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

PYMNTS

FEBRUARY 1, 2019

These solutions can be implemented to review expansive volumes of bank transactions and data points to help banks detect questionable activities and broader patterns of potential fraud. But as Jeremy Balkin, head of innovation for Swiss bank HSBC , recently told PYMNTS, even AI and ML need assistance sometimes — from humans. .

System 123

System Digital Banking Fraud Customer Experience 123

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

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

The Financial Brand

JULY 29, 2021

Having innovation as a priority is the first step, but it rarely goes further without first overcoming common roadblocks. The post 4 Reasons Why Digital Banking Teams Struggle to Innovate appeared first on The Financial Brand - Banking Trends, Analysis & Insights.

Digital Banking 43

Digital Banking Innovation Banking Trends Analysis 43

NCR

OCTOBER 13, 2017

As easy as it might be to perceive a big divide between the modern-day mobile space and more traditional, physical banking via the branch and ATM , it’s becoming increasingly clear that these channels can function in harmony and complement one another. Bringing the ATM and mobile together.

ATM 96

ATM Innovation Mobile America 96

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

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

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

Even so, as this week's exploration of bank-FinTech collaborations and open banking initiatives reveals, opportunities to add new revenue streams, improve product offerings and enhance the end-user experience are too promising to ignore. Visa Launches FinTech Collaboration Initiative In Europe.

Fintech 220

Fintech User Experience System Data 220

PYMNTS

MAY 16, 2018

From artificial intelligence to blockchain to new mobile app features and offerings, banks and financial institutions are investing more in innovations to give customers a better experience and gain an edge over their competition. Around the Digital Banking World . Building a Responsible AI Roadmap. contact-form-7]. .

Trends 118

Trends Digital Banking Mobile blockchain 118

NCR

MARCH 22, 2017

The good news is that, at branches across the country, digital innovations can already transform brick and mortar branches into mobile-first, immersive help centers – improving the customer experience and increasing employee productivity while ensuring data remains secure. By 2020, it could be as many as 50 billion. The result?

Millennials 49

Millennials Innovation Digital Banking Security 49

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

The Financial Brand

SEPTEMBER 15, 2021

Improving service to consumers through digitization has gone beyond table stakes. The post Digital Banking Innovation Becomes Mandatory, Not an Advantage appeared first on The Financial Brand - Banking Trends, Analysis & Insights. Without it, don't even enter the casino.

Digital Banking 38

Digital Banking Innovation Banking Trends Analysis 38

PYMNTS

JULY 1, 2020

The details are offered in Building a Better App: Banks and the Innovation Imperative Report , a collaboration between PYMNTS and Ondot Systems, the Silicon Valley-based FinTech.

Survey 183

Survey Cards Millennials ATM 183

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

PYMNTS

MAY 4, 2020

Banks must stay ahead of the criminals and are redesigning their fraud decisioning approaches to more quickly detect account takeovers without accidentally flagging genuine customers as fraudsters. AI-Powered Analysis Of Transaction Data Fuels Fraud Fighting. Get the scoop in the Playbook. About The Playbook.

Fraud 197

Fraud Data Tools Online 197

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

JULY 13, 2016

So, it follows that a company looking to build a digital bank would turn to those apps, and others like them, for inspiration. NUMBER26 , a digital banking startup based in Germany, did just that, taking cues from companies that have found success online and in the app store to build a simple and enjoyable user experience.

Digital Banking 100

Digital Banking User Experience Mobile Apple 100

Jeff For Banks

MARCH 3, 2025

Customers increasingly demand seamless digital experiences91% of U.S. consumers now consider digital banking capabilities essential (Latinia, 2024)while operational pressures require us to do more with less. To stay ahead, we must blend our community roots with cutting-edge innovation. Lets take this step together.

Community Bank 74

Community Bank Community Minnesota Security 74

PYMNTS

SEPTEMBER 21, 2016

With so many consumers turning to digital and mobile banking solutions, it’s more important than ever that financial institutions offer their customers an up-to-date set of mobile and digital offerings. Around The Digital Banking World. About The Tracker.

Digital Banking 100

Digital Banking Mobile Apple Millennials 100

PYMNTS

OCTOBER 24, 2017

23) that it is introducing business bill pay and cash flow management features for the Arya tool, which combines mobile and digital banking solutions aimed at streamlining financial management for its corporate banking clients. The company announced news on Monday (Oct.

Tools 108

Tools Digital Banking Mobile Analysis 108

PYMNTS

JUNE 13, 2019

Fighting bad actors is particularly challenging for those in the banking industry, which lost more than $31 billion to fraud in 2018 and is projected to lose even more as cybercriminals become more sophisticated. Faster payments have also contributed, as banks now have less time to identify fraudulent transactions. It helps.”.

Fraud 128

Fraud Analytics New Jersey Data 128

Accenture: Banking

APRIL 4, 2017

For example, banks can now use embedded AI solutions and Robotic Process Automation to personalize and elevate the interactions between customers and employees, rather than having the humans be governed by the machines. As human interactions become rarer in banking, the importance of each one going well increases.

Technology 173

Technology Trends Survey Customer Experience 173

PYMNTS

NOVEMBER 1, 2018

The ongoing struggle, supposedly existential in nature, that pits upstart, relatively young FinTech firms against arrogantly complacent banks for supremacy in this new and growing world of digital payments and commerce. So far, at least, global banks are holding up, based on their most recent reporting periods,” the article says.

Fintech 191

Fintech UX Mobile Innovation 191

PYMNTS

OCTOBER 28, 2020

The application suite for smaller FIs includes a catalog of regulator-accepted AML scenarios, tools for custom scenario design and analysis, a 360-degree view of customers and events, regulatory reporting templates and more. Last June, Oracle advanced its Retail Brand Compliance Management Cloud Service with the latest innovations.

Compliance 154

Compliance Security Management Analysis 154

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

PYMNTS

NOVEMBER 13, 2019

percent of banking customers would be interested in switching their financial institutions (FIs) if their branch experiences do not match their digital banking experiences. A digital-first approach to banking has become critical to survival, in other words. Digital-First Banking Developments Around The World.

Regional 109

Regional ATM Report Alabama 109

South State Correspondent

FEBRUARY 22, 2023

12 Deposit Pricing Management Lessons From This Analysis The methodology above, when leveraging the data provides a handful of insights that can be gained that can put you in the top 10% of deposit managers. As a result, profitability and long-term performance suffer, given the cost of running these digital banks.

Management 195

Management Marketing Branding Strategy 195

PYMNTS

NOVEMBER 28, 2018

.” What’s more, the executive said that advancements in tech create the possibility for WeBank to have more efficiency than traditional banks in processing loans, conducting risk analysis and offering services that are personalized.

Conference 144

Conference Groups Analysis Google 144

PYMNTS

JULY 14, 2020

The Playbook series examines the key app features and functions that could drive greater adoption of card apps and could even lead cardholders to switch banks to obtain them.

Cards 197

Cards Mobile Groups Survey 197

The Financial Brand

AUGUST 4, 2021

Successful digital banking transformation requires prioritizing what is needed today against what's required for the future. The post Executing What’s Possible With Digital Banking Transformation appeared first on The Financial Brand - Banking Trends, Analysis & Insights.

Digital Banking 42

Digital Banking Banking Trends Analysis Trends 42

The Financial Brand

JUNE 16, 2021

The key to digital banking survival will be the ability to transform to a new digital reality with a foundation of data and analytics. The post 6 Keys to Digital Banking Transformation Success appeared first on The Financial Brand - Banking Trends, Analysis & Insights.

Digital Banking 42

Digital Banking Analytics Banking Trends Analysis 42

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

The Financial Brand

NOVEMBER 29, 2021

Banking still lags in several key areas of transformation. The post 6 Digital Banking Transformation Trends for 2022 appeared first on The Financial Brand - Banking Trends, Analysis & Insights. The difference now is that the urgency to move forward quickly is much greater.

Trends 43

Trends Digital Banking Banking Trends Analysis 43

The Financial Brand

SEPTEMBER 8, 2021

Building a culture of innovation is at the foundation of success for financial institutions hoping to respond to the new opportunities of the marketplace. The post Banking Achieving Success With Innovation Efforts appeared first on The Financial Brand - Banking Trends, Analysis & Insights.

Innovation 43

Innovation Banking Trends Analysis Trends 43