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

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

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

Independent Banker

AUGUST 9, 2016

Banking customers are no different. Statistics are especially compelling for those trying to attract and maintain the millennial segment. Consumers Say More Rewards Is Their Top Demand from Banks. 88 percent of consumers deem rewards availability to be a top priority when choosing a financial institution (2). 2014, August 8).

Community 70

Community Millennials Community Bank America 70

Gonzobanker

MARCH 6, 2018

Much like a bank that over-concentrates itself on commercial real estate lending, banks that rely too heavily on physical channels for consumer and business customers risk attrition, lost revenue and increased expenses. Consider these numbers from PwC’s 2017 Digital Banking Consumer Survey : ?

Strategy 89

Strategy Marketing Mobile Trends 89

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

JANUARY 30, 2018

But for all the complaining, according to Aspiration Bank CEO and co-founder Andrei Cherny, eliminating free accounts – and raising the fees on existing accounts – is just standard operating procedure for all of the nation’s largest retail banks.

America 109

America Maryland FDIC Millennials 109

PYMNTS

MAY 30, 2016

Read on for what they happen to say about the state of their businesses and the local economies in which they operate. 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.

Trends 100

Trends Retail Fraud Mobile 100

PYMNTS

SEPTEMBER 6, 2016

Of course, it’s not just the FinTech industry and tech-savvy millennials who are fueling digital change. For CA Technologies, the move to digital requires aligning the financial institution’s objectives, which differ for credit unions, processors of high-net worth individuals and processors, with “Agile” technology.

Security 100

Security CA Payments Big Data 100

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

PYMNTS

JULY 9, 2018

YouTube, Amazon and Twitter already offer unbundled access to NFL games , and analysts say that by 2022 , four short years from now, pretty much all TV networks will offer consumers the option of à la carte programming through a streaming option — something that nearly two-thirds of consumers surveyed in 2017 said they wanted.

Strategy 105

Strategy Millennials Online Branding 105

Gonzobanker

JULY 22, 2019

ITMs yield transactional savings that can offset the increased purchase and operational costs. By their very nature, ITMs can help banks and credit unions attract younger customers. Millennials and Gen X appreciate the technology, seeing ITMs as a bridge between walking through the door or settling for a cash-only machine.

Video 87

Video ATM Analysis Technology 87

PYMNTS

NOVEMBER 18, 2019

In addition to search, for which there are nearly six billion Google queries every day, Google operates a variety of utilities that consumers use regularly on both iOS and Android devices, as well as their Windows and Apple desktops – Google Maps, Waze, YouTube, Gmail and Google Drive, to name a few. 4, ahead of PayPal and Amazon.

Google 177

Google Study Payments Branding 177

CB Insights

JUNE 17, 2020

During the pandemic, almost half (48%) of all US physicians said they had treated patients virtually, according to a recent survey. VR has also helped businesses across industries keep operations running. The equipment was expensive and companies lacked the in-house expertise required to operate it.

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

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

Gonzobanker

OCTOBER 3, 2017

Forget the trendy Millennial banter. Mid-size banks will have a better shot at deposit growth by focusing on a few key segments, including the Baby Boomers. In this year’s Cornerstone Performance Report , the median percentage of deposit accounts opened through the digital channel remains a flat 0% – zero!

Retail 60

Retail Strategy Marketing New Jersey 60

PYMNTS

OCTOBER 31, 2016

Edelman’s been doing these global studies for 16 years and surveys 33,000 consumers all over the world. Financial services, as a sector, was among the biggest movers in all of the industries surveyed — second only to technology. In an environment where interest rates are zero, banks only have so many options.

Regulation 100

Regulation Innovation Data Industry 100