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5 Banking Trends We’re Forecasting for 2023

Perficient

2023 has commenced, and rates are climbing, inflation is bubbling, and banking customers are continuing to demand hyper-personalized products and experiences from their institutions. Banks are focused on efficiency initiatives to optimize their operations and lower costs. User experience.

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BBVA To Close Simple, Move Customers Over To BBVA USA

PYMNTS

Talk Android posts a letter from the company in which it says there will be "no immediate impact" to accounts and that users don't need to do anything right now, with their funds housed in FDIC insured accounts with BBVA. And, the company says it wants to make the transition "as smooth as possible" for customers.

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Ternio Integrates With Plaid To Ease Access To Crypto-Friendly Accounts

PYMNTS

With Plaid, users are able to link bank accounts securely near-instantaneously, through using login credentials rather than verifying through micro-deposits, which could help to cut down on fraud. customers to activate their FDIC-insured BlockCard bank accounts. dollars between all of their accounts.”.

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How Banks Can Tap Trust As Their Foundation For Innovation

PYMNTS

But as of 2020, it is a subject upon which seasoned experts can disagree, in a world where traditional banks and FinTechs are operating in parallel in the market – and, in many cases, are offering similar services for consumers. What we learned was interesting.

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Whatever Happened To…Kabbage

PYMNTS

I think it was a real advantage to us to start during an economic downturn,” says Kathryn Petralia, a co-founder and Head of Operations at Kabbage. “It Our focus has always been on user experience and for them to get capital in less than ten minutes. Kabbage is a data and technology platform that enables real-time lending. “We

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Can You Have Multiple Brokerage Accounts? When It Makes Sense

MyBankTracker

Many brokerage companies operate their own mutual funds. Each brokerage operates its own money market fund and the interest rates can vary. You can compare all of their features and user experience to find the one that you like the best. Reasons You Might Want Multiple Brokerage Accounts. Access to Mutual Funds.

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Chime Spending Account Review: Low-Fee Checking Alternative

MyBankTracker

This Chime Spending Account review offers a closer look at the features, fees, and overall user experience you can expect when you move your money here. FDIC-insured protection. Compared to traditional brick-and-mortar banks, financial companies that operate only tend to have lower overhead costs. But is it right for you?

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