PYMNTS

JULY 14, 2017

Power has found that while more Canadians are utilizing and happy with mobile banking, customer satisfaction with other banking channels and services is on the decline. Power 2017 Canadian Retail Banking Satisfaction Study, in conjunction with the J.D. According to a press release announcing the news, the J.D.

Mobile Banking 43

Mobile Banking Online and Mobile Banking Addressing On-Demand 43

Fintech News

MAY 23, 2024

Confronted by shifting factors such as tech advancements, generative AI, high interest rates, increased institutional oversight, and evolving customer expectations — the best banks must adapt their business and operating models in 2024, including in Asia. CHINA #1 China Merchants Bank China Merchants Bank Co.,

Online and Mobile Banking 133

Online and Mobile Banking Treasury Non-Bank Credit Cards 133

PYMNTS

SEPTEMBER 1, 2020

Wells Fargo is launching a new, low-cost bank account — with access as well to a new digital payments service — in its latest move to push beyond a series of scandals. bank account, the bank noted in its announcement. The bank said it will also waive the $5 fee for younger account holders ages 13 to 24.

Digital Payments 93

Digital Payments Accounts Zelle Online and Mobile Banking 93

Wharton Fintech

OCTOBER 30, 2023

Narmi’s Co-Founder Nikhil Lakhanpal — building an API-driven digital banking platform In today’s episode, Kailee Costello hosts Nikhil Lakhanpal , Co-Founder at Narmi. Narmi’s mission is to offer financial institutions the best digital banking platform in the industry. A really big part of that is the core banking system.

API 130

API Online and Mobile Banking FedNow Credit Union 130

CB Insights

FEBRUARY 13, 2020

As businesses and consumers become more comfortable using credit cards online, the proportion of US commerce that takes place online has steadily increased over the last 20 years. Specifically, the Collisons aimed to more seamlessly connect online businesses and payment processors, allowing more businesses to accept online payments.

Online and Mobile Banking 98

Online and Mobile Banking Payment APIs and Integration Payments Push-to-Card 98

PYMNTS

NOVEMBER 28, 2016

For years, financial institutions have relied heavily on face-to-face interactions at the bank branch in order to determine the financial needs of their customers. But today, banks are struggling to make these complex decisions because, in many branches, customers are nowhere in sight. How can banks truly do more?

Online and Mobile Banking 72

Online and Mobile Banking Mobile Payments Checks Consumer 72

Open Banking Excellence

AUGUST 23, 2023

When generative AI arrived, it already had a huge infrastructure to draw upon, as well as the staggeringly large corpus of human knowledge published online during the past few decades. Then, in 2016 we introduced Einstein, which was the first comprehensive AI for customer relationship management (CRM).

AI 130

AI Risk Online and Mobile Banking CRM 130

FICO

FEBRUARY 23, 2016

The China Financial Certification Authority expects that mobile banking customers will account for around 24% of the total e-banking users in 2015, and that 40% of those will buy financial products through their smartphones. So far, in just over a year, the bank has received more than 3.5 April 26-29.

Online and Mobile Banking 58

Online and Mobile Banking Credit Cards Advisors Mobile Banking 58

PYMNTS

MAY 9, 2017

Mobile payments using biometrics to authenticate the user is forecasted to reach close to $2 billion in 2017, up from $600 million last year, according to new data from Juniper Research. What’s more, 90 percent said they think they would use biometrics for online payments in the future because they see it as a more secure method.

Mobile Payments 55

Mobile Payments Online and Mobile Banking Authentication Payments 55

PYMNTS

JANUARY 26, 2021

CU members who reported shopping online at least several times a week increased by nearly 50 percent since the pandemic began last spring. Affinity Federal Credit Union is one such CU that began upgrading its systems in 2016 as the New Jersey-based CU began its evolution to an automated service model.

Credit Union 110

Credit Union Contactless Payments Online and Mobile Banking Credit Union Service Organization 110

FICO

DECEMBER 4, 2017

As the proud winner of my local fantasy league’s 2016 trophy (pictured above), I’m keenly focused on gearing up for my 2017 playoff run. Not a mobile payment, Venmo or Zelle, PayPal or Cashbot was in sight. Mobile Payments Proliferate. I’m concerned about the emergence of yet another opportunity for mobile payments fraud.

Mobile Payments 64

Mobile Payments Zelle Online and Mobile Banking ATM 64

PYMNTS

SEPTEMBER 7, 2016

“Around the globe, we continue to work with our bank and merchant customers to deliver new features and functionality to Masterpass that not only solve for their needs but address the issues facing the ultimate customer — the consumer. In doing so, we’ve developed a platform that’s second-to-none and unique in the market today.

Online and Mobile Banking 41

Online and Mobile Banking Issuers Visa Digital Payments 41

PYMNTS

JUNE 7, 2017

The latest Expectations & Experiences consumer trends survey from Fiserv , a leading global provider of financial services technology solutions, finds that consumers are paying more bills from mobile devices while slowly starting to venture into digital wallets.

Consumer 46

Consumer Online and Mobile Banking Debit Card P2P 46

PYMNTS

DECEMBER 1, 2017

This year, Capital One researchers found that treasurers are especially interested in mobile banking capabilities as they seek new tools for their profession. At a time when we’re seeing mobile adoption continuing to gain traction, we hold ourselves to the highest standards to deliver an unparalleled customer experience.”.

Treasury Management 40

Treasury Management Online and Mobile Banking Treasury Cybersecurity 40

PYMNTS

MARCH 3, 2017

Andrey Pozhogin, cybersecurity expert at Kaspersky Lab North America , joined PYMNTS to discuss the latest trends across the financial cyberthreat landscape and why the widespread threats of financial phishing, banking malware and Android banking malware are only getting bigger. are the ones most often attacked by banking malware.

Phishing 66

Phishing Online and Mobile Banking Credential Security 66

Fintech Labs Insights

AUGUST 31, 2016

The ongoing migration to mobile provides financial institutions a chance to reboot their approach to delivering information digitally. Digital banking v1.0 desktop online banking) was primarily about porting paper-based statements into an online format. Digital banking v2.0 It’s a good long-term move.

Mobile Banking 22

Mobile Banking Online and Mobile Banking Credit Union Non-Bank 22

PYMNTS

JULY 17, 2019

Zelle P2P payments increased 79 percent year-over-year (YoY) in the second quarter of 2019, Bank of America said Wednesday (July 17), signaling the latest burst of growth for that payment method. In its Q2 2019 financial release , Bank of America also gave updates on its mobile and digital efforts. billion for U.S.

Zelle 47

Zelle Online and Mobile Banking Debit Card Payments 47

The Paypers

APRIL 1, 2016

(The Paypers) Hellenic Bank Association (HBA), the representative body of the majority of Greek and foreign credit institutions operating in Greece, and MyBank , an e-authorisation solution that enables customers to pay for their online purchases via their regular online or mobile banking environment, have announced that four local banks will implement (..)

Online and Mobile Banking 34

Online and Mobile Banking Mobile Payments Transactions Mobile Banking 34

CB Insights

AUGUST 23, 2018

trillion in total assets, JPMorgan Chase is the largest bank in the US. Its retail bank, Chase, spans 61 million American households. Led by Chairman and CEO Jamie Dimon, the bank is undergoing a transformation, moving away from offline legacy systems and into the digital age. Live briefing: Consumer Banks in The Digital Age.

Consumer 76

Consumer Online and Mobile Banking Credit Cards Push-to-Card 76

CB Insights

AUGUST 3, 2017

Latin America’s fintech scene is gaining momentum, with 80+ fintech deals closing for around $300M in 2016, and over 100 deals already closed in 2017. Latin America fintech companies are creating solutions aimed at rethinking banking, lending, and payments in the region. Digital Banking. Digital Banking. 630+ items.

FinTech 65

FinTech Online and Mobile Banking Digital Currency Cryptocurrency 65

PYMNTS

JANUARY 30, 2019

Bank of America is giving free trades to its most loyal members, according to a report by Bloomberg. The bank will expand the eligibility for free trades on stocks and exchange-traded funds to the upwards of 5.25 million customers enrolled in the bank’s preferred rewards program. In all, Bank of America now has 36.3

Zelle 56

Zelle Online and Mobile Banking P2P Enrollments 56

PYMNTS

JUNE 30, 2016

Today marks the last day of June 2016, which means we’re halfway through the year. And what better way to mark that milestone than with a monthly recap of the Top 12 news items in one major market in the payments ecosystem: mobile payments. Here’s what you may have missed this month from some of the top mobile pay players.

Online and Mobile Banking 41

Online and Mobile Banking Mobile Payments PayPal Visa 41

PYMNTS

OCTOBER 21, 2016

20) it has signed a memorandum of understanding (MoU) with Mastercard to roll out Masterpass QR, a mobile payment solution, across 33 African countries. Soon, 32 more countries across Africa will receive the benefits of the partnership by the end of 2016. The Ecobank Group announced Thursday (Oct.

Online and Mobile Banking 59

Online and Mobile Banking Visa Digital Payments Agreements 59

PYMNTS

DECEMBER 14, 2018

Banks and businesses handling personal information face a delicate balancing act as global systems embrace smarter payments. Data is crucial and — fortunately, for banks and businesses in the smarter payments space — plentiful. financial services sector as consumers embrace digital technology for the banking and retail industry.

Payments 72

Payments Online and Mobile Banking Regulations Faster Payments 72

PYMNTS

NOVEMBER 30, 2017

was raised in 2016 from £20 to £30, the overall volume of contactless payments tripled. As of 2016, total banknotes in circulation grew by 10 percent to reach £70 billion — the fastest growth in a decade, according to the Bank of England (BoE). in 2016, according to BoE’s data. continues to climb. And rightfully so.

Contactless Payments 66

Contactless Payments Alternative Payment Methods Online and Mobile Banking ATM 66

PYMNTS

AUGUST 17, 2017

With more consumers moving to mobile transactions over visits to branches, some banks are considering closing brick-and-mortar locations to reduce operational costs. The price of real estate is prompting even the largest players in the banking world to scale back their branch operations. Can banks have it both ways?

Online and Mobile Banking 53

Online and Mobile Banking Non-Bank FinTech Checks 53

CB Insights

SEPTEMBER 10, 2019

A 2018 survey by Bank of America shows that millennials’ top financial priorities were saving for emergency funds (64%), saving for retirement (49%), and saving to buy a house (33%) — not much different from the concerns their baby boomer parents had 30 years ago. From big banks to big tech. From big banks to big tech.

Finance 77

Finance Online and Mobile Banking Micro-Entry Advisors 77

Finovate

APRIL 18, 2024

Bankjoy, a digital banking provider for banks and credit unions, announced a partnership with Pinwheel this week. Bankjoy will help its more than 70 bank and credit union customers integrate Pinwheel’s digital deposit switching (DDS) solution, Pinwheel Prime.

Direct Deposit 59

Direct Deposit Accounts Credit Union Online and Mobile Banking 59

CB Insights

DECEMBER 4, 2019

If Amazon can get you lower-debt payments or give you a bank account, you’ll buy more stuff on Amazon.”. Based on our findings, it’s hard to claim that Amazon is building the next-generation bank. In aggregate, these product development and investment decisions reveal that Amazon isn’t building a traditional bank that serves everyone.

Online and Mobile Banking 101

Online and Mobile Banking Push-to-Card Payment APIs and Integration Non-Bank 101

Fintech News

FEBRUARY 7, 2024

Netbank – US$344 million (Series A, Philippines) Filipino banking-as-a-service (BaaS) provider Netbank secured the largest funding round in Southeast Asia (excluding Singapore) last year, raising in May 2023 a US$344 million Series A funding round, data from KPMG and Pitchbook show. billion (US$36 million) in premiums.

FinTech 109

FinTech Online and Mobile Banking Non-Bank On-Demand 109

PYMNTS

FEBRUARY 20, 2019

A look at Tencent’s recent investment activity tells a story about the modern state of eCommerce and the digital economy, and about the demands of online consumers across the world. For instance, India has emerged as a battleground for online retail and digital, mobile payments, with tech startups in that country raising some $10.5

Online and Mobile Banking 51

Online and Mobile Banking Economy Mobile Payments Mobile Banking 51

PYMNTS

FEBRUARY 20, 2018

It doesn’t look like global banking regulators will be rushing to change their rules for FinTechs anytime soon. According to Reuters , traditional banks will feel the impact if FinTechs start offering services such as payments, crowdfunding, mobile banks and online trading.

Regulations 40

Regulations Rules FinTech Online and Mobile Banking 40

PYMNTS

JANUARY 25, 2017

Like so many other industries, banking sure isn’t what it used to be. Modern technology has revamped everything from retail to shipping, and financial services has been transformed from a brick-and-mortar business, with most transactions being conducted in person at bank branches and other physical locations, to a digital endeavor.

Online and Mobile Banking 46

Online and Mobile Banking Wire Wires Breach 46

PYMNTS

JANUARY 9, 2018

With big banks pulling back from small and medium-sized business (SMB) lending in the wake of the global financial crisis, the market was ripe for someone else to fill the credit gap. Community banks approved 49 percent of SMB loan applications in November, according to the latest data from the Biz2Credit Small Business Lending Index.

Community Banks 52

Community Banks FinTech Small Business FDIC 52

CB Insights

JULY 19, 2017

With industries being unbundled left and right ( supermarkets , banking , cars — just to name a few) more companies are opening up in-house innovation labs every day. Innovation Lab Name: IBM Mobile Innovation Lab. Avaya Labs Research center focuses on WebRTC, mobility, cloud, and video solutions. Founded: 2016.

Innovation 74

Innovation Online and Mobile Banking Research Technology 74

PYMNTS

SEPTEMBER 29, 2017

For consumers looking for mobile banking options, there’s no shortage of solutions available in digital download stores alone. based, startup, digital and mobile financial firm Starling Bank, the answer has often involved trying to stay ahead in the crowded digital banking race. Pushing forward on partnerships .

Payment APIs and Integration 46

Payment APIs and Integration Online and Mobile Banking Faster Payments Cross-Border 46

Fintech News

FEBRUARY 7, 2024

Netbank – US$344 million (Series A, Philippines) Filipino banking-as-a-service (BaaS) provider Netbank secured the largest funding round in Southeast Asia (excluding Singapore) last year, raising in May 2023 a US$344 million Series A funding round, data from KPMG and Pitchbook show. billion (US$36 million) in premiums.

FinTech 98

FinTech Online and Mobile Banking Non-Bank On-Demand 98