Category: Products

Products, Retail banking

Two-thirds of Amazon Prime members would try banking with the retailer, according to Bain study

September 18, 2018


Banks, you’ve been warned. About two-thirds of Amazon Prime members would try a free online bank account from the e-commerce giant, according to a report from consultant Bain & Co. That’s considerably higher than the percentage of regular Amazon customers […]

Business banking, Products

Novo business banking launches in US

September 10, 2018

Via: Banking Technology

The bank doesn’t have a licence but white labels its services. Its products can be connected with other financial accounts, and Novo steps in to provides recommendations based on a user’s financial picture. Novo’s deposit account services and card are […]

Business banking, Products, Regulations

Goldman Sachs hasn’t dropped crypto trading desk plans

September 7, 2018

Via: Banking Technology

According to sources that spoke with Business Insider, executives recently came to the conclusion that many steps still need to be taken, most of them outside the bank’s control, before a regulated bank would be allowed to trade cryptocurrencies. However, […]

Business banking, Products

The Big Future of Small Business Banking

August 28, 2018

Via: Bank Director

According to the U.S. Small Business Administration Office of Advocacy, there are currently 29.6 million micro and small businesses in the United States. Of those, 80 percent are one-person businesses, and 22 percent are made up of 10 employees or […]

Business banking, Products

JP Morgan to unveil new investing app with an eye-catching, disruptive price: Free

August 21, 2018


J.P. Morgan Chase is about to lob a grenade into the increasingly competitive world of retail investing. The bank is rolling out a digital investing service next week that comes bundled with free or discounted trades, a sophisticated portfolio-building tool […]

Capital and risk, Credit, Products, Retail banking

This new credit card offers 4% back on dining, but is it a good deal?

August 14, 2018

Via: Market Watch

Here’s one reason to put your avocado toast and poke bowls on credit — if you can pay them off in full, of course. There’s a revamped Capital One COF, +1.59% card on the market aimed at foodies that will […]

Capital and risk, Operational, Products, Retail banking

Chase Bank chasing mobile market with ATM move

August 3, 2018

Via: Banking Technology

Chase Bank ATMs now allow customers to withdraw cash using their phones’ mobile wallet and NFC capabilities. The bank’s ATM network has around 16,000 terminals throughout the US, but customers can also use ATM vestibules from outside the bank. This […]

Products, Retail banking

Starling flys into banking-as-a-service space

August 3, 2018

Via: Finextra

Starling is moving into the banking-as-a-platform space, enabling third party companies to craft their own financial services offerings using the challenger’s banking license and API infrastructure. Starling says the service bundle will enable retailers, brands and fintechs to develop and […]

Business banking, Products

Chase Pay and Samsung Pay partner for retail action

July 30, 2018

Via: Banking Technology

Via the deal, Chase Pay customers are now able to link their accounts to Samsung Pay on Galaxy phones. This opens up Samsung Pay’s magnetic secure transmission (MST) technology, along with NFC, to pay with Chase Pay across US-based partner […]

Products, Retail banking

Navy Federal Credit Union Mobile Usage on Par with Big Banks

July 26, 2018

Via: Bank Innovation

For smaller FIs where “digital transformation” may still mean establishing a mobile app, some are far ahead of their peers. Bank Innovation previously reported on the mobile app user numbers of the country’s biggest banks, and on average 44% of […]