Remove Digital Banking Remove Fraud Remove Millennials Remove Regional
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Deep Dive: Digital-First Banking’s Challenges And Benefits

PYMNTS

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.

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The Impact of Mobile Card Apps On FI Customer Retention

PYMNTS

Deposits had already been trending away from community banks and credit unions anyway, but COVID-19 has accelerated that shift. In fact, the majority of 2020’s new accounts have gone to megabanks and digital banks, not to community institutions. FinTech players are also grabbing deposits.

Cards 224
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Main Street?s Digital Shift, ATM Innovation, PPP Loans Top This Week?s News

PYMNTS

FIs need to have the ability to find and thwart fraud, without accidentally sweeping up legitimate clients. In a feature story, Uma Wilson, executive vice president and director of treasury management, card and bank product UMB Bank , discusses analyzing client behaviors throughout channels to find unusual activity.

Maine 130
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 PSCU Looks At The (Strong) State Of The CU As 2020 Beckons

PYMNTS

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. There’s a younger generation in the U.S. And one credit union experiencing a cyber hit is always a huge concern.

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What’s Trending So Far In 2016

PYMNTS

Global Fraud Attacks. Online Fraud Attack Rates Soar Since October. Everyone said that fraud would move online in the U.S. The latest report by PYMNTS and Forter shows that the rate of online fraud attacks has jumped by 11 percent since October and by 215 percent since last year. Digital Banking.

Trends 100
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How 60+ Startups Are Disrupting Retail And Commercial Banking Around The World

CB Insights

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. Millennials.

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Does Anyone Outside PR Firms Think Surveys Are Newsworthy?

Tech and Finance

Latin American banks are racing to deliver digital banking to the masses says report released today by Temenos. Regional change is driven by changing customer behaviour and demands according to 55% of banking survey respondents. Most notably, merchant support for Apple Pay has gone down from 48% to 35%.

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