The crypto exchange’s US banking partners are severing ties, forcing it to suspend all transactions in USD.
Apple’s headline-grabbing buy now, pay later (BNPL), savings, and credit card products are just one part of the threat it poses in consumer banking: Its digital platform delivers an almost unbeatable user experience (UX) and is tailor-made for Gen Z. Banks must adapt quickly or risk losing market share.
On today’s episode, we discuss what bank CMOs want, the types of customers they are looking for, and if the marketing teams they lead are shifting focus from brand messaging and corporate communications to the middle and lower marketing funnels their product teams target. In our "Headlines" segment, we discuss how bank marketers are building campaigns to reach Gen Zers across the digital ecosystem. In "Story by Numbers," we review bank CMOs' acquisition strategies and their focus on the marketing funnel. And in "What’s Next," we chat about banks strategies to acquire new customers. Join the conversation with host Rob Rubin and Joseph Pagano, vice president of marketing solutions consulting services at TransUnion.
A joint report educates banks on proper risk management strategies, but they’re not a great fit for small FIs.
They claim the banks are unfairly profiting off loyal customers by offering low savings rates. The Bank of England doesn’t agree.
Ualá is offering a high-yield savings account that is similar to a competitor’s. For consumers, competition means options.
Recurring payments for Apple Cash can boost engagement and lure new users.
Scenario analysis at one bank showed climate risk isn’t hurting its bottom line. But its image is likely hurting.
HSBC says it plans to rebuild Silicon Valley Bank under its own brand, and aims to take operations global.
The brands built on their previous BNPL partnerships, bringing Affirm’s product to Amazon Pay to grow the buy button’s reach
Financial lobbyists are gearing up for another pitched battle against the bill, which could destabilize Visa and Mastercard’s credit duopoly
Through a partnership with Volt, it rolled out account-to-account payment capabilities
US mobile peer-to-peer (P2P) payments have reached a critical mass, and spending is surging—but the media’s spotlight on fraud has stoked consumer concerns, threatening user and spending growth. In 2023, providers will tackle the security issue head-on as they aim to become consumers’ primary wallet.
The regulator now wants to freeze Binance’s assets as the crypto firm and Coinbase weather a regulatory onslaught and battered customer trust.
The CFPB signaled it’s taking a more proactive stance in policing banks’ AI chatbots, including dishing out penalties.
Gen Z and millennial UK consumers prefer digital solutions and are willing to trade their financial data for better banking tools.
Unexplained transfer delays are causing some Apple loyalists to question if Big Tech should have their savings.