PYMNTS

DECEMBER 4, 2020

Banking as a Service (BaaS) is poised to change the end user experience of corporates as they navigate the daily challenges of cash flow management, supply chain activity and the need to become digital-first. Elsewhere, StreetShares raised $10 million to expand small business lending technology for banks and credit unions.

Lending 224

Lending Meeting User Experience Innovation 224

Perficient

JANUARY 16, 2023

This can include offering lending services or creating embedded bank accounts for other businesses or consumers. There are many third-party ‘banking-as-a-service’ companies that use API integrations to embed financial services into the user experience of non-financial companies. Embedded Finance and Blockchain . Conclusion .

blockchain 275

blockchain Software Customer Experience Strategy 275

PYMNTS

NOVEMBER 23, 2020

Small and medium-sized businesses (SMBs) got their clocks cleaned by the pandemic, and turning to their traditional lending sources, they’ve encountered sclerotic systems and outdated policies not conceived for the needs of the recovering Main Street merchants of 2021. We no longer go to the bank,” Potter told PYMNTS. We're not connected.

Data 143

Data User Experience Fintech Lending 143

PYMNTS

MARCH 8, 2019

Signing up for a new financial product or service needs to remain as convenient and secure as possible if third-party providers want to gain the trust and loyalty of modern consumers, said Didier Baclin, chief innovation officer of U.K.-based based P2P loan provider Zopa , in a recent interview with PYMNTS. company, TrueLayer.

Lending 135

Lending Data Security Regulation 135

PYMNTS

OCTOBER 29, 2020

Small business lending platform BlueVine is the latest FinTech to take this path, having taken the wraps off of its banking solution this week with the launch of BlueVine Business Banking. First Horizon Bank Adopts NCR Technology. With more and more FinTechs introducing their own banking services, the competition is heating up.

US 203

US Fintech Tennessee Compliance 203

PYMNTS

APRIL 30, 2018

It’s a thought that was triggered recently after reading and reflecting on recent developments across three innovations heralded as FinTech’s poster children — disruptors out to change the world and eat the proverbial lunches of incumbents they say are too big and too unmotivated to change. Marketplace lending. Marketplace Lending.

Fintech 183

Fintech blockchain Lending Digital Banking 183

PYMNTS

SEPTEMBER 25, 2019

Among the biggest ongoing challenges and opportunities in payments – and a trend that will hold well into the 2020s, which are just about to start – is using mobile technology to bring more consumers into the formal financial sector. Nigerian banks don’t like to lend,” Hainy said. That’s not all. So that’s our starting point.”.

How To 130

How To Lending Digital Banking Examples 130

PYMNTS

JANUARY 22, 2020

For others, like NatWest and Sabre , that means collaborating on corporate card products that augment the end-user experience. Below, PYMNTS examines the latest in commercial card innovation, regulation and disruption. Visa, Sabre Pair For Virtual Travel Cards. NatWest Bolsters SMB Loans With Cards.

Cards 131

Cards New York Lending Strategy 131

PYMNTS

JULY 30, 2019

The market as a whole can benefit from the competition and innovation that open banking will provide to the industry.”. Those opportunities are particularly impactful in an era of banking where customer service and end-user experiences are often the defining factor of whether a customer is loyal or not. Europe, U.S. Europe, U.S.

User Experience 122

User Experience America Analysis Industry 122

South State Correspondent

APRIL 27, 2022

In this article, we walk through why banks should focus on total experience (TX) and give you the ten critical factors that can catapult your bank ahead of almost every bank in the industry. What Is Total Experience? Total experience is the latest evolution of providing superior service.

Customer Experience 195

Customer Experience eBook User Experience Policies 195

PYMNTS

DECEMBER 2, 2019

As Founder Masayoshi Son has said, the goal may be to build a company that can grow 300 years down the road, banking on game-changing technologies, such as artificial intelligence. There’s a continuous need, too, for tech innovators to find distribution. As a result, last month, the company reported a $6.5 First Enable, Then Disrupt.

Capital 127

Capital Innovation User Experience Payments 127

PYMNTS

MARCH 2, 2020

Corporate payments innovation has cast a wide net to tackle the many pain points businesses experience today, with accounts payable (AP) one of the most popular targets for disruptors. Corporates need to be able to provide a positive end-user experience — even across borders — and do so cost efficiently.

Payments 151

Payments Cards Meeting Lending 151

PYMNTS

DECEMBER 3, 2019

Though commercial card innovation has recently hit an acceleration point, there is still plenty of room for progress. Power Director of Wealth and Lending Intelligence John Cabell in a statement. Eika Invests In Corporate Card Innovation. ” Galileo Looks To Developers For B2B Card Innovation.

Cards 101

Cards Innovation Tools Study 101

PYMNTS

AUGUST 4, 2020

When the story of the coronavirus is written, when it comes to financial services, the key chapters will focus on the pace at which innovation accelerated — and where a range of players came together to create ecosystems, rather than to simply compete in zero-sum, winner-take-all bids for consumers.

Google 298

Google Digital Banking Course Branding 298

PYMNTS

SEPTEMBER 27, 2019

This week, two massive deals landed with B2B payments innovators at Fundbox and Tipalti, but they were far from the only players to have secured new funding. Operating out of New Zealand, Hnry offers gig economy workers tax administration technology that has just caught the attention of investors to the tune of $1.35

Payments 149

Payments Capital Taxes Lending 149

Abrigo

FEBRUARY 8, 2022

Takeaway 1 NBFIs are agile and innovative and are competing head-to-head with traditional financial institutions. Branch networks and banking hours have been replaced with mobile banking and user experience as important decision criteria in choosing financial relationships. Here are 10 basics to ensure a sound program.

Compliance 195

Compliance Training Regulation Fraud 195

Cisco

AUGUST 23, 2019

Financial service providers continue to de-risk their lending environment and traditional lenders are less likely to offer finance in the face of strict regulatory requirements. Similarly, the role of finance and leasing companies has evolved to focus on providing customers with a seamless omnichannel experience.

Industry 49

Industry User Experience Compliance Capital 49

Independent Banker

MAY 26, 2016

Rebuilding a reputation as payment innovators. These nonbank players are viewed as disruptive and innovative, a position once held by financial institutions. These nonbank players are viewed as disruptive and innovative, a position once held by financial institutions. By Jeff Weikert.

Community Bank 70

Community Bank Community Innovation System 70

PYMNTS

MAY 22, 2018

One sea change, as noted by Edwards, has come within lending, where firms like OnDeck and Kabbage have adopted and adapted to instant funds availability. In lending, it’s all about “money you needed an instant ago and you get an instant from now,” said Edwards – and the card rails are the only ones making that work right now.

Payments 101

Payments United States Lending User Experience 101

Fintech Labs Insights

AUGUST 23, 2016

Fiserv delivers deep expertise and innovative solutions to help financial institutions move beyond traditional banking and provide consumers with a complete and seamless banking experience. Positions financial institutions to disrupt the social lending space. Elizabeth Santorelly, Innovation Manager. Register today.

User Experience 12

User Experience Lending Innovation Strategy 12

William Mills

JUNE 16, 2016

It has moved us all to this truly fantastic crossroads where innovation and mass technology adoption have taken financial services by storm. Perhaps the most important reason consumers have embraced new banking technologies is the emergence of an on-demand, on-the-move economy. 2) The fintech tide still rising. billion in 2010.

Fintech 40

Fintech Industry User Experience US 40

William Mills

JUNE 16, 2016

It has moved us all to this truly fantastic crossroads where innovation and mass technology adoption have taken financial services by storm. Perhaps the most important reason consumers have embraced new banking technologies is the emergence of an on-demand, on-the-move economy. 2) The fintech tide still rising. billion in 2010.

Fintech 40

Fintech Industry User Experience US 40

NCR

JANUARY 17, 2017

As fintech startups battle it out to get their share of the business, the drive for innovation is spreading well beyond traditional tech hubs and basic banking products. The difficulty comes with maintaining the right balance between fully complying with regulatory demands and keeping user experience simple.

Fintech 40

Fintech Trends Industry Compliance 40

Fintech Labs Insights

AUGUST 24, 2016

We’ve seen authentication strategies evolve from a simple username and password to biometric technologies that leverage voice, behavioral, and facial recognition, as well as device tokenization and Touch ID to help banks increase security while decrease friction for end consumers. Status quo is no longer an option. Collaboration.

Fintech 12

Fintech New York UX Lending 12

William Mills

MAY 11, 2016

Race Data brought bank client on stage who is thrilled with the product, he also states that the technology gives context to bank call center employees as well. ^KT. Katerina Frolovicheva (MD, Technologies Innovations). This is a leading bank in Russia, with a track record of fintech innovation. Robert Armiak (CEO).

Video 40

Video Mobile social media Analytics 40

PYMNTS

JULY 13, 2017

It’s often declared dead, innovators of all stripes are constantly declaring war on it and it is so out of style that even technologies relating to it are considered doomed to the ranks of historical obscurity. What’s Next in Idea Bank’s Innovation Calendar. Which, in turn, he said, means bringing better access to it.

ATM 100

ATM Innovation Mobile User Experience 100

PYMNTS

DECEMBER 30, 2020

Corporate Spending Innovations (CSI) President David Disque , for instance, spoke with PYMNTS about the challenges organizations face regarding interconnectivity with their business partners, as well as the friction that exists in moving not only electronic money, but electronic data from one corporate to another. It's All About Timing.

Payments 297

Payments Innovation Cards Trends 297

PYMNTS

NOVEMBER 24, 2020

“Our clients trust us to not only be constantly innovating around digital banking and payments, but also to guarantee safety and security. Being able to provide the powerful security and authentication services of Entersekt will significantly add to our platform offering,” said George Murage, chief technology officer at Cellulant.

Digital Banking 145

Digital Banking Security User Experience Fraud 145

Tefkin

NOVEMBER 16, 2015

It feels like fear around artificial intelligence is slightly receding and that the discussion has evolved toward what it can actually do now and its application in the current crop of technology companies. One of my long standing pet peeve is the lack of innovation in building User Experience for Financial Services.

Examples 38

Examples Training Analysis Data 38

CB Insights

MARCH 8, 2018

These startups “challenge” the traditional incumbent business model by charging customers transparent low fees, providing faster services, and delivering a better user experience through always-available digital interfaces. Atom Bank, for example, launched a savings account and SMB lending after regulatory approval.

Retail 78

Retail Digital Banking Fintech Regulation 78

PYMNTS

MARCH 31, 2017

Everyday consumers are taking innovative ideas for products and services into their own hands and going directly to the public to help mobilize them. In order to thrive, the sharing economy requires various people to lend their resources. Incumbent resistance / lack of incentive to innovate (i.e. Centralized vs. Decentralized.

blockchain 100

blockchain System social media Technology 100

Fintech Labs Insights

JULY 21, 2016

Blend , whose name stands for better lending, uses a two-pronged approach that benefits both lenders and borrowers. The San Francisco-based company offers mortgage lenders white-labeled technology to help efficiently originate loans while giving applicants the smoother user experience they’ve come to expect.

San Francisco 12

San Francisco Data Industry Mobile 12

PYMNTS

APRIL 23, 2018

Physical retail is being disintermediated by a host of new players using digital technologies and data that further erode their relevance. In 1979, Sony introduced the Walkman , an innovation that made music both portable and personalized. For the first time, local and regional DVD rental stores aside, people across the U.S.

Retail 117

Retail Maine Lending Software 117

Insights on Business

AUGUST 28, 2019

One of the privileges of the innovation team is that we get to evangelize concepts that are poised to reshape how our business will function. While fundamentally an architectural paradigm, technology designed as microservices has the potential to change both the way clients use the tools at their disposal and shift the way they do their jobs.

Management 87

Management Risk Management Resources Analytics 87

PYMNTS

MAY 31, 2019

based SeedLegals is in the startup funding business, but it’s not exactly an alternative lending FinTech. In an interview with PYMNTS earlier this week, Crowdz discussed the role of promoting AR technology adoption by working with the legacy systems and tools already in-place within the back-office, including paper invoices and checks.

Capital 143

Capital Analytics Big Data Data 143

PYMNTS

APRIL 8, 2019

Card Payouts is a card-based, front end user experience that integrates with treasury banks’ existing infrastructure. A hundred forty-five years after money was first moved by wire transfer using the telegraph, money still travels relatively slowly – a surprise given all of the innovation that surrounds it.

Data 100

Data Payments Cards San Francisco 100

Insights on Business

AUGUST 28, 2019

One of the privileges of the innovation team is that we get to evangelize concepts that are poised to reshape how our business will function. While fundamentally an architectural paradigm, technology designed as microservices has the potential to change both the way clients use the tools at their disposal and shift the way they do their jobs.

Management 70

Management Risk Management Resources Analytics 70