Fintech Finance

JULY 23, 2024

Bank of America continues its winning streak in the annual benchmark that evaluates the online and mobile experience for small business customers of the top 11 national and regional banks that focus on small business digital banking.

Small Business 98

Small Business Digital Payments Online and Mobile Banking Wires 98

Bank Automation

MARCH 13, 2024

Greylock Federal Credit Union has selected Alkami to improve its digital banking offerings. billion credit union will implement the Alkami Digital Banking Platform to provide online and mobile banking to its retail and business clients, according to Alkami’s March 5 release.

Credit Union 77

Credit Union Online and Mobile Banking Transactions Mobile Banking 77

Finextra

AUGUST 22, 2024

In keeping with its constant dedication to providing cutting-edge services to its customers, National Bank of Kuwait (NBK) announced introducing a new service that allows customers to confirm payment transactions online through the NBK Mobile Banking App, making itself as the first provider of this service in Kuwait.

Verification 69

Verification Mobile Banking Payments Transactions 69

PYMNTS

JUNE 26, 2020

Many banks braced themselves for an oncoming surge in the number of consumers accessing their financial accounts online or via mobile banking apps, but safely and seamlessly providing that access remained tricky for many in the space. Developments Around the Cloud Banking World. customers in late May.

Mobile Banking 91

Mobile Banking Online and Mobile Banking Consumer Volume 91

PYMNTS

NOVEMBER 18, 2020

Chime , a mobile-based startup delivering banking services that has gained strength during the pandemic, is here to stay, according to CEO Chris Britt , CNBC reports. The company’s good fortunes come as people have largely stopped trying to conduct business transactions in person that they can do online.

Mobile Banking 85

Mobile Banking Online and Mobile Banking Volume Transactions 85

PYMNTS

SEPTEMBER 8, 2020

Mitek , which provides software and authentication services, said it has upped its game with its release of Mobile Deposit 4.8, a mobile banking app. Its Mobile Deposit solution has been licensed by more than 6,400 financial institutions.

Mobile Banking 52

Mobile Banking Mobile Deposit Online and Mobile Banking Authentication 52

Stax

JULY 9, 2024

We can hail a ride from a mobile app, and our transactions for all sorts of goods and services can be easily paid for from our phones. TL;DR Digital payment methods have significantly transformed how we conduct transactions, making physical wallets increasingly obsolete. All you need to use a digital wallet is a smartphone.

Digital Payments 163

Digital Payments Online and Mobile Banking Contactless Payments Payments 163

Fintech Finance

JULY 23, 2024

Spending data over recent years suggests that there has been a shift towards consumers making a greater number of transactions that are each worth a lower individual amount, albeit without necessarily increasing the overall amount spent. Key figures for 2023 The total number of payments made in the UK increased by five per cent to 48.1

Contactless Payments 98

Contactless Payments Online and Mobile Banking Debit Card Payments 98

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 112

Finance Online and Mobile Banking Micro-Entry Non-Bank 112

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 129

Online and Mobile Banking Treasury Non-Bank Finance 129

Payments Dive

OCTOBER 19, 2018

Digital channels are being widely accepted by today's consumers, but with this adoption comes the increase in impersonal transactions through online and mobile banking, drastically impacting the traditional model of building relationships

Online and Mobile Banking 141

Online and Mobile Banking Mobile Banking Transactions Consumer 141

PYMNTS

OCTOBER 6, 2020

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 are doing a much better job now at easier, faster and quicker transactions.

Online and Mobile Banking 102

Online and Mobile Banking ATM Mobile Banking Credit Union 102

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 134

Online and Mobile Banking Debit Card Non-Bank Push-to-Card 134

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. Ideally, those actions should run the gamut of transactions and financial services, across payments and cards.

Mobile Banking 49

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

The Payments Association

OCTOBER 14, 2024

Traditionally, consumers stuck with familiar banks, but there’s now a growing trend of current account switching. The service was introduced as part of a government initiative to increase competition in the banking sector, aiming to reduce the inertia that had kept 75% of account holders with the same bank for years.

Accounts 88

Accounts Consumer Online and Mobile Banking Multi-Currency 88

The Paypers

AUGUST 22, 2024

The National Bank of Kuwait (NBK) has announced the launch of a new service that enables customers to confirm their payment transactions online via the NBK Mobile Banking app.

Verification 36

Verification Payments Mobile Banking Transactions 36

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

Fintech Finance

MAY 13, 2024

Trustly , the global leader in open banking payments, is excited to announce a new partnership with Futon Company to introduce its ‘pay by bank’ service to their customers. Pay by bank’ is an account-to-account payment method that has gained significant traction over the past year.

Security 52

Security Online and Mobile Banking Instant Payments Payment Amount 52

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

The Fintech Times

JUNE 8, 2024

Moneyhub , the UK-based data and payments platform, has launched its new account verification service, powered by open banking, to enable better payment security utilising bank-level security controls (including PSD2 SCA) and biometrics.

Verification 59

Verification Accounts Payment APIs and Integration Online and Mobile Banking 59

Finovate

AUGUST 7, 2024

NCR Voyix is selling its digital banking business to private equity firm Veritas Capital. The Georgia-based fintech has agreed to sell its cloud-based digital banking business to an affiliate of private equity firm Veritas Capital. Under the terms of the agreement, NCR Voyix will sell its digital banking unit for $2.45

Online and Mobile Banking 59

Online and Mobile Banking ATM Treasury Cash Management 59

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

M2P Fintech

JANUARY 3, 2024

Core Banking Solution (CBS) promises a transformative leap for banks. It ensures banking functions are fully digital and compliant with modern banking standards. Migrating from Legacy Systems Transitioning from legacy to modern core banking platforms is a complex task.

Payment APIs and Integration 59

Payment APIs and Integration CRM Online and Mobile Banking Regulatory Compliance 59

Finovate

JUNE 17, 2024

Greenville, South Carolina-based MTC Federal Credit Union has turned to Mahalo Banking to enhance its member experience. Mahalo’s technology will bolster MTC FCU’s offerings, including online account opening, Skip-a-Pay, and Savings Jar. Mahalo Banking won Best of Show in its Finovate debut at FinovateFall 2023.

Credit Union 59

Credit Union Online and Mobile Banking Mobile Banking Innovation 59

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

The Fintech Times

FEBRUARY 26, 2024

Raqami Islamic Digital Bank is working alongside Codebase Technologies to offer a range of Shariah-compliant digital finance solutions which address the needs of around 240 million Pakistanis. Raqami Islamic Digital Bank plans to leverage Codebase Technologies’ Digibanc platform as its comprehensive technology stack, including core banking.

Finance 59

Finance Online and Mobile Banking Innovation Volume 59

PYMNTS

NOVEMBER 30, 2020

They use their mobile devices for everything from checking the weather to posting on social media to pulling up real-time maps and using them to navigate to new destinations. Thirty-two percent, however, are unwilling to allow their FIs to access this information, and 36 percent do not understand why their banks would require access to it.

Card Issuer 68

Card Issuer Consumer Accounts Online and Mobile Banking 68

PYMNTS

NOVEMBER 24, 2020

The pandemic is reshaping banking. The conversation came against a backdrop where, as noted in a recent PYMNTS Tracker , a majority of Americans did their banking online last year. As more banking has shifted online, an increasing amount of that online activity is occurring across mobile conduits.

Credit Union 107

Credit Union Online and Mobile Banking Push-to-Card Disputes 107

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 Finance

JUNE 6, 2024

Hibret Bank , in collaboration with Mastercard , has announced the launch of the Prepaid Hibir Mastercard services, marking a significant milestone in the journey towards financial digitization in Ethiopia. This service is more than just a payment solution; it is a bridge for Ethiopians to access the global market with ease and security.”

Financial Inclusion 52

Financial Inclusion Visa Online and Mobile Banking Cross-Border 52

PYMNTS

JULY 18, 2019

Online bank N26 is now Germany’s highest-valued startup with a 3.5 The mobile bank now ranks among the most valuable European startups as well as being in the top ten most valuable FinTechs worldwide, N26 announced in a press release. billion valuation following a $170 million extension of Series D funding.

Online and Mobile Banking 43

Online and Mobile Banking Mobile Banking Innovation Transactions 43

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

PYMNTS

JANUARY 31, 2018

In online banking, 40 percent abandonment is … intolerable. As many as four in 10 consumers have at some point in their journey into online banking found the process frustrating enough to give up, as estimated by Signicat. In life, 40 percent of anything is a lot. And the frustration level has grown.

Online and Mobile Banking 61

Online and Mobile Banking Push-to-Card Money Laundering AML 61

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

PYMNTS

JUNE 3, 2020

Brick-and-mortar branches shuttered as social distancing measures were enforced, and customers subsequently turned to mobile apps or websites to fulfill their banking needs rather than risking in-person visits. Online account openings have increased 14.5 Confronting Digital Banking Reality.

Online and Mobile Banking 52

Online and Mobile Banking Contactless Payments Volume Mobile Banking 52

The Paypers

JULY 25, 2017

(The Paypers) N26 , a Germany-based mobile bank, has teamed up with Mastercard to release a 3D Secure solution allowing customers to verify online transactions within the mobile banking app.

Transactions 28

Transactions Security Mobile Banking Visa 28

PYMNTS

DECEMBER 3, 2020

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.”.

Online and Mobile Banking 76

Online and Mobile Banking Community Banks API Mobile Banking 76