BankInovation

AUGUST 7, 2024

Financial institutions are investing in their mobile and digital experiences as consumers flock to online channels for self-service banking. “Consumers are really demanding more and more and expecting that the mobile banking experience at their fingertips is largely the gateway into the relationship now with the [financial institution],” Allison (..)

Mobile 74

Mobile Digital Banking Online Marketing 74

PYMNTS

AUGUST 4, 2020

The past several years have been good times for digital banking players popping up to challenge traditional brick-and-mortar financial institutions for market share, but recent months have accelerated that trend into overdrive. All of this will help to build long-lasting, engaged relationships.

Digital Banking 345

Digital Banking Cards Tools Resources 345

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. “Our

Digital Banking 234

Digital Banking Fraud Mobile Online 234

Bank Innovation

MARCH 12, 2020

Fintech startups looking to upend how Americans do their banking are facing their first major test as interest rates fall and fearful consumers seek safety at traditional banks. mobile payments companies founded after the 2008 financial crisis, and digital banks including Chime Inc. Square Inc. and Stripe Inc.,

Digital Banking 359

Digital Banking Payments Fintech Mobile 359

PYMNTS

SEPTEMBER 11, 2019

Make that leather wallet a mobile one, wielded on smartphones. As we noted in this space earlier in the summer, using apps to bank is markedly being embraced by the younger generation. As spotlighted in the Digital Banking Tracker , the global digital banking market is slated to grow by 16 percent, compounded annually.

Digital Banking 160

Digital Banking Millennials Mobile Regulation 160

PYMNTS

JUNE 29, 2020

Bank branches are either closing outright or slashing their business hours to help customers maintain social distancing guidelines — but fortunately, the growing familiarity of digital banking has allowed customers to meet their financial needs online and has kept financial institutions (FIs) in business.

Digital Banking 317

Digital Banking Mobile Study Online 317

Payments Dive

OCTOBER 4, 2019

The successful transition to mobile banking requires a seamless, intuitive user experience built into a mobile app. But the evolution from bricks-and-mortar to digital requires so much more in terms of how you deal with legacy systems, how you listen to customers and how you deal with the challenges of modern day neobanks.

Mobile 330

Mobile User Experience Digital Banking How To 330

Accenture

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….

Digital Banking 222

Digital Banking Marketing Branding Retail 222

Gonzobanker

MAY 16, 2024

Digital metrics at banks and credit unions are not all trending up and to the right. A new report on digital banking metrics and the impact that digital banking is having on banks reveals some positive developments, but also a host of troubling trends that should give bank executives cause for concern.

Digital Banking 106

Digital Banking Trends Study Mobile 106

PYMNTS

DECEMBER 30, 2020

Digital banking took off this year as pandemic lockdowns and disrupted routines led people to seek better, faster, more personalized forms of banking. There are two notable changes atop this new Provider Ranking of Digital Banking Apps. 4, pushing challenger bank Monzo to No. The Top 10. Still at No.

Digital Banking 198

Digital Banking Mobile Fintech Cards 198

Payments Dive

MARCH 14, 2024

Consumer Reports Senior Director Delicia Hand said preventing fraud and scams is "crucial" for traditional and digital banks alike, as more of their customers use their mobile apps.

Fraud 459

Fraud Report Digital Banking Mobile 459

The Paypers

AUGUST 5, 2024

Mbanq has launched a new suite of white-label mobile digital banking apps, offering a quick to deploy and cost-effective solution for digital banking.

Digital Banking 36

Digital Banking Mobile 36

Bank Innovation

SEPTEMBER 12, 2019

As digital banking goes mainstream, banks are recognizing that a mobile app that lets customers carry out day-to-day tasks isn’t enough. Bank has been preparing, especially as it reports that 72% of its customers are considered “digital-active” and 50% are using mobile channels.

Digital Banking 250

Digital Banking US Mobile Report 250

PYMNTS

DECEMBER 3, 2020

We like the action, of which there is no shortage in the digital banking space. Legacy names and newcomers alike are ranging freely across the forming digital banking landscape, with digital anywhere access portals in their pockets — the smartphone. From the top it’s challenger bank Chime at No. The Top 10.

Digital Banking 159

Digital Banking Millennials Mobile Tools 159

Gonzobanker

JUNE 20, 2024

According to Cornerstone’s Digital Banking Performance Metrics study, the percentage of new accounts opened in digital channels dropped for the second straight year. That’s not what’s happening with digital banks and fintech firms. Some digital banks in the U.K., Nor is it a winning strategy.

Digital Banking 155

Digital Banking Fintech Innovation Strategy 155

Payments Dive

JULY 24, 2020

US Bank is deploying natural language processing and AI-based technology to move more of its retail banking business onto the mobile banking app.

US 436

US Digital Banking Retail Mobile 436

PYMNTS

OCTOBER 6, 2020

We’re a mobile app, and that’s how we deliver our services.”. Of course, the pandemic has forced banks – like all businesses – to rethink their priorities and make adjustments to how they interface with customers. billion people – will likely be using online and mobile banking services by 2024.

Digital Banking 256

Digital Banking ATM Mobile Atlanta 256

PYMNTS

SEPTEMBER 17, 2020

“Pandenomics” may usher in a new age for mobile check capture and deposits. In an interview with Karen Webster, Mike Diamond , general manager of digital banking at Mitek , said it’s unlikely that customers will revert back to their branch-intensive, pre-pandemic banking behaviors.

Mobile 296

Mobile Digital Banking ATM Industry 296

PYMNTS

DECEMBER 4, 2020

PSCU company Lumin Digital is partnering with Jax Federal Credit Union (JAXFCU) to provide mobile and online banking services for over 23,000 users, which comprises around 60 percent of JAXFCU's membership, when the credit union goes live with Lumin in April of next year, according to a press release.

Digital Banking 234

Digital Banking Los Angeles Jacksonville Florida 234

PYMNTS

APRIL 27, 2020

Banks do not always have the budgets or resources to craft cutting-edge online and mobile experiences, although they can no longer afford to put off digital transformations. The number of online banking customers is growing worldwide, and FIs’ consumers are coming to expect seamless digital experiences as a result.

Digital Banking 248

Digital Banking Tools social media Mobile 248

PYMNTS

MARCH 6, 2020

San Francisco-based Empower Finance, a mobile banking app aimed at helping millennials save wealth, has raised $20 million in a Series A funding round led by Defy Ventures and Icon Ventures, according to a report. The digital banking field is fraught with competition. billion after recently closing a financing round.

Millennials 251

Millennials Digital Banking San Francisco Capital 251

PYMNTS

JANUARY 21, 2021

One common theme amid bank earnings — beyond lofty trading revenues gleaned from Wall Street — has been the increased uptake of mobile banking. Stats from banks, pretty much across the board, have given evidence that consumers have been pivoting to their mobile devices to attend to their everyday financial needs.

Mobile 252

Mobile Report Trends Digital Banking 252

Payments Dive

JUNE 7, 2019

Engaging customers over digital channels has become table stakes in financial services, A leading bank in India has deployed Mobile Pay, our Digital Banking Solution, to build an expansive partner ecosystem to engage customers and achieve services differentiation.

Case Study 170

Case Study Digital Banking Study Mobile 170

Payments Dive

NOVEMBER 14, 2019

The blockbuster agreement for Citi to integrate its Google Pay wallet with Citi and Stanford Federal Credit Union's mobile checking accounts represents an evolution of Big Tech and traditional banking to offer a mutually beneficial expansion of their digital banking and payments businesses.

Google 319

Google Mobile Payments Digital Banking 319

PYMNTS

DECEMBER 29, 2020

“Banking services need to adapt to this [eCommerce] operational model, to be able to allow them to connect with their clients, with their payments service providers and with their partner. That is where digital banking and the virtual IBANs come in,” she said.

Digital Banking 289

Digital Banking Compliance Online Payments 289

BankInovation

MARCH 13, 2024

Greylock Federal Credit Union has selected Alkami to improve its digital banking offerings. billion credit union will implement the Alkami Digital Banking Platform to provide online and mobile banking to its retail and business clients, according to Alkami’s March 5 release.

Digital Banking 74

Digital Banking Texas Retail Mobile 74

Bank Innovation

MARCH 14, 2018

based digital bank Tandem closed a deal to acquire fellow British fintech Pariti, a personal money management app in the country with about 95,000 registered users. A mobile app that works with a user’s existing bank accounts to track spending—including overdraft fees and credit debt—Partiri was founded in.Read More.

Digital Banking 230

Digital Banking Fintech Mobile Management 230

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.

Digital Banking 238

Digital Banking Los Angeles Cards California 238

Gonzobanker

APRIL 11, 2023

It’s one of a banker’s worst nightmares: the digital banking conversion that was designed to improve the customer experience fails – locking users out of their accounts, not showing balances, making wire transfer features inaccessible… It recently happened to a $25 billion bank in the Midwest. Trust us, it happens. The problem?

Digital Banking 139

Digital Banking social media System Customer Experience 139

PYMNTS

OCTOBER 20, 2020

They are the brands tracked in PYMNTS’ Provider Ranking of Digital Banking Apps for October 2020, and the surprise can’t be spoiled because, with two very notable exceptions, there aren’t any. 1 spot on the latest ranking of digital banking apps, with its valuation hitting $14.5 8, is Germany-based direct bank N26.

Digital Banking 140

Digital Banking Millennials Tools Mobile 140

PYMNTS

APRIL 23, 2020

More banks are therefore moving away from legacy core systems to embrace cloud-native architectures to power automation and meet the speed expected by consumers, securely. The bank is working with technology giants Google and Microsoft to create new cloud-based tools that will use their cloud computing software. About The Tracker.

Digital Banking 262

Digital Banking Security Innovation Google 262

Chris Skinner

APRIL 3, 2018

BTW, I’ve also heard a lot of people have been frustrated that Amazon cancelled their pre-orders of the new … The post Digital banks are 35+ times more productive than traditional banks appeared first on Chris Skinner's blog. If you would like to get a signed copy of the book, just register here.

Digital Banking 418

Digital Banking New York Case Study Study 418

PYMNTS

JUNE 10, 2020

App-based digital challenger banks have been solidifying and expanding customer bases ever since COVID came to town. And while PYMNTS’ latest Provider Ranking of Digital Banking Apps shows consistency at the top, brands are vying for position in the new digital banking boom. 7 by Ally Bank.

Digital Banking 144

Digital Banking Branding Innovation Fintech 144

BankInovation

MAY 29, 2024

Cache Valley Bank has selected fintech Finastra for its core banking and digital banking offerings. Cache Valley Bank has […]

Digital Banking 77

Digital Banking Phoenix Utah Retail 77

PYMNTS

NOVEMBER 24, 2020

South African digital identity firm Entersekt is partnering with African FinTech Cellulant to bring enhanced cybersecurity to mobile banking and digital payments. . The two companies are collaborating to integrate Entersekt’s mobile software development kit with Cellulant’s product stack. .

Digital Banking 145

Digital Banking Security User Experience Fraud 145

BankInovation

APRIL 4, 2023

Why you need one, what to look for and how to select the best digital banking platform to support your digital banking strategy heading into the new year.

Digital Banking 98

Digital Banking Strategy Mobile How To 98

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. At LAFCU, we continuously want to improve the products and services we offer.

Los Angeles 192

Los Angeles Digital Banking Analytics Mobile 192