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Invest in Data Management to Fight Regulatory Challenges, Survey Says

Bank Innovation

Financial service executives are still concerned about regulatory changes, but the best response is to improve data aggregation and management services. This is according to a survey by AxiomSL, which found that 66% of regulatory executives believe their institution needs to make investments in data management.

Survey 236
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Survey: Quarter Of Americans Open To Banking With Big Tech

PYMNTS

But one thing is clear: Americans would be willing to dispense with their local bank and make Amazon , Apple or Google their primary payment account provider if those 21 st -century accounts allowed them to more easily manage and spend their money. A PYMNTS survey of 3,000 U.S.

Survey 183
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More Financial Professionals Are Looking to Fintech Providers for Commercial Innovation

Bank Innovation

However, more professionals in finance are looking to fintech providers for technological innovation, a survey by TD Bank released yesterday found. While fintech has made headway in consumer banking, commercial applications have remained a little behind the curve.

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BIS To Open Four New Innovation Hubs Over Next Two Years

PYMNTS

The Bank for International Settlements ( BIS ) Innovation Hub is planning on adding four new locations in Europe and North America, according to a press release. The Innovation Hub was launched in 2019 as a way for central banks to collaborate on various innovative solutions to problems, PYMNTS reported.

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PayPal Remains Most Popular ‘Innovative’ Banking Product for Millennials

Bank Innovation

Most millennials—more than 90%—have used or are using PayPal currently, according to the Millennial Money survey released last week by Vested. Other “innovative” banking products (i.e., It might be a better idea to focus on its parent company. those that are not attached to incumbents or traditional banking services) […].

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Charles Potts: Fighting cybercrime one innovation at a time

Independent Banker

Every year, ICBA surveys the industry and its members to identify their top concerns as part of its innovation strategy. Our bankers face both challenges and opportunities as they work to stay ahead of cybercriminals, paying attention to innovative solutions and partners to mitigate cyber risk. Governance.

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Credit Union Innovations Bring In New Payments Flows

PYMNTS

The April 2020 New Payment Flows edition of PYMNTS’ Credit Union Innovation Playbook series, a PSCU collaboration, looks into the credit union (CU) space at a pivotal moment: Many concepts, from eating to shopping to traveling and, of course, how we pay, have changed forever. CUs value innovation that benefits members.