Despite the prevalence of digital banking e-statement adoption is still relatively low, posing a costly problem for banks.
Consumers worldwide want more from their mobile banking apps. Here are three charts that examine what consumers are looking for and how meeting demand benefits banks.
Country of residence, income, age, and the type of financial institution all play a role in how much consumers trust their banking providers.
While adoption will likely tick back up this year, mainstream use is still a long way off. Some payment providers aren’t worried about the timeframe
As A2A payments grow in the UK, the tool could collectively save Visa’s customers $419 million in fraud losses each year
Soon-to-be retirees want a way to catch up and leave the workforce with more security, but it’s also intriguing to younger consumers.
The initiative will utilize customer data for targeted advertising and innovative ad formats to attract sellers and non-endemic advertisers
When Chase Media Network launched last month, it revealed the potential for more payments and financial service companies to get in on the commerce media game, leveraging consumer payments data to sell ads. One unexpected out-of-home implementation could be ATMs, said Stuart Mackinnon, COO of NCR Atleos, on our “Behind the Numbers: The Baking & Payments Show” podcast.
The launch should help speed up Canada’s digital payments transformation, which has fallen behind other countries
Walmart is bringing more of its financial services in-house—but Capital One may not sweat the loss, either
A2A payments adoption is more mature in the UK than in the US, making it a better market to launch the product
It’s going all-in on AI to protect consumers from an expected $13.73 billion in card payment fraud this year
Many BNPL firms already offer the consumer rights the CFPB wants to enforce, but the rule will have broad implications for BNPL and other fintechs