Bank Innovation

FEBRUARY 20, 2017

Mobile-first Starling Bank released a video today showing off an integration of its API with a Google Home device. The feature is not available for Starling customers yet, though it’s coming, according to Megan Caywood, chief platform officer at Starling Bank.

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PYMNTS

APRIL 24, 2020

Some have added support for in-branch digital technologies such as video banking screens and upgraded ATMs to minimize in-person contact while making sure customers’ needs are met, for example. Digital Technologies Under COVID-19. British FI Nationwide U.K. Several U.K.

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PYMNTS

AUGUST 5, 2020

While video streaming services remain popular, research indicates more consumers are also turning to online gaming and gambling platforms. The Tracker also examines how both fraudsters and online gaming platforms are employing new emerging technologies to muscle bad actors out of these services.

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Bank Innovation

JUNE 2, 2016

The Cooperative Bank of Epirus (CBE), based in Ioannina, Greece, has launched video customer service using Skype in April for its online banking customers. Now, even Skype is a banking channel.

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Abrigo

FEBRUARY 9, 2017

I often find my teen-age son sprawled across the couch, watching YouTube videos on his tablet. Or, “Watching a video about a videogame.” The truth is, today’s teens spend a lot of their “down time” being entertained by watching short videos on YouTube. QuickBooks Online tutorial” generates more than 200,000 results.

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PYMNTS

AUGUST 6, 2019

Walmart-owned eCommerce firm Flipkart is introducing a Hindi version of its app that will include free videos as well as other tech perks, like premium content, TechCrunch reported on Tuesday (Aug. The rules prevent online merchants from getting vendors to sell products exclusively with them on their platform.

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PYMNTS

SEPTEMBER 23, 2020

Senior citizens are the demographic group most vulnerable to identity fraud, as they are often not as digitally savvy as their younger counterparts nor as adept in online security best practices. Technologies like video onboarding and AI have shown promise in facing this threat, but each is vulnerable when deployed alone.

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PYMNTS

OCTOBER 25, 2020

Touting 5G data speeds that are already 25 times faster than current 4G technology (and will eventually be 100 times faster), the two companies said the security, reliability and ultra-low lag times will bring increased efficiency and reduced costs.

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PYMNTS

NOVEMBER 3, 2020

Quick-service restaurants (QSRs) that were behind the curve on digital technologies have quickly pivoted to enable touchless payments and delivery. Sprinkles , a Beverly Hills, California-based confectioner, was as prepared as a QSR could possibly be for the rush to online ordering, payments, pickup and delivery.

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Bank Innovation

SEPTEMBER 5, 2017

Swiss software company, Crealogix is acquiring the artificial intelligence (AI) technology of Koemei for an undisclosed amount.

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PYMNTS

NOVEMBER 13, 2019

FIs have thus been seeking out online verification methods that are rigorous enough to meet regulatory approval but quick enough for customers. Many FIs are interested in the potential of video-based KYC, through which customer-provided videos of themselves are compared against the images on their ID documents.

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Perficient

JANUARY 12, 2021

Consumers are looking for online buying processes that are easy and can provide opportunities to search, learn, and purchase products without and roadblocks, especially during COVID-19. It seems that businesses and customers truly are at a new inflection point with this technology and opportunities are available for brands.

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Bank Innovation

DECEMBER 5, 2016

Amazon released a video today promoting its Amazon Go stores and their “Just walk out” technology. Users check in with their apps at the door and then fill their shopping bags and leave. For now there is just one store and it’s in Seattle and only open to Amazon employees, Read More.

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Perficient

OCTOBER 19, 2020

Marketing : The financial industry will use videos to engage with customers, replacing FAQs, and product demos. Financial institutions need to use videos that create a human connection and speak directly and personally to the customer. booking appointments, working with sales and support teams online).

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Bank Innovation

MAY 25, 2017

The payments processor developed a way to bring payments into VR, utilizing the technology to create the same experience of tapping a card on an EMV terminal—except, the card is virtual, […]. When virtual reality shopping finally becomes the norm, WorldPay wants to make sure consumers will have a way to pay for those virtual pants.

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Bank Innovation

NOVEMBER 15, 2016

Every year, Bank Innovation chooses the bank and fintech videos that made us laugh, the ones that made us cry, the ones that made us want to go out and buy baby animals, and of course, the ones that made us go out and better manage our finances (well, we tried.) Read More.

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PYMNTS

FEBRUARY 16, 2018

One company, Viewly, based in Slovenia, seeks to bring a token and blockchain-based model to the video content realm, leveraging a patronage model to bring together creators and their audience, however niche (and nascent) they might be. YouTube and Vimeo have a virtual monopoly, with a combined market share of more than 90 percent.”.

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Bank Innovation

MARCH 11, 2016

Video banking — customers talking via video feed to bankers who may be far away — is already a big thing in branches in Britain, and it’s about to get bigger. It will soon to be tested for users at … home. Nationwide Building Society, a member-owned financial institution with around Read More.

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PYMNTS

JULY 16, 2020

Online learning is likely to become even more prevalent in the months ahead, with many summer camps canceled and questions remaining about how schools will reopen in the fall. The global market for online learning services was projected to grow 28.6 It is now pegging its near-term future on online classes.

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Bank Innovation

JANUARY 4, 2018

The device uses NFC technology to allow users to pay: simply “first bump” the payment terminal, Bankwest says, and go on your way. The ring, alongside other wearable payment technologies, was first beta’d by […].

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PYMNTS

DECEMBER 12, 2018

Right now, though, we are talking about fraud, and how criminals use online data sites to steal from consumers in search of romance or, at least, some temporary companionship. Global fraud related to online dating scams costs “several billion dollars a year,” Hochrieser said, “and it’s growing every year.”. Online Dating Scope.

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PYMNTS

JUNE 7, 2019

consumers can now access same-day ACH, so the technology is there. The rise in online shopping means more shoppers needing refunds on returned merchandise. Twenty-five to 30 percent of online orders are returned, three times higher than physical purchases. On the other hand, almost all (95 percent) of U.S. Many Happy Returns.

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Bank Innovation

AUGUST 2, 2016

A new video from Bank of America shows a tool called Home Loan Navigator that allows borrowers to manage the mortgage process via mobile — sort of. One part of the video Read More. It shows a happy couple watching the stages of their loan process on a tablet (spoiler: it’s approved).

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Bank Innovation

OCTOBER 10, 2016

A new series of videos highlights Visa’s eagerness to open its API platform to FIs and startups. Visa has been releasing videos for the API platform, known as Visa Developer, for several months, but the newest videos feature testimonials from institutions and startups.

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Bank Innovation

JUNE 17, 2016

Citigroup released a video earlier this week that shows the potential (tremendous) power of virtual reality to present data for trading. The example used is a trader at a workstation with a massive monitor — the technology could equally be used with mobile devices — Read More.

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PYMNTS

AUGUST 2, 2019

The video game market was one of the first to move into the subscription economy, even before gaming went online. Gaming subscriptions shifted direction as the world moved online, making things a little more complex. Companies like GameFly cropped up back in 2002, sending physical discs and cartridges to customers.

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PYMNTS

APRIL 25, 2019

PillPack, the online pharmacy acquired by Amazon in 2018 for $1 billion, is almost ready to make its debut on the marketplace, according to reports. The eCommerce giant recently added a page for the pharmacy, with sign-up instructions and a video about how it works. The pharmacy will sort and ship medications all across the country.

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Gonzobanker

JULY 13, 2023

Vendors need to be able to explain their AI technology to bankers in layman’s terms “An algorithm is what software engineers call something when they don’t want to explain what they did.” — Modern Adage Every vendor these days is talking about how their software has magical “AI” algorithms in it. AI is already here in the banking sector.

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PYMNTS

NOVEMBER 1, 2019

In releasing predictions for the holiday online shopping season, Adobe said total online spending will increase by 14.1 Adobe used Adobe Sensei, machine learning and Adobe’s artificial intelligence (AI) technology to make the predictions. Video games like Death Stranding and Jedi Fallen Order are expected to sell generously.

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PYMNTS

OCTOBER 19, 2018

They are able to use cutting-edge technology, black-market websites and top-level, nimble and well-secured global networks to work their craft. We have to accept some part of that [friction] for the online world. There is no use in counting on some one-size-fits-all technological solution for that problem. Biometric Promise.

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PYMNTS

SEPTEMBER 15, 2020

Faculty and staff members are attempting to control COVID-19’s spread to keep everyone safe and maintain smooth operations while also managing higher online portal volumes and other troubles related to education environments’ new realities. We had to transition all of that new student orientation programming online.”.

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PYMNTS

DECEMBER 10, 2020

New announcements from Instagram , L’Oréal and Snap lead the way, as consumers find new ways to shop from shared videos and social posts. Instagram’s announcement that it will make its Reels feature shoppable is a clear response to TikTok’s popularity and the latest in Facebook’s corporate push toward more commerce and video.

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Abrigo

OCTOBER 31, 2014

The majority of professionals love technology. But when is too much technology just too much? Sageworks asked Don West, a member of the AICPA''s Information Management and Technology Assurance Section''s CITP Credential Committee the best ways to protect one''s self and business online. --. Do you bank online?

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Bank Innovation

JULY 21, 2016

The first video banking call crossing the Atlantic took place this week. A new virtual assistant (TouchAssist) and a new personal finance chatbot (Trim) both launched yesterday. Facebook Messenger recently reached 1 billion users — and 18,000 bots. There are more ways for customers to talk to banks than ever Read More.

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Bank Innovation

APRIL 4, 2017

billion technology spend in 2016 went to fintech solutions, and given the company’s 2016 results, it seems like money well spent. $600 million of JP Morgan Chase’s $9.5 According to the company’s Annual Report 2016, released today, the bank’s spend on fintech included improving its mobile and digital services.

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Bank Innovation

JUNE 30, 2017

Investing in bitcoin is easy. Buying a tank of gas with bitcoin…uh. That’s more of a challenge, according to this Utah County couple who tried paying for life’s necessities only in bitcoin.

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PYMNTS

APRIL 20, 2018

Video games have grown into a massive real-world business, bringing in $36 billion in revenue in the U.S. According to Doki Tops, Utomik’s CEO and founder, video game subscription services solve issues not only for gamers, but also for providers. We eventually figured out that our technology was well-suited to that.”.

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