PYMNTS

MAY 16, 2016

While Lending Club generally focuses its services on consumers, the implications of Laplanche’s resignation have echoed throughout the SME lending space as well and could see a further decline in banks backing small business loans offered through marketplace platforms. 65% of U.K. and U.S.

Fintech 108

Fintech Lending Fraud Cards 108

American Banker

OCTOBER 15, 2020

Bank of America is applying a familiar arsenal — including APIs and its popular virtual assistant, Erica — to online business banking, cross-border payments and cash management in an effort to modernize those services.

America 92

America Online Management Payments 92

American Banker

MAY 26, 2020

Cybercriminals have targeted at least four financial services technology companies in recent months, potentially giving hackers back-door access to clients. Here’s how banks can guard against that.

Technology 85

Technology Company Cyber Security Banking 2020 85

Banking 2020

NOVEMBER 24, 2014

Animation aside, that would probably be Moneyball , an absorbing analysis of the moves made by Oakland As manager Billy Beane to rely more on technology-driven data than old-school scouting to put together his 2002 roster. And in fact, unlike other recent settlements, the Athena case does not include an admission of guilt.

Oakland 70

Oakland Analytics Regulation Examples 70

Tech and Finance

APRIL 29, 2016

PWC Retail banking. In its report on Retail Banking 2020 — Evolution or Revolution, PWC optimistically ignores many of the details of its survey and concludes that banking has a great days ahead. Banks need to decide whether they want to shape the industry, become fast followers or manage defensively, the report added.

Retail 28

Retail Regional Innovation Survey 28

Tech and Finance

APRIL 29, 2016

PWC Retail banking. In its report on Retail Banking 2020 — Evolution or Revolution, PWC optimistically ignores many of the details of its survey and concludes that banking has a great days ahead. Banks need to decide whether they want to shape the industry, become fast followers or manage defensively, the report added.

Retail 28

Retail Regional Innovation Survey 28

Banking 2020

DECEMBER 23, 2014

Introducing new technologies can often be a challenge when looking at customer adoption. In a few sentences, can you tell us about Westpac Bank? . Westpac has been operating in New Zealand since 1861 and is one of the country’s largest full service banks with over 1.3 million customers. million customers.

Mobile 47

Mobile Technology US Payments 47

Banking 2020

DECEMBER 16, 2014

To get a better sense of what adopting Apple Pay actually looks like, we chatted with Brice Mindrum, mobile services manager for America First Credit Union. In adopting Apple Pay, did you view this as a welcome technology? How do you think credit unions and banks who are not yet offering Apple Pay will fare? We want to hear it!

Apple 84

Apple America Training Cards 84

Banking 2020

FEBRUARY 26, 2015

2015 will be the year for EMV technology to become an industry standard in the U.S: Since the liability shift deadline is right around the corner, the issuer banks, third party processors, acquirer banks, as well as the retailers will need to start and/or complete the Chip Issuance and Acceptance in 2015.

Payments 40

Payments Bitcoin Mobile System 40

Banking 2020

JUNE 4, 2015

Here are some sample findings: Consistency of answers across agents: Government (56%), and tech-oriented sectors—technology (47%), cell phone (46%) and communications service providers (45%)—performed the worst in this area. Agents not knowing the answer: Offline retail (47%) and technology sectors (47%) performed the worst.

Retail 40

Retail Maine Online Study 40

Banking 2020

JANUARY 27, 2015

But the big question is: Are banks appropriately positioned to take advantage of these growth avenues? Global transaction banking business will need a strong push to support multiple revenue streams, agile- operating technology and product management models. Know what’s ‘inside the box’ but ‘think outside’.

Capital 40

Capital Management Operations Leadership 40

Banking 2020

JUNE 9, 2015

Midsize banks (those with deposits between $2 billion and $33 billion) have traditionally been the leaders of customer satisfaction in the banking industry, but technology has advanced to the point where big banks and regional banks are closing the gap. Mobile and Digital Technology.

Regional 40

Regional ATM Customer Experience Policies 40

Banking 2020

NOVEMBER 24, 2014

Animation aside, that would probably be Moneyball , an absorbing analysis of the moves made by Oakland As manager Billy Beane to rely more on technology-driven data than old-school scouting to put together his 2002 roster. And in fact, unlike other recent settlements, the Athena case does not include an admission of guilt.

Oakland 42

Oakland Analytics Regulation Examples 42

Banking 2020

NOVEMBER 25, 2014

I recently spoke to a financial management company who had a partnership with a collection agency. The partnership allowed the financial management company’s users to call the collector to negotiate a settlement. Luckily, despite the constraints, technology can help banks to respond to the changing regulatory environment.

Regulation 67

Regulation Analytics Compliance Training 67

Banking 2020

JANUARY 28, 2016

It’s a question that’s beginning to be asked as the explosion of new technology in the payments industry means consumers and businesses are left with an endless stream of channels to use. For example, in addition to merely accepting a payment, mPOS systems can offer stock control and inventory management.

Industry 40

Industry Payments System Online 40

Banking 2020

OCTOBER 30, 2014

Dianne shared insight on Banner Bank’s recently redesigned website and new marketing initiatives to further their approach as a “ super community bank.”. Dianne Larsen, Banner Bank. A bank must have zero tolerance for website downtime as it impacts your clients’ ability to access their money.

Community Bank 95

Community Bank Branding Marketing Mobile 95

Banking 2020

OCTOBER 15, 2015

There was a time when the launch of a new mobile payment system from one of the world’s largest and most dynamic technology companies would have been a massive event. For a generation weaned on technology-enabled instant gratification, it’s the ultimate goodie. So why is adoption still so sluggish? merchants were ready.

Mobile 40

Mobile Payments Samsung Google 40

Banking 2020

APRIL 23, 2015

Today’s successful banking institutions must quickly adapt to dynamic business environments, deploy new technologies, and deliver consistent online services to meet their customer’s needs – anytime, anywhere, and with whatever device they choose. Marc Goodman is an independent marketing consultant for Sangfor Technologies.

Online 40

Online Compliance Data Operations 40

Banking 2020

NOVEMBER 10, 2015

Consumers around the world are becoming more interested in using their mobile devices to manage their financial affairs, with the use of mobile banking technologies set to double by the end of the decade. This is according to a new report by KPMG, which revealed the total number of mobile banking customers is set to hit 1.8

Mobile 40

Mobile social media Security Report 40

Banking 2020

FEBRUARY 17, 2015

Just as the onset of online banking capabilities upended traditional industry practices, the slew of mobile banking apps now on the market, and the heavy adoption of those technologies by ‘millennials’ in particular, was bound to make even online banking look old-fashioned. And then, of course, there’s the technology.

Mobile 40

Mobile Online Millennials Course 40

Banking 2020

AUGUST 6, 2015

It’s in their DNA—a big part of the entire industry is based on measuring and managing risk. Many of the new technologies that come into the infrastructure are supposed to help with those equations, and they surely do. To be blunt, banks don’t like to make predictions on cyber-crime. They don’t say because they don’t know.

Analytics 40

Analytics Security Technology Analysis 40

Banking 2020

DECEMBER 16, 2014

A big part of this is moving from reactive to proactive talent management. Take Smart Risks: Managers generally hire people who walk and talk like everyone else on the team. There must be a marriage of financial content and experience with the new thinking and agility that will create of what banking will be in the future.

Leadership 52

Leadership Regional America Industry 52

Banking 2020

MAY 14, 2015

America’s most recognizable banks, however, spend more just on technology. percent of revenue, IT spending in the banking and financial services industry is second only to the software/internet industry. Most recently, he was senior vice president, general manager, responsible for serving clients in the company’s Central Area.

Cyber Security 40

Cyber Security Software Study Industry 40

Banking 2020

JUNE 23, 2015

In the financial industry, wearable technology could become a convenient but secure way to access an individual’s finances. Marshall Yuan is a senior product manager at Digital Insight Labs where he has been leading experimentation in new solutions to help financial institutions engage and delight their end users.

Apple 40

Apple Management Mobile Video 40

Banking 2020

JULY 29, 2015

It has been predicted that digitalization of banks and personal data is what is increasing risks and making banks vulnerable too. From websites which report bank and broker reviews to experts in security technology, many have the same prediction around money transfer online : the risks are now higher.

Security 40

Security Analytics Cards Training 40

Banking 2020

DECEMBER 8, 2015

The reasoning behind account aggregation makes perfect sense—it compiles key data from multiple accounts and sources, including bank accounts, credit cards, investments, etc., This is exactly how technology should work. More to the point, it takes the old question of technology vs. financial services even further.

Security 40

Security Data Policies Industry 40

Banking 2020

AUGUST 27, 2015

No doubt, if they had to make a decision today on which technology to use, they would never choose QR codes. Of course ATMs are operated not as cost reduction tools, but as profit centers for banks and independent owners. In this context new technologies are less likely to be introduced until the old technology is depreciated.

ATM 40

ATM User Experience Fraud UX 40

Banking 2020

JANUARY 27, 2016

That may be a good thing—we understand that each successive technology trend will uproot traditional practices, forcing us to go with the flow. There was, and in many quarters continues to be, surprise at the ongoing popularity of offerings from non-banking vendors, specifically technology companies.

Mobile 40

Mobile Branding Industry Innovation 40

Banking 2020

MARCH 12, 2015

Some technology buzzwords become so embedded in the lexicon they reach cliché status at warp speed. As financial services providers and financial institutions, we’re not really in the business of technology—it enables what we do, but it’s not what we do. It’s not a buzzword, and it can’t always be clearly defined, but it’s vital.

ATM 40

ATM Retail Mobile Atlanta 40

Banking 2020

OCTOBER 19, 2015

Technologies are now adopted by consumers at rates that defy the ability of many infrastructures to keep up. If mobile banking came a shock, think what effect the Internet of Things might have. A glitch that would be shrugged off in other tech-enabled fields might undermine trust and comfort with the bank.

Video 40

Video Resources Apple Technology 40

Banking 2020

NOVEMBER 9, 2015

Mobile technology is rapidly becoming an integral part of the way that many people manage their finances and make everyday payments, with the popularity of mobile banking apps and dedicated mobile payment tools such as Apple Pay growing all the time.

Mobile 40

Mobile Payments Regional National 40

Banking 2020

APRIL 28, 2015

Unlike in the past, when more than two products from one bank made a customer loyal, customer behavior is fleeting and their expectations for digital banking is increasing every day, because technology is giving them numerous choices and control. Suman Kumar Chandra is the Director of Delivery at Virtusa.

Customer Experience 40

Customer Experience Digital Banking social media Millennials 40

Banking 2020

NOVEMBER 19, 2015

However, a major data breach at the US Office of Personnel Management (OPM) has cast this into doubt. However, this probability could change over time as technology evolves.”. In the case of biometric technology, we could need to look to something that is dynamic like a heartbeat. million individuals.

Security 40

Security Fraud Data Industry 40

Banking 2020

FEBRUARY 1, 2016

As banking becomes more commoditized, there’s less incentive for customers to stay with a bank that isn’t meeting their expectations of service and convenience. For the most part, the days when branch managers knew customers by name are long gone.

Customer Experience 40

Customer Experience Online Mobile Digital Banking 40

Banking 2020

NOVEMBER 25, 2014

I recently spoke to a financial management company who had a partnership with a collection agency. The partnership allowed the financial management company’s users to call the collector to negotiate a settlement. Luckily, despite the constraints, technology can help banks to respond to the changing regulatory environment.

Regulation 40

Regulation Analytics Compliance Training 40

Banking 2020

NOVEMBER 27, 2015

These digital-heavy, mobile-savvy youngsters feel free to eschew brand loyalty and shop around for options on a whim, and the constant emergence of new technologies supports fickle habits. That’s far, far above mobile phone network providers, online retailers, consumer technology companies, and even social media providers.

Millennials 40

Millennials Survey social media Online 40

Banking 2020

MAY 12, 2015

The only way to gain first-hand experience is to get out there, whether in training for triathlons or initiating a change management project. With our solution, when the member approaches the credit union, walks in and gets a coffee, the technology does all the work. And we don’t know how different it is until we get out there.

Innovation 40

Innovation Digital Banking Survey Exercises 40