PYMNTS

JUNE 18, 2020

The platform has enabled the use of shared IT infrastructure and services to create a flexible, scalable, and on-demand internet technology (IT) environment, according to the report. The onset of COVID-19 has accelerated its use even more dramatically since March.

Resources 221

Resources Innovation Strategies Analytics Innovation 221

Bank Innovation

DECEMBER 2, 2019

based bank with $273 million in assets, is using ‘cash sweep’ technology to gain large deposits from public funds without having to put up its own assets as collateral. Bank of Franklin County, a Washington, Mo.-based

Missouri 364

Missouri Washington Security Technology 364

Bank Innovation

SEPTEMBER 29, 2016

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

Innovation 150

Innovation Innovation Strategies Strategy Fintech 150

Bank Innovation

SEPTEMBER 28, 2018

One of the largest retail banks in America has a simple yet multifaceted innovation strategy. Bank Innovation spoke with U.S Bank Executive Vice President, Chief Innovation Officer, Dominic Venturo, on which direction the bank is headed, digitally. Bank Innovation: Last quarter we reported that U.S.

Digital Strategies 150

Digital Strategies Innovation Strategy Innovation Strategies 150

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

PYMNTS

MAY 13, 2019

percent of FIs said their innovation strategies are driven by wanting to be first to market. At the same time, FIs face a familiar set of technological challenges that have hampered innovation in the past. Today, FIs are focusing on a mix of new products and features to a greater extent, and 53.6

Innovation 194

Innovation Innovation Strategies Strategy Trends 194

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

Payments Source

OCTOBER 3, 2019

Transit systems want to use contactless and open payment systems to address ridership declines, an innovative strategy that nonetheless is riddled with pain points due to how transit has traditionally modernized.

Innovation 76

Innovation Innovation Strategies Technology Payments 76

PYMNTS

APRIL 8, 2019

While Alexa skills haven’t taken off with the masses yet, the healthcare industry is hopeful it will given younger adults are more comfortable with technology. 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

Bank Innovation

JANUARY 6, 2020

plans to recruit 2,500 programmers this year for the unit that houses its traders and investment bankers, bulking up on coders and data scientists as technology reshapes the business. Citigroup Inc.

Technology 243

Technology Operations Data Innovation Strategies 243

Bank Innovation

MARCH 10, 2020

The rollout of Amazon’s cashierless checkout technology stack to other retailers could amount to a double-edged sword for payments startups offering similar tools, as it offers new opportunities to compete while adding pressure to their business models.

Retail 259

Retail Tools Technology Payments 259

Bank Innovation

FEBRUARY 3, 2020

Smiley Technologies, a core banking provider focused on community banks, is trying to help its bank clients secure larger deposits by partnering with deposit technology company Reich & Tang.

Community Bank 221

Community Bank Software Community Technology 221

PYMNTS

JULY 31, 2019

However, financial institutions (FIs) are getting better at separating vital areas of innovation from the hype. Banks are increasingly focusing on the fundamentals when determining their innovation agendas. Payment technology is in many ways the flagship among the fleet of innovations that banks are pursuing.

Innovation 151

Innovation Report UX User Experience 151

Bank Innovation

DECEMBER 10, 2019

The firm, which closed a $250 million fund in 2015, primarily invests in business-to-business technology companies. -based growth equity firm, closed its second fintech valued at $375 million this week. Its portfolio includes nine firms, including digital identity companies Jumio and SheerID, workplace benefits platform Ease […].

Fintech 293

Fintech New York Technology Company 293

Bank Innovation

FEBRUARY 10, 2020

As banks continue to explore best practices around handling customer data, insight from core technology provider Fiserv suggests open banking can help banks compete with fintechs and large incumbents alike. “By

Innovation 284

Innovation Fintech Data Technology 284

Bank Innovation

JANUARY 29, 2020

Revolut Technologies Inc. Mastercard Inc.’s s new initiative to team up with more startups on credit cards is starting to pay off. The company has been starting card programs for fintechs including Brex Inc., and TransferWise Inc., and has unveiled programs designed to make it easier for startups to join Mastercard’s network.

Cards 284

Cards Fintech Technology Company 284

PYMNTS

JANUARY 18, 2019

For corporations that want to stay ahead of the competition, innovation is a must, but developing and supporting a payment solution can prove challenging. Instead, many rely on their FIs to create this kind of technology, which presents these institutions with a number of hurdles. Flexible and Far-Reaching .

User Experience 189

User Experience Innovation Strategies Payments System 189

BankInovation

DECEMBER 21, 2020

The post Banking Darwinism: Technology adaptations for a post-COVID world first appeared on Bank Innovation. We’re witnessing this theory in real time. For years, banking has […].

Technology 92

Technology Innovation Innovation Strategies Strategy 92

Bank Innovation

APRIL 17, 2020

For TD, it has meant turning its cybersecurity centers into technology “war rooms” to handle the rapidly changing needs of customers facing a new reality.? The coronavirus pandemic has forced many bankers and bank processes to pivot in unexpected ways.

US 273

US Technology Customer Experience Innovation Strategies 273

Perficient

MARCH 8, 2023

The program has 10 courses in topics including business finance, digital marketing, and innovation strategy. Gender diversity is an essential component of delivering elevated business strategies. As part of the initiative, Goldman Sachs developed a free online business education program available to women globally.

Innovation Strategies 275

Innovation Strategies Study Marketing Strategy 275

Bank Innovation

AUGUST 2, 2019

“Leveraging technologies like AI and machine learning, voice and audio, our customers can engage in a way that makes this experience more intuitive […]. To TD Ameritrade, checking up on a portfolio is a task customers should be able to do on the go.

Video 271

Video Technology Innovation Strategies Strategy 271

Bank Innovation

APRIL 3, 2020

As banks scramble to stand up digital interfaces and participate in the SBA Paycheck Protection Program (PPP) that launched today, fintech providers are rolling out different technology platforms to help lenders process the flood of small business loan applications.

Fintech 273

Fintech Security Technology Innovation Strategies 273

Bank Innovation

OCTOBER 24, 2019

Technology and the rise of fintechs have called into question almost every traditional banking model, requiring banks to either adapt or be left behind. In today’s digital age, some banks have been slow to innovate or to create a more […].

Innovation 253

Innovation Fintech Industry Technology 253

Bank Innovation

SEPTEMBER 23, 2019

Tom Eck, Global Chief Technology Officer of Industry Platforms at IBM, told Bank Innovation that the number of startups in Catalogue is a result of significant effort on the part of the technology […].

Fintech 231

Fintech Software Innovation Industry 231

Bank Innovation

MAY 1, 2020

Banks are accelerating their technology projects in light of the coronavirus pandemic. Whether its Happy State Bank pushing out video teller machines or TSB Bank launching a virtual assistant in five days, banks are trying to find new ways to connect with customers during times of social distancing. Legacy banks in the U.S.

Video 259

Video Innovation Technology Customer Experience 259

Bank Innovation

APRIL 29, 2020

Great Southern Bank is using lending technology from the cloud banking vendor nCino to increase efficiency for commercial and retail loan officers. “We

Lending 259

Lending Retail System Operations 259

Bank Innovation

APRIL 27, 2020

With the success of the stand-alone digital bank, which launched in January 2019, Midwest BankCentre is now incorporating new technologies into its traditional online banking. Louis-based Midwest BankCentre, gained $130 million in deposits in 2019. Rising Bank] is helping us learn to do business in this digital space,” […].

St. Louis 259

St. Louis Digital Banking US Online 259

Bank Innovation

APRIL 16, 2020

We are excited to welcome their customers and deliver on the types of technology and features they have grown to love,” said […]. As Moven begins shutting down its consumer-facing businesses, the digital banking platform is funneling its customers to Varo Money.?

Digital Banking 259

Digital Banking Technology Customer Experience Innovation Strategies 259

Bank Innovation

APRIL 7, 2020

Together with Galileo, we will partner to build on our companies’ strengths to drive even greater financial technology innovation, making those products and […]. In a year of major fintech acquisitions, SoFi today announced a $1.2

Financial Technology 259

Financial Technology Innovation Fintech Technology 259

Bank Innovation

APRIL 6, 2020

We are ensuring [employees] continue to operate at the highest standards with the proper technological tools and access so they […].

Tools 259

Tools Operations Technology Customer Experience 259

Bank Innovation

MARCH 19, 2020

With the novel coronavirus forcing employees to work from home, banking technology and security infrastructures are being put to the test.? 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.

Security 51

Security Operations Management Technology 51

Bank Innovation

FEBRUARY 16, 2020

The modernization of core banking tools and loyalty point redemption mechanisms are key priorities for banking technology provider FIS. In a fourth-quarter earnings call last week, the Jacksonville, Fla.-based

Jacksonville 259

Jacksonville Tools Technology Report 259

Bank Innovation

FEBRUARY 12, 2020

Nova Credit, a startup whose technology helps banks underwrite immigrants, is growing its auto finance and mortgage offerings. The San Francisco-based company, which partners with such large institutions like American Express, allows institutions to pull foreign credit data to develop U.S.-equivalent

San Francisco 259

San Francisco Data Technology Company 259

Bank Innovation

FEBRUARY 6, 2020

is staking its consumer-banking strategy on digital technology. Three of the group’s top leaders — the chief executive officer, the head of digital technology and the chief of digital customer experience — have moved to new roles or […]. JPMorgan Chase & Co.

Digital Strategies 221

Digital Strategies Strategy Customer Experience Technology 221

PYMNTS

AUGUST 8, 2018

Now, in the series’ capstone edition, PYMNTS combines the survey findings from the first five playbooks to generate a comprehensive blueprint for implementing an effective innovation strategy. 80 percent of Top Performers focus innovation efforts on making new features for existing products.

Innovation 109

Innovation Report Innovation Strategies Survey 109

PYMNTS

JULY 23, 2020

This is just one of many questions PYMNTS, in collaboration with PSCU , set out to answer in the Credit Union Innovation Playbook: Card Trends Edition. The pandemic has forced CUs to rethink their card innovation strategies, however, particularly as the total amount of credit being issued to consumers dropped 9.5 Moreover, 89.4

Innovation 174

Innovation Report Cards California 174

Bank Innovation

AUGUST 9, 2019

As credit unions look to improve their technology on smaller budgets, one solution is to band together and pool assets. On Thursday, six credit unions did exactly that to improve their online payment capabilities through an investment in the digital payments company Payrailz.

Payments 253

Payments Online Technology Company 253