onlinebanking
Americans absolutely love using their smartphones to take care of everyday business. For example, even before the pandemic of 2020 confined millions to their homes, consumers were doing an increasing amount of online banking. The increase is simply because of mobile’s ease and convenience. The Rise of Online Banking in the U.S.Once Covid-19 broke loose, however, the rise in demand for “touchless” payment solutions instantly gained a great deal of steam. Consumers became understandably wary of writing or receiving handwritten checks or handling paper currency and coins that came from no-one-rea...
Due
The coronavirus pandemic left many anxious about in-person interactions, sparking a surge of online consumer activity from shopping to banking. But that transition presents its own set of challenges; a survey by Deloitte revealed that one major issue with the quick shift to online banking is a lack of ingenuity in the space. Now, many institutions offer a very similar experience that isn’t always straightforward and convenient. Q2 2021 hedge fund letters, conferences and more By focusing solely on basic digital banking solutions, banks and their customers working through complex transactions, ...
ValueWalk
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