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This Week’s Reads: Online Banking, Apple Pay, Payments and More

Banking 2020

Latest mobile-banking research shows laptops still reign: A recent survey of 1,000 American adults showed that Americans are still using their laptops to conduct simple banking transactions. Over three quarters of those surveyed responded that they anticipate using their laptop for banking activities in the next two years.

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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.

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This Week’s Reads: Customers Like Branches, BlackBerry Apps, Digital Banking Definition and More

Banking 2020

Articles via Banking Exchange, Mobile Payments Today, American Banker and Banking Exchange. How Apple killed the digital wallet : With the release of Apple Pay , the physical wallet still survives, but in the form of a mobile phone. : With less than 2% of U.S. What really is “digital banking”?:

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Mobile emerges as top preference for bank customers

American Banker

A recent survey by the American Bankers Association found that mobile apps surpassed online banking as the go-to platform for consumers earlier this year, and its popularity has continued to rise since the onset of the pandemic.

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Innovation in Digital Banking: There’s no substitute for real-world experience

Banking 2020

I watched a lot of online videos on swimming and bicycling, read up on triathlons and sought out advice from people I know to be experienced in these physical endeavors. I appreciate the wisdom that comes with exhaustive surveys or 72-slide presentations, but out there in the field it can very different. In short, I did my homework.

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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.

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