Real-Time Payments Aren’t Just Faster, They Are Change Agents
Real-time #payments may finally reduce the business use of checks, and #they will cut manual processing for reconciliation.
Financial Technology
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Banks Have Got A Reputation, But They Can Improve It
Despite all the noise #they make about customer centricity, #banks appear to be missing out on engagement with customers, maybe because they are afraid to invite public comment, says Joe Fuca, CEO of #Reputation.com. Only through active engaging can they generate positive comments.
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Banks Are Second, Or Third, Choice For IT Grads, So They Have To Work Harder
#Banks, which used to have it easy on campus career days, now have to market themselves to the top IT #grads, many of whom would rather #work for a tech firm or a startup than for a long-established bank like Northern Trust.
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BankMobile Grows Through Partnership Marketing
Challenger #banks have to battle inertia to persuade people to switch banks. #BankMobile uses partnerships with colleges and universities and T-Mobile to acquire new customers at scale.
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Green Dot Banking Services Are Available At 100,000 Outlets In The U.S.
#Green Dot uses its #banking license GoBank and provides banking #services including refunds for tax preparers, Visa debit cards for Uber drivers, and savings accounts for investment firms including STASH and WealthFront.
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Walmart Offers Even.com To Improve Employee Financial Health
#Even.com can provide a way to tap into earned pay ahead of the regular payday, but its core value is making it likely people are spending within their means.
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World Council Of Credit Unions Helps Develop Technology In Asia And Africa
The #World #Council of #Credit #Unions #helps #develop new #technology, like mobile banking, that credit unions need but cant afford to develop on their own.
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Trulioo Brings Stripe-Like Code Simplicity To Developers Who Need ID Verification
#Trulioo offers a snippet of #code that #developers can add to web sites or onboarding functions to link into the company’s #verification of individual and business identities.
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In The Face Of Growing Fraud Threats, Finance Firms Should Look At Managed Security
#Security #threats continue to expand in financial services and #banks, insurance companies and securities #firms #should #look at #managed security for better protection, says Accenture.
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Varo Money Builds A No-Fee, High Interest Paying Bank On New Technology
#Varo #Money offers smart savings help with AI and machine learning, and it is applying to become a national #bank rather than work through a bankers bank as Simple did, before it was acquired by BBVA, and as Moven still does.
Financial Technology
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