This could make it harder for riskier consumers to get approved for credit cards in the future
Article
| Nov 22, 2023
Cryptocurrency volatility has tempered expectations for crypto payments. But it hasn’t erased them: Retail, remittance, and cross-border B2B payments remain in growth mode.
Report
| May 18, 2023
That means they have a bank account but also use alternative financial services, such as cashing checks through a non-bank entity or purchasing money orders. Gen Z’s evolving saving habits: Inflation has throttled Gen Z’s ability to set money aside for the future, per a recent Bank of America survey of 1,156 general population adults and a partially overlapping sample of 1,167 Gen Z adults.
Article
| Nov 16, 2023
On today’s podcast episode, we examine how banks build and use trust to win new customers. Here’s a look at what we’re talking about:
• In our “Headlines” segment, we discuss recent data breaches at banks and question what the difference is between a bank's security breach and a breach at a partner company’s system.
• In “Story by Numbers,” we focus on personalization and reveal if it successfully engenders trust or just seems creepy.
• In “For Argument’s Sake,” we ponder what would happen if banks were required to report to customers when they shared their personal information with third parties and how it would impact customers’ trust and banks' marketing campaigns.
Tune in to the conversation with host Rob Rubin and our analysts Grace Broadbent and Tiffani Montez.• In our “Headlines” segment, we discuss how in-flight deposits and Gen Z will drive account openings in 2023 and to what extent new account openings are the result of high deposit rates and an incentive-laden environment.
• In “Story by Numbers,” we examine how being able to set up direct deposit when consumers open checking accounts is extremely important and the importance of deposits being protected.
• In “For Argument’s Sake,” we suppose there’s a new US banking regulation requiring all banking products to be applied for and opened online. We debate (nicely) how the industry dynamics would change if everything in banking were digitized and moved online.
Tune in to the conversation with host Rob Rubin, managing principal of financial services consulting at EPAM Systems Alex Jimenez, and our analyst Tiffani Montez.
Audio
| Aug 22, 2023
Article
| Nov 20, 2023
Chart
| Dec 21, 2023
Source: Insider Intelligence | eMarketer
This time, it’s the former CEO of the world’s largest bitcoin and altcoin crypto exchange.
Article
| Nov 29, 2023
Insurers’ profitability is under pressure, and waning penetration in homeowners and auto insurance policies isn’t helping. But renters insurance is a bright spot. Here’s a closer look at what our latest P&C insurance forecasts mean for insurers.
Report
| May 9, 2023
I'm Rob Rubin, GM of Financial Services and your host today. If you enjoy this podcast, please give us a five star rating. We'd love to hear from you. The title of today's episode, Counting on Bricks When Banks Stick to Their Branches and it's going to be a good one. Joining me today is Andrew Hovet, director at Curinos, my former partner at Novantas before it merged with into Curinos.
Audio
| Nov 14, 2023
A person with a prior criminal record unrelated to financial services. Community members engaged in regular and repetitive transactions within a susu—their trusted financial community, a popular collective savings practice in African, Caribbean, and some Asian cultures.
Article
| Nov 8, 2023
Article
| Aug 7, 2023
Article
| Nov 8, 2023
In an era of instant, interconnected, and always-on communications, nervous customers can quickly become an existential risk to banks. They need a new marketing framework to anticipate and manage a crisis.
Report
| May 4, 2023
Article
| Jul 31, 2023
On today’s podcast, we are talking about digital account-opening trends, who’s opening bank accounts digitally, and what they want or expect when going through that process. Here’s a look at what we’re talking about this week:
• In our “Headlines” segment, we discuss how in-flight deposits and Gen Z will drive account openings in 2023 and to what extent new account openings are the result of high deposit rates and an incentive-laden environment.
• In “Story by Numbers,” we examine how being able to set up direct deposit when consumers open checking accounts is extremely important and the importance of deposits being protected.
• In “For Argument’s Sake,” we suppose there’s a new US banking regulation requiring all banking products to be applied for and opened online. We debate (nicely) how the industry dynamics would change if everything in banking were digitized and moved online.
Tune in to the conversation with host Rob Rubin, managing principal of financial services consulting at EPAM Systems Alex Jimenez, and our analyst Tiffani Montez.
Audio
| Aug 8, 2023
Forecasts
| Apr 10, 2023
Source: Insider Intelligence | eMarketer
Forecasts
| Apr 10, 2023
Source: Insider Intelligence | eMarketer
Forecasts
| Apr 10, 2023
Source: Insider Intelligence | eMarketer
Forecasts
| Apr 10, 2023
Source: Insider Intelligence | eMarketer
Forecasts
| Apr 10, 2023
Source: Insider Intelligence | eMarketer
Forecasts
| Apr 10, 2023
Source: Insider Intelligence | eMarketer
The definitive guide to finfluencers: The quieter summer news cycle gave us time to do a deep dive into how and why “finfluencers” came into the world, what’s the secret behind their appeal to the TikTok generation, why investment advisors kind of hate them—and what financial services marketing teams can learn from them.
Article
| Aug 4, 2023
It cost Canadian financial services providers $3.78 for every $1 lost to fraud in 2022, up nearly 20% from 2020, per LexisNexis Risk Solutions. An unexpected international transaction often signals fraud, so the faster a bank can notify a customer, the faster they can act to prevent further losses. Overdrafts: The customer overdrafts/their balance drops below zero.
Report
| Apr 4, 2023
This third annual study ranks the seven largest Canadian banks (by domestic asset size) based on their support for 42 emerging mobile banking features, weighted by consumer demand for each feature.
Report
| Apr 4, 2023
Britain is looking forward to its first coronation celebration in 70 years—with street parties, socializing, and an extra bank holiday set to give a welcome lift to retail sales.
Report
| Apr 21, 2023