Open Banking is a buzzword — among bankers, anyway. Most customers have never heard of it, though they do want access to their #bank account in other products, like the iTunes Store, Amazon, or Mint.com. Ron Shevlin noted on Twitter: I bet if I surveyed consumers and asked “Do you want “#OpenBanking?” a decent % […]
Bank Innovation
EXCLUSIVE – With over 28 million digital customers (online and #mobile) in 2017, it seems only logical that #Wells Fargo is increasing investment in its mobile app. That investment ranges from initiatives of improving the existing mobile experience to incorporating new technologies like biometrics over the course of the year, Ryan Miller, senior vice president, design …Read More
Bank Innovation
Will #Wells #Fargo’s newly launched Commercial Electronic Office (CEO) #Mobile #Token encourage its traditionally paper-focused customers to crossover to mobile? That’s what the San Francisco-based bank is expecting, at least. “With the CEO Mobile Token more and more customers are encouraged to use their mobiles for banking,” Secil Watson, head of digital solutions for business […]
Bank Innovation
#Wells Fargo is bringing #PayPal to the point of sale. The bank’s #mobile #customers will now have the ability to make purchases through the mobile wallet in-store, as well as through mobile and online methods, the bank announced today. #Android Pay announced an agreement with PayPal this morning, which means more #banks should announce PayPal […]
Bank Innovation
#Wells Fargo & Co. is keeping busy on the digital payments front this summer. In late May, the bank announced it will launch a mobile wallet in the coming months. Last week, the bank joined the clearXchange realtime payments network, and will offer instant P2P payments starting August 1. Ahead of theRead More
Bank Innovation
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