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Debit Beats Credit With Bridge Millennials

PYMNTS

Older “ bridge millennials ” led the way when it comes to living within one’s means by showing a clear preference for debit products. Recent research shows that mobile wallets are more likely to have debit cards loaded than credit, tracking with popularity among millennials even more than Gen Yers. Safe, but Not Immune.

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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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Deep Dive: Why FIs, Businesses Must Readjust Their Debit Fraud Protection Strategies In 2021

PYMNTS

Merchants, card issuers and banks are no strangers to facing off against evolving fraud threats. Debit-related fraud is a particular concern for businesses and banks as failing to thwart such schemes could have significant and costly consequences. Debit And The Fraud Catch . A PYMNTS study on U.S. A PYMNTS study on U.S.

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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. FIs need to have the ability to find and thwart fraud, without accidentally sweeping up legitimate clients. Millennials Are Facing Their Second ‘Once-in-a-Lifetime’ Financial Crash .

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Debit, ATMs And The New Age Of Bank Branches

PYMNTS

That brings up some questions for banks: What are the opportunities for banks with debit, and with branches, and even with ATMs? Bank, said that cash remains the most common method of transactions and “what’s amazing about that is that millennials are the most likely users of cash. In short, how to tangibly capitalize on the tangible?

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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.

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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. Image: iStock/Piranka.

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