Mary Wisniewski is deputy editor of BankThink. She also writes on a variety of subjects as part of American Banker's bank tech team. Previously, she was a blogger and editor at Bank Innovation. She also served as a fashion editor for National Jeweler, where she reported on fashion shows and jewelry news. Her work has also appeared in Billboard, Cracked and a number of business media outlets. Mary grew up in the Michigan suburbs and now lives in L.A. with a maltipoo, two record players and an espresso machine. Mary is endlessly curious and follows anything that grabs her. Current interests include fintech, literature, travel, good conversation, Cat Stevens and Gidget.
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Apps that help people manage their money on a day-to-day basis are all the rage among millennials. Here are the most effective of the bunch.
September 10 -
Graduate business students some of whom previously worked at traditional financial services companies have been organizing fintech clubs at universities to explore the dramatic changes in banking and to find potential employers.
September 8 -
Lead Bank in Kansas City, Mo., is poised to open a special branch designed for millennial entrepreneurs. Not only can these commercial customers bank in the techie, garage-like space, but they can actually work there, too.
September 2 -
Old-fashioned banks and neobanks are both finding the battle for acquiring customers to be treacherous. So BankMobile, a mobile-first banking service, has launched an innovation lab-like division seeking new tech that could attract thousands of new customers per month.
August 28 -
A growing number of fintech startups are appealing to the sensibilities of millennials by meeting social missions and, in some cases, by tying the amount of business they generate to the amount they give back to charity or to their customers.
August 26 -
Wells Fargo is touring music festivals, rodeos and other local events around the country with an Oculus Rift headset consumers can try on, part of a trend of banks using unconventional tactics to promote their brands.
August 21 -
As banks work to understand potential tech threats to their traditional business lines, Leader Bank in Massachusetts has built its own software to usurp one of its services lockboxes used by landlords.
August 20 -
The philanthropic arm of Wells Fargo is working with the Department of Energy's National Renewable Energy Laboratory on an incubator that grooms early-stage clean technology startups and validates their products.
August 18 -
Leader Bank in Massachusetts developed software to get renters paying their bills online. It solved a hassle for landlords, helping the bank win their business. Now, Leader is preparing to sell the ZRent tool to other banks.
August 17 -
Long proven popular in countries like the U.K., prize-linked accounts recently became legal for banks to offer in some states in the U.S. Blue Ridge Bank in Virginia is early to the market with a product that gives depositors a chance to win $200 monthly for every $25 they save.
August 13