Tag : digital-only banks

Juniper Research: Digital Identity Verification Checks to Pass the 70 Billion Mark in 2024, as Businesses Prioritise Fraud Prevention
Fintech Risk Management

Juniper Research: Digital Identity Verification Checks to Pass the 70 Billion Mark in 2024, as Businesses Prioritise Fraud Prevention

Business Wire
by Business Wire0
A new study from Juniper Research, the foremost experts in fintech and payments markets, has found the number of digital identity verification checks will surpass 70 billion in 2024; growing 16% on the previous year’s number of 61 billion. This growth is being driven by businesses adopting stronger biometric verification......
Digital Banking Gains Momentum as Consumers Use More Accounts for More Purposes
Banking Digital Mobile Banking News

Digital Banking Gains Momentum as Consumers Use More Accounts for More Purposes

Fintech News Desk
by Fintech News Desk0
New Galileo research shows that despite 77% of U.S. adults still using traditional banks, 43% of their funds are kept elsewhere, and 61% of consumers are somewhat or highly likely to switch to a digital-only provider Galileo Financial Technologies, the leading global fintech-as-a-service platform owned and operated independently by SoFi......
People, Not Products, are the Future of Banking, Finds Economist Intelligence Unit Report for Temenos
Banking Fintech News

People, Not Products, are the Future of Banking, Finds Economist Intelligence Unit Report for Temenos

Fintech News Desk
by Fintech News Desk0
Four in five (81%) banks seek to differentiate on customer experience rather than products Mastering both customer experience (30.5%) and digital marketing (28.5%) are ranked as top strategic priorities for the next four years Survey respondents across the world are considering microfinance for entrepreneurs (34%), deposits for the unbanked (33%)......
More Than Half of Millennials Happy to Opt for Digital-Only Banks
Banking Digital Mobile Banking News

More Than Half of Millennials Happy to Opt for Digital-Only Banks

Fintech News Desk
by Fintech News Desk0
More than half of millennials are happy to switch to or already have a digital-only bank, according to a new poll from deVere Group The results from a deVere Group global poll of 550+ clients born between 1980 and 1996 show that 59% of those surveyed already only ever use......
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