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CIT Bank 2020 Review

MyBankTracker

They may be missing out given that CIT Bank is quietly offering some very attractive products that have competitive deposit rates and very low fees. Here’s an overview of CIT Bank’s most notable offerings and how it may be a better bank for your money. CIT Bank Savings Builder. CIT Bank Money Market Account.

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Going Head First with Apple Pay: Q&A with AFCU

Banking 2020

Even though the shine may have worn off, Apple Pay buzz still has a little “zz” left in it. While bankers are a little less mystified by the service, brave FIs are adopting and moving forward to become one of the first to market. W hat’s the question your members continue to ask you about Apple Pay?

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Asia Pacific set to drive mobile payments growth

Banking 2020

Mobile technology is rapidly becoming an integral part of the way that many people manage their finances and make everyday payments, with the popularity of mobile banking apps and dedicated mobile payment tools such as Apple Pay growing all the time. Key trends driving the increase.

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How Banking Can Wear the Smart Watch Well

Banking 2020

That core premise of mobile banking could get a big boost from the emerging wearable tech market in the next few years as more consumers embrace the convenience of at-a-glance notifications and actions. Leading the way currently are devices like the new Apple Watch, Motorola’s Moto 360, Samsung’s Gear line and the Pebble Watch.

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Does Amazon mPOS death signal wider payment industry woes?

Banking 2020

The latest is Amazon, which is leaving the mPOS market after barely a year. When the market is this crowded, new systems need to have a unique selling point. For example, in addition to merely accepting a payment, mPOS systems can offer stock control and inventory management. Omnichannel trouble.

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Mobile Banking: The Number One Choice for Consumers

Banking 2020

As the famous Apple ads once said, no matter what you want to do with your smartphones, there’s an app for that. And these days, this includes managing all your finances on the move.

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What Does 2015 Bring for EMV and Payments?

Banking 2020

Since the liability shift deadline is right around the corner, the issuer banks, third party processors, acquirer banks, as well as the retailers will need to start and/or complete the Chip Issuance and Acceptance in 2015. The non-compliant ones will face the risk of losing their market share.