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CIT Bank 2020 Review

MyBankTracker

Online & Mobile Banking. Since there are no physical branches, digital banking tools are crucial to helping customers access and manage their CIT Bank accounts. And, they should be more than enough to handle the majority of everyday banking transactions. Can CIT Bank Replace Your Bank?

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This Week’s Reads: Online Banking, Apple Pay, Payments and More

Banking 2020

Over three quarters of those surveyed responded that they anticipate using their laptop for banking activities in the next two years. Major banks cashing in on Apple Pay potential: In the near future, we may see banks spend more money and time showcasing their newest capabilities, particularly those which relate to Apple Pay.

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HSBC offers customer service through Apple iMessage

American Banker

division of HSBC Bank has added Apple’s iMessaging feature to its suite of customer service channels. Instead of waiting on hold, customers can trade texts with an agent.

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This Week’s Reads: Customers Like Branches, BlackBerry Apps, Digital Banking Definition and More

Banking 2020

Customers like branches –but don’t depend on them : While branches remain critical for acquiring and retaining consumers, a recent Novantus survey shows that while consumers regularly interact with their financial institutions via digital channels, they still believe the branch is important in selecting their bank.

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This Week’s Reads: Mobile Banking, Omnichannel, Customer Experience

Banking 2020

Nowhere in the world uses mobile banking as much as Africa: A new World Bank-Gallup poll shows that there’s been more mobile banking growth in sub-Saharan Africa than anywhere else in the world. Spotlight banking customer service digital banking finances mobile banking omnichannel smartwatches'

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How 2015 is Different for Retail Banks

Banking 2020

As we begin 2015 in retail banking, here is a quick look at five trends to watch for in 2015. Digital Banking. The 2014 Federal Reserve report identified that, for the first time, more than 50% of smartphone owners are using mobile banking. Banks continued to invest heavily in this channel to differentiate last year.

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5 Big Ways Mobile Banking has Changed the Industry

Banking 2020

This shift has caused another phenomenon: Banking with a brand-name institution is now less important to consumers. There’s been a move to “white-label” banking , where banks provide the financial capabilities for payment wallets like Google Wallet and Apple Pay. Millennials have emerged as mobile trailblazers.

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