These are the top 5 UK financial institutions ranked by the mobile banking features consumers value most Celsius Network Completes...
While banks might have initially been slow to act when it came to embracing digital strategies they are now able...
2019 was a banner year for mobile banking with finance apps accessed more than one trillion times and registrations growing...
Given the demise of Finn by Chase announced yesterday, American Banker talks with a number of industry insiders to get...
In this episode we talk with the CEO and co-founder of Majority, Magnus Larsson, about the challenges immigrants face when it comes to banking services and how his company has made it a simple and quick process.
ICICI Bank, one of the “Big Four” banks of India introduced banking services on WhatsApp just three months ago; the...
M-Pesa is now in 11 countries, has more than 30 million users and helped to lift thousands of people out of poverty; Business Insider took a trip to Kenya to get a look at how the app works and the effect it has had on the region; 80 percent of mobile banking in Kenya is done through M-Pesa and people use the service for groceries, paying off debts with friends and more. Source.
At LendIt Fintech USA 2019, Boe Hartman, the CTO of Marcus, revealed in a keynote stage interview that Marcus was...
TD Bank has run into a number of issues since updating their online banking and mobile app experiences; customers have had issues accessing their accounts, transferring funds and paying bills; the issues point to a problem among banks as they try to figure out how long new product releases should be tested before releasing to market; the bank has tried to ease customer complaints by responding on social media but that has only made problems worse; with the amount of competition for customers increasing in banking the traditional players will need to better prepare the beta testing phase. Source.
Citi’s mobile app users grew by 21 percent the past year to reach 9 million users; this adoption is a lot slower than peers at Chase, Bank of America and Wells Fargo who see mobile app users over 20 million; Citi’s growth for the past year is higher and their adoption is beginning to increase; Citi was slower to the game of adopting the new digital features but has since started to catch up by launching Citi FinTech; the new unit has helped the company to launch over 800 digital increases in the past year, a 300 percent increase; the company is planning to keep investing heavily in fintech and is optimistic about their future adoption trends. Source.