It is more important than ever to deliver a significantly better digital banking experience than is delivered today. Customers want an experience that is fast, easy and secure. More importantly, they want control of their finances at their fingertips.
Find out more from The Financial Brand. Click HERE.
Showing posts with label mobile banking. Show all posts
Showing posts with label mobile banking. Show all posts
Friday, 28 January 2022
Thursday, 27 January 2022
Where Banks & Credit Unions Are Missing the Mark with Mobile Banking
Consumers expect more out of mobile apps than a glorified debit card and checkbook register. Their raised expectations uncover gaps in the quality of major financial institutions' apps in comparison with fintech apps, new research reveals.
Even the best of the best among the mobile banking apps of large financial institutions are doing only “C level” work compared to where they need to be. They are especially lagging in the digital money management functions that have made fintech and neobank apps so popular, according to a major consumer study by Insider Intelligence.
Even the best of the best among the mobile banking apps of large financial institutions are doing only “C level” work compared to where they need to be. They are especially lagging in the digital money management functions that have made fintech and neobank apps so popular, according to a major consumer study by Insider Intelligence.
Get the details from The Financial Brand HERE.
Labels:
banks,
business,
credit unions,
fintech,
mobile banking,
money,
neobanking
Tuesday, 4 January 2022
Digital Services that Changed the Face of Banking
The convenience and speed of digital banking services are at a point of
no return. Here’s a look at some innovations in fintech and banking that
make our money lives easier.
Banks have always been at the forefront of the digitization revolution. Internet banking became a reality as early as the 1990s. Mobile banking was possible by the early 2000s. The last two decades have seen several digital innovations that have made banking more accessible to customers. Fintech apps and platforms have just added to the convenience of customers.
The COVID pandemic has given a push to the banking ecosystem to rapidly embrace digitization. We take a look at the digital technologies that have transformed the way we bank.
Read the full article HERE.
Labels:
banking,
covid19,
digital,
fintech,
innovation,
internet banking,
mobile banking
Friday, 5 November 2021
“TOP READS OF THE WEEK” (for week 30 October to 5 November)
This is the final edition of TOP READS OF THE WEEK in this format.
However, you can still get all the top reads in banking, fintech, payments, cybersecurity, AI, IoT, risk management by reading / subscribing to the “Citadel Advantage News Digest”.
The Citadel Advantage News Digest is published at least twice a week with all the latest news on Banking, Fintech, Payments, Operations Risk and much, much more. Check it out!
Subscribe to our newsletter click HERE. Under the topmost item “Newsletter” click on “Start reading” to access.
In this weeks selection;
Top Reads
However, you can still get all the top reads in banking, fintech, payments, cybersecurity, AI, IoT, risk management by reading / subscribing to the “Citadel Advantage News Digest”.
The Citadel Advantage News Digest is published at least twice a week with all the latest news on Banking, Fintech, Payments, Operations Risk and much, much more. Check it out!
Subscribe to our newsletter click HERE. Under the topmost item “Newsletter” click on “Start reading” to access.
In this weeks selection;
Top Reads
- Meta CEO Zuckerberg predicts the metaverse will be mainstream in 5-10 years
- Banks' green pledges under scrutiny
- What We Can Learn From The Sub-Saharan African FinTech Infrastructure
- Sorry, Mark. You Don't Own the Metaverse
- Starling CEO says open banking a flop: Other fintech chiefs beg to differ
- Citi makes COVID-19 vaccine mandatory for 65,000 US employees
- Regulator previews coming crypto, stablecoin policy
- Fintech Apps Still Depend on Old-School Banks to Move Money
- A Battle for Earth: 5 Ways IoT Can Help Save Our Planet
- Elon Musks Lessons In Business Scaling
- The advantages of an AI/ML-enabled search engine for FDA records
- UK regulators warn financial sector still failing to account for key climate risks
- Protecting The United States' Critical Infrastructure From Cyberattacks
- Global rule maker created for ESG disclosure standards
- Pandora Papers highlight the importance of PEP checks as part of AML armoury
- The Great Resignation: Why Millions Of Workers Are Quitting
- Facebook Name Change Signals High-Stakes Race for 'Metaverse'
- China's Race for AI Supremacy
- Understanding and Responding to Bribery & Corruption Red Flags
- See what three degrees of global warming looks like
- The Cost to Reduce Global Warming? $131 Trillion Is One Answer
Labels:
AI,
banking,
CBDC,
China,
compliance,
covid19,
crypto,
cybersecurity,
digital banking,
digital currency,
ESG,
fintech,
IoT,
metaverse,
mobile banking,
neobanks,
pandemic,
payments,
risk management
Saturday, 23 October 2021
“TOP READS OF THE WEEK” (for week ending 22 October)
This week’s top reads in banking, fintech, payments, cybersecurity, AI, IoT, risk management and much more
In this weeks selection;
Top Reads
In this weeks selection;
Top Reads
- What is Google FLoC and How Does It Affect Your Privacy
- Facebook's Novi launches digital currency wallet pilot
- Is ethical banking a thing?
- 4 Women-led Crypto Projects That Are Driving the Blockchain Industry
- Broadcom Software's Symantec Threat Hunter Team discovers first-of-its-kind ransomware
- SEC Revives Proposal to Claw Back Executive Pay
- The surge of fintech in South America
- Forensics Monitoring Is Blockchain’s New Sheriff
- Essential Aspects of Cloud Compliance for Financial Services
- Amex will let employees work wherever they want one month a year
- Supply-Crunch Inflation Gives Central Banks an Unfixable Problem
- Treasury goes into damage control on bank data reporting
- Ransomware summit takeaways: Pledges to disrupt safe havens, money laundering
- No profit worries? Earnings week still served up drama
- What Emerging American Legislation Means for Crypto Assets and CBDCs
- Deutsche Bank’s ESG executive slams industry’s greenwashing practices
- These are the top 10 tech trends that will shape the coming decade, according to McKinsey
- 8 security and risk management trends to watch: Gartner
- Is PayPal pining for Pinterest?
- 3 Reasons Financial Institutions Can't Let Mergers Stall Innovation
Labels:
AI,
artificial intelligence,
banking,
CBDC,
China,
compliance,
covid19,
crypto,
cybersecurity,
digital banking,
digital currency,
ESG,
fintech,
IoT,
mobile banking,
neobanks,
pandemic,
payments,
risk management
Saturday, 16 October 2021
“TOP READS OF THE WEEK” (for week ending 15 October)
This week’s top reads in banking, fintech, payments, cybersecurity, AI, IoT, risk management and much more
In this weeks selection;
Top Reads
From our Blog
In this weeks selection;
Top Reads
- Analysts pin Google retail bank U-turn on fears of higher regulatory scrutiny, low profitability
- JPMorgan Chase joins UN's Net-Zero Banking Alliance
- Why Chatbots Fail in Banking
- We may visit you at home, British financial watchdog warns bank staff
- SocGen to Cut 3,700 Jobs as Part of Domestic Retail Merger
- Crypto Could be in Trouble after China Declares all Crypto Transactions Illegal
- Two Key Digital Payments Trends in the Post-COVID World
- Capgemini’s World Payments Report 2021
- Are NFTs a Money Laundering Gold Mine?
- From tech tool to business asset: How banks are using B2B APIs to fuel growth
- Will massive outage set back Facebook's payments plans?
- 15% minimum global corporate tax faces obstacles: Tax Foundation
- U.S. SEC opens inquiry into Wall Street banks' staff communications -sources
- What's next for banks that partnered with Google now that the tech giant has scrapped its checking-account push
- How to Explain NFTs to People Who Think Theyre Just JPEGs
- Is Apple Pay Secure? - Platform Security and Privacy Overview
- DeFi Glossary 2021: Pretend You Know What is Going on
- AI Is No Match for the Quirks of Human Intelligence
- Credit-card firms are becoming reluctant regulators of the web
- Cyberattack on Ukraine grid: here's how it worked and perhaps why it was done
- Analysts pin Google retail bank U-turn on fears of higher regulatory scrutiny, low profitability
- IoT: Beyond Alexa
- ISO 20022 just one of the key steps towards cross-border payments interoperability
- PayPal takes stake in Latam SPAC
From our Blog
- How to Plan and Implement an Ethics & Compliance Risk Assessment Program
- Bitcoin Miners Tap Hydropower as Environmental Criticism Grows - WSJ
- Podcast “American Kleptocracy”
- Malinvestments, When Your Eyes Are Bigger Than Your Stomach
- Evergrande Woes Spread to China’s $12 Trillion Local Market
- 3 Major Questions Around Evergrande's Debt And China's Economy That Remain Unanswered
Saturday, 9 October 2021
“TOP READS OF THE WEEK” (for week ending 8 October)
This week’s top reads in banking, fintech, payments, cybersecurity, AI, IoT, risk management and much more
In this weeks selection;
Top Reads
In this weeks selection;
Top Reads
- Card critics call for credit routing scrutiny
- Visa Unveils UPC for Blockchain
- Google abandons plans to offer Plex checking accounts
- How Do I Get a Job in Crypto? Postings in Industry on the Rise
- Open Banking is finally here … it’s only taken 30 years!
- Digital bank fined by regulator due to weak anti-money laundering controls
- How AI is transforming the world of finance
- How to be cyber smart
- EC preps antitrust charge over Apple NFC chip access
- Neobank Alternative: Building a Hybrid Digital-First Bank from Scratch
- Your Dev Skills Deserve Recognition, so Hack the Email of Your Boss
- Richer data poised to become the pre-condition for cross-border payments to thrive
- JPMorgan stiffens vaccination policy
- Top global companies falling short in protecting domain security
- Companies Want FASB to Focus on Crypto, ESG-Related Rule Making
- Bitcoin, ‘Green’ Details Are Most-Requested Accounting Fixes
- Why You Should Quit Social Media Permanently
- What would persuade bank holdouts to share customer data?
- Spat erupts over postal banking pilot
- Parents’ Ultimate Guide to Cybersecurity
- BIS GM issues Facebook stablecoin warning
- Why Windows 11's security is such a big deal
- Why CEOs become communication chiefs after a cyberattack
- Companies expect surge in health care costs in 2022
From our Blog
- How to Plan and Implement an Ethics & Compliance Risk Assessment Program
- Tesla Prepares for Wider Release of Its Driver-Assistance Software
- How do carbon markets work? -The Economist
- Visa is working on a universal payment channel
- What China’s New Data Rules Mean for Tesla and Other Auto Makers
- Flags of Convenience - Bribe, Swindle or Steal Podcast
Saturday, 2 October 2021
“TOP READS OF THE WEEK” (for week ending 1 October)
This week’s top reads in banking, fintech, payments, cybersecurity, AI, IoT, risk management and much more
In this weeks selection;
Top Reads
In this weeks selection;
Top Reads
- The NSA and CIA Use Ad Blockers Because Online Advertising Is So Dangerous
- Jamie Dimon says 'you're a fool' if you borrow to buy bitcoin, and that he wouldn't care if its price increased 10 times
- U.K. Investment Banks Pay Women 56% of What Male Colleagues Make
- US extradites highly-prized hacker back to Russia
- What Does Bitcoin Mean for the Payment Industry of El Salvador?
- Should Your Web History Impact Your Credit Score? The IMF Thinks So
- Big Tech CEO Insider Trading During the First Half of 2021
- SEC chair Gensler worried ‘people will be hurt’ without crypto and SPAC regulations
- Visualizing the Rise of Cryptocurrency Transactions
- New York Fed researchers design climate stress test for banks
- Lazard associates are now the highest paid on Wall Street after a pay bump raises the base salary to $200,000
- Don't hold your breath for a US CBDC
- AB InBev CFO: 'You can't hide when a pandemic hits'
- Swedish university fined $66,000 for GDPR violations
- Fintech and Banking Software Firm Velmie Launches FX and Cross-Border Transfer Service in Middle East
- 4 Tech-Driven Forces That Could Bulldoze Banks Off the Map
- Mastercard to launch new BNPL service
- Wells Fargo fined $37.3M to settle DOJ foreign-exchange case
- New York Fed researchers design climate stress test for banks
- Bank Mergers Are On Track to Hit Their Highest Level Since the Financial Crisis
- Microsoft warns of new credential-stealing backdoor from SolarWinds threat actor
- In first, Japan names China, Russia and North Korea as cyberattack threats
- WhatsApp to help rural, cooperative banks accelerate digital banking adoption
- How Yahoo Built a Culture of Cybersecurity
- Central banks and the BIS explore what a retail CBDC might look like
- What China’s new data privacy law means for US tech firms
Friday, 24 September 2021
“TOP READS OF THE WEEK” (for week ending 24 September)
This week’s top reads in banking, fintech, payments, cybersecurity, AI, IoT, risk management and much more
In this weeks selection;
Top Reads
In this weeks selection;
Top Reads
- Fed won't go it alone on CBDC
- There are new scams on mobile payment apps—and teens aren’t immune
- Companies must develop operational plan for ransomware recovery
- After 400 attacks, feds warn of Conti ransomware
- BlackRock losing 'patience' on pace of corporate ESG disclosure
- Deutsche Bank Explored Wells Fargo Custody Deal Before Fed Snub
- Credit Suisse charges investors to prop up Greensill Capital
- After years of being 'squeaky clean,' the Federal Reserve is surrounded by controversy
- U.S. cash payment kiosks rise despite digital age
- Companies must develop operational plan for ransomware recovery
- Corporate credit rebounds from record slump: Fitch
- The beguiling promise of decentralised finance
- Opinion | Do We Need to Shrink the Economy to Stop Climate Change?
- Record $15 Billion SPAC Merger Just Happened For A Technology You've Never Heard Of
- NY Fed vice president urges industry to move faster on Libor transition
- Funding for fintechs: patterns and drivers
- Recently reported Microsoft zero-day gaining popularity with attackers, Kaspersky says
- Finance industry warns against 'unnecessarily restrictive' crypto capital rules
- How buy now, pay later became a $100 billion industry
- Banks Oppose Strict Basel Rules Targeting Cryptocurrencies
- Trump Organization CFO appears before New York Supreme Court
- Forward Thinking on artificial intelligence with Microsoft CTO Kevin Scott
- EBA paves the way for tighter scrutiny of digital platforms
- US government ready to roll out the big guns against crypto ransomware payments
- In era of quick-fire bosses, Wall Street embraces the 'forever CEO'
- Web hosting cybersecurity concerns
Saturday, 18 September 2021
“TOP READS OF THE WEEK” (for week ending 17 September)
This week’s top reads in banking, fintech, payments, cybersecurity, AI, IoT, risk management and much more
In this weeks selection;
Top Reads
From our Blog
In this weeks selection;
Top Reads
- At Fault or Default? Lessons in Leadership We Can Learn from the Collapse of Kabul
- JPMorgan's UK digital bank set to launch Tuesday
- IOSCO calls on asset managers and intermediaries for stronger AI and ML processes
- Pandemic-led AP workarounds unfit for future of hybrid working, adviser warns
- McKinsey on Risk, Number 11, August 2021
- 8 Helpful Everyday Examples of Artificial Intelligence
- How do Mid-Sized banks compete with Fintech
- Bank of America to scrap CMO role after top marketer leaves this year
- JPMorgan to buy majority stake in Volkswagen's payments business
- 'Big game hunters': Ransomware groups target their perfect victim
- Bank of America names new CFO, adds 3 women to senior management
- Eight Emerging Technologies That Are Shaping FinTech Industry In 2021
- Gartner: AI is moving fast and will be ready for prime time sooner than you think
- Alipay break-up is power grab by China's government
- Apple releases emergency patch to protect all devices against Pegasus spyware
- Advantages and Disadvantages of Artificial Intelligence: How To Use AI in Your Business
- FiVerity: The Outsized Value Of Collaboration In The Fight Against Cyber Fraud
- WFH is a cybersecurity "ticking time bomb," according to a new report
- Banks delay return to office as delta variant surges
- Boards rethink incident response playbook as ransomware surges
- Cryptocurrency Payment Gateways to The Future
- How Digital Transformation Is Revolutionizing Digital Finance
- Crypto Kid Fraudster Gets 7 1/2-Years for Ponzi Scheme
- U.S. cash payment kiosks rise despite digital age
From our Blog
Friday, 10 September 2021
“TOP READS OF THE WEEK” (for week ending 10 September)
This week’s top reads in banking, fintech, payments, cybersecurity, AI, IoT, risk management and much more
In this weeks selection;
Top Reads
In this weeks selection;
Top Reads
- Amazon takes Visa battle to Australia
- Regulators Investigate Crypto-Exchange Developer Uniswap Labs
- SPAC IPOs plunged 87% during Q2 amid tougher SEC scrutiny
- The SEC Is Serious About Cybersecurity. Is Your Company?
- What Traditional Banks Can Learn From Fintech Apps’ Explosive Growth
- One size does not fit all: the Rubik’s Cube of banking
- Cross-border payments set to soar as the world begins to emerge from lockdown
- Developing Real-Time Payment Capabilities
- The future of payments in the Middle East
- The Latest Trends in Artificial Intelligence (AI) and Machine Learning (ML)
- WhatsApp fined $235,000 by Turkey over alleged data breach
- 97% of Banks Miss These 9 Broken Journeys
- Crypto’s Rapid Move Into Banking Elicits Alarm in Washington
- Bitcoin Faces Big Test as El Salvador Makes It Legal Tender
- FinTech–shaping the future for the better (Part-II)
- Wallets Are Over. Your Phone Is Your Everything Now.
- SEC fines Kraft Heinz $62M, says procurement misled finance team
- After years of inaction against adtech, UK’s ICO calls for browser-level controls to fix ‘cookie fatigue’
- Amazon takes Visa battle to Australia
- What ransomware negotiations look like
- Remote workers complicate CFOs' state sales tax compliance
- Top Performing Artificial Intelligence (AI) Companies of 2021
From our Blog
Sunday, 5 September 2021
“TOP READS OF THE WEEK” (for week ending 3 September)
This week’s top reads in banking, fintech, payments, cybersecurity, AI, IoT, risk management and much more
In this weeks selection;
Top Reads
In this weeks selection;
Top Reads
- Why a ban on ransom payments will not work
- The Colonial Pipeline Ransomware Hackers Had a Secret Weapon: Self-Promoting Cybersecurity Firms
- Bank Of America Is Losing Its Grip On Millennials As Fintechs Reinvent The Checking Account
- What Insurance Firms Promised at White House Cybersecurity Summit
- Are global investors finally rising to the ESG challenge?
- For bank regulators, tech giants are now too big to fail
- Amazon taps Affirm for installment financing
- Crypto ATMs multiply despite challenges to the currency
- Bank regulators issue guidance on partnering with fintechs
- 10 Factors That Will Determine Banks' Future Relevance
- Madoff trustee can seek $343M clawback against Citi, court says
- U.S. banks give embedded finance a whirl. Will it catch on?
- Crypto platforms need regulation to survive, says SEC boss
- Fed finds businesses eager for faster payments
- A Very Brief History Of The Driving Factors Behind Cybersecurity
- PayPal's About to Take On Robinhood
- Unravelling Open Banking’s Complexities
- Apple Store vs. Repair Shop: What the Right to Repair Is All About
- SEC sets its sights on the crypto “Wild West”
- Why China’s Tough Stance on Crypto Mining Is a Boon for Miners Elsewhere...
- The Most Commonly Experienced Types of Fraud
- What is net zero?
- New Online Course - Understanding Environmental, Social, and Governance (ESG)
Saturday, 28 August 2021
“TOP READS OF THE WEEK” (for week ending 27 August)
This week’s top reads in banking, fintech, payments, cybersecurity, AI, IoT, risk management and much more
In this weeks selection;
Top Reads
In this weeks selection;
Top Reads
- Bank of America nets record 227 patents in first half of 2021
- How Will Banking Respond to Embedded Finance Model?
- Consumer dissatisfaction with credit cards continues to rise
- How much does phishing really cost the enterprise?
- Crypto ATMs multiply despite challenges to the currency
- Are global investors finally rising to the ESG challenge?
- Phishing Costs Nearly Quadrupled Over 6 Years
- Cybersecurity: These two basic flaws make it easy for hackers to break into your systems
- Can legacy banks stay relevant with banking as a service?
- Blockchain: A Neat Example of the Ingenuity of Contemporary Fintech Solutions
- Anti-fraud niche in payments thrives as e-commerce climbs
- Consumer dissatisfaction with credit cards continues to rise
- SEC challenged in court over Nasdaq rule requiring board diversity
- Why most companies don't understand speed is vital to cybersecurity
- How to manage treasury operations safely and securely in the digital age
- California Fintech MovoCash Expands Fund Transfer Options with Assistance from Fiserv
- Anti-fraud niche in payments thrives as e-commerce climbs
- What the DOJ’s Involvement in Cyberattacks Means for the Future of Ransomware
- Klarna tallies 20M US customers
From our Blog
Sunday, 22 August 2021
“TOP READS OF THE WEEK” (for week ending 20 August)
This week’s top reads in banking, fintech, payments, cybersecurity, AI, IoT, risk management and much more
In this weeks selection;
Top Reads
From our Blog
In this weeks selection;
Top Reads
- Bitcoin’s Increasing Value Is Its Real Failure
- The Fundamental Role of Payments is Rapidly Evolving
- Infrastructure Bill Threatens the Value of Cryptocurrencies
- Top 5 ransomware operators by income
- Say Good-Bye to the Payment Card Magnetic Stripe
- State Street to vacate NYC offices amid shift to hybrid work
- BlackBerry teams with Car IQ for in-vehicle payments
- Q&A with Amazon Alexa chief Rohit Prasad on the future of ambient computing
- Why CFOs speak to the press (and whether they should)
- Coinbase CFO amassing cash to weather 'crypto winter'
- FX risk: Identifying exposure through a Currency Map
- How much does phishing really cost the enterprise?
- Up to 83M IoT devices at risk of remote access
- Is Mobile banking really out performing Traditional banking in developing economies — Part 1
- PayPal drops BNPL late fees worldwide
- Payments called 'dominant driver' for fintech investment: KPMG
- Facebook Plays the Underdog
- 5 FinTech companies from the Nordics making an impact
- Fintechs much more likely to be linked to suspicious PPP loans, study finds
- Why bitcoin entrepreneurs are flocking to rural Texas - The Guardian
- Consumer dissatisfaction with credit cards continues to rise
- Realizing IoT’s potential with AI and machine learning
- Senators raise privacy concerns about Amazon One
From our Blog
- Apple’s Software Chief Explains ‘Misunderstood’ iPhone Child-Protection Features
- Why China’s Tough Stance on Crypto Mining Is a Boon for Miners Elsewhere
- "Thieves of State": Sarah Chayes on Afghanistan
- New Online Course - Understanding Environmental, Social, and Governance (ESG)
- Should we be worried about technology?
- ESG may sound like a PR spin, but you can't dismiss it
Sunday, 15 August 2021
“TOP READS OF THE WEEK” (for week ending 13 August)
This week’s top reads in banking, fintech, payments, cybersecurity, AI, IoT, risk management and much more
In this weeks selection;
Top Reads
In this weeks selection;
Top Reads
- Banks delay return to office as delta variant surges
- Insider risk surges as resignations mount
- Chinese Threat Actors Use Webdav-O Virus to Exploit Federal Agencies in Russia
- Billions of Dollars Later, the U.S. Government Remains as Hackable as Ever
- SEC Brings and Settles First Case in Crypto-Linked DeFi Sector
- Circle seeks national charter to start digital currency bank
- ZenBusiness launches money-management app
- Plaid settles class-action lawsuit for $58 million
- How human instinct can interfere with cyber crisis response
- A Look Into Brazil's Booming Fintech Scene
- Behind the scenes: A day in the life of a cybersecurity "threat hunter"
- Should healthcare organizations pay to settle a ransomware attack?
- Web hosting cybersecurity concerns
- Citi requires vaccines for employees returning to offices
- Amazon strikes back at Visa fees with surcharge
- How ‘Single-Platform’ Tech Solutions Are Shaping the Future of Banking
- Ares CFO-COO fired for inappropriate conduct
- JPMorgan Piloting Real-Time Payment Service
- 55% of the world’s top 100 banks reportedly have crypto and blockchain exposure
- Chinese Cyberattack Targeted Dozens of Israeli Public and Private Organizations
- Citi seeks to pair banks and small businesses
- Banks, finance firms brace for 'recharged' U.S. consumer bureau; fintech, pandemic abuses are priorities
- BlackBerry teams with Car IQ for in-vehicle payments
- Ex-director seeks to stall $2 billion Paytm IPO, company calls it harassment
From our Blog
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