What to read today: The Co-Brand Credit Card Report: Co-brand card issuers and brand partners have an opportunity to reimagine their offerings in the pandemic's wake. Insider Intelligence zooms in on the state of co-brand credit cards and sketches the industry's post-pandemic future. We size the market and examine how co-brands drive loyalty, confront competition, and attract volume within the retail, airline, hotel, and digital cards sectors..
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 | August 7, 2021 | |  | | CIBC streamlines its account-opening process with new digital ID feature. | The Canada-based bank introduced a new digital option for prospective customers who are applying for one of its accounts and need to verify their identity. Eligible products include a checking account, savings account, personal line of credit, or credit card.
Potential customers can access the digital identity verification feature via the CIBC mobile app or website. The offering eliminates the need to visit a branch. The bank states that the entire process can be completed in minutes.
CIBC is following the lead of Scotiabank, which provides prospective customers with a similar digital ID verification process. Both banks are capitalizing on the trend of more customers opening their accounts digitally in Canada.
Insider Intelligence's Matthew Gaughan has the full story. | | |  | BRIEFING HIGHLIGHTS | | | | | | | | | | | | | | | | | | | | | |  | RESEARCH IN FOCUS | |  | | The Co-Brand Credit Card Report | | Co-brand card issuers and brand partners have an opportunity to reimagine their offerings in the pandemic's wake. Insider Intelligence zooms in on the state of co-brand credit cards and sketches the industry's post-pandemic future. We size the market and examine how co-brands drive loyalty, confront competition, and attract volume within the retail, airline, hotel, and digital cards sectors. | | Get the full report → | | |  | | US Mobile Payments Forecast 2021 | | Mobile proximity and peer-to-peer (P2P) payments have hit the mainstream, thanks to a pandemic-driven upswing in digital payments that is set to last. In this report, we present our eMarketer forecasts for growth in the mobile proximity and mobile P2P payments space, as well as assess top players in each area. | | Get the full report → | | |  | | AI in Insurance | | Incumbent insurers have accelerated their use of mature AI deployments in the past year to meet changing customer expectations and better compete with insurtechs. Insider Intelligence assesses the business impact of forward-looking insurers implementing AI in their front, middle, and back offices, with real-world examples of each. The report then explores the key risks arising from AI use that insurers need to keep in mind. | | Get the full report → | | |  | BECOME A SUBSCRIBER | | | Our Briefing subscriptions deliver analysis on the biggest trends and decisions shaping the future of a specific industry. Stay on top and subscribe today to receive:
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