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The BaaS Gold Rush is On

Gonzobanker

However, if BaaS is ever going to enhance shareholder value, bankers need to ensure they have the strategic focus, operational savvy, and execution commitment to do it right. Even beyond fintechs, more and more brands are looking for ways to wrap financial services, especially embedded finance, around their existing products.

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The 2022 GonzoBanker Awards

Gonzobanker

SoFI gets a commercial bank that brings deposits, compliance, AND business lending. Benson Porter, Boeing Employees CreditUnion – Porter led BECU through an amazing streak of growth in the Pacific Northwest, all while building an innovative, stakeholder-driven brand respected nationally. The Appropriate CFPB Target Award.

Community 216
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Banks On Notice: Fintechs Are Coming For Checking Accounts & Debit Cards

CB Insights

These companies come from diverse fintech backgrounds — P2P money transfers, wealth management, lending — but all are rushing to create checking account alternatives within their pre-existing products. PayPal subsidiary Venmo’s forthcoming Venmo Card operates in a similar fashion. ux to help target existing clients.

Cards 71
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The 2019 GonzoBanker Awards

Gonzobanker

Even with worries around an allegedly discriminatory algorithm, Silicon Valley UX met big bank Wall Street money in slick onboarding that has our attention. Sweet Deal for the Acquiree) Award –Goes to Honey Science Corporation for its $4 billion acquisition by PayPal with Honey keeping its brand and HQ. Overpriced Unicorn (a.k.a.

Idaho 148
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Disrupting Insurance: The Other Financial Services Opportunity

Tefkin

In the last years, most of the focus on innovation in financial services has been, it seems, on banking (investing and lending) and payment. In an insurance world, there is a conflict between the requirements of the underwriting algorithm for being able to price the premium and the optimal UX for users to be able to obtain a product.

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We analyzed 7 of the fastest-growing personal finance apps of all time to figure out the secrets to their success — here’s what we learned

CB Insights

An explosion of new consumer finance brands is transforming how people save, spend, and manage their money. Mint was dominating the mobile financial management space, with a stronger brand and new resources from the Intuit acquisition. In aggregate, they command $1.3 trillion in annual spending.

Tools 78