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, […]
Wells thinks it’s going to attract “new to banking” customers with Greenhouse, its new digital-only offering. I disagree.
As if deposit growth wasn’t hard enough.
Square’s CFO confirms the deposit displacement impact of P2P payments.
FIs should be concerned about how the card networks are sharing (or selling) data.
The new investment app is about more than just investing.
The deals are about vertical integration and business model change (and conflict).
A look into the consumer data, payments, lending, and regulatory sandbox sections.
Digital banks are a threat to traditional FIs because consumers are “accessorizing” their checking accounts.
A Venmo debit card means more deposit displacement to banks and credit unions.
I’m afraid you’ll have to read the post to find out the answer to the question.
The Case-Shiller 20 City Home Price Index has reached pre-crisis levels.