Cards Digital Banking Millennials Regional 
PYMNTS
AUGUST 21, 2020
The trend toward digitization in consumers’ lives isn’t new, but COVID-19 has accelerated it dramatically over the past several months. Deposits had already been trending away from community banks and credit unions anyway, but COVID-19 has accelerated that shift. Lesher said a few key features comprise a modern, digital-first offering.
PYMNTS
MAY 12, 2020
There was a time when consumers did not require much more from their local bank than a checking account, savings account and an ATM card. This has changed dramatically in recent years as consumers’ financial lives have migrated to the digital realm. In contrast, national bank customers are less likely to switch FIs, with 25.9
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PYMNTS
MAY 4, 2017
Brazil and Mexico — the total amount in cash payments for the region was $3 trillion in 2015, with weighted average cash use at 14 percent of GDP, with an estimated increase, annually, of 4 percent through 2020 in absolute dollars but a decline in percentage of GDP by 1.2 Turning to the Americas — defined as the U.S., do not accept cash.
PYMNTS
SEPTEMBER 15, 2020
The investment bank created its Marcus Insights platform by harnessing some of the knowledge from its $100 million acquisition of Clarity Money. Franklin Templeton Teams Up With Razer to Woo Millennial Investors. Tennessee-based regional financial services company First Horizon National Corp.
PYMNTS
MARCH 3, 2020
Mobile and online banking’s prevalence has reduced physical branches’ importance, but these brick-and-mortar establishments are still vital to customers’ financial lives. Even millennials , who heavily lean on remote banking, still visit physical bank locations for more complex functions, such as loan applications.
PYMNTS
OCTOBER 8, 2019
CUs are no longer confined to operating primarily as regional players, moving beyond the confines of original charters that had limited them to, say, specific communities or employers. The Millennial Challenge. Now the relationship has moved beyond writing checks to credit and debit cards.
Gonzobanker
APRIL 4, 2024
How does Chime’s 38 million customer count compare to the established banks? 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 Millennials, 7.5% of Gen Zers, 9.5%
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