Remove America Remove Customer Experience Remove Digital Banking Remove Millennials
article thumbnail

Where Does Chime Go From Here?

Gonzobanker

It’s possible that not all 10 million Dave or MoneyLion customers have those types of accounts. How does Chime’s 38 million customer count compare to the established banks? Of Chime’s 38 million customers, about half consider the neobank to be their primary checking account provider. of Millennials, 7.5%

article thumbnail

Top News In Payments: Wells Fargo Appoints COO; Visa Names New Partners To Help FinTechs

PYMNTS

UK Digital Bank Monzo Taps Visa Exec As US CEO. Monzo, London’s digital unicorn, has appointed TS Anil to lead U.S. Anil has more than 25 years of experience in payments, banking and credit cards, working globally across Europe, Africa and the Middle East as well as the Americas and Asia Pacific. .

Fintech 132
Insiders

Sign Up for our Newsletter

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

article thumbnail

Amid Blockchain And Robotics Hype, Corporate Lenders Still Start With The Cloud

PYMNTS

Consumers demand easy, digital banking, but this pressure for banks to deliver is also coming from corporate clients. Take mobile banking, which has propelled the introduction of mobile-only banks to meet demand for better services on smaller screens.

article thumbnail

How Payments Security Drives Digital Transformation

PYMNTS

Of course, it’s not just the FinTech industry and tech-savvy millennials who are fueling digital change. Bank branches are at their lowest numbers in a decade, around 93,000, according to Jenkins. And there’s a huge land grab for mobile wallet space, so banks are trying to achieve a seamless customer experience.

Security 100
article thumbnail

Making the ATM part of a truly omnichannel service

NCR

Multichannel is about offering as many customer touchpoints as possible and can involve different strategies for different channels. Omnichannel is more focused on unifying the customer experience across all channels. According to Retail Banking Research , the number of ATMs worldwide rose by five percent to 3.2

ATM 85
article thumbnail

Inside the Strategy Behind BofA’s Digital Life Planning App

The Financial Brand

Looking to cement its dominance in retail banking, Bank of America created Life Plan 1.0, a digital app tightly tied to in-person experience. The post Inside the Strategy Behind BofA’s Digital Life Planning App appeared first on The Financial Brand.

article thumbnail

THE 16TH ANNUAL GONZOBANKER AWARDS

Gonzobanker

The Millenials as Funding Award – Goes to Dime Community Bank for attracting press attention when it appealed to hipsters in Brooklyn as a means of funding its powerful commercial real estate niche. see https://www.bloomberg.com/news/articles/2016-06-01/this-is-how-a-banker-in-brooklyn-makes-money-on-millennials ).

Utah 60