PYMNTS

SEPTEMBER 29, 2020

CUs’ prepandemic innovation agendas reflected an overall rosy outlook on innovating card-issuing credit products. The CU used the insights it gleaned from the program to inform its credit innovation strategy and assess which products members wanted most.

San Diego 141

San Diego Innovation Cards California 141

PYMNTS

AUGUST 17, 2017

But, while closing physical bank branches might appear to be a wise cost-saving measure, the move comes with risks that could hurt banks’ relations with new millennial customers. Results also noted this generation is less likely to open a bank account if physical bank locations are not available in their communities.

Millennials 132

Millennials Digital Banking San Francisco Fintech 132

PYMNTS

AUGUST 22, 2019

Jamie Warder, head of digital banking for KeyBank , noted that challenger banks’ newfound popularity may be forcing legacy institutions to innovate, granting them more opportunities to better engage and serve customers. Legacy Banks and the Innovation Game. Legacy Banks and the Digital Banking Shift.

Innovation 109

Innovation Digital Banking Fintech US 109

PYMNTS

APRIL 2, 2020

Credit unions must discover where and how their members want to transact and then ensure their in-house growth and innovation strategies match up with those preferences. One significant benefit has been that the CU can now expand its online capabilities and innovate more quickly.

United States 174

United States Security Innovation Mobile 174

PYMNTS

JUNE 1, 2020

That is why it is critical for FIs to build out networks that can handle an increased amount of transactions or swiftly analyze large reams of data, according to Ali Niknam , CEO and founder of European digital bank Bunq. Complex Banking Requires Simple Networks.

Innovation 132

Innovation Strategy Innovation Strategies Security 132

BankInovation

JUNE 23, 2020

As consumers are flocking to digital banking channels during the COVID-19 pandemic, banks are rethinking how they handle customer interactions. For Citibank, this has meant tweaking its mobile app to help customers easily self-serve.

Digital Banking 98

Digital Banking Mobile Customer Experience Innovation Strategies 98

Banking 2020

MAY 12, 2015

The only way to gain first-hand experience is to get out there, whether in training for triathlons or initiating a change management project. José Resendiz serves as vice president of product design, development, and management as well as Chief Innovation Officer for Digital Insight , an NCR company. It paid off for me.

Innovation 40

Innovation Digital Banking Survey Exercises 40

BankInovation

MAY 5, 2020

The Berlin-based digital banking startup announced a $100 million extension of its Series D today, adding to an initial $300 million Series D in January 2019, and a $170 million extension in July. N26’s Series D funding round refuses to end. N26 has raised almost $800 million since its 2013 founding and has a valuation of […].

Digital Banking 69

Digital Banking Customer Experience Innovation Strategies Apple 69

BankInovation

JULY 28, 2020

Digital banking is going green to win over environmentally conscious consumers. “In

Innovation 64

Innovation Digital Banking Marketing Customer Experience 64

Bank Innovation

OCTOBER 9, 2019

For Northwestern Mutual, digitization imperatives have forced it to think more like a tech company. In particular, the path to developing more online tools included the acquisition of digital financial planning company LearnVest in 2015 for $250 million. It’s achieved this by way of internal reorganization and acquisition.

Tools 150

Tools Online Company Customer Experience 150

The Financial Brand

AUGUST 18, 2020

Success will hinge on digital innovation to meet new competition, personalized service, redefining risk and managing a remote workforce. The post Five ‘New Normal’ Imperatives for Retail Banking After COVID-19 appeared first on The Financial Brand.

Retail 43

Retail Meeting Innovation Branding 43

The Financial Brand

NOVEMBER 3, 2020

Deloitte predicts that AI will drive evolution of advanced tech into a commodity and place renewed emphasis on marketing and management. The post AI’s Real Impact on Banking: The Critical Importance of Human Skills appeared first on The Financial Brand.

Branding 43

Branding Management Marketing Innovation Strategies 43

The Financial Brand

JUNE 15, 2017

As one of the fastest growing fintech challenger banks, SoFi is expanding into wealth management and deposit services.

Fintech 28

Fintech Management Customer Experience Innovation Strategies 28

The Financial Brand

JANUARY 24, 2022

The post New Competition Forcing Smaller Banks to Try (Almost) Anything appeared first on The Financial Brand - Banking Trends, Analysis & Insights. A big surprise is the willingness to offer crypto services. But the unwillingness to reconsider branch dependency could be a millstone.

Banking Trends 29

Banking Trends Analysis Trends Branding 29

BankInovation

AUGUST 10, 2020

geographic perspective, Chief Digital Officer Brett Pitts told Bank Innovation. financial institutions to launch digital bank accounts in 2021 that can be managed through Google Pay. […]. BMO Financial Group is betting on its partnership with Google to be a “growth engine” for the company from a U.S.

Google 59

Google Innovation Digital Banking Groups 59

William Mills

SEPTEMBER 7, 2016

Data and Analytics are a profit center rather than something that just needs to be managed. Demo: A Wealth Management Company (ACME)– GoodData can embed analytics directly in ACME’s dashboard. Both money management and helping consumers to save (and have access to emergency funds) is vital to our economy. I am here for it.

Mobile 40

Mobile Cards Fraud Data 40

CB Insights

MAY 15, 2019

DBS Bank — DBS Asia X (DAX). Key people: Annie Ye, Head of DAX, Senior Vice President, DBS Innovation Group; Neal Cross, Managing Director & Chief Innovation Officer. DBS leaders expect to see more than 5,000 people actively innovating DBS’ services and operations at DAX each year. Founded: 2016. Founded: 2015.

Innovation 78

Innovation blockchain Technology Groups 78