Articles by: Diana Asatryan

In Evolution of PFM Apps, Retirement Accounts are Next

In Evolution of PFM Apps, Retirement Accounts are Next

by December 20, 2016 at 12:21 pm 1 comment

Say you managed to teach a millennial to save, what now? Teach them how to start investing. Managed that too? Next step: make them get a retirement account. “There is a big opportunity, and customers are asking for it,” Brandon Krieg, CEO and co-founder of mobile investing platform Stash, toldRead More

Four Starbucks App Features FIs Need to Borrow ASAP

Four Starbucks App Features FIs Need to Borrow ASAP

by December 19, 2016 at 12:56 pm 1 comment

If you followed the seven-hour biennial Starbucks Investor Day conference (as I am sure most of you did) earlier this month, you got an earful of the latest updates in the Starbucks world, including updates to its ingenious mobile app. The app, which now has more than 20 million members,Read More

10 Most Innovative CEOs in Banking 2016, Page 3

10 Most Innovative CEOs in Banking 2016, Page 3

by December 19, 2016 at 12:30 pm 1 comment

8. Tom Blomfield, Monzo In this age of fintech-rules-it-all, nobody (hopefully) needs an explainer on what a neobank is. U.K. specifically has been an epicenter of the mobile-first banks, with Atom Bank, Starling Bank, Tandem Bank and Monzo as the main players. So why single out Monzo? Well, customer retentionRead More

10 Most Innovative CEOs in Banking 2016, Page 2

10 Most Innovative CEOs in Banking 2016, Page 2

by December 19, 2016 at 12:19 pm 1 comment

4. Harit Talwar, Marcus Goldman Sachs has long been known as an enthusiastic investor in fintech (or just tech) startups, with companies like Circle, Cadre, Financeit, Oscar and even Uber. But this year, the company shifted from being a mere investor to joining the fray as a fintech player, announcingRead More

Insto Targets Installment Loans for Large P2P Payments

Insto Targets Installment Loans for Large P2P Payments

by December 15, 2016 at 11:35 am 1 comment

Getting an installment loan for high-value transactions at the point of sale is nothing new. Venmoing (yes, it’s a verb now) a friend for your share of last night’s pizza is not a big deal either. But what if instead of a pizza, you need to pay someone for aRead More

CapOne Tests Voice Tech Applications with Cortana

CapOne Tests Voice Tech Applications with Cortana

by December 14, 2016 at 4:30 pm 1 comment

In the race of adopting voice technology in banking Capital One is certainly taking the lead (with not too many competitors on the horizon, to be fair). Microsoft unveiled the Cortana Skill Kit, a set of tools, which will allow developers to leverage Microsoft bots and create new Cortana implementations, atRead More

Stash Secures $25M Funding, Eyes One Million Customers

Stash Secures $25M Funding, Eyes One Million Customers

by December 14, 2016 at 12:13 pm 1 comment

Small steps, big leaps – be it working out, learning a new language or investing. That’s the inspiration behind Stash, a mobile investing platform that allows users to invest as little as $5 that announced $25 million in Series B funding this morning. The round was led by Valar Ventures, oneRead More

BofA Launches Budgeting Tool, Updates App

BofA Launches Budgeting Tool, Updates App

by December 13, 2016 at 9:35 am 0 comments

Saving is trendy. Consequently, it’s becoming increasingly hard to keep track of all the budgeting and money management startups out there. And FIs are catching on to the trend as well. Bank of America unveiled a money management and financial education tool for mobile and online banking users this morning.Read More

Moven Provides Savings Path for First-Time Savers

Moven Provides Savings Path for First-Time Savers

by December 12, 2016 at 11:44 am 1 comment

Confused about how much of your paycheck to stash in your savings account? The three-to-six months-worth of expenses rule may not be the most optimal solution anymore. So, mobile-first Moven came up with its own solution to provide customers with a personalized savings path. The new feature, Moven Smart Savings account,Read More

Key to Mobile Wallet Adoption: Partnerships, According to Chase

Key to Mobile Wallet Adoption: Partnerships, According to Chase

by December 9, 2016 at 10:49 am 0 comments

Despite the rapid rollout by many large FIs and retailers, mobile wallet adoption among customers hasn’t gained much traction. So players like JPMorgan Chase chose a different strategy: partner with retailers and tech companies – rather than stand on their own – and appeal to merchants as much as toRead More