Post Tagged with: "Simple"

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

Holvi Adds Long-Promised Business MasterCard — But Where’s BBVA?

Holvi Adds Long-Promised Business MasterCard — But Where’s BBVA?

by April 22, 2016 at 11:04 am 0 comments

Finnish banking service Holvi announced in March it was joining the Spanish megabank BBVA, which also acquired Simple, but its digital presence makes no mention of it. Nor was BBVA mentioned in the announcement of Holvi’s long-awaited MasterCard for businesses. The card, which will become available April 26, was first discussed aboutRead More

Coolest Brands 2016: BBVA‘Innovate or Die’

Coolest Brands 2016: BBVA

‘Innovate or Die’

by February 16, 2016 at 8:46 am 2 comments

BBVA has a lot more going on than Simple, cool as that acquisition was. In Jan. 2015, CEO Francisco Gonzalez said, “Some bankers and analysts think that Google, Facebook, Amazon or the like will not fully enter a highly regulated, low-margin business such as banking. I disagree. What is more,Read More

The Bancorp Ain’t the Innovation Engine It Used to Be

The Bancorp Ain’t the Innovation Engine It Used to Be

by February 3, 2016 at 12:40 pm 0 comments

It is a sad truth: AML violations have cut the innovation practice at The Bancorp. The Bancorp, which released earnings yesterday, arguably has been a leading advocate for fintech over the last several years, notably providing the bank charter behind Simple. But The Bancorp is facing regulatory scrutiny for itsRead More

CEO Out at The Bancorp

CEO Out at The Bancorp

by December 14, 2015 at 9:31 am 0 comments

Frank M. Mastrangelo has been abruptly replaced today as chief executive officer of The Bancorp, a key player in the fintech sector. Mastrangelo first joined The Bancorp [ticker: TBBK] in September 1999, coming on board as its president after a stint as chief technology officer at Jefferson Bank based inRead More

4 Ways Banks Can Engage With Fintech Startups

4 Ways Banks Can Engage With Fintech Startups

by November 6, 2015 at 9:07 am 2 comments

With the fintech startup community booming, banks need to be plugged into that community to stay ahead of digital disruption. Every bank will need to work with startups in some way to grow their business in an environment that is so ripe for digital disruption. The catalyst for digital technologyRead More

Simple Goes Fee-Free

Simple Goes Fee-Free

by September 9, 2015 at 11:35 am 0 comments

Simple has gone the way of Dwolla — it’s completely fee-free. Simple’s free policy went into effect today. The BBVA-owned banking service has set the standard for ease of use, clean design, and low fees since its launch in 2012. Make that “low fees” into “no-fees” as of today. This morningRead More

The Bancorp, a Driver of Fintech, Skirts with Nasdaq Delisting

The Bancorp, a Driver of Fintech, Skirts with Nasdaq Delisting

by August 17, 2015 at 12:51 pm 1 comment

The Bancorp, which is the rent-a-banking-license for many top fintech ventures, is in danger of being delisted by Nasdaq. Last Friday, The Bancorp [ticker: TBBK] disclosed that it once again missed its deadline for filing its 2014 financial disclosures to Nasdaq. The Bancorp has not released financial information since lastRead 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

Better Support, Not Better Tech, Confounds Banks

Better Support, Not Better Tech, Confounds Banks

by August 7, 2015 at 12:44 pm 2 comments

How can banks give their customers the “Simple” experience? That clean design, contextual messaging, safe-to-spend alerts — isn’t this a massive technological challenge for supposedly backward banks? Not according to Wade Arnold, managing director at Jack Henry & Associates. Arnold praised Simple’s design and functionality, while noting the account wasRead More