Banking 2020

NOVEMBER 12, 2015

It was barely two years ago that the world’s first facial recognition payment system was developed, but now it seems this technology is set for lift-off globally. Finnish firm Uniqul launched biometric authentication technology in 2013, which used mathematical models of people’s faces to confirm users.

Technology 40

Technology Payments ATM System 40

Banking 2020

JANUARY 8, 2015

Banks have one of the largest IT budgets of any industry, but what exactly are organizations getting for the money? Powering innovation starts with transforming technology and its use. The banking and financial services industry nearly tops the list of largest IT budgets, spending an average 6.3 percent of revenue on IT.

Technology 40

Technology Software Operations Innovation 40

Banking 2020

JANUARY 15, 2016

shows that in the next two years, wearable technology and smartphone apps will be the go-to payment method. Branch Banking Lessons to Improve the Mobile Experience: Although mobile banking has become largely utilized, especially by millennials, there are a few lessons that banking apps can learn for a more traditional experience.

Mobile 40

Mobile Technology Millennials Study 40

Banking 2020

JANUARY 29, 2016

The Widening Worldwide Reach of Wearables: According to International Data Corporation, wearable technology such as smartwatches, smarter clothing, and eyewear will be more ubiquitous than ever in the near future. Articles via Mobile Marketing Watch, Mobile Payments Today, The Financial Brand, American Banker.

Mobile 40

Mobile Industry Technology Payments 40

American Banker

OCTOBER 2, 2020

The lawsuit follows two successful USAA suits against Wells Fargo that claimed infringement of patents.

Technology 40

Technology Mobile Banking 2020 System 40

ABA Community Banking

MARCH 6, 2020

A majority of bank CEOS—68%—are confident about their bank’s prospects for revenue growth in 2020, according to the Community Bank 2020 Priorities Survey released by ABA today. The post Bank CEOs to Focus on Digitization, Talent Development in 2020 appeared first on ABA Banking Journal.

Community Bank 52

Community Bank Banking 2020 Survey Community 52

Payments Source

JULY 20, 2020

Business models and adaptability will determine the success — or failure — of financial technology companies as they deal with fallout from the coronavirus outbreak.

Fintech 106

Fintech Financial Technology Technology Company 106

American Banker

OCTOBER 13, 2020

Mobile and online banking technologies that the Toronto bank previously rolled out, including a virtual assistant developed by Kasisto and money management tools made by Moven, have become much more popular since the arrival of COVID-19.

Fintech 97

Fintech Tools Mobile Online 97

American Banker

JUNE 24, 2020

Upstart, which specializes in the use of alternative data and AI in credit decisions, will make car loans directly and sell its technology to banks and other lenders.

Online 88

Online Data Technology Banking 2020 88

American Banker

SEPTEMBER 21, 2020

The North Carolina bank deployed Finxact's new technology, which runs on Amazon Web Services, to make Paycheck Protection Program loans and will use it next to offer business savings accounts and CDs.

North Carolina 86

North Carolina System Technology Banking 2020 86

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

American Banker

NOVEMBER 10, 2020

The two companies first started collaborating last year, but now BBVA has white-labeled Prosper’s technology on its own website.

Technology 85

Technology Company Banking 2020 Digital Banking 85

American Banker

OCTOBER 23, 2020

Foreign banks for years have been using technology that folds several communication and information-sharing capabilities into one platform. Now Citigroup and others here are showing interest because of the growing importance of digital in the pandemic.

Technology 78

Technology Banking 2020 Digital Banking Mobile 78

American Banker

JULY 20, 2020

Business models and adaptability will determine the success — or failure — of financial technology companies as they deal with fallout from the coronavirus outbreak.

Fintech 75

Fintech Financial Technology Technology Company 75

Payments Source

JUNE 11, 2020

The company is partnering with Sensibill, a fintech whose technology turns photos of receipts into text and helps people track and manage their expenses.

Mobile 63

Mobile Fintech Management Technology 63

American Banker

SEPTEMBER 25, 2020

Russia's largest bank is reinventing itself as a technology company and selling its own consumer electronic devices. Its chief tech officer says the moves are all about developing broader, more enduring customer relationships that the bank controls fully.

Technology 72

Technology Company Banking 2020 Digital Banking 72

American Banker

SEPTEMBER 15, 2020

Banks are augmenting their use of masks, distance markers and the like with apps to notify employees of exposure to infected individuals and technology meant to make branch visits safer.

Technology 65

Technology Banking 2020 ATM Digital Banking 65

American Banker

JULY 8, 2020

banks, betting that superior technology can lure companies with complex cash-management needs. The Wall Street firm is jumping into a market dominated by a handful of big U.S.

Management 62

Management Technology Marketing Company 62

American Banker

JUNE 11, 2020

The company is partnering with the fintech company Sensibill, whose technology turns photos of receipts into text and helps people track and manage their expenses.

Mobile 47

Mobile Fintech Management Technology 47

American Banker

SEPTEMBER 3, 2020

Many community banks, like Peoples Community in Wisconsin, say they proceeded despite the technological challenges presented by social distancing because the crisis has exposed the shortcomings of their digital systems.

Wisconsin 41

Wisconsin Community Bank Community System 41

American Banker

SEPTEMBER 14, 2020

BofA, which has applied for or been granted thousands of patents, has been working recently on technologies that analyze spending patterns to give budgeting advice and use augmented reality to provide estate-planning services.

America 44

America Technology Banking 2020 Digital Banking 44

Banking 2020

JANUARY 21, 2016

New technologies and the growing number of mobile devices have prompted banking institutions to rethink their traditional way of doing business. But just because the technology is available, does it mean we should use it? Bank, “ The Balancing Act: U.S. By Dominic Venturo, Chief Innovation Officer, U.S. Of course not.

Survey 40

Survey Innovation Technology Industry 40

Banking 2020

MARCH 13, 2015

Financial institutions are already piloting technology that allows consumers to withdraw money from ATMs using a combination of QR codes and their smartphones. Becoming a smarter bank: With technology always changing and developing, it can be hard for financial institutions , especially smaller ones, to keep up.

ATM 40

ATM Apple Strategy Technology 40

Banking 2020

NOVEMBER 12, 2014

If you haven’t already heard of them, EyeVerify developed mobile authentication technology they call Eyeprint ID, that replaces traditional passwords with the uniqueness of the human eye, or your “eyeprint.” How does this technology reduce costs to the traditional banking business?

System 101

System Security Groups Mobile 101

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. Want to hear more from Westpac?

Mobile 47

Mobile Technology US Payments 47

Banking 2020

JANUARY 30, 2015

Articles via The Wall Street Journal, PYMNTS.com and MIT Technology Review . Latest mobile-banking research shows laptops still reign: A recent survey of 1,000 American adults showed that Americans are still using their laptops to conduct simple banking transactions. What have you been reading?

Apple 40

Apple Online Payments United States 40

Banking 2020

JANUARY 26, 2015

Today, consumers interact with their banks via their smartphones, computers and other devices. Value of human touch: While technological developments such as digital banking bring conveniences to the lives of consumers, we often forget to realize the value of human contact. What have you been reading?

Customer Experience 40

Customer Experience Innovation Digital Banking Mobile 40

Banking 2020

SEPTEMBER 19, 2014

The mobile movement driving multi-channel banking – Banking Technology. Rethinking the Bank Branch in a Digital World – Harvard Business Review Blog. Wearables in Banking: Google Glass – Celent Banking Blog. Banks work to stay relevant as technology evolves – Houston Chronicle.

Apple 63

Apple Houston Google ATM 63

Banking 2020

NOVEMBER 10, 2014

Digital Channels: Windows to Financial Institution’s Soul – Bank Systems & Technology. iBeacon Greetings Leverage Benefits for Customer Engagement Tools – Hospital Technology. Apple Pay Moves World Closer to Mobile Payment Acceptance – Wall Street Journal. What have you been reading?

Mobile 57

Mobile Fintech Apple Tools 57

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

AUGUST 7, 2015

The do’s and don’ts of marketing bank technology: While software updates might be a big deal to product and tech teams, they’re not what consumers care about. Financial institutions should promote their problem-solving capabilities rather than their basic features.

Millennials 40

Millennials Security Marketing Survey 40

PYMNTS

MAY 16, 2016

SMEs want banks to offer bitcoin services , suggesting the cryptocurrency may not be such a failure after all. According to new research from Accenture, which published the results in its “SME Banking 2020: Changing the Conversation” report, small and medium-sized businesses are eager for more value-added services offered by their FIs.

Fintech 108

Fintech Lending Fraud Cards 108

Banking 2020

JANUARY 27, 2016

For the last few years, developed countries around the world have been witnessing an unrelenting march away from cash, as consumers take advantage of new technologies such as fast payments, contactless and mobile to complete transactions without resorting to notes and coins. Newer technologies help Asian markets. per cent in 2013.

National 40

National Mobile Technology Payments 40

Banking 2020

DECEMBER 4, 2015

MetaBank Bumps Up V-Card Strategy: MetaBank and StoneEagle struck a five-year extension of their partnership, which sees StoneEagle linking MetaBank’s Meta Payment Systems corporate clients into virtual B2B payment technologies. ” What have you been reading lately?

Mobile 40

Mobile Payments Digital Banking Millennials 40

Banking 2020

APRIL 21, 2015

One of the great benefits that technology brings financial institutions and consumers alike is the ability to streamline processes. We recently spoke with Paul Socia, President and CEO at Miramar Federal Credit Union to discuss how his credit union is using technology to do just this.

US 40

US Technology California Customer Experience 40

Banking 2020

DECEMBER 16, 2014

In adopting Apple Pay, did you view this as a welcome technology? Our employees, who are accustomed to our embrace of innovative technologies, welcome Apple Pay and look forward to helping members use it. 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

NOVEMBER 30, 2015

Banking institutions must engage with emerging financial technology (FinTech) companies or risk being left behind by an industry that is currently undergoing one of the largest transformations ever seen. Key reasons for this include innovations in the technology industry that offer significant opportunities to financial firms.

Fintech 40

Fintech Innovation Industry Meeting 40