EXCLUSIVE- Is the #prepaid card market saturated? Not quite, based on insights Sue Brown, director of prepaid debit advisory service at #Mercator Advisory Group shared with Bank Innovation. “In 2018, we will likely see #fewer #cards, but an increase in dollar loads,” Brown told Bank Innovation. According to a recent Mercator report authored by Brown, […]
Bank Innovation
#Wells #Fargo’s #mobile user numbers are higher than ever—but that’s not thanks to new activity by consumers. According to the retail banking numbers the #banks released today for the month of January, its customers aren’t opening as many accounts—are, in fact, closing #more of them—and aren’t applying for as manyRead More
Bank Innovation
As expected, third-quarter #seed funding dropped sharply in the third quarter in New York’s Silicon Alley. Fintechs were hit particularly hard, but let&8217;s set that aside a moment. The numbers raise an interesting question: Is the venture community trying to cure the indigestion it got by swallowing too many new companies like aRead More
Bank Innovation
Reply