Ally Bank is catering to an increasingly mobile-savvy group of bankers with two new application features that put consumers more in control of managing their own finances.
Banks and financial services
Last year, experts thought that NFC was going to really take off in 2013, but recent moves from Google Wallet and Isis point to a significant question: Will NFC ever really take off?
Square’s decision to eliminate its flat monthly fee for merchants could see the company lose business to competitors such as Intuit, LevelUp and Groupon that still have competitive fee structures.
American Express has added a new feature to its mobile application that lets consumers pay with points via their mobile devices.
As mobile banking is gaining traction, traditional banks are struggling to adapt to the new reality where physical in-store interactions are no longer the status quo.
While Bitcoin is still a new and relatively untested payment network, it does have the potential to provide certain benefits in mobile such as an easier method of transaction for consumers and lower transaction costs for retailers.
Mint has made it easier for mobile shoppers to gauge their financial standing by adding its “Trends” feature to the Mint.com smartphone application.
Thirty-five percent of the market traditional banks currently control may be shifted over to digital-only services by 2020, according to a new study from Accenture.
NEW YORK — A Citi executive at the Mobile Women to Watch 2014 Summit said that the bank is working to transfer its fragmented applications around the world to a unified global platform.
Although mobile users accessing insurance information are not necessarily converting on the spot, brands that neglect to incorporate the medium into a marketing mix miss out on increasing initial exposure about insurance services to consumers, according to a report coming out today from Telemetrics and xAd.