As Business Payments Go Digital, Banks Must Keep Up with Fintechs
Enhancing cash management services is not only a revenue opportunity for banks, but a way to fend off the fintechs encroaching on business customers.
Do Banks That Outspend Their Peers on Marketing Grow Faster?
Banks ramped up their marketing after the pandemic. Here’s how it paid off, with data to benchmark whether your budget and your results are keeping pace.
Could ‘Amazon One’ Palm Payments Get The Upper Hand Over Digital Wallets?
Amazon One, the retailing giant's payment bet, raises the question: Do people need digital wallets when they can pay with the ultimate wearable — their hand?
Paze Digital Wallet Launch Delayed Until Early 2024 – Here’s the New Plan
Whatever happened to Paze, which was supposed to roll out in time for the 2023 holiday shopping season? Get a detailed look at what's ahead for the big banks' digital wallet.
Why JetBlue and Apple Cards Soar Even as Reward Satisfaction Falls
What’s the top credit card marketing challenge? What used to be great credit card rewards — like 2% cash back — are table stakes now.
‘Real-Time Payments’ Expert Pivots to ‘Chuck,’ a P2P Platform for Community Banks
'Payment Jedi' Peter Davey hopes to take Alloy Labs consortium members where no community bank has gone before. His mission? Launch Chuck.
First Horizon’s CMO Powers Through Merger Misfire with Growth Strategy
Erin Pryor’s focus on digital marketing and data analytics is a big part of the growth strategy that helped First Horizon weather a merger breakup.
How to Unleash the Full Potential of Digital Wallets
Even the 'experimenters' who use digital wallets more than other consumers find them clunkier than debit cards. Better product design and messaging would help.
Is CFPB’s Mobile Payments Salvo at Apple & Google Good for the Industry?
As the use of tap-to-pay with smartphones grows, the CFPB contends that the tech giants are stifling innovation and consumer choice in payments.
Growth in Home Equity Lending Cools Off as Interest Rates Hit Pain Point
A wave of home equity lending helped buoy the banking industry as mortgages dried up, but fresh data shows the tide is receding.
The Strategy Behind Amazon Pay’s Push Into ‘Buy Now, Pay Later’
Amazon Pay is a BNPL latecomer. But partnerships with the fintech Affirm and JPMorgan Chase could put it at the forefront of major growth in this payments segment.
Supercharge Your Boring Old Debit Cards to Drive More Users, Usage
Consumer spending is often done on debit cards, so why not do more to differentiate — and market — these cards as a way to attract deposits?
FedNow Turns Instant Payments into a Must-Have for Banks and Credit Unions
The Federal Reserve already has plans to roll out new features for its instant payments service, a rival to the RTP network.
How One Fintech ‘Sifts for Gold’ in the Low FICO Scores Banks Shun
Amid a funding crunch, many fintechs are rushing to turn a profit. Current's CEO shares his plan to get there by adding loan products and another 1 million customers.
The Coming War for Credit as Gen Z Finally Embraces Plastic
The latest card and personal loan trends show that even Gen Zers, long averse to credit cards, are upping their usage, thanks to inflation.
Dave Pays 4% on All Accounts as Mobile App Pursues ‘Primary’ Relationships
This fintech — which targets those who live paycheck to paycheck with its mobile app — has an ambitious strategy to return to profitability in 2024.
How a Community Bank Helps Business Borrowers Cope with Rising Rates
Growth at this Michigan community bank comes from business customers — especially manufacturers — seeking help with challenges like rising interest rates.
What Small Businesses Want from Mobile Banking Apps (But Don’t Get)
How well do mobile banking apps meet the needs of small businesses? See where the apps fall short and what areas to prioritize for improvement.
Truist and IBM Explore What Quantum Computing Can Do for Banking
Personalization, cybersecurity and artificial intelligence are just a few use cases for quantum computing that Truist and IBM will research.
Upgrade Expands Credit Card, Loan Lineup for Wider ‘Mainstream’ Appeal
Upgrade, a fintech offering cards & other loans, thrives by evaluating credit differently than the many banks & credit unions it works with.
Apple’s Strategy in Banking: Memojis, Marketing & Next Moves
You can tell a lot from a memoji. It’s just as much part of Apple’s strategy for reeling in Millennials & Gen Z as its marketing for Apple Pay.
Will FedNow and BNPL Dent Credit Card Use?
An analyst sizes up payments innovations threatening to erode consumer use of credit cards. He sees dim prospects for buy now, pay later.
