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Tag: digital banking


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Evolving Trends in Mobile Banking: Shaping the Future of Financial Technology

November 21, 2023

Via: TechBullion

In the dynamic landscape of financial technology, mobile banking has emerged as a transformative force, revolutionizing the way individuals manage their finances. The evolution of mobile banking is a testament to the relentless pursuit of convenience and efficiency in the […]


Capital and Risk, Credit

State Employees Credit Union taps Apiture for digital banking upgrade

June 28, 2023

Via: FinTech Futures

The credit union says it will utilise Apiture’s Consumer Banking and Business Banking solutions to deliver “in-demand” features through an “intuitive” online interface and mobile app. It will also leverage Apiture’s Data Intelligence solution to drive digital engagement and provide […]


Capital and Risk, Operational

5 Ways Bank Boards Can Strengthen Operational Resilience

June 8, 2023

Via: Bank Director

As banks face an expanding array of threats and challenges, boards recognize the need to adapt their thinking. As a result, boards are increasingly taking a new approach to operational resilience. The topic of operational resilience calls to mind internal […]


Capital and Risk, Operational

How Banks Can Implement 3 Types of Automation Solutions

June 1, 2023

Via: Bank Director

Common and current inefficiencies include relying on manual reports created in spreadsheets across multiple systems, using email or word processing to capture and document approvals and serve as a system of record and inconsistent procedures across business functions. A digital-first […]


Capital and Risk, Operational

Executive panel: key banking cybersecurity developments for 2023

March 6, 2023

Via: FinTech Futures

1. Artificial intelligence (AI) and machine learning (ML) As cybercrime continues to become more sophisticated, banks are adopting technologies that can keep up with the threats. AI and ML are among those technologies that are playing an important role in […]


Activity, Capital and Risk, Operational, Retail Banking

Building a future-ready bank

January 25, 2023

Via: FinTech Futures

Will it be tokenisation? The metaverse? A new revolutionary payment mechanism? Or something else more abstract? The opportunities are endless… but one concept dominates the retail banking world and continues to be discussed year in year out: how can banks […]


Capital and Risk, Operational

What’s Embedded Banking and Why Does It Matter?

December 23, 2022

Via: Bank Director

The financial technology industry is notorious for its ever-changing nature. Silicon Valley’s breakneck pace is enough to make some industry veterans’ heads spin. Advancements in technology and changes in economic incentives can create ripple effects that shift the entire fintech […]


Activity, Corporate Banking

Visa to invest $1bn in Africa to boost digital transformation

December 15, 2022

Via: FinTech Futures

The announcement was made by Visa chairman and CEO Alfred Kelly, Jr. at the US-Africa Business Forum, alongside the US-Africa Leaders Summit in Washington DC. Expanding its investment, Visa says, will enable “greater access” to digital payments, which will further […]


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Payments will evolve with digital banking

December 9, 2022

Via: Payments Dive

Today, more than 80% of banking is done online, and nearly 70% of adults make or receive digital payments. People are hungry for the ability to access and use all of their assets on their own terms. With evolving consumer […]


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How to Move Older Customers to Digital Banking Channels

October 28, 2022

Via: Bank Director

The Covid-19 pandemic altered how Americans conduct financial transactions, with many making a permanent shift to digital channels. However, one age group still is a holdout. Baby boomers, ages 58 to 76, didn’t flock to digital channels, especially mobile banking, […]


Capital and Risk, Operational

Top 8 Uses Of Data Analytics In Accounting And Finance

July 19, 2022

Via: TechBullion

Over the last couple of decades, data analytics has become the ultimate business dialect for better decision-making, with organizations integrating some form of data science into their business operations. And the finance and accounting niches are no exception. However, the […]


Activity, Retail Banking

Modernizing Your Retail Banking Business

June 13, 2022

Via: Bank Director

The Covid-19 pandemic accelerated the decline of traffic in most banks’ retail branches, leading many organizations to reexamine the cost of their branch services and the ultimate viability of their branch-based services. Bank boards and executive teams must address the […]


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Why Embedded Finance Is the Next Area of Digital Revolution

May 24, 2022

Via: Bank Director

The four decades after the internet made information readily accessible has led to inventions and innovations like smart devices, mobile apps and the ability to be constantly connected. Today, companies are focusing on harnessing technology to build smoother, richer and […]


Capital and Risk, Operational

How Technology Blends Banking’s Future

May 13, 2022

Via: Bank Director

After rapidly adjusting operations at the start of the pandemic and accelerating their digital transformation roadmaps, banks are left wondering: What happens next? And what did the acceleration mean for banks’ digital strategy? Banks need to shift their mindsets from […]


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Banking’s Netflix Problem

May 6, 2022

Via: Bank Director

On April 19, Netflix reported its first loss in subscribers — 200,000 in the first quarter, with 2 million projected for the second — resulting in a steep decline in its stock price, as well as layoffs and budget cuts. […]


Capital and Risk, Operational

An Inside Look At One Bank’s Digital Growth Planning

May 3, 2022

Via: Bank Director

By now, most bank leadership teams understand the importance of offering well-designed digital experiences. What we’ve found is often more elusive is knowing where to start when making a significant investment in digital. One bank that recently grappled with this […]


Capital and Risk, Operational

Seven Ways Banks Can Benefit From Data Analytics

April 26, 2022

Via: Bank Director

There is a pervasive data conundrum throughout the financial services industry: Banks have an inordinate amount of data, but antiquated and siloed solutions are suppressing incredible, untapped opportunities to use it. Data analytics offer banks seven distinct and tangible benefits; […]


Activity, Retail Banking

As branches dwindle, larger bank offices are harder to offload

March 4, 2022

Via: Banking Dive

The COVID-19 pandemic exacerbated growth in digital banking, as physical branches were forced to temporarily shut their doors. But it is likely the pandemic accelerated an underlying trend, rather than kick-starting a new one, Ryan found. “Most millennials and younger […]


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Bridging the gap between banking and digital accessibility

November 30, 2021

Via: FinTech Futures

The pandemic has sped up today’s digital landscape as more people complete everyday tasks online. For that reason, companies must understand the importance of digital accessibility. A lack of website accessibility can cause major problems for many that often go […]


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Is finance ready for the super-app revolution?

November 5, 2021

Via: Banking Dive

Nearly one-third of small businesses have changed financial service providers in 2021, according to survey data from American Express’s Small Business Recovery Report. The top-cited reason for switching was convenience: The new provider offered multiple financial solutions within one company. […]