Three of the nation’s largest banks released their digital user stats this morning, and yes, the banking world is still racing to mobile. Wells Fargo, in particular, demonstrated strong growth both on yearly and quarterly basis, delivering on the CEO’s promise of “continued focus” on tech and digital, despite theRead More
Post Tagged with: "mobile users"
Saving is trendy. Consequently, it’s becoming increasingly hard to keep track of all the budgeting and money management startups out there. And FIs are catching on to the trend as well. Bank of America unveiled a money management and financial education tool for mobile and online banking users this morning.Read More
Transparency took a left hook to chin yesterday when Wells Fargo & Co. chose to withhold a crucial piece of its financial data. Specifically, Wells Fargo for the first time in at least two years refused to disclose the exact number of its active mobile banking users. Instead, Wells FargoRead More
Mobile banking ain’t growing like it used to. A deep look mobile banking at the Big 3 banks — Bank of America, Wells Fargo & Co. and JPMorgan Chase & Co. — finds user growth easing. The banks had a total of 51.8 million mobile banking users at the end ofRead More
It’s no secret that mobile banking customer numbers are growing, and it’s even no secret how many customers the big banks have. Well, that’s not exactly true. It’s no secret about how many mobile users Wells Fargo & Co., JPMorgan Chase & Co., and Bank of America Corp. have. Citigroup,Read More