Mobile banking

Leaders in bank innovation have ideas for improving financial services with high-speed, highly responsive 5G networks — ideas they say could be implemented relatively quickly.

The move is an extension of a pilot project begun in the fall. T-Mobile says it sought to give customers a better deal on digital banking and stand out from its rivals.

With branch traffic on the decline, some CUs have taken steps to tweak their facilities in order to help brick and mortar stay relevant in a digital world.

Karen Andres at the Center for Financial Services Innovation talks about the financial problems of people over 50 and how banks can help.

KeyBank is deploying new technology designed to improve the online and mobile banking experience and to guide branch employees' conversations with customers. The move comes on top of steps to modernize its IT infrastructure.

Derek White, an alumnus of BBVA and Barclays, will oversee digital innovation across all lines of business at the bank.

About 100 financial institutions are owned by or work with Native Americans, yet traditional banking services remain out of reach for many in this demographic.

The venture, which will do business as CU APPS, will offer mobile apps for other credit unions.

Customers are starting to reveal more to private bankers when they use GoTo, the bank's strategy chief Rilla Delorier says.

As N26 schedules its launch for midyear, it will face off against other startups and mobile-only spinoffs from incumbent financial institutions.