PYMNTS

SEPTEMBER 4, 2020

Migration to mobile and digital banking ramped up during the pandemic. It’s one of numerous revelations in PYMNTS’ Leveraging The Digital Banking Shift Report , a collaboration with Feedzai , based on a survey of nearly 2,200 U.S. percent of online banking customers using digital channels more. This we know.

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Accenture: Banking

APRIL 7, 2020

Underpinned by mobile, digital and open data, established brands and new entrants alike are redefining banking for customers who will seldom set foot in a physical branch. Instead, retail customers and small- and medium-sized enterprise (SME) clients will use digital ecosystems to help….

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PYMNTS

APRIL 27, 2020

The number of online banking customers is growing worldwide, and FIs’ consumers are coming to expect seamless digital experiences as a result. One study recently determined that the number of digital banking users is expected to exceed 3.6 The Cloud and its Role in Banking Transformations. Starting at the Core.

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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.

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PYMNTS

APRIL 28, 2020

These shifts have made digital banking and debit transactions more important than ever. Pandemic Puts Digital Banking in the Spotlight. Consumers complying with stay-at-home orders are turning to digital banking services to help them manage their finances while avoiding public spaces like bank branches.

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Chris Skinner

OCTOBER 15, 2018

NCR had several major industries they served: retailers, airlines, telcos and banks. The common thread across all of these industries was high frequency customer contact, and the challenge for all … The post It’s all about the data appeared first on Chris Skinner's blog.

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Data Industry Retail Digital Banking 294

Bank Innovation

APRIL 4, 2018

EXCLUSIVE— Artificial intelligence can produce the necessary insights banks need to provide the best experiences to their customers, but these insights depend, at the start, on what type of data the software is analyzing.

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Data Software Digital Banking Analytics 236

Chris Skinner

NOVEMBER 23, 2017

We have to realize that no one is going to destruct or even possibly disrupt banks. It has not happened in my lifetime of working with technology in banks, and I don’t think it … The post Data is the new currency appeared first on Chris Skinner's blog.

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Data Technology Digital Banking Fintech 288

Perficient

DECEMBER 2, 2020

“Having a Balance With a Bank Doesn’t Make You a Customer.”. Our financial services team recently spoke with the great Jim Marous, the co-publisher of The Financial Brand and the publisher of the Digital Banking Report. If they can get a good handle on their data, fantastic things can happen.

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PYMNTS

AUGUST 4, 2020

The writing has been on the wall: PYMNTS research has found that though most people are satisfied with their in-place relationships with banks, only about 40 percent of people would be “extremely” or “very” likely to bring their banking relationships to Big Tech or FinTechs.

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PYMNTS

JULY 1, 2020

However, CO-OP’s overall data from its network of 30,000 ATMs didn’t show a lot of people loading up on cash. A Data-Driven Future. One thing CUs have lots of is data – even if they don’t always know how to gather, organize or leverage it, Calcanes said. Adapting to Changing Consumer Needs.

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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 Knowing the Customer.

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Abrigo

FEBRUARY 26, 2025

Community banks have a unique opportunity to strengthen their deposit base by embracing digital transformation, optimizing customer engagement, and enhancing their product offerings. Data-driven personalization , using customer insights to offer relevant financial products at the right time. Grow your portfolio.

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PYMNTS

FEBRUARY 13, 2020

As large banks and FinTechs worldwide wrestle over data-sharing, JPMorgan Chase & Co has reportedly set a mid-summer deadline for FinTechs to ink new data access agreements. FinTech firms will be prevented from accessing client data by July 30, except if they ink the deals, Reuters reported Thursday (Feb.

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PYMNTS

OCTOBER 21, 2020

The pandemic has shifted priorities in regulatory policy tied to the financial services industry — and for Europe, it is heralding the emergence of a data-driven economy. The trends toward modernizing the banking system were only accelerated by lockdowns and shutdowns of brick-and-mortar locations. “If Ready for Digital Currencies? .

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PYMNTS

NOVEMBER 24, 2020

“Generationally, we’re seeing individuals who maybe weren’t accessing their card accounts or their banking accounts on a regular basis through digital,” he said. In other words, people who had been looking at account data online occasionally or making payments by check are now gravitating toward more self-service options.

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Digital Banking Analytics Mobile Cards 267

PYMNTS

DECEMBER 18, 2020

A month after its purchase by Mastercard was cleared by the Department of Justice (DOJ), open banking platform Finicity announced on Friday (Dec. 18) that it has signed a data access agreement with Brex , a company that provides financial services that help scale early-stage businesses.

Data 242

Data Leadership Innovation Fintech 242

Chris Skinner

JUNE 15, 2017

I was invited to talk to some City folks about using data analytics for trading. Twenty years ago, we were taking Data Warehouses for enterprises. These were incredibly expensive systems that were designed to trawl through terabytes of data. Most of the data ever created in this world has been created in the last year.

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PYMNTS

FEBRUARY 21, 2020

Data breaches: MGM has admitted to a 2019 hack , where 10.6 million guests’ data was compromised. Commercial contactless cards: These continue to gain traction, as evidenced by a report from HSBC, which shows that in the U.K., the value of contactless commercial card payments (both debit and credit) jumped 24 percent in 2019.

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Gonzobanker

JUNE 20, 2024

With the latest scandal entangling fintech middleman Synapse and its partner banks, it wouldn’t be surprising for more bankers to embrace “boring” over “daring,” with executives fearing what could go wrong with banking-as-a-service partnerships or, more broadly, with their fintech pairings. Some digital banks in the U.K.,

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Bank Innovation

APRIL 9, 2018

EXCLUSIVE – Interested in the latest trends in payments, digital banking, blockchain technology, API, security, big data and all the other hot topics in the fintech space? Come join Bank Innovation’s Telegram Group.

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Innovation Big Data blockchain Trends 360

Chris Skinner

DECEMBER 9, 2019

A further discussion about data and the key issue of who should have access. During a recent lunch, we talked about how Chinese citizens allow the government to see all of their digital footprint via Tencent and Alibaba, but they do this for a number of reasons. The advantage of … The post Do users care about their data?

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Data Digital Banking 231

PYMNTS

NOVEMBER 17, 2020

Lumin Digital announced today (Nov. 17) that it will provide Los Angeles Federal Credit Union (LAFCU) with its cloud-based online and mobile digital banking platform, according to a press release emailed to PYMNTS.

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Los Angeles Digital Banking Analytics Mobile 192

PYMNTS

JANUARY 19, 2021

But as GeoGuard CEO David Briggs and People’s United Bank VP of Financial Crimes and Fraud Intelligence Karen Boyer told Karen Webster, realizing the full benefits of using geolocation will take a bit of education – for consumers, yes, but also for banks. Not all data are created equal, of course. Sifting Through Complexity .

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Data Fraud Los Angeles Compliance 227

PYMNTS

OCTOBER 1, 2020

In a milestone on its path to create application programming interface (API)-based data exchange deals with third parties, Wells Fargo has inked a deal with financial information aggregation and analytics platform Envestnet | Yodlee , according to an announcement. Wells Fargo & Envestnet.

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PYMNTS

JULY 8, 2019

The system has always had its flaws, noted Alain Meier, CEO of Cognito – but in a pre-digital banking world where onboarding was a multi-day process, it wasn’t completely out of step with modern practices. The entire world has gone digital – particularly when it comes to commerce and financial services.

Compliance 202

Compliance Data System Fintech 202

Chris Skinner

JUNE 5, 2018

I guess it was typified with the comment that the CEO of TransferWise announced how happy they are to … The post #Money2020Europe Day Two: Don’t mess with my data appeared first on Chris Skinner's blog. Throughout the day, the themes of the first day kept bubbling over.

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Data Meeting Digital Banking Innovation 232

Perficient

OCTOBER 19, 2020

Digital Banking : Demand for digital banking has accelerated over the last 6+ months and should be a top priority for financial institutions. COVID-19 has changed both customer behavior and expectations, leaving them no choice but to use digital and contactless for their financial interactions.

Video 520

Video Security Tools Strategy 520

PYMNTS

JANUARY 18, 2021

With more digital banking options emerging on the U.S. market, FinTechs are turning their attention to the business community, whose demands for a better banking experience are growing louder. Marrying AP With Banking. The bank is the single database for a business," said Wheldon. The New ERP?

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Digital Banking Data Fintech User Experience 165

Chris Skinner

JUNE 10, 2018

Vestager, 50 and … The post America versus Europe and the fight for truth in data appeared first on Chris Skinner's blog. This is illustrated well by the recent New York Times feature on Margrethe Vestager, Europe’s competition commissioner.

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Bank Innovation

OCTOBER 11, 2019

As customers navigate through TD Canada Trust’s digital banking platform, the bank is looking to data analytics tools to make customer experiences more relevant. Based on […].

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Customer Experience Analytics Digital Banking Tools 236

Bank Innovation

MARCH 1, 2018

According to Malauzai Software, that’s the term used for vendors that “scrape” digital banking apps on the internet to gather data and then provide that data to fintechs. Scrapegators, what’s that? In other words, they are aggregators.

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Fintech Software Digital Banking Data 276

PYMNTS

APRIL 24, 2020

The cloud can also help financial players more readily collect and use customer data, allowing for even greater personalization. “We The introduction of innovative infrastructures and features will keep entities competitive as digital banking becomes broader and more complex.

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Digital Banking Cards Tools Examples 207

Bank Innovation

FEBRUARY 28, 2020

TD Bank’s digital strategy is showing results. The bank said it’s investing heavily in digital channels, making it the largest digital bank in Canada. TD noted that, according to App Annie data, the bank is ranked No. The bank saw a net […].

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Digital Strategies Strategy Digital Banking Retail 293

PYMNTS

MARCH 2, 2020

Big Tech, FinTech and neo-banks are increasingly there to lap up the opportunities innovation is presenting to offer an alternative path to financial services. And according to the data — consumers are increasingly warming up to the idea of taking them up on that offer. According to PYMNTS data, 62.8 percent of IT-enabled banks.

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Innovation Data System Mobile 222

PYMNTS

APRIL 24, 2020

COVID-19 has closed bank and credit union (CU) branches across the United States, sending the demand for digital banking solutions soaring as consumers hop online to manage their finances from home. However, CUs are not the only financial institutions (FIs) looking to offer digital banking innovations to their members.

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Data Innovation Digital Banking Meeting 187

PYMNTS

MAY 1, 2020

have passed laws or implemented programs over the past two years to put more focus on digital banking and data security, fundamentally changing how online transactions work. This also makes data security critical, though, because banks must protect growing volumes of personal information. and the U.S.

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Innovation Regulation Digital Banking Security 245