Fifty percent of first-time person-to-person payments users are aged 45 or older, according to survey data released today by Early Warning Services.
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Lagging loyalty puts financial institutions at risk of falling behind.
How to blend the basics of fighting fraud with new tactics, capabilities and processes to keep pace with digital payments.
ABA today released new data showing that more than nine in 10 Americans (93 percent) rated their bank’s online and mobile app experience as “excellent,” “very good” or “good.” Seventy percent use a mobile device to manage their bank account at least once per month, and 46 percent do so more than three times per month,
Community banks are using APIs to build new services rather than rely exclusively on legacy products.
Read on for further insights on faster payments, open banking, security and more.
Debit card use and market penetration continued to grow in 2017, while fraud losses declined, according to Pulse’s debit issuer survey released today.