Banking 2020

JUNE 12, 2015

Do Americans hate bank branches so much they’d rather use their phone?: A recent survey found that 23% of consumers choose to use their smartphones as their primary access point for their checking accounts, showing a significant amount of consumers who choose mobile banking over their bank branch.

Fintech 40

Fintech Customer Experience Regulation Survey 40

Banking 2020

NOVEMBER 19, 2015

But impending regulation changes mean banks won’t even have a choice about this risk. PSD2 means banks will have to open up their systems to third party payment providers (TPPs). The era of open-access API banking is upon us, but offering third parties a way into a bank’s systems is not without risks.

Security 40

Security Fraud Regulation System 40

Tech and Finance

APRIL 29, 2016

PWC Retail banking. In its report on Retail Banking 2020 — Evolution or Revolution, PWC optimistically ignores many of the details of its survey and concludes that banking has a great days ahead.

Retail 28

Retail Regional Innovation Survey 28

Tech and Finance

APRIL 29, 2016

PWC Retail banking. In its report on Retail Banking 2020 — Evolution or Revolution, PWC optimistically ignores many of the details of its survey and concludes that banking has a great days ahead.

Retail 28

Retail Regional Innovation Survey 28

Banking 2020

OCTOBER 30, 2015

A new study from Business Insider’s BI Intelligence graphically illustrates the erosion in branch banking services. Focusing specifically on that evolving demographic known as millennials, the survey of 1,500 respondents aged 18-34 reveals that nearly three-quarters visit a branch once a month or less.

Community 40

Community United States Survey Millennials 40

Banking 2020

NOVEMBER 9, 2015

While there’s plenty of reasons for optimism from the new survey, the payments industry still needs to tread carefully if it is to provide convenient, easy-to-use solutions that are tailored to the unique situations of each nation.

Mobile 40

Mobile Payments Regional National 40

Banking 2020

JANUARY 21, 2016

A report for the New York State Department of Financial Services found a third of the 40 banks it surveyed had poor safeguards when working with third-party vendors. Regulator Benjamin Lawsky warned that “third-party firms can provide a backdoor entrance to hackers who are seeking to steal sensitive bank customer data”.

Mobile 40

Mobile Payments Security Innovation 40