What does a young person do today when he wants to choose a bank? He might check out what interest rates are offered on savings accounts or loans, or he might just want to know who has the coolest mobile app. We know one thing he won’t do — walk into the nearest branch to ask if the bank might be right for him.
Post Tagged with: "apps"
It would be easy to dismiss the Apple-IBM partnership announced yesterday as an iPhone sales deal. In fact, the deal has significant implications for banking and banking technology. Hear that, SAP? At the heart of the deal is a new opportunity for Apple to sell to corporations through IBM, which owns corporateRead More
Why can’t banks generate the kind of media buzz of an Apple?
No one likes paying bills, but we all have to do it. Managing bills is a tedious and frustrating task for most — and several new ventures are taking renewed aim at this pain point. Google Now Google Now is a predictive personal assistant that tries to figure out whatRead More
Too much caffeine can give you the shakes. And now that shaking can come in handy when you use Starbucks’s new “shake-to-pay” feature unveiled today as part of the coffee company’s new iOS app. Check out how it works in the demo video below.
Can we stick a fork in branch banking if a bank proves its branches are worthless? That’s essentially what Arvest Bank, in Bentonville, Ark., has done with its new ad promoting its recently unveiled mobile app. What is striking about the video below is that the customers interviewed at theRead More
There is a wider range of mobile data for banking apps to leverage than previously contemplated. Some of the mobile-focused application builders see a wide array of mobile data streams available to banking apps — and that means, fintech providers are largely limited by their imaginations, rather than technical impediments.Read More
CIT Group launched its first mobile banking app last quarter. Yeah, no one else noticed either. CIT Bank, the financial conglomerate’s $16.1 billion online bank, was launched in 2011 to diversify its parent’s funding. Indeed, CIT nearly went bankrupt during the credit crisis when the capital markets all but silenced,Read More
What do Peek, Loungebuddy and Bandsintown have in common, and, to amplify the riddle, what do they have to do with banking? All three iOS apps do something that the vast majority of banking mobile applications don’t: leverage other data streams on the mobile device. They also – and hereRead More
If you have dreamed about A/B testing for your banking app, wake up. It’s here. A new company out of Philadelphia called Artisan now allows for on-the-fly — yes, on-the-fly! — A/B app testing. The Artisan tool also lets “the business side” (meaning non-techies) adjust any app element in aRead More
Three new apps have recently been added to the Intuit App Center, and they point to the advancing sophistication being offered to the small-office/home-office (SOHO) commercial banking market. There three new apps are: Lettuce — an inventory and order management app; Exact Online — a cloud-based business management app for smallRead More