Traditional FIs Should Feel Threatened by Challenger Banks, Report Says
Thanks to a large unbanked population and growing importance of the millennial customer, the digital-first bank business model is spreading...
PayPal Active Accounts Could Further Soar With Walmart Partnership
PayPal has added 9.1 million new active accounts surpassing 254 million net active users in 3Q18. And that number will...
Consumers Would Be Comfortable Using Google or Apple For Taking Out Loans, Survey Finds
Banks need not fear large technology companies like Google or Apple taking their business. Digital banking continues to be the most...
HSBC Bank USA to Launch Roboadvisor
HSBC Bank USA will join the likes of Betterment, and Acorns by stepping into roboadvisor territory. For the task, HSBC...
Virtual Banking Assistants Still Mostly Limited to Simple Transactions
Virtual banking assistants seem to be all the craze lately. Just ask Bank of America, whose Erica crossed 3.5 million users,...
Venmo Hikes Instant Transfer Fee to Cash in on Realtime
Remember when P2P app Venmo added an instant transfer, but then said it would charge a $0.25 flat fee for...
Bank of America Improves in Mobile Users, But Falls Short on Digital Sales Goal
A few months ago, Dean Athanasia, president of consumer & small business at Bank of America, said his goal for...
John McCormick Joins Royal Media to Manage Content Production
John McCormick, a seasoned content executive, has joined Royal Media as Editorial Director. McCormick comes to Royal from SourceMedia, where...
Would Your Customers Switch to the Bank of Amazon?
It's safe to say most of the financial services world is curious to know if and when a "Bank of...
How Bank of America Will Improve Erica, Its Virtual Assistant
Bank of America is proud of its virtual assistant, Erica, which has 3.5 million users and 11 million transactions within three...
