What Generation Redeems Gift Cards Online?
As digital commerce continues to grow, the use of gift cards has evolved, with online redemption becoming increasingly popular across various generations. While gift cards remain a convenient option for gifting, how different age groups redeem them is shifting. From tech-savvy Gen Z to digitally adept Millennials, and even Baby Boomers embracing online platforms, each […]
Bank of America to Shift Gears with New Branch Expansion
Bank of America will open over 165 new U.S. branches by the end of next year, with the new model will de-emphasizing teller transactions. While the increase in brick-and-mortar locations may seem at odds with the continued shift to digital banking, Bank of America’s leadership told Reuters that physical branches account for 80% of its […]
For ISO 20022, the Time Is Now
As of March 10, 2025, ISO 20022 will become the messaging standard for financial services in the United States. Yet adoption continues to be slow among large and small banks, with only about a quarter of American banks already using the new protocol. As some have put it, it’s like waiting until the last minute […]