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Making Digital Card Features Stick – And Sticky

PYMNTS

That left FIs scrambling to “rapidly figure out how to get that same emotional and engagement outcome when the possibility of face-to-face is virtually nonexistent,” Randy Piatt , head of product solutions at card technology firm Ondot Systems , told PYMNTS in a recent conversation. Simple: Start with the cards.

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LendingClub Gets OK To Acquire Radius Bancorp

PYMNTS

And the pandemic has done nothing but coalesce LendingClub’s digital strategy to become a full spectrum of consumer and commercial loan products across digital conduits, said Nayar (who added that LendingClub already exists as a “massive powerhouse on the loan side”). Timing, as they say, is everything. High-Yield Savings.

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Helping FI’s Develop Their ‘FinTech Sense’

PYMNTS

Everyone knows that digital and mobile services are key to success in the 2020s — not only in terms of more revenue, but also larger transformations. But that doesn’t mean all the players in payments and financial services have a solid or clear digital strategy. The age of personalized service is upon us.

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Digital banking is ready to take off in Latin America

Celent Banking

In Latin America the major milestones in Digital development we had seen were Nubank (Brazil – Market Cap $500M) and Bankaool (Mexico – ~$142M in assets), until March of 2016 when Banco Original (~$1,67Bn in assets) launched in Brazil. The bank has no branches and the interaction is 100% through digital channels and a call center.

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Goldman Sachs: Marcus Deposits At $97 Billion As 2020 Ends

PYMNTS

Supplemental materials released by the company show credit card loans stood at $4 billion, up from $3 billion in the third quarter, and $2 billion in the year-ago period. Loans tied to its cards should reach at least $20 billion in 2024, as the bank noted in an update to its strategic plan.

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Fiserv: What It Will Take For Business To Finally Get Rid Of The Paper Check

PYMNTS

But that’s a start rather than a finish, Evers said, noting that direct deposit only works for customers with traditional bank accounts and debit cards that can be used as a proxy for pushing funds to the consumer.

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2024 Trends & Predictions

Javelin Strategy & Research

Banner Section Home Rss.xml 2024 Trends & Predictions Javelin’s Trends & Predictions reports look at the coming year across the range of Javelin Strategy & Research’s practice areas—digital banking, fraud & security, payments, and wealth management—and highlight the compelling challenges and opportunities likely to emerge.

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