Tag "digital banking"
The Best Rated Mobile Banking Apps in Switzerland
Over the past two years, mobile banking has developed strongly in Switzerland, overtaking e-banking as the most popular transactional and delivery channel. This industry is seeing the emergence of leaders, among which banking incumbents Zurcher Kantonalbank and Luzerner Kantonalbank, a
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Swiss Universal Banks Top Digital Performance Ranking Ahead of Neobanks and Challengers
Traditional banking institutions are performing better than digital challengers on their digital presence, engagement, social media and app usage, according to Colombus Consulting’s latest edition of the Digital Index and Performance of Swiss Players report. The study, which looks at
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Neobanks Face Setbacks Amid High Cash Burns and Little Revenue Streams
A challenging economic environment, diminished funding and valuations, and increased scrutiny of regulators have put tremendous stress on neobanks around the world. Over the past few years, the industry has seen its fair share of business failures often due to
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Latin America Sees Booming Digital Banking Sector with Brazil at the Lead
Over the last few years, digital banking in Latin America (Latam) has experienced extraordinary growth on the back of changing customer needs, expanding technological penetration and rapidly evolving regulatory standards. Since 2017, the number of digital banks has more than
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Consumers’ Interest in Neobanks Cools Down
Though neobanks have continued to gain market share over the past years, consumers are still reluctant to work with these as their main accounts, according to an Accenture research. The 2020 Accenture Global Banking Consumer Survey, which polled more than
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Digital Banking Champions Lead in UX, Functionalities and Ecosystem Building
So-called digital banking champions are delivering the best UX in account opening, transfers and buying a credit product. They are also leading their peers in products and personal finance management, as well as in expanding their digital functionalities to provide
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COVID-19 Accelerates Shift to Digital Payments, Virtual Banking: McKinsey
The COVID-19 pandemic and its many repercussions have dramatically changed consumer behaviors, accelerating the move from physical to virtual banking and boosting digital payments, according to a new report by McKinsey. All forms of electronic payments, whether peer-to-peer (P2P) or
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Platform-Based Banks More Profitable, Agile than Traditional Financial Institutions
In the age of disruption and increased competition from tech players, the traditional banking model is rapidly becoming outdated. For banks and financial companies, platformification is emerging as the most fitting strategy to maximized results, enabling greater agility and personalization.
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N26 CPO on Digital Banking, Building Trust, and More: Spiros Margaris Interview
Switzerland based venture capitalist and fintech expert Spiros Margaris has released the first video interview of his new series @SpirosMargaris & Friends. For this interview, Margaris talked to Georgina Smallwood, chief product officer (CPO) at N26, and one of Europe’s
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Brett King Predicts Ant Financial Will be The Largest Financial Institution by 2030
At the DWS Digital Convention last year, Australian banking futurist, best-selling author and co-founder of mobile banking startup Moven, Brett King spoke about how technology is killing traditional banking and requiring the industry to entirely redefine how the financial services
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