News Topic: Mobile banking

Small banks and credit unions are searching for a high-tech edge over big-name financial institutions, and Amy Gililland at the technology firm Kasasa says it’s a goal that is within sight. ... Read full article

At this year’s Swift Business Forum in New York, executives said banks can build "more intelligent routing" to speed up payments and reduce the cost of processing and delivery. ... Read full article

Some are relying on a national, digital strategy. Others say the right balance of costs and growth comes from more traditional means such as targeted branch openings and out-of-market expansion. ... Read full article

A family-owned community bank in Oklahoma is testing a Spotify-like service by fintech Meen that allows customers to pay $9.95 a month to obtain digital banking services. ... Read full article

A community bank in Pennsylvania made up its own holiday of sorts — including a product demonstration and a 1982 DeLorean reminiscent of "Back to the Future" — to encourage bank customers to try out new fintech features. ... Read full article

Minal Hasan, a lawyer turned prominent fintech venture capitalist, has strong views on founder dramas, cryptocurrency, and why banks need to step up their technology game. ... Read full article

Online maintenance caused the outage, the second time this year a glitch has caused problems for TD customers. ... Read full article

Financial institutions need to ask more direct questions about when — if ever — their existing customers like to use mobile banking and when they want human help. ... Read full article

It’s great for bragging rights, but when banks make large investments in technology they run the risk of irritating investors who think they’re spending too much money for too little payback. ... Read full article

Thibault Fulconis recently became CFO of the digital banking venture Varo Money, which has applied for a national bank charter. ... Read full article

Happy Money and Arcus have joined a pack of fintechs and online lenders urging customers to forego expensive credit card debt, in this case calling it a "sad spend." ... Read full article

The company’s first COO, Vishwas Prabhakara, is hoping to help the automated savings app startup build scale. ... Read full article

Chief Design Officer Meriah Garrett provides a look at the bank's efforts to make mobile app and website design more user-friendly. ... Read full article

Vendors keep merging, and new ones keep forming. For banks, the change brings access to more options, but shorter relationships. ... Read full article

Small banks are being warned to slow down mobile tool development and check vendor arrangements, as researchers repeatedly find vulnerabilities that can be exploited by cybercriminals. ... Read full article

Bank of America Merrill Lynch has launched a mobile application to support commercial prepaid card programs and their cardholders. ... Read full article

About 15% of Walmart’s workforce is budgeting and taking pay advances through the app. ... Read full article

The Fort Worth, Texas, company will be competing in a segment of the U.S. card market that has grown more competitive in the last few years. ... Read full article