PYMNTS

MARCH 6, 2018

Citigroup is gearing up to launch a digital consumer bank that will be national in scope and will arrive within the next three years. The CFO said the bank won’t start marketing a national digital bank until it can provide services via mobile phones and computers for customers, who have increasingly gone digital.

National 135

National Digital Banking Conference Texas 135

Perficient

MAY 26, 2021

In the session “Differentiating Your Brand for the Digital Era,” Scott will discuss how financial services companies can leverage digital technologies in new and innovative ways to create new value for consumers and businesses. Jamie Warder, EVP & Head of Digital Banking, KeyBank.

Fintech 462

Fintech North Carolina Charlotte Conference 462

PYMNTS

DECEMBER 9, 2020

What makes the current developments so interesting and exciting is that “we're just seeing that they're at the end of the innovation growth cycle,” he explained. All of these new FinTechs and digital innovators are changing the landscape as the role of payments rapidly shifts in the broader financial services arena.

Innovation 306

Innovation Fintech Payments Regulation 306

Bank Innovation

JUNE 6, 2019

JPMorgan Chase's millennial-friendly digital banking app Finn is shutting down, just one year after it rolled out nationally. The […].

Digital Banking 199

Digital Banking Millennials National Security 199

PYMNTS

JULY 24, 2020

It’s a model based on the concept of collaboration and cooperation, two ideals that have become instrumental in the financial services arena’s payments innovation efforts. ” That global reach also had the CU prioritizing global payments innovation from the get-go. As the U.S.

Innovation 201

Innovation Payments Leadership National 201

PYMNTS

OCTOBER 22, 2020

Pat Kelly , chief digital officer of First Horizon Bank, said it was important to provide clients with "a fast, easy and intuitive digital banking experience," for which NCR fit the profile. Plus, leveraging the cloud to deploy digital banking has allowed us to introduce updates more often and innovate faster.

Digital Banking 183

Digital Banking Tennessee National Payments 183

PYMNTS

JULY 31, 2020

the San Francisco-based online bank, had the last laugh. On Friday (July 31), the Office of the Comptroller of the Currency (OCC) announced Varo Bank has been granted its full-service national bank charter. Varo is the first consumer FinTech to receive a new national bank charter from the U.S.

National 172

National Fintech San Francisco Connecticut 172

Bank Innovation

JULY 18, 2018

Digital banks may be sprouting up all over the banking world, but don’t look for one from U.S. On this morning’s earnings call, CEO Andy Cecere noted the bank was looking to expand beyond its current 25-state branch footprint, which covers the Midwest and the western U.S.

Digital Banking 186

Digital Banking National Operations US 186

Gonzobanker

JUNE 20, 2024

Data from Cornerstone Advisors’ annual What’s Going On In Banking report showed that fewer financial institutions are considering pursuing a BaaS strategy — and that was ahead of the Synapse drama. Yet, the bank innovation labs of yesteryear replete with segways didn’t go undetected. There have been some great innovations.

Digital Banking 172

Digital Banking Fintech Innovation Strategy 172

Bank Innovation

DECEMBER 4, 2019

Koho, a Toronto-based digital banking startup, is on track to expand its product suite to include credit and savings products in 2020, CEO Daniel Eberhard told Bank Innovation on Wednesday. In late November, the […].

Tools 332

Tools Digital Banking Innovation Cards 332

Chris Skinner

JULY 22, 2020

I’ve seen a few big deals signed this month to get banks onto the cloud, such as National Australia Bank (NAB) switching to Microsoft’s Azure, and Deutsche Bank moving to the Google Cloud. appeared first on Chris Skinner's blog.

Google 488

Google National Digital Banking Innovation 488

PYMNTS

APRIL 19, 2017

One of the company’s avatars is called Rachel, which is being prototyped by IBM and can add a human touch to its interaction with banking customers by reading their emotions while relaying basic information, such as account balances, or more aggravating account activity, such as overdraft fees. About the Tracker.

Digital Banking 180

Digital Banking Technology Meeting Samsung 180

Bank Innovation

MAY 30, 2018

Citigroup has a digital-heavy, branch-light business approach that extends beyond its National Digital Bank platform (announced in March and currently in testing phase), according to Stephen Bird, CEO of Citi’s Global Consumer Banking.

Strategy 249

Strategy National Digital Banking America 249

PYMNTS

SEPTEMBER 24, 2019

The Bank of Israel is green lighting a new digital bank — the country’s first new financial institution in decades. The digital bank is led by entrepreneurs Marius Nacht of cyber security company Check Point Software Technologies , and Amnon Shashua of autonomous driving developer Mobileye NV.

Digital Banking 109

Digital Banking NV Cyber Security Innovation 109

Bank Innovation

JULY 27, 2018

You might not expect the nation’s leading mobile bank, with north of 31 million users, to be in a hurry to build a digital bank under a new brand, but that’s just what JPMorgan Chase did last October with Finn.

Fintech 170

Fintech National Innovation Digital Banking 170

PYMNTS

DECEMBER 27, 2019

Early innovators managed cooperatives using the same founding principle that CUs use today: members-first finance in place of indifferent, legacy-style banking. There is a sense, however, that CUs themselves bear responsibility for falling behind the digital banking trends that first took hold with consumers.

Digital Banking 130

Digital Banking Millennials Banking Trends Mobile 130

PYMNTS

JULY 15, 2019

Of all the banking institutions releasing Q2 earnings this week, watch for JPMorgan, whose strong performance can be credited to a growing millennial customer base and continued digital innovation. Digital innovation enhanced the company’s Q1 earnings performance, which surpassed analyst’s predictions.

Innovation 139

Innovation Millennials Conference cryptocurrency 139

Bank Innovation

FEBRUARY 19, 2020

Level, a digital banking startup based in San Francisco Calif., The company, which launched its products nationally Wednesday, is coming into the market as fintech startups like Wealthfront, Betterment and Varo are touting high-yield savings accounts to vie for market share. is trying to hook customers with a 2.1%

San Francisco 259

San Francisco National Digital Banking Fintech 259

PYMNTS

MAY 12, 2020

consumers, seeks to better understand how spending and banking preferences are changing in the digital age. In the Playbook, we examine how the different bank types — local and regional, national and digital — are responding to these trends, in particular the demand for highly functional mobile card apps.

Regional 241

Regional National Cards Mobile 241

PYMNTS

JUNE 26, 2020

This is because many legacy FIs in particular are still reliant upon legacy infrastructure, which is simply not designed to handle the sheer volume of data generated in today’s digital banking sphere. The FI officially opened the digital platform to U.S. How N26 Is Using Cloud Core Banking for Nimble Mobile Innovation.

Meeting 227

Meeting Mobile Digital Banking Tools 227

South State Correspondent

JULY 24, 2024

” This banker may even be thinking of starting a completely new digital bank using a high-yield account as its flagship product. Your banker smartly cross-sells them a savings account and pays them the current national average of 59 basis points. The logic that “rate sells itself” is true.

South Carolina 417

South Carolina Marketing Capital Idaho 417

Bank Innovation

SEPTEMBER 5, 2018

The digital banking service Varo Money announced last night it had received preliminary approval for a national banking charter from the Office of the Comptroller of the Currency, a division of the U.S. As Bank Innovation previously reported, Varo raised $45 million for this purpose in January.

National 150

National Digital Banking Innovation Report 150

PYMNTS

APRIL 10, 2019

As consumers flock to banking apps, succeeding in the world of digital banking is not as easy as it used to be when mobile apps emerged a decade ago. Around the Digital Banking World. China isn’t the only nation where consumers have their pick of banking options, though. About the Tracker.

Mobile 185

Mobile Digital Banking social media Strategy 185

PYMNTS

SEPTEMBER 24, 2020

The ongoing COVID-19 pandemic and its associated social distancing and stay-at-home orders have pushed untold services online for easier consumer access, with banking serving as a prime example. We’ll see more and more [of this] action as digital [banking] progresses.”. Fraud Threats To Digital Banking.

Video 205

Video Fraud Digital Banking System 205

CFPB Monitor

JUNE 25, 2020

The OCC has issued an Advance Notice of Proposed Rulemaking (ANPR) seeking comments in connection with a comprehensive review of its regulations on electronic activities of national banks ( 12 CFR part 7, subpart E ) and federal savings associations ( 12 CFR part 155 ). Comments on the ANPR must be received by August 3, 2020.

National 103

National Regulation Innovation Technology 103

PYMNTS

OCTOBER 14, 2019

Between $800 billion and $2 trillion USD is laundered each year, according to the United Nations Office on Drugs and Crime, and fraudsters undoubtedly hope to raise those amounts. If a bank flags transactions over a certain limit, for example, a bad actor can easily avoid making transactions that surpass it. financial regulations work.

Strategy 109

Strategy Innovation Fraud Regulation 109

PYMNTS

FEBRUARY 21, 2018

In the February edition of the Digital Banking Tracker , a Feedzai Collaboration, PYMNTS explores the latest developments surrounding AI and machine learning in the financial services space. Around the Digital Banking world. TO DOWNLOAD THE FEBRUARY EDITION OF THE DIGITAL BANKING TRACKER , FILL OUT THE FORM BELOW. .

Digital Banking 163

Digital Banking Fintech Software Operations 163

PYMNTS

SEPTEMBER 28, 2020

This week's look at the latest in bank-FinTech collaboration and open banking initiatives finds treasury management in the spotlight. Plus, a new challenger bank in Italy has plans for the nation's largest open banking platform. HighRadius & Commerce Bank. Illimity & HYPE.

Fintech 204

Fintech Tools Groups Management 204

Alex Jimenez

APRIL 7, 2024

Some reported that they were de-prioritizing digital transformation in favor of cost-cutting. One executive told me that while he still supported innovation, it would have to wait. Pausing Innovation This was on my mind when reading this article about Nike’s innovation woes.

Innovation 87

Innovation Management Strategy America 87

PYMNTS

OCTOBER 21, 2020

In an interview with Karen Webster, the European Banking Federation’s ( EBF ) Alexandra Maniati , Director of Cybersecurity & Innovation, said the European banking industry is, increasingly, embracing the cloud to pivot to new financial services and products across the Continent.

Data 317

Data Regulation National Examples 317

BankInovation

MAY 21, 2020

Miami-based Pacific National Bank is using a stand-alone digital brand called Facile to reach younger customers and position itself for long-term success. It’s aimed at giving the bank a peak into what we think banking is going to look like.

Miami 98

Miami Digital Banking National Branding 98

PYMNTS

MARCH 9, 2020

But given the rise of neobanks — FinTechs that are using banking services as the foundation for new ecosystems and Big Tech, which is exploring ways to extend their reach into banking and financial services — we thought we’d go back to first principles and ask consumers that simple question in relation to their primary banking relationship.

How To 232

How To Millennials ATM Fintech 232

Accenture: Banking

OCTOBER 24, 2016

We’ve partnered with Lloyds Bank on its UK Business Digital Index (BDI) for the last three years. It’s a fascinating project, tracking the digital maturity of SMEs and charities year-on-year across the country. We all know large companies are embracing. Read more.

National 150

National Company Banking Trends Trends 150

PYMNTS

SEPTEMBER 21, 2020

At Purdue Federal, we live out the credit union philosophy of ‘people helping people,’ and in order to help our members, providing innovative payments capabilities is vital,” Purdue Federal President and CEO Bob Falk said in the announcement. Payrailz is focused on digital payments and works with CUs and banks across the nation.

Payments 159

Payments Indiana Innovation Meeting 159

PYMNTS

OCTOBER 8, 2020

The deals sometimes concerned big players, including “some of the largest and most innovative companies in the world (e.g. one of the biggest payments processors in the world, one of the top 3 banks in Brazil, one of the big four banks in Australia, the largest national card processor in Europe, and several others),” according to the release.

Report 247

Report Fraud Risk Management America 247

PYMNTS

DECEMBER 17, 2019

Payments technology company VoPay announced a partnership with Hydrogen, based in New York, in a move that sees Hydrogen providing FinTech firms with access to VoPay’s digital bank payment capabilities via Hydrogen’s API. The companies plan to expand their integration for additional functionality moving forward.

Metro 136

Metro Regional Fintech National 136

PYMNTS

OCTOBER 1, 2020

Italian PayTech firm Nexi has inked a partnership with FinTech Ebury , which offers international transaction banking services to companies, according to an announcement. Ebury, which was started in 2009 and has offices in more than 20 nations, becomes a part of Nexi Open with the deal. “The Ebury & Nexi.

Fintech 228

Fintech Data Risk Management Management 228