Post Tagged with: "Capital One"

Capital One Joins Effort to Educate Seniors About Online Banking

Capital One Joins Effort to Educate Seniors About Online Banking

by August 5, 2016 at 10:47 am 2 comments

Banks only care about millennials, right? Not really, though marketing about digital efforts may make it appear that way. Yesterday Capital One, a leader in digital banking, joined OATS (Older Adults Technology Services) in launching‘“Ready, Set, Bank: Online Banking Made Easy,’” an educational tool designed to increase online banking usage among older adults, enabling themRead More

Why Doesn’t Your Bank Know You Use Uber?

Why Doesn’t Your Bank Know You Use Uber?

by July 14, 2016 at 11:26 am 1 comment

Have you ever received a piece of mail from your bank offering something completely irrelevant, like a home loan just months after you’ve bought a house? You’d think this would be a thing of the past with the data banks have access to, but it’s still happening in the digital age.Read More

Realtime Network Grows with Addition of Capital One

Realtime Network Grows with Addition of Capital One

by July 11, 2016 at 11:42 am 1 comment

Capital One will be the fifth bank to go live with realtime peer-to-peer payments on the clearXchange network, it was announced this morning. Capital One 360 customers can currently receive realtime payments from other banks in the network, which now includes Bank of America, JPMorgan Chase, U.S. Bank, and, most recently,Read More

U.S. Bank Removes Fees on Instant P2P Payments

U.S. Bank Removes Fees on Instant P2P Payments

by July 6, 2016 at 5:11 pm 4 comments

U.S. Bank has abruptly reversed course on charging for realtime payments via the clearXChange network. Effective yesterday, U.S. Bank customers can make realtime P2P payments for free, just like the customers at the five other clearXchange member banks. Previously, U.S. Bank charged $6.95 for realtime payments and $2.95 for next-dayRead More

Chase 3rd Bank to Launch Realtime ClearXChange Payments

Chase 3rd Bank to Launch Realtime ClearXChange Payments

by June 14, 2016 at 5:10 pm 3 comments

Three banks are now live with realtime peer-to-peer payments on the ClearXchange network: U.S. Bank, Bank of America, and as of yesterday, JPMorgan Chase. U.S. Bank and Bank of America joined the realtime network in March. P2P payments were realtime within Chase since 2012, but now they are realtime amongRead More

Capital One Will Triple Its Spending on Branch Optimization in 2016

Capital One Will Triple Its Spending on Branch Optimization in 2016

by April 27, 2016 at 11:59 am 0 comments

Capital One is known for being a digital company, and for its celebrity-driven marketing, but it’s also a bank with branches, and those branches need to be updated. CEO Richard Fairbank usually talks about his bank’s digital efforts when he has a good audience, but on yesterday’s earnings call, heRead More

Top 20 Apps: Farewell to Robinhood and Acorns

Top 20 Apps: Farewell to Robinhood and Acorns

by April 21, 2016 at 11:22 am 0 comments

In the second month of Credit Karma’s dynasty, first of its name, lord of our financial hindsight, some significant shifts in app downloads and usage occurred. PayPal was knocked down to fifth place on iOS, close to mirroring its sixth place home on Google Play. Likewise, Wells Fargo Mobile fellRead More

ClearXchange Partners Lagging Bank of America by ‘Months’

ClearXchange Partners Lagging Bank of America by ‘Months’

by April 15, 2016 at 9:48 am 1 comment

Bank of America Corp. needs to wait “a few months” for its clearXchange partners to catch up to it. The megabank’s CEO, Brian Moynihan, said yesterday that clearXchange was “a few more months” from “heavy” marketing of the P2P payments platform. The holdup? The other partners. “We’re up and operatingRead More

Tax Preparation and Investment Apps Rise in Rankings

Tax Preparation and Investment Apps Rise in Rankings

by April 14, 2016 at 10:23 am 0 comments

Credit Karma is still king, but tax preparation apps and investment apps also made a strong showing in this week’s app rankings. This week in the chronicles of apps in the shadow of Credit Karma’s dynasty (first of its name, guardian of credit), some interesting newcomers have joined the top 20 thisRead More

Ally Buys TradeKing to Move into Wealth Management Sector

Ally Buys TradeKing to Move into Wealth Management Sector

by April 6, 2016 at 9:50 am 1 comment

The branchless financial institution Ally Bank is expanding its offerings with the upcoming acquisition of TradeKing, a wealth management platform, announced yesterday. Ally had floated this ambition back in February. Ally has been adding to the functionality of its mobile app at a fast clip recently. Just last month, the bank announced theRead More