Are black millennials a blind spot for fintech firms?
Startups such as BREAUX Capital are trying to reach consumers historically underserved and underrepresented in financial services. ... Read full article
Startups such as BREAUX Capital are trying to reach consumers historically underserved and underrepresented in financial services. ... Read full article
In focus testing for its digital-only app, Finn, Chase learned users wanted a standalone brand that still offered some traditional features, such as paper checks. ... Read full article
What does holistic digital transformation look like? Tim Spence is busy figuring that out. ... Read full article
Comprehensive analysis of the banking industry's first big legislative victory since the crisis; lawsuits target banks with websites in violation of the Americans with Disabilities Act; what a homegrown app for millennials has to teach Wells Fargo; ... Read full article
The bank found that mixing personal finance management with positive reinforcement allowed them to appeal to younger customers. ... Read full article
Envestnet's aggregator rolls out PFM features meant to appeal to younger clients — and links to Alexa. ... Read full article
There's no reason that today's millennial-friendly microinvesting apps can't switch focus from spare change to real assets, industry executives warn. ... Read full article
Nymbus is offering its bank clients a service to create a digital brand under their existing charter in as little as 90 days. ... Read full article
BMO Wealth Management aims to modernize its investment service and give advisers better equipment. Others offering automated advice solutions include UBS, Wells Fargo and JPMorgan. ... Read full article
Which industries have the highest prevalence of unwanted sexual conduct in the workplace? Will the #MeToo movement have a lasting impact? Key findings from a SourceMedia survey. ... Read full article
Offering simple financial guidance is a great way for community banks to connect with younger consumers. ... Read full article
Small institutions need to rethink their approach to younger employees, giving them more opportunities and responsibilities — and borrowing from their digital know-how. ... Read full article
One fintech has a new twist on gamification — tie savings contributions to achievement in the most popular games. ... Read full article
Shortly after taking the job, Federal Reserve Chairman Jerome Powell highlighted the need to communicate monetary policy better. He could learn a thing or two from central bank with the most Twitter followers. ... Read full article
To attract new customers, banks are getting rid of the paper-based payments process between builders and subcontractors. ... Read full article
Quicken Loans, Citizens Bank and Better Mortgage are refinancing loans using Airbnb income as part of a pilot project with Fannie Mae. ... Read full article
Digital alerts for clients aren't new, but they can still provide small banks a platform to reach new markets and appeal to younger clients. ... Read full article
Executives point out while they are fixing the online lender's very public problems, loan originations are still in the billions and it has expanded into wealth management. ... Read full article
Millennials are more bank-savvy than they’re given credit for, according to a new survey of 1,500 sponsored by Bank of America. ... Read full article
NewDominion Bank and M&F Bank are among the institutions willing to leave the industry's comfort zone to reach younger prospects. ... Read full article