Chris Skinner

JANUARY 22, 2020

I’ve just been reading Jim Marous’s Digital Banking Report which ties in nicely with my new book Doing Digital, as the themes are similar.

Survey 472

Survey Digital Banking Report 472

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

Chris Skinner

APRIL 30, 2018

I just got a report from J Walter Thompson on the future of money and there’s some interesting facts and stats.

Report 280

Report Millennials Management Digital Banking 280

PYMNTS

APRIL 27, 2020

The number of online banking customers is growing worldwide, and FIs’ consumers are coming to expect seamless digital experiences as a result. One study recently determined that the number of digital banking users is expected to exceed 3.6 Global banking revenues are expected to reach approximately $5.4

Digital Banking 248

Digital Banking Tools social media Mobile 248

PYMNTS

OCTOBER 6, 2020

Of course, the pandemic has forced banks – like all businesses – to rethink their priorities and make adjustments to how they interface with customers. In addition, the report says, services that were once available only at branches, such as loan or credit card applications, are being moved to mobile apps and ATMs.

Digital Banking 256

Digital Banking ATM Mobile Atlanta 256

PYMNTS

AUGUST 4, 2020

The writing has been on the wall: PYMNTS research has found that though most people are satisfied with their in-place relationships with banks, only about 40 percent of people would be “extremely” or “very” likely to bring their banking relationships to Big Tech or FinTechs. ” Looking Ahead.

Google 298

Google Digital Banking Course Branding 298

PYMNTS

JANUARY 21, 2021

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. In just a few recent examples: Bank of America said this past week that active mobile banking users rose 6 percent to 30.8 million during the quarter.

Mobile 252

Mobile Report Trends Digital Banking 252

PYMNTS

SEPTEMBER 14, 2020

Standard Chartered has announced the completion of the first cross-bank Letter of Credit (LC) transaction over blockchain, between Vietnam and Thailand, according to a report from FinanceFeeds. It was completed over the blockchain-based Contour network, which is an open industry platform and focused on digitizing trade finance.

blockchain 302

blockchain Report Operations Innovation 302

PYMNTS

JULY 27, 2020

Hackers boasting that they have “cracked” some of the hashed passwords stolen from digital banking aggregator Dave may be one of the most disturbing elements to emerge from the cyberheist that exposed the private information of millions of users, a top expert notes.

Data 246

Data Fintech Report Security 246

PYMNTS

JUNE 16, 2020

Branch , the digital bank startup, is branching out. Consumers deserve fast and flexible mobile banking services that adapt to their needs,” said Branch CEO Atif Siddiqi in a statement.

Digital Banking 199

Digital Banking Mobile Los Angeles San Francisco 199

Bank Innovation

AUGUST 23, 2018

Consumers want banks to do more than just hold their money, they want their banks to help them meet their financial goals. In fact, a new consumer report by CSI shows that 83% of American consumers agree with that statement. That number jumped to 87% for consumers with an annual household income of $100,000 or […].

Digital Banking 236

Digital Banking Meeting Report America 236

PYMNTS

FEBRUARY 21, 2020

consumers (and credit, in the form of mortgages) remain willing to spend, homebuilders report their healthiest January in years. Commercial contactless cards: These continue to gain traction, as evidenced by a report from HSBC, which shows that in the U.K., Home sales: In a sign that U.S. million guests’ data was compromised.

Digital Banking 224

Digital Banking Conference Samsung Fintech 224

PYMNTS

AUGUST 21, 2020

Digital banking is reaching unprecedented levels of popularity amid the pandemic, with 89 percent of American bank customers using mobile banking apps to manage their savings and checking accounts. Developments From Around The World Of Digital-First Banking. billion by 2024.

Analytics 266

Analytics Fraud ATM Report 266

Gonzobanker

JUNE 20, 2024

With the latest scandal entangling fintech middleman Synapse and its partner banks, it wouldn’t be surprising for more bankers to embrace “boring” over “daring,” with executives fearing what could go wrong with banking-as-a-service partnerships or, more broadly, with their fintech pairings. Some digital banks in the U.K.,

Digital Banking 172

Digital Banking Fintech Innovation Strategy 172

PYMNTS

JULY 1, 2020

That way, the integration opportunity that allows credit unions to integrate their existing solutions with ours and others is tremendous from an insight and information reporting perspective.”. “We’ll certainly continue to invest in the developer portal and APIs,” he said.

ATM 250

ATM Digital Banking Data Video 250

PYMNTS

APRIL 13, 2020

Earlier this month, the Bank of International Settlements (BIS), which has more than 600 member financial institutions and central banks spanning 60 countries, took note of changing consumer attitudes toward cash in a report titled “COVID-19, Cash and the Future of Payments.”

Digital Banking 249

Digital Banking System Payments Taxes 249

PYMNTS

APRIL 23, 2020

Banks looking to meet customers’ standards must have a holistic view of the digital experience and consider all aspects of their operations rather than prioritizing one over another, according to KeyBank Executive Vice President and Head of Digital Banking Jamie Warder. “We

System 226

System Digital Banking Online Guidelines 226

PYMNTS

SEPTEMBER 23, 2020

British banks spend upward of £6.7 These systems are also designed to ensure compliance with government regulations for fighting organized crime rings, with Thomson Reuters reporting there were 80,000 regulatory updates around the world in 2019 that banks must comply with or be punished with fines. billion ($8.9

Technology 208

Technology Report Fraud Study 208

PYMNTS

OCTOBER 8, 2020

The fraud issue can make some customers more hesitant to utilize online banking — a recent report found that near half of online banking and mobile banking users that had experienced fraud were at least “somewhat concerned” about the issue. And meanwhile, 35.7

Report 247

Report Fraud Risk Management America 247

PYMNTS

JULY 21, 2020

The latest Merchants Guide To Navigating Global Payments Regulations examines how open banking initiatives are developing in Latin America as well as how the pandemic is affecting these moves. To learn more about why open banking must be tailored to meet the unbanked and underbanked consumers’ needs, visit the Tracker’s Feature Story.

Mobile 229

Mobile Report America Regulation 229

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 126

Digital Banking Trends Study Mobile 126

PYMNTS

OCTOBER 16, 2020

It’s been another busy week in the world of payments and commerce, with the expansion of installment point of sale (POS) credit and digital banking. banking license. I think that this just-in-time credit is going to be growing … and it’s going to take, share from cards and take share from banks. banking license.

Report 176

Report San Francisco Payments Digital Banking 176

PYMNTS

DECEMBER 21, 2020

with money laundering, fraudulent banking and computer fraud, Reuters reported. “It cryptocurrency exchange Exmo reported a “major” security breach on Mon. In other news, Russia’s VTB Bank has teamed with blockchain platform Masterchain to issue digital bank guarantees backed by blockchain, the bank announced in a press release.

blockchain 206

blockchain Bitcoin Fraud Report 206

Bank Innovation

MARCH 1, 2018

According to Malauzai Software, that’s the term used for vendors that “scrape” digital banking apps on the internet to gather data and then provide that data to fintechs. Think Mint, Yodlee and Intuit, who, according to Malauzai Software’s Monkey Insights February 2018 report, are the largest.Read More.

Fintech 276

Fintech Software Digital Banking Data 276

Bank Innovation

FEBRUARY 8, 2018

United Kingdom challenger bank Coconut will partner with prepaid cards and services provider PrePay Solutions, or PPS, to enable the bank to deliver digital banking for freelancers and the self-employed, PYMNTs reported today. s freelancers, which […].

Digital Banking 275

Digital Banking Cards Report Online 275

Bank Innovation

JANUARY 22, 2018

EXCLUSIVE – British money management app Emma has integrated with challenger bank Monzo today. Last week Bank Innovation reported Emma’s plans to partner with digital banks like Monzo and Revolut. Today, Monzo released a statement confirm that integration.

Innovation 268

Innovation Digital Banking Management Report 268

Abrigo

FEBRUARY 26, 2025

Community banks have a unique opportunity to strengthen their deposit base by embracing digital transformation, optimizing customer engagement, and enhancing their product offerings. Banks that use customer data effectively can drive engagement and loyalty while increasing deposits from their most valuable segments.

Community Bank 195

Community Bank Community Strategy Analytics 195

Chris Skinner

JUNE 30, 2020

The timing was great because they’ve just produced a set of three reports about digital transformation in partnership with Deloitte. I recently did a podcast and webinar with the Institute for International Finance (IIF).

Report 486

Report Digital Banking 486

PYMNTS

DECEMBER 17, 2020

Kakao Bank Corp. , a South Korean digital bank, has chosen Credit Suisse and KB Investment & Securities as its advisors for its upcoming initial public offering (IPO), Reuters reported. The timing of the IPO hasn't been decided, although Reuters reported that analysts predict it will happen in the second half of 2021.

Samsung 243

Samsung Digital Banking Security Fintech 243

PYMNTS

OCTOBER 12, 2020

European digital bank Revolut , the continent's largest such institution with 13 million users, is close to applying for a U.S. digital banking license, according to a report by CNBC. Revolut's bank charter will be with California, but it will allow the bank to operate anywhere in the U.S.,

San Francisco 268

San Francisco Wyoming US Utah 268

Bank Innovation

FEBRUARY 12, 2020

The growth of mobile and digital banking is driving in-store branch numbers down. In-store branches are satellite bank branches located inside large retail spaces, such as supermarkets or chains like Walmart and Safeway. since June 30, 2018, S&P Global Market Intelligence reported.? since June 30, 2019, and 6.5%

FDIC 243

FDIC US Retail Digital Banking 243

PYMNTS

JANUARY 7, 2021

Customers of Simple Bank are receiving emails telling them the bank is closing and that the intent is to transfer them to BBVA , a report from Talk Android says. After Simple Bank launched as an online bank specializing in high-interest savings accounts, the current economic climate ended up making it unfeasible.

FDIC 336

FDIC Google User Experience Lending 336

Chris Skinner

JANUARY 26, 2020

The main blog headlines are … Survey: Banks just aren’t ready for digital I’ve just been reading Jim Marous’s Digital Banking Report which ties in nicely with my new book Doing Digital, as the themes are similar.

Maine 233

Maine Survey Digital Banking Report 233

PYMNTS

JANUARY 19, 2021

The collaboration is part of Eedenbull’s efforts to expand globally after having secured 65 banking partnerships across Europe, according to a report. Italy’s BNL , part of BNP Paribas Group , has debuted its multi-banking solution developed in conjunction with open banking FinTech Tink , according to a press release.

Fintech 341

Fintech National Groups Tools 341

PYMNTS

OCTOBER 23, 2020

Capital One reported on Thursday (Oct. These behaviors are amplified by the cumulative effect of stimulus and widespread forbearance across the banking industry,” Founder, Chairman and Chief Executive Officer Richard D. billion, the bank reported in its supplemental earnings materials. billion as of the quarter’s end.

Capital 175

Capital Report Cards US 175

PYMNTS

JUNE 15, 2020

The Beijing-based giant with a valuation of $75 billion is competing for one of five electronic banking licences to be issued by the Monetary Authority of Singapore , the nation’s central bank and financial regulatory agency, by year’s end, the report said. ByteDance does not operate a digital bank, the FT reported.

Groups 268

Groups Video Digital Banking Apple 268

PYMNTS

OCTOBER 7, 2020

Businesses and financial institutions (FIs) are following suit, reordering their products and services for a new digital normal — but unfortunately, fraudsters are tagging along.

Online 223

Online Report Tools Fraud 223