PYMNTS

OCTOBER 6, 2020

At a time of increased consumer use and acceptance of the new COVID-era digital lifestyle, the pressure is mounting on large, legacy lenders to accelerate their innovations – or become obsolete. 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. On Monday (Oct.

Online and Mobile Banking 102

Online and Mobile Banking ATM Mobile Banking Ubiquitous 102

PYMNTS

OCTOBER 23, 2020

The pandemic continues to affect almost all aspects of consumers’ lives, and their banking interactions are no exception. Consumers are increasingly seeking contactless ways to interact with their financial institutions (FIs), leading to a 200 percent jump in new mobile banking registrations during April. million in July.

Credit Union 60

Credit Union Mobile Banking Online and Mobile Banking Consumer 60

The Payments Association

OCTOBER 28, 2024

This has led to a noticeable uptick in card-related fraud, especially in remote purchases, where criminals use stolen card details for online transactions. While banks and payment providers are making strides in fraud detection and prevention, the report stresses the need for more robust collaboration with technology and telecom sectors.

Scams 88

Scams Push-to-Card Fraud Detection Online and Mobile Banking 88

Fintech Review

FEBRUARY 13, 2024

With innovations like mobile banking, digital wallets, and blockchain technology at the forefront, fintech is leading a financial revolution. However, this rapid growth brings significant regulatory challenges, primarily in balancing the need for innovation with the imperative of consumer protection.

Consumer Protection 105

Consumer Protection Innovation Consumer FinTech 105

Finovate

AUGUST 13, 2024

FORUM Credit Union has selected Apiture’s Business Banking solution to enhance its commercial digital banking experience. Digital banking solutions provider Apiture announced today that FORUM Credit Union will use the fintech’s digital banking capabilities to power its commercial digital banking suite.

Credit Union 105

Credit Union Online and Mobile Banking Innovation Risk 105

PYMNTS

APRIL 11, 2019

After the June 2007 announcement of Apple’s first-ever iPhone and the ensuing buzz around iOS apps, financial institutions (FIs) began developing offerings to ease digital banking. Twelve years later, however, mobile banking has become ubiquitous across much of the global financial ecosystem.

Mobile Banking 49

Mobile Banking Online and Mobile Banking Use Case ATM 49

PYMNTS

NOVEMBER 16, 2016

American consumers have fallen for mobile banking apps, but up to now, most businesses were not seemingly showing apps the same love. With the number of mobile banking customers now outnumbering those who bank at branches for the first time, consumers have warmly embraced banking via mobile apps.

Online and Mobile Banking 86

Online and Mobile Banking Mobile Banking Small Business Faster Payments 86

Fintech News

MARCH 6, 2024

Are digital first banks in Asia poised to lead a disruptive charge against well-entrenched, established commercial banks? In the traditional banking sphere globally, but especially true in Asia, there is a considerable proportion of unbanked and underbanked populations who lack complete or any access to banking services.

Online and Mobile Banking 136

Online and Mobile Banking Debit Card Non-Bank Push-to-Card 136

Fintech News

JULY 3, 2024

Vietnam’s digital finance landscape is undergoing a notable shift as new players emerge, established ones fade, and traditional banks rise to prominence, a new report by Decision Lab shows. However, by Q4 2023, Moca had slipped out of the top rankings, replaced by mobile apps from traditional banks.

Finance 115

Finance Online and Mobile Banking Micro-Entry Non-Bank 115

PYMNTS

APRIL 27, 2020

Banks do not always have the budgets or resources to craft cutting-edge online and mobile experiences, although they can no longer afford to put off digital transformations. The number of online banking customers is growing worldwide, and FIs’ consumers are coming to expect seamless digital experiences as a result.

Online and Mobile Banking 99

Online and Mobile Banking Cross-Border Payments Cross-Border Mobile Banking 99

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 132

Online and Mobile Banking Treasury Non-Bank Credit Cards 132

Fintech News

AUGUST 26, 2024

Thailand is moving closer to welcoming its first virtual banks, with the Bank of Thailand (BOT) currently accepting applications for the virtual banking license. With the deadline looming on the 19th of September 2024, speculations are rife for Thailand’s virtual banking license applicants.

Online and Mobile Banking 121

Online and Mobile Banking Bots Financial Inclusion Underserved 121

The Fintech Times

NOVEMBER 16, 2024

Today, fintech and digital innovations are becoming key drivers in their continued growth, each nation adopting its own approach to integrate these technologies into their economic sectors. per cent Central Bank of Armenia (CBA) Armenia’s growth has been driven in part by its young, tech-savvy population.

FinTech 69

FinTech Central Bank Financial Literacy Online and Mobile Banking 69

PYMNTS

DECEMBER 6, 2016

The speed at which digital banking is being transformed by new technologies is rapidly increasing. Whether that’s on their mobile device on the go or in their kitchen while they make dinner. KW: Innovation in the banking sector is blossoming. Where do you see this going, and how do you see it being adopted by banks?

Innovation 76

Innovation Online and Mobile Banking Zelle Venmo 76

PYMNTS

MARCH 23, 2018

In financial services today, security and innovation can work with each other, and against each other. FinServ cybersecurity is, of course, a prime target for innovation. Bank customers’ needs and demands of financial service providers are growing more sophisticated and complex.

Innovation 74

Innovation Security Visa Online and Mobile Banking 74

PYMNTS

AUGUST 21, 2019

Legacy banks have their work cut out for them if they want to survive another century as key players in the digital banking world. This is driving legacy banks to take a closer look at their own products and strategies, with many rising to the challenge. Around the Digital Banking World.

Online and Mobile Banking 77

Online and Mobile Banking AI Mobile Banking Innovation 77

PYMNTS

AUGUST 6, 2020

The pilot will be introduced in the Seattle, Washington area, the company said, and will let customers use their mobile phones to pay in a seamless manner. Kroger Senior Director of Payments Kathy Hanna said the innovation is intended to improve the customer experience.

Online and Mobile Banking 87

Online and Mobile Banking Chip Cards Contactless Payments CHIPS 87

PYMNTS

DECEMBER 23, 2019

Digital banking and payments firm i2c is introducing a banking website and mobile app designed to assist those with colorblindness, the company announced Monday (Dec. Whether a person is partially or totally colorblind, the company’s simple interface can help with the navigation of digital banking and payments.

Mobile Banking 52

Mobile Banking Online and Mobile Banking Blocks Payments Strategy 52

PYMNTS

APRIL 3, 2018

How to bring mobile banking to the realm of the spoken word – beyond the mere recitation of account data, beyond call and response? Banking is, of course, about more than account balances. It’s not online banking, it’s not mobile banking, it’s a digital user experience,” he said.

Mobile Banking 49

Mobile Banking Online and Mobile Banking Push-to-Card Use Case 49

PYMNTS

NOVEMBER 27, 2019

In addressing the innovation gap that exists between credit unions and their larger financial institution (FI) brethren, credit unions (CUs) may be perceived to be at a disadvantage, at least when it comes to dollars. Increasingly, technology itself promotes a personalized experience.

Credit Union 86

Credit Union Innovation Payment APIs and Integration Online and Mobile Banking 86

PYMNTS

SEPTEMBER 28, 2020

Ant Bank, the virtual banking division of Hangzhou, China-based Ant Group , has launched banking services in Hong Kong, Fintech News reported. The Hong Kong Monetary Authority (HKMA) approved Ant Bank’s application for a virtual banking license. It was one of eight such recipients, the report stated.

Online and Mobile Banking 108

Online and Mobile Banking eWallet Authorization Returns 108

PYMNTS

JUNE 29, 2020

Consumers are leaning heavily on digital banking tools during the pandemic, and studies suggest that they will continue to do so in its wake. Fifty-seven percent of consumers now prefer internet banking solutions, compared to the 49 percent who said the same prior to the pandemic. Mobile Customers Need Mobile Infrastructure.

Online and Mobile Banking 69

Online and Mobile Banking Mobile Banking Volume Innovation 69

Payments Source

AUGUST 15, 2017

The real lag behind fintech started when banks rested on those online and mobile banking laurels and allowed other players in the mobile space to bypass them in working toward mobile point of sale payment services, writes Jack Jania, senior vice president of strategic payment alliances at Gemalto.

Online and Mobile Banking 61

Online and Mobile Banking FinTech Innovation Mobile Banking 61

The Fintech Times

MAY 17, 2024

Today we unveiled new card features and digital innovations that will bring consumers into a more customised, convenient and secure future.” This year, new ways to ‘tap’ on a mobile device will become an integral part of the Visa experience. Online payment fraud is seven times higher than in-person payments.

Product 128

Product Consumer Online and Mobile Banking RTP 128

Fintech Finance

JULY 25, 2024

Bank of America has seen the adoption and use of its CashPro App for corporate payment approvals accelerate significantly over the last couple of years. 1 ranked mobile app for corporate and commercial banking.1 1 ranked mobile app for corporate and commercial banking.1 It makes life a lot easier.”

Online and Mobile Banking 105

Online and Mobile Banking Payment APIs and Integration Payments Volume 105

PYMNTS

APRIL 24, 2020

Some banks have shuttered their branches during the pandemic and are relying on digital or mobile channels to fulfill customer needs, but others do not have that option. Banks are altering their customer interaction approaches to take precautions against further spreading COVID-19 while maintaining sound customer service practices.

Technology 99

Technology ATM Online and Mobile Banking Credit Union 99

PYMNTS

JULY 22, 2020

Banks have been forced to reduce or suspend in-branch activities to prevent the risk of infection at branches at least temporarily. The largest bank in the United States, J.P. Developments From Around The World Of Digital-First Bank ing. The global digital banking platform industry generated $3.95

Online and Mobile Banking 90

Online and Mobile Banking ATM On-Demand Risk 90

PYMNTS

JULY 29, 2020

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. Around The Credit Union World.

Credit Union 67

Credit Union Online and Mobile Banking Remote Deposit Capture Mobile Banking 67

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

Clearly Payments

APRIL 9, 2024

The Definition of Fintech vs Traditional Finance Fintech refers to financial technology, which encompasses a broad range of tech innovations and advancements applied to financial services. Overall, fintech aims to improve and automate the delivery and use of financial services, often focusing on innovation, usabilty, and efficiency.

Finance 105

Finance FinTech Online and Mobile Banking Payment APIs and Integration 105

PYMNTS

AUGUST 21, 2020

Digital banking is reaching unprecedented levels of popularity amid the pandemic, with 89 percent of American bank customers using mobile banking apps to manage their savings and checking accounts. Developments From Around The World Of Digital-First Banking. billion by 2024. billion by 2024.

Blocks 106

Blocks Identity Theft ATM Online and Mobile Banking 106

PYMNTS

MARCH 13, 2019

As the financial services space focuses on digitizing offerings for their small business customers, much of these efforts are targeting online banking portals accessed via desktop. One of the biggest impacts of mobile-based services will be the shift from weekly or monthly processes to operating in real time. .

Online and Mobile Banking 67

Online and Mobile Banking FinTech Small Business Payment APIs and Integration 67

CB Insights

JULY 19, 2017

Corporate innovation is critical for established companies looking to stay relevant in the face of disruption from up-and-coming startups. 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: X.

Innovation 74

Innovation Online and Mobile Banking Research Technology 74

PYMNTS

APRIL 10, 2018

By the numbers, digital banking is — and is not — extremely popular with consumers of all stripes. According to the latest edition of the PYMNTS Digital Banking Tracker, when it comes to some tasks, consumers are clearly comfortable with leaving the physical world behind and making the digital conversion. Other things — not so much.

Mobile Banking 40

Mobile Banking Consumer Online and Mobile Banking Credit Union 40

Clearly Payments

JANUARY 29, 2024

The banking landscape is undergoing a transformation, driven by the emergence of neobanks. These digital-only banks are challenging the traditional financial institutions by offering products and services that cater to the needs of tech-savvy consumers. For their banking structure, Neobanks can come in two forms.

Online and Mobile Banking 105

Online and Mobile Banking Payments Innovation Push-to-Card 105

PYMNTS

DECEMBER 29, 2020

The pandemic has led to massive changes for banks, which have had to radically adjust their operations despite generally being deemed essential businesses. One FI navigating pandemic-related challenges is Massachusetts-based Avidia Bank , which was founded in 2007 and currently has $1.9 Online innovations .

Online and Mobile Banking 78

Online and Mobile Banking Credit Union Authentication Mobile Banking 78

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.

Payment APIs and Integration 98

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