Tag: mobile banking

March 25, 2024

Founded in 2020, the start-up has three co-founders: Smeetha Ghosh (CEO), Brad Whittfield (CFO), and Gups Jutla (COO). Cashee describes itself as “a banking and financial education platform” and says it’s “empowering youth to create better money habits”. Once launched, […]

January 11, 2024

The bank has adopted the Apiture digital banking platform to expand its presence beyond its current communication channels of branch and telephone-based banking, in line with the growing customer preference for digital banking options. Apiture’s cloud-based platform includes five different […]

November 21, 2023

In the dynamic landscape of financial technology, mobile banking has emerged as a transformative force, revolutionizing the way individuals manage their finances. The evolution of mobile banking is a testament to the relentless pursuit of convenience and efficiency in the […]

May 29, 2023

The combination of higher interest rates and technology means that banks with robust mobile banking capabilities have also seen more deposit runoffs — even before the spring banking crisis — according to researchers from Columbia University, the University of Chicago […]

October 13, 2022

“Can Fintech change how traditional banks function?” “What effects will it have on the global economy in the long run?” “Can Fintech match the stability and reliability of traditional banking systems?” Most people have these questions when they first hear […]

September 20, 2022

The fresh funding brings the total capital raised by Monese to $208 million and will be used to grow its cloud-based Platform-as-a-Service (PaaS) business. Last year, Monese launched its PaaS business in a strategic partnership with Investec, which saw the […]

February 18, 2022

The app, launched on 20 January 2022, includes a spending account with a debit card, a connected savings account that allows for specific budgeting goals, early paycheque availability and overdraft protection. Galileo CEO Derek White says consumers are embracing digital […]

November 30, 2021

The pandemic has sped up today’s digital landscape as more people complete everyday tasks online. For that reason, companies must understand the importance of digital accessibility. A lack of website accessibility can cause major problems for many that often go […]

October 26, 2021

The ABA survey found 33% of bank customers said mobile apps were their preferred banking channel before the pandemic pandemic, compared with 44% since. “Digital banking was on the rise long before COVID-19, but the growth in mobile app use […]

June 14, 2021

J.D. Power’s study measured overall satisfaction with banking and credit card digital channels based on navigation, speed, visual appeal and information and content. The study, which was conducted in March and April, is based on responses from 17,011 retail bank […]

May 12, 2021

The three firms are Wisconsin-based Fort Community Credit Union, Alltrust Credit Union in Massachsetts, and Mississippi-based Statewide Federal Credit Union. Combined, the credit unions hold $760 million in assets and hold more than 57,000 members. All three are installing Bankjoy’s […]

March 22, 2021

The neobank, underpinned via a partnership with Coastal Community Bank, aims to offer new arrivals both debit and credit accounts. It says users do not need to have a social security number and can use its services to build up […]

January 6, 2021

Mobile consumer trends have touched new heights with the outbreak of Covid-19 which has disrupted the global economy like no other with the trendline dipping with uncertainty. This disruption has given an opportunity to a lot of companies to increase […]

May 29, 2020

Welcome Technologies is a for benefit corporation that has spent the last decade providing immigrants with health, education and legal support. Now, working with Green Dot, it is introducing PODERcard, an account and Visa card that aims to help close […]

May 27, 2020

Digital banking isn’t new, but with the coronavirus pandemic, young and old Americans suddenly flocked to online and mobile banking en masse. The sudden uptick in online and mobile traffic even created outages. Among those affected: online platforms for U.S. […]

February 3, 2020

The Department of Finance Canada set up an Advisory Committee on Open Banking in 2018 to investigate whether the country should follow the UK in making it easier for people to let third party financial services providers access their banking […]

January 3, 2020

Customers took to social media apps from around 4am on New Year’s Day to rail against the outage, particularly because many direct debits are due on Thursday. One customer complained that Lloyds was “taking the ‘bank holiday’ a little too […]

November 25, 2019

Generation Z (or Gen Z), the demographic cohort following the Millennials, presents a new breed of customers for financial institutions. Born after 1995, Gen Z is the first generation to be born and raised with YouTube, Instagram and Netflix. Unlike […]

August 21, 2019

With most banking activity taking place on mobile, banks must innovate in order to deliver the full customer experience straight to customers’ fingertips. With more people using their phones to access banking services, banks cannot afford to miss out on […]

August 13, 2019

Tandem customers will be given the opportunity to sign up to be part of a new group of co-creators and the bank will feed their input into the design phase of the mortgage, serving the consumer directly. The crowd-designed mortgage […]