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Digital Banking Gaining Scores Of New Users

PYMNTS

Migration to mobile and digital banking ramped up during the pandemic. It’s one of numerous revelations in PYMNTS’ Leveraging The Digital Banking Shift Report , a collaboration with Feedzai , based on a survey of nearly 2,200 U.S. percent of mobile banking users and 53.1 percent of mobile banking users and 53.1

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Credit Cards Comparison: PSECU vs. Citi

MyBankTracker

Credit cards can be powerful financial tools for earning rewards, consolidating debt, and improving personal credit when used properly. PSECU offers two competitive credit cards that are able to stand toe-to-toe with popular credit cards on the market. Cash Rewards: PSECU Founder’s Rewards Card vs. Citi Double Cash.

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The LatAm Fintech Market Map: 75+ Companies Disrupting Banking, Financial Services

CB Insights

Note that the market map is illustrative, and not exhaustive of companies in the space. Digital Banking : Companies providing online and mobile banking services in place of traditional branches. PayClip offers PoS payments solutions (such as a mobile card reader) and has raised $46M. Digital Banking.

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Curve Aims To Become The Amazon Of Banking

PYMNTS

The Amazon comparison came from Bialick, who also said that the three-year-old firm is looking to become more of a platform for services from various providers, explaining why it has not applied for a banking license. As we get older, of course, we take on any number of ways to pay, from debit PayPal to credit, to … more credit.

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The rise of Monzo, Revolut, and Starling and a comparison of Facebook and Whatsapp

Lex Sokolin

The massive digital payments volumes figures and money market amounts eclipsed all expectations. to be a marketplace of digital products and services powered by a core, modern financial experience. In American terms, you should think of Visa or MasterCard as a comparison, or maybe American Express. It’s not impossible.

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Where Does Chime Go From Here?

Gonzobanker

Because banks like Bank of America, Chase, Wells Fargo and other large regional banks have highly diverse product lines, making a direct comparison of number of customers nearly impossible. of the market, and JPMorgan Chase—the nation’s largest bank (in terms of assets)—counts 7.6% That works out to 8.1%

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Banks Need to Close the Personalization Gap

Gonzobanker

If you thought, however, that after 28 years, banks had perfected the art of personalization, you’d be wrong. According to Jim Marous, CEO of The Digital Banking Report : “Consumers expect financial institutions to understand their needs and deliver personalized solutions similar to what they receive from fintech and Big Tech firms.

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