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CIT Bank 2020 Review

MyBankTracker

Sponsored Content Disclosure: This content was commissioned and paid for by the bank advertiser. CIT Bank is among the largest 50 U.S. banks and it also happens to be one of the biggest online banks (based on domestic deposits). Yet, many consumers have never heard of the bank. CIT Bank Savings Builder.

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Your Bank Is On TV

Banking 2020

Ok, so the Apple TV is finally here. If you do a web search for “Apple TV – financial services,” there’s almost nothing that relates directly to the subject. Hype aside, each new Apple release has played a critical role in changing human behavior (in fairness, the jury’s still out on the Apple Watch.). So what’s new?

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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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Wal-Mart: Checking Accounts in Aisle 3

Banking 2020

There’s no question that the very idea of retail banking has been in turmoil ever since this thing called the Internet came along. Over time it’s only gotten worse, what with attacks from a range of mobile banking applications and contactless payments, most recently the potential phenomenon named Apple Pay.

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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. Even the lack of profit should not have been an issue – no one expected Amazon to make any money from mPOS, merely build market share. Crowded space.

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Searching for the Future

Banking 2020

Of course, the betting now is that Apple Pay, which is only just hitting the market, will play exactly this role. However, the obstacles in the way of broad-scale adoption are still around, and the barrier to entry in this market is in some ways even higher than before.

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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. With demand for these services growing among consumers, having a fully-functioning mobile app is no longer a nice-to-have extra for banks, but an essential part of their offering.

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