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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. FIs Or FinTechs: Who Will Power Banking’s Big Digital Shift? Companies that didn’t have online shopping channels couldn’t sell their products, while eateries that didn’t provide online ordering for delivery or pickup couldn’t serve their diners.

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TRENDING: Will Millennials Flock To Next-Day Cash Back Debit Rewards?

PYMNTS

Payment solution provider i2c recently announced a partnership with mobile banking FinTech Payfare to pay rideshare drivers using a prepaid Mastercard. Once payments are disbursed, cards can be used to make online and in-store purchases, withdraw funds from an ATM, transfer funds or pay bills. About the Tracker.

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Digital-First Banking Branches Out

PYMNTS

It’s a fair question given that ATMs and mobile banking can now make the whole “teller in a window” thing disappear permanently. We’ve all heard that millennials, for example, think of bank branches as a vestiges of another century with little relevance to their financial lives. Is that what people really want? In the U.K.,

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Credit Unions’ Digital Future: More Like YouTube, Less Like Online Banking

PYMNTS

As of 2019, three quarters of customer interactions with credit unions are digital — the remaining 25 percent is split between branch visits, ATM stops and call center calls. Millennials, Bridge Millennials and the rapidly up-and-coming Gen Z consumers mostly prefer digital banking as their go-to when they interact.

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Survey: Quarter Of Americans Open To Banking With Big Tech

PYMNTS

Despite the surge in mobile payments and online banking , no one is predicting the disappearance of traditional banks and their brick-and-mortar branches. . The details are offered in Building a Better App: Banks and the Innovation Imperative Report , a collaboration between PYMNTS and Ondot Systems, the Silicon Valley-based FinTech.

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The Finanser’s Week: 19th June – 24th June 2017

Chris Skinner

He had found a nice little FinTech start-up with a really neat Open API capability which could … How does a financial curator make money? Jeff is an actor and comedian, … Who needs millennials? I have had many, many conversations about reaching the millennial customer. We need to be attractive to millennials?

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Deep Dive: Digital-First Banking’s Challenges And Benefits

PYMNTS

Mobile and online banking’s prevalence has reduced physical branches’ importance, but these brick-and-mortar establishments are still vital to customers’ financial lives. Even millennials , who heavily lean on remote banking, still visit physical bank locations for more complex functions, such as loan applications.

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