PYMNTS
APRIL 5, 2016
JPMC has capped ATM withdrawals at $1,000 per day for those who are not accountholders with the bank. The move comes following the bank’s initiative to allow ATMs to dispense an unlimited number of $100 bills, which, unsurprisingly, led to abuses and people pulling tens of thousands of dollars out at a time.
PYMNTS
APRIL 5, 2019
The bank originally planned to redesign 1,500 centers, but the new plan will accelerate that. It will also upgrade 16,000 ATMs with new features like paying with phones and the ability to pay credit card bills. There’s also a plan to install 2,700 new ATMs. It said it was going to open branches in Boston, Washington, D.C.,
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Cisco
MAY 29, 2019
According to JD Power, “Nearly 90% of retail banking customers who are highly satisfied with the advice provided by their financial institution say they “definitely will” reuse their bank or credit union for another product” (The Financial Brand). And what about when the initial attempts to resolve issues don’t deliver?
Fintech Labs Insights
SEPTEMBER 9, 2021
SMB digital banks. The banking partner is Middlesex Savings Bank , a Natick, MA-based community bank with $5.7B in assets and 32 branches in the Boston suburbs. ATM fees reimbursed. Product features: Business checking. Debit card. Invoicing with embedded payment. Sub-account (called Reserve ).
Cisco
MAY 29, 2019
According to JD Power, “Nearly 90% of retail banking customers who are highly satisfied with the advice provided by their financial institution say they “definitely will” reuse their bank or credit union for another product” (The Financial Brand). And what about when the initial attempts to resolve issues don’t deliver?
PYMNTS
JUNE 20, 2018
“So, we expect that to go down, either through a phone or through the ATM in the future, and again, at additional cost savings for us.”. In addition, Athanasia said that the bank has enhanced its mobile app with Zelle. And, even in the digital age, Erdoes said that customers might want to visit a physical branch for advice.
Fintech Labs Insights
AUGUST 8, 2016
Digital banking technology. Digital renter’s insurance. HQ: Boston, Massachusetts. Tags: Consumer, merchants, ATM, cash-back, mobile. Source: Crunchbase. Alkami Technology. Latest round: $3.7 Total raised: $46.7 HQ: Plano, Texas. Source: Crunchbase. Latest round: $3.25 million Seed. Total raised: $3.25
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