Gonzobanker

OCTOBER 13, 2020

This fast pace has banks and credit unions contemplating how they can compete in this mobile “arms race” and what unique value smaller institutions can bring to the table. . With megabanks spending billions on digital investments each year, regional and community bank executives understand they cannot compete on resources.

Strategy 146

Strategy Digital Banking Digital Strategies Mobile 146

PYMNTS

NOVEMBER 30, 2020

Digital banking firm Emirates National Bank Dubai (Emirates NBD) has rolled out its new businessONLINE platform, a new omnichannel platform for small businesses, a report from NSBanking.com says.

Digital Banking 215

Digital Banking Regional System Technology 215

PYMNTS

DECEMBER 17, 2019

Open Banking is making its rounds across the globe as regulators embrace financial services industry competition, and as financial services players — both banks and FinTech firms — recognize their market opportunities by embracing data sharing. The companies plan to expand their integration for additional functionality moving forward.

Metro 136

Metro Regional Fintech National 136

PYMNTS

JANUARY 13, 2021

The purchase is said to be in line with Sea’s aim to expand its position as a FinTech trailblazer throughout the region. As it stands, PSCU works with CUs throughout the nation and helps with more than 5.4 Shares were reportedly bought from current investors PT Koin Investama Nusantara Ltd. and PT Danadipa Artha Indonesia.

Digital Banking 141

Digital Banking ATM Capital Regional 141

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

NOVEMBER 5, 2020

Commerzbank , Germany’s second-largest bank, is bracing for widespread bankruptcies among small and mid-sized business customers as the pandemic continues to weigh heavily on the global economy.

National 131

National Regional Tools Digital Banking 131

Payments Source

APRIL 11, 2017

Amala Duggirala said she was attracted to Regions because of its digital products and commitment to innovation.

Regional 60

Regional Innovation National Digital Banking 60

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

PYMNTS

NOVEMBER 30, 2020

Nets will provide the full-scale solution with a corporate credit and debit solution using digital services, enterprise card management and security tools, the release stated. Emirates NBD Debuts Omnichannel Corporate Banking Program. Australia Could Debut Compulsory eInvoicing.

Cards 160

Cards Payments Tools Regional 160

Gonzobanker

DECEMBER 14, 2023

Not the financial industry’s “Troublemakers ” – those regional and community banks, credit unions and supporting fintech entrepreneurs who continue to engage customers and communities and find niches that keep the grassroots of our country’s financial system alive and kicking. billion bank in the Mid-Atlantic region.

Fintech 190

Fintech Community Regional Technology 190

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. What’s Next?

Digital Banking 60

Digital Banking Industry Capital Strategy 60

NCR

SEPTEMBER 1, 2016

billion potential customers in China alone, and a similar number in India, the opportunities for banks are immense. According to new research by Google and Boston Consulting Group , the value of digital transactions in the world’s second-biggest nation is expected to reach $500 billion by 2020 – ten times the level seen today.

Regional 75

Regional Payments National Boston 75

PYMNTS

JULY 17, 2020

He said that while small banks, credit unions (CUs) and regional players deeply fear being swept aside by the great digitalization wave that the pandemic has set off, their concerns aren’t actually unique to the financial industry’s smaller end. Instead, FIs must go digital in the ways consumers are seeking.

Regional 198

Regional Cards National Trends 198

PYMNTS

FEBRUARY 20, 2020

has one of the weakest privacy protections of any developed nation. Brexit has had many effects on the economy and business of the region, such as Britain’s announcement that it will put import controls on goods coming into the country, and digital bank N26 blaming its departure from the country on Brexit. Recent U.S.

Google 141

Google US Data Regional 141

PYMNTS

SEPTEMBER 15, 2020

In today’s top news in digital-first banking, Goldman Sachs has launched a personal finance offering for customers of average means, and Franklin Templeton’s Singapore subsidiary has joined forces with Razer Fintech. Plus, First Horizon National Corp. Goldman’s Marcus Adds Personal Finance Management Tools.

Tools 131

Tools Fintech Tennessee National 131

PYMNTS

JULY 21, 2020

The European Union’s financial authorities are monitoring how the pandemic may be affecting banks’ and FinTechs’ compliance with rules such as the General Data Protection Regulation (GDPR) and the revised Payment Services Directive (PSD2), for example. How The Pandemic Is Shifting Open Banking Plans In Latin America .

Mobile 229

Mobile Report America Regulation 229

PYMNTS

JULY 23, 2020

Open banking has been picking up steam in Latin America for more than two years. Regulators in Mexico passed a law governing FinTechs in March 2018, just two months after PSD2 went into effect in the European Union, and others in the region have since followed suit. the region. Open Banking And Digital Readiness.

America 165

America Regulation Regional Tools 165

PYMNTS

SEPTEMBER 30, 2020

Consumers and businesses have been moving online in recent years, and regulators from the European Union to the Middle East and North Africa (MENA) region have worked to keep up with this migration. The pandemic is dramatically altering how merchants can transact, which data they can store and where they can store it, however.

Regulation 175

Regulation Data Regional Examples 175

PYMNTS

JANUARY 29, 2019

Efforts in the Middle East by banks and other financial institutions to embrace FinTech are on the rise. As reported from Daily News Egypt , a consortium of banks in the region expects a number of FIs, including those in Egypt, to embrace FinTech.

Fintech 145

Fintech Cards System Groups 145

PYMNTS

SEPTEMBER 14, 2016

At a time when ATMs are becoming America’s source for cash, Allpoint delivers to First Tennessee customers a national ATM footprint, high-quality retail locations and an unrivaled density of convenient cash access points,” Knoll continued. The move will also add more than 570 surcharge-free ATMs to the bank’s existing network in Tennessee.

ATM 100

ATM Tennessee United States National 100

PYMNTS

FEBRUARY 21, 2017

Skype cofounder Niklas Zennstrom is a known advocate for European startups who has invested much of his fortune into promising startups across the region. Boden’s Starling Bank built its IT infrastructure from the ground up, has a banking license and has full membership in the U.K.’s VC Funding Gets Complicated.

Digital Banking 101

Digital Banking Capital Fintech Groups 101

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

PYMNTS

SEPTEMBER 14, 2020

Middle Eastern finance group Emirates National Bank Dubai (NBD) has deployed a centralized international payments hub on Tata Consultancy Services ' TCS BaNCS For Payments, according to a press release , which will help to boost payments in numerous countries across the world.

Payments 175

Payments Operations Regional Innovation 175

PYMNTS

NOVEMBER 29, 2018

The newswire said representatives from local banks will sign on with a task force from the central bank, which will assess the financial products and services that are being proposed. These customers will be able to send money to WeChat Pay from Family Bank’s PesaPap mobile banking application and USSD service.

Fintech 167

Fintech Guidelines Mobile Examples 167

Chris Skinner

MARCH 31, 2017

I took part in a webinar the other day, focused upon the developments in digital banking in the Middle East. Equally, having been to the region regularly since 2002, I’ve seen how it is developing and changing. Having visited Abu Dhabi, Bahrain, Dubai and Qatar recently, I can claim to know a little.

Regional 150

Regional Digital Banking America Meeting 150

PYMNTS

APRIL 10, 2020

While this strategy can yield results, it can also create silos, hampering a bank’s ability to achieve one of the most vital goals of DX: seamless integration of operations that boost efficiency and improve the end-user experience. “Banks are technology companies,” Rio Tinto recently told PYMNTS.

Technology 360

Technology Company Operations Payments 360

PYMNTS

AUGUST 7, 2018

Demonetization was launched in India in an effort to crack down on the nation’s underground economy, boost tax revenues and encourage the transition to a digital banking infrastructure. However, nearly two years after the policy launched in 2016, cash remains a key component of the nation’s economy. percent by 2021.

Report 104

Report Policies Digital Banking Payments 104

PYMNTS

NOVEMBER 13, 2019

Behind Regions Bank’s AI-Powered Digital-First Push. In the face of growing competition, banks around the world are working hard to become the first choice of today’s customers. For many years, Nike opted out of an Amazon partnership due to concerns that it would weaken the brand. Recent PYMNTS research indicates that 34.8

Apple 101

Apple Payments Branding Retail 101

PYMNTS

DECEMBER 9, 2019

Although the number of adults with bank accounts has been steadily rising and is up 7 points since 2012, African countries – especially in the sub-Saharan and West African regions – are trailing the rest of the world. The worldwide average is 69 percent, and in Ghana it is 62 percent. Nigeria is even lower at 44 percent.

Regional 131

Regional Compliance National System 131

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

PYMNTS

NOVEMBER 10, 2020

The central bank and several other commercial banks collaborated on a cross-border bank account offering that Pakistanis overseas can use to store rupees and foreign currencies as well as to pay bills and make other transactions in the nation.

Report 216

Report Fintech United States Meeting 216

Tech and Finance

JULY 13, 2016

Regional and mid-tier banks face an uphill battle on the digital front, but have advantages they can capitalize on with some focus and determination. Alarm bells are sounding in boardrooms of regional and mid-tier banks across the U.S. Retail Banking Customer Satisfaction Study from J.D. The 2016 U.S.

Regional 28

Regional Mobile Millennials Study 28

PYMNTS

MAY 22, 2020

Citibank said last week that the use of its digital banking channels soared in the first quarter (and beyond), tied to a global phenomenon where untold numbers of individuals are working from home, and where lockdowns have rendered traditional financial services processes inoperable.

Operations 233

Operations Data Digital Banking Management 233

PYMNTS

FEBRUARY 24, 2020

Financial institutions (FIs) and merchants from other regions have been dipping their toes into the Chinese market, but open banking has compounded the difficulty involved in setting up operations. as they upgrade their online data and financial rules to support global digital banking innovations.

Regulation 160

Regulation Policies Data Compliance 160

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. Banks should realize that they don’t have to “become a systems integrator themselves,” said Lukies.

Innovation 306

Innovation Fintech Payments Regulation 306

American Banker

MAY 25, 2016

Valley National Bank in Wayne, N.J., has appointed former PNC executive Robert Bardusch to be its chief information officer.

National 39

National NJ Regional Digital Banking 39

Alex Jimenez

APRIL 7, 2024

Innovation Gap One of the continuing concerns I have by the lack of commitment for innovation in many banks is the growing gap between digital leaders and everyone else. When organizations go from trying to innovate to cost cutting to chase the latest shiny tech and back to innovation they won’t do any of these things well.

Innovation 87

Innovation Management Strategy America 87