There are 69 million consumers in the U.S. who are between the ages of 12 and 27. They are described as the first digitally-native generation — a generation that has lived with mobile phones and apps for most of their lives. The iPhone was introduced...
Arizona Financial Credit Union (AZFCU) has launched a partnership with retail banking firm NCR Atleos. According to a Tuesday (April 9) news release, AZFCU has picked Atleos’ ATM as a Service (ATMaaS) offering to boost operational efficiencies within its self-service banking channel. “As many of the credit union’s...
JPMorgan Chase CEO Jamie Dimon weighed in on all manner of subjects in his latest annual letter to shareholders — taking particular note of the changing competitive landscape in financial services. And he warned that regulatory frameworks for banks may make delivering those services more...
TD Bank Group and Google Cloud have partnered to streamline the bank’s development and deployment of new applications. The collaboration aims to accelerate the rollout of new features and financial products, enabling “innovative banking experiences,” the companies said in a Friday (April 5) press release....
Commerzbank is updating its payments platform in Germany to execute cross-border payments. The bank will use the Swift network to process cross-border payments and the Target 2 or Euro 1 payment systems to process high-value and urgent payments, Commerzbank said in a Thursday (April 4)...
The fraudsters are wilier than ever. The dark web offers all manner of details up for sale, from email addresses to Social Security numbers. And for banks, the key point of interaction — the initial onboarding of clients — requires a re-examination of the data...
Traditional wealth management services often involve face-to-face interactions with financial advisors, extensive paperwork and opaque fee structures, making the process daunting for many potential investors. However, the digital age has brought about significant shifts in consumer expectations and demands, prompting the industry to adapt and...
Embedded banking firm ClearBank is reportedly planning to expand into Europe and the U.S. Charles McManus, the British firm’s CEO, told Bloomberg News Thursday (April 4) that the company has applied for a banking license in the Netherlands, and is considering launching in the U.S....
Chase is reportedly getting deeper into the world of retail media. The banking giant’s new Chase Media Solutions unit will let advertisers target Chase customers with discounts and deals related to their spending history, The Wall Street Journal (WSJ) reported Wednesday (April 3). As the report notes, this...
