CB Insights

JULY 25, 2019

Fintech is often associated with digital tools targeted at tech-savvy millennials. Download the free report to find out how fintech is shaping the future of wealth management and investing. Money management tools are helping people stay independent. Estate planning gets a digital makeover. Table of contents.

Millennials 73

Millennials Fintech Tools Fraud 73

PYMNTS

JULY 1, 2020

But one thing is clear: Americans would be willing to dispense with their local bank and make Amazon , Apple or Google their primary payment account provider if those 21 st -century accounts allowed them to more easily manage and spend their money. A PYMNTS survey of 3,000 U.S. The results?

Survey 183

Survey Cards Millennials ATM 183

PYMNTS

JUNE 21, 2017

Whether it’s in-app tools that offer advice on monthly spending, new services to help parents teach their kids about money management or a publicity campaign aimed at raising public awareness of the threats posed by cyber fraud, the financial sector is making consumer education a priority. Building smarter, more informed consumers.

Report 131

Report Digital Banking Millennials Fraud 131

FICO

DECEMBER 5, 2022

Top 5 Surprises from FICO’s Fraud and Digital Banking Survey. Financial Institutions, such as banks, have expended great effort to improve digital security, yet bad actors are multiplying and attacks have increased in scope and frequency. Download the white paper on this survey. FICO Admin. by Sarah Rutherford.

Survey 52

Survey Fraud Digital Banking social media 52

PYMNTS

AUGUST 17, 2017

But, while closing physical bank branches might appear to be a wise cost-saving measure, the move comes with risks that could hurt banks’ relations with new millennial customers. Results also noted this generation is less likely to open a bank account if physical bank locations are not available in their communities.

Millennials 132

Millennials Digital Banking San Francisco Fintech 132

PYMNTS

MAY 12, 2020

Consumers are paying with credit and debit cards more than ever before, and they are increasingly looking to their smartphones to gain greater control over how they spend and manage their money. percent of national banks, versus 77.5 percent of local and regional banks, according to respondents. Overall, national banks offer 6.9

Regional 241

Regional National Cards Mobile 241

PYMNTS

JUNE 22, 2017

New digital banking solutions are creating new options for these citizens to make a difference in the world through their consumer purchases. trillion , representing about one-fifth of all managed investments. The Right Tool for Millennial Shoppers? As of early 2016, SRIs had spiked a third to $8.72

Millennials 117

Millennials Digital Banking Survey Tools 117

PYMNTS

SEPTEMBER 21, 2016

According to recently released research from the American Bankers Association, mobile banking is becoming increasingly popular among consumers of young ages. Members told us they had been using other voice technologies, like the Alexas or Siris of the world, and they wanted to use the voice command to do their banking,” Advani explained.

Digital Banking 100

Digital Banking Mobile Apple Millennials 100

CB Insights

DECEMBER 10, 2020

Bank of America, for one, saw profits drop 16% year-over-year (YoY) in Q3’20 to $4.9B. The pandemic has also accelerated recent trends in banking, especially among the millennial demographic, which tends to favor digital banking and online brands over traditional banks. First name. Company Name.

America 101

America Lending Cards San Francisco 101

PYMNTS

JULY 31, 2017

In an effort to better serve millennial business owners, Sandia Laboratory Federal Credit Union partnered with Alkami Technology to offer more digital banking solutions, including bill pay, personal finance management tools and P2P services. Some of these partnerships were specifically aimed at helping SMBs.

Report 114

Report Innovation Regulation National 114

PYMNTS

MARCH 2, 2020

percent of IT-enabled banks. Among bridge millennials, Americans biggest earning and spending demographic, the figure jumps to 41 percent. When it comes to opening a “bank” account with a FinTech, the number willing to seriously consider it jumps to over 36 percent. According to PYMNTS data, 62.8

Innovation 222

Innovation Data System Mobile 222

Fintech Labs Insights

JANUARY 15, 2016

Available only via mobile app, imaginBank is a new initiative by Spanish bank, Caixabank targeting millennials. CaixaBank CEO Gonzalo Gortázar said the new mobile-only bank was part of a “commitment to providing new services that perfectly complement the more traditional banking model.” CaixaBank serves 2.9

Millennials 12

Millennials Mobile social media ATM 12

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. Epperson, a managing director at the global business advisory firm AlixPartners LLP.

Mobile 105

Mobile Community Bank Community Technology 105

CB Insights

OCTOBER 10, 2018

What these startups share is the goal of creating customer-centric banking products that target underserved individuals and businesses. DOWNLOAD THE 61-PAGE consumer banking REPORT. See which startups are helping JPMorgan, Bank of America, and Citi build the digital banking platforms of the future.

Retail 78

Retail Cards Millennials Mobile 78

Banking 2020

FEBRUARY 9, 2016

alone will be using mobile banking. Consumers are hungry for new ways to make their banking easier and more efficient. Proactive banks have an opportunity to transform consumer behavior, win millennial customers and satisfy existing customers by taking advantage of the unique differentiation opportunity of mobile.

Mobile 40

Mobile Industry Millennials Survey 40

CB Insights

JULY 11, 2019

get the building the bank of the future report. Download the free report to find out about the rise of digital banking, challenger bank strategies and how incumbents are fighting back. As a result, consumer adoption is at an all-time high. Business model transparency with competitive pricing and fees.

Fintech 64

Fintech cryptocurrency Examples Cards 64

CB Insights

NOVEMBER 5, 2019

Download the free report to find out how Asia’s internet giants are creating the playbook for fintech super apps. In May, for example, Invesco announced that it had quadrupled the assets managed by its local joint venture, Invesco Great Wall, to $31.5B, since the fund was added to Yu’e Bao in June 2018.

Fintech 51

Fintech social media Analysis Marketing 51

PYMNTS

DECEMBER 21, 2016

The December edition of the Digital Banking Tracker™ details how financial institutions are working to help their consumers stay in good fiscal shape next year. Meanwhile, FinGo and eWise are also offering a new app to help millennial customers manage multiple bank accounts from a single screen.

Mobile 100

Mobile Report Digital Banking Exercises 100

PYMNTS

MARCH 17, 2016

PYMNTS recently caught up with Matthew Lehman, KeyBank’s SVP, Head of Online and Mobile, to discuss the evolution of digital banking and how a full-service bank is embracing digital and evolving along with its customers. Digital adoption – no longer solely a millennial-focused play.

Digital Banking 100

Digital Banking Mobile Millennials Innovation 100

PYMNTS

MAY 21, 2016

The bank opted to pilot the technology in its student app, he said, because millennials are known early adopters. What we want to see over time is how people continue to use it, especially to help them better manage their nuances,” Metzger said. To download the May edition of the Digital Banking Tracker™, click the button below.

Technology 115

Technology Trends Maine Digital Banking 115

PYMNTS

SEPTEMBER 23, 2016

Nine years after the introduction of the iPhone to the market — and the subsequent great mobile leap forward — the verdict is pretty much in on mobile banking applications: Consumers like it, verging on loving it, and are eager for more of it. Double-Edged Digital Banking Sword. The other half offers something very out-of-date.

Mobile 100

Mobile Community Bank Tools Community 100

William Mills

SEPTEMBER 7, 2016

Data and Analytics are a profit center rather than something that just needs to be managed. Demo: A Wealth Management Company (ACME)– GoodData can embed analytics directly in ACME’s dashboard. Both money management and helping consumers to save (and have access to emergency funds) is vital to our economy.

Mobile 40

Mobile Cards Fraud Data 40

PYMNTS

NOVEMBER 18, 2019

Smart, according to Google, because it will provide its checking accountholders with money management tips to optimize and manage the funds in those accounts – funds linked to payments and identity credentials that consumers can use to buy things, pay bills and send money to others in and outside the Google ecosystem.

Google 177

Google Study Payments Branding 177

Fintech Labs Insights

AUGUST 1, 2016

AutoGravity’s mobile-first digital marketplace helps digitally-minded customers looking to buy and finance a vehicle circumvent the inefficiencies of the auto financing process by leveraging the full potential of their smartphone. brandCrowder has developed an alternative investment platform focusing on branded franchises.

How To 12

How To Analytics Millennials Data 12

Fintech Labs Insights

JULY 22, 2015

Advisor Software will provide an overview of its wealth management cloud platform – an end-to-end suite of APIs, apps and widgets that power digital investment advice and financial planning applications. Backbase will talk about its Digital Banking Platform and its Open Banking Marketplace.

San Francisco 12

San Francisco Video Fintech Data 12

PYMNTS

JUNE 4, 2020

By contrast, digitally savvy FIs that had already been boosting their mobile capabilities are seeing more than a 360 percent increase. OnDot has seen the open rate on FIs’ downloaded mobile apps more than double, from about 35 percent in the pre-COVID-19 era to 79.06 It’s not just about digital self-service.

Mobile 141

Mobile UX Cards Payments 141