Third-party service issue delays BankMobile relaunch
The delay has analysts worried that Customers Bancorp will also postpone the sale of BankMobile, which was slated to take place during the first quarter. ... Read full article
The delay has analysts worried that Customers Bancorp will also postpone the sale of BankMobile, which was slated to take place during the first quarter. ... Read full article
Arkadi Kuhlmann, the founder and CEO of the neobank Zenbanx who pioneered branchless banking at ING Direct, explains why he stopped pursuing a bank charter and made a deal with Social Finance. ... Read full article
The acquisition should allow the San Francisco-based online lender to fulfill a long-standing goal: offering a deposit account to its young, upwardly mobile customers. ... Read full article
Customers Bancorp says it expects to announce a deal to divest its BankMobile unit within 60 days. It could be an attractive target for a bank with strong loan demand. ... Read full article
Connected cars are going to create new revenue streams, not just for automakers, but also for financial services providers. ... Read full article
From frictionless payments to improved underwriting models, connected cars will rewrite the rules for how and where banks interact with their customers. ... Read full article
BMO Harris Bank is providing its customers with a branded P-to-P payment app, continuing a trend of developing mobile payment and banking services. ... Read full article
The Cincinnati bank will be advised by QED Investors on its fintech strategy. ... Read full article
Jim Van Dyke, CEO of futurion, discusses the correlations between mobile deposit features, the ratings of those features, and app adoption. ... Read full article
A consortium of fintech companies have formed a new industry group to advocate for better data sharing via open APIs. ... Read full article
The Office of the Comptroller of the Currency could make the Community Reinvestment Act’s spirit relevant in a digital age so long as it builds the right framework for chartered fintech companies. ... Read full article
The growth of digital channels is changing bank M&A values, forcing buyers to focus less on branches and more on the volume of customer data. ... Read full article
Joint accounts sometimes seem stuck in another era. Heres how to modernize them. ... Read full article