Amount

42% of Consumers Will Switch FIs for Bundled Banking
42% of Consumers Will Switch FIs for Bundled Banking
June 06, 2023  |  Banking

Many consumers like the idea of having all their banking products reside within the same financial institution, as long as banks and FIs can overcome...

READ MORE >
Small Banks and Credit Unions May Need Innovation to Stem Deposit Exodus
Small Banks and Credit Unions May Need Innovation to Stem Deposit Exodus
April 07, 2023  |  Banking

Small and regional banks are experiencing major fallout from the SVB meltdown as well as chasing higher rates on savings, as detailed last month by...

READ MORE >
Bank Customers Want Advice on Best Way to Use Credit
Bank Customers Want Advice on Best Way to Use Credit
January 30, 2023  |  Consumer Finance

Card-issuing banks offering payment advice to clients may benefit from decreased delinquencies and higher long-term customer retention.  Data suggests that consumers are increasingly reaching for...

READ MORE >
Data Brief: 60% of Consumers With 4 or More Cards Say Bundled Banking Simplifies
Data Brief: 60% of Consumers With 4 or More Cards Say Bundled Banking Simplifies
August 19, 2022  |  Banking

Over the past 10 years or so as FinTechs came to dominate payments innovation disintermediation was the ticket, breaking out individual banking functions and building...

READ MORE >
Thanks to Tools and Trust, Banks Can Now Clear Up BNPL’s ‘Perception Problem’
Thanks to Tools and Trust, Banks Can Now Clear Up BNPL’s ‘Perception Problem’
August 17, 2022  |  Buy Now Pay Later

Buy now, pay later (BNPL) has a bit of a perception problem, Adam Hughes, CEO of Amount, told PYMNTS’ Karen Webster. The conventional wisdom is...

READ MORE >
The Data Point: Bundled Banking Beats Multiple Accounts and FIs for 57% of Consumers
The Data Point: Bundled Banking Beats Multiple Accounts and FIs for 57% of Consumers
August 15, 2022  |  Banking

Choice and optionality are wonderful, but in some cases, consumers prefer dealing with one financial institution (FI) for more of their needs in order to...

READ MORE >
Banks Must Bundle Up or Lose Customers Who Are Done With Piecemeal Services
Banks Must Bundle Up or Lose Customers Who Are Done With Piecemeal Services
August 15, 2022  |  Banking

In banking, simplicity rules, and financial institutions (FIs) must simplify and consolidate what’s on offer to consumers — lest they lose nearly half of their...

READ MORE >
New Report: Product Bundles Strengthen Ties With Banks’ Most Profitable Customers
New Report: Product Bundles Strengthen Ties With Banks’ Most Profitable Customers
August 12, 2022  |  Credit Cards

Financial institutions (FIs) have an opportunity to boost long-term growth and profitability by tailoring their products to appeal to consumers who have multiple credit cards....

READ MORE >
45% of US Consumers Want Banking Bundles
45% of US Consumers Want Banking Bundles
August 02, 2022  |  Banking

Consumers have a variety of reasons for obtaining credit cards from their primary banks or other issuers, according to “Bundled Banking Products,” a PYMNTS and...

READ MORE >