Gonzobanker
MARCH 22, 2023
Here are seven key areas where bank executives need action plans to address burning challenges: Communication – Bankers have been working to calm their customers and community, but the quantity and quality haven’t yet met the standard in an always-on social media world where the public is sniffing for transparency and authenticity.
PYMNTS
APRIL 20, 2017
In a press release , the companies said that by combining Web Financial Group’s technology platform and Selerity’s contextual search and notification tools, digital wealth platforms can automatically tailor their users’ content experience to drive engagement and end-user productivity.
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Banking 2020
APRIL 28, 2015
Digital banks are no longer in the ‘money’ business but rather, in the ‘value’ business. Unlike in the past, when more than two products from one bank made a customer loyal, customer behavior is fleeting and their expectations for digital banking is increasing every day, because technology is giving them numerous choices and control.
Gonzobanker
DECEMBER 22, 2020
Chris’ public posts including his playbook for dealing with COVID-19 were gobbled up on social media. There have been many come-and-go digital banks. For a digital bank, Axos has a net interest margin twice that of Wells and BoA with an expense ratio under 2% – that helps drive a 15.5%
Fintech Labs Insights
JULY 28, 2016
Digital banking pioneer Fidor Bank has been acquired by Groupe BPCE of France. Terms were not disclosed, and Fidor Bank founder and CEO Matthias Kröner will remain with the company. ” Kröner, whose bank expanded to the U.K. ” Kröner, whose bank expanded to the U.K.
PYMNTS
OCTOBER 29, 2018
Facebook leadership underestimated the role that platform governance plays in keeping platforms alive and thriving – and it may be too little, much too late to turn things around. Online and digital banking is an innovation enjoyed by many consumers, as is P2P payments. The scariest thing for Facebook is the people who use it.
Abrigo
FEBRUARY 8, 2024
As financial transactions become increasingly digital, consumers and businesses must be equipped with the knowledge to navigate day-to-day business securely. At the same time, it is important not to deter clients from using digital banking methods for daily transactions. Clients should also be wary of social media scams.
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