Payments Dive

FEBRUARY 19, 2020

In 2020 and beyond, it will critical for banks and credit unions to reevaluate their digital strategies.

Banking Trends 309

Banking Trends Trends Digital Banking Digital Strategies 309

Gonzobanker

OCTOBER 13, 2020

With megabanks spending billions on digital investments each year, regional and community bank executives understand they cannot compete on resources. Instead, these players are focusing on specific niches, brand strategies and community connections to differentiate themselves. Appoint Digital Ambassadors.

Strategy 152

Strategy Digital Banking Digital Strategies Mobile 152

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

PYMNTS

FEBRUARY 23, 2020

JPMorgan Chase is taking steps to open a digital bank in the U.K. The banking firm has been talking with London regulators about the idea, according to The Financial Times on Saturday (Feb. bank Goldman Sachs launched a digital bank called Marcus in the U.K. Goldman’s strategy is to lure U.K.

Digital Banking 255

Digital Banking Lending Regulation Operations 255

Chris Skinner

MARCH 26, 2018

I was honoured to accept to be the moderator of the afternoon and guess I was chosen because Alipay and Ant Financial are a … The post Ant Financial’s Strategy for AI, Blockchain, Cybersecurity and more appeared first on Chris Skinner's blog.

Strategy 290

Strategy blockchain Financial Technology Technology 290

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 Forty-three percent of U.S.

Digital Banking 248

Digital Banking Tools social media Mobile 248

Bank Innovation

FEBRUARY 21, 2018

British bank Lloyds has put aside £3 billion ($4.1 billion) for digital development and growth, the bank announced today. The investment will be spread out over three years, allowing the bank to expand its technologies in order to compete with the increasing number of fintechs and digital banking providers.

Digital Strategies 270

Digital Strategies Strategy Digital Banking Fintech 270

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

Chris Skinner

APRIL 18, 2018

Now I don’t have time to read all of these updates and reviews, but two did catch my eye recently: Lloyds Banking Group in the UK and JPMorgan Chase in the USA. … The post Lloyds and JPMorgan: a tale of two strategies appeared first on Chris Skinner's blog.

Strategy 260

Strategy Groups Digital Banking Fintech 260

Perficient

OCTOBER 19, 2020

Financial institutions must understand the new journey customers and colleagues have embraced in 2020 and begin to change their strategy from FI-focused to customer-focused for both the front and back office. Furthermore, financial institutions should use AI to better understand what works and, more importantly, what does not.

Video 520

Video Security Tools Strategy 520

Abrigo

FEBRUARY 26, 2025

Banks & credit unions recognize the importance of new deposits After years of consistent deposit growth, financial institutions have faced a shift recently, with deposits declining since 2022. Investing in digital solutions not only improves the customer experience but also positions community banks as forward-thinking financial partners.

Community Bank 195

Community Bank Community Strategy Analytics 195

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

Bank Innovation

OCTOBER 8, 2018

Not even a month has passed since Julie Demarigny, a veteran in digital entertainment industry having served Warner Bros. and Sony Music, has joined West Coast focused Union Bank as its head of digital banking.

Digital Banking 186

Digital Banking Innovation Digital Strategies Strategy 186

Independent Banker

OCTOBER 31, 2021

As community banks seek to evolve, we bring together the best elements of wise business strategy and out-of-the-box thinking to invent new solutions for a better customer experience. That’s why ICBA has focused so intently on innovation strategy over the past few years. That’s why ICBA’s programs offer a wide array of solutions.

Innovation Strategies 186

Innovation Strategies Innovation Strategy Community Bank 186

Bank Innovation

FEBRUARY 28, 2020

TD Bank’s digital strategy is showing results. The bank said it’s investing heavily in digital channels, making it the largest digital bank in Canada. TD noted that, according to App Annie data, the bank is ranked No. The bank saw a net […].

Digital Strategies 293

Digital Strategies Strategy Digital Banking Retail 293

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. Nor is it a winning strategy.

Digital Banking 163

Digital Banking Fintech Innovation Strategy 163

Bank Innovation

FEBRUARY 18, 2020

HSBC, a global bank with $2.7 The top-10 global bank reported Tuesday that in 2019, net profit fell 53% to $6 billion, while pre-tax profits fell 33% to $13.3 […]. trillion in assets, is blazing a new path for its U.S. business as it cuts $4.5 billion in costs and reallocates capital away from underperforming units.

Strategy 243

Strategy US Taxes Capital 243

PYMNTS

JULY 1, 2020

So, many of the investments that we made early on in the company – and really our company strategy – paid off and were validated.”. Validated but challenged, he noted, as the lay of the land began to massively pivot toward digital services.

ATM 250

ATM Digital Banking Data Video 250

Bank Innovation

DECEMBER 13, 2018

As a part of its retail transformation strategy, HSBC Bank USA spent over $130 million on innovation projects in one year on its U.S. The bank […]. operations.

Innovation Strategies 199

Innovation Strategies Strategy Innovation New York 199

Gonzobanker

JULY 11, 2024

Source: FRED With deposits trickling back into the banking system and the promise of a potential rate cut this year, banking executives are experiencing a glimmer of hope. Instead, it’s time to build deliberate strategies to ensure a sustainable approach to deposit growth. Optimize pricing strategies.

Strategy 148

Strategy Analytics Tools Digital Banking 148

PYMNTS

NOVEMBER 24, 2020

Singapore's financial regulator is sticking to the original plan to award digital banking licenses by the end of the year, according to a Bloomberg report, no matter how tight the scrutiny is in China and the U.S. The digital banking licenses are highly coveted due to Singapore's status as a financial regulatory hub.

Digital Banking 157

Digital Banking Groups Regulation Policies 157

Bank Innovation

MARCH 29, 2019

Digital bank TymeBank and conversational banking technology provider Finn AI have teamed up to bring a low-cost, AI-powered experience to underserved consumers as well as small and micro businesses in emerging markets.

Digital Strategies 186

Digital Strategies Strategy Digital Banking Technology 186

PYMNTS

JANUARY 7, 2021

This week's look at the latest in partnerships finds players in the SMB financial services landscape embracing a range of avenues to collaboration — including mergers and acquisitions (M&A) — to connect SMBs to financing, digital banking services and more. Unifiedpost Broadens Open Banking Capabilities Via Takeovers.

Strategy 196

Strategy Fintech California Community 196

Perficient

APRIL 20, 2023

The Landscape According to Forbes Advisor: 2022 Digital Banking Survey , as of 2022, 78% of adults in the U.S. prefer to bank via a mobile app or website. And those consumers desire digital experiences that are personalized and meaningful.

Marketing 294

Marketing Marketing Strategies social media Strategy 294

PYMNTS

AUGUST 22, 2019

Banks are not just competing for customer engagement and retention — they are also vying for funding and resources as they overhaul their infrastructure and banking tools. The latest Digital Banking Tracker examines how legacy institutions stay competitive with challenger banks. Competition Can Lead to Innovation.

Digital Banking 166

Digital Banking Mobile Study Data 166

PYMNTS

JANUARY 26, 2021

Even before the pandemic, shifting consumer preferences were becoming apparent in the digital space, with more consumers adopting online banking, downloading payments apps and changing the ways in which they interact with their financial institutions.

Strategy 173

Strategy United States America Innovation 173

Bank Innovation

JANUARY 6, 2020

Singapore has received “strong interest” in its effort to open up the banking industry to fresh competition after 21 groups made bids for digital licenses, the financial regulator said.

Digital Banking 221

Digital Banking Groups Regulation Industry 221

Chris Skinner

MAY 29, 2018

I was invited to address a commercial bank this week, and they wanted me to make it specific to their strategy. In reading their strategy, I saw something that jumped off the page: new branches. Why, in the digital age, would any bank be opening more branches?

Strategy 327

Strategy Digital Banking 327

Chris Skinner

NOVEMBER 14, 2018

Twenty years ago, I worked on a strategy for the future of banking. My conclusion was that banks would merge with telecommunications firms and become hybrid institutions. It was interesting because way back then I worked for NCR which was owned … The post Banks and Telcos? Twenty years later, it hasn’t happened.

Strategy 384

Strategy Digital Banking Fintech 384

Jack Henry

NOVEMBER 30, 2023

Building a digital banking strategy is necessary to grow revenue. Click to learn banking strategy advice captured from the “Growing Revenue” track at Jack Henry™ Connect.

Strategy 103

Strategy Digital Banking Innovation Payments 103

PYMNTS

JANUARY 18, 2021

In tandem with that slowdown, the investment banking giant may be considering acquisitions to bolster those results. Acquisitions may come in the digital banking space, and not on augmenting any physical footprint (such as through branches).

Digital Strategies 183

Digital Strategies Strategy America Apple 183

Bank Innovation

FEBRUARY 28, 2020

TD Bank’s digital strategy is showing results. The bank said it’s investing heavily in digital channels, making it the largest digital bank in Canada. TD noted that, according to App Annie data, the bank is ranked No. The bank saw a net […].

Digital Strategies 195

Digital Strategies Strategy Digital Banking Retail 195

PYMNTS

APRIL 6, 2020

Jamie Dimon, chief executive officer of JPMorgan Chase , sent out his annual letter to shareholders on Monday (April 6), outlining strategies amid the worldwide coronavirus pandemic. . “We We have the resources to emerge from this crisis as a stronger country,” Dimon said in the letter.

Strategy 159

Strategy Resources America Cards 159

PYMNTS

SEPTEMBER 11, 2019

In its efforts to expand, B2B Pay plans to raise about $411,000, which would go toward the implementation of its core banking system and finance its pursuit of licenses, according to the statement. The strategy also dovetails with API integrations and the emergence of open banking business models.

Digital Banking 177

Digital Banking Regulation Payments cryptocurrency 177

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

Bank Innovation

OCTOBER 6, 2016

Fears of technology displacing human workers are often dismissed by futurists as technophobia or Ludditism, but a Monday “strategy update” from the Dutch bank ING may change the conversation.

Strategy 350

Strategy Technology Operations Digital Banking 350

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. However, legacy banks across the globe have been far from idle when it comes to digital and mobile innovation.

Mobile 185

Mobile Digital Banking social media Strategy 185