Tag : Consumers

Banking Digital Payments Finance Fintech Guest Posts Risk Management Security

Pay by Bank: Will the US catch up to Europe?

Eric Shoykhet
by Eric Shoykhet0
One of the biggest differences in the way US and European consumers pay for goods and services is the credit card: Americans rely on their credit cards as a way of life, and European consumers do not. In fact, Europeans seem to have an aversion to credit cards. As a......
Consumers’-Growing-Demand-for-Simplicity-and-Security-Helps-U.S.-Bank-
Banking Finance Fintech News

Consumers’ Growing Demand for Simplicity and Security Helps U.S. Bank Top Javelin’s 2024 Digital Banking Scorecards

PR Newswire
by PR Newswire0
Javelin Strategy & Research released the 2024 editions of its annual Mobile Banking Scorecard and Online Banking Scorecard, with U.S. Bank earning Best in Class in both scorecards and ending Bank of America’s six-year reign atop both scorecards. The 2024 Scorecards highlight the growing importance to consumers of an intuitive experience and secure......
Trulioo-and-Mastercard-Partner-to-Streamline-Onboarding-for-Consumers-and-Merchants
Banking Finance Fintech Lending News

Trulioo and Mastercard Partner to Streamline Onboarding for Consumers and Merchants

Business Wire
by Business Wire0
Collaboration paves the way for more innovative, secure onboarding experiences Trulioo, an industry-leading identity platform with extensive global coverage for consumer and business verification, today announced a partnership with Mastercard, a global technology company to deliver innovative identity verification solutions to streamline digital onboarding for both merchants and consumers, while......
Discover Global Network Study Shows 85% of Consumers are Less Likely to Interact with a Business Due to a Poor Payment Experience
Finance Fintech News

Discover Global Network Study Shows 85% of Consumers are Less Likely to Interact with a Business Due to a Poor Payment Experience

Business Wire
by Business Wire0
Improved payment experiences are vital to merchants, with 94% considering payments a strategic priority Discover Global Network, a leading global payment network, released the first portion of the 2024 Payment State of the Union (PSOU), one of the most comprehensive studies of its kind in the industry, providing global perspectives......
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
by Business Wire0
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
by Business Wire0
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

Fintech Staff Writer
by Fintech Staff Writer0
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
by Business Wire0
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
by Business Wire0
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
by JB Orecchia0
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......
1