Mobile banking

Two Ohio credit unions set to merge by end of October


Members of First Choice Community Credit Union will have access to mobile banking and other products once the institution becomes part of Credit Union of Ohio.


Virtual branch concept making inroads in U.S.


Foreign banks for years have been using technology that folds several communication and information-sharing capabilities into one platform. Now Citigroup and others here are showing interest because of the growing importance of digital in the pandemic.


A debit account that rewards users for shopping at Black businesses


The media company Urban One has launched a new account that includes a prepaid debit card and encourages customers to buy from Black-owned business and lets them donate their cash back to charity.


The Most Powerful Women in Banking 2020: The future of consumer banking


The events of 2020 have only served to accelerate a number of potentially disruptive trends among consumers when it comes to banking and financial services — What does the emerging future of consumer and retail banking now look like?


Fintech partnerships help TD weather the pandemic


Mobile and online banking technologies that the Toronto bank previously rolled out, including a virtual assistant developed by Kasisto and money management tools made by Moven, have become much more popular since the arrival of COVID-19.


JPMorgan Chase launches bank account for kids


Chase First Banking is embedded in the bank's mobile app and has parental controls. It is an example of how banks are trying to attract Generation Z.


USAA sues PNC over mobile check deposit technology


The lawsuit follows two successful USAA suits against Wells Fargo that claimed infringement of patents.


What’s next for Goldman Sachs’s Marcus


Harit Talwar, who is moving from CEO of the digital banking unit to chairman of consumer banking, says Marcus wants to add checking and investment products, embed its offerings in additional high-profile platforms, and grow far beyond its current 5 million customers.


Coronavirus could lead some credit union members to jump ship


The competition has leading-edge technology, but consumers may be looking for more than just bells and whistles when choosing where to do their banking.


Consumers are relying more on finance apps, survey finds


A survey conducted by Harris Poll and commissioned by Plaid found that 60% of U.S. adults are using more apps to manage money since the onset of the pandemic.