PYMNTS

JANUARY 25, 2018

PYMNTS recently spoke with Ben Isaacson, senior vice president and general manager of payments for Cross River Bank, who discussed how the FI’s newest offering addresses the needs of underbanked consumers and millennials, and why he believes it could spell trouble for the U.S. mail – with a mobile, electronic payment,” Isaacson said.

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ATM Millennials FDIC New Jersey 100

PYMNTS

JULY 15, 2016

Amazon also said that more than one million customers used Amazon via mobile for the first time to make a purchase. But when it comes to a tactic that plays rope-a-dope with the facts about something, say as serious as whether or not China hacked into the FDIC, then it is not at all cool. Maybe not even from a PR perspective either.

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Retail FDIC Bitcoin Lending 100

Jeff For Banks

MARCH 3, 2018

How do we balance strategic direction, customer demand, and the futurist or wildly over-caffeinated millennial that tells us we have to implement every shiny new object or we'll die? When I wrote that post in January 2011 there were 7,700 FDIC insured financial institutions. mobile phones, yeah, mobile phones".

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PYMNTS

FEBRUARY 14, 2019

As Green Dot Chief Revenue Officer Brett Narlinger told Karen Webster in a recent conversation, the same holds true for banks, particularly when it comes to millennial and Gen Z consumers. “My Digital has changed much of that, by giving consumers more options for how and where they shop, and certainly how and with what they pay.

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Branding Millennials Meeting Cards 155

PYMNTS

JUNE 14, 2018

Brisker, a serial entrepreneur who previously founded TOA Technologies, believed he was up to the challenge, and the Mezu mobile app was born. The key to cash, said Brisker, is mobility and transportability. And, of course, there’s the sheer task of getting it to work in all those different cross-border environments.

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Tools Virginia Cards Payments 118

PYMNTS

OCTOBER 6, 2017

Millennials represent what the executive termed a “P2P native” segment, with 67 percent of individuals using cash for payments (P2P) versus 62 percent for all age groups. Federal Deposit Insurance Corporation (FDIC) stats show that nine million households were unbanked in 2015.

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United States Study Cards FDIC 119

Independent Banker

FEBRUARY 24, 2016

This approach can serve as a powerful opportunity to reach the millennial generation of consumers and small-business owners as they reach financial maturity. FDIC-insured deposits largely solve this problem for banks. Core deposits also come at much lower costs.

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Community Bank Community Lending FDIC 70

FICO

DECEMBER 20, 2018

Emerging payment solutions — mobile wallets and P2P payment networks most notably — are slowly but steadily displacing legacy payment options like cash and checks and cementing themselves in the day-to-day lives of consumers (particularly Millennials and Gen Zers). Emerging Payment Solutions Will Grow Up.

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Trends Lending Fraud Exercises 73

Independent Banker

NOVEMBER 25, 2015

Unlike highly regulated, FDIC-insured banks, which are subject to strict, expensive security standards designed to protect consumers’ sensitive information, FinTech companies are barely regulated and seldom examined. Consider the 80 million millennials who would rather manage their finances with a smartphone app than visit a bank branch.

Community Bank 70

Community Bank Community Analytics Lending 70

PYMNTS

JANUARY 30, 2018

Our Core Checking account provides full access to all our financial centers, ATMs, mobile and online banking and offers several ways to avoid a monthly fee, including a monthly direct deposit of $250, which equates to $3,000 annually,” Betty Riess, a Bank of America spokeswoman, told CNBC. Who They Serve.

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America Maryland FDIC Millennials 109

Gonzobanker

FEBRUARY 7, 2018

Jim McAlpin from Bryan Cave LLP noted that the bulk of regulatory relief would come through a more rational examination process from the Fed, OCC and FDIC – clearly welcome news for those who fell victim to armies of examiners in conference rooms over the past decade. #2: 2: The Bulls. Source: SNL. 3: Business Model.

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Taxes Video Analytics Arkansas 75

PYMNTS

OCTOBER 29, 2018

And as more inventory shifts to the mobile devices that don’t drive the same conversion numbers for Google as desktop does, analysts worry that the slowdown – and the revenue losses that come with it – could continue. And that is a bank – one with FDIC insurance and safeguards that keep their money safe. 93 percent had a bank account.

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Payments Google Apple Innovation 196