What was most interesting at the ranking of Top 10 online banks released yesterday by GOBankingRates.com, a Bankrate.com challenger, were the companies that did not make the list. That list included some of the more well-known e-banks. So which banks were left off? Try Simple, Bluebird, Moven, GoBank, BankMobile, CapitalOne360 and Tangerine. And, fromRead More
Post Tagged with: "CIT Bank"
CIT Group launched its first mobile banking app last quarter. Yeah, no one else noticed either. CIT Bank, the financial conglomerate’s $16.1 billion online bank, was launched in 2011 to diversify its parent’s funding. Indeed, CIT nearly went bankrupt during the credit crisis when the capital markets all but silenced,Read More
Online banking is booming for CIT Bank. The financial services company yesterday reported that it had secured $11.1 billion in new deposits last quarter, of which $6 million, or 54%, came through the online channel. During the same quarter in 2012, but 20% of CIT Bank’s deposits came from itsRead More
Banks’ telephone customer has a long way to go, but Jack Henry & Associates is apparently trying to do something about that. The banking technology company plans to offer banks a service later this year that would have Jack Henry actually answering customer calls for consumers, Bank Innovation has learned.Read More