Current

OCTOBER 20, 2020

We also have no plans to pursue our own bank charter and we’ll explain the reasons why. Growing, growing, growing… It’s been a year of exponential member growth at Current with the COVID-19 pandemic serving as an accelerant to digital banking and we are now over 1.6 who live paycheck to paycheck.

Conference 108

Conference US Resources Fintech 108

Gonzobanker

DECEMBER 20, 2019

Sure, we know it’s cliche to point out the merits of this direct banking powerhouse, but the plain fact is that USAA nails every variable in building a Smarter Bank. The bank’s strategy is laser-focused. It is an innovator with tech (e.g., Sorry Millennials, you are now so yesterday like GenX and the OK Boomers.

Idaho 148

Idaho Conference Data Marketing 148

Gonzobanker

DECEMBER 19, 2016

The Millenials as Funding Award – Goes to Dime Community Bank for attracting press attention when it appealed to hipsters in Brooklyn as a means of funding its powerful commercial real estate niche. see https://www.bloomberg.com/news/articles/2016-06-01/this-is-how-a-banker-in-brooklyn-makes-money-on-millennials ).

Utah 60

Utah System Community Marketing 60

Gonzobanker

DECEMBER 19, 2016

However, we’ve gone from spotty Siri performance and playing with Amazon Alexa with our stereo system to Bank of America predicting its chatbot, Erica, will become customers’ new financial advisor. Most Important Tech Challenge of 2017 – The urgent need to meld digital banking with digital marketing. Crickets chirping.

Utah 60

Utah System Community Marketing 60

William Mills

SEPTEMBER 7, 2016

Demoing – Bills for T-mobile – Brought in balance and due date. Announcement for Finovate – a new API – all current functionality is available for a white-label UI for Banks. Demo: A Wealth Management Company (ACME)– GoodData can embed analytics directly in ACME’s dashboard. Demo: Bank application form.

Mobile 40

Mobile Cards Fraud Data 40

Gonzobanker

DECEMBER 22, 2015

No one has been more successful at using social media to generate awareness and a positive image for their bank than Jill (@JillCastilla, @CitizensEdmond). Bank Innovation named Jill one of the 10 most innovative CEOs in banking for 2015, and we doubt that Bank Innovation would know who Jill is if not for her presence on Twitter.

Community Bank 60

Community Bank Apple Community Technology 60

Fintech Labs Insights

OCTOBER 17, 2020

I first heard AidBanc’s pitch last week at the Techstars/Western Union demo day, and I knew right away we had our Startup of the Week. LumoXchange participated in the FIS accelerator in 2016 ( see Demo Day pitch below ) and raised $550k (per Crunchbase). References: Demo: 5-minute demo of AidBanc prototype (26 April 2020) [link].

Arkansas 15

Arkansas Management Fintech Digital Banking 15