News Topic: Online banking
Search Results
'We want to be digital to the core': how DBS tries to imitate Amazon
‘Fintechs in the crosshairs’: Lenders deploy fairness testing software
Walmart, Green Dot convert MoneyCard to a deposit account
Why bill pay still matters for credit unions
Citi tests long-term viability of video banking
Though most bank customers expect to return to calling or meeting in person with their bankers when the pandemic is over, Citigroup is gauging how much business it can keep in the videoconferencing channel. ... Read full article
SoFi launches social network for investors
Clients of the challenger bank's robo-adviser are able to see one another's trades, add comments and watch a leaderboard of top investors. ... Read full article
CUNA unloads .creditunion domain
Ownership will transfer to DotCoop, which has committed to continuing to develop the domain for industry use. ... Read full article
Bank of America's patent machine keeps rolling
BofA, which has applied for or been granted thousands of patents, has been working recently on technologies that analyze spending patterns to give budgeting advice and use augmented reality to provide estate-planning services. ... Read full article
Lure of shared branching fading for some credit unions
Members are completing more of their banking online than ever before, forcing many institutions to rethink their strategies for physical locations. ... Read full article
The questions credit unions must ask when choosing technology vendors
Institutions considering new technologies must ask themselves what they're looking for not just from a product but from a partner. ... Read full article
Are banks prepared for employees to work off-site indefinitely?
Many will need to ramp up security protocols and reconsider which services require a high-tech versus human touch. ... Read full article
Brokered deposit law is woefully outdated
As more consumers do business online, some deposits are being unfairly categorized as brokered, inviting burdensome regulatory scrutiny. ... Read full article
Google teams with more banks in offering digital accounts
Five banks, including BBVA USA and BMO Harris Bank, and one credit union will begin offering Google-branded bank accounts in 2021. ... Read full article
Kabbage launches checking account for small businesses
The online lender has already branched out into facilitating payments and analyzing cash flow for small-business customers. Its new checking account is meant to round out those services. ... Read full article
CFPB’s (correct) decision to rescind payday limits comes at right time
Consumers now have more control over their own financial decisions and loan options. ... Read full article
With virus hastening online push, does Amazon-like future await banks?
Ezequiel Szafir, CEO of Banco Santander's digital-only Openbank, sees banks of the future looking increasingly like Amazon.com — with online storefronts for financial products. ... Read full article
Kabbage lets Uber drivers apply for PPP loans from their phones
The online lender quickly built an app for ride-share drivers with much of their information already filled in. ... Read full article
Goldman's mixed message; Fannie and Freddie have a tall order
COO says bank is on track to meet growth targets but expects more consumer lending losses; the mortgage agencies’ ability to raise $240 billion in capital before going private won’t be easy. ... Read full article
Digital banking is surging during the pandemic. Will it last?
Use of banks' mobile apps and websites has risen about a third since the coronavirus crisis began, according to J.D. Power. ... Read full article