FICO

AUGUST 24, 2020

This week’s reveal: prior to March 2020, I had never used the mobile deposit feature of the banking app on my phone. Second, after I figured out how to use mobile deposit the first time, I asked myself, “Why did I ever go to the bank? Mobile deposits are so easy!”. Mobile deposits are so easy!”.

Online and Mobile Banking 52

Online and Mobile Banking Mobile Deposit Funds Availability Fraud Detection 52

PYMNTS

DECEMBER 16, 2020

In today’s top news in digital-first banking, FIS is working with Quontic Bank on the Bitcoin Rewards Checking Account, while Aeldra has chosen i2c Inc. to power its digital private banking offerings. FIS Powers Launch Of Quontic Bank’s Bitcoin Rewards Account. Aeldra Taps i2c To Enable Global Banking Services.

Online and Mobile Banking 62

Online and Mobile Banking FDIC Accounts Debit Card 62

PYMNTS

APRIL 23, 2019

Last week, wireless carrier T-Mobile announced it would throw its hat into the mobile banking arena with the national rollout of T-Mobile MONEY. The mobile app offers low or no-fee checking-like services, out-of-network ATM usage fees and the ability to earn 4 percent APY on balances of up to $3,000. In fact, 72.4

Consumer 58

Consumer Online and Mobile Banking Non-Bank Venmo 58

PYMNTS

OCTOBER 1, 2020

The plastic card, by necessity, is giving way to digital cards, and mobile apps are bringing card-not-present transactions, increasingly, to mobile devices. She noted that mobile app use is up double-digit percentages as of April, when the pandemic shifted so much of everyday life online.

Online and Mobile Banking 106

Online and Mobile Banking Disputes On-Demand Issuers 106

PYMNTS

SEPTEMBER 11, 2019

Make that leather wallet a mobile one, wielded on smartphones. As we noted in this space earlier in the summer, using apps to bank is markedly being embraced by the younger generation. As spotlighted in the Digital Banking Tracker , the global digital banking market is slated to grow by 16 percent, compounded annually.

Non-Bank 64

Non-Bank Online and Mobile Banking Authorization Regulations 64

Finovate

APRIL 11, 2024

Santander is launching its Openbank digital banking brand in the U.S. Spain-based mega bank Santander announced plans to launch a new digital offering in the United States under the Openbank brand in the second half of this year. Santander launched Openbank in 1995 as a telephone bank. Many non-U.S.-based and Mexico.

Online and Mobile Banking 52

Online and Mobile Banking OCC Non-Bank Credit Cards 52

PYMNTS

DECEMBER 17, 2020

To roll out an alternative international money transfer offering called Co-opRemit, the Co-operative Bank of Kenya has teamed with international payment provider Thunes , according to an announcement. “We Co-operative Bank of Kenya works with 8.8 Co-operative Bank of Kenya works with 8.8

Cross-Border Payments 76

Cross-Border Payments Cross-Border Online and Mobile Banking Non-Bank 76

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. .

FinTech 67

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

PYMNTS

JANUARY 25, 2021

In today’s top digital-first banking news, German neobank N26 has hired a new chief financial officer (CFO) as it eyes a future initial public offering (IPO), while FinTech app Goalsetter has raised $3.9 The mobile banking program also allows for peer-to-peer (P2P) transactions and money transfers. million in a seed round.

Financial Literacy 74

Financial Literacy Underwriting Online and Mobile Banking Debit Card 74

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

OCTOBER 22, 2018

Despite the rise of FinTech firms and challenger banks hoping to offer small businesses (SMBs) a better banking experience, large traditional financial institutions (FIs) continue to hold the dominant position in the SMB financial services (FinServ) space.

Online and Mobile Banking 62

Online and Mobile Banking Small Business Non-Bank FinTech 62

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. Soft Space – US$31.5

FinTech 101

FinTech Online and Mobile Banking Non-Bank On-Demand 101

PYMNTS

JULY 16, 2020

Without the local branch to visit, financial institution (FI) customers were suddenly thrust into the world of digital and online banking. As it has in so many other ways, the pandemic continues to force entities like banks and CUs to entirely rethink their product and service strategy. ” The Next Generation Of Onboarding.

Accounts 57

Accounts Online and Mobile Banking Credit Union Non-Bank 57

PYMNTS

JANUARY 28, 2020

Everyone knows that digital and mobile services are key to success in the 2020s — not only in terms of more revenue, but also larger transformations. It’s not that banks don’t want to go more digital and mobile, he said. But such shifts must happen, lest those banks get left behind. Gen Z is growing up.

Online and Mobile Banking 67

Online and Mobile Banking FinTech Credit Union Non-Bank 67

FICO

DECEMBER 4, 2017

Not a mobile payment, Venmo or Zelle, PayPal or Cashbot was in sight. Seeing the flutter of sawbucks gave me a flashback to one of my first payments memories, from the early 1980s, when the Connecticut Bank and Trust Co. Mobile Payments Proliferate. It’s no secret that consumers are moving quickly to embrace mobile payments.

Mobile Payments 64

Mobile Payments Zelle Online and Mobile Banking ATM 64

PYMNTS

JULY 31, 2017

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.

Small Business 45

Small Business Online and Mobile Banking Community Banks Non-Bank 45

PYMNTS

FEBRUARY 13, 2020

In today’s top payments news, the People’s Bank of China has filed more than 80 patents as it attempts to adopt a digital currency, and Fiserv introduced Scan to Pay, a new way for diners to pay their checks with Apple Pay. The People’s Bank of China (PBOC) has filed over 80 patents as it attempts to take the renmibi to the digital stage.

Online and Mobile Banking 61

Online and Mobile Banking PayPal eWallet Non-Bank 61

PYMNTS

MARCH 9, 2017

8) the launch of Credit Sense, a solution that enables financial institutions to integrate credit scores into digital banking. According to Fiserv, with Credit Sense a person’s credit score can be displayed within the online or mobile banking user interface alongside their account information.

Online and Mobile Banking 40

Online and Mobile Banking Credit Union Mobile Banking Non-Bank 40

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. Soft Space – US$31.5

FinTech 83

FinTech Online and Mobile Banking Non-Bank On-Demand 83

The Paypers

AUGUST 24, 2016

(The Paypers) The UK’s mass affluents, compared to non-mass affluents, are heavier users of online and mobile banking.

Online and Mobile Banking 28

Online and Mobile Banking Non-Bank Mobile Banking 28

PYMNTS

JANUARY 15, 2020

Raisin will license Choice FS’ software to banks in the U.S., Banks will be able to offer the new solutions directly to their own customers or use Raisin’s platform to reach all potential retail consumers. billion) in deposits for German banks like Commerzbank and N26. platform,” said Raisin U.S. CEO Paul Knodel.

FinTech 52

FinTech Credit Union Deposit Account Online and Mobile Banking 52

PYMNTS

APRIL 15, 2019

Specifically, who knows what dangers — for banks, at least — lurk in shadow banking, as FinTechs emerge to nibble at market share? In the United States, there’s a bit of concentration here, as 29 percent of shadow banking is tied to the country, at $15 trillion in assets. Who knows what dangers lurk in the shadows?

Non-Bank 70

Non-Bank Online and Mobile Banking PayPal Risk 70

Fintech Labs Insights

APRIL 12, 2024

Long before fintech was a thing (1995), I launched the first, and by most measures the biggest, newsletter during the first two decades of online/digital banking. It was called Online Banking Report and was read by a sizable portion of major industry players. Note: These are the rankings from 10 years ago.

Online and Mobile Banking 15

Online and Mobile Banking Innovation FinTech NOV 15

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 Addressing 53

CB Insights

OCTOBER 10, 2018

Traditional banking products, including checking, credit, and savings accounts, are under threat from a new crop of digital-first startups. Many of these startups are launching products without a bank charter and targeting a very specific customer base. DOWNLOAD THE 61-PAGE consumer banking REPORT. savings accounts.

Online and Mobile Banking 78

Online and Mobile Banking Debit Card Credit Cards Non-Bank 78

PYMNTS

APRIL 11, 2017

That means enabling people to pay in-store or online via the payment method that is most convenient for them at any given moment. Through a new partnership, FIS Mobile and Cardtronics are addressing one of the most vulnerable touch points when it comes to accessing cash — non-bank ATMs. Brown explained. “We

ATM 41

ATM Non-Bank Online and Mobile Banking Scams 41

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

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

The Fintech Times

MAY 22, 2024

However, in its latest report published today, the UK banking and financial services trade association announced that there was a four per cent decrease in the amount stolen to £1.17billion in 2023. Authorised Push Payment enablers APP fraud losses continued to be driven by the abuse of online platforms and telecommunications.

Scams 59

Scams Finance Push-to-Card Romance Scams 59

PYMNTS

APRIL 2, 2018

Consumers demand easy, digital banking, but this pressure for banks to deliver is also coming from corporate clients. Take mobile banking, which has propelled the introduction of mobile-only banks to meet demand for better services on smaller screens.

Blockchain 68

Blockchain Online and Mobile Banking End User Non-Bank 68

PYMNTS

NOVEMBER 30, 2020

trillion for “experiences,” Airbnb’s COVID-era initiative to host paid online events like cooking classes or tours of exotic cities. Airbnb added that its total addressable market — a broader measure of all potential business in current or future core areas — is a massive $3.4 That included $1.8

Addressing 60

Addressing Online and Mobile Banking Origination Non-Bank 60

FICO

JULY 27, 2020

Once you’re at your home screen, your fingerprint or facial scan grants access to mobile payments apps, banking apps and all manner of ways to spend and move money. Instead of a fingerprint, FICO’s voice signature capabilities allow users to enroll in online and mobile banking by saying a short phrase, such as “I love chips!”

Authentication 52

Authentication Online and Mobile Banking Non-Bank Enrollments 52

PYMNTS

SEPTEMBER 16, 2019

Essentially, SCA mandates that millions of consumers will need to confirm their identities for most of their online purchases using two of the following: who they are (e.g., The potential cost for non-compliance is huge. The potential cost for non-compliance is huge. a fingerprint), what they have (e.g., a password).

Compliance 52

Compliance Authentication Online and Mobile Banking Privacy 52

FICO

NOVEMBER 25, 2019

With people spending more and more time on their mobile phones — an average of three hours and 15 minutes on their phones every day, with the top 20% of smartphone users spending upwards of four and a half hours — “everything mobile” is driving digital transformation. Unfortunately, new fraud opportunities have come along for the ride.

Authentication 52

Authentication Online and Mobile Banking Non-Bank Enrollments 52

Fintech Labs Insights

JANUARY 13, 2016

Can you imagine spending as much time with your banking app as you do with Facebook or Twitter? Not only can FINANTEQ imagine it, but with its new banking app, SuperWallet , the Polish spin-off from eLeader is doing everything it can to make it happen across Europe and, soon, the U.S. ” The Future.

Innovation 15

Innovation Online and Mobile Banking Non-Bank Mobile Banking 15

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

PYMNTS

APRIL 4, 2019

Students want the convenience of mobile, but they often need in-person assistance, as well. In a recent interview with PYMNTS, Bangerter said serving students means offering on-the-ground outreach and extending mobile services to cater to busy schedules and digital habits. Security in a Mobile World . Branches Keep Their Appeal.

Credit Union 43

Credit Union Online and Mobile Banking Credit Cards Non-Bank 43