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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. Help Customers Self-Educate. Who prints the card?

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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. Online & Mobile Banking.

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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.

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This Week’s Reads: Mobile Biometrics, Online Fraud and Mobile Applications

Banking 2020

Factoring in the cost of business success: New research shows that there will be a boom in mobile biometric payment transactions in 2016. With mobile payments continuously growing, mobile pay players have a lot more to keep up with. With more consumers using devices to shop, fraud attempt rates increased by 30% compared to 2014.

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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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Fintech partnerships help TD weather the pandemic

American Banker

Mobile and online banking technologies that the Toronto bank previously rolled out, including a virtual assistant developed by Kasisto and money management tools made by Moven, have become much more popular since the arrival of COVID-19.

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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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