article thumbnail

Digital banking is ready to take off in Latin America

Celent Banking

Digital is the new reality in Latin America. In a recent Celent survey 100% of the participants recognized that a scenario where all financial products get digitized needs to be addressed sometime in the next 7 years and 59% of them believe it needs to be addressed immediately. They launched in March of this year.

America 100
article thumbnail

Mobile in the time of digital

Celent Banking

Bank of America recently announced that it would triple spending on its mobile app. In the past, Celent has praised the Bank of America mobile banking apps as some of the best out there. Banks are being challenged by the notion of “becoming digital.”

Mobile 100
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

The New Financial Paradigm

Cisco

In our event Oportunidades Emergentes: El nuevo paradigma financiero , we analyzed the great opportunities that arise for Latin America, as well as real experiences in terms of the growth of digital bank use and access to financial services by a greater number of clients.

article thumbnail

Goldman And BofA Earnings: A Tale Of Two Banks (And Digital Strategies)

PYMNTS

19), at least in financial services, might be termed: A tale of two banks. Bank of America and Goldman Sachs are slated to post fourth-quarter results that day, and we’re likely to see some of the same observations and actions that have marked other financial institutions’ earnings. Digital initiatives too, of course.

article thumbnail

Two Executive Views of Digital Transformation, and Why They Both Matter

Gonzobanker

Executives at the financial institution who have responsibility for customer service, digital banking and retail sales have one perspective. Community banks and credit unions, in total, have 56 million. The conversations taking place, however, are very different depending on the job title and the goal.

article thumbnail

Alphabet’s New CEO, Millennial Black Friday Spending And Digital Drivers’ Licenses Top This Week’s News

PYMNTS

We have a deep dive into Colorado’s digital driver’s license effort and news on Alphabet’s new CEO, as well as data on millennial Black Friday spending. UK Digital Bank Monzo Taps Visa Exec as US CEO. Monzo , London’s digital unicorn, has appointed TS Anil to head U.S. Top News . operations. Curing the $2.4T

article thumbnail

The Best Fintech Conferences this Week (7 Dec 2020)

Fintech Labs Insights

Also starting Monday, American Banker is back with its popular Digital Banking event, normally a mainstay of the June calendar. 7-9: Digital Banking by American Banker (virtual). And we have what may be the only in-person event outside China since March. Shift Money is going hybrid with an in-person and virtual option.