PYMNTS

NOVEMBER 17, 2020

This week's look at the most recent initiatives in partnerships and open banking reveals a focus on SMB lending and finance, while Banking-as-a-Service (BaaS) also gains traction to allow non-banks to offer their own banking services to corporate customers. Allied Irish Bank Embraces LendScape Receivables Finance.

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Fintech Lending Alabama Software 247

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

MARCH 20, 2020

But analysts said the move represents an attempt to compete with a number of new online challenger banks that will appear in the region later in the year. Through this digital financing solution, more merchants can easily obtain rapid loans,” Zhao Wei, general manager of Cainiao Network Supply Chain Finance, told the news outlet.

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Big Data Operations Lending Regional 203

PYMNTS

JULY 7, 2020

For more community banks, the latter strategy can fast-track digitization initiatives. This week’s look at the latest bank-FinTech tie-ups shows Banking-as-a-Service and other FinTech players embracing smaller regional and community banks to elevate small- to medium-sized business (SMBs) and corporate banking offerings.

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Community Bank Community Fintech Regional 242

PYMNTS

OCTOBER 22, 2019

New Jersey-based financial institution Investors Bank has announced a collaboration with online small business lending firm OnDeck to digitize its own small to medium-sized business (SMB) lending operations. That combination is mutually advantageous for the bank lender and the small business owner.”.

Lending 101

Lending New Jersey Online Customer Experience 101

PYMNTS

JULY 1, 2016

Soon after Lending Club revealed its ex-CEO may have artificially inflated the company’s lending volumes, the U.S. Commercial Banking. D3 Banking. Investors on Monday (June 27) provided $10 million to D3 Banking for it to further its research and development operations, reports said. . Alternative Lending.

Lending 101

Lending Analytics Capital Industry 101

PYMNTS

FEBRUARY 4, 2020

Grab’s financial services sector currently operates in Southeast Asia, with services like payments offered by GrabPay, rewards with GrabRewards, lending with GrabFinance, and insurance with GrabInsure. The company serves a long list of micro-entrepreneurs, small business owners, driver partners and users in the region.

Regional 131

Regional Risk Management Management Digital Banking 131

PYMNTS

MARCH 9, 2020

A vast majority of consumers express a passing interest in exploring banking-like services from providers that are not banks, even though only a small percentage of consumers use those providers today in that way. Nearly every single consumer uses an institution that provides all of those services as their primary bank.

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How To Millennials ATM Fintech 232

PYMNTS

APRIL 24, 2020

bank technology firm securing $100 million to expand in the region. 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. As an FDIC insured bank in the U.S.,

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Fintech Capital Security Digital Banking 193

PYMNTS

NOVEMBER 27, 2019

That is among the reasons why Emirates NBD recently launched the first digital banking service for SMBs in the UAE, a launch that could inspire similar efforts in other parts of the world. It will have a mobile app, and provide different services necessary to carry out banking needs. New Venture.

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Fintech Regional Regulation ATM 167

PYMNTS

APRIL 21, 2020

There are a whole range of forward-thinking firms leveraging application programming interfaces (APIs) to issue cards, to create virtual accounts, promote micro-lending and micro-saving and even pay workers — all in bits and bytes. “It’s As Verdon said, “it’s not just financial services businesses going into these new use cases.”

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Branding Innovation Fintech Regional 232

Gonzobanker

JUNE 11, 2018

Attendance at American Banker’s Digital Banking conference has grown significantly since I was here in 2016, reflecting the obvious interest levels in digital, yet the vibe remained largely the same as two years ago…. See you can align your business and digital strategy. And yes, you can humanize digital banking.

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Conference Digital Banking Austin Digital Strategies 71

PYMNTS

DECEMBER 9, 2020

Clearly there's regional saturation, which leads to consolidation.”. 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. He said that traditional banks operate one step removed from the data hub that is the point-of-sale transaction.

Innovation 306

Innovation Fintech Payments Regulation 306

PYMNTS

SEPTEMBER 24, 2020

But as merchants and issuers look to enter new markets, including the Asia Pacific region (APAC), they must be mindful of the challenges posed by fraudsters. At a high level, beyond market-specific data points, said Donlea, there are a few notable trends tied to digital commerce that have been shaped by the pandemic.

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Mobile Management Fraud Online 245

PYMNTS

JUNE 9, 2020

According to Chambers, part of the would-be interest from CU members may stem from the fact that challenger banks have been blanketing the airwaves — digital and otherwise — with advertising on a large scale. Their marketing budgets are deeper and bigger, and they are national,” said Chambers of these and other digitally-focused firms.

Digital Banking 133

Digital Banking Millennials Lending Marketing 133

Gonzobanker

JULY 7, 2015

Yet while the demos and screen shots at events like Finovate have provided fascinating fodder regarding the future of digital banking, the FACTS show that these buzz-worthy players have had infinitesimal impact on market share. Bancorp Bank (Simple/PayPal et al) 1,495,558 4,499,959 3,004,401. billion in 2010.

Digital Banking 60

Digital Banking Industry Capital Strategy 60

PYMNTS

MARCH 11, 2019

With a permissioned blockchain network , services can be shared between credit unions, which could improve identification authentication and compliance surrounding regulations, know your customer, lending and payments. Under the plan, credit union members would be able to access the CULedger via a digital credential dubbed MyCUID.

blockchain 160

blockchain Regulation Community Bank Regional 160

Abrigo

OCTOBER 21, 2019

Once only accessible to large financial institutions and digital-only banks, today’s technology affords smaller financial institutions the opportunity to level the playing field by automating the lending process to get money in customers’ hands sooner. Technology, like banking, isn’t “one-size-fits-all.”

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Millennials Oklahoma Innovation Technology 218

PYMNTS

AUGUST 25, 2019

Look Who’s Charging is integrated with a number of Australian banks, with data available to millions of Australians within its existing digital banking apps. And Experian Australia & New Zealand announced that it has acquired FinTech Look Who’s Charging.

Data 109

Data Fintech Lending Analytics 109

PYMNTS

AUGUST 13, 2018

David Chubak, head of global retail banking and mortgage, will be in charge of the global-branded cards and the consumer lending business, reported CNBC. Anand Selvakesari, who is the current head of the consumer banking in Asia-Pacific, will become head of U.S. The app doesn’t have a name yet. billion by 2020.

Cards 108

Cards Branding Regional Digital Banking 108

FICO

MARCH 22, 2022

The pandemic impacted the financial situation of SME’s in various ways, including the need to suddenly adopt digital banking channels, arrange repayment deferrals and of course an increased need for lending; a need which is increasingly being targeted by new lenders offering a simplified digital lending process.

Lending 52

Lending System Regional Survey 52

Insights on Business

FEBRUARY 19, 2016

My engagements with a number of global banks of various sizes over the past several months have been on one common agenda. What should be their strategy for Digital Banking transformation? Examples include Lending Club and Zopa in lending, Nutmeg and Weathfront in Wealth Management; WePay and Stripe for Payments.

Fintech 132

Fintech Video Lending Industry 132

PYMNTS

JANUARY 18, 2019

Management said on the Citigroup earnings call that part of the expense management and cost savings that have been seen in past periods and going forward have been driven in part by the shift from what was cited as “analog to digital.” Bank of America said it has 36.4 million active digital banking customers, with 26.4

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America Trends Course Cards 129

American Banker

JANUARY 21, 2021

The Cleveland company will launch the service in March to broaden relationships its Laurel Road student loan refinancing unit has built with health care professionals.

Cleveland 87

Cleveland Digital Banking Company Regional 87

PYMNTS

APRIL 20, 2017

Just last month, Virgin Money prompted renewed talk of launching its own challenger bank that would similarly focus on small businesses. These challenger banks aren’t just disrupting the U.K.’s A new report by Burnmark is looking to make sense of an ever-crowding challenger bank ecosystem. “The Take, for instance, SME lending.

Compliance 110

Compliance Innovation social media Fintech 110

CB Insights

AUGUST 3, 2017

Latin America fintech companies are creating solutions aimed at rethinking banking, lending, and payments in the region. We used the conventional definition of Latin America to include all countries in the following regions: South America, Central America, the Caribbean, and Mexico. Digital Banking.

Company 65

Company Fintech Comparison Marketing 65

American Banker

FEBRUARY 3, 2020

Certain loan segments are showing signs of deterioration, but consumer lending and digital banking are bright spots. Here's what to expect from smaller regionals in the year ahead. Meanwhile, bankers are eyeing opportunities to improve efficiency, add scale and take advantage of M&A disruption.

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Regional Lending Digital Banking Community Bank 50

American Banker

JUNE 22, 2016

Kabbage is licensing its digital lending technology to one of Canada's largest banks, which plans to offer an online application process to small businesses.

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Lending Technology Online Regional 51

PYMNTS

JULY 6, 2018

To that end, SEB AB, reported Bloomberg , has been boosting its staffing roster to bring more efforts to bear on its digital banking services. Nordea Bank, which is among the biggest firms in its region, is, in fact, shuttering 6,000 jobs, and that downsizing comes in tandem with digital initiatives.

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Fintech Technology Lending Regional 102

PYMNTS

OCTOBER 4, 2019

According to Cellulant, Tingg will be the new hub for all of the digital financial services it offers to consumers, including bill payments, remittances, lending, group investments, food and gas orders – all housed in one app that will be live across eight Africa markets.

Marketing 132

Marketing Mobile Payments Lending 132

CB Insights

MARCH 8, 2018

Digital banking startups — or challenger banks — have gained traction over the past few years by bringing retail banking services mobile. Banks in Fintech: what’s ahead in 2018. Join us for data-driven look at how major banks are approaching fintech investments and taking on insurgents. First Name.

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Retail Digital Banking Fintech Regulation 78

American Banker

OCTOBER 11, 2016

Regions Financial in Birmingham, Ala., has introduced an online consumer lending product that it uses technology developed by Avant.

Regional 28

Regional Online Lending Technology 28

Insights on Business

FEBRUARY 19, 2016

My engagements with a number of global banks of various sizes over the past several months have been on one common agenda. What should be their strategy for Digital Banking transformation? Examples include Lending Club and Zopa in lending, Nutmeg and Weathfront in Wealth Management; WePay and Stripe for Payments.

Fintech 93

Fintech Video Lending Industry 93

The Financial Brand

MARCH 12, 2019

Union Bank's PurePoint brand combines full digital functionality with small 'digital-infused' branches to fuel deposits for lending. The post Regional Bank Meets the Future With Hybrid Digital Brand appeared first on The Financial Brand.

Regional 30

Regional Meeting Branding Lending 30

PYMNTS

SEPTEMBER 23, 2016

Nine years after the introduction of the iPhone to the market — and the subsequent great mobile leap forward — the verdict is pretty much in on mobile banking applications: Consumers like it, verging on loving it, and are eager for more of it. The first is the obvious issue: They lack the massive scale and deep IT pockets of the large banks.

Mobile 100

Mobile Community Bank Tools Community 100

PYMNTS

OCTOBER 8, 2019

CUs are no longer confined to operating primarily as regional players, moving beyond the confines of original charters that had limited them to, say, specific communities or employers. Digitization, he said, helps level the playing field for CUs competing with bigger players. The Millennial Challenge.

United States 102

United States Millennials Course Lending 102

PYMNTS

APRIL 23, 2018

For the first time, local and regional DVD rental stores aside, people across the U.S. So, too, could a universal pay button that makes the registered card options already a part of a consumer’s digital payments experiences available across all of the merchants they want to shop.

Retail 117

Retail Maine Lending Software 117