Moven announced last week they would shutter their challenger bank offering and all accounts would be closed by April 30th;...
A study from WalletHub says 67 million Americans will not being able to pay their credit card bills due to...
Cloud providers Amazon Web Services, Google Cloud, Microsoft, and IBM have been working to convince more financial services companies to...
American Banker puts together a slideshow on the key trends in digital banking; some of the trends include more customers using digital payments, digital banking adoption is increasing globally, consumers are not happy with PFM options offered by banks and overall banks are still highly trusted for managing money. Source.
Small banks are unable to put endless resources into projects to test new technologies and must be more strategic in...
Back in 2017 the CEO of Revolut, Nikolay Storonsky, was already a man on a mission; he gave a keynote...
Rewriting the Community Reinvestment Act is a welcomed sign by banks like Ally Bank who does not use branches and misses out on benefits awarded to banks with branch networks; focusing on where banks lend would be a better way to assess potential credit instead of where the bank is physically located. Source.
Ally Financial recently added an automated savings tool to their product set that the company believes will help them deepen...
It seems like SBF is in the news every week lately, as is Goldman Sachs. Also making news this week we have Ramp getting into BNPL and blockchain making inroads on Wall Street. Here are what I consider to be the top ten fintech news stories of the past week.
In our latest guest post, direct response marketing veteran Mike Gunderson discusses the seven ways voice marketing enhances digital banking;...