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BankMobile Is One Of Six New FIs To Offer Smart Digital Bank Accounts Via Google Pay

PYMNTS

banks and credit unions (CUs) have signed on to offer checking and savings accounts through Google Pay. We are thrilled to be collaborating with Google to offer our student customers enhanced digital bank accounts,” Luvleen Sidhu , BankMobile’s co-founder and CEO, said on Monday (Aug. Six additional U.S.

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BBVA On Google, Digital Banking And The Rise Of The ‘Everyday App’

PYMNTS

To that end, BBVA was one of six banks that said on Monday (Aug. 3) that it would work with Google to deliver “smart” digital bank accounts, using Google Pay as an app-driven way to broaden its digital reach and improve usersexperiences with their financial institutions (FIs).

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Does ‘Google Checking’ Foreshadow Big Tech, FinTech Payments Changes?

PYMNTS

But as a recent Google announcement demonstrated, FIs are engaging with technology players in new ways as together, they seek to create ecosystems that offer new value to consumers. They are described by Google as “smart,” since they will provide account holders with money management tips to optimize and manage the funds in those accounts.

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BBVA To Close Simple, Move Customers Over To BBVA USA

PYMNTS

PYMNTS wrote recently that BBVA was one of six banks last year to begin work with Google on "smart" digital bank accounts, with Google Pay used as an app-driven way to broaden digital reach and give better user experiences.

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How Apple Card Brings ‘Existential Crisis’ To Smaller FIs

PYMNTS

With the recent launch of the Apple Card , Apple has sent a signal that they seek to offer a better user experience than banks. In fact, their slogan for the card is “Created by Apple, Not a Bank?.” Banks are still able to use their legacy systems to honor that notification, but the user experience is far superior.”.

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The Pandemic’s Push For The FI/FinTech ‘Win-Win’

PYMNTS

Kikkeri said this is the highest penetration that mobile banking has ever seen among consumers. And for financial institutions (FIs), that translates into an incredible opportunity to build better digital banking journeys for their customers. But an opportunity is only as good as the bank’s ability to pursue it.

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Big Tech’s Big Shadow Over FIs

PYMNTS

They are all digital channels [that companies need] in order to reach the customer for all kinds of services.”. If issuers and banks don’t do that, he said, Apple, Google, Samsung and a whole host of Big Tech players are ready to step in and do so — taking away FI customers in the process. How Banks Can Beat Big Tech.

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