PYMNTS

DECEMBER 28, 2018

Pierce said the consumer data shows that 13 percent of credit union members have been a victim of card fraud , and 4 percent have had their identities stolen in the last year alone. Moreover, Lynch told PYMNTS, the fraud is coming across on all channels. So, they are just as covered by fraud liability.

Fraud 131

Fraud Mobile Security Cards 131

Accenture

OCTOBER 3, 2017

Now, with PSD2 implementation across Europe just a few months away, new research from Accenture points to a major opportunity for UK banks: We’ve found that more than two-thirds (69 percent) of UK consumers say they won’t share their personal financial data with third-party providers. Fear of fraud is the primary factor.

social media 151

social media Millennials Online Fraud 151

PYMNTS

APRIL 2, 2020

Competition for customers — especially millennials — from larger banks and FIs has long required credit unions to keep pace with their more innovative counterparts. This often means providing digital solutions and convenient banking options despite smaller technology and innovation budgets, however.

United States 174

United States Security Innovation Mobile 174

PYMNTS

MARCH 24, 2020

Mobile banking apps are designed to make digital banking more convenient for customers, yet 21.7 This was just the first of many questions PYMNTS examined in the Consumer-Centric Authentication Playbook: The Path To Banking App Adoption Edition , in collaboration with Entersekt.

UX 150

UX User Experience Survey Meeting 150

PYMNTS

SEPTEMBER 3, 2018

In the latest survey of just about 10,000 gig economy workers, only 47 percent of those gig workers have a regular full-time job. The survey, done in conjunction with Unifund , uncovers that in general, among the four categories (No Worries, On the Edge, Second Chances and Shut Outs), many Americans live paycheck to paycheck.

Mobile 100

Mobile Course Digital Banking Survey 100

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.

Mobile 105

Mobile Community Bank Community Technology 105

PYMNTS

SEPTEMBER 6, 2016

Of course, it’s not just the FinTech industry and tech-savvy millennials who are fueling digital change. Citing the PYMNTS Global Fraud Attack Index , Jenkins explained that there were 27 fraud attacks for every 1,000 transactions in Q4 2015, an increase of 215 percent over 12 months. Now located in the U.S.,

Security 100

Security CA Payments Big Data 100

PYMNTS

MAY 30, 2016

Nearly 40 percent of SMBs surveyed had (or were in the process of) deployed EMV, with another third planning to do so in the next 12 months. Global Fraud Attacks. Online Fraud Attack Rates Soar Since October. Everyone said that fraud would move online in the U.S. Digital Banking. Digital Identity.

Trends 100

Trends Retail Fraud Mobile 100

PYMNTS

JANUARY 30, 2018

Cherny said that in the land of digitization of everything, including financial services, many players have quickly learned that their customer base was not nearly as captive as they thought. Cherny noted that while his firm serves all demographics of customers, millennials tend to be their largest audience.

America 109

America Maryland FDIC Millennials 109

PYMNTS

JANUARY 2, 2017

DIGITAL BANKING TRACKER. The Digital Banking Tracker looks at how old ways of banking are evolving with the advent of faster technology that allows customers to get real-time updates on their accounts, share money with ease among contacts and even open accounts with a selfie. billion by 2020.

Retail 123

Retail Millennials blockchain Mobile 123

Gonzobanker

DECEMBER 22, 2015

A few of us adopted the Apple Watch in hopes of keeping pace with current consumer trends the, promise of Apple Pay, and to answer our clients’ questions about the potential impact the watch could have on end-user digital banking expectations. Millennials. Calling all bank and credit union execs! The result?

Community Bank 60

Community Bank Apple Community Technology 60

Fintech Labs Insights

JULY 22, 2015

Backbase will talk about its Digital Banking Platform and its Open Banking Marketplace. Fueled by a strong, open API strategy, Backbase’s platform gives FI’s the ultimate freedom and flexibility to work with any core and third party vendor, to create a best-of-breed digital banking offering for their clients.

San Francisco 12

San Francisco Video Fintech Data 12

PYMNTS

JUNE 4, 2020

For example, meal delivery services orders are up 33-fold, while digital grocery orders have risen 400 percent. The expert added that these changes aren’t just reaching millennial and digital-native consumers, but also “my 80-year-old parents. It’s not just about digital self-service.

Mobile 141

Mobile UX Cards Payments 141