PYMNTS

NOVEMBER 30, 2020

retail banking operations after four decades trying to build a strong presence in the country, the Financial Times (FT) reported. FT based its report on unnamed sources, stating the bank is weighing "a complete exit from retail banking in the U.S. The bank declined to comment, FT reported.

Retail 233

Retail US United States Resources 233

Bank Innovation

MAY 31, 2019

Marcus by Goldman Sachs, Goldman's digital-only retail bank, is quickly becoming a full-service financial platform -- a threat to both challenger banks and traditional incumbent players.

Retail 236

Retail New York Operations Online 236

Independent Banker

OCTOBER 31, 2022

ITMs and VTMs are popular retail banking innovations among community banks. What’s on the horizon for retail banking? We spoke with two community banks that have ramped up their services to meet—and exceed—the changing expectations of customers. So how are retail banks meeting this challenge?

Banking Trends 151

Banking Trends Retail Trends Community Bank 151

ATM Marketplace

JANUARY 2, 2024

2024 will be another major year of change and challenge for retail banks.

Retail 106

Retail 106

Chris Skinner

JANUARY 4, 2017

Summarizing this year’s report, … The post Top 10 Retail Banking Trends for 2017 appeared first on Chris Skinner's blog. Jim produces a great report each year, curating the thoughts of 100 industry leaders including myself, on what is going to happen in the year ahead.

Banking Trends 345

Banking Trends Trends Retail Industry 345

Chris Skinner

OCTOBER 4, 2017

I get lots of input from many sources, and one of the ones I like is the innovation survey of banking produced annually by EFMA with Accenture.

Trends 305

Trends Innovation Retail Survey 305

Bank Innovation

SEPTEMBER 7, 2017

EXCLUSIVE – SaaS banking engine, Mambu announced its first major step into the retail banking space through its collaboration with German mobile bank N26. On Thursday, Mambu announced that N26 is using Mambu to migrate all of its customers over to the bank.

Retail 281

Retail Strategy Mobile Online 281

The Paypers

APRIL 15, 2024

Technology services company Endava has released its Retail Banking Report, finding that three quarters of banks admit they need to modernise their core.

Retail 45

Retail Report Technology Company 45

Bank Innovation

OCTOBER 4, 2017

EXCLUSIVE—Technology provider Salesforce has released a new cloud service for retail banking, tailored to the needs of bankers who need to keep up with an increasing number of competitors in an environment of lackluster customer loyalty.

Retail 236

Retail Data Technology Online 236

PYMNTS

JANUARY 14, 2021

In today’s top retail news, Ethan Allen Interiors anticipates reporting retail segment written orders growth of 44.9 percent from the prior year for the company’s second quarter, while Christopher & Banks Corporation has voluntarily filed for Chapter 11 bankruptcy. Pct Retail Written Orders Growth.

Retail 142

Retail New Jersey Minnesota United States 142

PYMNTS

SEPTEMBER 16, 2020

In digital-first banking, the evidence of the great digital shift is not only visible anecdotally – it is seen in the data as well. And in retail, companies in the organic mattress space are running on a tri-brid business model that covers direct to consumer (D2C), third-party retail distribution and owned retail locations.

Retail 141

Retail Innovation Data Cards 141

Bobsguide

AUGUST 18, 2020

Incumbent retail banks who have not yet developed a progressive digital strategy face significant cost pressures in the coming years, according to industry panellists in an online event today. “Look at Facebook, Google, Amazon and so on who have been constantly updating.

Retail 175

Retail Digital Strategies Google Strategy 175

Payments Source

MARCH 22, 2021

In-person branch use will continue, but retail banks should nonetheless double down on building intuitive, easy-to-use mobile experiences that drive customer satisfaction and brand loyalty ]].

Retail 168

Retail Mobile Branding Fintech 168

PYMNTS

DECEMBER 16, 2020

Amid the great digital shift , retailers and financial institutions (FIs) must walk the fine line between challenging transactions and letting the consumer journey proceed frictionless. That’s driven the retailer to require merchandise, risk-driven signatures that can be dynamically altered, said Thompson. The Scope Of The Problem.

Retail 228

Retail Management Fraud Omaha 228

Bank Innovation

JANUARY 26, 2018

launched its Marcus digital bank in late 2016, the conventional wisdom was the investment bank wanted to expand into retail banking. EXCLUSIVE— When Goldman Sachs & Co. But, apparently, that’s not the whole story. Marcus, it seems, is an asset pricing play, Goldman’s CEO implied yesterday.

Retail 262

Retail Video Digital Banking Bitcoin 262

American Banker

MARCH 28, 2024

arm of Spanish banking giant Santander has hired Swati Bhatia to oversee retail banking and its digital transformation efforts. Bhatia joins at "an inflection point" for the company, which aims to be "a digital bank with branches," CEO Tim Wennes said.

Retail 62

Retail Digital Banking Company 62

Bank Innovation

MARCH 27, 2019

SigFig, a San Francisco fintech specializing in robo advice, today unveiled SigFig Atlas, an interactive platform for financial advice and software-guided sales that faces both retail banks and their customers.

San Francisco 170

San Francisco Retail Software Fintech 170

TheGuardian

JANUARY 18, 2024

Company exploring options as it plans to shift focus back to food and retail, rather than services Sainsbury’s Bank has opened the door to fresh takeover offers, after the supermarket group announced it would exit the banking business nearly 27 years after its launch. Continue reading.

Retail 56

Retail Groups Cards Operations 56

PYMNTS

JANUARY 8, 2020

Citigroup named David Chubak, 39, to head the retail banking division in the U.S., consumer banking division, according to a memo obtained by CNBC. Having held numerous strategic positions at the third-largest bank in the U.S., Having held numerous strategic positions at the third-largest bank in the U.S.,

Retail 101

Retail New York Risk Management Customer Experience 101

PYMNTS

JUNE 24, 2020

Merchants are focusing on re-engaging shoppers now that brick-and-mortar retailers are reopening across the United States. And in banking, credit unions (CUs) are innovating to help the microbusinesses that make up a small yet key part of their ecosystem.

Retail 130

Retail United States Data Innovation 130

Payments Dive

JUNE 23, 2020

Banks now know that consumer experience is not just about the front-end look and feel, but that it requires discipline, focus, and investment in new systems to change the way they engage with consumers.

Customer Experience 474

Customer Experience Retail System 474

Bobsguide

APRIL 28, 2021

Retail banks have found themselves at the centre of the digital disruption shaking financial services. As well as direct competition from challenger and neobanks entering the sector, they also have to contend with the likes of Facebook, Amazon and Google and their peers looking to expand their.

Retail 139

Retail Google 139

The Paypers

FEBRUARY 9, 2024

Barclays has announced its decision to acquire the retail banking business of Tesco, as well as to provide customers with branded credit cards, personal loans, and deposits.

Retail 48

Retail Branding Cards 48

Bank Innovation

SEPTEMBER 11, 2017

New-York based bank Goldman Sachs is planning to launch an online deposit service in the United Kingdom by mid-2018, a retail service that will be provided under the bank’s year-old ‘Marcus’ brand.

Branding 207

Branding Retail New York Strategy 207

Bank Innovation

FEBRUARY 24, 2020

Royal Bank of Canada plans to launch a direct-to-consumer bank in the U.S. You’ll see us likely launch a direct-to-consumer bank in the United States sometime at the end of this year or early next year, really focused on a higher net worth customer, not dissimilar to some of […].

US 259

US United States Retail Innovation Strategies 259

Bank Innovation

JANUARY 23, 2018

EXCLUSIVE – The two fundamental keys to most challenges retail banks and payment companies face on the innovation front are personalization and efficiency, according to Alberto Corvo, a founding partner at fintech focused investment firm Motive Partners.

Innovation 186

Innovation Retail Fintech Payments 186

PYMNTS

JUNE 14, 2019

Most consumers probably don’t have strong opinions about their banks, since the relationship tends to be more transactional than emotional. However, in the 2019 Retail Banking Report, a study by Reputation.com that analyzed online data relating to retail banking locations for 23 major U.S. for courtesy, 3.3

Retail 103

Retail Study Online social media 103

Chris Skinner

JANUARY 25, 2017

Last year, one of my most read blog entries was this one: The top ten trends in banking innovation (February 2016). This was a summary of the top trends in banking innovation, and … The post The biggest innovations in retail banking (research) appeared first on Chris Skinner's blog.

Innovation 150

Innovation Retail Trends Technology 150

The Paypers

JUNE 14, 2023

The Bank of Thailand has revealed its plans to launch a retail CBDC pilot in a regulatory sandbox in collaboration with three payment providers.

Retail 68

Retail Payments 68

PYMNTS

DECEMBER 6, 2018

Wells Fargo has revealed that it is firing around three dozen district managers due to the retail banking scandal that happened more than two years ago. Earlier this year, the bank was hit by another scandal involving its wealth management business , opening up more investigations by federal regulators. .

Management 124

Management Retail Regulation Resources 124

Chris Skinner

JUNE 1, 2016

This is Boston Consulting Group’s latest analysis of what’s happening in retail banking.

Retail 150

Retail Boston Analysis Branding 150

PYMNTS

NOVEMBER 3, 2017

The country’s largest banks, JPMorgan Chase & Co. Bank of America and Citigroup, are reducing loans to retailers at a time when the industry is also facing doubts from bond investors. bank by assets, cut its total exposure to consumer and retail companies by 3.6

Retail 109

Retail America Industry Trends 109

The Financial Brand

APRIL 26, 2024

This article Will Banks and Fintechs Become Retail Media Networks? This article Will Banks and Fintechs Become Retail Media Networks? appeared first on The Financial Brand. appeared first on The Financial Brand.

Retail 17

Retail Fintech Branding Data 17

PYMNTS

JANUARY 8, 2020

In today’s top news, CitiGroup named David Chubak to head its retail banking division, lawmakers in New York proposed a public eBanking system similar to Venmo and Goldman Sachs created a new division in its reporting process to highlight its consumer focus. Citigroup Names New Retail Banking Leader.

System 131

System Retail New York Payments 131

The Paypers

OCTOBER 19, 2023

Vietnam-based Lien Viet Post Joint Stock Commercial Bank (LPBank) has selected Temenos to update its core banking platform for retail and corporate banking.

Retail 41

Retail 41

BankInovation

APRIL 16, 2024

The bank listed three long-term efforts in its 2023 annual report: Expand the bank’s franchise and digital channels; Leverage technology to create efficiencies that help better serve customers; and Deepen customer relationships by offering superior banking experiences and […]

Technology 63

Technology Retail Marketing Report 63

BankInovation

FEBRUARY 12, 2021

Bank Automation News breaks down automation-specific job postings by the nation’s biggest banks to glean current growth strategies for bank automation. PNC is seeking to boost automation expertise in its retail banking technology group, as a recent job posting on the bank’s website revealed. PNC, with $466.7

Groups 98

Groups Retail Software Strategy 98