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Essential Fintech Reading: July 16-22

By Jeff Meredith on Jul 22, 2016 5:51:53 PM

Bank of America Mobile App Redesign Brings Enhanced Functionality

Deon Roberts of the Charlotte Observer reports that Bank of America has redesigned its mobile app, providing a Spanish language option, allowing customers to redeem credit card rewards and view their credit scores. “We want to be where our customers are, which is why we are proud to deliver these new features that provide increased convenience to our 20 million active mobile users,” said Michelle Moore, head of digital banking. Bank of America said its number of active mobile banking users grew 15 percent in the last year. Mobile transactions cost the bank one-tenth of what it would cost to conduct them in a branch.

Topics: fintech
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Essential Fintech Reading: July 9-15

By Jon Ogden on Jul 15, 2016 11:28:10 AM

Topics: fintech
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Essential Fintech Reading: July 2-8

By Jeff Meredith on Jul 8, 2016 5:00:46 PM

Mobile Banking Capability Lures Small Businesses To Mega-Banks

The demand for mobile banking solutions is rising among small businesses according to new data released by Raddon Financial Group. 52 percent of SMEs surveyed by Raddon indicated that they rely on mobile banking platforms to manage and access their accounts, a number that rises to 68 percent among millennial SME owners.

Topics: fintech
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Essential Fintech Reading: June 11-17

By Jeff Meredith on Jun 17, 2016 5:41:17 PM

Digital Revolution Drives More Job Cuts At Bank Of America

Topics: fintech
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What makes for an effective bank + fintech partnership: Interview with Radius Bank

By Jon Ogden on May 5, 2016 11:41:14 AM

This week we talked to Chris Tremont, EVP of Virtual Banking at Radius Bank. Chris talked to us about what it’s like to be part of a relatively young bank, how digital has changed banking forever, and what makes for a good fintech partnership.

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How to Woo Your Competitors' Wavering Customers

By Danielle Stratton on Apr 22, 2016 3:43:04 PM

Technology affects nearly every aspect of our lives. Almost everyone has shopped online, found entertainment online, even dated online – shouldn’t the banking industry also be digital? As consumers we expect everything to be available digitally, providing on-the-go access to fit our busy lives. This digital shift is pressuring even slower-moving industries like banking to accommodate.

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Millennials and Moneyhawks Crave Personal Finance Apps and Big Banks Know It

By Jon Ogden on Apr 22, 2016 1:15:45 PM

Last week Novantas, a banking analytics firm, published a 3,000-person survey that demonstrated how personal financial management (PFM) apps are on the rise.

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Combating Cyber Attacks with a Credit Card On/Off Switch

By Eric Dunstan on Apr 22, 2016 1:12:20 PM

eBay is yet another giant consumer brand that has fallen victim to a cyber attack. Like many of us, I raced to change my password when I heard the news break early Wednesday morning. Of course the news media and many eBay users assumed the worst had happened and that personal and financial information had been breached. Fortunately, the attack was limited to a corporate network and only a small amount of employee login credentials were breached. eBay’s PayPal business unit did not show evidence of user personal or financial information being exposed. Phew.

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Marc Andreessen, Ron Shevlin, and Innovation: How Banks Can Best Adapt in the Digital Age

By Jon Ogden on Apr 22, 2016 1:11:16 PM

Andreessen's Twitterstorm

The recent twitterstorm from Marc Andreessen outlines why timing is so crucial to the success of startups. He says that startups typically overestimate the importance of being first to market and that being too early can be a bigger risk than being too late. In fact, Andreessen goes so far as to say that the moment when a startup worries that they’ve missed the window of opportunity might be the sign that the timing is just right.

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White Paper: 7 Tips to Lead the Digital Banking Revolution

By Jon Ogden on Apr 22, 2016 11:42:23 AM

We’re excited to announce our first white paper.

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