Remove Banking 2020 Remove Cards Remove Digital Banking Remove Online
article thumbnail

CIT Bank 2020 Review

MyBankTracker

Sponsored Content Disclosure: This content was commissioned and paid for by the bank advertiser. CIT Bank is among the largest 50 U.S. banks and it also happens to be one of the biggest online banks (based on domestic deposits). Yet, many consumers have never heard of the bank. CIT Bank Savings Builder.

article thumbnail

A Five-Step Action Plan to Mobilize ‘Mobile First’

Gonzobanker

Financial institutions that are not ready to fully serve customers digitally face an existential threat. By self-education, we’re not talking about an email reminding customers that the bank is accessible by phone or drive-thru and that digital banking is open. Who prints the card?

Mobile 165
Insiders

Sign Up for our Newsletter

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

article thumbnail

From Online to Mobile to Mobile-Only

Banking 2020

Just as the onset of online banking capabilities upended traditional industry practices, the slew of mobile banking apps now on the market, and the heavy adoption of those technologies by ‘millennials’ in particular, was bound to make even online banking look old-fashioned. It almost seems inevitable.

Mobile 40
article thumbnail

Banks and Credit Unions View Fintech Partnerships a Key Growth Strategy for 2020

Gonzobanker

Financial institutions are making fintech partnerships a key priority in 2020, according to a new study from Cornerstone Advisors. In What’s Going On In Banking 2020: Outlook for a New Decade , 65% of banks and 76% of credit unions say these partnerships will be an important part of their business strategies this year.

Strategy 123
article thumbnail

This Week’s Reads: B2B Payments, Mobile Banking and Acquisitions

Banking 2020

Articles via PYMNTS.com, Banking Exchange, Business Insider, American Banker. MetaBank Bumps Up V-Card Strategy: MetaBank and StoneEagle struck a five-year extension of their partnership, which sees StoneEagle linking MetaBank’s Meta Payment Systems corporate clients into virtual B2B payment technologies.

Mobile 40
article thumbnail

5 Big Ways Mobile Banking has Changed the Industry

Banking 2020

Growing numbers of people are mobile-only customers who have either stopped using or significantly reduced their use of other banking touch points. In Crittercism’s 2015 Banking Survey , more than half of the 235 individuals surveyed reported banking online, while more than one third use mobile apps for their banking.

Mobile 40
article thumbnail

Dutch pilot shows banks could dominate digital identity provision

Banking 2020

Dutch banks are taking the lead, collaborating on a pilot digital ID scheme that will enable them to access other sites using their bank login credentials. From 2016 on, the scheme will mean consumers can utilize their online banking identity to access services at the Dutch tax authority.