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Category: Retail banking


Capital and risk, Credit, Products, Retail banking

This new credit card offers 4% back on dining, but is it a good deal?

August 14, 2018

Via: Market Watch

Here’s one reason to put your avocado toast and poke bowls on credit — if you can pay them off in full, of course. There’s a revamped Capital One COF, +1.59% card on the market aimed at foodies that will […]


Capital and risk, Operational, Products, Retail banking

Chase Bank chasing mobile market with ATM move

August 3, 2018

Via: Banking Technology

Chase Bank ATMs now allow customers to withdraw cash using their phones’ mobile wallet and NFC capabilities. The bank’s ATM network has around 16,000 terminals throughout the US, but customers can also use ATM vestibules from outside the bank. This […]


Products, Retail banking

Starling flys into banking-as-a-service space

August 3, 2018

Via: Finextra

Starling is moving into the banking-as-a-platform space, enabling third party companies to craft their own financial services offerings using the challenger’s banking license and API infrastructure. Starling says the service bundle will enable retailers, brands and fintechs to develop and […]


Products, Retail banking

Navy Federal Credit Union Mobile Usage on Par with Big Banks

July 26, 2018

Via: Bank Innovation

For smaller FIs where “digital transformation” may still mean establishing a mobile app, some are far ahead of their peers. Bank Innovation previously reported on the mobile app user numbers of the country’s biggest banks, and on average 44% of […]


Products, Retail banking

Why banks must embrace digital core platforms

July 25, 2018

Via: Finextra

Modernising a bank is not easy and most of the difficulties come down to legacy systems. Banks need to adopt new digital core banking platforms, but what’s blocking adoption are the worries that come with transferring data from a legacy […]


Products, Retail banking

OCBC Bank turns tellers into digital ambassadors

July 23, 2018

Via: Banking Technology

The plan is to install ATMs and digital service kiosks at 35 of its branches by 2020. The bank says its redeployed tellers will become branch digital ambassadors and service executives or perform other advisory roles. To make it clear, […]


Business banking, Products, Retail banking

National Bank of Canada invests in local data sharing startup Flinks

July 5, 2018

Via: Finextra

Montreal-based Flinks currently connects just shy of 200 fintechs and banks in Canada, US and Europe to over 250,000,000 financial accounts. The firm counts Transferwise, WealthSimple and ATB Financial among its clients and claims a three percent uptake by Canadian […]


Channels, Products, Retail banking

Do more people want online-only banks? Chase thinks so

June 28, 2018

Via: Market Watch

No bank branch? Chase says that’s no problem. Chase JPM, +0.08% on Thursday announced it is expanding its online-only bank called Finn. Finn debuted in St. Louis in October and will now be rolled out nationwide. The online bank will […]


Products, Retail banking

This bank is staffing branches with humanoid robots that dance, take selfies and push credit cards

June 26, 2018

Via: CNBC

Ground zero for the robot takeover of financial services is an HSBC branch in midtown Manhattan. Here, crowds of camera phone-toting tourists cooed and clapped at Pepper, an adorable 4-foot-tall robot with a high-pitched voice and a tablet screen strapped […]


Capital and risk, Operational, Products, Retail banking

Merchants, retail banks and billing orgs favour real-time payments and open banking

June 20, 2018

Via: Finextra

Comprised of responses from executives across the merchant, digital goods, hospitality, telecom and travel sectors, the benchmark also revealed that 51 percent of all merchants, billing organizations and retail banks will increase their IT budgets for payments-related projects in 2018. […]