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Texas-based Sage Capital Bank has partnered with digital banking solutions provider Apiture. Courtesy of the partnership, Sage Capital Bank will deploy Apiture’s Consumer Banking, Business Banking, and Digital Account Opening solutions, as well as its Data Intelligence solution.
He brings over 30 years experience in financial services with senior roles across global banking, private equity and accounting. He also joins the board of Quantum as director of fintech and banking, helping with its plan to list on the London Stock Exchange in 2026. Radford previously held the CEO role at Revolut UK from 2020 to 2023.
Indiana-based New Washington State Bank (NWSB) has selected Apiture’s Digital Banking Platform to power its online and mobilebanking solutions. The communitybank will also deploy Apiture’s Account Opening and Data Intelligence solutions to onboard customers faster and to offer tailored campaigns.
Communitybanking can be one of the most rewarding and most challenging areas of financial services in which to work — that’s the view, anyway, of Rebeca Romero Rainey, president and CEO of Independent Community Bankers of America (ICBA) , who recently joined the nation’s leading advocacy organization that exclusively represents communitybanks.
5), J.P.Morgan CEO Jamie Dimon said banks that don’t adapt in how they deal with customers will go the way of the dinosaurs. Banks are good at creating pain points by making customers sign several forms and documents, Dimon told Sibos attendees. “We We’re a mobile app, and that’s how we deliver our services.”. On Monday (Oct.
To regain some of that ground, Connie Davis, senior vice president at FIS , told PYMNTS in a recent interview, FIs — particularly credit unions (CUs) and communitybanks — must transform the way they think about digital offerings and connected experiences. That means they can compete more effectively against digital-only competitors.
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. Communitybanks approved 49 percent of SMB loan applications in November, according to the latest data from the Biz2Credit Small Business Lending Index.
The rise of FinTech, the increasing globalization of finance — and even ravages of the coronavirus, which is making us all bank and transact across phones — all have pointed to one simple, urgent question: Just what is a bank, anyway? In a recent PYMNTS study , What is a Bank: What U.S. As many as 36.8
Are communitybanks missing the chance to climb aboard the faster payments train? With various banks and FinTechs producing innovative solutions — like mobilebanking and P2P tools aimed at improving the speed of payments — the pressure is on for communitybanks to keep up. faster payments system.
Apiture, a leading provider of digital banking solutions, today announced that Surety Bank, a Florida-based communitybank with customers nationally, has selected the Apiture Digital Banking Platform to power online and mobilebanking for its commercial and retail customers.
Apiture, a leading provider of digital banking solutions, today announced that Surety Bank, a Florida-based communitybank with customers nationally, has selected the Apiture Digital Banking Platform to power online and mobilebanking for its commercial and retail customers.
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.,
Apiture, a leading provider of digital banking solutions, today announced that The Freedom Bank of Virginia (Freedom Bank), a next-generation communitybank headquartered in Fairfax, Virginia, has converted its online and mobilebanking solutions to the Apiture Digital Banking Platform.
Wintrust Financial Corporation has selected global enterprise technology provider NCR Corporation to provide its new digital-first banking platform, according to a press release. Wintrust’s investment in digital-first banking positions them for success in the increasingly challenging financial services landscape.”.
Consumers’ affinity for onlinebanking solutions, especially mobilebanking, is far from new. The COVID-19 pandemic is highlighting how necessary these solutions are for consumers’ banking needs, however, and how high their standards for these channels have become. Around The Credit Union World.
credit unions and banking institutions to its platform this month, according to a report. The list of banks added to the list has been growing recently, including international ones as well. 6, Google announced that Danske Bank would support the app. The American banks are: Arundel Federal Savings Bank. Evans Bank.
The new coronavirus had an immediate and profound effect on the financial services industry, as brick-and-mortar bank branches closed to protect public health. Those closures meant that many consumers in countries like the United States were left only with digital platforms to access their bank accounts or to conduct necessary transactions.
And according to five observers across the spectrum of traditional financial institutions (FIs), payment networks and digital-only banks, opportunities are there for digital-first and hybrid models alike to succeed — so long as they harbor a relentless focus on identifying and solving customer problems. The Great Stress Test.
A new report from FIS finds small businesses continue to feel fed-up with their big banks, despite a rebound in large bank loan approval rates for SME borrowers. The research, published last week, found that there are more aspects to small business banking than borrowing money that are frustrating SME customers.
Embedded finance and digital banking solutions provider Finotta has announced a strategic partnership with Constellation Digital Partners (Constellation). Embedded finance and digital banking solutions provider Finotta forged a strategic partnership with Constellation Digital Partners (Constellation).
Digital banking solutions provider Apiture has announced that US-based communitybank Ephrata National Bank (ENB) , has selected its platform to power its online and mobilebanking solutions, according to IBS Intelligence.
Most consumers probably don’t have strong opinions about their banks, since the relationship tends to be more transactional than emotional. However, in the 2019 Retail Banking Report, a study by Reputation.com that analyzed online data relating to retail banking locations for 23 major U.S. Bank responded to 71 percent.
The fourth quarter of 2018 was kind to Venmo and Zelle , the two big peer-to-peer (P2P) services that are battling for consumer loyalty and market supremacy — a fight that pits PayPal , the owner of Venmo, against the banks that operate Zelle. Zelle Bank Gains. The numbers tell a story of ongoing growth and more consumer acceptance.
Despite banks’ best efforts to move more of their customers online – and thus lessen the need for overhead-heavy branches – consumers are turning out to be way more into visiting the local branch than initially imagined. Which is a bit of a problem, since there are objectively fewer banks now than there were even five years ago.
They want to know their money is secure, they want to have a positive experience whether they are online or talking to a teller, and when things go wrong from time to time, they want to know the path to getting them set back to rights is short and straight. “It According to this survey of credit union customers, an overwhelming 81.3
Even so, it doesn’t veer too much toward the illusionary and nostalgic to submit the proposition that banking, and other financial services , used to be much more personalized — much more one on one — than is the case now. percent of banks have genuine artificial intelligence systems in place. The report found that 81.8
Tuum: Raised $48M for its modular banking technology, gaining traction with banks and financial institutions across Europe. Mahalo Banking: Raised $21M for its banking software; successfully launched new features, experiencing strong growth in client base. QuickFi : Reported a 45% increase in loan volume.
Visa’s Innovation Center aims to increase collaboration among teams working on tech solutions spanning tokenization, payment apps, mobile location confirmation, and more. DBS Bank — DBS Asia X (DAX). Customers can use this feature in three ways: ATM access code, mobile wallet access at the ATM, and mobile wallet at the teller.
The end of the year provides a unique challenge to banks. For banks it’s a good time to run a few simple messages: Thank customers for a great year. Detail holiday branch hours & service options (extra credit for a plug for online/mobilebanking). Banks in the Holiday Spirit.
The top executives of seven of the biggest banks in the U.S. After all, the hearing was titled “Holding Megabanks Accountable: A Review of Global, Systemically Important Banks 10 years after the Financial Crisis.”. Seven up and, depending on how one likes their congressional hearings, less than lucky number seven? The Big Picture.
The top executives of seven of the biggest banks in the U.S. After all, the hearing was titled “Holding Megabanks Accountable: A Review of Global, Systemically Important Banks 10 years after the Financial Crisis.”. Seven up and, depending on how one likes their congressional hearings, less than lucky number seven? The Big Picture.
Agentic AI solutions provider for communitybanks and credit unions, interface.ai , has introduced a pair of new tools to help fight deepfake fraud. The former replaces onlinemobilebanking with an AI assistant that provides intelligent guidance and personalized assistance. ” interface.ai
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