PYMNTS

NOVEMBER 20, 2019

Scotiabank’s Three-Pronged Innovation Strategy. I would say talent management is definitely top of mind.”. Otherwise, you are introducing a technology to a process that is broken to begin with and just automating it, so you are not getting the operational efficiencies and the pickup that you could potentially get out of it.”.

Fraud 117

Fraud Data Management Analytics 117

Bank Innovation

APRIL 23, 2020

Some of the country’s trillion-dollar banks have spent the past three years launching digital offshoots that mimic their startup competitors, but the promise of stand-alone personal finance management apps from incumbent banks remains largely unfulfilled.

Management 259

Management Customer Experience Innovation Strategies Strategy 259

Bank Innovation

MARCH 19, 2020

Today, if you are not a frontline employee, you are working from home,” said Jason Shields, vice president and loan operations manager at Gulf Coast Bank, which is based in New Orleans. With the novel coronavirus forcing employees to work from home, banking technology and security infrastructures are being put to the test.?

Security 51

Security Operations Management Technology 51

PYMNTS

MAY 29, 2020

The Tracker also analyzes the challenges established FIs are facing to innovate their platforms and why these banks must fundamentally shift their innovation strategies to meet these challenges. Investment and asset management firm Blackrock is also looking to use cloud technologies to enhance its platform.

Digital Banking 230

Digital Banking Innovation Online Technology 230

PYMNTS

OCTOBER 13, 2016

More changes are coming at the top of Jo-Ann Fabric — mostly with an eye for bolstering inventory and supply chain management. Michael Goulder will be ascending to to senior VP of inventory management and supply chain.

Innovation Strategies 100

Innovation Strategies Operations Strategy Management 100

Bank Innovation

MARCH 27, 2020

The company, which provides guidance to senior management of financial institutions in the Americas, shed light on potential solutions to some of the business implications stemming from the COVID-19 outbreak in a white paper shared […].

America 259

America Management Company Innovation Strategies 259

Bank Innovation

MARCH 10, 2020

Xolo is a subscription-based freelance accounting and banking platform that allows freelancers to manage cash flow and legal needs. European payments giant Wirecard, which has a market capitalization of more than $15 billion, is making a bet on freelance personal finance platform Xolo to increase uptake for its banking services.

Capital 243

Capital Management Marketing Payments 243

Bank Innovation

DECEMBER 16, 2019

With its mixture of personal finance management tools, savings features and remodeled branches, Virgin Money is aiming for […]. The brand released a new current account for U.K. customers last week, the first product launched by the bank since it was acquired by CYBG in 2018.

Strategy 243

Strategy Community Tools Branding 243

Bank Innovation

JULY 30, 2019

trillion in assets under management, offers investment services and wealth management products aimed at institutions and high-net-worth individuals. Despite the hurdles involved in rethinking how a large, storied financial institution views customer experience, 235-year-old BNY Mellon is tackling the challenge head on.

Customer Experience 199

Customer Experience Management Company Innovation Strategies 199

Bank Innovation

OCTOBER 2, 2019

In September, Bank of China launched an innovation lab through a contract with IBM to fend off competition from these platforms, which function as hubs for e-commerce, banking and social media. According to Likhit Wagle, general manager […].

social media 236

social media Innovation Management Payments 236

The Paypers

APRIL 21, 2019

(The Paypers) As digital transformation has become the new norm for banks, Giorgi Kintsurashvili, Digital Banking Innovations Manager at Bank of Georgia talks about the bank’s innovative banking products and services

Georgia 53

Georgia Innovation Strategies Innovation Strategy 53

PYMNTS

NOVEMBER 1, 2017

Small businesses (SMBs) are increasingly satisfied with their traditional financial service providers, though banks are pushing to heighten their innovation strategies and provide SMBs with the high-tech, customized services that those small businesses demand. The Worst Offender.

Survey 135

Survey Innovation Management Innovation Strategies 135

Bank Innovation

MARCH 6, 2020

We have seen considerable growth in the [German] market,” said Oliver Schmid, general manager of Iwoca Germany. Iwoca, a London-based small business lender, announced a debt financing round of 100 million euros ($112 million) last week to fund new loans in Germany.? “We

Lending 221

Lending US System Management 221

Bank Innovation

MARCH 2, 2020

Managers requested that about 10% of staff across its consumer bank work remotely as part of the plan’s resiliency […]. JPMorgan Chase & Co. is asking thousands of U.S.

US 221

US Management Innovation Strategies Strategy 221

Bank Innovation

FEBRUARY 3, 2020

billion, industry watchers are questioning whether this might prompt wealth management tech firm Envestnet to sell aggregator Yodlee, which it acquired in 2015 for $590 million. On the heels of Visa‘s acquisition of data aggregator Plaid for $5.3 The speculation was initially raised by Raymond James analysts in a report released Jan.

Industry 221

Industry Data Management Report 221

PYMNTS

JULY 29, 2019

Credit Union Leasing of America (CULA) , a provider of indirect vehicle leasing solutions, recently upgraded its Seamless Lease Connection lease management system. Auto lending is also getting an upgrade in the CU market. Deep Dive: How AI Could Change the C U Landscape. About the Tracker.

Pennsylvania 173

Pennsylvania Analytics Maryland Innovation 173

Bank Innovation

JULY 22, 2019

On Monday, the company rolled out a series of digital tools to help customers manage their portfolios while driving, but the Omaha-based […]. With average commutes in the U.S. lasting around 27 minutes and with millions commuting for at least an hour per day, TD Ameritrade wants to seize the opportunity to reach a captive market.

Omaha 186

Omaha Tools Management Marketing 186

PYMNTS

JANUARY 18, 2019

Traditionally, banks manage the features and user experiences of their clients’ solutions, but corporate customers are beginning to seek greater accountability for their innovation strategies. “With API banking , you end up becoming that much more flexible and agile,” he said. . Flexible and Far-Reaching .

User Experience 189

User Experience Innovation Strategies Payments System 189

Independent Banker

OCTOBER 1, 2022

Every year, ICBA surveys the industry and its members to identify their top concerns as part of its innovation strategy. Our bankers face both challenges and opportunities as they work to stay ahead of cybercriminals, paying attention to innovative solutions and partners to mitigate cyber risk. By Charles Potts, ICBA.

Innovation 139

Innovation Community Bank Training Community 139

Bank Innovation

JULY 30, 2019

trillion in assets under management, offers investment services and wealth management products aimed at institutions and high-net-worth individuals. Despite the hurdles involved in rethinking how a large, storied financial institution views customer experience, 235-year-old BNY Mellon is tackling the challenge head on.

Customer Experience 170

Customer Experience Management Company Innovation Strategies 170

Bank Innovation

MARCH 2, 2020

Managers requested that about 10% of staff across its consumer bank work remotely as part of the plan’s resiliency […]. JPMorgan Chase & Co. is asking thousands of U.S.

US 195

US Management Innovation Strategies Strategy 195

Bank Innovation

JULY 22, 2019

On Monday, the company rolled out a series of digital tools to help customers manage their portfolios while driving, but the Omaha-based […]. With average commutes in the U.S. lasting around 27 minutes and with millions commuting for at least an hour per day, TD Ameritrade wants to seize the opportunity to reach a captive market.

Omaha 170

Omaha Tools Management Marketing 170

Bank Innovation

OCTOBER 31, 2019

Digital financial services from lending to asset management are expected to generate at least $38 billion of annual revenue across Southeast Asia by 2025, more than tripling from $11 billion in 2019, according to a new study by Bain & Co., Google and Temasek Holdings Pte.

Study 186

Study Lending Google Online 186

PYMNTS

APRIL 2, 2020

Credit unions must discover where and how their members want to transact and then ensure their in-house growth and innovation strategies match up with those preferences. One significant benefit has been that the CU can now expand its online capabilities and innovate more quickly.

United States 174

United States Security Innovation Mobile 174

Bobsguide

JUNE 3, 2022

Auriga was recently honoured with the prestigious Peter Kulik Innovation Award from the ATMIA, the leading non-profit trade association representing the entire global ATM industry. Q: How do you feel about your Peter Kulik Innovation Award win? All activity needs to be monitored and changes in HW/SW need to be detected.

Innovation 147

Innovation ATM Software Policies 147

PYMNTS

MAY 28, 2018

According to Chain Store Age , the criteria for the award include successful development and executions of product, store, online and service innovation strategies; delivery of an outstanding in-store experience; excellent customer service; and strong financial performance. Founded in 1909 by American businessman H.

Innovation Strategies 102

Innovation Strategies Strategy Capital Groups 102

PYMNTS

JULY 2, 2020

PYMNTS’ Credit Union Innovation Playbook found that nearly 50 percent of the 2,000 CU members polled said they want their financial institutions (FIs) to focus on loyalty innovations, such as rewards offerings, in-app coupons and card-based cash back programs. percent supported having their CUs innovate and 17.3

Innovation 155

Innovation Branding Tools Innovation Strategies 155

Bank Innovation

APRIL 10, 2020

One week after the Small Business Administration launched its Paycheck Protection Program, banks and fintechs alike are still navigating best practices to get funding into the hands of small business clients. As COVID-19 continues to rattle the economy, startups are launching new products and features to engage customers.

Fintech 369

Fintech Customer Experience Innovation Strategies Video 369

Bank Innovation

MARCH 20, 2020

The novel coronavirus may be closing bank branches nationwide, but some digital-only financial institutions are trying not to exploit consumer fears. Being a branchless bank is part of who we are, but we don’t want to resort to scare tactics,” said Nicole Lorch, chief operating officer at First Internet Bank. The Fishers, Ind.-based

Operations 367

Operations Customer Experience Innovation Strategies Strategy 367

Bank Innovation

JANUARY 29, 2020

With nearly 200 startups, five major banks, 19 venture capital firms and representation from large tech companies like Google, Facebook, PayPal, Toronto is quickly becoming a center for fintech entrepreneurship.

Meeting 364

Meeting Fintech Google Study 364

Bank Innovation

AUGUST 16, 2019

The nine-year-old company plans to continue to develop its “partnership strategy,” Bernard Martinez, U.S. managing director at Funding Circle, told Bank Innovation. -based peer-to-peer lending platform, hit a $10 billion milestone in loans to small- to medium-sized (SME) businesses on Thursday. In the U.S.,

Strategy 150

Strategy Lending Innovation Management 150

PYMNTS

SEPTEMBER 29, 2020

CUs’ prepandemic innovation agendas reflected an overall rosy outlook on innovating card-issuing credit products. The CU used the insights it gleaned from the program to inform its credit innovation strategy and assess which products members wanted most.

San Diego 141

San Diego Innovation Cards California 141

Bank Innovation

FEBRUARY 5, 2020

While the hype around chatbots and digital assistants may have reached a crescendo years ago, banks and the technology companies serving them are now investing in the “brains” behind digital conversational assistants, which can be applied across many use cases, including chat and voice.

New York 345

New York Technology Company Innovation Strategies 345

Bank Innovation

MARCH 16, 2020

As the novel coronavirus continues to keep consumers inside their homes, startups that offer digital-only products are experiencing a wave of new customers and engagement. “The The social distancing that’s taking place lends itself perfectly to our business model,” said Kerim Derhalli, CEO of the stock trading app Invstr. “It

Lending 66

Lending Customer Experience Innovation Strategies Strategy 66

Bank Innovation

DECEMBER 24, 2019

Financial technology startups will enter the next decade with a little more street cred than the last time around. Nearly 60 upstarts focusing on financial services — from Stripe Inc. to Chime Inc. to Plaid Inc. — have garnered valuations of more than $1 billion in recent years, according to CB Insights.

Financial Technology 332

Financial Technology Technology Innovation Strategies Apple 332

PYMNTS

SEPTEMBER 17, 2019

Today, not only are innovations emerging to enhance the world’s existing payment rails, but new rails are also coming into play (like the ones on which Visa B2B Connect operates). Phalen pointed to one financial institution partner of Visa that recently exemplified how FIs have made drastic changes in their payments innovation strategies.

Innovation 132

Innovation Payments Cards Industry 132

Bank Innovation

MARCH 13, 2020

As the novel coronavirus continues to spread, rattling the economy, banks are reevaluating their business propositions to clients.? WaFd, formerly Washington Federal Bank, is offering interest-free lines of credit of up to $200,000 to small businesses as a result of the pandemic.

Seattle 307

Seattle Washington Omaha Customer Experience 307