Community Bank Digital Banking Millennials Trends 
PYMNTS
JUNE 1, 2020
Banks today are familiar with the challenges of supporting digital platforms as an increasing number of customers turn to online-only solutions. One study found more than 45 percent of millennial users, for example, have at least considered leaving their FIs and signing up with fully digital banks.
PYMNTS
MARCH 20, 2018
for assistance with its “Digital 2x” initiative. The program aims to accelerate the integration and deployment of digital banking technologies and to improve member experiences. Further collaborations could be possible if credit unions and community banks can work better together, according to J. About the Tracker.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
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. But there’s a broader trend at play.
PYMNTS
MARCH 9, 2020
Nearly every single consumer uses an institution that provides all of those services as their primary bank. Ninety-two percent of consumers count their primary bank as either a national bank, regional/community bank or credit union. of consumers report that their primary bank is a digital-only bank (4.2
Independent Banker
OCTOBER 29, 2014
But how far are they willing to go to do their banking on small mobile devices? A consensus says that the future banking customer relationships—particularly for millennial consumers—will orbit to one degree or another around mobile technology. s entry into the payments business with Apple Pay. Ed Bachelder, payments consultant.
Gonzobanker
DECEMBER 20, 2019
. ————————————————————————— The ‘En Vogue’ Trend of the Year – Credit unions buying community banks. Sorry Millennials, you are now so yesterday like GenX and the OK Boomers.
Tech and Finance
JULY 13, 2016
While a year ago none of the big banks ranked at the top in Forrester’s mobile banking, this year Bank of America and Wells Fargo earned the highest scores, followed by Chase, US Bank, and Citi. It’s a trend that spells trouble for regional and mid-tier banks, which are falling behind the industry leaders.
Expert insights. Personalized for you.
136 
Let's personalize your content