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Diebold Nixdorf On The Roadmap To The Post-COVID-19 Bank Branch Transformation

PYMNTS

In an interview with PYMNTS, Simon Powley , head of global banking and digital strategy at Diebold Nixdorf , said financial institutions (FIs) are likely to see incremental shifts that combine digital activity with brick-and-mortar visits. In this way, digital transactions will continue to increase.

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Making Digital Card Features Stick – And Sticky

PYMNTS

And FIs want to help consumers spend money in the places where they want to spend money β€” which, in the wake of COVID-19 β€” is largely online. In other words, time is officially up for FIs to dither when it comes to digitizing. β€œIt Recreating The Card For A Digital-First World .

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Today In Payments: Citi Partners With Mastercard For Google Pay Plex Accounts; PayPal Boosts Xoom’s Money Transfer Capabilities

PYMNTS

Citi Plex account holders will receive a digital debit Mastercard, and, upon request, can opt for a contactless-enabled, physical debit Mastercard with access to 60,000-plus fee-free ATMs. Walgreens Chief Financial Officer James Kehoe said he doesn’t think Amazon’s push into the online pharmacy world is cause for concern.

Google 141
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Is the tablet banking honeymoon over?

Celent Banking

CelentΒ΄s discussions with banks have largely echoed this change, moving to a broader understanding of digital strategy and what it means to be β€œmobile.” Think about the consumer-facing branch tablet: This could be roaming personnel in the branch, tablet-like ATMs and kiosks, or as a way to streamline the on-boarding process.

Resources 100
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Two Executive Views of Digital Transformation, and Why They Both Matter

Gonzobanker

Bank of America recently reported that in 2020, 84% of all deposits were made through its automated channels (mobile, online and ATMs). Last year, BofA’s digital channels accounted for 42% of total consumer sales, 68% of consumer mortgage sales and 74% of direct auto sales.

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Mobile banking adoption growth is slower than you think

Celent Banking

While the idea that mobile banking adoption would peak at around 50% doesn’t intuitively make sense for those in the industry, it’s obvious that many consumers are perfectly fine interacting with their bank solely through online banking, ATMs, or branches; they may never become mobile users.

Mobile 100
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Modern mobile banking – what banks need to do to stand out

NCR

According to figures from GlobalWebIndex , 15 per cent of internet-connected adults only used a mobile to get online at the end of last year. For banks, this means that having a strong mobile presence isn’t an optional extra – it needs to be fundamental to their digital strategy. Mistakes to avoid.

Mobile 72