PYMNTS

MAY 13, 2019

Innovation has been the name of the game for financial institutions (FIs) large and small in recent years. While the overall pace of innovation has cooled somewhat over the past two years, as FIs have been slower to market with new products, they are increasingly channeling their energies into tried-and-true product lines.

Innovation 194

Innovation Innovation Strategies Strategy Trends 194

Bank Innovation

DECEMBER 9, 2019

The business of banking is reaching a critical inflection point as ‘challengers’ take market share and incumbents implement strategies to accelerate their digital transformation efforts to enhance customer journeys.

Innovation 284

Innovation Seattle Strategy Marketing 284

Perficient

MARCH 8, 2023

Consider women more mindfully in marketing efforts. Firms must more thoughtfully consider the different assets, behaviors, and financial needs of women when executing their marketing tactics. One-size-fits-all marketing is no longer sufficient to remain competitive.

Innovation Strategies 275

Innovation Strategies Study Marketing Strategy 275

Bank Innovation

MARCH 13, 2020

In this episode, editors discuss the following news developments: How the stock market plummet is affecting robo-advisors; Wirecard expanding internationally through a partnership with the Estonian banking platform Xolo; and Amazon’s move to offer cashierless checkout to […].

Marketing 259

Marketing Customer Experience Innovation Strategies Video 259

Bank Innovation

SEPTEMBER 29, 2016

A host of new speakers joined Bank Innovation Israel 2016 in recent days. We’ve also revised the agenda to provide a deeper understanding of the current fintech market. Specifically, we’ve added a session entitled “Corporate Innovation Strategies,” which will explore the intersection between fintech and traditional banking.

Innovation 150

Innovation Innovation Strategies Strategy Fintech 150

Bank Innovation

FEBRUARY 27, 2020

customer numbers have outperformed other markets. […]. The point-of-sale lender announced this week it has more U.S. customers than customers in New Zealand and in Australia, where it is headquartered. This is the first time since the company’s 2014 launch that its U.S.

Marketing 195

Marketing US Retail Customer Experience 195

Bank Innovation

MARCH 24, 2020

billion since its 2017 founding, is optimistic about venture capital funding for tech companies, despite current market volatility. Brex, a corporate card and financial product startup that has raised $315 million in equity and reached a reported valuation of $2.6

Marketing 199

Marketing Capital Cards Report 199

PYMNTS

APRIL 8, 2019

The paper reported market share for Alexa declined 40 percent in 2018. Prior to that it had 59 percent market share, noted The Wall Street Journal , citing data from Loup Ventures. We’re all still experimenting.” That’s not to say there isn’t some skepticism about how patient data will be protected on voice-activated speakers.

Data 189

Data Innovation Strategies New York Google 189

PYMNTS

MARCH 20, 2019

In fact, they make the timing of their product rollouts a crucial part of their innovation strategies. Only after observing their competitors’ missteps do they fully commit to the rollout of their innovations. percent of the top innovators in the financial sector said they observe market trends first.

Innovation 161

Innovation United States Innovation Strategies Cards 161

Bank Innovation

SEPTEMBER 27, 2019

RBC Capital Markets has looked externally to help it consolidate data in one place, analyze it and better equip employees. Starting in 2013, RBC Capital Markets began collecting all the data it could that was relevant to its clients, including e-commerce data, trades and portfolios.

Capital 150

Capital Marketing Data Management 150

Bank Innovation

OCTOBER 24, 2019

Digital banking and stock trading app Revolut, which boasts 8 million customers, is in the midst of a global expansion effort. based company, which operates in Europe and Australia, announced two major milestones this week: a tie-up with Mastercard that will help fuel a planned U.S. rollout, and a launch in Singapore.

US 170

US Marketing Digital Banking Operations 170

PYMNTS

JANUARY 14, 2021

percent market rate that the National Retail Federation (NRF) had predicted, according to the release. PSCU found that holiday purchases took place much earlier in November compared to past years as merchants marketed “Black Friday” sales at the beginning of November to contend with market uncertainty amid the coronavirus.

Innovation Strategies 155

Innovation Strategies Cards Analytics Retail 155

Bank Innovation

MARCH 12, 2020

The impact of the novel coronavirus and the economic shockwaves from the stock market downturn and associated travel and work restrictions are yielding unresolved questions for startup founders and investors alike. Long-term bets are facing new scrutiny, and prospects of healthy returns are facing new obstacles.

Marketing 300

Marketing Innovation Strategies Groups Capital 300

PYMNTS

JULY 1, 2019

When it comes to technological innovation, however, the smaller players have long been outgunned by larger FIs and their sizable IT budgets. Today, small banks are more aggressive and ambitious in their innovation strategies than medium-sized and large FIs. This is changing — in a big way. On average, these FIs designate 45.7

Innovation 157

Innovation Innovation Strategies Survey Groups 157

PYMNTS

DECEMBER 31, 2020

For this reason, the Tracker notes that “many CUs are focusing on entering the small business banking market and are looking to snag some of the $500 billion that small to mid-sized businesses (SMBs) are spending on bookkeeping, invoicing, payments and related services. They must confront one major obstacle in doing so, however: big banks.

Survey 235

Survey Arizona Innovation Innovation Strategies 235

PYMNTS

JULY 17, 2018

The credit union (CU) market has long argued that rules intended for larger, more traditional banks have unjustly been applied to their industry, stifling their growth and pace of innovation. However, recent changes in regulations could open new doors for the credit union market to more efficiently serve its members.

Hawaii 100

Hawaii Marketing Report Texas 100

Bank Innovation

OCTOBER 2, 2019

This week, PayPal expanded the scope of its global ambitions through a 70% equity stake in Chinese payments company Guofubao Information Technology, which is known as GoPay. Through it, PayPal acquired a license to operate in China and access to millions more customers.

Marketing 170

Marketing Operations Payments Technology 170

PYMNTS

JULY 29, 2019

Credit unions (CUs) rely on their members’ loyalty to compete in a saturated financial services market. This means CUs must be carefully attuned to member’s financial needs and the innovations they want most as CUs invest in new products and services aimed at improving the way members engage with their FIs. About the Tracker.

Pennsylvania 173

Pennsylvania Analytics Maryland Innovation 173

Bank Innovation

OCTOBER 23, 2019

Luge Capital, a fintech venture capital firm based in Toronto and Montreal, serves a growing ecosystem of startups north of the border. This week, it closed a C$85 milion ($65 million) fund for fintech and AI solutions. “If you’re an early-stage fintech company, the number of investors you have to pick from is very, very […].

Fintech 186

Fintech Capital Marketing Company 186

Bank Innovation

SEPTEMBER 17, 2019

The strategy won’t result in any immediate changes in customer experience. On the heels of the fifth anniversary of Citizens Bank‘s IPO next week, the bank has launched a product and brand approach based on customer journeys called Made Ready.

Customer Experience 199

Customer Experience Data Branding Strategy 199

Bank Innovation

MARCH 6, 2020

We have seen considerable growth in the [German] market,” said Oliver Schmid, general manager of Iwoca. 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 300

Lending US System Management 300

PYMNTS

AUGUST 8, 2018

FIs need to think of innovation less as an isolated project, and more as a continual process. And, to keep that process going, FIs need to regularly collect market feedback to ultimately optimize their consumer experience. 80 percent of Top Performers focus innovation efforts on making new features for existing products.

Innovation 109

Innovation Report Innovation Strategies Survey 109

Bank Innovation

JANUARY 20, 2020

Singapore is becoming a haven for e-commerce companies looking to get into banking in Asian markets. In 2019, the Monetary Authority of Singapore announced it would issue three digital wholesale bank licenses and two digital full bank licenses, challenging Singapore’s legacy financial institutions, CNBC reported.

Fintech 293

Fintech Marketing Report Company 293

Bank Innovation

MARCH 27, 2020

facing lawsuits over crashes on its trading platform amid violent stock market swings, is now being accused of offering a “$75 goodwill credit” to dupe customers into waiving their legal rights. Robinhood Financial Inc.,

Florida 284

Florida Online Marketing Company 284

BankInovation

JULY 30, 2020

We are going to put aggressive marketing dollars behind this to make […]. During the company’s second-quarter earnings call, Daniel Schulman, PayPal CEO, said the QR code rollout will target merchants that consumers use daily, creating deeper customer relationships. “We

Strategy 91

Strategy Marketing Payments Customer Experience 91

Bank Innovation

JULY 11, 2019

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US 170

US Marketing Cards Innovation Strategies 170

Bank Innovation

FEBRUARY 12, 2020

since June 30, 2018, S&P Global Market Intelligence reported.? As of January, there were 3,989 in-store branches of FDIC-insured institutions housed within retail stores, a decrease of 2.3% since June 30, 2019, and 6.5% Despite this dropping number of in-store branches, annual deposits had increased 7.2%.

FDIC 243

FDIC US Retail Digital Banking 243

Bank Innovation

APRIL 7, 2020

A handful of fintech providers are bringing SBA Paycheck Protection Program loan platforms to market, a move that could be the industry’s moment to shine. The real opportunity here is going to be the administration of loans,” said CB Insights senior research analyst Arieh Levi. “If

Fintech 259

Fintech Marketing Innovation Strategies Strategy 259

Bank Innovation

NOVEMBER 26, 2019

Billionaire Jack Ma’s Ant Financial is planning to raise about $1 billion for a fund that will invest in startups from Southeast Asia to India and help strengthen its foothold in fast-growing mobile internet markets, a person familiar with the matter said.

Regional 259

Regional Mobile Marketing Company 259

Bank Innovation

MARCH 10, 2020

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. Xolo is a subscription-based freelance accounting and banking platform that allows freelancers to manage cash flow and legal needs.

Capital 243

Capital Management Marketing Payments 243

Bank Innovation

FEBRUARY 11, 2020

reported fourth-quarter revenue that topped analysts’ estimates and gave an optimistic forecast for this year, boosted by holiday shopping and add-on services such as payment and marketing tools. Shopify Inc. The shares surged the most in almost four years. Sales grew by 47% to $505.2

Payments 243

Payments Tools Marketing Report 243

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

PYMNTS

JUNE 1, 2020

The challenger bank has run on a cloud banking model since its 2012 launch and is available for business and consumer use in 30 European markets, including Austria, Germany and the Netherlands. It is not the technology itself that is important, however, but the strategy behind it.

Innovation 132

Innovation Strategy Innovation Strategies Security 132

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

JANUARY 28, 2020

Lynn Marie Auzenne, chief marketing officer at Beneficial State Bank (BSB), told sister publication Auto Finance News that the bank is revamping […].

Policies 221

Policies Marketing Innovation Strategies Strategy 221

Bank Innovation

JANUARY 23, 2020

Invoicing and accounts payable company AvidXchange has raised $260 million in equity funding, which co-founder and CEO Michael Praeger said would help grow the company’s sales, marketing, product development and engineering teams.

Marketing 221

Marketing Company Customer Experience Innovation Strategies 221

Bank Innovation

DECEMBER 29, 2019

The past year saw digital lenders enhance their product suites beyond credit, as big banks focused on adding features to their digital platforms to keep customers in their ecosystems, S&P Market Intelligence reported in a December research note. “Such expansion […].

Study 221

Study Marketing Report Innovation Strategies 221