Consumers aren’t ready to quit cash yet: The shift to digital delivery of services hasn’t relieved banks of their duty to manage cash—particularly if they’re seeking to win over cash-carrying millennials and Gen Zers.
The bank expects to roll out more luxury experiences at 30 new financial center branches by 2026.
In today’s podcast episode, we dive into how Apple Intelligence will move the AI usage needle and discuss which companies are poised to shape the future of artificial intelligence. "In Other News", we cover Bank of America’s recent outage and the risks associated with digital banking. Join host Marcus Johnson and analysts Jacob Bourne and Gadjo Sevilla for the conversation.
PayPal Ads offers unique ad targeting via transaction data: Access to PayPal’s 400 million users aims to transform digital advertising for small and medium-sized businesses.
While conditions are improving, the warning signs haven’t gone away completely
In today's episode of The Banking & Payments Show podcast, we will be discussing the potential risks that AI poses to financial institutions. In the 'Headlines' segment, we will examine an article from BBC.com titled "Could AI Trading Bots Transform the World of Investing," which discusses risk-related issues such as AI bots making financial decisions autonomously. In the 'Rankings' segment, we will rank the 5 AI risk categories that financial institutions must address in terms of importance. Join the conversation as host Rob Rubin chats with analysts Jacob Bourne and Grace Broadbent.
Though still in draft form, the new framework can help banks navigate the next steps for safely incorporating the technology.
A new report found that having the best mobile banking app isn’t enough to retain these digital natives.
B2B ad spending sees a strong rebound: LinkedIn leads, with finance and retail sectors boosting growth.
Generative AI (genAI) is making it easier than ever to create individualized banking experiences at scale. As banks and credit unions plan their personalization strategies, they need to understand the customer-facing areas where genAI can deliver the most value.
The rollout extends Klarna’s in-store push and bolsters Alipay’s global expansion efforts
This could not only impact its market share in the debit card industry and cut into its margins—it may also hurt Visa’s brand in the court of public opinion
The retailer is pushing non-card payments to save on swipe fees, a perennial frustration for merchants, but getting consumers to make the switch will be tricky
The need for more detailed record-keeping will increase compliance costs.
Here’s a deeper dive into consumers’ financial outlook ahead of the holidays and what that means for retailers.
There are, however, still many unknowns—like how interest-bearing loans will be treated
25% of US consumers will avoid traveling to cut back and save during the holiday season, according to an August 2024 survey by Censuswide and Invoice Home.
Their “boring” marketing tactics may be working—which means they should keep using them.