News Topic: Digital banking

Banks are adding videoconferencing at branches, but consumers might prefer to video chat from their phones. Unlike with mobile banking, shirts and pants will likely be required. ... Read full article

A handful of underfinanced startups aren’t enough to sink the industry. Community banks will survive digital disruption so long as they concentrate on what their customers want and need. ... Read full article

Readers question acting comptroller Noreika, weigh in on SoFi’s charter application, defend Trump’s exit from the Paris Accord, and more. ... Read full article

Customer services are between two human beings. The quality of their exchange is more important than the resolution. ... Read full article

The marketplace lender's application for an industrial bank charter is under fire from small banks and progressives, who say it could violate the barrier between banking and commerce and shut out middle-class and lower-income consumers. ... Read full article

Though they might have less money to spend on digital than their larger counterparts, community banks can still provide a top-notch mobile experience. ... Read full article

The banking industry is evolving. Doesn’t it make more sense to focus on how to evolve with it rather than how to reduce competition? ... Read full article

The firm’s latest financial outlook suggests an opportunity to earn profits comparable to those recorded by large, well-established credit card issuers. ... Read full article

Announcing that a formerly free product or service will now cost money exposes banks to reputational risk. But the process doesn’t have to end in customers getting angry. ... Read full article

The Pittsburgh bank is developing new products, simplifying old ones and modernizing its workplace based on detailed feedback from consumers, small businesses and employees in an attempt to create a bank they all like better. ... Read full article

Readers slam credit unions’ ever-inclusive membership criteria, weigh in on the OCC’s proposed fintech charter, encourage a rewrite of the CRA, and more. ... Read full article

Before banks replace their core systems — which are largely homogeneous in the U.S. — they should work on ways to deliver convenient and engaging digital services for each of their channels. ... Read full article

The Spanish bank's VC arm added two companies focused on artificial intelligence to its portfolio this week. Both firms promise to help banks connect better with customers. ... Read full article

The challenge of juggling security and convenience is escalating as banks realize digital channels are for sales as much as they are to display account balances. ... Read full article

There is too much customer and regulatory inertia for banks’ business model to become irrelevant overnight. The real danger is banks will fade out of the picture over time. ... Read full article

Online and mobile banking are essential elements in 21st century financial services, but there’s more to banking than digital transactions. ... Read full article

Irvine, Calif.-based AutoGravity has received $30 million in equity financing from VW Credit, according to a source familiar with the matter. ... Read full article

Lindsey Argalas will push innovation throughout the Spanish bank and encouraging collaboration across businesses and markets. ... Read full article