Independent Banker

DECEMBER 31, 2022

Top trends in payments. As 2023 kicks off, community banks can respond to today’s payments landscape by addressing five key trends. Chris Doyle, Texas First Bank. FedNow is obviously going to change the landscape for us, and I think it’s going to accelerate [digital development] for community banks,” Lakoumentas says.

Trends 140

Trends Payments Community Bank Texas 140

PYMNTS

MAY 27, 2020

The ATM has emerged as one of CUs’ most important tools in this member engagement effort, in fact, with many investing in digitally-enabled ATM kiosks that provide members with on-demand videoconference consultations and a full range of digital banking services. Deep Dive: Offering An End-To-End Customer Experience Through ATMs.

ATM 243

ATM Innovation Meeting United States 243

The Financial Brand

SEPTEMBER 26, 2021

Operational improvement in banking provides the foundation for increased efficiencies, improved customer experiences and new business models. The post Improved Digital Banking Customer Experiences Requires Operational Excellence appeared first on The Financial Brand - Banking Trends, Analysis & Insights.

Customer Experience 43

Customer Experience Operations Digital Banking Banking Trends 43

NCR

MAY 2, 2017

As fintechs and the UK’s ‘challenger banks’ have experienced accelerating growth over recent years, one of the notable trends we’ve seen in the financial services industry is personalization. The post Feel-good banking: Improving customer experience through personalization appeared first on Banking.com.

Customer Experience 75

Customer Experience Industry Operations Technology 75

NCR

MAY 3, 2018

Growth in digital banking providers and offerings has been one of the defining trends of the financial services industry in recent years, and it continues at pace. Paul McAdam, senior director of the banking practice at J.D. The post Is digital banking growth coming at the expense of customer experience?

Customer Experience 53

Customer Experience Digital Banking Retail US 53

PYMNTS

SEPTEMBER 17, 2019

About 40 percent of all ATO attacks now count as high-risk, meaning banks of all shapes and sizes must reexamine how they think about data protection, security and the tools they use to guard against emerging threats. Arou nd the Digital Banking World. digital bank Monzo. market debut. market debut.

Fraud 196

Fraud Digital Banking Delaware Tools 196

The Financial Brand

DECEMBER 6, 2020

As we enter 2021, there is a customer experience disconnect between what a banking customer wants and what is being delivered. The post Top 7 Customer Experience Trends in Banking for 2021 appeared first on The Financial Brand.

Customer Experience 43

Customer Experience Trends Branding Report 43

The Financial Brand

MAY 31, 2021

Banks and credit unions see digital's impact, yet half say CX budgets will remain the same in the year ahead, making it tough to keep up. The post Customer Experience Trends in Financial Services for 2021 appeared first on The Financial Brand.

Customer Experience 43

Customer Experience Trends Branding Digital Banking 43

Accenture: Banking

APRIL 4, 2017

However, this year’s Accenture Technology Vision for Banking report suggests that banks still have a chance to protect their business before the heavy rains arrive. As human interactions become rarer in banking, the importance of each one going well increases. Read the report.

Technology 173

Technology Trends Survey Customer Experience 173

PYMNTS

FEBRUARY 28, 2020

“We continue to see steady growth in mobile banking, online banking, enhanced ATMs, remote deposit capture, etc., however, we know that many customers still value some physical presence to provide assurance, advice, and the ability to facilitate and support some transactions.

Capital 209

Capital ATM Customer Experience Cards 209

The Financial Brand

NOVEMBER 22, 2020

Banks and credit unions must rethink the definition of ‘digital banking’ and prioritize investment in data, technology, people and processes. The post Top Digital Banking Transformation Trends for 2021 appeared first on The Financial Brand.

Digital Banking 43

Digital Banking Trends Branding Data 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

Celent Banking

SEPTEMBER 12, 2014

Banks are better served dedicating time to figuring out and overcoming the challenges of a unified customer experience, or building out existing, proven channels that are popular today. Banking digital channels Google Glass Mobile'

Google 201

Google Video Strategy ATM 201

NCR

MARCH 12, 2018

Some of the most significant recent trends in financial services – such as the ongoing growth of the mobile channel and the expansion of the fintech market – have demonstrated that the evolution of the industry is being driven by technology. Image: chombosan via iStock.

Analytics 75

Analytics Digital Banking Analysis Branding 75

PYMNTS

FEBRUARY 3, 2020

They include the increasing obsolescence of physical bank branches, the mass adoption of mobile banking, and self-serve kiosk trends, among others. Ironically, the ATM comeback also involves adding more convenient, accessible human contact back into the branch experience. Solving the Branch Conundrum.

ATM 165

ATM Digital Banking Innovation Video 165

Jeff For Banks

MARCH 3, 2025

Our recognition as the #3 community bank in the state by GOBankingRates in 2025 reflects our commitment to Growing, Together with the communities we serve. Yet, the banking industry is at a turning point. Customers increasingly demand seamless digital experiences91% of U.S.

Community Bank 74

Community Bank Community Minnesota Security 74

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

PYMNTS

JANUARY 16, 2020

As reported, PSCU is setting its sights on creating an end-to-end payments platform, embracing cloud technology and expanding Lumin Digital , the organization’s proprietary digital banking platform. Digital banking efforts were once only realistic for the most deep-pocketed of traditional FIs.

Digital Banking 139

Digital Banking Analytics Data Customer Experience 139

Cisco

APRIL 7, 2019

It’s clear retail banks need to adapt to emerging trends to stay relevant in today’s market. What isn’t always so clear, however, is what trends matter most and where banks should focus their attention to stay head of the curve. We’ve identified the top 4 trends that banks can’t ignore in 2019. #1.

Trends 64

Trends Cyber Security Big Data Analytics 64

PYMNTS

NOVEMBER 12, 2020

This is leading more of our clients to instruct us to ‘turn on’ PayPal and other wallets in their customer experiences because it is relevant.”. Rather than think of people and businesses as banked or unbanked, I think the new terminology should be ‘digital versus analog’ transactors.”. A Positive Trend In A Tough Year.

Mobile 202

Mobile Study Tools FDIC 202

The Financial Brand

DECEMBER 20, 2020

Digital experience gaps are causing banks and credit unions to lose ground. They can regain it by a singular focus on customer centricity. The post 10 Digital Banking UX Trends that Will Drive Post-Pandemic Strategy appeared first on The Financial Brand.

UX 42

UX Strategy Digital Banking Trends 42

PYMNTS

OCTOBER 23, 2020

The CU attributed this spike to the growing number of users who are choosing to bank from home to avoid the risk of contagion, illustrating a nationwide trend that has seen consumers make the leap to digital and mobile channels to stay safe. million in July. Credit unions across the U.S.

Tools 151

Tools Mobile Report Oregon 151

PYMNTS

DECEMBER 10, 2020

Bank's work with Zelle, the release says, is “part of the company’s broader strategy to enhance the customer experience with digital capabilities that are intuitive and easy to use, fast and secure.”. Gift card sales are up this year, PYMNTS writes, with the pandemic's push to online shopping driving the trend.

US 161

US Cards Customer Experience Trends 161

PYMNTS

JANUARY 19, 2021

Researchers found that FIs offering “innovative options such as interactive and contextually relevant video content stand to improve engagement and customer experience, especially among younger generations like bridge millennials and millennials.”. Irrelevant, Ill-Suited Info.

Study 196

Study social media Millennials Retail 196

Gonzobanker

JULY 11, 2024

Maximize new deposit relationships with an effective onboarding program Institutions spend considerable resources to capture new customers, but once the account is opened many institutions do little to capitalize on the new relationship. Of the institutions that do, just 20% feel the effort is measurably successful.

Strategy 157

Strategy Analytics Tools Digital Banking 157

PYMNTS

APRIL 2, 2018

Consumers demand easy, digital banking, but this pressure for banks to deliver is also coming from corporate clients. Take mobile banking, which has propelled the introduction of mobile-only banks to meet demand for better services on smaller screens.

blockchain 171

blockchain Lending User Experience Mobile 171

Gonzobanker

JULY 20, 2022

The lack of clear ownership in driving digital transformation represents a huge roadblock for financial institutions fighting to stay relevant. Bank executives are coming to understand that in today’s world, the customer experience (CX) is the product, although not all have made a serious commitment to address newfound competition.

Digital Strategies 174

Digital Strategies Strategy Customer Experience Leadership 174

PYMNTS

JANUARY 28, 2020

All of those trends essentially leave FIs with one major, overriding question when it comes to crafting a better digital strategy for the coming years. Owens noted that Elan aims to improve the customer experience by providing mobile functionality, geolocation, AI-based fraud protection and all forms of digital payments.

Fintech 169

Fintech Digital Strategies Mobile Strategy 169

PYMNTS

MAY 23, 2019

Digital banking is not the main element that drives consumers toward using a credit union. However, as Lumin Digital President Jeff Chambers told Karen Webster in a recent conversation, that doesn’t mean the digital banking experience isn’t critical to credit unions’ relationships with their members.

Online 123

Online Millennials Digital Banking Maine 123

BankInovation

AUGUST 12, 2022

Financial institutions could improve security, reduce costs and enhance the customer experience by replacing the password with integrated biometric solutions. Dupont, Wash.-based

Trends 52

Trends Customer Experience Examples Digital Banking 52

The Financial Brand

JANUARY 18, 2023

This article Digital Banking Readiness is Top Priority in 2023 appeared first on The Financial Brand. Enhancing customer experiences via development of AI, blockchain, and cloud computing are key parts of digital banking improvement.

Digital Banking 43

Digital Banking Customer Experience blockchain Branding 43

Abrigo

MARCH 15, 2022

Not surprisingly, then, digital/online account opening solutions for consumers and digital account opening solutions for commercial or small business firms are among the top types of new systems banks are looking to select or replace in 2022, according to Cornerstone Advisors. Improved Customer Experience.

Online 195

Online Lending Survey Digital Banking 195

PYMNTS

JULY 14, 2016

Well-established financial institutions often have big costs and outdated existing technology, which can make them slow to react to trends and developments in the rapidly evolving digital banking space. One of those online banks finding success – due in large part to its digital roots – is German bank Number26.

User Experience 100

User Experience Digital Banking Customer Experience Innovation 100

PYMNTS

JANUARY 11, 2021

Banks, he noted, are increasingly having to embrace a digital-first experience. And amid that digital-first mindset, the banking experience may be increasingly moving toward self-service. A number of trends are converging at the ATM, then, and for Cardtronics, the suitors are lining up. Brown said. “So

ATM 142

ATM Strategy Capital Technology 142

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

Cisco

APRIL 7, 2019

It’s clear retail banks need to adapt to emerging trends to stay relevant in today’s market. What isn’t always so clear, however, is what trends matter most and where banks should focus their attention to stay head of the curve. We’ve identified the top 4 trends that banks can’t ignore in 2019. #1.

Trends 48

Trends Cyber Security Big Data Analytics 48

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