Aspiration’s Clippers arena sponsorship follows sustainability trend: The environmentally conscious neobank has added sustainability initiatives to its sponsorship deal which could promote its “green” image to a broader audience.
Nearly half of US survey respondents uninterested in banking primarily through a digital-only bank cited data security as a concern, according to a PYMNTS-Optherium report.
Coinbase seeks customer loyalty through direct deposit feature: Accepting direct deposits from users takes the crypto exchange a step closer to banking and could lead to their using other services within its ecosystem.
eToro launched a DeFi portfolio to give retail investors exposure to the new asset class as the industry matures and more players look to get in on the action.
Its AI-powered virtual assistant added a predictions tool that lets customers view projected cash flows. It could help RBC keep up with rivals’ mobile money management features.
China’s central bank made crypto transactions and exchanges illegal, potentially in an effort to encourage digital yuan adoption.
Valley grows through acquisition with Leumi deal: Deposits and loans from the Israeli bank’s US division will help the US regional bank to fund future initiatives and to cross-sell.
Laurel Road’s checking entry gives it a shot at what the digital-only dream of: The KeyBank unit, a digital bank focused on healthcare workers, is offering incentives for new account holders. It’s seeking to become their primary bank.
The majority of US adults are against living in a cashless society, with 60% indicating they’d prefer physical money to stick around.
A financial planning platform for students will offer valuable tools to 17- to 24-year-olds and may win their long-term loyalty and retention.
Here’s how French fintechs raised $2.45B so far this year—the third-largest funding in Europe—and what it means for the UK’s top spot.
On today's episode, we discuss whether Facebook has reached a turning point, how people now feel about digital ads, if the world is ready for eSports endorsers or finance influencers (aka finfluencers), the pandemic pet boom, what we keep learning about customers' needs, how to make sure you treat in-office and remote workers fairly, a town with free alcohol, and more. Tune in to the discussion with eMarketer analysts Nina Goetzen and Blake Droesch, and senior analyst at Insider Intelligence Jasmine Enberg.
Plaid picks chief privacy officer at a key moment: Sheila Jambekar, the first to fill this role at the open-banking provider, could help it adapt to the CFPB’s future industry regulation.
BofA does more with less in tech: It’s slashed tech and ops spending by about $2B over the past five years, shifting funds to new initiatives—and it’s still adding clients.