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Lines of Business - Banking Exchange
Plus: New chief risk officer at MUFG and CEO at State Employers’ Credit Union
Approximately 85% of deposit transactions are made via digital or automated channels including the bank’s app
“We have to be prepared here for the economy to sputter in the next several months.”
The generation born between 1981 and 1996 will soon be on the receiving end of a $30 trillion windfall as Baby Boomers begin to retire
JD Power study found that big banks are leading the way when it comes to financial advice
As the economy recovers we are seeing an emergence of the usage of commercial cards by businesses
Traditional US financial institutions such as Capital One and TD are still favored over PayPal, Visa and Amazon to deliver digital banking solutions
Bank of America ranks highest in banking mobile app satisfaction, reports JD Power
Bringing in new customers is increasingly happening online rather than in person
It’s undisputed that the pandemic brought upon new obstacles to the way people bank and pay each other
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