PYMNTS

JANUARY 25, 2018

In the financial services world, most buzzworthy payment innovations are frequently aimed at rendering older, physical financial concepts moot. This includes checks, brick-and-mortar bank branches, ATM cards and, yes, cash. But not all financial innovations are focused on making such concepts obsolete. Postal Service (USPS).

ATM 100

ATM Millennials FDIC New Jersey 100

PYMNTS

JUNE 21, 2019

With the bank branch of the future, large institutions such as Capital One and Fifth Third are aiming to create spaces that appeal to millennials around Chicago that provide technical support, financial advice and — in some instances — cappuccino. Pablo Sanchez, who is the head of retail banking and wealth management for HSBC in the U.S.

Chicago 120

Chicago New York City Florida Miami 120

Chris Skinner

FEBRUARY 3, 2017

Snyder, chief innovation officer at venture capitalist firm Safeguard Scientifics and a senior fellow at Wharton’s Mack Institute for Innovation Management. It should be publishing informed insights but this post was more of a headline grabber from Scott A.

Innovation 150

Innovation Millennials ATM Data 150

PYMNTS

AUGUST 17, 2017

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. A separate survey from management consulting firm Bain & Co. It has also meant working in anticipation of the changing needs of millennial users.

Millennials 132

Millennials Digital Banking San Francisco Fintech 132

PYMNTS

MARCH 2, 2020

Employers disburse all or some of employees’ wages onto the cards, and the funds can immediately be withdrawn at ATMs or used to make payments. Workers may find benefits beyond simply receiving their funds, too, as many use payment cards to manage budgeting and spending. The number of activated payroll cards in the U.S. rose from 3.1

Cards 130

Cards ATM United States Payments 130

PYMNTS

MAY 12, 2020

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. Consumers are paying with credit and debit cards more than ever before, and they are increasingly looking to their smartphones to gain greater control over how they spend and manage their money.

Regional 241

Regional National Cards Mobile 241

NCR

OCTOBER 5, 2016

There are key reasons why customers continue to value face-to-face engagement with bank staff when managing their financial affairs, generally polarising around the reassurance of ownership, depth of knowledge and decision making agility, none of which can be advertised as benefits of the self-service channel. Striking a balance.

Customer Experience 100

Customer Experience ATM Strategy Millennials 100

PYMNTS

JUNE 22, 2016

This year’s report demonstrates the growing reliance on our mobile devices to navigate daily life and manage our finances, including significant growth in mobile banking and emerging payments,” Michelle Moore, head of digital banking at Bank of America, said in a press release announcing the study’s results.

America 101

America Payments Mobile Survey 101

CB Insights

SEPTEMBER 10, 2019

While the media often portrays millennials as preoccupied with the rising prices of festival tickets and avocado toast, their real financial concerns are a bit more practical. Download the free report to find out how fintech is shaping the future of wealth management and investing. get the REPORT on next generation investors.

Millennials 77

Millennials Mobile Lending Cards 77

Fintech Labs Insights

JANUARY 15, 2016

Available only via mobile app, imaginBank is a new initiative by Spanish bank, Caixabank targeting millennials. And one in every three Spanish millennials is a customer of their bank. imaginBank also has special services for smartwatch wearers, including ATM and branch finding functionality. CaixaBank serves 2.9

Millennials 12

Millennials Mobile social media ATM 12

NCR

JANUARY 25, 2017

There are key reasons why customers continue to value face-to-face engagement with bank staff when managing their financial affairs. Video tellers, using ATM remote control technology, expand the location and service hours of routine face-to-face banking. The importance of the personal touch. Striking a balance.

Customer Experience 40

Customer Experience ATM Technology Millennials 40

NCR

JANUARY 25, 2017

There are key reasons why customers continue to value face-to-face engagement with bank staff when managing their financial affairs. Video tellers, using ATM remote control technology, expand the location and service hours of routine face-to-face banking. The importance of the personal touch. Striking a balance.

ATM 40

ATM Customer Experience Millennials Technology 40

PYMNTS

MARCH 9, 2020

That finding is also relatively consistent across income and demographic profiles, even for bridge millennials (the largely affluent 30- to 40-year-old crowd) and Gen Z respondents. The need for physical branches tops providing ATM services by a factor of almost four. The Services Expectation.

How To 232

How To Millennials ATM Fintech 232

William Mills

MAY 11, 2016

This approach makes a lot of sense– but not sure if it would meet the governance and compliance considerations of most banks and investment management firms. ^SR PayActiv helps consumers with short-term cash, available to be picked up from any ATM. Use the blockchain to manage identity, that’s one of the aims of DigiByte.

Video 40

Video Lending social media Analytics 40

CB Insights

FEBRUARY 1, 2019

Consider that: Half of Indonesia’s population is under the age of 30, with the number of millennials (aged 17-35) in Indonesia currently at 79.5M. This analysis focuses on where insurance innovation in the market is happening today and where it is headed next. Insurance in Indonesia today. in 2013 to 15.8%

Policies 61

Policies Lending Operations Examples 61

William Mills

MAY 11, 2016

CreditHQ helps businesses manage cashflow. Managing cash flow – targeted at small business in partnership with banks. ^KT. Here’s another solution for document management and origination. ^SR. Katerina Frolovicheva (MD, Technologies Innovations). ChipShield also has an integrated password management vault.

Video 40

Video Mobile social media Analytics 40

Insights on Business

JUNE 23, 2017

But as innovative as they were, they didn’t seem to pose much of a threat to century-old institutions with billions in assets. Innovating in the digital front office to serve both audiences. Fortunately, banks have a long history of technological innovation. Shareholders in a bank are usually not as patient.

Fintech 154

Fintech Innovation Technology Branding 154

PYMNTS

MAY 21, 2016

Just weeks removed from the launch, PYMNTS caught up with Ed Metzger, Santander UK’s Head of Innovation, Technology and Operations, to talk about initial impressions and what’s next for voice technology in banking. Metzger said that positive response has affirmed the value of experimenting with strategic innovation within the banking realm.

Technology 115

Technology Trends Maine Digital Banking 115

FICO

JANUARY 19, 2018

Typically, competition, innovation, and/or regulatory changes drive transformation, resulting in new products, providers, and pricing plans for consumers. That’s not because old banks went extinct, but because they met consumer demand by shifting many services online or to ATMs. According to Accenture, millennials now number 1.8

Analytics 45

Analytics Millennials Retail Data 45

NCR

NOVEMBER 15, 2017

With so much innovation and competition happening in financial services right now, it’s easy to think that the industry is becoming more and more complex. Oman Arab Bank recently announced a single digital banking platform with a simplified interface spanning various channels, including online, ATMs and mobile.

Customer Experience 59

Customer Experience Mobile Digital Banking Millennials 59

Gonzobanker

DECEMBER 22, 2015

Bank Innovation named Jill one of the 10 most innovative CEOs in banking for 2015, and we doubt that Bank Innovation would know who Jill is if not for her presence on Twitter. Idea Bank in Poland for its roaming fleet of ATM-equipped automobiles with an Uber-like app available for bank customers to order cash drop-offs.

Community Bank 60

Community Bank Apple Community Technology 60

Fintech Labs Insights

AUGUST 26, 2016

They have Braintree -owned Venmo’s ( FD2016 ; F2013 ) millennial-focused social components stamped all over them: Founded by former N26 employees, Cookies launched this week to offer Germany-based users a free P2P payment solution. A big deal in ATMs gets a second look. Venmo competition heats up. The deal closed for $1.8

Trends 12

Trends Fintech ATM Google 12

CB Insights

JUNE 17, 2020

From healthcare to education to entertainment to manufacturing, technology innovators are stepping forward to help answer that question. Now, with experts stressing the importance of rapid testing and tracking in managing the Covid-19 crisis, wearables and other health monitoring tech that enable diagnostics are taking center stage.

Industry 101

Industry Technology Online Video 101