PYMNTS

JANUARY 30, 2018

When Bank of America announced last week that it was terminating its free checking option for low-balance customers, a literal Tweet storm broke out. The new program, first launched in 2010, was a digital-only offer for customers with low-balance checking accounts. Last week, the bank shut down the program completely.

America 109

America Maryland FDIC Millennials 109

Independent Banker

AUGUST 9, 2016

Banking customers are no different. Statistics are especially compelling for those trying to attract and maintain the millennial segment. 88 percent of consumers deem rewards availability to be a top priority when choosing a financial institution (2). Retrieved April 19, 2016, from [link].

Community 70

Community Millennials Community Bank America 70

PYMNTS

APRIL 2, 2018

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.

blockchain 171

blockchain Lending User Experience Mobile 171

PYMNTS

OCTOBER 4, 2019

They view themselves as technology companies … On the other side of the spectrum, you’ve got community banks and credit unions.” ” Of the thousands of these players operating in the U.S. You don’t have to be a bank to offer these things.” In the U.S.,

Lending 152

Lending Community Bank US Community 152

Gonzobanker

MARCH 6, 2018

Can a bank making just three loans per month per branch justify the physical distribution of sales? Big banks have been in the driver’s seat on growing their market share in retail, while paring down branch networks. Consider these numbers from PwC’s 2017 Digital Banking Consumer Survey : ? Aligned and Future-Ready.

Strategy 87

Strategy Marketing Mobile Trends 87

PYMNTS

SEPTEMBER 3, 2018

But the travel industry itself, in serving companies and leisure-oriented consumers, can get a boost in streamlining travel payments and their own operations, a key finding of our Travel Payments Study. Digital Banking: Looking Cross-Border For New Opportunities . Digital developments in economies mature (such as the U.S.

Mobile 100

Mobile Course Digital Banking Survey 100

NCR

FEBRUARY 17, 2017

That includes growth areas like mobile banking, of course, but also covers traditional cornerstones of retail banking like the ATM. In the rush to serve the tech-savvy millennial market and keep up with the latest developments in mobile and digital banking, some FIs might fall into the trap of overlooking traditional channels.

ATM 85

ATM Mobile Strategy Fraud 85

PYMNTS

MARCH 2, 2020

The more enabled, the data shows, the more quickly and flexibly an FI can respond to changing consumer patterns in areas like credit usable, the more products it can offer and the efficiency it can operate and optimize its offers. Among bridge millennials, Americans biggest earning and spending demographic, the figure jumps to 41 percent.

Innovation 222

Innovation Data System Mobile 222

CB Insights

OCTOBER 10, 2018

What these startups share is the goal of creating customer-centric banking products that target underserved individuals and businesses. DOWNLOAD THE 61-PAGE consumer banking REPORT. See which startups are helping JPMorgan, Bank of America, and Citi build the digital banking platforms of the future.

Retail 78

Retail Cards Millennials Mobile 78

PYMNTS

SEPTEMBER 6, 2016

Of course, it’s not just the FinTech industry and tech-savvy millennials who are fueling digital change. For CA Technologies, the move to digital requires aligning the financial institution’s objectives, which differ for credit unions, processors of high-net worth individuals and processors, with “Agile” technology.

Security 100

Security CA Payments Big Data 100

PYMNTS

DECEMBER 15, 2017

is a rally cry that would perk the ears of many millennials, but how about “ Mastercard , assemble?”. Assemble for millennials is a toolkit that issuers, corporations and IBCUs can use to enable digital financial solutions, in this case targeting millennials, using a single-access digital prepaid product.

Millennials 134

Millennials Management Cards Security 134

William Mills

SEPTEMBER 7, 2016

I’ve heard that financial planners are having a hard time getting Millennials thinking about retirement but instead focus on short-term financial goals – homes, vacations, etc. I suspect they do (or have done) a lot of work for Bank of America since they are based in Charlotte. operation of Russian-based company.

Mobile 40

Mobile Cards Fraud Data 40

Gonzobanker

DECEMBER 19, 2016

From Hancock Bank’s Jennifer Wilson at FIS Connect. Be Careful What You Wish for Award – To all those Fintech providers that can now get an official bank charter to operate within the confines of simple regulatory requirements. The big bang project is over.” Best Free Market Research a Retail Banker Will Ever Get.

Utah 60

Utah System Community Marketing 60

Gonzobanker

DECEMBER 19, 2016

From Hancock Bank’s Jennifer Wilson at FIS Connect. Be Careful What You Wish for Award – To all those Fintech providers that can now get an official bank charter to operate within the confines of simple regulatory requirements. The big bang project is over.” Best Free Market Research a Retail Banker Will Ever Get.

Utah 60

Utah System Community Marketing 60

Fintech Labs Insights

SEPTEMBER 1, 2015

Advisor Software is a Cloud provider of sophisticated wealth management and digital investment advice APIs and apps for financial services enterprises. Alfa-Bank offers a wide range of products and operates in all sectors of the financial market, including corporate and retail lending.

Company 12

Company Software Analytics Mobile 12