N26 prides itself on its smooth interface and user friendly features like saving by category and tracking expenditures by category. Will that be enough in the U.S. #market where other #mobile providers already offer similar features?
Financial Technology
#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.
Financial Technology
#Real-time #payments aren’t just faster, they make demands on bank infrastructure and fraud detection.
Financial Technology
It might not look like it, but Americans are moving to real-time person-to-person #payments, largely from their mobile phones.
Financial Technology
N26 plans to build on its success in Europe to come to the U.S. — it will be one of the better funded challenger #banks to enter the American market.
Financial Technology
The move toward real-time #payments in the U.S. has been slow because regulators have not mandated that #banks go real-time.
Financial Technology
Countries with centralized #FinTech #regulation can provide more support to innovative firms than the U.S. with its fragemented governance.
Financial Technology
#Digital #banks may be sprouting up all over the banking world, but don’t look for one from U.S. #Bank. On this morning&8217;s earnings call, CEO Andy Cecere noted the bank was looking to #expand beyond its current 25-state branch footprint, which covers the Midwest and the western U.S. The bank is national in terms of […]
Bank Innovation
#Consumers want to engage with #banks on an omnichannel level, and right now, the mobile channel seems to be the #most popular. The percentage of “mobile-dominate” customers, who prefer to bank from their smartphones, has increased from 10% to 15% of consumers YoY, according to a June 2018 report published by Price Waters Cooper. Mobile […]
Bank Innovation
Should #fintech companies with #banking ambition get a #license or partner with a bank for one? This is an important distinction for a challenger bank, almost an existential question. Berlin, Germany-based challenger bank N26, which has a banking license in Europe, has decided to go with the partnership route for the license in the U.S., […]
Bank Innovation
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