PYMNTS

MARCH 13, 2017

As banking becomes more digital, more financial institutions are turning to technological solutions to bring more customers on board. Several banks are rolling out banking solutions that are specifically focused on winning over millennial customers as they come of age and join the marketplace as adults. In the U.K.,

Report 149

Report Digital Banking Millennials Tools 149

PYMNTS

JUNE 9, 2020

Especially their brick-and-mortar footprints tied to the digital branch. Right now, at least as found recently in the PYMNTS/PSCU collaboration , “Credit Union Innovation Playbook: Challenger Banks Edition,” CUs face some competitive pressures. . percent believe challenger banks will be competitive threats in the coming years.

Digital Banking 133

Digital Banking Millennials Lending Marketing 133

Abrigo

OCTOBER 21, 2019

A tech culture can be a catalyst for growth and put your customers at the center of the banking experience. Start by looking inward To develop a digital, customer-centric financial institution, it must first look inward. Does your financial institution support a culture of innovation and an environment that welcomes new technology?

Oklahoma 218

Oklahoma Millennials Innovation Technology 218

PYMNTS

MAY 1, 2020

Among the fascinating findings in PYMNTS’ ongoing surveys of Main Street SMBs during the pandemic is this: A majority of small businesses that did not apply for government bailouts simply wished to avoid debt. No matter what. Not even COVID-19 could tempt them. It’s a powerful statement on payments preference. Debit’s Destiny.

Guidelines 131

Guidelines Digital Banking Millennials Online 131

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

Tech and Finance

JUNE 14, 2018

In a recent blog at Articulate Communications I wrote about the number of surveys that public relations firms send out, and how useless many of them are. I just reviewed my Inbox to see what the recent evidence is…the results are below and include six surveys I have received so far today.

Survey 28

Survey Millennials Fraud Mobile 28

PYMNTS

MAY 12, 2020

How can conventional banks stay relevant and stand out in this shifting digital landscape? This series, based on a survey of 3,000 cardholding U.S. consumers, seeks to better understand how spending and banking preferences are changing in the digital age. percent of national banks, versus 77.5

Regional 241

Regional National Cards Mobile 241

PYMNTS

JANUARY 29, 2020

On top of all this new technology is a core banking system that Together is preparing to deploy in the coming months that will fuel even more advanced innovations. Technology like this is especially important for attracting new members, particularly younger generations like millennials and Generation Z.

St. Louis 130

St. Louis Missouri Survey Kansas 130

PYMNTS

JUNE 22, 2016

When it comes to American consumers, many may not be ready to admit how dependent they’ve grown on devices and the impact that’s had on the rapid growth of mobile banking and payments. The data shows there is an ever-growing daily dependence on mobile devices.

America 101

America Payments Mobile Survey 101

PYMNTS

MARCH 3, 2020

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.

ATM 151

ATM Fraud Study Regional 151

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.

social media 151

social media Millennials Online Fraud 151

Banking 2020

SEPTEMBER 4, 2015

Articles via Banking Exchange, PYMNTS.com, Enterprise Innovation. Mobile check deposits continue to rise: A recent survey found that one in seven Americans have deposited a check using a mobile device within the past year. Below are interesting stories the Banking.com staff has been reading over the past week.

Mobile 40

Mobile Payments Survey Millennials 40

FICO

AUGUST 19, 2022

According to a 2022 report by Cornerstone Advisors , the percentage of Gen Z, Millennial, and Gen X consumers in the U.S. who consider a digital bank (like Chime, Cash App, or PayPal) to be their primary checking account provider has more than doubled since 2020. Buy Now, Pay Later. If you don’t, the market will pass you by.

Fintech 52

Fintech Millennials Lending Tools 52

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

Jenkins sees two worlds — banks and payments — that both need to come together to address cybersecurity. Payments had been relatively static with innovation around cash, checks and credit cards. Then, there was sudden exponential growth in innovation. Now located in the U.S.,

Security 100

Security CA Payments Big Data 100

PYMNTS

MARCH 9, 2020

More than half of all consumers say that having a physical branch is important for a bank to be considered their primary bank. That finding is also relatively consistent across income and demographic profiles, even for bridge millennials (the largely affluent 30- to 40-year-old crowd) and Gen Z respondents.

How To 232

How To Millennials ATM Fintech 232

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. Digital Banking. The 411 On The Digital Banking Evolution. Digital Identity. may be unable to participate in the banking system and all it has to offer.

Trends 100

Trends Retail Fraud Mobile 100

PYMNTS

JULY 9, 2018

Open banking, set in motion globally by a regulatory fiat called PSD2 , gives licensed third parties access to banking infrastructure so that they can make their services available to existing bank customers. Digital music has been unbundled since the iPod and iTunes got a head of steam in 2001.

Strategy 105

Strategy Millennials Online Branding 105

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.

Retail 123

Retail Millennials blockchain Mobile 123

FICO

JANUARY 19, 2018

Typically, competition, innovation, and/or regulatory changes drive transformation, resulting in new products, providers, and pricing plans for consumers. And the origins of that shift are pretty easy to identity: having had a taste of the convenience of the digital revolution in other industries, consumers demanded it of their banks as well.

Analytics 45

Analytics Millennials Retail Data 45

PYMNTS

NOVEMBER 18, 2019

6 behind Visa, PayPal, Amazon, Mastercard and the consumer’s existing bank as the player consumers trust to enable an innovative, connected purchasing experience. Consumers may get reminders for bills to pay via Gmail and then go to their online banking site or to their mobile app to pay them. 4, ahead of PayPal and Amazon.

Google 177

Google Study Payments Branding 177

Gonzobanker

DECEMBER 22, 2015

No one has been more successful at using social media to generate awareness and a positive image for their bank than Jill (@JillCastilla, @CitizensEdmond). Bank Innovation named Jill one of the 10 most innovative CEOs in banking for 2015, and we doubt that Bank Innovation would know who Jill is if not for her presence on Twitter.

Community Bank 60

Community Bank Apple Community Technology 60

CB Insights

JUNE 17, 2020

From healthcare to education to entertainment to manufacturing, technology innovators are stepping forward to help answer that question. During the pandemic, almost half (48%) of all US physicians said they had treated patients virtually, according to a recent survey. Table of Contents. Telehealth technology.

Industry 101

Industry Technology Online Video 101

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

OCTOBER 31, 2016

Just a week ago, he said publicly that he’s now “gravely concerned” about banks wanting to limit access to their assets, like customer data, to innovators who, without it, have no way to ignite their own ideas and monetize them. Never mind the cost and security issues that it raises for banks. BANKING’S LATEST THREAT — APIs.

Regulation 100

Regulation Innovation Data Industry 100