The automated teller machine (ATM) debuted 51 years ago in the U.S., dispensing small preset amounts of cash … and that’s about it. They quickly faded into the décor of banks and street corners, becoming a prosaic feature of everyday life. And while some imagined...
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Bank customers increasingly prefer self-service transactions over branch visits, and financial institutions (FIs) are meeting them where there. Investments in features — such as remote authentication and mobile deposits — are delivering digital conveniences, and yielding unexpected benefits for staff. In this month’s Digital-First Banking...
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Everyone knows that digital and mobile services are key to success in the 2020s — not only in terms of more revenue, but also larger transformations. But that doesn’t mean all the players in payments and financial services have a solid or clear digital strategy....
N26, a mobile bank and a subsidiary of one of Europe’s fastest-growing financial startups, has announced that after five months of operation in the U.S., it has gained 250,000 customers, according to a release. Get the Full Story Complete the form to unlock this article...
Anti-fraud efforts can seem like word salad with exotic ingredients being tossed around: strong consumer authentication (SCA), two-factor authentication (2FA), the second Payment Services Directive (PSD2) … you get the idea. Ask consumers what they want, however, and the acronyms vanish like a metaphor for...
German smartphone bank N26, valued at $3.5 billion by investors, now has 5 million customers, co-founder Valentin Stalf said. Berlin’s most valuable FinTech startup grew from the 3.5 million users it reported in the summer of 2019. Get the Full Story Complete the form to...
Financial wellness technology startup Even is rolling out a new savings solution that gives users the ability to target three goals at the same time, the company announced on Thursday (Jan. 23). Get the Full Story Complete the form to unlock this article and enjoy...
