PYMNTS

APRIL 24, 2019

It’s through these channels that most members will engage with their CUs to conduct their digital banking business. However, that’s sometimes easier said than done, as different generations of members have different priorities when it comes to their CUs’ digital banking and mobile app features. Among Gen Z members, 50.4

Innovation 134

Innovation Millennials Digital Banking Mobile 134

CB Insights

JULY 25, 2019

Fintech is often associated with digital tools targeted at tech-savvy millennials. But there is a growing market of fintech companies serving the unique financial needs of Baby Boomers and older retirees — and for good reason. Fintech services for seniors are targeting a range of sub-categories. Source: Kindur .

Millennials 73

Millennials Fintech Tools Fraud 73

PYMNTS

JUNE 21, 2017

June’s PYMNTS Digital Banking Tracker™ looks at the latest trends in the digital banking space, including efforts by banks and FinTechs to give consumers new insights into their finances and the latest developments on the path toward Open Banking. Building smarter, more informed consumers.

Report 131

Report Digital Banking Millennials Fraud 131

FICO

AUGUST 19, 2022

Tackling the Fintech Threat: A Guide for Banks and Credit Unions. What financial institutions need to compete with fintech threat disrupters. As FinTech funding rises to new record levels – $131.5 According to a 2022 report by Cornerstone Advisors , the percentage of Gen Z, Millennial, and Gen X consumers in the U.S.

Fintech 52

Fintech Millennials Lending Tools 52

PYMNTS

FEBRUARY 25, 2020

As the report states, “We … find that a significant share of consumers are willing to bank with the institutions — financial or otherwise — that offer them the best spending and money management tools.”. The highest interest is among “bridge millennials” whose card spend averages $40,000 annually. Mobile Cards: Make or Break?

Mobile 153

Mobile Cards social media Survey 153

PYMNTS

SEPTEMBER 24, 2019

Digital banks , for one, are teaming up with technology providers to accelerate settlement times for payments collected at the point-of-sale (POS). Legacy banks are similarly at work, with one major FI seeking to beat out FinTech competition by offering same-day access to credit card deposits.

Mobile 246

Mobile Payments Apple Millennials 246

PYMNTS

APRIL 18, 2017

From selfie authentication to finance tools that respond to emojis to computer-generated avatars that look and act like real people, new technological tools are giving digital banking a makeover. The April PYMNTS Digital Banking Tracker™ looks at the various ways technology is changing the digital banking landscape.

Report 110

Report Digital Banking Tools Technology 110

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. The Right Tool for Millennial Shoppers? This is especially true of millennial consumers who are more likely to consider a store’s values when making a purchase than other generations.

Millennials 117

Millennials Digital Banking Survey Tools 117

PYMNTS

DECEMBER 22, 2016

According to Chris Britt, CEO of mobile-first banking platform Chime, consumers are getting frustrated with larger, traditional financial institutions. And this frustration has created an opening for digital banking newcomers like Chime to swoop in and address these consumers’ concerns. The millennial advantage.

Millennials 100

Millennials Digital Banking Mobile Industry 100

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

NCR

APRIL 16, 2018

.” As brands seek to build up and maintain a loyal customer base in this congested region, one goal that could prove to be more significant than any other (at least as far as customer experience is concerned) is getting digital banking right. Digital demands. Image: mdgomes via iStock.

Digital Banking 49

Digital Banking Regional Customer Experience Industry 49

PYMNTS

MAY 29, 2020

We have deep dives on Main Street’s digital shift, ATM innovation and PPP loans. Civilization has progressed enough that many of us know it’s wrong to demonize a group of people due to a personal characteristic, as it isn’t based on evidence or reason, and it simply shows base prejudice. FinTechs Help Main Street Find Its Footing.

Maine 130

Maine ATM Innovation Millennials 130

CB Insights

NOVEMBER 5, 2019

There are just two China-based fintech businesses valued at over $100B in the world. The first is the financial affiliate of Chinese e-commerce giant Alibaba Group , Ant Financial , valued at $150B. The second, conceivably, is Tencent’s fintech business. learn about asia internet giants’ fintech playbooks.

Fintech 51

Fintech social media Analysis Marketing 51

Gonzobanker

APRIL 3, 2019

It’s not a “Millennial thing.” When done right, this can result in visual delivery roadmaps with milestones, and internal champions and working groups that bring needed attention to progress. According to Cornerstone Advisors research , digital account opening is the leading technology being replaced right now.

social media 108

social media Exercises Millennials Training 108

PYMNTS

APRIL 2, 2018

Consumers demand easy, digital banking, but this pressure for banks to deliver is also coming from corporate clients. Take mobile banking, which has propelled the introduction of mobile-only banks to meet demand for better services on smaller screens.

blockchain 171

blockchain Lending User Experience Mobile 171

American Banker

OCTOBER 21, 2016

Older Americans control more than two-thirds of the deposits, so why do millennials get all the attention in digital banking? Banks are perhaps missing out on a major opportunity to build value by not focusing on this group.

Millennials 28

Millennials Mobile Digital Banking Groups 28

PYMNTS

JULY 18, 2019

Drilling down a bit, and as detailed in the playbook, the data revealed that as many as 40 percent of smaller banks planned to focus on rolling out new products over the next three years, while only 8 percent of large banks said they were interested in doing the same. That bifurcation comes, said DeRosa, as demographics shift.

Innovation 155

Innovation Study Technology Millennials 155

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

Gonzobanker

JULY 27, 2018

Ask four different industry experts how satisfied bank customers are with their delivery options and you’ll likely get four completely different answers. Power 2018 survey revelation was that 71% of millennials use a branch an average of 11 times a year. Recent examples: The J.D. Another J.D. I don’t buy it.

Study 88

Study Survey Millennials Online 88

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

PYMNTS

OCTOBER 29, 2018

FinTechs … and the Banks They Wanted to Disrupt. Instead of banks being afraid of the FinTech bogeyman, it’s now more like the other way around. Over the last many years, there’s been a lot of words, and even some entire websites, dedicated to the threat to banks by the FinTechs that were out to “eat their lunch.”.

Payments 196

Payments Google Apple Innovation 196

CB Insights

JUNE 3, 2020

Mirroring other sectors, fintech activity and investment has been muted through the first five months of 2020. At the same time, the story for fintech is more nuanced. In this brief, we look at the short-term and long-term effects of Covid-19 on five parts of the fintech ecosystem: Payments. Banking & Lending.

Lending 75

Lending Capital Online Marketing 75

Fintech Labs Insights

FEBRUARY 14, 2017

February has been a big month for the innovators of Swiss digital banking leader, CREALOGIX. The company won its first Best of Show award at FinovateEurope last week, taking home top honors for its live demonstration of a virtual reality interface integrated into its digital banking hub. CREALOGIX also has a new CEO.

Digital Banking 20

Digital Banking User Experience Millennials System 20

PYMNTS

MAY 30, 2016

Digital Banking. The 411 On The Digital Banking Evolution. The latest edition of the PYMNTS Digital Banking Tracker profiled new players, as well as the latest news and expert commentaries. Digital Identity. may be unable to participate in the banking system and all it has to offer.

Trends 100

Trends Retail Fraud Mobile 100

Gonzobanker

DECEMBER 20, 2019

There is an understanding that technology and fintech are going to cause radical change, but the how, how big and when are still very unclear. The Data Award – Goes to Wings Financial Credit Union for its great approach to building an internal Strategic Insights and Member Analytics group. GonzoBankers, 2019 was a year of extremes.

Idaho 148

Idaho Conference Data Marketing 148

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. Consumers want the latest mobile capabilities.

Mobile 100

Mobile Community Bank Tools Community 100

FICO

JANUARY 19, 2018

Consumers Demand Personalized Digital Engagement from Banks, In Real Time, On Any Channel. However, while financial technology (FinTech) startups have created challenges for their legacy competitors, traditional banks and credit unions have been much more resilient than their equivalents in retail.

Analytics 45

Analytics Millennials Retail Data 45

PYMNTS

NOVEMBER 18, 2019

Smart, because if successful, these accounts could become the cornerstone for the everyday app ecosystem that every Big Tech and FinTech player has its sights set on developing – which WeChat and Alipay have already created with great success in China. 4, ahead of PayPal and Amazon. player today has all of those capabilities.

Google 177

Google Study Payments Branding 177

Fintech Labs Insights

MAY 25, 2017

Pictured (left to right): banqUP’s Lukasz Chmielewski (CTO), Dimitri Leemans (Partner, Hedera Consulting), and Krzysztof Pulkiewicz (CEO) demonstrating the banqUP small business banking platform at FinovateEurope 2017. banqUP’s smart tagging feature scans transactions and groups them into budgets to keep expenses organized.

Digital Banking 20

Digital Banking Fintech Groups Analytics 20

Fintech Labs Insights

JULY 22, 2015

At the upcoming FinDEVr , 60 leading fintech companies will present their developer-friendly APIs, SDKs, and other solutions to an audience of financial builders and their technical colleagues. It’s the one place to gather tips and techniques from a wide cross section of fintech players in just two days, all at an affordable price.

San Francisco 12

San Francisco Video Fintech Data 12

Fintech Labs Insights

JULY 16, 2015

After a month-long screening process, we narrowed the pile to the newest and most innovative ideas in fintech. Today, we’re revealing the first group of companies that will take the stage at the event. Hedgeable’s NEXT Partner Network makes private banking platforms available to millennials.

Company 12

Company Mobile Software Big Data 12

Fintech Labs Insights

AUGUST 16, 2016

Early this summer, we started reviewing applications from companies excited to present their latest fintech tools, technologies, APIs, platforms, case studies, and tutorials at FinDEVr Silicon Valley 2016. Financial Apps uses an API-led development platform that helps fintech companies achieve rapid scale.

Analytics 12

Analytics Data Fintech Case Study 12

Gonzobanker

DECEMBER 22, 2015

Disruptus Interuptus Award for fintech providers trying to beat the system that said, “Ah heck, let’s just sell and join the system”: Tie: Novelty media darling SmartyPig (SocialMoney) acquired by bank vendor Q2 for $10M. Millennials. Best Stop on the Road to Mid-Size Banks. The result? Conference Mojo Award.

Community Bank 60

Community Bank Apple Community Technology 60

CB Insights

JUNE 17, 2020

For example, Hims & Hers has rolled out free anonymized group therapy sessions — which will eventually cost $15 each — to help users cope with the stress of the pandemic. The transition to digital has been a long time coming in the finance industry.

Industry 101

Industry Technology Online Video 101

Gonzobanker

DECEMBER 19, 2016

Agile Banking Quote of the Year – “ If something takes three years to build, it’s too late. From Hancock Bank’s Jennifer Wilson at FIS Connect. Be Careful What You Wish for Award – To all those Fintech providers that can now get an official bank charter to operate within the confines of simple regulatory requirements.

Utah 60

Utah System Community Marketing 60

Gonzobanker

DECEMBER 19, 2016

Agile Banking Quote of the Year – “ If something takes three years to build, it’s too late. From Hancock Bank’s Jennifer Wilson at FIS Connect. Be Careful What You Wish for Award – To all those Fintech providers that can now get an official bank charter to operate within the confines of simple regulatory requirements.

Utah 60

Utah System Community Marketing 60

Fintech Labs Insights

SEPTEMBER 1, 2015

To whet your appetite for two days of fintech innovation, we’re releasing the full and final lineup of presenting companies for FinovateFall 2015. Eco-Mail helps businesses solve the digital mail dilemma for both outbound and inbound mail with our patented, exchange-based platform.

Company 12

Company Software Analytics Mobile 12