PYMNTS

FEBRUARY 28, 2020

The banking industry is undergoing a sea change in the new decade, with online and mobile banking growing ever more popular among customers, and challenger banks and FinTechs disrupt the market with new technologies. For more on these and other digital-first banking news items, download this month’s Tracker.

Online and Mobile Banking

PYMNTS

NOVEMBER 7, 2016

What’s more, ATMs, which are the primary way by which Polish citizens obtain cash, along with over-the-counter withdrawals, have seen increased usage of late. The research also indicates that there are roughly 4 million users of mobile banking. To download the analysis, click below…. Email (required): [contact-form-7].

Online and Mobile Banking

PYMNTS

JULY 1, 2020

Nearly 44 percent of respondents said they would be “very” or “extremely” interested in downloading it. This “better app” would also offer transaction confirmations and alerts, card location controls and the ability to track and redeem rewards. . The results? Such an app could potentially involve as much as $2 trillion in card spending. .

Online and Mobile Banking

PYMNTS

OCTOBER 18, 2019

PbBa is designed to work with the security of a consumer’s own bank. It’s not a separate app to download or service to sign-up for — it works through the mobile banking app a user has. WHSmith is excited to launch Mastercard’s innovative new payment method, Pay by Bank app.

Visa

PYMNTS

NOVEMBER 30, 2017

As with other developed economies, a growing adoption of online and mobile banking in the U.K. has led to a reduction of the physical footprint of bank branches. In August 2017, Barclays announced plans to shutter 54 bank branches as part of its cost-cutting efforts, and it isn’t the only bank closing branches in the country.

Contactless Payments

PYMNTS

APRIL 19, 2017

Banking customers may be seeing fewer tellers in their local branches, as several FIs recently announced plans to invest in unmanned technology. To download the April edition of the PYMNTS.com Unattended Retail Tracker™, click the button below…. Even the automotive world is not immune from developments in unattended retail technology.

ATM

Fintech Labs Insights

MARCH 30, 2015

The Fed''s latest mobile banking/payments usage numbers ( full text ) were bouncing around the fintech blogosphere last week. The only sour note was the flatline of mobile banking usage among smartphone owners. Why has smartphone mobile banking stalled? Those trends were all upbeat. Education helps.

Online and Mobile Banking

PYMNTS

NOVEMBER 29, 2016

An Accenture Banking Customer Survey found that, on a monthly basis, the majority of interactions (just over 88 percent) between banking customers and their banks are conducted via digital means — mobile banking, ATM withdrawals and social media engagement, to name a few. Citi customers in the U.S.

Online and Mobile Banking

PYMNTS

MARCH 16, 2016

News covered in the Tracker includes the rollout of PayPal’s FIS Cardless Cash to 28 banks (reaching more than 35 million customers), which may just be the kind of innovation that has the potential to universally change the banking experience. rollout of new voice biometric and Touch ID security.

Online and Mobile Banking

PYMNTS

SEPTEMBER 7, 2018

While 75 percent of young college-going consumers said they prefer to interact with mobile banking apps, the vast majority of student loan recipients are still paid via paper check or other legacy payment method. That’s a problem that digital banking platform BankMobile aims to resolve. About The Tracker.

Settlement

PYMNTS

APRIL 22, 2020

Temenos is also providing free access to its online sandbox environment so that banks can test new technologies in a controlled space. For more on these and other digital-first banking news items, download this month’s Tracker. How KeyBank Is Adapting To The Challenges Of COVID-19. About The Tracker.

Remote Deposit Capture

PYMNTS

MARCH 14, 2017

In early March, the Indian government asked the nation’s banks to offer all of their customers mobile banking by March 31 in an effort to make digital payments more widely available. India’s push toward becoming a cashless society is also allowing new customers to become part of the nation’s digital banking network.

Authentication

PYMNTS

MAY 20, 2020

The Playbook details how they can tailor their innovation plans to help maximize consumers’ digital banking access and stand out from up-and-coming challenger banks and FinTechs. To learn more about how CUs can use innovation to differentiate themselves in an all-digital-first banking environment, download the report.

Credit Union

PYMNTS

MAY 22, 2017

With the surprise demonetization annoucment, ATMs weren’t stocked sufficiently and consumer withdrawals were limited by transaction amount and frequency, Soundararajan said. Indians] are perfectly comfortable using their phone to stream videos, to download entertainment apps and watch YouTube,” she said. About the Index.

Online and Mobile Banking

PYMNTS

APRIL 4, 2019

But thanks to mobile banking, many students who arrive on campus often already have bank accounts that they can use and monitor remotely. Mobile payments have also made in-network ATMs less important, as students don’t typically need to withdraw cash, Bangerter noted.

Credit Union

CB Insights

SEPTEMBER 10, 2019

Download the free report to find out how fintech is shaping the future of wealth management and investing. There have been some high-profile failures, such as JPMorgan’s short-lived mobile bank app Finn. Bank of America, Capital One, Chase, PNC, and Wells Fargo all offer digital and mobile banking options.

Finance

PYMNTS

AUGUST 17, 2017

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. With mobile banking technology on the rise, it has seemingly become more important than ever for banks to stay on top of the latest digital innovations. About the Tracker.

Online and Mobile Banking

CB Insights

OCTOBER 12, 2017

The Indian government is also trying to encourage the emergence of a new fintech ecosystem by offering different types of licenses that make it easier for companies to provide mobile banking services. Fintech startups that want the ability to hold deposits can register with the Reserve Bank of India (RBI) for e-wallet licenses.

FinTech

CB Insights

APRIL 10, 2019

Download the free report to get a break down of which industries facial recognition is disrupting and how. HSBC and Singapore’s OCBC have both added facial biometrics as options for logging into mobile banking accounts. Today, people most associate facial recognition with unlocking an iPhone or a laptop.

Law Enforcement

PYMNTS

MAY 21, 2016

And, if the success Santander UK is finding in an early in-app voice pilot is any indication, you can likely expect your banking to be voice-enabled in the near future as well. When Santander UK recently launched a voice assistant in its student-geared mobile banking app, SmartBank, it marked the first bank in the U.K.

Technology

PYMNTS

OCTOBER 5, 2016

Ron Delnevo, executive director of the ATM Industry Association (ATMIA) in Europe, agreed. Cash usage in Lithuania can be characterized by the following ratio, according to Karpavičius: “For every euro spent via debit or credit cards at the POS, we have more than €2 being taken out from the ATM.”. What’s To Come For Cash?

Debit Card

PYMNTS

NOVEMBER 9, 2016

India’s mobile wallet service Paytm, whose biggest shareholder is Alibaba, reported a 200 percent increase in app downloads and a 1,000 percent increase in money deposited in its wallets since the announcement. Mobile banking has been on the rise in India. The nation of 1.25

ATM