Scotiabank, Fifth Third, SunTrust: Amazon, Apple inspiring UX

November 11, 2019 at 10:32PM The popularity of Amazon Prime and Apple is forcing bankers to rethink user experiences, industry practitioners said at Bank Innovation Build. With the growing adoption of digital banking platforms, user experience specialists said human experiences should underpin digital product roadmaps, with technology performing a supporting role. “Technology is an enabler, … Continue reading Scotiabank, Fifth Third, SunTrust: Amazon, Apple inspiring UX

Community Bankers Flag CECL, Fintech as Top Concerns in Recent Interview

November 11, 2019 at 09:33PM The Financial Accounting Standards Board’s current expected credit loss standard is among the top issues keeping community bank CEOs up at night, according to an American Banker article published today featuring interviews with several members of ABA’s Community Bankers Council. The post Community Bankers Flag CECL, Fintech as Top Concerns … Continue reading Community Bankers Flag CECL, Fintech as Top Concerns in Recent Interview

Banking tech could lead to discrimination, says ex-regulator

November 11, 2019 at 04:23PM Banks can now more accurately identify ‘unprofitable’ or costly customers Advances in banking technology are putting vulnerable customers at risk of discrimination, a former City regulator has said. Mick McAteer, a former board member at the Financial Conduct Authority, said lenders and insurers were gaining access to tools to more … Continue reading Banking tech could lead to discrimination, says ex-regulator

Fintech Talents 2019: Bank leaders still struggling with digital transformation

November 11, 2019 at 03:00PM Redesigning a bank for the 21st century is a process that many banks and their leaders are still grappling with as they try to kick a habit of focusing on traditional success factors like net interest income. Locsin believes banks have yet to see the full platform benefit That’s according … Continue reading Fintech Talents 2019: Bank leaders still struggling with digital transformation

Fintech Talents 2019: Banks must grab digital opportunity

November 11, 2019 at 02:35PM Banks aren’t going away any time soon, according to a zeitgeist-busting industry panel, but the models through which they interact with their customers must undergo some fundamental changes over the next dozen years. The panel included two banks, two challengers, and a tech giant For Josh Bottomley, global head of … Continue reading Fintech Talents 2019: Banks must grab digital opportunity

[Discussion] API to get required banking transfer information per country or bank

November 11, 2019 at 01:33PM Hello everyone, I am searching for an API to be able to present adequate local banking transfer information to a user, after he selects a currency and a country. E.g, if US and USD, a routing and account number will be required. If Germany and EUR, an IBAN and Swift … Continue reading [Discussion] API to get required banking transfer information per country or bank

HSBC and RBS Set to Launch New Digital Banking Platforms

November 11, 2019 at 11:19AM British banking heavyweights HSBC and RBS are launching new digital banking platforms, as competition for digitally savvy customers steps up in the face of a wave of online startups. HSBC and RBS Set to Launch New Digital Banking Platforms … Selected by Fintech Tube Search Web: HSBC and RBS Set … Continue reading HSBC and RBS Set to Launch New Digital Banking Platforms

Nordea’s chief digital officer quits ahead of bank’s next digital phase

November 11, 2019 at 06:30AM Nordea’s chief digital officer (CDO) Ewan MacLeod has announced his departure from the financial services group, citing “the next phase” of the bank’s digital journey as “the right time” for him to leave. The bank is currently undergoing a front-to-back office digital transformation. Since 2015, with the help of its … Continue reading Nordea’s chief digital officer quits ahead of bank’s next digital phase

Three key steps that can put banks ahead in the sustainability revolution

November 11, 2019 at 05:00AM There’s been a fundamental shift towards more green-conscious habits in many parts of society – from cutting back on the amount of plastic and taking public transport when possible to choosing brands that use sustainable materials and offer ethically manufactured goods. This change in consumer behaviour is not just having … Continue reading Three key steps that can put banks ahead in the sustainability revolution

UK challenger Cato Banking opens waiting list ahead of 2020 launch

November 10, 2019 at 11:00AM The UK challenger bank scene is set to gain another entrant, as Cato Banking prepares for a 2020 launch by opening its waiting list. Simon Phillips, Cato Banking Formerly known as MoneySmrt, Cato is an offshoot of Money Global Limited, a financial technology and services provider led by CEO Simon … Continue reading UK challenger Cato Banking opens waiting list ahead of 2020 launch