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The Role Of ATMs In Bank Omnichannel Strategy

PYMNTS

Millennials are taking a mobile-first approach to banking, driving that transformation. However, older populations — and even millennials — still need the services provided by bank branches. Since smartphones haven’t learned how to print paper money, people still must turn to ATMs for that. The ATM Opportunity.

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Not Down For The Count, Cash Still Counts For Plenty

PYMNTS

In conversation with Cardtronics’ Brian Bailey, managing director for Global Financial Institutions, and Tom Pierce, chief marketing officer of the firm, Webster noted that even with the rallying cry of a war on cash in the digital economies — and in emerging markets — cash is alive, doing well and actually growing in terms of usage.

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Making the ATM part of a truly omnichannel service

NCR

That includes growth areas like mobile banking, of course, but also covers traditional cornerstones of retail banking like the ATM. Why the ATM is key to omnichannel. According to Retail Banking Research , the number of ATMs worldwide rose by five percent to 3.2 million in 2015. A driver of change. Image: iStock/Piranka.

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Will Consumers Bank With Their Telcos?

PYMNTS

The mobile app offers low or no-fee checking-like services, out-of-network ATM usage fees and the ability to earn 4 percent APY on balances of up to $3,000. T-Mobile MONEY isn’t the first non-bank to offer branded banking services, or to tap into the consumer desire to seek an alternative to the more traditional bank. In fact, 72.4

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A new digital bank needs a new customer service experience

Insights on Business

Next is a digital bank, completely disassociated from the Bradesco brand. Next has access to all of Bradesco’s ecosystem, ATMs, call center, internet banking. Financial management. If it doesn’t, negative news travels fast through millennial networks. How do banks prepare for this new reality? Day-to-day tasks.

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Chase Adds Rich, VIP Rewards To Sapphire DDA Accts

PYMNTS

Last month, the financial institution (FI) announced it was expanding the Sapphire credit card brand into new areas of personal finance, including checking accounts. According to a company report, the Sapphire Reserve card is popular among millennials because of the generous rewards points, which cater to their desire to travel.

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Chime’s Expanding Banking Services Menu

PYMNTS

As a pure-play digital bank, Chime offers as its primary product an entirely mobile/digital banking application that gives customers access to a network-branded debit card and a savings account. Chime also provides its customers with access to a network of roughly 40,000 free ATMs nationwide. ”