PYMNTS

MARCH 18, 2020

According to Building A Better App: Banks And The Innovation Imperative , a report co-produced by PYMNTS and Ondot , almost a quarter, or 24.3 percent, of consumers reported they would be highly likely to seek banking services with Amazon , Apple or Google — while another 23.5 Meanwhile, 28.5

Cards 217

Cards Tools Mobile Google 217

PYMNTS

OCTOBER 4, 2019

With the recent launch of the Apple Card , Apple has sent a signal that they seek to offer a better user experience than banks. In fact, their slogan for the card is “Created by Apple, Not a Bank?.” And the card is no longer just a payment instrument; it’s more than the card itself.”.

Apple 198

Apple Cards User Experience Examples 198

PYMNTS

APRIL 23, 2020

Banks looking to meet customers’ standards must have a holistic view of the digital experience and consider all aspects of their operations rather than prioritizing one over another, according to KeyBank Executive Vice President and Head of Digital Banking Jamie Warder. “We

System 226

System Digital Banking Online Guidelines 226

PYMNTS

NOVEMBER 15, 2019

This edition includes news about Facebook’s new payments push, Amazon’s new robotics plan and why Google is working more closely with financial institutions. Goldman Denies Discriminatory Apple Card Practices, Says It Will Reassess Limits. Google Dives Into DDAs. Deutsche Bank Admits Widespread Payment Failures To BoE.

Google 139

Google Payments Apple cryptocurrency 139

PYMNTS

FEBRUARY 25, 2020

As the report states, “We … find that a significant share of consumers are willing to bank with the institutions — financial or otherwise — that offer them the best spending and money management tools.”. Mobile Cards: Make or Break? The highest interest is among “bridge millennials” whose card spend averages $40,000 annually.

Mobile 153

Mobile Cards social media Survey 153

PYMNTS

MAY 28, 2019

According to a report on Tuesday (May 28), a France-based “digital banking startup aimed at teenagers” called Pixpay has raised nearly $3.5. The banking service for teens reportedly will launch later this year in time for the new school term in France, and the service will cost users about $33 monthly. million in fresh capital.

Digital Banking 139

Digital Banking Google Mobile Groups 139

PYMNTS

APRIL 30, 2020

Banks must now consider how to best expand remote services and emphasize these channels once consumers can safely visit branches again. This month’s Deep Dive examines how consumers are approaching digital banking and how FIs are leveraging online and mobile channels to prevent service gaps during the pandemic.

Digital Banking 150

Digital Banking Mobile Online Millennials 150

PYMNTS

MAY 12, 2020

There was a time when consumers did not require much more from their local bank than a checking account, savings account and an ATM card. This has changed dramatically in recent years as consumers’ financial lives have migrated to the digital realm. In contrast, national bank customers are less likely to switch FIs, with 25.9

Regional 241

Regional National Cards Mobile 241

PYMNTS

JULY 27, 2020

Hackers boasting that they have “cracked” some of the hashed passwords stolen from digital banking aggregator Dave may be one of the most disturbing elements to emerge from the cyberheist that exposed the private information of millions of users, a top expert notes.

Data 246

Data Fintech Report Security 246

PYMNTS

SEPTEMBER 15, 2020

Kikkeri said this is the highest penetration that mobile banking has ever seen among consumers. And for financial institutions (FIs), that translates into an incredible opportunity to build better digital banking journeys for their customers. But an opportunity is only as good as the bank’s ability to pursue it.

Fintech 224

Fintech Idaho Apple Google 224

PYMNTS

JANUARY 20, 2021

The ongoing pandemic has pushed more consumers online to carry out their shopping and banking, with fraudsters following suit. Bad actors have moved to take advantage of the rush to digital payments — particularly those made with debit cards — leaving banks and financial institutions (FIs) racing to keep them off their platforms.

Security 130

Security Cards Mobile Fraud 130

PYMNTS

APRIL 24, 2020

India’s KarbonCard , a FinTech that offers startups in India and Southeast Asia with corporate card solutions, secured $1 million in new funding from Orios Venture Partners, Whiteboard Capital, and others, according to YourStory reports. As an FDIC insured bank in the U.S., next year.

Fintech 193

Fintech Capital Security Digital Banking 193

PYMNTS

APRIL 21, 2020

As Verdon told Webster, embracing platforms such as the one offered by Railsbank — which enables companies to issue unique international bank account numbers (IBANs), receive and send money and issue and manage cards — means that banking becomes a service rather than a series or suite of separate products.

Branding 232

Branding Innovation Fintech Regional 232

PYMNTS

JULY 23, 2020

They are all digital channels [that companies need] in order to reach the customer for all kinds of services.”. If issuers and banks don’t do that, he said, Apple, Google, Samsung and a whole host of Big Tech players are ready to step in and do so — taking away FI customers in the process. Perfecting The Card Relationship.

UX 165

UX Cards Google User Experience 165

PYMNTS

FEBRUARY 14, 2020

China’s central bank gave Mastercard the green light on Feb. 11 to set up a bank card clearing business, providing it with access to a $27 trillion payments market. The People’s Bank of China said it has approved an application by Mastercard’s Chinese joint venture to run a bank card clearing business in the nation.

Retail 141

Retail Cards Millennials Fraud 141

PYMNTS

JANUARY 24, 2017

The combination of fees and no tools with which to build a financial strategy, said Walsh, is not one to engender trust in the banks. They’d rather be dealing with a Google or an Amazon or a Facebook” as an alternative to traditional banking.

Digital Banking 100

Digital Banking Millennials Lending Google 100

PYMNTS

DECEMBER 5, 2019

The funding, led by DST Global, is the largest individual equity investment for a challenger bank, surpassing NuBank’s $400 million, which was also led by DST Global, according to CB Insights. DST Global led the Chime’s previous funding round that closed in March, which valued the digital bank startup at about $1.5

Digital Banking 144

Digital Banking Chicago Google Fintech 144

PYMNTS

JANUARY 2, 2020

Gaming company Razer is going after a Singapore digital banking license, along with China’s largest online monetary platform Ant Financial , according to reports on Wednesday (Jan. Razer FinTech will own a 60 percent majority stake Razer Youth Bank, which will be headquartered in Singapore. . Google and Temasek Holdings. .

Digital Banking 130

Digital Banking Capital Google Cards 130

PYMNTS

MAY 5, 2017

The growth in digital payment fraud comes as activity has moved away from card-present transactions in an ecosystem protected by EMV authentication standards. Likewise, Graff shared the two key components to a strong credit card testing detection strategy. Google And Facebook Scammed Out Of $100 Million.

Cards 113

Cards Fraud Security Retail 113

PYMNTS

FEBRUARY 13, 2020

Brown said the company has been working to become a software company, with digital-first banking firmly in the crosshairs. Among the key focal points for NCR looking ahead lies expanding card management and commerce capabilities. It’s really about extending out the capability of your card to the commerce ecosystem,” he said.

Millennials 231

Millennials Digital Banking Mobile Course 231

PYMNTS

MARCH 14, 2019

Paytm, the India-based eCommerce and digital wallet company, has announced a new mobile banking app called Payments Bank, according to reports. The app, available for download in the Google Play store and coming soon to iOS, will allow customers to check balances, request debit cards, pay with their phones and more.

Mobile 188

Mobile Cards Google Marketing 188

PYMNTS

NOVEMBER 20, 2020

CNBC noted that the smartwatch market alone has doubled in size to $13 billion over the past three years, with Apple , Google and Samsung all actively competing in the space. Wearables have also expanded their features to include digital payments.

Samsung 150

Samsung Apple Google Analytics 150

PYMNTS

JULY 1, 2020

But one thing is clear: Americans would be willing to dispense with their local bank and make Amazon , Apple or Google their primary payment account provider if those 21 st -century accounts allowed them to more easily manage and spend their money. Such an app could potentially involve as much as $2 trillion in card spending. .

Survey 183

Survey Cards Millennials ATM 183

The Paypers

APRIL 6, 2025

Lithuania-based myTU , an automated digital bank, has rolled out Google Pay for its customers, with the capabilities allowing users to add their debit cards to Google Wallet.

Google 46

Google Security Digital Banking Payments 46

PYMNTS

AUGUST 6, 2020

Mangot worked as Wells Fargo’s senior vice president in the development of Greenhouse, which works to help younger users and gig economy workers develop responsible banking habits, CNBC reported. And in the past, she founded SparkGift , a micro-investing startup, and was head of a team for payments and commerce partnerships at Google.

Maine 173

Maine Google Retail Strategy 173

BankInovation

AUGUST 30, 2023

On Monday, BMO, with Mastercard and digital card fintech Extend, rolled out a mobile wallet for virtual cards for its commercial banking clients in the U.S. By offering mobile wallet functionality for physical cards and now virtual cards and contactless payments, BMO is equipping our Corporate […]

Mobile 111

Mobile Cards Fintech Payments 111

PYMNTS

MARCH 10, 2020

David Solomon, chief executive officer of Goldman Sachs, has goals of expanding Marcus , its digital bank for consumers, along with Goldman’s credit card division and cash management solution. . Scherr said the bank is not currently looking to do “larger material transactions … in the near term.”.

New York 170

New York Conference Google Survey 170

Gonzobanker

APRIL 8, 2020

Pages should have calls to action in shareable content like blogs, videos and webinars that encourage consumer and business engagement, and they should be used across digital marketing mediums like blogs, alerts, calling/texting the contact center and auto-scheduling appointments. Analytics platforms (Google Analytics is free!)

Leadership 174

Leadership Analytics System Digital Banking 174

PYMNTS

AUGUST 22, 2019

Banking startup N26 has announced that its mobile banking app is now available to customers across the United States, following the completion of a beta program that lasted two months, according to a release. The app is available in the Apple App Store and Google Play. “We created a mobile, fast and easy way to bank.”

US 157

US San Francisco United States Chicago 157

PYMNTS

JANUARY 7, 2020

That unit will include the company’s online lending platform, Marcus , and credit card business, the latter of which is done through a joint venture with Apple. That includes Marcus and the Apple Card. In the meantime, the push downstream into consumer banking and into the Apple Card comes as the field is getting a bit crowded.

Report 134

Report Apple Lending Cards 134

PYMNTS

MARCH 26, 2020

Think about what Google did to the internet: Google uses bots to search and crawl through the internet ecosystem, capture a lot of information and make it available for [view on Google] Search.”. But now] it could be a valid customer that’s vacationing or going on a business trip and accessing his bank. he said. “[But

Google 141

Google Fraud San Diego Security 141

PYMNTS

JANUARY 7, 2020

That unit will include the company’s online lending platform, Marcus , and credit card business, the latter of which is done through a joint venture with Apple. That includes Marcus and the Apple Card. In the meantime, the push downstream into consumer banking and into the Apple Card comes as the field is getting a bit crowded.

Apple 132

Apple Lending Cards Report 132

PYMNTS

OCTOBER 23, 2020

There's a digital debit card offered which lets users begin banking immediately without waiting for a card in the mail, the release says, and the app is functional with Google Pay , Cash App and Venmo. The company offers users real-time, expense tracking tools for taxes and financial insights.

Capital 170

Capital Leadership Taxes Google 170

Gonzobanker

JANUARY 16, 2018

We didn’t capture mobile banking adoption in 2007, but today the median percentage among mid-size banks is 26%—with relatively little variation between those at the 25 th percentile (23%) and those at the 75 th percentile (33%). The growth of digital banking also impacted the contact center. Contact center.

Digital Banking 149

Digital Banking Online Fintech Mobile 149

PYMNTS

SEPTEMBER 9, 2019

Another institution, Bank of Ayudhya, will join the app soon. The app will be able to handle credit card payments as well as the government e-payment system, PromptPay. The biggest lender in the country, Siam Commercial Bank, is teaming with Sea Thailand to grow online lending and payments.

Groups 125

Groups Google Lending Online 125

PYMNTS

JULY 17, 2020

According to that research , roughly a third of consumers would consider switching financial services providers to get better digital services attached to their cards. VB said first on that list is digital self-service, especially when customers can’t access the bank physically.

Regional 198

Regional Cards National Trends 198

PYMNTS

FEBRUARY 24, 2017

Further, insight from Javelin Strategy & Research indicates that over half of all mobile banking users across demographics have expressed interest in using voice commands as part of their digital banking experience. In the latter camp, U.K.

Mobile 135

Mobile Fintech Google User Experience 135