Post Tagged with: "Moven"

Is a Facebook of Banking Still Possible?

Is a Facebook of Banking Still Possible?

by February 23, 2017 at 12:08 pm 0 comments

If you picked up the New York Times Business section this morning, you probably saw the photo of the fintech guru, Brett King,  looking out the window of a dimly-lit room. The caption read: “Brett King once hoped his company, Moven, would become ‘the Facebook of banking.’” Those hopes areRead More

11 Ways Fintech and Banking Will Change in 2017

11 Ways Fintech and Banking Will Change in 2017

by December 13, 2016 at 10:00 am 2 comments

It’s almost time to wave goodbye to 2016. This was a big year for fintech, with new regulations, new startups, and new technologies displayed across events like Sibos and Money20/20, making it clear that the progress of fintech can’t really be stopped. But how will it continue? That’s the realRead More

Moven Provides Savings Path for First-Time Savers

Moven Provides Savings Path for First-Time Savers

by December 12, 2016 at 11:44 am 1 comment

Confused about how much of your paycheck to stash in your savings account? The three-to-six months-worth of expenses rule may not be the most optimal solution anymore. So, mobile-first Moven came up with its own solution to provide customers with a personalized savings path. The new feature, Moven Smart Savings account,Read More

11 Ways Fintech and Banking Will Change in 2017 Page 3

11 Ways Fintech and Banking Will Change in 2017 Page 3

by December 9, 2016 at 10:40 am 0 comments

8. AI Anticipates Customer Needs Andy Hernandez, Head of eBusiness, Regions Financial Corp. “The use of Artificial Intelligence to anticipate the customer’s needs will be an area of growth not only in 2017 but throughout the foreseeable future. Simply put, we want to break down barriers for customers by consistentlyRead More

TD for Me, TD Bank’s ‘Digital Concierge,’ Nears 1 Million Users

TD for Me, TD Bank’s ‘Digital Concierge,’ Nears 1 Million Users

by December 5, 2016 at 2:37 pm 1 comment

In September, TD Bank launched TD for Me, which the bank describes on an FAQ page as “a digital concierge that allows customers to opt into a service that sends real time notifications about special offers and nearby events.” TD for Me lives in the TD Bank app but requires usersRead More

Neobanks Should Take on Incumbents, Not Each Other

Neobanks Should Take on Incumbents, Not Each Other

by October 17, 2016 at 1:21 pm 2 comments

If you’re in charge of a mobile bank, you’d think your top competition would be — well, other mobile banks, but evidently that isn’t the case, at last for one neobank. “Our competitors are the incumbents, the Bank of Americas and Chases of the world, which have banking products thatRead More

Circle, Square, and Venmo Tie Into Siri & iMessage

Circle, Square, and Venmo Tie Into Siri & iMessage

by September 20, 2016 at 11:44 am 1 comment

With the launch of iOS 10 on Sept. 13, new payment functionality was enabled for Siri, iOS’s voice-activated virtual assistant, and iMessage, Apple’s text-based messaging platform. The first wave of payments apps on Apple’s newly platformized apps are: Venmo, the P2P payments platform from PayPal; Square Cash, from mobile payments serviceRead More

The Most Talked-about Companies at Finovate Weren’t Onstage

The Most Talked-about Companies at Finovate Weren’t Onstage

by September 19, 2016 at 9:13 am 1 comment

The most talked-about companies at Finovate Fall 2016 weren’t even presenting on the stage at the New York Hilton last week. But they represent everything fintech innovators love to love and love to hate: The Succesful Disruptor and The Evil Bank. If Amazon was the North Star — a beacon of simplicity —Read More

The Fintech Threat Is Real

The Fintech Threat Is Real

by August 30, 2016 at 9:00 am 3 comments

It may come as a surprise to many of us that consumers are generally satisfied with their banking relationships. However, this doesn’t mean that banks have nothing to worry about. Alternative providers and FinTech companies present a double-edged risk to traditional banks. First, there is the eminent danger of aRead 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