Articles by: JJ Hornblass

Financial Services Super Bowl Ads Touch Down (Sorry)

Financial Services Super Bowl Ads Touch Down (Sorry)

by January 29, 2015 at 11:51 am 0 comments

Blue 56 … Omaha … Set, hut. And the great Super Advertising Bowl is underway. Financials services marketers don’t generally view the Super Bowl in the same must-advertise way as, say, beer makers, but there are still some industry companies that will spend the $4.5 million to hawk their wares during theRead More

Bank Spending Trends Show Why There Is Little Room for Innovation

Bank Spending Trends Show Why There Is Little Room for Innovation

by January 29, 2015 at 10:26 am 1 comment

Are banks cutting or expanding their expense spending? This is an important question because, invariably, innovation spending comes from an expansion of expenses. In other words, fewer expenses might mean less innovation. The answer is  not good for the banking innovation sector. According to an interesting analysis from Sterne Agee, aRead More

Facebook Payments Continues to Plod Along

Facebook Payments Continues to Plod Along

by January 28, 2015 at 5:15 pm 0 comments

Facebook turned in ho-hum payments performance last quarter, even as it was the first quarter with payments wonk David Marcus under employment. Facebook produced $257 million of payments revenue, a 7% increase on a year-over-year basis. Now, that might look like respectable performance — until you compare it with theRead More

Apple Pay Available in an Estimated 652,000 Locations

Apple Pay Available in an Estimated 652,000 Locations

by January 28, 2015 at 11:33 am 1 comment

Apple Pay was launched last October and is now available in — brace yourself — approximately 652,000 North American locations, according to an estimate made public yesterday. Brian Roemmele, arguably one of the more well-versed payments experts in the nation, indicated that he made the estimate based on some difficult legwork,Read More

The Secret Wearable Watch Use Case [VIDEO]

by January 26, 2015 at 10:28 am 2 comments

Intuit, purveyor of QuickBooks and Mint, among many other ventures, quietly released its vision for a banking-enabled watch a few weeks ago. How quietly? Try the video that demos its vision from its Intuit Labs skunk-works unit had 25, yes 25, views as of this morning. That the demo video features noneRead More

Bill Gates Explains Why Worldwide Mobile Banking Is a Worthy Goal [VIDEO]

by January 23, 2015 at 2:38 pm 2 comments

What’s on Bill and Melinda Gates’ new long-term, 15-year roadmap for the challenges that they want to solve? Well, advancing mobile banking for one. In this video, Bill Gates explains why.

Cap One’s Warning: ‘Near-Term’ Digital Investment Is ‘a Negative Trade’

Cap One’s Warning: ‘Near-Term’ Digital Investment Is ‘a Negative Trade’

by January 23, 2015 at 11:10 am 2 comments

No one would accuse Capital One Financial Corp. of skimping on its innovation efforts and budget. Cap One was one of the first banks to start a lab, was essentially founded as a technology-first company, and continues to push the innovation envelope. So when Richard Fairbanks, the chairman, president andRead More

Starbucks Confirms Nationwide Roll Out of ‘Mobile Order & Pay’ in 2015

Starbucks Confirms Nationwide Roll Out of ‘Mobile Order & Pay’ in 2015

by January 23, 2015 at 11:01 am 1 comment

Starbucks will roll out its Mobile Order and Pay service nationwide this year, the company announced yesterday. Starbucks started the program last month, but has greenlighted its rollout into more than 600 stores in the Pacific Northwest “in the months ahead.” Its full nationwide rollout will take place before yearend.Read More

4 Screenshots From Ally’s New Online Banking Platform

4 Screenshots From Ally’s New Online Banking Platform

by January 22, 2015 at 11:56 am 0 comments

Ally Bank announced today that it has launched a redesign on its online banking platform. Ally has around 910,000 banking customers and about half of them use its online banking service. Most Ally customers use both online and mobile banking, according to the bank, but 40% of the total logins in aRead More

Zions to Be the 40th Apple Pay Partner

Zions to Be the 40th Apple Pay Partner

by January 20, 2015 at 10:12 am 1 comment

Zions Bank, the Salt Lake City-based regional bank, reportedly will add Apple Pay capabilities this week. Should the capabilities be added, Zions would be the 40th financial institution to sign on to Apple Pay. Zions, which does business in 11 states in the West and Southwest, made the disclosure inRead More

Wells Fargo Leaks Its Ambitious Mobile Skunk Works

Wells Fargo Leaks Its Ambitious Mobile Skunk Works

by January 15, 2015 at 10:18 am 1 comment

What’s next from Wells Fargo & Co.’s mobile channel? Here are the internal projects Wells is investing in now, courtesy of none other than John Shewsberry, the megabank’s chief financial officer: Wells is building an appointment application that will allow its customers to set up meetings with Wells bankers usingRead More