Why OnDeck is being sold on the cheap
American Banker
JULY 29, 2020
The pioneering online lender had long struggled to live up to the hype that drove its early growth, even before the pandemic pushed it to the brink.
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This Week’s Reads: Mobile Payments, Banking Apps, Apple Pay
Banking 2020
FEBRUARY 13, 2015
Bank websites said to suffer from attention shift to mobile: While banks’ mobile banking capabilities are continuing to evolve, in some cases, Web-based products and services are being ignored. Banks need to capitalize on all of their channels and should avoid placing such emphasis on one channel that it hurts the others.
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Traditional Banks v. Alternative Lenders: How Goliath Can Beat David
Banking 2020
MARCH 10, 2015
Lastly, traditional banks can improve their relationships with business owners by bundling non-traditional services with their bread and butter products. For instance, they could offer light advisory services or seminars to business owners who have working capital lines of credit.
Savings Goals Top Millennial Resolutions – 3 Steps for Successful Savings Follow-Through
Banking 2020
JANUARY 28, 2016
This article is written by me with support from Capital One in conjunction with the release of the brand new Millennial Mindset on Money Survey. In Capital One’s new Millennial Mindset on Money Survey, 40% of millennials said they would use a $100 gift to increase their savings balance. Check out the results below! Track Your Progress.
Two Cyber Security Investments With a Silver Lining
Banking 2020
SEPTEMBER 10, 2015
With more than 12,000 keyloggers in distribution, antivirus and anti-spyware aren’t enough to protect online activity from identity thieves. The technology protects everything from online transactions and network remote access to social media, personal and business information.
Wal-Mart: Checking Accounts in Aisle 3
Banking 2020
SEPTEMBER 24, 2014
That mixed record has given hope to traditionalists who maintain that the biggest barrier to entry into financial services remains the capital investment required. Similarly, online retailers requiring less infrastructure represent vicious competition. This time, there are other motives as well.
High-Frequency Trading: Is It The New Normal?
Banking 2020
NOVEMBER 24, 2014
In mid-October, the SEC put the hammer down on Athena Capital Research for making very large trades at the end—literally in the last two seconds—of every trading day for several months. For all the advances enabled by technology, many banking practices haven’t changed much—we do the same things we’ve always done, only more efficiently.
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