Tag : Consumers

FIS Reimagines the Banking Experience for the Digital Age with New Mobile Banking Application
Banking Fintech News

FIS Reimagines the Banking Experience for the Digital Age with New Mobile Banking Application

Business Wire
FIS® Digital One™ Flex Mobile 6.0 is a new mobile banking application tailored for financial institutions. The solution enables banks to serve the evolving demands of customers as digital experiences change. New functionality includes enhanced user experience, security, and money movement capabilities Global financial technology leader FIS has launched an enhanced......
8 out of 10 Consumers Prefer Full Digital Banking Experience, yet Some Are Left Short-Changed
Banking Finance Fintech News

8 out of 10 Consumers Prefer Full Digital Banking Experience, yet Some Are Left Short-Changed

Business Wire
Banks continue to see strong levels of customer acquisition via digital channels; 42% registered for an account via an app, 35% via website, Onfido survey shows. Users find digital identity verification both secure (81%) and convenient (88%), highlighting that security and convenience can and should go hand in hand. Integrating......
Artificial Intelligence Banking Blockchain Finance Fintech Interviews

Global Fintech Interview with Valentina Kristensen, Corporate Affairs Director at OakNorth

Could you please tell us a little bit about the history of OakNorth and the journey to date? OakNorth was founded in September 2015 with one fundamental purpose: to serve and empower small-to-medium sized businesses (£1m-£100m turnover) that were seeking to scale but were routinely underserved or overlooked by traditional......
Card payments no longer the default choice for consumers - new research from Boku reveals
Digital Payments Finance Fintech News

Card payments no longer the default choice for consumers – new research from Boku reveals

Business Wire
The report reveals a continued decline in the market share of traditional card payments and a significant increase in the use of local payment methods for ecommerce purchases across the globe. Boku, the global network for localised payment solutions, has released a global research report entitled ‘2024 Global Ecommerce Report: The......
Cost of Living in the U.S. Grows 4% Year over Year as Consumers Now Spend Nearly $26k Annually on Essential Household Bills
Finance Fintech News

Cost of Living in the U.S. Grows 4% Year over Year as Consumers Now Spend Nearly $26k Annually on Essential Household Bills

Business Wire
The report found that the average U.S. household spends $25,513 per year, or 34% of income on the ten most essential household bills, and also breaks out the household spending market size for each of these bill categories, percentage of households that pay each bill, and average monthly and annual......
Three keys to success for embedded fintechs in 2024
Finance Fintech Guest Posts

Three Keys to Success for Embedded Fintechs in 2024

JB Orecchia
In the ultra-competitive financial sector, Financial Institutions (FIs) understand they need to innovate to stay relevant.  Given competing priorities, they often fall behind or struggle to keep up with the latest technology when trying to tackle innovation on their own. FIs that choose to partner with fintechs that match their......
As Americans Look Ahead to a New Year, Lincoln Financial Group Shares Recommendations for Turning Financial Resolutions Into Reality
Finance Fintech News

As Americans Look Ahead to a New Year, Lincoln Financial Group Shares Recommendations for Turning Financial Resolutions Into Reality

Business Wire
Heightened focus on budgeting, emergency savings, increasing financial knowledge and earning more money among those who say they’re likely to set financial goals in 2024. With the new year approaching, people are setting resolutions with goals for exercising, reading, saving money and more. Financial planning is often high on the......
Europe Online Payment Methods 2023 - Digital Wallets are Poised to Drive Global Transactions beyond EUR 10 Trillion by 2028
Digital Payments Fintech News

“Europe Online Payment Methods 2023 Report Added to ResearchAndMarkets.com “

Business Wire
Digital wallets are poised to drive global transactions beyond EUR 10 trillion by 2028 The “Europe Online Payment Methods 2023” report has been added to ResearchAndMarkets.com’s offering. European nations witness shift of consumers from conventional card-based online payment methods to alternative payment methods As the global cashless era gains momentum, the total transaction value......
Mastercard SpendingPulse: U.S. Retail Sales Grew +3.1%* This Holiday Season
Finance Fintech News

“Mastercard SpendingPulse: U.S. Retail Sales Grew +3.1%* This Holiday Season “

Business Wire
Mastercard SpendingPulse reports on national retail sales across all payment types in select markets around the world. According to preliminary insights from Mastercard SpendingPulse, U.S. retail sales excluding automotive increased +3.1% year-over-year this holiday season, running from November 1 through December 24. Mastercard SpendingPulse measures in-store and online retail sales across......
New Report Reveals Utility Bills on the Rise as Consumers Spend $351 Per Month, Up 7% Since Last Year
Finance Fintech News

New Report Reveals Utility Bills on the Rise as Consumers Spend $351 Per Month, Up 7% Since Last Year

Business Wire
New report finds Americans spend $436 billion on utility bills annually; breaks down the most expensive states and cities for utility usage in the U.S. A new report released today from doxo reveals that Americans spend an average of $351 per month on utilities, up 7% from last year. Through a statistical......
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