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SNB Survey Finds Just 50 Percent Of Swiss Bank Online

PYMNTS

A new survey of 34 banks in Switzerland showed that only about 50 percent of the population bank online, according to a report by Reuters. . The survey was conducted by the Swiss National Bank (SNB) and released on Tuesday (Aug. Overall, the banks have not yet reached their digitalization targets,” the SNB said.

Survey 129
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Banks can take cues from challengers on digital customer acquisition: Gartner

Bank Innovation

Gartner’s Digital IQ Index for 2019 surveyed 80 banking and financial brands, including national banks, regional banks, online banks and fintech startups. It examined 1,200 data […].

Regional 273
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Fed Sees Possible Path To ‘Direct Issuance’ Of Digital Dollars

PYMNTS

Notably, China’s central bank is already developing and testing a national digital currency in the Asian nation. Meanwhile, Mester said that a Fed survey of consumers taken in May found that Americans had increased their cash holdings during the pandemic.

Cleveland 330
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Today In Payments Around The World: Ant Eyes Credit Unit Overhaul; FCA Releases Pandemic Resiliency Survey Data

PYMNTS

China’s Ant Group is considering the formation of a new consumer loan division that would let it continue to provide loans across the nation while adhering to new Chinese banking rules. Ant Group was co-founded by Jack Ma, who also helped start the online commerce firm Alibaba.

Survey 172
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Survey: Half Of US Shoppers Prefer ‘Experience Gifts’ To Material Items

PYMNTS

Mintel surveyed 1,700 shoppers online last year and discovered a fifth of consumers agreed that “experience gifts” were better than tangible products. The Mintel survey indicated the lion’s share of respondents who identified themselves as millennials or Generation Z preferred experiences over gifts.

Survey 140
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Half Of Chicagoans To Shop Online This Holiday

PYMNTS

More than 50 percent of Chicagoans will do the majority of their holiday shopping online this year, according to a survey from Accenture. Year-round online deals mean that Black Friday is becoming less significant to consumers. The trend away from brick-and-mortar retail isn’t restricted to Chicago, found the survey.

Online 124
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Survey: US Consumers Bargain Hunting, Not Hoarding Now

PYMNTS

When the coronavirus pandemic struck the nation two months ago, panicked customers stockpiled paper goods, shelf-stable foods and other essentials as states shut down. Sales of store brands, so-called private labels, which are priced lower than national brands, have surged during the pandemic. But that’s all changed.

Survey 131