Fintech Labs Insights
DECEMBER 2, 2019
Metrics: In Q3, @bankmobile (digital unit of @CustomersBank ) books small profit ($900k pre-tax) despite $4M fraud loss + $1M legal bill. Wells Fargo’s Greenhouse has UX issues to overcome ahead of national rollout. UX Tips: U.S. Bank Offers Option to Show Password at Login.
CB Insights
APRIL 29, 2019
As of this publication, LinkedIn showed active listings for a UX design alchemist at Critical TechWorks and a product and solutions development alchemist at Together Abroad. Tax Wrangler. This is not the only alchemist position out there. Weekend Happiness Concierge. Source: Jorge Royan.
Fintech Labs Insights
APRIL 22, 2020
With $5k in savings, the top 3% tier only nets $12/month before-tax (or $9 to $10 after-tax). However, for the top savers that bank is targeting, e.g. those with $50k in savings, the extra yield (130 BP over other high-yield accounts) amounts to a meaningful $600 to $700 annually (before tax).
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