Ron Shevlin

My NewsPress

MasterCard to Bring Real-Time Payments to Mobile Banking

Finextra reported that: “Mastercard is working on a new technology platform to support bill payments via mobile banking apps, created to help banks recover ground lost to multiple direct billing sites. The new real-time service, dubbed Bill Pay Exchange, will make it easier for consumers to view, manage and pay telecom, utility, rent, credit card, […]

What Other Banks Can Learn from BofA’s Erica

Chatbot deployment should be driven by real business needs and opportunities, not by an exploration of what AI can do.

Wells Fargo Joins the Digital Bank Bandwagon

Wells thinks it’s going to attract “new to banking” customers with Greenhouse, its new digital-only offering. I disagree.

Investors’ Cash Balances at Record Lows

As if deposit growth wasn’t hard enough.

2018 Q3 Insight Vault

Click on title to access the PDF

Will Square Be the Next P2P Provider to Get Into Banking?

Square’s CFO confirms the deposit displacement impact of P2P payments.

Do Banks and Credit Unions Need a Chief Data Officer?

Many FIs appoint a CDO for the wrong reasons, with the wrong expectations, wrong people, and wrong strategy.

Data Sharing and Privacy: Fintech Users’ Delusions and Deceptions

The onus is on banks–not fintechs–to educate consumers on how data is shared.

Inside Google and Mastercard’s Secret Sales Tracking Deal

FIs should be concerned about how the card networks are sharing (or selling) data.

What’s In Your Ad? A Machine Learning Analysis of Bank Advertisements

The analysis reveals frequently used keywords and racial and gender composition of actors.

Bank of America App

Merchant Mobile Apps: A Growing Threat To Banks’ Interchange Revenue

Increased consumer usage of merchant apps to make payments is bad for banks.

How Consumers Choose a Bank: The Value/Features/Fee Tradeoff

When it comes to choosing a bank, consumers fall into one of three segments.