PYMNTS

JUNE 29, 2016

Digital banking solutions provider Urban FT has joined the Center for Financial Services Innovation in an effort to help the finserv industry better gauge consumer financial health.

Analysis 101

Analysis Survey Data Digital Banking 101

Celent Banking

AUGUST 4, 2015

A few months ago there was a question posed on Twitter which sparked a pretty intense debate : “What makes a bank a digital bank?” How far do incumbent banks have to go in order to adjust to the new age of digital financial services? Digital transformation is not an easy proposition.

Digital Banking 100

Digital Banking Strategy Analytics Analysis 100

Chris Skinner

OCTOBER 29, 2017

I am direct, some call me blunt, but my content is based upon deep research that mixes desk-based analysis, my blog, endless conversations around the world with bankers and technologists and a lot of experience. It’s intriguing to see how people react to my presentations.

Analysis 292

Analysis Digital Banking Technology Fintech 292

PYMNTS

APRIL 21, 2016

As the world goes increasingly digital, banks are struggling to decide how they should package their digital service offerings. Should they fold digital banking services into their existing traditional brick-and-mortar accounts, or spin them off into stand-alone, digital-only entities? Why spin out?

Digital Banking 100

Digital Banking User Experience Exercises Mobile 100

PYMNTS

OCTOBER 18, 2018

In search of added convenience and simplicity, banking customers are migrating to online and mobile banking interfaces, leaving in-person visits to brick-and-mortar branches behind. Around The Digital Banking World. Westpac , one of Australia’s “Big Four” FIs, for one, is rolling out new omnichannel banking offerings.

Fraud 178

Fraud social media Data Trends 178

PYMNTS

JULY 10, 2020

Customers cannot afford to let fraudsters compromise their bank accounts under any circumstances, but the current economic climate makes attacks all the more painful. Financial institutions (FIs) thus need to ensure they can successfully block ATOs as well as quickly detect and mitigate any that slip through.

Analysis 132

Analysis Fraud New York City Security 132

Chris Skinner

JUNE 12, 2018

I just found a really interesting analysis of the state of mobile banking in the UK which, if you bear in mind has lots of new challenger banks, makes for interesting reading about features and functionality of Monzo versus N26 versus Starling versus Atom and so on.

Analysis 255

Analysis Mobile Digital Banking 255

PYMNTS

JUNE 16, 2020

Monzo’s drop in value comes on the heels of layoffs earlier this month , with the five-year-old digital bank cutting as many as 120 jobs in the U.K. Just four months ago in February, the bank said it planned to hire an additional 500 employees. The pandemic has ramped up pressure on FinTechs, opening the door to “digital’s 3.0

Capital 236

Capital Analysis Digital Banking Report 236

PYMNTS

MAY 27, 2020

Bad actors may dial into call centers and pretend to be legitimate customers to trick staff into revealing details about the individuals, which could then be used to figure out the victims’ digital banking logins. Banks that rely on only examining each channel individually can easily miss fraud schemes that span across multiple.

Fraud 245

Fraud How To Strategy Analysis 245

BankInovation

APRIL 29, 2022

Uhura Solutions offers a low-code solution for document and contract analysis, automating data analysis and classification, extraction, review and processing, according to a release. London-based documents automation fintech Uhura Solutions has raised $1.8 million in a seed funding round, the company announced Wednesday.

Fintech 98

Fintech Digital Banking Analysis Data 98

PYMNTS

AUGUST 7, 2019

Business payments technology firm Bottomline Technologies has rolled out a suite of services for banks to elevate their customer engagement with corporate services. In a press release on Tuesday (Aug.

Digital Banking 177

Digital Banking Regulation Analysis Management 177

PYMNTS

FEBRUARY 1, 2019

But as Jeremy Balkin, head of innovation for Swiss bank HSBC , recently told PYMNTS, even AI and ML need assistance sometimes — from humans. . When you find actionable insights, how do you act on them?”

System 123

System Digital Banking Fraud Customer Experience 123

Perficient

MAY 28, 2020

Assess the maturity of the languages and frameworks you are using for app development, as well as the tools required for testing, monitoring, and code analysis. 5G has the potential to transform the digital banking experience, but this will not happen without overcoming some challenges.

Mobile 340

Mobile Customer Experience Tools Data 340

PYMNTS

MARCH 20, 2020

However, the applicants will have to allow Cainiao to provide things like inventory information and operational status to HSBC for analysis. “We Eight virtual banks are starting operations this year. There won’t be any need for documents or collateral to get the loans, the paper said. The competition will be keen.

Big Data 203

Big Data Operations Lending Regional 203

PYMNTS

NOVEMBER 29, 2017

According to the forthcoming digital bank-and-brokerage service combo’s co-founder and CEO, Stephane Lintner, the firm is launching a model that reimagines security in the digital age. Instead, the bank sends the lists to the user’s account, which then handles the analysis and identify verification itself.

Digital Banking 108

Digital Banking Trends Security Regulation 108

Bank Innovation

FEBRUARY 12, 2020

The growth of mobile and digital banking is driving in-store branch numbers down. In-store branches are satellite bank branches located inside large retail spaces, such as supermarkets or chains like Walmart and Safeway. since June 30, 2019, and 6.5% since June 30, 2018, S&P Global Market Intelligence reported.?

FDIC 243

FDIC US Retail Digital Banking 243

NCR

MARCH 12, 2018

One example of how predictive analytics can function in the digital banking space is by delivering alerts to customers when they are likely to become overdrawn, based on historical spend analysis. The post Predictive analytics and its role in modern digital banking appeared first on Banking.com.

Analytics 75

Analytics Digital Banking Analysis Branding 75

Gonzobanker

AUGUST 17, 2022

Digital Engagement Had Great Attendance and Extracurriculars. Digital banking provider Alkami acquired data analysis and marketing campaign management provider Segmint Digital banking and payments provider Bottomline was acquired by Thoma Bravo for $2.6B.

Fintech 178

Fintech Lending Software Compliance 178

PYMNTS

OCTOBER 3, 2019

That research, which is called “ The Consumer-Centric Authentication Study: Transforming The Consumer’s Digital Banking Experience ,” served as the foundation for a recent PYMNTS discussion between Karen Webster and Sherif Samy , SVP North America at Entersekt , which helped craft the report. Among the main findings? Consumer Desires.

Fraud 151

Fraud Mobile Digital Banking Analysis 151

PYMNTS

AUGUST 16, 2018

The country has the fifth-highest number of FinTech deals in Europe, according to an analysis from Belgium-based European FinTech platform B-Hive. With the program , Oracle plans to dedicate additional European staff and resources to monetizable relationships with digital banking innovators and FinTech firms.

Fintech 218

Fintech Marketing Innovation Analytics 218

South State Correspondent

SEPTEMBER 30, 2022

The goal here is to give bankers that don’t utilize a funds transfer pricing and activity analysis methodology a glimpse into the cost of producing the most popular deposit categories. We will use their data and methods for this analysis. In this article, we delve into deposit profitability and highlight the cost structure of deposits.

Operations 361

Operations Marketing Data Analytics 361

PYMNTS

DECEMBER 12, 2018

Machine learning and artificial intelligence are among the emerging technologies capable of boosting banking operations, including customer service , and preventing fraud, as recent PYMNTS research has demonstrated. That essentially zero waiting time will bring other benefits as well to the world of FinTech, according to the analysis.

Fintech 211

Fintech Mobile Analysis Technology 211

PYMNTS

DECEMBER 14, 2020

Better credit management is just one benefit AI can confer to banks, however,” per the Playbook. The technology can also enable FIs to build predictive models, perform real-time data analysis and improve account engagement.”.

System 218

System Fraud Digital Banking Data 218

PYMNTS

DECEMBER 14, 2020

Its platform provides clients with analysis of their finances and information to come to financial decisions. Tradeteq, which runs a platform meant to make it easier for banks to raise money for financing trade without turning to the usual sources or always engaging in transactions with U.S.

cryptocurrency 164

cryptocurrency Video Bitcoin Regional 164

NCR

JULY 31, 2017

As we explored in the first part of this two-part guide, digital banking fraud is an escalating threat to financial institutions and their customers. Digital banking fraud can take many forms, such as identity fraud and account takeover , which are becoming increasingly common. million in 2016.

Fraud 74

Fraud Digital Banking social media Security 74

NCR

JULY 28, 2017

This convenience offers many advantages to the consumer, but financial institutions and consumers need to recognize one of the biggest disadvantages of this technological expansion: the increased risk of digital banking fraud. Digital banking fraud affected 14 percent of consumers in 2016, up from 12 percent in 2015.

Fraud 74

Fraud Digital Banking Survey Security 74

PYMNTS

NOVEMBER 23, 2020

The news is based on an analysis performed by the U.S. Deutsche Bank Eyes Growing Payments Unit With Takeovers, Joint Ventures. American taxpayers reportedly stand to take a hit of approximately $435 billion from borrowers’ failure to pay back student loans on the federal government’s book as of now. Economists from J.P.

Analysis 162

Analysis Digital Banking Report Regulation 162

PYMNTS

SEPTEMBER 18, 2019

In Canada, the company is registered as a money service business (MSB) with the Financial Transactions and Reports Analysis Centre of Canada (FINTRAC) to send and transfer funds. InstaReM currently holds regulatory licenses in eight markets across 40 countries, reaching 3.2 billion people in developed and developing countries. .

Fintech 164

Fintech United States Analysis Digital Banking 164

PYMNTS

NOVEMBER 12, 2020

FinTech partners include small business credit risk analysis company AccountScore and small business data company Codat. Poland's first fully-digital bank, mBank , is collaborating with kACE to integrate the FinTech's treasury pricing technology. Poland's mBank Taps Treasury Pricing FinTech.

Fintech 220

Fintech User Experience System Data 220

PYMNTS

MAY 20, 2016

This month’s Digital Banking Tracker™ cover story features an interview with Ed Metzger, Santander UK’s Head of Innovation about their early feedback from incorporating a voice assistant into their student-focused SmartBank app – and what’s next for voice technology in banking. Around the world of Digital Banking.

Digital Banking 115

Digital Banking Technology Analysis Fintech 115

PYMNTS

MAY 16, 2018

In the May edition of the Digital Banking Tracker , PYMNTS explores the latest developments in the banking world – and the challenges these innovations pose. Around the Digital Banking World . To read the full story, download this month’s edition of the Digital Banking Tracker. contact-form-7]. .

Trends 118

Trends Digital Banking Mobile blockchain 118

PYMNTS

SEPTEMBER 12, 2019

FIs and FinTechs increasingly encounter new forms of fraud as they expand their digital operations, making it all the more important that they have strong risk assessment and compliance systems in place. Can AI Support Digital Banking’s AML Efforts? . Financial Companies’ Security And Regulatory Obligations .

Fraud 189

Fraud Fintech Compliance Regulation 189

Chris Skinner

FEBRUARY 22, 2017

The industries targeted to use those technologies were those that had high frequency of contact with the customer – banks, retailers, telco’s – and the whole idea was to get an in-depth analysis of the customer data to cross-sell and leverage knowledge of their needs and habits.

America 262

America Data Analysis System 262

Chris Skinner

JULY 14, 2017

Meantime, if you haven’t been following this closely, here’s a good analysis of what has been going on from Caixin Global, the English version of China Economics & Finance. That is why I’ve been in Hangzhou this week, to find out in depth what is happening from those who know.

Analysis 258

Analysis Innovation Fintech Mobile 258

NCR

DECEMBER 6, 2017

In today’s ultra-competitive environment, it’s important for financial institutions to have a clear and comprehensive digital banking strategy. Therefore, partnering with expert technology partners will undoubtedly play a key role in shaping the future of the digital banking ecosystem.

Digital Banking 72

Digital Banking Idaho Mobile Customer Experience 72

Chris Skinner

OCTOBER 18, 2016

This is the question normally asked by the mealy-mouthed cynical financial controlling banker in the audience … They want the spreadsheet showing the cost-benefit analysis and return on investment figures. I’ve spent decades preaching transformation and the easiest way to shut me up is ask: Where’s the business case?

Analysis 150

Analysis Digital Banking Innovation 150

The Financial Brand

OCTOBER 7, 2021

The post Digital Banking Disruption Has Only Just Begun appeared first on The Financial Brand - Banking Trends, Analysis & Insights. Financial institutions that plan in anticipation of ongoing disruption will be better prepared for future challenges and competitive opportunities.

Digital Banking 43

Digital Banking Banking Trends Analysis Trends 43