Search Results for: consumer bank

GreenBox POS and Territorial Bank of American Samoa Launch Technology Platform and Commence Services to Modernize Payments for Businesses and Consumers
Digital Payments News

GreenBox POS and Territorial Bank of American Samoa Launch Technology Platform and Commence Services to Modernize Payments for Businesses and Consumers

Fintech News Desk
by Fintech News Desk0
Named exclusive payment technology provider for TBAS in 2021, GreenBox is now deploying its secure, state-of-the-art platform to deliver merchant and money transmission services, credit and debit card processing and more GreenBox POS a financial technology company that leverages proprietary blockchain security and token technology to deliver customized payment solutions, today......
Marqeta: 70% of Consumers Surveyed Say the Experience of Getting a Loan is a Decade Behind Online Banking
Banking Lending News

Marqeta: 70% of Consumers Surveyed Say the Experience of Getting a Loan is a Decade Behind Online Banking

Fintech News Desk
by Fintech News Desk0
Research shows many consumers frustrated with lending experience and want less jargon and more clarity, with 80% believing that lenders try to obscure the final cost of a loan Marqeta, the global modern card issuing platform, released new data from a survey of European consumers on their attitudes to and......
Bank of America Credit and Debit Card Data Shows Continued Growth in Consumer Spending, up 9% year-over-year in May
Digital Payments News

Bank of America Credit and Debit Card Data Shows Continued Growth in Consumer Spending, up 9% year-over-year in May

Fintech News Desk
by Fintech News Desk0
Despite challenges from higher inflation, households continued to spend at a healthy pace, with spending on services like travel and entertainment continuing to grow The Bank of America Institute released its findings from the latest Consumer Checkpoint, which aims to provide a holistic and real-time estimate of U.S. consumers’ spending......
How Banks Can Help Consumers Fight Inflation with Cashback Rewards
Banking Guest Posts

How Banks Can Help Consumers Fight Inflation with Cashback Rewards

Jordan Glazier
by Jordan Glazier0
American consumers seeking help fighting the rising cost of inflation can turn to rewards programs that offer cashback rewards to make the most of their purchases.  Inflation is a burning issue with shoppers right now. The latest U.S. Consumer Price Index for All Urban Consumers showed expenses reaching a 39-year......
Citi Announces Agreement to Sell Its Consumer Businesses in India to Axis Bank Limited
Banking News

Citi Announces Agreement to Sell Its Consumer Businesses in India to Axis Bank Limited

Fintech News Desk
by Fintech News Desk0
Transaction Marks Eighth Announced Sale by Citi in Asia Pacific Region Since Announcing Strategy Refresh Citi announced that it has reached an agreement with Axis Bank Limited (Axis) for the sale of Citi’s consumer businesses in India. Axis was selected by Citi following an extensive and competitive auction process. The......
New Study From Entrust Finds Consumers Prefer Digital Banking Experiences, but Are Concerned About Security
Banking Digital Payments News

New Study From Entrust Finds Consumers Prefer Digital Banking Experiences, but Are Concerned About Security

Fintech News Desk
by Fintech News Desk0
A survey from Entrust details preferences of the modern banking customer, with consumers indicating a need for online banking capabilities, secure cards with chips and enhanced payment security The global transformation of banking and payments has only accelerated over the past few years, and between web trends and a global......
Bank of America Consumer Clients Make $335 Billion In Payments in January, up 17% Year-Over-Year
Banking Digital Payments News

Bank of America Consumer Clients Make $335 Billion In Payments in January, Up 17% Year-Over-Year

Fintech News Desk
by Fintech News Desk0
Continued Strong Consumer Spending Drives Second Highest Month on Record; Builds Upon Record Full-Year Spending in 2021 Bank of America announced their approximately 67 million consumer clients made $335 billion in total payments during January, a 17% increase over January 2021 and the second highest month of spending on record. This follows a......
First Interstate Bank Transforms Overdraft Practices to Protect Consumers
Banking News

First Interstate Bank Transforms Overdraft Practices to Protect Consumers

Fintech News Desk
by Fintech News Desk0
Non-sufficient funds and overdraft fees eliminated or reduced to help clients meet short-term cash needs First Interstate BancSystem Inc., parent company of First Interstate Bank, announced significant changes to its consumer overdraft practices, reducing fees and giving clients flexible options to meet their personal financial needs. This includes the elimination......
Citi to Exit Consumer, SBM Market Banking Operations in Mexico
Banking News

Citi to Exit Consumer, Small Business and Middle Market Banking Operations in Mexico

Fintech News Desk
by Fintech News Desk0
Advances Strategic Goals to Invest in Businesses Aligned with Core Strengths, Simplify Operations and Drive Long-Term Shareholder Value Citi announced that it intends to exit the consumer, small business and middle market banking operations of Citibanamex as part of its strategic refresh. Citi will continue to operate a locally-licensed banking......
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