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Main Street?s Digital Shift, ATM Innovation, PPP Loans Top This Week?s News

PYMNTS

We have deep dives on Main Street’s digital shift, ATM innovation and PPP loans. Innovating The ATM Beyond Cash. Open banking and application programming interfaces (APIs) are an important priority for the European Union, with the revised Payment Services Directive (PSD2) requiring the initiatives for the banks in the region.

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How Brick-and-Mortar Banks Can Seize The Digital Moment

PYMNTS

There was a time when consumers did not require much more from their local bank than a checking account, savings account and an ATM card. In the Playbook, we examine how the different bank types — local and regional, national and digital — are responding to these trends, in particular the demand for highly functional mobile card apps.

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Seeking Banking Balance Between Physical And Digital

PYMNTS

But, while closing physical bank branches might appear to be a wise cost-saving measure, the move comes with risks that could hurt banks’ relations with new millennial customers. Results also noted this generation is less likely to open a bank account if physical bank locations are not available in their communities.

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How Can Regional and Mid-Tier Banks Catch Up to the Big Banks in Mobile?

Tech and Finance

Regional and mid-tier banks face an uphill battle on the digital front, but have advantages they can capitalize on with some focus and determination. Alarm bells are sounding in boardrooms of regional and mid-tier banks across the U.S. Or at least they should be. The 2016 U.S. Retail Banking Customer Satisfaction Study from J.D.

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10 ideas to boost your bank brand

Long Lasting Ideas

If you want to attract millennials, take on the bicycles and the marchers at a red light with a sports car and a rock guitarist. It’s a creative way to communicate the idea of building wealth more quickly and creatively. Know your community’s cultural touchstones. It also tells the community that you care.

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How To Compete With Banks: Start With First Principles

PYMNTS

That said, some banking-like providers appear to be closing the primary banking services gap, particularly regional banks and credit unions (CUs). Ninety-two percent of consumers count their primary bank as either a national bank, regional/community bank or credit union. Seven percent (7.4) percent) or PayPal (3.2

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From Online to Mobile to Mobile-Only

Banking 2020

For everyone from lazy millennials in the suburbs to disadvantaged denizens in under-developed regions, this is a game-changer. Quite simply, mobile banking can effectively change the world by bringing banking to communities that otherwise have no access to it. It almost seems inevitable.

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