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Four Things To Know About Balancing UX And Security In eCommerce

PYMNTS

Consumers are likelier to place their trust in brands they recognize, but Linden said they should not do so blindly. Big brands like Target , Home Depot and Equifax have experienced massive cyberattacks, while less prominent ones may be more watertight. Trust is not always based on facts.

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Banks On Notice: Fintechs Are Coming For Checking Accounts & Debit Cards

CB Insights

One of the biggest trends in fintech today is the rise of digital banking products like mobile checking accounts and new debit cards. From Square to Paypal, a host of fintechs are creating products that let consumers spend money directly out of digital accounts using a physical card. get the 86-page fintech report.

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EMV’s 12 Elephant Fail and the Case for Contactless

Javelin Strategy & Research

It’s been a long anticipated issue with EMV – the time it takes to “dip” a card compared to the much accustomed “swipe”. It’s not so much the time it takes, it’s more that it’s dead time – you have nothing to do but stare at a POS display waiting for the acknowledgement that you’re able to take the card out again. Insert card – check.

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The Great Filter for Digital Challengers

Celent Banking

It seems like almost weekly I’m hearing something about a new challenger or digital-only bank brand. It had outages with its third party card processor, and then a few days later customers reported not being able to properly view their balances or display transactions. It reminds me of The Fermi Paradox.

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Feature Friday: Discover’s Interactive Checking Account Comparison

Fintech Labs Insights

Discover’s responsive page dedicated to selling its Cashback Checking is a thing of beauty from top to bottom (though we have some suggestions on a few of the finer points of the UX ). But the card giant makes it easy to compare against four other major brands ( US Bank , Wells , Capital One and Fifth Third ).

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The 2022 GonzoBanker Awards

Gonzobanker

As if that wasn’t enough, regulators took a sledgehammer to debit fee income with Reg II changes that will begin reducing card-not-present interchange fees starting in July 2023. Acronym of the Year – CCCA (Credit Card Competition Act). Goes to Allison Netzer and Liz High for their provocative tome, Think Like a Brand, Not a Bank.

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The 2019 GonzoBanker Awards

Gonzobanker

Second Curve analyst Zack Maxfield opened a TD Bank checking account on his phone in nine minutes while he waited to speak with a teller at one of the bank’s branches, but waited an hour to fund the account and order a debit card. The 2019 Industry Oh Sh*t Moment Award – Goes to Apple and Goldman Sachs for the Apple Card launch.

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