What ‘Digital Investment Advice’ Product Is Northern Trust Building?
When a money manager that controls $1.1 trillion decides to build a new digital product, the effort deserves attention. But ...
Tag: earnings
Green Dot to Launch 2 Account Products, Build Out BaaS Platform
Green Dot, a Pasadena-Calif.-based financial services company with a banking license, is making no secret of its success and broader ...
Venmo’s Instant Cashout Option to Create Revenue for PayPal in 2019
PayPal finally anticipates monetizing Venmo in 2019, nearly six years after acquiring the P2P service. Venmo’s revenue run-rate is over ...
Facebook’s Payments Revenue Soars 42%
Payments revenue at Facebook is up — way up. The company’s “payments and other fees” category banked a record $274 million ...
Apple Pay Helps Bolster Tech Giant’s Services Revenue Gains
Apple’s mobile payment service Apple Pay helped the company’s services business revenue grow 19% year-over-year to reach an all-time high ...
Bank Execs Optimistic Tech Spend Will Yield Cost Savings, Eventually
Executives at the four big U.S. banks seem to be optimistic their technology and innovation investments will pay off in ...
Will Digital Technology Save Citi More Than $1 Billion Over the Next 3 Years?
Citigroup CEO Michael Corbat touted roughly $200 million in cost savings the bank found in 2018 by going digital and ...
At Citigroup, Mobile User Growth Outshines Online Activity by Nearly 3x
Mobile and digital users grew at Citigroup last quarter, with mobile growth outpacing overall digital growth, the bank reported today. The ...
Western Union Touts Strong Digital Growth, Amazon Partnership in 3Q Earnings
“Advancing digital expansion” was at the top of Western Union’s overview of strategic initiatives in the company’s 3Q18 earnings report, ...
JPMorgan Chase Widens Lead as Mobile Banking Leader
JPMorgan Chase & Co. saw steady increases in active mobile and digital users, according to its 3Q18 earnings report released Friday. ...
