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CIT Bank 2020 Review

MyBankTracker

They may be missing out given that CIT Bank is quietly offering some very attractive products that have competitive deposit rates and very low fees. Here’s an overview of CIT Bank’s most notable offerings and how it may be a better bank for your money. CIT Bank Savings Builder. CIT Bank Money Market Account.

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How To Manage Millennials

Banking 2020

Millennials, generally defined as the demographic cohort born between 1982 and the early 2000s, will account for half of the American workforce by 2020. Here’s a look at why and how managers should adjust their style to effectively lead the new generation of workers. Voices advice management millennials work' Be transparent.

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B2B FinTech On The Cusp Of Change

PYMNTS

The alternative lending market is showing signs of defeat against traditional bank loans, and SMEs are strengthening their demands for more than the typical solutions currently offered by traditional FIs. SMEs want banks to offer bitcoin services , suggesting the cryptocurrency may not be such a failure after all. 65% of U.K.

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

Gonzobanker

Hard as it is to fathom, we’ve just seen digital banking morph from “important” to “existential” status in one week’s time, and banks and credit unions that aren’t able to market, sell and serve their customers in an entirely mobile capacity are now facing an existential threat. Who prints the card?

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Next in Mobile Payments: The Android Alternative

Banking 2020

The minute the device is placed next to the credit card terminal, it signs on. It even offers prompts to use available loyalty or gift cards. By using the debit and credit cards in the transaction, Google Wallet and Samsung Pay could be processed just about anywhere. Just tap, pay and benefit.

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Going Head First with Apple Pay: Q&A with AFCU

Banking 2020

While bankers are a little less mystified by the service, brave FIs are adopting and moving forward to become one of the first to market. To get a better sense of what adopting Apple Pay actually looks like, we chatted with Brice Mindrum, mobile services manager for America First Credit Union. We will be issuing EMV cards soon.

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How to Build a Banking Customer for Life

Banking 2020

As a financial institution, guiding your clients through personal finance, money management, and budgeting goals can help you stand out. Couple could benefit from opening a savings or money market account to use as their wedding fund and discussing opening up joint accounts together in the future.

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