PYMNTS
NOVEMBER 17, 2020
Not only are many account holders visiting brick-and-mortar branches less often than they did before the pandemic, but many are also more reliant on digital banking channels — particularly mobile banking apps — than they have ever been. percent more likely to use mobile banking apps now than they were in 2019, and 51.1
PYMNTS
NOVEMBER 20, 2020
According to the November Mobile Banking Report , “51.1 percent of consumers who now use mobile banking apps are using them more often than they did before the pandemic’s onset in March. percent more likely to be using mobile banking apps now than they were in 2019.” 118 million individuals — now use mobile banking apps.
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Gonzobanker
DECEMBER 20, 2019
GonzoBankers, 2019 was a year of extremes. Third, read and enjoy the 2019 edition of the GonzoBanker Awards, our 18 th. THE BANKING AWARDS. Charles Scharf, CEO, Wells Fargo – We have to give a nod to the individual tapped to restore the reputation and culture of such a legendary bank. Bank Merger of the Year.
Gonzobanker
JANUARY 25, 2019
Cornerstone Advisors Managing Director Jim Burson pointed out that while small relative to its payments revenue, in 2018 First Data partnered with Live Oak Bancshares to establish the Apiture Digital Banking offering. The post Fiserv to buy First Data – the biggest fintech deal of 2019 appeared first on Gonzobanker.
Fintech Labs Insights
DECEMBER 2, 2019
BankMobile posted its first profitable quarter in the period ending Sep 30, 2019. Metrics: In Q3, @bankmobile (digital unit of @CustomersBank ) books small profit ($900k pre-tax) despite $4M fraud loss + $1M legal bill. Jim Bruene (@netbanker) December 2, 2019. Originally, the bank offered to pay off the student’s entire debt.
Gonzobanker
MAY 1, 2018
The Payments GonzoBankers have just returned from the PSCU member forum and the biggest announcement (among many) was the launch of Lumin Digital , a new digital banking platform that is currently available only to credit unions. This is the closest UI/UX experience to the big banks we have seen. Integration.
CB Insights
JULY 11, 2019
get the building the bank of the future report. Download the free report to find out about the rise of digital banking, challenger bank strategies and how incumbents are fighting back. Top revenue generating: Credit Karma is reportedly on track to see $1B in revenue in 2019, up from close to $700M in 2017.
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