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A Five-Step Action Plan to Mobilize ‘Mobile First’

Gonzobanker

Financial institutions that are not ready to fully serve customers digitally face an existential threat. In the aftermath of the housing bubble and during adoption of new Check 21 regulations following 9/11, banks and credit unions proved nimble under pressure to serve the needs of their customers. Help Customers Self-Educate.

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CIT Bank 2020 Review

MyBankTracker

Here’s an overview of CIT Bank’s most notable offerings and how it may be a better bank for your money. Mobile banking apps available with remote check deposit No check-writing on its eChecking account. It comes with a debit card and online bill payment capabilities. Online & Mobile Banking.

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This Week’s Reads: Cloud, Mobile Wallet, Payments

Banking 2020

Banks Need to Examine Resource Allocation – Bank Systems & Technology. Mobile Wallet-Linked Offers vs. Card-Linked – Credit Union Times. Digital Banking at JP Morgan Chase – Finextra. How Banks Are Trying to Become More Like Tech Companies – MSN Money.

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This Week’s Reads: B2B Payments, Mobile Banking and Acquisitions

Banking 2020

MetaBank Bumps Up V-Card Strategy: MetaBank and StoneEagle struck a five-year extension of their partnership, which sees StoneEagle linking MetaBank’s Meta Payment Systems corporate clients into virtual B2B payment technologies. ” What have you been reading lately? Let us know in the comments section below or Tweet @bankingdotcom.

Mobile 40
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From Online to Mobile to Mobile-Only

Banking 2020

Just as the onset of online banking capabilities upended traditional industry practices, the slew of mobile banking apps now on the market, and the heavy adoption of those technologies by ‘millennials’ in particular, was bound to make even online banking look old-fashioned. Of course, it’s not exactly a revolution.yet.

Mobile 40
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The Mobile Money Revolution: Transforming Lives

Banking 2020

It’s easier to tap and go with your contactless card than to use cash at a till, but is it really transforming lives? In the developing world, however, the power of mobile banking and payments to radically improve the lives of people in poverty is something that deserves attention. Mobile transformation.

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Banks and Credit Unions View Fintech Partnerships a Key Growth Strategy for 2020

Gonzobanker

Financial institutions are making fintech partnerships a key priority in 2020, according to a new study from Cornerstone Advisors. In What’s Going On In Banking 2020: Outlook for a New Decade , 65% of banks and 76% of credit unions say these partnerships will be an important part of their business strategies this year.

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