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Marqeta to focus on growing product suite in 2020

Bank Innovation

If 2019 was the year of the challenger bank, 2020 will be the year payments companies move closer to bank territory. Marqeta, the card issuing and processing startup supporting the capabilities of large companies like Kabbage and Square, sees 2020 as a big year for payments companies branching out into banking.

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Future of Customer Experience in Digital Banking

Banking 2020

Tech savvy banking customers are not only comparing their digital experience with that of other banks, but also with their digital experiences in the non-banking world, like retail or telecom. Across the globe, adoption of mobility is surpassing the Internet and all other channels in banking.

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

Gonzobanker

Fintechs can provide better design capabilities, improved customer experience, research states. Financial institutions are making fintech partnerships a key priority in 2020, according to a new study from Cornerstone Advisors. The annual What’s Going On In Banking study explores how senior executives from 300 U.S.

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Can Midsize Banks Keep Pace?

Banking 2020

The progress in these areas is clearly making a difference as banks have rebounded from low, post-recession customer satisfaction to an all-time high score of 790 (on a 1,000-point scale) in the J.D. Retail Banking Satisfaction Study SM. . Can Midsize Banks Keep Pace? Power 2015 U.S. Avoiding Problems.

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What Should a Bank Sound Like?

Banking 2020

For a bank to thrive online, it has to create meaningful conversations with its customers about life’s big financial decisions. A lot of retail banks talk about how they’re ‘customer-friendly’, even though no friend would use the language we see in a typical mortgage application, bank statement, or credit card letter.

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From Omni-Channel to Omni-Cliché: Don’t Define, Just Engage

Banking 2020

Again, technology might be the foundation for a significant part of this experience, but it’s a means, not an end. Earlier in my own career, I spent two years in specialty retail developing mobile associate tools that integrated channels in a single view.

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