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Banking on Millennials: Balancing Branch Preferences And Digital Expectations

Via The Financial Brand 

Knowing what’s really important to consumers is critical to acquisition, retention and cross-selling in the banking industry. But Millennial stereotypes frequently fool financial marketers, muddling their marketing strategies with faulty assumptions. Turns out they love branches just as much as Gen X and Baby Boomers. And all generations share one thing in common: They expect more, particularly in digital channels.

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Analytics, Banks, Global trends

October 13, 2018

“Fintech unicorn” WB21 faces securities fraud enforcement action from SEC

Michael Gastauer, CEO of WB21 digital bank, is facing a lawsuit for selling $165 million worth of fraudulent microcap stocks.

On October 2nd, the US Securities and Exchange Commission (SEC) revealed a lawsuit against Michael Gastauer and Roger Knox for “intentionally defrauding investors by secretly dumping large quantities of stock.”

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Banks, Fintech news, Hotnews

October 11, 2018

Arival meets Revolut at Japan’s largest fintech summit

On September 26, Jeremy Berger presented Arival Bank at Fin/Sum2018, held in Tokyo. Arival was selected as one of the top 30 startups to pitch in front of executives from 500 Startups, SBI, MUFG, and other leading investment & financial institutions.

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Banks, SME

October 2, 2018

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The banks of Google, Facebook and Amazon

By Matthew Hussey for the Verge

Does that headline excite you? Well, according to a recent study, there are a lot of you that would happily hand over the responsibility of keeping your money safe to either Google, Facebook or Amazon. But weirdly, not Apple? (more…)

Fintech news, Global trends, Hotnews

May 6, 2016