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12 Apr 2013 03:46

Mobile opportunities for banks

The emergence of alternative payments providers such as PayPal and the growth of mobile payments systems such as M-Pesa should be seen as a major opportunity for banks, not a threat, according to Ron van Wezel, global head of emerging payment streams at Deutsche Bank. [Source: Bankingtech]

12 Apr 2013 03:46

MasterCard Launches Digital Wallet Service in Canada

The company has officially launched its MasterPass wallet product; the U.S. roll out is expected later in the spring. [Source: Banktech]

12 Apr 2013 03:46

The death of branches probably started in anger in 2010 – community blog from Brett King

There’s a strong statistical argument to be made for disruptive technologies that change consumer behavior. I’ve argued the impact of this on branch banking extensively starting with Branch Today, Gone Tomorrow, and more recently in Chapter 3 of BANK 3.0, but I’m still faced with significant resistance in the retail banking industry at large. [Source: Finextra]

12 Apr 2013 03:45

Unfazed By Bitcoin’s Wild Swings And Mysterious Origins, Silicon Valley VCs Place Their Bets

Bitcoin's record highs and the ensuring surge in hacking attempts and thefts may be grabbing headlines. However, beneath the chaos, Silicon Valley's best-known venture firms are finally starting to make real bets around the crypto-currency. [Source: TechCrunch]

09 Apr 2013 02:54

Digital Wallet Race Is Far From Over

The payments industry has spent years convincing itself of a digital wallet future that seems inevitable, but the end game is undeniably far off. [Source: BTN]

09 Apr 2013 02:54

The 20 Most Influential Women in Payments

Which executives are shaping the evolving U.S. payments industry? PaymentsSource and Bank Technology News editors chose the women who are taking the lead as the payments world girds for a mobile future. [Source: BTN]

09 Apr 2013 02:54

Banks Add Card Controls to Their Mobile Banking Apps

Banks are offering the ability to manage card accounts by mobile device, providing a glide path to the digital wallet. [Source: AmericanBanker]

09 Apr 2013 02:54

3 Things Banks Must Do to Survive the Mobile Payments Jungle

Banks can't afford to let alternative mobile payment providers walk off with their customers. [Source: BTN]

08 Apr 2013 05:36

The Impending Modernization of Your Banking System: You Can’t Afford to Wait!

Although legacy systems replacement is a major undertaking for any bank, the global banking industry could regain a significant proportion of the profitability lost during the financial crisis by adopting modern core systems. [Source: Banktech]

08 Apr 2013 05:36

Mobile is in demand; can banks deliver?

Paul Stoddart, managing director of strategy and business development at VocaLink describes the shifting demands of consumers in the digital age. [Source: Finextra]

By , 08 Apr 2013 07:46

Can (Blank) Replace Big Banks?

Last week Mashable published an article by Douglas Rushkoff called  “Can the internet Replace Big Banks?” Although a small community of enthusiasts often writes about the intersection of finance and technology on blogs like Bank Innovation, Finextra, and here at BANKNXT, it’s not every day that the topic goes mainstream, and I’m sure many in the financial technology community read  Continue Reading »

By , 04 Apr 2013 03:12

Digital Marketing Tomorrow: More touchpoints, more relevance & more opportunities

Customers are expecting more and more from their online banking experiences. Financial marketers will have to find new innovative ways to meet customer expectations at every point of contact. With mobile digital devices only becoming more popular with younger generations (future banking customers), one challenge lies creating a seamless experience across multiple devices. Banks must  Continue Reading »

By , 03 Apr 2013 10:58

How Good Is Your Bank’s Website Performance?

When determining how well your bank or credit union’s website is performing, a number of factors need to be considered beyond visits alone. How long does a visitor spend on your site? Do they visit more than one page during a visit? How many pages do they visit? Is your website optimized for both smartphones  Continue Reading »

By , 03 Apr 2013 06:25

Banking Silos & The Effect of New Wave Web Experiences

Long gone are the days where a successful digital marketing campaign meant a recently updated website, a few banner ads and a weekly newsletter. Today, it’s not about showing your customers what you want them to know, it’s about showing them you know what they want. Digital marketing now demands an all-inclusive attitude that recognizes  Continue Reading »

By , 26 Mar 2013 12:00

Bank hacking: power to the financial services makers

With the Maker Faire movement growing over the last few years, Hardware hacking has finally been making the headlines. It is one of the root causes of the recent startup hardware trends that are also fueled by platforms such as Kickstarter. What is interesting to me is that independent, smart and techno savvy people put  Continue Reading »

By , 12 Mar 2013 09:47

Banks need to start seeing themselves as consumer experience agents

This blog’s author starts to be confused on how many occasions already did he tried to make a point on banks managing the consumption experience, rather than money of consumers – the role they have been specializing over the last several hundred years. Emerging from the dawn of Mediterranean commerce, retail banks of our time  Continue Reading »