PYMNTS

NOVEMBER 23, 2018

In banking and payments architecture, especially in the digital realm, a corollary might be “form and function co-exist, and should be flexible enough to change rather quickly.”. That’s partially due to a trust factor, which is conspicuously lacking in traditional banking.

Digital Banking 134

Digital Banking Mobile Data Marketing 134

PYMNTS

FEBRUARY 21, 2020

To be the bank, buy the bank. Upon releasing its latest earnings, LendingClub , known up until now for its personal loans delivered through its online platform, said it had struck a deal to buy Radius Bancorp. The $185 cash and stock deal would bring an online bank with $1.4 billion in assets under LendingClub’s umbrella.

Digital Banking 224

Digital Banking Conference Samsung Fintech 224

FICO

JANUARY 11, 2022

Last year we published a highly successful The 11 Commandments of Digital Banking eBook that introduced the 11 commandments: Digital lift-and-shift is not a strategy! We are kicking off a series of 5 blog posts that take a deeper dive into these posts, grouping the 11 commandments into common themes.

Digital Banking 98

Digital Banking Customer Experience eBook UX 98

PYMNTS

NOVEMBER 24, 2020

FinTech, digital banking, saving, N26, banking, news, what's hotGerman FinTech N26 is launching a subscription-based digital banking suite to help individuals and businesses better manage their savings and spending. N26 is the pioneer of a freemium subscription model in banking. Value d at $3.5

Tools 231

Tools Management Digital Banking ATM 231

PYMNTS

JANUARY 6, 2021

And according to Doug Brown, senior vice president and general manager of digital banking at NCR , simplicity and innovation have turned what could have been a disastrous year into a transformational pivot for the better. So we led with technology.”. Take restaurants , for example, Brown said: “How do we help them?”

Innovation 318

Innovation Data Examples Community Bank 318

PYMNTS

JUNE 29, 2020

Under the terms of the new deal, Mastercard will support EedenBull’s product development and digital services. The announcement comes a month after the FinTech companies agreed to expand in Europe to support EedenBull’s operations in Oslo and Edinburgh with the implementation of a new digital platform to process spending and payments.

Fintech 248

Fintech Cards Regional Management 248

PYMNTS

DECEMBER 10, 2019

PSCU’s Lumin Digital has converted over 10,000 Mutual Security Credit Union digital users to a cloud-based platform, Lumin Digital said in a press release on Tuesday (Dec. Our team worked in close coordination with the Lumin Digital team to execute a well-orchestrated conversion for our members.

Security 130

Security Illinois User Experience Digital Banking 130

Perficient

DECEMBER 2, 2020

“Having a Balance With a Bank Doesn’t Make You a Customer.”. Our financial services team recently spoke with the great Jim Marous, the co-publisher of The Financial Brand and the publisher of the Digital Banking Report. Having a balance with a bank doesn’t make you a customer.” But are you an ideal customer?

Data 294

Data Customer Experience Case Study Branding 294

PYMNTS

AUGUST 4, 2020

Among them is how banks and FIs that had moved some or all operations to cloud environments fared better. Cloud systems built on robust SQL databases for mission-critical workloads are among the instructive topics covered in the July Digital Banks And The Power Of The Cloud Tracker®. FIs, Big Tech And The Cloud.

Digital Banking 190

Digital Banking Innovation Technology Tools 190

PYMNTS

MAY 27, 2020

The pandemic has accelerated the digital roadmap for everyone in financial services, giving rise to more innovation in the past few months than had been seen over the course of several years. He noted that P2P payment volume moving across Zelle exploded, taking mere weeks to top what had previously been annual volumes.

Fintech 236

Fintech Innovation Digital Banking FDIC 236

PYMNTS

JUNE 29, 2020

Consumers are leaning heavily on digital banking tools during the pandemic, and studies suggest that they will continue to do so in its wake. Fifty-seven percent of consumers now prefer internet banking solutions, compared to the 49 percent who said the same prior to the pandemic. Mobile Customers Need Mobile Infrastructure.

Mobile 174

Mobile Digital Banking System Innovation 174

FICO

APRIL 7, 2022

Following the highly successful The 11 Commandments of Digital Banking eBook , we are publishing a series of 5 deeper dive blog posts that group the 11 Commandments below into common themes: Digital lift-and-shift is not a strategy! When it comes to money, people want to know what’s happening. Respect the data.

Digital Banking 52

Digital Banking Security Fraud America 52

PYMNTS

OCTOBER 16, 2020

It was a busy week for commerce and payments, as consumers are harnessing connected devices for digital-first shopping and firms are looking to harness tools to speed up business-to-business (B2B) disbursements and payments. Mastercard: Why It’s Time For Card Issuers To Up Their Digital Game. banking license.

Payments 239

Payments San Francisco Fintech Tools 239

PYMNTS

MAY 7, 2020

back to some semblance of “normal” has challenges — and opportunities for banks, especially community banks and credit unions. The challenge lies with serving the needs of the individual who may be hesitant to go back to the old ways of banking — of walking up to teller windows, of handling cash in envelopes.

ATM 307

ATM Examples Mobile Community 307

FICO

FEBRUARY 12, 2023

Home Blog FICO Top 5 Customer Development Posts of 2022: Digital Banking and Pricing Opti The most popular posts in our Customer Development category dealt with digital banking, optimizing credit line increases, loan pricing and machine learning for credit risk models.

Digital Banking 52

Digital Banking eBook Analytics Customer Experience 52

Perficient

MAY 28, 2020

In my final blog of this series, I go into detail on what financial services companies should be doing now, to prepare. But that doesn’t mean you should take a wait-and-see attitude; the challenge of how to be a mobile, digital-first bank will not get any easier. 5G will allow you to offer customer service like never before.

Mobile 340

Mobile Customer Experience Tools Data 340

PYMNTS

NOVEMBER 20, 2020

CUs cannot rest on their laurels, however, given that competition in the banking space has been intense during the current economic downturn. Studies have shown that CUs must personalize their in-branch and digital offerings with products and services tailored to individual members’ needs to stay competitive.

Technology 253

Technology Indiana Michigan Tools 253

PYMNTS

FEBRUARY 3, 2020

Banking is no longer just for traditional FIs, thanks to open banking’s spread. Digital banking development is poised to explode in Singapore, where legacy institutions have traditionally dominated. APIs and open banking growth. The impact these digital licenses could have on Singapore cannot be understated.

Digital Banking 185

Digital Banking Innovation Maine Regulation 185

PYMNTS

MARCH 26, 2020

What is a bank? But as of 2020, it is a subject upon which seasoned experts can disagree, in a world where traditional banks and FinTechs are operating in parallel in the market – and, in many cases, are offering similar services for consumers. What we learned was interesting.

Innovation 241

Innovation Fintech Data Examples 241

PYMNTS

FEBRUARY 4, 2020

Banking as a service (BaaS) startup Bankable is partnering with Visa to accelerate digital banking solutions, Bankable announced on Tuesday (Feb. clients access to Bankable’s real-time digital banking solutions and faster payments. We anticipate more than 50 percent of our revenues to come from the U.S.

New York 132

New York Regional Digital Banking Fintech 132

PYMNTS

JULY 30, 2019

Having a simple bank checking account costs an average a monthly maintenance fee of $13.58 There is the $100 billion in banks fees being paid out by customer annually, or the 12 million Americans who are taking out payday loans because they have run out of options. or $163 a year. ATM fees, on the other hand, average around $4.66.

Digital Banking 190

Digital Banking ATM Study FDIC 190

PYMNTS

OCTOBER 1, 2020

The pandemic has exposed the pain points of all verticals when it comes to payments, and especially when it comes to transacting in person, in a tactile environment, with cash, and where banking conduits are limited. Banks have been inching into the space; cash still remains a hallmark. Security and fraud risk is also reduced, he said.

Payments 271

Payments Colorado Marketing Cards 271

FICO

FEBRUARY 2, 2022

Following the highly successful The 11 Commandments of Digital Banking eBook , we are kicking off a series of 5 deeper dive blog posts that group the 11 commandments below into common themes. Digital lift-and-shift is not a strategy! The COVID pandemic has undoubtedly accelerated plans for digital transformation.

Customer Experience 52

Customer Experience Digital Banking Video eBook 52

PYMNTS

APRIL 21, 2020

The coronavirus pandemic — which has forced all of us online — is exposing just who in financial services has embraced digitization, and who is truly digital native. We now must bank entirely online, by necessity. It’s what you do with the data, and how you leverage it into new customer-facing offerings that matters.

Branding 232

Branding Innovation Regional Fintech 232

South State Correspondent

OCTOBER 26, 2023

In this article, we detail our thoughts and the trends we saw last week in Las Vegas from a banking perspective in hopes of giving you the flavor and insight from the conference without you having to walk 10 miles per day and listen to endless vendor pitches. It’s a whirlwind of education, deal-making, eating, and hugging.

Conference 221

Conference Las Vegas Fraud Case Study 221

PYMNTS

NOVEMBER 18, 2020

Visa ’s goal of building what it has called a “network of networks” reflects its view of what adds value in a global financial services ecosystem where the shared interest in doing what’s best for consumers and businesses is what drives outcomes. Building A Faster Fast Track .

Fintech 184

Fintech Community Community Bank Meeting 184

PYMNTS

FEBRUARY 18, 2020

Digital banking and payments firm i2c is partnering with FinTech healthcare credit card SmartHealth PayCard , i2c announced on Tuesday (Feb. SmartHealth PayCard is enabled with the agile processing of i2c and is offering the first healthcare-only credit card. It is also intended to give healthcare providers faster payments.

Cards 175

Cards Digital Banking Fintech Mobile 175

PYMNTS

FEBRUARY 13, 2020

To bring digital transformation to banks, and to help them bring their assets to the “digital-first” consumer, look to the platform. That’s a challenge, as banks have traditionally plied their trade through face-to-face interactions. Looking At Open Banking. Open Banking is taking root in the U.S.

Millennials 231

Millennials Digital Banking Mobile Course 231

PYMNTS

DECEMBER 30, 2020

Between the explosion of the digital economy driven by the pressures of the pandemic and the radical realignment of consumer preferences that has happened as a result, the year 2020 has seen digital payments accelerate at something approaching warp speed. Meeting The New Digital Consumer’s Needs.

Payments 281

Payments Innovation America Mobile 281

PYMNTS

JANUARY 21, 2021

For credit unions (CUs), the digital trends that accelerated in 2020 amid the pandemic will gain even further traction this year. With a nod toward the changing landscape in financial services, Stevens said, “In the past, we heavily relied on foot traffic, particularly at credit union branches.”. The Trend Toward Mobile.

Analytics 240

Analytics Fraud Trends Mobile 240

Independent Banker

AUGUST 31, 2022

Social payments methods like Venmo and Cash App continue to grow in popularity, and the data is there to prove it, creating an opportunity to give customers what they want: 24/7 access to cashless, P2P and mobile transactions. So how do social payments fit in community banks’ long-term future? DJ Seeterlin, Chesapeake Bank.

Capital 94

Capital Payments social media Community Bank 94

PYMNTS

JANUARY 8, 2019

When Chime ’s Co-founders Chris Britt (CEO) and Ryan King (CTO) first set out to start a web bank, it was with one idea in mind: offering middle-class consumers a good deal. It was something that was surprisingly hard for them to find in mainstream banking. The brand has been popular with young professionals.

Digital Banking 160

Digital Banking Tools Cards Millennials 160

PYMNTS

MARCH 11, 2020

Wells Fargo CEO Charlie Scharf appeared before the House Financial Services Committee on Tuesday (March 10) to answer questions regarding past “fake account” scandals at the bank. Credit Sesame Launches Free Digital Bank Account. The account offers a Sesame Cash debit card, partnering with Mastercard as its card network.

Payments 140

Payments Fraud Regional Digital Banking 140

Gonzobanker

FEBRUARY 20, 2021

Acquisition of digital origination provider Terafina reads like a good add for NCR. The pandemic continues to grow demand for digital self-service capabilities. Digital banking providers answered the demand with digital account opening solutions. There is no going back. The deal makes a whole lot of sense for NCR.

Digital Banking 97

Digital Banking Lending ATM Atlanta 97

PYMNTS

SEPTEMBER 12, 2019

French financial institution BNP Paribas has announced a FinTech partnership to strengthen its foreign exchange service offerings. The bank noted that the solution will be available to business clients in Europe, the Middle East and Asia (EMEA) regions.

Management 162

Management Tools Regional Policies 162

Gonzobanker

NOVEMBER 30, 2023

Deposit retention and growth is strategic priority #1 in the banking industry today. Finding growth has been a rough slog for banks and credit unions throughout 2023. Since the peak in the second quarter of 2022, deposits in the banking industry decreased $774 billion as of Q3.

Strategy 158

Strategy Industry Lending Marketing 158

PYMNTS

FEBRUARY 25, 2020

Banks and legacy financial institutions (FIs) might be wise to study what disruptive technologies recently did to the print publishing industry, taxi cabs, network TV, and a host of other businesses that were disintermediated with little to no warning in recent years. What is changing are the card habits of demographic groups.

Mobile 153

Mobile Cards social media Survey 153