McKinsey Sustainabilty

JULY 13, 2022

Banking distribution needs to account for the evolving interdependencies between channels. Accelerating digital and upgrading the physical experience to “phygital” offers a viable solution.

Digitalization 144

Digitalization Banking 144

3BL Media

MARCH 26, 2024

These people can’t fully participate in the digital economy at the highest level. Being on the wrong side of the digital divide, they also miss other significant opportunities and face setbacks as a result. In an evolving global landscape full of technological change, the evolution of digital skills is a top priority.

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Digitalization Corporate Social Responsibility Development Banking 147

3BL Media

MAY 2, 2024

May 2, 2024 /3BL/ - In recognition of Financial Literacy Month, Webster Bank and YWCA Hartford Region recently celebrated the opening of the Webster/YWCA Hartford Region Finance Lab in Hartford, Connecticut. As Mayor of our capital city, I am proud to see this partnership between Webster Bank and YWCA Hartford Region,” said Mayor Arulampalam.

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Banking Corporate Social Responsibility Digitalization 147

Stanford Social Innovation

MARCH 25, 2024

This lady in a remote rural location not only had a digital bank account that allowed her to receive digital payments, but she had the proof of identity needed for such an account: a unique 12-digit number linked to her biometrics, her Aadhaar. It was easy enough to use it that she preferred it to cash.

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Digitalization Development Banking Supply Chains 127

3BL Media

JANUARY 24, 2024

Bank company blog 2024 is the Year of the Dragon – the Wood Dragon, to be precise. Bank is celebrating across its footprint with employees, clients and communities. Bank Mobile App makes it safe and easy to continue this tradition with those you know and trust by sending one of our exclusive Lunar New Year e-card designs.

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Banking Digitalization Development 147

3BL Media

AUGUST 7, 2023

Originally published by Forbes Santander CIB has partnered with SAP to expand the digitization of their global transaction banking services. The partnership prioritizes connectivity and new digital solutions to accelerate client-to-bank services. Continue reading here

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Banking Decarbonize Digitalization 130

3BL Media

JANUARY 17, 2024

January 17, 2023 /3BL/ - Webster Bank announced the launch of its first Special Purpose Credit Program (SPCP) aimed at expanding homeownership opportunities for low-to-moderate income (LMI) first-time homebuyers, and those who are seeking to refinance, in historically underserved areas. STAMFORD, Conn.,

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Banking Digitalization Development 147

Corporate Knights

JUNE 21, 2023

The 67-year-old accountant is a trailblazer: after three and a half decades in financial management (including 11 years as chief executive officer at the First Nations Finance Authority), Daniels became the first First Nations person appointed to the Bank of Canada’s board of directors in January. Directors have no input into monetary policy.

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Banking Digitalization Development 246

3BL Media

OCTOBER 21, 2022

Bank a Top Team honor. Bank leaders in its 2022 Most Powerful Women in Banking, naming vice chairs Gunjan Kedia and Kate Quinn and senior vice president Vanessa Angeles among 75 individual honorees. Quinn was named to the Most Powerful Women in Banking list, the sixth consecutive year she has been honored. SOURCE: U.S.

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Banking Digitalization Digital Transformation Development 130

3BL Media

APRIL 6, 2022

Bank's Diverse Business Banking Segment to accelerate support of minority-owned businesses. With 33 years of banking experience, Marshalynn Odneal, national sales executive for Minority Business, will lead this national effort. PNC Bank, National Association, is a member of The PNC Financial Services Group, Inc.

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Banking Development Digitalization 244

Cisco CSR

JANUARY 10, 2023

As a change agent serving the financial services industry for over 20 years, it is a great privilege to collaborate with Bank, Insurance, and Wealth Management institutions to devise and execute digital transformation strategy, solve complex business problems, and leverage technology to strengthen business results.

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Digitalization Digital Transformation Banking Analytics 145

Impact Alpha

JANUARY 5, 2021

Now, The post Kenyan digital ‘neo bank’ Umba secures $2 million appeared first on Impact Alpha. ImpactAlpha, January 5 – Financial inclusion efforts in Africa have been dominated by mobile money payment and transfer services and alternative credit apps.

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Digitalization Banking 110

3BL Media

DECEMBER 6, 2023

December 6, 2023 /3BL/ - Webster Bank announced a $50,000 grant for the Webster/Yonkers Partners in Education (YPIE) Finance Lab. We’re grateful to Webster Bank for their continued generous support of YPIE students and for opening exciting opportunities for them to pursue in college and their professional careers.” STAMFORD, Conn.,

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Banking Digitalization Development 147

McKinsey Sustainabilty

MAY 3, 2023

As regulators encourage new players to enter the digital financial services sector, firms that take the initiative can gain an early advantage in one of the world’s largest greenfield markets.

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Digitalization Banking 96

3BL Media

AUGUST 11, 2022

DESCRIPTION: Snigdha Kumar , our Head of Product Operations at Digit , has had a passion for financial inclusion since her academic days and throughout her career. powered digital banking platform that seeks to make financial health effortless for anyone. SOURCE: Oportun. Oportun (Nasdaq: OPRT) is an A.I.-powered

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Digitalization Academics Banking Development 130

3BL Media

OCTOBER 11, 2022

DESCRIPTION: We are excited to announce that Oportun has been shortlisted for the 2022 FinTech Futures Banking Tech Awards in the category of Best Use of A.I.! As a mission-driven digital banking platform, our use of A.I. As a mission-driven digital banking platform, our use of A.I.

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Banking Digitalization 130

3BL Media

JULY 12, 2023

July 12, 2023 /3BL/ - Following the successful opening of the Charleston Commercial Banking office last year, Fifth Third Bank, N.A., continues to increase its investment in South Carolina by offering full-service retail banking to the Lowcountry. A tech wall with a dynamic digital screen. CHARLESTON, S.C.,

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Banking Digitalization 130

McKinsey Sustainabilty

OCTOBER 13, 2022

Digital payment transactions are skyrocketing in emerging markets as innovations proliferate. Banks, fintechs, and telecom companies must quickly develop their strategy to compete for market share.

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Digitalization Banking Development 136

McKinsey Sustainabilty

JULY 31, 2023

Our analysis of data from the banking sector provides definitive proof on how digital and AI transformations create bottom-line value.

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Digitalization Banking 97

James Militzer

MAY 13, 2024

While advances in technology bring new opportunities for efficiency and growth, if we’re not careful, these advances can leave behind those with fewer resources who cannot access these new tools, exacerbating the digital divide that still persists around the world.

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Digitalization Development Banking 62

Impact Alpha

FEBRUARY 16, 2023

The post The Brief: Shifting paradigms in finance, mass transit in Kenya, digital banking in Spanish, scaling battery materials, TPG’s rising impact strategies appeared first on ImpactAlpha. Featured: Capitalism Reimagined Six financial paradigm shifts needed to scale impact. Public and private-market investors that want to realize.

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Digitalization Banking 98

3BL Media

JANUARY 10, 2024

January 10, 2023 /3BL/ - Webster Bank, together with Wakeman Boys & Girls Club, recently celebrated the opening of the Webster/Wakeman Boys & Girls Club Finance Lab, a program created to provide students the skills needed for financial empowerment and future financial well-being. STAMFORD, Conn.,

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Banking Academics Digitalization Development 147

Cisco CSR

NOVEMBER 15, 2022

Open banking made this possible. Open banking allows third-party financial services companies to access consumer banking, transaction, and other financial data via the secure use of APIs. It wasn’t just that Venmo happened but open banking for the digital ecosystem. Open banking happened.

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Banking Digitalization Development 141

Impact Alpha

FEBRUARY 16, 2023

The post Spanish-language digital bank Comun secures $4.5 ImpactAlpha, February 16 – Nearly 10% of the Hispanic population in the U.S. is unbanked and 40% don’t have a credit card or. million from investors. appeared first on ImpactAlpha.

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Digitalization Banking 52

James Militzer

OCTOBER 2, 2023

In recent months, there has been an outpouring of media coverage and analysis on the topic of digital public infrastructure (DPI), including articles , ideas , podcasts and convenings. We believe DPI can be a helpful lens to provide focus for digital development. This deluge of attention is hardly surprising.

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Digitalization Banking Development Digital Transformation 129

James Militzer

OCTOBER 9, 2023

Many stakeholders certainly hope so, given the multiple benefits of widespread adoption of digital payments — and there are reasons for optimism on this front. In recent years, the proliferation of mobile devices, along with the continent’s poor banking infrastructure, have made Africa fertile ground for explosive growth in mobile money use.

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Digitalization Banking Global Economy Development 119

Impact Alpha

OCTOBER 12, 2020

12 – ‘Neobank’ Greenwood, founded by former Atlanta mayor Andrew Young, rapper Michael ‘Killer Mike’ Render, and Bounce TV’s Ryan Glover, provides online banking services and ways to give back to Black and Latinx causes. It’s no secret that traditional banks have failed the Black and Latinx community,” Glover said in a statement.

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Banking Digitalization 104

3BL Media

DECEMBER 14, 2022

Funding from Comenity Capital Bank focused on supporting affordable housing initiatives in underserved Utah communities. Investments like this one from Comenity Capital Bank are critical in protecting the most vulnerable during the continuing affordable housing crisis. SOURCE: Bread Financial.

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Banking Digitalization 130

3BL Media

JUNE 29, 2022

“We’re extremely proud of our employees and customers for working together for the united purpose of serving our communities and to join the fight against hunger,” said Melissa Stevens, chief digital officer, head of digital and marketing and Fifth Third Day champion. 2, Zero Hunger. More than 241,000 meals were donated in the region.

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Banking Digitalization Development 246

3BL Media

JANUARY 25, 2022

Fifth Third Bank, National Association, keeps adding innovative tools for helping customers make 2022 a year of healthy money habits. Since launching Fifth Third Momentum Banking, the bank has continued to regularly add and enhance features to help motivate, protect and reward customers.

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Banking Digitalization 246

James Militzer

MAY 14, 2024

The first online lending platforms began emerging roughly two decades ago, and since then, the global digital credit market has grown substantially: It’s projected to reach a value of almost US $72 billion by 2032. The digital credit market has continued growing, both in size and scope, into the 2020s.

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Digitalization Development Banking Analytics 69

Chris Hall

MARCH 15, 2024

Adam Aziz, Technology Investment Banking Analyst at DAI Magister, explains how the emerging technology can improve energy efficiency and pave the way to net zero. What’s next for digital twins? Companies specialising in digital twin technology have attracted over US$1.2

Digitalization 64

Digitalization Net Zero Smart Buildings Banking 64

Impact Alpha

JUNE 4, 2020

ImpactAlpha, June 4 – Varo is among the wave of online banking platforms promising to be more customer-friendly. The post Varo raises $241 million to expand inclusive digital banking in the U.S. The post Varo raises $241 million to expand inclusive digital banking in the U.S. appeared first on ImpactAlpha.

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Banking Digitalization 89

3BL Media

OCTOBER 20, 2022

Phone scams, text scams, email scams – there are a lot of ways the bad guys are trying to trick you,” said Brian Minick, chief information security officer at Fifth Third Bank. Backup your data: Make digital copies of important files and safely store them. Learn more about how to protect yourself on Fifth Third’s stay secure page.

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Banking Digitalization 147

3BL Media

JULY 5, 2023

July 5, 2023 /3BL/ - Small-business owners in Middle Tennessee who are interested in growing their companies are encouraged to apply for a tuition-free business development program Regions Bank is bringing to Nashville for the first time in the program’s history. Businesses accepted into the program do not have to be Regions Bank customers.

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Banking Digitalization Development 130

Daniel Burrus

JANUARY 27, 2021

This sent the banking industry into a tailspin, desperately trying to understand this new concept of a digital currency system, and areas of the government even began to prepare a way to legislate this unfamiliar system. Blockchain is the software behind digital currency like Bitcoin. Blockchain: A Whole New Financial Frontier.

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Digitalization Banking Digital Transformation Manufacturing 122

McKinsey Sustainabilty

APRIL 27, 2023

Mambu co-founder Eugene Danilkis talks about how banks can approach core technology transformation and keep up with the fast pace of change, then offers his take on the future of human interaction.

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Banking Digitalization 141