necessarily make or break their banking relationships. Loyalty Innovation Strategies .

Innovation 155

Innovation Branding Tools Innovation Strategies 155

PYMNTS

JULY 23, 2020

So, how are CUs changing their card innovation plans to match their current members’ demands and attract new potential members? This is just one of many questions PYMNTS, in collaboration with PSCU , set out to answer in the Credit Union Innovation Playbook: Card Trends Edition. Moreover, 89.4 percent between February and May.

Innovation 174

Innovation Report Cards California 174

PYMNTS

JULY 1, 2019

When it comes to technological innovation, however, the smaller players have long been outgunned by larger FIs and their sizable IT budgets. Today, small banks are more aggressive and ambitious in their innovation strategies than medium-sized and large FIs. This is changing — in a big way. percent) and large banks (23.8

Innovation 157

Innovation Innovation Strategies Survey Groups 157

BankInovation

DECEMBER 2, 2022

National Bank of Canada (NBC) is set to continue its digital innovation strategy through hiring technology-focused talent. “We

National 52

National Technology Innovation Strategies Innovation 52

PYMNTS

AUGUST 8, 2018

Successful innovation is all about operationalization. The good news is that the path to operationalizing innovation looks remarkably similar for all financial institutions (FIs). Whether FIs are big or small, operationalizing innovation comes down to executing on the same four key tenets , starting with making innovation a mindset.

Innovation 109

Innovation Report Innovation Strategies Survey 109

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

MAY 31, 2018

According to recent research from PYMNTS, the industry’s innovation pacesetters are those who devote the most time to developing new features, products and services. They are also the FIs that allocate the majority of their budget and other resources to testing those innovations. So what’s an FI to do? Enter the sandbox test.

Innovation 116

Innovation Data Innovation Strategies Community Bank 116

Bank Innovation

OCTOBER 3, 2019

The road to differentiation among fintech startups entered a new phase this week: patenting technology to put a brand’s stamp on it forever. On Tuesday, personal finance technology startup Movencorp confirmed that it patented its digital financial wellness product.

Technology 186

Technology Branding Fintech Company 186

Bank Innovation

MAY 1, 2020

Banks are accelerating their technology projects in light of the coronavirus pandemic. Whether its Happy State Bank pushing out video teller machines or TSB Bank launching a virtual assistant in five days, banks are trying to find new ways to connect with customers during times of social distancing. Legacy banks in the U.S.

Video 259

Video Innovation Technology Customer Experience 259

PYMNTS

JULY 30, 2019

Modern credit unions understand all too well that loyalty innovation is critical to staying in business, and that those that do not prioritize it risk losing a significant share of their members. Loyalty-based innovation is a top concern for many credit union (CU) members, as outlined in the latest Credit Union Innovation Playbook.

Innovation 108

Innovation Data Analytics Video 108

ABA Community Banking

JUNE 17, 2019

A new way for banks to get their innovation strategies off the ground. The post Getting Ahead of the Innovation Game appeared first on ABA Banking Journal.

Innovation 55

Innovation Innovation Strategies Strategy Leadership 55

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.”. The third benefit is becoming critical to the evolving banking industry.

Innovation 132

Innovation Strategy Innovation Strategies Security 132

PYMNTS

SEPTEMBER 17, 2019

There is a mountain of friction in commercial payments today that seems to have held the industry back from the kind of rocket-pace innovation propelling retail and consumer payments into the future. Opaque payments moving sluggishly across borders and between banks. Thinking Beyond the Payer. Payment Rails Converging.

Innovation 132

Innovation Payments Cards Industry 132

PYMNTS

MAY 29, 2020

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. Developments Around The Cloud Banking World.

Digital Banking 230

Digital Banking Innovation Online Technology 230

BankInovation

DECEMBER 21, 2020

The post Banking Darwinism: Technology adaptations for a post-COVID world first appeared on Bank Innovation. We’re witnessing this theory in real time. For years, banking has […].

Technology 92

Technology Innovation Innovation Strategies Strategy 92

Bank Innovation

DECEMBER 13, 2019

Smaller banks and credit unions are under increasing pressure from larger banks and tech-centric financial services companies. New data shows why significant gaps in mobile banking capabilities are complicating these FIs’ struggles to keep up.

Mobile 300

Mobile Data Technology Trends 300

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

DECEMBER 31, 2020

Like their cousins in banking, credit unions (CUs) long enjoyed a relaxed pace of technological change. Consumers waited on financial institutions (FIs) to innovate in an odd relationship that put business needs before customers’ needs. It was all on their timetable. Not anymore. CUs Are Going Next-Gen.

Survey 235

Survey Arizona Innovation Innovation Strategies 235

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

BankInovation

SEPTEMBER 22, 2020

Banks increasingly scout emerging technologies through their own innovation programs. Just last week, Truist announced the launch of its new venture investing arm and BNY Mellon announced a new accelerator program.

Innovation 64

Innovation Technology Innovation Strategies Strategy 64

Bank Innovation

FEBRUARY 10, 2020

As banks continue to explore best practices around handling customer data, insight from core technology provider Fiserv suggests open banking can help banks compete with fintechs and large incumbents alike. “By

Innovation 284

Innovation Fintech Data Technology 284

Bank Innovation

APRIL 7, 2020

Together with Galileo, we will partner to build on our companies’ strengths to drive even greater financial technology innovation, making those products and […]. In a year of major fintech acquisitions, SoFi today announced a $1.2

Financial Technology 259

Financial Technology Innovation Fintech Technology 259

PYMNTS

NOVEMBER 23, 2020

SMBs have responded to public health needs and consumers' new demands by launching innovative, omnichannel approaches to selling items, fulfilling orders and accepting payments. Katie Swett Miller , eCommerce product lead at payment platform provider Square , has observed many SMBs trying different innovation strategies.

Report 192

Report Case Study Payments Strategy 192

BankInovation

SEPTEMBER 22, 2020

Banks increasingly scout emerging technologies through their own innovation programs. Just last week, Truist announced the launch of its new venture investing arm and BNY Mellon announced a new accelerator program.

Innovation 52

Innovation Technology Innovation Strategies Strategy 52

Bank Innovation

OCTOBER 24, 2019

Technology and the rise of fintechs have called into question almost every traditional banking model, requiring banks to either adapt or be left behind. In today’s digital age, some banks have been slow to innovate or to create a more […].

Innovation 253

Innovation Fintech Industry Technology 253

Bank Innovation

SEPTEMBER 23, 2019

Tom Eck, Global Chief Technology Officer of Industry Platforms at IBM, told Bank Innovation that the number of startups in Catalogue is a result of significant effort on the part of the technology […].

Fintech 231

Fintech Software Innovation Industry 231

Cisco

NOVEMBER 15, 2022

It is about opening up information to spur innovation of third-party providers to build new, added-value offerings. Before open banking, financial institutions would hold on to its customers data, so it was difficult for new, innovative financial services providers to break into the market since they couldn’t access the data.

Innovation 160

Innovation Security Innovation Strategies Data 160

Bank Innovation

DECEMBER 6, 2019

Auto Finance News is excited to announce that applications are open for the 2020 DEMOvation Challenge, which will take place at the Auto Finance Innovation Summit on March 10-11 at the Omni San Diego.

San Diego 195

San Diego Innovation Technology Innovation Strategies 195

BankInovation

DECEMBER 14, 2020

INV Fintech, Bank Innovation’s sister accelerator, today released its new platform designed for financial institutions to more effectively discover fresh startup technologies, strategies and products.

Fintech 94

Fintech Innovation Strategy Technology 94

BankInovation

NOVEMBER 6, 2020

Wells Fargo is exploring new technology in the corporate credit card and legal servicing space.

Innovation 72

Innovation Cards Technology Innovation Strategies 72

BankInovation

JUNE 25, 2020

A recently launched fintech consortium in Greater Sacramento is already generating partnerships between local technology providers and financial institutions.

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Sacramento Fintech Innovation Technology 87

The Financial Brand

NOVEMBER 17, 2019

The co-founder of Apple Computer, Steve Wozniak provides insights on innovation, technology and the future for the Banking Transformed podcast. The post Steve Wozniak Shares Perspectives On Technology, AI and Innovation appeared first on The Financial Brand.

Innovation 27

Innovation Technology Apple Branding 27

Perficient

MARCH 8, 2023

The program has 10 courses in topics including business finance, digital marketing, and innovation strategy. Gender diversity is an essential component of delivering elevated business strategies. As part of the initiative, Goldman Sachs developed a free online business education program available to women globally.

Innovation Strategies 275

Innovation Strategies Study Marketing Leadership 275

BankInovation

JULY 23, 2020

Capital One is leaning into its technology investments and digital roadmap as it looks to rebound from the economic disruption of COVID-19 amid declines in revenue across its credit cards and commercial and consumer banking lines.

Technology 69

Technology Capital Cards Company 69

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

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

The Financial Brand

SEPTEMBER 27, 2020

Creating an innovation culture with data, advanced analytics and technology will position organizations for successful digital transformation. The post Digital Transformation Demands a Culture of Innovation appeared first on The Financial Brand.

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Innovation Analytics Branding Data 43