Post Tagged with: "Customers Bank"

BankMobile Seeks College Ambassadors to Spread Education and Awareness

BankMobile Seeks College Ambassadors to Spread Education and Awareness

by August 16, 2016 at 4:14 pm 2 comments

“Start ‘em young” is a motto that can be applied to a lot of things in life, but isn’t often used in tandem with providing financial knowledge. Changing this is the goal behind BankMobile’s second annual BankMobilist College Program, for which applications for the 2016-2017 school year are now open. TheRead More

Coolest Brands 2016: BankMobileThere’s an Emoji for That

Coolest Brands 2016: BankMobile

There’s an Emoji for That

by February 16, 2016 at 8:45 am 3 comments

The other day, BankMobile posted a video of people-on-the-streets-of-New-York getting interviewed about bank fees. “If bank fees were an emoji, what emoji would they be?” the interviewer asks. “The sh** emoji,” one person responds. BankMobile is cool because it is specifically looking to avoid the sh** emoji. The brainchild ofRead More

10 Most Innovative CEOs in Banking 2015, Page 3

10 Most Innovative CEOs in Banking 2015, Page 3

by December 3, 2015 at 11:48 am 1 comment

8. Dan Schulman, PayPal Earlier this year, Carl Icahn, the investor-agitator, got his wish: PayPal was unshackled from former parent company eBay through an initial public offering. Waiting patiently to take the reins was CEO-designee and American Express veteran Dan Schulman. Schulman immediately addressed PayPal’s opportunities rather than its challenges,Read More

BankMobile Takes Aim at Investing with Robinhood Deal

BankMobile Takes Aim at Investing with Robinhood Deal

by December 2, 2015 at 12:16 pm 0 comments

BankMobile is aiming to help its millennial customers start investing via an upcoming partnership with free stock-trading service Robinhood. The mobile-first arm of Phoenixville, Pa.-based Customers Bank, BankMobile is just under a year old but has already made its name a byword for innovation and experimentation. The company does a greatRead More

BankMobile Announces Shocking Target of 1 Billion Users

BankMobile Announces Shocking Target of 1 Billion Users

by November 12, 2015 at 12:00 pm 2 comments

TEL AVIV — BankMobile wants 1 billion users. Yes, that’s “billion” with a B. This bold pronouncement was made at Bank Innovation Israel here yesterday. Reaching the user goal would mean BankMobile expanding outside the U.S. to Latin America, India, China — well, to everywhere. BankMobile launched last January. The ambitions of the father-daughter teamRead More

OnDeck Reports Little Value from Online Aggregators

OnDeck Reports Little Value from Online Aggregators

by November 4, 2015 at 11:09 am 0 comments

Historically — and by “historically” I mean since the early 2000s — aggregators have largely fueled online lending. But something seems to be happening in the online lending aggregation space, or at least aggregation of small business lending. Yesterday, OnDeck Capital reported its third quarter earnings (+67% YOY originations growth), andRead More

Why BankMobile Launched a Technology Company

Why BankMobile Launched a Technology Company

by August 26, 2015 at 11:36 am 0 comments

BankMobile can truly say it is more than just a bank — it’s a technology company, too. It’s a common refrain across many industries to say your company is a technology company first and a bank/phone company/ice cream store/whatever second. But a few banks are taking this a step further and using theirRead More

Banking Calendar Wins BankMobile Contest [VIDEO]

Banking Calendar Wins BankMobile Contest [VIDEO]

by June 16, 2015 at 10:58 am 2 comments

BankMobile, the mobile bank brand from Customers Bank, launched a contest in March offering $5,000 for the best new banking idea. Called “Build Your Own Bank,” the contest drew hundreds of entries from BankMobile customers, and earlier this month, the winning idea was announced. A young woman named Stephanie Hallgarth won theRead More

BankMobile to Open ‘Franchises’ on College Campuses

BankMobile to Open ‘Franchises’ on College Campuses

by May 26, 2015 at 10:43 am 4 comments

No, BankMobile, the mobile-only bank targeting millennials, is not opening any branches. It’s doing something much more interesting. The bank, a brand of Customers Bank, a $6.8 billion institution based in Wyomissing, Pa., has already begun an intensive initiative this spring and summer to attract college students to the brand, Chief Strategy Officer Luvleen SidhuRead More

BankMobile Offers ‘VIP Experience’ to Lure Millennials

BankMobile Offers ‘VIP Experience’ to Lure Millennials

by May 20, 2015 at 5:16 pm 1 comment

Customers depositing $1,500 a month into their BankMobile accounts will automatically qualify for a VIP service, which includes refunding all ATM fees incurred, and access to a financial coach, the company announced today. The move signals the bank’s need for deposits and depositors. BankMobile’s explicit target group is millennials, but theyRead More