#Wealth #management has historically been a good source of revenue for #banks, but it carried a significant cost, too. #Smaller banks, with fewer resources, often cannot afford the employees that deliver the revenue. A new #deal announced this week between wealth management firm #Personal Capital and BancAlliance, a network of 200Read More
Bank Innovation
#Wealth #management has historically been a good source of revenue for #banks, but it carried a significant cost, too. #Smaller banks, with fewer resources, often cannot afford the employees that deliver the revenue. A new #deal announced this week between wealth management firm #Personal Capital and BancAlliance, a network of 200Read More
Bank Innovation
Taking a leaf out of leading US consumer #finance player Affirm’s book, listed Australian digital retail finance company #zipMoney (ASX:ZIP) has notified the market it plans to #acquire #personal finance app #Pocketbook. The acquisition will see the app ‘pocket’ AU$ 7.5 million, with $ 6.0 paid upfront and $ 1.5 million deferred, subjectRead More
Bank Innovation
Two months in, #Lenny – millennial-focused mobile #lending app – is ready to hit the market with new budgeting and billpay products. Launched mid-March, Lenny’s goal is to help millennials build credit scores while still in school, with loans up to $ 10,000 and 0% interest (if paid on time). So far,Read More
Bank Innovation
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