5 Payment Trends to Watch in 2023d
Big shifts in the payments space — crucial to banks — include a major P2P payment move by Amazon and a bigger role for debit cards.
Big shifts in the payments space — crucial to banks — include a major P2P payment move by Amazon and a bigger role for debit cards.
Rising rates and inflation have had an impact, but it's sometimes positive for banking. Precautions for a recession are underway.
A major shift in deposit marketing is arriving. Retention and gaining share will go to those who prepare. New competition: the government.
Apple Savings adds another interlocking piece to the big tech's growing ecosystem of financial services creating a financial juggernaut.
Is your marketing budget in danger of cuts? Here's what to say to the bank's leaders and how to adjust without losing competitive ground.
Banks will have to commit to BaaS with enough revenue to pay for adequate staff expertise and prepare for increased regulatory scrutiny.
A new credit and debit card merchant code for gun and ammo dealers brings party politics to bear on the banking business.
Arrangement offers traditional lender extensive digital marketing reach supported by artificial-intelligence-driven credit evaluation.
CMO insights from the bank that produced its own payments wearable & the first small-bank Metaverse outpost. A key: relentless data analytics.
Black eyes and penalties out of Washington drive changes in overdraft pricing and policy, creating a revenue hole and leaving some hanging.
Banking apps with adaptable dashboards and the ability to fit consumers' needs on the fly are becoming digital financial fundamentals.
Most banks and credit unions don't have a stake in these interrelated realms now. Ignore them? Some people ignored a thing called the Web.
Build a modern credit card strategy that balances profitability and risk, adopts the latest technology and delivers the customization that cardholders demand.
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Innovation is expensive. The high rates and other crowd-pleasing features that put fintech players on the map will be hard to maintain.
After hitting a homer with its 2019 mobile app redesign, the big bank dealt with 'What next?,' as newcomers like fintechs raced ahead.
In fact, banks under $1 billion saw a tiny rise in deposits. Megabanks saw the most erosion but say retail deposits are mostly stable.
Fintech firms like Klarna, Affirm and PayPal face a brand-new regulatory regime for buy now, pay later plans as bureau clamps down.
The head of the bank-owned P2P payments app says QR code business payments are hot now, and responds to Zelle's high-profile fraud issues.
Marygold & Co. blends banking as a service, investment firm heritage and tech to appeal to 'High Earner, Not Rich Yet' prospects.
After battling to obtain a national bank charter, Varo Bank was forced to contend with Covid, soaring inflation, and an impending recession.
Goldman Sachs predicts continued fall in both home sales and prices, hitting both mortgage and home equity lending hard.
Wringing inflation out of the system is already hurting many consumers as rates rise. More pain is coming for them and for banks and fintechs.
Bank strategies are changing as consumers grow more comfortable with newer tech and with fintech providers of digital banking services.
Learn how to enhance your brand’s local visibility, generate more leads, and attract more customers, all while adhering to industry regulations and compliance.
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