Digital banking

Why banks should care about ‘ambient’ computing

04/12/18

Dominic Venturo, chief innovation officer at U.S. Bank, shares his vision for digital banking ten years from now. It includes ambient computing – interconnected devices, machines and sensors that are sensitive and responsive to the presence of people.

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Following the beat of the music to reach a younger crowd

04/10/18

Streaming services such as Pandora and Spotify are becoming popular advertising vehicles for community and regional banks.

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To capitalize on open banking, the industry needs standards

04/10/18

Developers will struggle to create apps that can be used seamlessly across institutions unless banks can learn to share programming data in a consistent way.

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Digital lender to offer checking with monthly membership fee

04/10/18

For $29 a month, MoneyLion customers will receive a checking account with no minimum balance requirement and will have access to a large a network of ATMs, as well as low-interest personal loans and financial advice.

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'The starting line of a very bad path’: Comments of the week

04/05/18

Readers react to Mick Mulvaney’s proposal to restructure the Consumer Financial Protection Agency, opine on Community Reinvestment Act reform ideas, weigh in on emojis in digital banking and more.

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Data revolution could make lending better

04/03/18

A broad network of financial data, such as utility payments and direct deposits, could help those without established credit histories better obtain loans. It might also help lenders make more accurate underwriting predictions.

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Consumers crave automation in home-equity lending: J.D. Power

03/30/18

Banks that scored high in customer-satisfaction ratings did so for their front-line service, not their tech capabilities, study finds.

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'Those deposits would be gone in a flash': Comments of the week

03/29/18

Readers react to a drive for more public banks, weigh in the launch of an online-only bank, chime in on what millennials need and more.

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TD Bank adopts nCino’s digital lending platform

03/28/18

The Canadian bank becomes the largest institution to implement the fintech firm’s Bank Operating System technology.

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Instead of dreading Amazon, try emulating it

03/28/18

Traditional financial institutions would gain from adopting the innovative, consumer-focused mindset Amazon promotes. Hiring executives away from the e-commerce giant could help.

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