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Alex also shares his view on where earned wage access is headed and who are likely to be the winners in the market. Read more 👉 lttr.ai/AYkFJ #EWA #fintech #EarlyWageAccess

We find this stuff fascinating Read more 👉 lttr.ai/AYqGz #earworm #financialservices #SonicBrand #CreditUnion

Many hesitate to use digital wallets due to security worries and a lack of trust in a single platform to manage all their information, a sentiment particularly prevalent among Baby Boomers. Read more 👉 lttr.ai/AZA85 #DigitalWallets #MobilePaymentApps

Dive into why the Maine-based Bangor Savings Bank built a transactional checking account and how it grew its deposits to $4.7 million. Read more 👉 lttr.ai/AZHvh #banking #DifferentlyAbledPeople #NationalDisabilityInstitute

The objective is to design an interface that allows employees to get their work done efficiently, not to hook or engage, as would be the case in consumer-facing UX design. Read more 👉 lttr.ai/AZSy8 #curbcuteffect #accessibility #financialservices #banking

Last year, some of the biggest banks shared how they had evolved their accessibility programs with some great takeaways for the industry at large. Read the full article: Telling stories about accessibility: 2023 in review ▸ lttr.ai/AaDNe #DifferentlyAbled

"Small businesses, in particular, need one platform that does it all for them – one that saves them time and resources they could better spend on managing their business, growing their company, and focusing on the big picture." lttr.ai/AaEbO #SMB #TopExecutives

Although dealing with such cases is part of a bank’s overall AML, fraud, and KYC strategies, it still requires a more focused approach by FIs, due to the power these types of consumers hold. Read more 👉 lttr.ai/AaFG7 #fraud #ThirteenthHerculeanLabor

Balancing In-House Development and Partnerships: "We've got to build by partner strategy, which is a huge change from like 10 or 15 years ago." Read more 👉 lttr.ai/AaFiJ #RecentEarningsCall #FinancialServicesIndustry #FinancialServicesProviders

Once the hiring event is complete the team conducts a "look back" review and feedback process which ensures new input can enrich the structure of the current program. Read more 👉 lttr.ai/AaGXs #WellsProcess #RecentSurveysShow #SubjectMatterExpertise

Key points: Offering free checking and savings accounts with no fees or interest, specialized access to credit between paychecks without interest or credit checks. Read more 👉 lttr.ai/AaGpC #GenZ #InterestBearingCheckingAccounts #CreditAccess #OverdraftCashAdvance

How do you see financial services firms evolving in response to Gen Z's requirements around sustainability? Read more 👉 lttr.ai/AaIUF #greenfinance #financialservices #SustainableFashion

The imposter syndrome that women of color feel when entering STEM fields can only be countered by presenting women with role models who have had long tech-focused careers. Read more 👉 lttr.ai/AaIsJ #dayinthelife #financialservices #GoodRoleModel

""In 2024 we expect Gen AI to gradually integrate into the operations and products of financial institutions and merchants globally,” Ken Moore, Chief Innovation Officer and Head of Foundry at Mastercard, told Tearsheet recently." lttr.ai/Aaw7M #banking

The technology provider’s licensed subsidiary FI Connect allows customers to access financing at the point of sale. Read more 👉 lttr.ai/AbVZT #autofinancing #EV #CreditUnions

Wage Access Models: Employer-Integrated vs. Direct-to-Consumer: “Cash advance apps typically have a tip type of model. Read more 👉 lttr.ai/Abd39 #EWA #fintech #EarlyWageAccess

"In this new episode of the podcast, Tearsheet editor Zack Miller is joined by executives from Navy Federal and Made Music Studio to discuss how they created a new sonic brand for the largest credit union in the US." lttr.ai/AbjBE #earworm #financialservices

"According to Roberts, this validates the need for omnichannel solutions focusing on the customer experience throughout the [shopping] journey, and the continued evolution of contactless payment options beyond credit or debit cards." lttr.ai/Ab7PC #DigitalWallets

"We need only look at credit building products for Gen Z, spend management products for SMBs, or neobanks with niche focuses, to know that the financial services industry is acutely aware of the importance of such solutions." lttr.ai/AcFw2 #banking

Accessibility as a corporate value is built upon, and championed by, employees with disabilities whose work is informed by their lived experiences. Read more 👉 lttr.ai/AcT4F #curbcuteffect #accessibility #financialservices