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How A Digital Makeover Could Be Key To CUs’ Member Acquisition Plans

PYMNTS

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.

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Seeking Banking Balance Between Physical And Digital

PYMNTS

But, while closing physical bank branches might appear to be a wise cost-saving measure, the move comes with risks that could hurt banks’ relations with new millennial customers. Armistead also spoke to the lesson the bank is learning from smartphone apps to better serve its customers online and in brick-and-mortar locations.

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Sustaining Digital Banking Channels’ Explosive Growth in 2021

The Financial Brand

Financial institutions that want to stay in the game need to offer solid basic services before they get fancy. The post Sustaining Digital Banking Channels’ Explosive Growth in 2021 appeared first on The Financial Brand.

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Sustaining Digital Banking Channels’ Explosive Growth in 2021

The Financial Brand

Financial institutions that want to stay in the game need to offer solid basic services before they get fancy. The post Sustaining Digital Banking Channels’ Explosive Growth in 2021 appeared first on The Financial Brand.

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Finovate Fall 2016 Live Blog – Day 1

William Mills

I’ve heard that financial planners are having a hard time getting Millennials thinking about retirement but instead focus on short-term financial goals – homes, vacations, etc. Showing a customer going online via their PC browser to make a payment by buying currency and I assume sending to someone else in a different currency.

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