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NamPost goes digital: New banking platforms launched: By Michel Haoses. NamPost on Thursday launched its MyNamPost Banking App and Internet Banking platforms, providing customers with convenient, real-time access to financial services from anywhere. The new digital platforms enable seamless, 24/7 access to accounts, including balance inquiries, payments, and EFTs. This significant step in NamPost’s digital transformation aligns with its ongoing efforts to […]

Traditional Banks Go Digital as Neobanks Face Regulatory Heat As regulatory scrutiny on neobanks intensifies, traditional banks are increasingly adopting digital-first strategies akin to neobanks. Open banking in the U.S., driven by market forces, is set to revolutionize financial services, contrasting with Europe's regulatory-driven approach. Digital innovations now streamline account openings and additional services, reducing reliance on physical branches. Consumer engagement with online and mobile banking is high, prompting banks to enhance their tech infrastructure for better operational efficiency and customer responsiveness. https://okt.to/LBaC8p

Check out Echelon Magazine’s latest article on our customization options, making it even more effortless to bank and manage your money, your way. #FriMi #LiveEffortlessly #DigitalBanking #lka

In Curinos senior analyst Ebrahim Daji's recent feature for FinTech Futures, he details how mobile banking has become the primary banking channel for small and medium-sized enterprises (SMEs) in the UK. Read more about rising mobile banking expectations, trending features and expanding functionalities — plus more proprietary Curinos data and insights — right here: https://hubs.ly/Q02W_fXh0

Read our guide to open banking below to learn about how open banking works, the benefits of it, how different countries are regulating the new systems, and how open banking allows for more convenient real time payments. 🏦 #PaymentProcessing #Fintech #PaymentOptimization #BillingPlatform #SubscriptionManagement #RecurringBillingSoftware #CustomerChurn #Subscription #SubscriptionNews #Ecommerce #SubscriptionCommerce

Two screens, one goal: Where mobile and online banking meet local growth Rivel's 280,000 interviews reveal that 61% of retail customers visit branches less than five times and only 14% rely on in-branch ads in 2024, indicating digital banking is already dominant. Web banking can revolutionize financial experiences by offering customization and diverse functionalities, democratizing the process, and addressing the shortcomings of mobile banking apps for specific audiences. Younger generations prioritize features like instant payments, contactless payments, and integration with other financial services, favoring financial relationships in traditional banking institutions and fintechs. https://okt.to/0NWhGd

Alkami's Digital Banking Performance Metrics report reveal a significant uptick in the adoption of machine learning and generative AI among financial institutions, indicating a growing emphasis on leveraging advanced technologies to enhance the banking experience. Make sure that a strong and customer-centric authentication process is part of your digital banking experience - connect with me to learn more about IDgo!

Two screens, one goal: Where mobile and online banking meet local growth Rivel's 2023 Q3 banking research reveals customer preferences for mobile and web banking, emphasizing the importance of seamless and user-friendly experiences on both digital platforms. Mobile is preferred by younger generations, tech-savvy consumers, and those who value speed and convenience. Banks benefit from customers who can receive push notifications easily. Digital banking is crucial for US consumers, offering credit score monitoring, personalized advice, budgeting tools, and financial literacy. Institutions can secure and retain customers with daily features embedded in their mobile app. https://okt.to/cdCfo9

BR-DGE Partners with Trustly to Enhance Open Banking Connectivity Commenting on the partnership, Tom Voaden, Head of Partnerships at BR-DGE, said: “We’re focused on building the technology, connections and relationships that deliver measurable value for the whole payment ecosystem. Our partnership with Trustly is another example of exactly this, empowering merchants and payment providers to easily leverage best-in-class solutions – in this case, open banking technology – to deliver enhanced customer experiences and drive profitability.” https://lnkd.in/ejEbgdsj Olof Wirfelt #fintech #finance #banking #paytech #payments #fintechnews #paymentsnews

Digital banking is rapidly evolving, and the latest research from Alkami Technology sheds light on key trends shaping the industry. As the digital banking landscape evolves, the increasing engagement of active users with mobile banking offerings is notable, particularly in the realm of payments, as highlighted in the Digital Banking Performance Metrics report. At IDgo, we're committed to providing secure and seamless authentication solutions that enhance the digital banking experience. Explore the full report to stay ahead of the curve and discover how IDgo can elevate your institution's digital offerings. https://lnkd.in/dkimiWbF #DigitalBanking #Authentication #CreditUnions