Credit cards and online bill pay increased their shares of all payments, according to results from the Federal Reserve Bank of Boston’s 2014 Survey of Consumer Payment Choice released today.
But online banking remains the most popular banking choice, especially for older Americans.
Mobile banking has leaped into position as the second-most-preferred form of banking, chosen by 18 percent of bank customers, up six points from last year and nearly double since 2014, according to an Ipsos Public Affairs survey conducted for ABA.
Most American adults — 62 percent — say it is likely or very likely that the U.S. economy will be completely cashless in their lifetimes, according to a new Gallup survey.
In the right setting, interactive teller machines can give financial institutions a competitive edge—including an invaluable opportunity to connect with customers.
The case will be remanded to the district court where the judge will eventually rule on the merits of plaintiffs’ claims.
NCR, a leading provider of consumer transaction technologies, today announced that it is launching a new cloud-based enterprise software platform for ATMs. The software, called Kalpana, runs ATMs remotely on an Android operating system and is designed to reduce costs and increase ATM security.