PYMNTS
APRIL 28, 2020
And in those cases, Jonathan Parker, an economist at the Massachusetts Institute of Technology, told the Boston Globe , the attempt was pretty successful. According to data from digital bank Current on early stimulus receivers, about 45 percent of the funds have been spent, and food was the preferred spending category.
PYMNTS
APRIL 5, 2019
Bank of America said it’s going to modernize more than 50 percent of its branches to match the changing way people bank, according to a report by Reuters. The modernized branches will have more interactive technology and a layout that will help customers who need longer visits for more complicated issues. “We and Pittsburgh.
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PYMNTS
MARCH 20, 2018
The Boston Consulting Group (BCG) has released a new report that suggests corporate bankers may be able to halt shrinking profits through digital transformation. Banks that want to attract and retain this business must continue to invest updating and enhancing their technology infrastructure while embracing emerging technology.”.
Celent Banking
JANUARY 20, 2017
Ongoing innovation in banking technology is clearly beginning to pay off, and we’ve been privileged to learn an immense amount from all of the financial institutions that took the time to tell us about their how they’ve been using technology and innovation to serve customers better, become more efficient, and mitigate risk.
Celent Banking
FEBRUARY 1, 2017
The standards of customer engagement are constantly changing, and banks are experimenting with new ways to drive increased satisfaction, higher revenue, and greater loyalty. Digital banking subsidiaries : Many banks are finding that existing systems are too rigid to accommodate a truly digital experience.
PYMNTS
APRIL 2, 2018
Consumers demand easy, digital banking, but this pressure for banks to deliver is also coming from corporate clients. Take mobile banking, which has propelled the introduction of mobile-only banks to meet demand for better services on smaller screens. According to Glover, that means banks in the U.S.
PYMNTS
FEBRUARY 4, 2019
Chief Information Officer John Lauderbach said in a press release in early January, “Our adoption of the company’s premium point-of-sale technology has already proven successful by enabling faster, more frictionless transactions for both our associates and customers.”. Roche Bros.
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