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This Week’s Reads: Millennials, Mobile Payments, Innovation

Banking 2020

Articles via Banking Exchange, The Financial Brand ,Wall Street Journal and BankThink. Like Apple Pay, this new acquisition is another example of companies looking to expand their capabilities and enter the payments atmosphere. Spotlight Apple Pay banking innovation looppay millennials mobile payments payments samsung technology'

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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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This Week’s Reads: Mobile Payments, Banking Apps, Apple Pay

Banking 2020

More checking customers demanding mobile banking apps: Recent data confirms that consumers, especially millennials, are looking for their financial institution to offer mobile banking. In addition to mobile banking, they’re also looking for mobile check deposit capabilities. What have you been reading?

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5 Big Ways Mobile Banking has Changed the Industry

Banking 2020

alone will be using mobile banking. Consumers are hungry for new ways to make their banking easier and more efficient. Proactive banks have an opportunity to transform consumer behavior, win millennial customers and satisfy existing customers by taking advantage of the unique differentiation opportunity of mobile.

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How 2015 is Different for Retail Banks

Banking 2020

The retail banking industry has seen major changes occurring in the industry over the last few years with the adoption of mobile banking, the rise to prominence of the millennial demographic, narrowing margins, stagnant top line revenues, the future of the branch and continued regulatory changes.

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?? Generations X and Y’s “Culture of Convenience” driving financial institutions toward “mobile-first” omnichannel structures

Banking 2020

Millennials, in particular, are embracing mobile payments with open arms: 44% of Millennials would rather use their mobile phones than cash to pay for smaller ticket items. 50% of Millennials want mobile payments because they want faster transactions. 85% say they are open trying new banking and payment technologies.

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