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The Newest Neobank is for the 62+ Crowd

Gonzobanker

At first glance, the account resembles plenty of others – free ATM access at thousands of locations, no monthly fees and no minimum account balances. Charlie’s launch reveals a gap in financial services: While financial institutions already claim seniors as customers, the digital banking features offered to retirees need a glam up.

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Online/Digital Account Opening: A Bridge and A Moat

Abrigo

Would you like other articles like this in your inbox? Takeaway 2 Financial services providers use online or digital account opening features to win new customers and accounts . It doesn’t grab the attention the way concepts like open banking or cryptocurrency do,” wrote CCG Catalyst Director of Research Kate Drew in a report.

Online 195
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Chime Spending Account Review: Low-Fee Checking Alternative

MyBankTracker

Fees are usually fewer while the money management features are plentiful. This Chime Spending Account review offers a closer look at the features, fees, and overall user experience you can expect when you move your money here. Free ATM withdrawals at over 38,000 fee-free ATMs. This benefit has an optional tip feature.

ATM 52
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7 Rules To Improve Total Experience Using the “Time-on-Task” Methodology

South State Correspondent

In this article, the last in the series, we give you seven rules to improve your bank. We have seen this a thousand times, and it is ALWAYS a mistake – banks do demos of technology but rarely try to use it themselves before purchasing it. The situation is worse because the bank thinks they are doing a good job.

Policies 195
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The Upside Of Hurricommerce

PYMNTS

As this article is being written, Hurricane Matthew is wreaking havoc along the Florida coastline. Hurricane/Superstorm Sandy didn’t quite have Irene’s range – but it more than made up for it in cost. “You might use updated technology, you might do things more efficiently.” For example.

Alaska 185
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Profitability and Customer Financial Health in Retail Banking

FICO

In my recent Forbes article , I explored a vision for the future of retail banking where the customer’s complete financial wellness is at the center of decision making. It’s an approach founded on a simple idea: when your customers do better, you do better. For this, banks need a more robust model of financial wellness.

Retail 52
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CIT Bank Savings Builder Account 2021 Review: Can It Help Grow Your Savings Faster?

MyBankTracker

Learn everything you need to know through this review of the CIT Bank Savings Builder account, including what you need to do to earn that market-leading rate. The best savings rate is available to customers who meet any of these two requirements: Maintain a balance of $25,000 or more. Interest Rates.

FDIC 52