Press Releases

10 Time-Tested Personal Finance Principles Can Transform Digital Banking

June 4, 2015

Digital banking can be constructed to influence what consumers spend, save, borrow, invest, insure, yearn to achieve, and even what they earn. The challenge is to integrate personal finance principles into the online and mobile banking experience....

Mobile Leads as First Banking Screen of Choice for 1 in 4 U.S. Consumers

May 28, 2015

Driven by the adoption of smartphones and tablets, the U.S. banking system has reached an important crossover point where the number of weekly mobile bankers now equals to number of weekly branch bankers. “Mobile first", consumers-- that is, those...

iPhone Owners Dominate Commerce at Point of Sale Over Android

May 7, 2015

By 2019, mobile proximity payments make up a mere 1% of all retail transactions, compared to total online payments at 9%. Mobile proximity payments are payments made by consumers at the physical point of sale using a mobile device, usually a...

Banking Notifications Must Differentiate from Growing Clutter of Nonbank Apps

May 4, 2015

 The meteoric growth of smartphone and tablet adoption and the highly touted Apple Watch rollout are propelling momentum for push notifications to be central in consumers’ lives sooner than many expect. 

Identity Protection Direct-to-Consumer Services Reach $1.4B in a Year Ridden with Data Breaches

April 22, 2015

The past two years have brought a notable transition in the fraud landscape of the U.S. with massive data breaches at big-name retailers. In 2014, 2.5 times more consumers were notified that their personally identifiable information had been...

Real-Time Payments on the Horizon for the U.S.

April 20, 2015

The Federal Reserve made a call to action for revamping or rebuilding the U.S. payments ecosystem to deliver a world-class real-time payment network. While the United States has lagged in enabling real-time payments in the past, this new edict could...

Young, High Income Consumers Lead the Smartwatch Revolution

April 16, 2015

The Apple Watch release could be the shot that sets smartwatch adoption off to the races. The opportunity is great: wearables owners today are gold-standard customers: high income, younger, and extremely engaged in digital banking, payments, and...

Banks Losing Consumer Trust to Technology Giants

April 9, 2015

The Gang of Five - Apple, Google, Amazon, PayPal-eBay and Facebook - are uniquely suited to dominate mobile wallets in the mobile-social tech cycle. Over the past three years, the Gang of Five has moved up significantly in consumers’ perception of...

Consumers Crave Digital Account Opening Capabilities

March 5, 2015

Bankers who are intent on preparing for the day when digital channels will dominate account opening should rethink their timing. That day might already have arrived. The checking account – the foundational bank account that Americans have long...

$16 Billion Stolen from 12.7 Million Identity Fraud Victims in 2014, According to Javelin Strategy & Research

March 2, 2015

The 2015 Identity Fraud Study, released today by Javelin Strategy & Research (@JavelinStrategy), revealed that 2014 was a mixed year in the fight against identity fraud, with some advances and some setbacks. The study found that fraudsters stole...