Digital Wallets Could Cost Banks Billions in Lost Payments Income
Banks must adapt as consumer payments habits change or face a big revenue hit. But how can they counter digital wallets from PayPal and Apple?
Holiday Credit Promos Focus on Offering Value, in Nod to Inflation Grinch
This gallery of holiday-themed promotions shows the tactics credit card issuers and BNPL firms are using to spur consumer spending.
Banking Complaints: 4 Ways to Turn Gripes Into Account Growth
Complaints give bank marketers key insights into ways to improve their financial institution. Don't let these opportunities go to waste.
An Innovation Mindset is Needed in Payments
Consumers are growing more fond of digital wallets and instant payments, BNPL and cryptocurrency as primary payment solutions. The financial institutions providing payments tech need to up their game, says i2c's head of product development for lending, Dan Hanks.
How CFPB’s New Data Sharing Rules Will Alter the Banking Landscape
The agency's rapid development of data sharing rules among banks, fintechs and other players will have major impact on banking's future.
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.
7 Retail Banking Challenges and Key Data Strategies to Meet Them
Issues range from the sagging mortgage market to ongoing BNPL growth to banks and credit unions being data rich and information poor.
Marcus by Goldman Sachs Finds That Building a Retail Bank is Tough
What does Goldman Sachs' abandonment of building a full digital bank signal to other fintech firms wanting to disrupt traditional banking?
What the Apple Card High-Yield Savings Account is Really About
Apple Savings adds another interlocking piece to the big tech's growing ecosystem of financial services creating a financial juggernaut.
FedNow and the Future of Instant Payments
Competition in real-time payments will intensify when the Federal Reserve launches its long-awaited entry. What it means for banks.
Raging Gun Debate Threatens to Wound Banks in Verbal Crossfire
A new credit and debit card merchant code for gun and ammo dealers brings party politics to bear on the banking business.
How Card Issuers Can Stay Top of Wallet Amid Fierce Competition
With a billion credit cards in use in the U.S., and BNPL gaining fast, primary card status is tougher to achieve (and more vital) than ever.
Overdraft Fees: Worth the Publicity Headaches and the Fines?
Black eyes and penalties out of Washington drive changes in overdraft pricing and policy, creating a revenue hole and leaving some hanging.
The Role for Banks in Digital Identity Is Not What You Think
The future of identity is digital, and getting it right is crucial. But be wary of letting third parties piggyback on banks’ KYC processes.
Funding Squeeze Fallout: Will Neobanks Have to Scale Back Innovation?
Innovation is expensive. The high rates and other crowd-pleasing features that put fintech players on the map will be hard to maintain.
Why Banks Need Real-Time Loan Data to Survive a ‘Credit Recession’
In an economic downturn, better loan decisioning is crucial — both to reduce risks, and to meet customer expectations for fast approvals.
Gen Z’s Changing Financial Profile: Key Facts for Banks’ 2023 Planning
New Bank of America research dives into the top Gen Z financial trends and concerns banks and credit unions should begin planning for.
New Neobank For ‘HENRYs’ Supplies Its Own Fintech Capital
Marygold & Co. blends banking as a service, investment firm heritage and tech to appeal to 'High Earner, Not Rich Yet' prospects.
Varo’s CEO on the Neobank’s Missteps & Rebuilding Strategy
After battling to obtain a national bank charter, Varo Bank was forced to contend with Covid, soaring inflation, and an impending recession.
Inside Citizens Bank’s Growing ‘Buy Now, Pay Later’ Strategy
As inflationary realities, worries about recession, and potential regulation for fintech BNPL firms increase, Citizens Pay keeps growing.
Rising Numbers of Stressed Consumers Seek Alternatives to Credit Cards
Higher interest rates and alternative lending options, especially BNPL, prompt financially strained consumers to spend less on plastic.
Cultivating Trust in a Complex Payments Landscape
With multiplying payment options, financial institutions have a massive opportunity to become trusted advisers to consumers and businesses.
