PYMNTS

MARCH 2, 2020

It’s really difficult, the banking ecosystem is not fast and that’s just reality,” Jim McCarthy, industry expert and former innovation head for Visa, told Karen Webster in a recent conversation. The Headwinds Creating The Innovations Gap . According to the latest edition of the Innovation Readiness report, only 22.3

Innovation 222

Innovation Data System Mobile 222

PYMNTS

SEPTEMBER 11, 2019

Tech innovation is on the move in the country, with increased attention from Big Tech companies like Google and digital startups like Chipper Cash , a no-fee, cross-border payment company that launched there earlier this month.

Digital Banking 181

Digital Banking Fintech Google Software 181

PYMNTS

SEPTEMBER 23, 2020

In today’s top news, the DOJ’s antitrust case against Google will focus on its power over internet searches, and GoodRx priced its stock at $33 a share, above its target. DOJ Antitrust Case Against Google to Focus on Search. The funds can help businesses meet surging customer demand and spur innovation.

Google 187

Google Guidelines Fraud Video 187

PYMNTS

MARCH 26, 2020

But the FinTechs, Baird noted, are adapting and innovating around that issue. Now, the challenge (and opportunity) for banks is to take what they’ve already built in terms of both physical infrastructure and consumer relationships and expand upon the things consumers say they need in a financial services provider.

Innovation 241

Innovation Fintech Data Examples 241

Bank Innovation

OCTOBER 10, 2019

On the heels of an international expansion push, digital bank OakNorth‘s platform-as-a-service business has named a new CEO. Sunil Chandra, who was appointed this week, most recently served as vice president responsible for global talent acquisition at Google.

Google 150

Google Digital Banking Company Innovation Strategies 150

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. Google Dives Into DDAs. The branding will reflect the financial institutions and not Google. Deutsche Bank Admits Widespread Payment Failures To BoE.

Google 139

Google Payments Apple cryptocurrency 139

PYMNTS

FEBRUARY 4, 2019

Microsoft was significantly behind that, with 5,903 patents, but that’s still good enough for the global major leagues when it comes to AI research and innovation. Google parent “Alphabet and Verizon also show a strong patenting activity in this field, along with Toshiba and Alibaba (all of the patents being mainly for e-commerce purposes).”.

Innovation 194

Innovation Study Fraud Technology 194

PYMNTS

JULY 27, 2020

economy could take two years to recover, and Google faces a lawsuit in Australia over its use of personal data. Google Faces Lawsuit In Australia Over Use Of Personal Data. In today’s top news, economists say the U.S. Plus, Wells Fargo will be cutting costs in response to the financial crisis. As lockdowns resume in many U.S.

Google 148

Google Maine Payments Innovation 148

PYMNTS

JULY 22, 2020

In the July Digital-First Banking Tracker® , PYMNTS explores the latest in the world of digital-first banking, including the long-lasting effects brought on by the pandemic, the shifting attitudes surrounding ATM use, and how the digital banking development field is reaping dividends from the financial industry’s sea change.

ATM 225

ATM Digital Banking Alabama Study 225

PYMNTS

MARCH 2, 2016

Google’s Australia and New Zealand managing director, Maile Carnegie, was poached by ANZ Banking Group to act in its newly created group executive digital banking role starting in July, Reuters reported Tuesday (March 1).

Google 100

Google Massachusetts Groups Leadership 100

Bank Innovation

NOVEMBER 30, 2018

Singapore-based DBS Bank wants to be an invisible agent of change in the realm of digital banking. Over the course of a decade of transformation, it has received awards and recognition worldwide for its digital banking services and innovation efforts.

Digital Banking 170

Digital Banking Course Innovation Operations 170

Chris Skinner

JUNE 7, 2017

Someone made an interesting comment about Google this week: banks can attack Google’s soft underbelly. And banks can attack it? The question is whether banks have the gumption to actually think about doing it. interesting that I found that article via Google. Soft underbelly? You must be joking.

Data 251

Data Google Survey US 251

PYMNTS

FEBRUARY 7, 2020

Business Advantage 360 can now integrate data from QuickBooks Online, RUN Powered by ADP, Google Analytics and G Suite by Google Cloud. In separate news, OneWest Bank , CIT’s Southern California branch network, unveiled a new mobile app to help small businesses meet their financial goals.

America 160

America Google Analytics California 160

PYMNTS

APRIL 21, 2020

The rise of open banking (and account aggregation) has shaped the conventional wisdom that banking will pivot toward innovation and service-oriented offerings. To get there, said Verdon, firms need a streamlined way to conceptualize, innovate, test and create new banking products.

Branding 232

Branding Innovation Fintech Regional 232

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

Cards 217

Cards Tools Mobile Google 217

Bank Innovation

FEBRUARY 11, 2019

Cambr, a cloud-based platform powered by investment firm StoneCastle and digital banking software provider Q2 Holdings, is helping neo-banks and fintechs launch and scale up through a network of 850 community banks.

Community Bank 170

Community Bank Software Community Innovation 170

PYMNTS

NOVEMBER 16, 2020

But do we have a competitive advantage in digital. As reported over the summer, BBVA has been working with Google to offer consumers a digital bank account through Google Pay. The offering will be built on BBVA infrastructure and will be powered by Google Pay. That is a critical question in our view.”.

Google 189

Google Course Strategy Innovation 189

PYMNTS

DECEMBER 13, 2019

These challenger banks are now competing with an emerging group of financial startups, which are coming armed with innovative technologies and specialized products of their own. Both legacy banks and established challengers must, therefore, revamp their approaches to keep up. Around The Digital Banking World.

Strategy 132

Strategy US Digital Banking Security 132

PYMNTS

MARCH 13, 2017

The March Digital Banking Tracker™ highlights the ways several banks are investing in technology and innovation to bring consumers more efficient banking solutions. . News from the World of Digital Banking. consumers to transfer money, check balances or send funds to a contact. About the Tracker.

Report 149

Report Digital Banking Millennials Tools 149

PYMNTS

APRIL 24, 2020

The investment also sees Malaysia-based V Capital establishing a strategic partnership with the bank to help it expand throughout Southeast Asia as it seeks its own Digital Bank License in Malaysia. Cross River Bank aims to connect FinTechs and corporates like Amazon and Google with digital banking, lending and deposit services.

Fintech 193

Fintech Capital Security Digital Banking 193

Bank Innovation

JANUARY 10, 2019

Banks, credit unions and other financial institutions have tech giants like Apple, Amazon and Google to thank for the rise in customers demanding a combination of speed, simplicity and convenience that can seem elusive in the industry.

Apple 210

Apple Google Industry Customer Experience 210

Accenture: Banking

NOVEMBER 27, 2017

Connecting more than 8,000 decision makers and thought leaders across the industry, Sibos 2017 in Toronto was once again the platform where the global financial community explored the disruptions and opportunities in payments driven by innovation, technology and new business models.

Innovation 174

Innovation Conference Fintech blockchain 174

PYMNTS

OCTOBER 31, 2019

Credit unions (CUs) have followed banks’ digital banking lead, churning out platforms, services and mobile apps for consumers to use speedy, convenient online services. CU executives have cited several reasons for their lack of AI or machine learning innovation, including costs, data quality questions and security concerns.

Innovation 101

Innovation Survey Lending Technology 101

PYMNTS

FEBRUARY 4, 2019

The app, which was released in May, is available in Apple’s App Store and on Google Play. Shoppers scan their selections as digital coupons are automatically applied, and can pay by scanning a quick response (QR) code at a dedicated checkout tablet at the front of the store.

Innovation 126

Innovation Retail Mobile Massachusetts 126

PYMNTS

SEPTEMBER 24, 2020

Companies are reexamining how they can use cloud technologies to comply with changing security standards as digital banking volumes expand. The following Deep Dive analyzes how the ongoing pandemic has affected emerging security standards and what these changes mean for the future use of cloud-native core banking infrastructure.

Compliance 151

Compliance Fraud Regulation Security 151

PYMNTS

JULY 17, 2019

More than 50 of the world’s largest companies have already started using a new service that enhances payment flows, allowing a single view of transactions across multi-banked corporates. The service allows a single, centralized view across all banking partners in real-time, facilitating accurate reconciliation.

America 189

America Google System Payments 189

PYMNTS

MAY 12, 2020

percent of national banks, versus 77.5 percent of local and regional banks, according to respondents. Overall, national banks offer 6.9 separate app features on average, while digital banks offer seven and local and regional offer 6.6. Another popular feature — reporting cards lost or stolen — is offered by 86.2

Regional 241

Regional National Cards Mobile 241

PYMNTS

JULY 1, 2020

Despite the surge in mobile payments and online banking , no one is predicting the disappearance of traditional banks and their brick-and-mortar branches. . consumers who have at least one credit or debit card and mobile device revealed that 24 percent would be “very” or “extremely” likely to switch to the new generation of banking.

Survey 183

Survey Cards Millennials ATM 183

PYMNTS

JULY 28, 2020

The company launched in October 2018 and is now used by more than 250,000 consumers in the country, relying on Google Cloud Platform to host and run its online and mobile features. “I I see a lot of other companies — other banks, actually — go, ‘Up is using [the cloud]. Tapping The Cloud For A Swift Innovation Cycle .

Technology 140

Technology Innovation ATM Security 140

PYMNTS

FEBRUARY 25, 2020

Banks and legacy financial institutions (FIs) might be wise to study what disruptive technologies recently did to the print publishing industry, taxi cabs, network TV, and a host of other businesses that were disintermediated with little to no warning in recent years.

Mobile 153

Mobile Cards social media Survey 153

Accenture: Banking

SEPTEMBER 22, 2019

But there’s another reason why the neo-challengers are so front-of-mind: They’re industry leaders in cultivating technology innovation and optimising customer service and experience. They also deliver innovative, easy-to-use apps that help users with things like managing their daily budget or travelling abroad. Customer growth.

Innovation 150

Innovation Metro Apple Marketing 150

Insights on Business

DECEMBER 10, 2017

Consumers have been conditioned by Google and Apple to see that banking services can be much more accessible and convenient from a mobile device. Banks, on the other hand, in addition to understanding complex regulations and having greater access to capital, know their customers and have their trust. Banks are also innovators.

Fintech 115

Fintech social media Apple Google 115

PYMNTS

MARCH 9, 2020

It’s also an interesting insight for digital-only banks that somewhat proudly eschew physical for digital, traditional banks that have physical branch footprints and ATM providers interested in complementing the traditional banking services experience.

How To 232

How To Millennials ATM Fintech 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. How Banks Can Beat Big Tech.

UX 165

UX Cards Google User Experience 165

PYMNTS

JANUARY 14, 2021

In Pakistan, for firms seeking to spur that adoption and to foster financial inclusion, it’s important to have a “cash in, cash out” mindset, as Erwan Gelebart, CEO of digital wallet, mobile payments and digital banking provider JazzCash , told Karen Webster in an interview. Apps — And Agents, Too .

Mobile 234

Mobile Payments Course Data 234

PYMNTS

SEPTEMBER 25, 2019

There is no Pan-African digital bank,” Hainy said. “So The idea, as Hainy explained to Webster, was to use that lending as a way to get consumers on board with the company’s upcoming and broader banking options. Unlike other FinTech startups, Kuda was granted a banking license from the Nigerian Central Bank.

How To 130

How To Lending Examples Digital Banking 130

PYMNTS

NOVEMBER 28, 2018

He pointed to how users talk to Siri or Google Assistant on their mobile devices. ” The executive noted that customers are “very satisfied” with the use of robots to meet their banking needs.

Conference 144

Conference Groups Analysis Google 144