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Digital Banking, With Millennial, Mobile – And Governmental – Tailwinds

PYMNTS

The push toward digital banking seems an inexorable one, with the technology and demographics acting as tailwinds, and where governments have increasingly gotten into the act of promoting digital banks (the pure-play kind) and making forays into bits and bytes, where once paper and face-to-face transactions reigned.

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Why Chase decided to drop digital-banking app Finn

Bank Innovation

JPMorgan Chase's millennial-friendly digital banking app Finn is shutting down, just one year after it rolled out nationally. The […].

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Credit Unions Unite Behind Digital Banking

PYMNTS

There is a sense, however, that CUs themselves bear responsibility for falling behind the digital banking trends that first took hold with consumers. Digital Unison. The National Credit Union Administration (NCUA) trade group reported that net income for credit unions fell by 1.1

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NEW REPORT: Visa On Arming CUs To Win The War For Millennial Talent

PYMNTS

Earlier this month, Senate lawmakers advanced the Economic Growth, Regulatory Relief and Consumer Protection Act, which would exempt credit unions and small banks from regulations implemented under the Dodd-Frank Act, to a vote on the chamber floor. Mark McWatters , head of the National Credit Union Administration (NCUA).

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How Brick-and-Mortar Banks Can Seize The Digital Moment

PYMNTS

consumers, seeks to better understand how spending and banking preferences are changing in the digital age. In the Playbook, we examine how the different bank types — local and regional, national and digital — are responding to these trends, in particular the demand for highly functional mobile card apps.

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JPMC Q2 Earnings Expected To Reflect Expanding Digital Innovations

PYMNTS

Of all the banking institutions releasing Q2 earnings this week, watch for JPMorgan, whose strong performance can be credited to a growing millennial customer base and continued digital innovation. Continued development of JPM Coin has garnered interest from customers around the world, especially millennials.

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Credit Unions? Bid To Bridge The Challenger Bank Perception-vs.-Reality Gap

PYMNTS

Their marketing budgets are deeper and bigger, and they are national,” said Chambers of these and other digitally-focused firms. you could turn on a basketball game and see slickly produced ads for challenger banks, promising to deliver a range of financial services through the convenient small screen of a smartphone.