Simple

What banks, fintechs can learn from Simple’s rise and sudden death

01/11/21

BBVA’s acquisition of Simple, the first neobank, was closely watched as a possible model for others in the industry. But the shutdown last week of Simple has again stirred a debate about whether upstarts and traditional players can ever fit together.

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BBVA USA shuts down neobank Simple

01/07/21

The decision to shutter the digital bank comes just weeks after BBVA USA announced it was selling itself to PNC Financial Services Group for $11.6 billion.

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Bank budgeting apps tell story of the pandemic’s impact on consumers

06/19/20

With money flow suddenly stifled for millions of customers, demand for money management tools has skyrocketed.

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Simple drops e-billing, and gets heat from consumers

05/24/19

The digital banking provider Simple has been part of BBVA for five years, and its reputation as an easy way to handle and transfer digital money has only grown in that time frame through the addition of faster payments and P2P services.

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Simple’s new CEO brings Amazon chops to banking

02/01/19

Among David Hijirida's lessons learned at the online giant: Companies are often so focused on competitors that they neglect their own customers.

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Bank of America, CIT Group and BBVA: Bankers on the move

12/10/18

Several banks saw significant changes in leadership as the year comes to a close.

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Can an exec from Amazon reboot Simple?

11/14/18

The online-only bank hopes new leadership can help it overcome its rocky past three years.

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No room for rate chasers: Online banks try new pricing strategies

10/10/18

CIT Bank and Simple recently started offering higher yields on the condition that customers make regular contributions to savings. The offers are designed to help the banks avoid rate wars, but some analysts question whether they will appeal to enough consumers.

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Simple's founder launches platform to help crypto app developers sidestep banks

10/03/18

Shamir Karkal said his startup will allow fintechs to develop ACH processing for their companies without having to partner with banks.

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When it comes to emojis, banks just ¯\_(ツ)_/¯

03/29/18

Customers are sprinkling symbols into their texts, and it's a challenge for banks to fine-tune systems to support the use of the cartoon code in communications.

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