PYMNTS-MonitorEdge-May-2024

What’s Next In Payments: Banking 2024

Bank Branches Evolve Into Financial Education ‘Magnets’
Bank Branches Evolve Into Financial Education ‘Magnets’
March 29, 2024  |  Financial Inclusion

Last year, banks shuttered 2,300 branches. The move should come as no surprise, given the fact that banks, like any other business, have been examining...

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i2c President Says Banks Have Reset Their Go-to-Market Strategies
i2c President Says Banks Have Reset Their Go-to-Market Strategies
March 29, 2024  |  Banking

Jacqueline White, president of i2c, told PYMNTS in an interview that financial services have undergone a seismic shift in recent years. When the pandemic hit, banks...

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For Banks to Compete With FinTechs, They Need to Act Like One
For Banks to Compete With FinTechs, They Need to Act Like One
March 28, 2024  |  Banking

The financial services landscape is an inherently customer-centric one. Within it, the winds of change around customer behavior and expectations about their banking relationships and...

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Digital Shift Helps Banks Tailor Credit Offers to Consumers
Digital Shift Helps Banks Tailor Credit Offers to Consumers
March 28, 2024  |  Digital-First Banking

For decades, consumer expectations around the convenience and always-on capabilities of their financial services could not be met. The typical Monday-through-Friday banking hours and 4...

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Banks Need to Copy eCommerce’s ‘Friction-Free’ Experiences
Banks Need to Copy eCommerce’s ‘Friction-Free’ Experiences
March 27, 2024  |  Banking

Eric Foust, VP of Banking Partnerships, North America at Trustly, said that in the wake of the pandemic, consumers are looking toward banks to deliver the...

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Banks Embrace the Digital Age to Become Financial Service Aggregators and Platforms
Banks Embrace the Digital Age to Become Financial Service Aggregators and Platforms
March 27, 2024  |  Banking

Jim McCarthy, CEO of Thredd, said in a recent interview that banks have to break down their walled gardens to give customers what they truly...

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Bank of America: Digital Evolution Demands ‘High-Tech and High-Touch’ Approach
Bank of America: Digital Evolution Demands ‘High-Tech and High-Touch’ Approach
March 27, 2024  |  Digital Banking

Rich Clow, managing director and head of innovation and strategy, Global Payments Solutions, Bank of America, told PYMNTS that omnichannel demands are pointing banks toward a...

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Banks Invest in Digital Differentiation to Remain Relevant
Banks Invest in Digital Differentiation to Remain Relevant
March 26, 2024  |  Digital Banking

If video killed the radio star, then what has digitization done to the banking landscape? Well, some observers believe it may have just given the...

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Intellicheck CEO: Digital Banking’s Future Will Be Defined by Security
Intellicheck CEO: Digital Banking’s Future Will Be Defined by Security
March 26, 2024  |  Digital-First Banking

Did the mobile device kill the bank branch? Not quite, but as the world moves increasingly toward digital rather than physical banking channels, the banking...

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