Post Tagged with: "debit cards"

Users Hit 65K Mark at U.K.’s Monzo

Users Hit 65K Mark at U.K.’s Monzo

by November 8, 2016 at 5:13 pm 0 comments

LONDON — British challenger bank Monzo‘s new customer acquisition rate appears to be hockey-sticking. Tom Blomfield, co-founder of the new bank, told Bank Innovation today here that Monzo’s weekly — yes, weekly — debit-card customer growth rate hit 8.7% last month. Blomfield said Monzo, known as Mondo until August, nowRead More

Debitize Reaches $1 Million Mark, Launches Credit Optimizer

Debitize Reaches $1 Million Mark, Launches Credit Optimizer

by September 22, 2016 at 10:53 am 0 comments

Debitize, a startup helping millennials build credit without using credit (we’ll explain), reached a significant milestone last week and released a new product this week. The milestone is $1 million “debitized.” Users of the service essentially treat credit cards as if they were debit cards, and pay off balances through Debitize beforeRead More

Simple Eschews Data Analysis on Card Re-Issuance

Simple Eschews Data Analysis on Card Re-Issuance

by August 11, 2015 at 11:27 am 0 comments

Simple is often held up as a paradigmatic digital bank. After all, it was one of the first digital-only banking concerns in the world. Which is why it is somewhat surprising to learn that the banking venture, now a subsidiary of BBVA, does not use its rich data for somethingRead More

Bank (Finally) Offers a Better Way to Pay Down Student Debt

Bank (Finally) Offers a Better Way to Pay Down Student Debt

by September 16, 2014 at 10:51 am 0 comments

It’s hard to get millennials to open bank accounts. What do they need bank accounts for with all the great prepaid cards and other options out there? Boston-based First Trade Union Bank, already known for working with LevelUp on its payments app, is now partnering with SmarterBucks to produce a debit card that helps pay down student loans.

Amex Updates Its Confusingly Similar Bluebird, Serve Apps

Amex Updates Its Confusingly Similar Bluebird, Serve Apps

by August 8, 2014 at 10:58 am 3 comments

American Express released a major update to its Bluebird and Serve iOS apps yesterday to make them easier to use and perform better.

Prepaid Will Dominate Mobile Wallets, Banks Warned

Prepaid Will Dominate Mobile Wallets, Banks Warned

by June 26, 2014 at 10:40 am 2 comments

An influential trade group today warned traditional banks that prepaid is likely to be the future engine behind mobile wallets.

VIDEO: Gift Card Exchanges, the Last Refuge of the Shopping Hopeless

by December 30, 2013 at 1:40 pm 0 comments

Stuck with an unwanted or useless  gift card this holiday season? All is not lost. Gift card exchanges can help recover some value from that piece of plastic either by buying it outright or connecting the seller with potential buyers, even though increasingly gift cards are digital items. This videoRead More

Alert Engine

Alert Engine

by July 25, 2013 at 9:38 am 0 comments

Myze Myze was created to solve the problem of missing out on deals, both rewards on cards and discounts in the world around us. Using geolocation, consumer account data and user preferences, Myze alerts users to the best nearby deals. The average consumer misses out on as much as $450Read More

Moven Emphasizes Personal Financial Management Tools in New Video

by June 27, 2013 at 1:35 pm 0 comments

In a video posted today, Moven emphasizes the personal financial management (PFM) aspects of its mobile app, last updated June 20, 2013. Moven’s website says its doors are now open and allows users to request invites via Facebook or email. (“Enter your email to get in line.”) Moven competitor GoBankRead More

Pageonce Expands Bill Pay Capability

Pageonce Expands Bill Pay Capability

by March 11, 2013 at 10:48 am 0 comments

Personal finance and payments company Pageonce has expanded its bill pay capabilities with its March 10 iOS update. The Android update was released March 7. The service now allows card-to-card payments, meaning customers can pay credit card bills using a debit card. Whenever Pageonce touches credit cards, however, there areRead More