Remove 2020 Remove Continuity Remove Online and Mobile Banking
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Deep Dive: How 2020 Shaped The Future Of Digital-First Banking

PYMNTS

The banking industry is hardly exempt from the disruption as social distancing and stay-at-home orders have all but emptied physical bank branches to mitigate potential contagion. How 2020 Impacted Digital-First Banking. Bank branches are also closing faster than ever before.

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JPMorgan Forecasts Record Online Holiday Shopping Season

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The bank also processed record-breaking online and mobile payment transactions on Cyber Monday, up nearly 25 percent over 2019. That helped offset a 12 percent drop in payment authorizations at physical stores as people continue to largely lock down amid the coronavirus pandemic. “As As the No. trillion, J.P.

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Banking On A Rough Earnings Season For Banks

PYMNTS

(and international) consumer and the businesses that serve them will be center stage as earnings season gets underway, starting, as always, with a slew of big banks. The last time we had earnings season, stretching from mid-January into the end of February, banks pointed to the continued strength of the U.S. and the U.K.,

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Feedzai Reports 44 Pct Increase In First Half Of 2020

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Risk management platform Feedzai announced a 44 percent increase in growth for the first half of the fiscal year for 2020, which a press release says was one of the company’s most successful so far. Comparing it favorably to the first half of 2019, Feedzai says it closed deals in the U.S., EMEA, Asia and the Pacific and Latin America.

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The Year In Data: Measuring 2020’s Payments Innovation

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Key Data Points: Consumers are performing 12 percent more activities at home in 2020 than they did in 2019 and making purchases during 12 percent of those activities, on average. percent made purchases via mobile in the last 24 hours. 31 percent bank via app. percent made purchases via mobile in the last 24 hours.

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Digital Payments: 12 Digital Payment Options to Consider Accepting in Your Business

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We can hail a ride from a mobile app, and our transactions for all sorts of goods and services can be easily paid for from our phones. By the end of 2020, that rose to 78%. Between 2019 and 2020, there was an 8% rise in the number of consumers increasing their payment options to two or more types of digital payments.

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Wells Fargo On Why First Impressions Are Key In Digital Banking

PYMNTS

The COVID-19 pandemic is one of the most monumental crises the banking industry has faced, and the sector must stare down the dual challenges of creating safety measures at branch locations while addressing the ongoing economic downturn that has stretched their capacity for processing and deferring loans.