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Consumers are relying more on finance apps, survey finds

American Banker

A survey conducted by Harris Poll and commissioned by Plaid found that 60% of U.S. adults are using more apps to manage money since the onset of the pandemic.

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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.

Strategy 123
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This Week’s Reads: Online Banking, Apple Pay, Payments and More

Banking 2020

Articles via The Wall Street Journal, PYMNTS.com and MIT Technology Review . 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. What have you been reading?

Apple 40
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Innovation in Digital Banking: There’s no substitute for real-world experience

Banking 2020

I appreciate the wisdom that comes with exhaustive surveys or 72-slide presentations, but out there in the field it can very different. With our solution, when the member approaches the credit union, walks in and gets a coffee, the technology does all the work. And we don’t know how different it is until we get out there.

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This Week’s Reads: Omnichannel, Mobile Check Deposit, Innovation

Banking 2020

Articles via Forbes, PYMNTS.com, Banking Technology and Bank Technology News. Meeting customers anywhere with omnichannel banking: There are more convenient, better ways to bank and consumers are quickly becoming aware of it. What have you been reading?

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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.

Mobile 40