Remove ATM Remove Fintech Remove Millennials Remove Operations
article thumbnail

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? Innovating The ATM Beyond Cash. Millennials Are Facing Their Second ‘Once-in-a-Lifetime’ Financial Crash . FinTechs Help Main Street Find Its Footing.

Maine 130
article thumbnail

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?

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

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

PYMNTS

Even millennials , who heavily lean on remote banking, still visit physical bank locations for more complex functions, such as loan applications. Digital-first transformations can improve personalization and operating efficiencies, but they also bring challenges, including adoption-related costs and new avenues for fraud.

ATM 151
article thumbnail

CUs Work Together To Stay Ahead Of The Competition

PYMNTS

Their traditional banking rivals are now supplemented by young, agile FinTechs that advertise the most advanced technology and much greater efficiency than their legacy counterparts, meaning that CUs must lean into their strengths to get ahead. Few are more familiar with this challenge than St. Louis, specifically, is very overbanked.”.

St. Louis 130
article thumbnail

Seeking Banking Balance Between Physical And Digital

PYMNTS

With more consumers moving to mobile transactions over visits to branches, some banks are considering closing brick-and-mortar locations to reduce operational costs. The price of real estate is prompting even the largest players in the banking world to scale back their branch operations. Getting in Front of Change.

article thumbnail

A new digital bank needs a new customer service experience

Insights on Business

Next has access to all of Bradesco’s ecosystem, ATMs, call center, internet banking. They use the Bradesco infrastructure, but they operate in parallel. Revamping the company’s internal structure is one of the first steps Bradesco took to achieve the goal of creating experiences that meet expectations of millennials.

article thumbnail

How Cross River Bank Keeps Cash Flowing

PYMNTS

This includes checks, brick-and-mortar bank branches, ATM cards and, yes, cash. The ATM Real Estate Advantage. Cross River teamed up with Mastercard in 2017 to launch Mastercard Cash Pick-Up, a disbursement service that delivers cash on behalf of businesses to vetted recipients through a network of ATMs. Postal Service (USPS).

ATM 100