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Are Banks Keeping Pace With The Speed Of Innovation?

PYMNTS

Glen Fossella , CRO of Urban FT , recently joined Karen Webster for a discussion on where innovation in the banking environment is going and how banks — both big and small — are being challenged to keep up. KW: Innovation in the banking sector is blossoming. But I don’t think mobile banking will go away.

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Connecting Small Banks To The Mobile Future

PYMNTS

Nine years after the introduction of the iPhone to the market — and the subsequent great mobile leap forward — the verdict is pretty much in on mobile banking applications: Consumers like it, verging on loving it, and are eager for more of it. The Urban FT Workshop.

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BECU On Why It Pays To Think Like A Challenger Bank

PYMNTS

Consumers’ affinity for online banking solutions, especially mobile banking, 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. Mobile deposits have also increased, according to the CU.

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Baby Steps In Digital B2B Payments

PYMNTS

Offerings from FIs, like mobile banking and electronic payment support, can help encourage businesses to make the shift to ePayments, the executive said, but legacy payment technologies also need to be addressed. Mobile banking has especially evolved along this pattern. “In A Natural Transition.

B2B 41
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MOXY Preps Launch Of New Community Bank With NYMBUS

PYMNTS

.’s Department of Insurance, Securities and Banking, MOXY aims to roll out as the region’s first new community bank in 20 years, and will adopt NYMBUS’s banking, payments and mobile banking tools under the NYMBUS SmartCore platform to build out its own offering, the companies announced in a press release Monday (April 1).

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Coca-Cola Credit Union Chooses Bankjoy As New Mobile Banking Provider

Fintech Labs Insights

Coca-Cola CU (CCCU), an Atlanta-based credit union serving the employees of The Coca-Cola Company and their immediate families, has picked Bankjoy to provide online and mobile banking services for its members. The post Coca-Cola Credit Union Chooses Bankjoy As New Mobile Banking Provider appeared first on Finovate.

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Fintech Hall of Fame: The Top Digital Innovations in Financial Services

Fintech Labs Insights

An ongoing feature in the first 20 years was an ad hoc OBR Best of the Web awarded to new digital features which raised the bar in online/mobile banking. The last one, published in Jan 2014, featured 50 innovations (see below). I’m taking suggestions here (so far: crypto, BNPL, earned-wage access, chatbots, deposit networks).