Jumio has revealed at Money20/20 that although 92 % of millennials use their devices for mobile banking more than any other service, more than 75 % are dissatisfied with mobile banking experiences.
US biggest banks have announced Zelle at Money20/20, a money-transfer app backing by them, that will compete against PayPal, Venmo and Square Cash.
Bank of America Merrill Lynch has teamed up with ModoPayments, a digital payments innovation provider, to enable the bank access Modo’s patented COIN, Operated Digital Payments Hub.
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