article thumbnail

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 109
article thumbnail

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.

Apple 40
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

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.

Mobile 41
article thumbnail

Winning the Customer

Banking 2020

When we’re online, we can go anywhere, and surely do. That’s why digital capabilities have revolutionized every industry from retail and healthcare to banking—if the same services can be had from half a world away, and for a lower cost, why not avail of them? Some online-only startup, with operations based overseas?

article thumbnail

This Week’s Reads: Mobile channels, iPhone 6s and Data

Banking 2020

: Mobile banking usage is continuing to increase in popularity and it’s important that financial institutions keep mobile channels as up to date as online channels. Financial institutions should aim to educate consumers on security in order to avoid attacks. What have you been reading?

Mobile 40
article thumbnail

Mythbusters: Millennials and Their Finances

Banking 2020

According to a recent survey from iQuantifi , a virtual financial advisor, found that millennials actually think about the future of their finances. This presents a tremendous opportunity for banks, credit unions and other institutions to attract and retain millennials by offering goal-based planning services online.”.

article thumbnail

This Week’s Reads: Biometrics, Bank Drive-Thrus, Mobile

Banking 2020

Articles via CUToday.info, Biometric Update, Bank Technology News. The impersonal touch: consumers prefer mobile over phone, in-branch: According to a recent survey, United States consumers prefer mobile banking over online, branch and telephone banking. billion over the next 10-year period.

Mobile 40