BlackRock's savings app gambit: Build it, or millennials won't come
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
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
The Michigan bank hopes conversational technology can get customers to talk more freely about their financial health. ... Read full article
Consumers around the world are increasingly accessing banking solely through digital means, according to new global studies by Oracle and the World Bank. ... Read full article
While the banking industry is divided on the use of conversational technology, the San Francisco company believes chatbots can make it easier for customers to discuss their finances. ... Read full article
One fintech has a new twist on gamification — tie savings contributions to achievement in the most popular games. ... Read full article
Relying on data such as income, location and spending habits, bank apps are delivering customized financial advice and tips relevant to the consumer, such as details about local events. ... Read full article
The internet giant, SunTrust, Ally and other backers have invested $16 million in a new funding round for Greenlight Financial Technology, further blurring the lines between banks and tech companies. ... Read full article
The bank joins a small group of companies that believe short-term forecasts will ultimately help customers build healthier financial lives. ... Read full article
Goldman Sachs is in discussions to acquire the personal finance startup Clarity Money, with plans to fold it into its Marcus online lender, according to people familiar with the matter. ... Read full article
Digit, which launched as an automated savings app in 2015, has decided chatbots are a flawed interface. Now it’s redesigning its popular app to reflect its new vision. ... Read full article
The pioneering brand re-enters a market where fintechs now account for over 30% of personal loan originations. ... Read full article
Banks are increasingly investing in technology that will enable them to deliver highly personal and customized communications with customers. ... Read full article
The New York company, which offers loans and provides personal finance advice, plans to expand its product line and invest in new technology with the funds. ... Read full article
Helping young employees pay down student debt is a more meaningful benefit than pingpong tables at work or free beer. ... Read full article
Banks plan to spend more on blockchain and AI in the coming year, and appear willing to explore new technology partnerships. ... Read full article
It was a good year for CIT’s Ellen Alemany and JPM’s Sandie O’Connor, but Arjuna Capital’s Natasha Lamb hopes next year will be better. Mary Mack gets a bigger role at Wells Fargo, and Zoe Cruz gets a new one at Ripple. Plus, is Harvey Weinstein really ... Read full article
Assemble allows Mastercard partners or issuers to provide checking, budgeting and payment features, as well as additional money management. ... Read full article
With millions of Alexa and Google Home devices now in use, first-mover banks are rapidly developing services to let customers control their finances using only their voice — even if there are still many kinks to work out. ... Read full article
Only a few banks have so far integrated with Amazon’s personal voice assistant service. ... Read full article
Adding retirement accounts broadens the app's offerings to millennial clients. ... Read full article