Post Tagged with: "T-Mobile"

Bank of America Adds 3 Telcos, Including Sprint, to Text Banking

Bank of America Adds 3 Telcos, Including Sprint, to Text Banking

by November 5, 2014 at 9:54 am 0 comments

Bank of America Corp. has quietly expanded its text banking service — yes, text banking service — to “support” at least three more telcos. Those telcos are Sprint, Boost, and Cincinnati Bell. BofA also added MetroPCS, which is a T-Mobile brand.

CEO Doubles Down as The Bancorp Weathers FDIC Order

CEO Doubles Down as The Bancorp Weathers FDIC Order

by June 16, 2014 at 11:03 am 1 comment

Just as The Bancorp‘s stock was plummeting 30% after the company was hit with a Federal Deposit Insurance Corp. consent order over too-lax anti-money laundering practices in its prepaid card business, the company’s chief executive officer did something unexpected: she bought more company stock. Betsy Z. Cohen, The Bancorp’s CEO, purchasedRead More

Cash Is Still King

Cash Is Still King

by June 2, 2014 at 3:02 pm 0 comments

There are between 60 million and 100 million cash-preferring consumers in the U.S. That’s about the population of the nation’s four largest states – California, Texas, New York and Florida – combined. In April, the Federal Reserve released a paper called the “Diary of Consumer Payment Choice” (DCPC) that featuredRead More

How Any Company Can Now Become a Bank

How Any Company Can Now Become a Bank

by April 29, 2014 at 11:20 am 0 comments

A newly unveiled service now lets any company offering “banking.” Prepaid player Synchology and savings platform provider Social Money have come together to offer a bank-like product that brands can sell to their customers. The “integrated financial services product” features a Visa prepaid debit account, goal-based savings, a rewards programRead More

Is the T-Mobile-Isis Marriage in Jeopardy?

Is the T-Mobile-Isis Marriage in Jeopardy?

by January 24, 2014 at 10:38 am 1 comment

Will T-Mobile bail out of the Isis mobile wallet program now that it has launched Mobile Money by T-Mobile? That’s the question being asked by industry observers in the wake of T-Mobile’s announcement last Wednesday to launch the mobile banking initiative, which includes a mobile banking app for iOS andRead More

The Bancorp Scores Private-Label Deal With T-Mobile (Oh, and T-Mobile Has 45M Customers)

The Bancorp Scores Private-Label Deal With T-Mobile (Oh, and T-Mobile Has 45M Customers)

by January 22, 2014 at 11:30 am 0 comments

What will 45 million customers get you? A private-label deal with The Bancorp, apparently. Move over Simple, because starting today T-Mobile, with its 45 million customers (yes, you read that number right), is offering essentially the same banking services. This is arguably the most significant non-bank to get into bankingRead More