Cards

GoBank Sets Growth Rate Target of 1 Million Customers

GoBank Sets Growth Rate Target of 1 Million Customers

by January 30, 2015 at 11:17 am 0 comments

Green Dot is looking to leverage its prepaid user base to drive customer acquisition at GoBank, its mobile-first bank account in 2015, to the turn of an internal target of 1 million new banking customers annually. This strategy turns the traditional banking model precisely on its head, but what would you expectRead More

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

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

Phablets to Become Dominant Mobile Banking Device by 2020, C&G Says

Phablets to Become Dominant Mobile Banking Device by 2020, C&G Says

by January 27, 2015 at 10:01 am 1 comment

Phablets could dominate mobile banking within five years. Tablet use, on the other hand, will decline. That’s according to research released today from the financial consultancy Carlisle & Gallagher. C&G says that Americans are increasingly performing digital banking transactions interchangeably across laptops, tablets, and smartphones, including the growing category ofRead 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

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

Google’s Plan to Catch Up with Apple Pay — Softcard?

Google’s Plan to Catch Up with Apple Pay — Softcard?

by January 20, 2015 at 11:53 am 0 comments

News broke last week that Softcard, formerly known as Isis, may have a suitor in mobile wallet competitor Google. What would be the price tag, considering the hundreds of millions — perhaps even billions — of dollars telcos poured into Isis/Softcard over the past five years? Try $50 to $100Read 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

Moven Gives Bank Innovation an Exclusive Look at Its Bet on Wearables

Moven Gives Bank Innovation an Exclusive Look at Its Bet on Wearables

by January 13, 2015 at 10:12 am 3 comments

The bank account in your pocket can now be a bank account on your wrist. Bank Innovation got a sneak peak at the newest “watch bank,” developed by Moven, during a recent visit to the startup’s New York offices. And we were impressed. According to a recent survey of 170,000 internet users fromRead More