Digital banking
Digital banking
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Charging customers $40 for a $10 overdraft “makes no mathematical sense,” Chime CEO Chris Britt says in a critique of traditional banks.
September 8 -
There's been a significant lag in how financial institutions serve commercial clients with mobile technology, and that creates an opportunity for credit unions.
September 6 -
Enova has used AI in credit decisions for years. Now it’s having AI do the work of document verification, know-your-customer checks and more.
September 5 -
Despite the growth of digital advice, there's resistance to the business inside banks because of internal politics and a lack of data sharing, the company's CEO says.
September 4 -
A growing number of companies, led by Walmart, are offering payroll advance loans to their workers; Christian Sewing said he will invest 15% of his net earnings in the German bank’s struggling shares.
September 3 -
A look back at some of the coverage from Credit Union Journal's special report for August.
August 30 -
The core-banking provider Temenos, based in Geneva, was drawn to Kony's strong U.S. presence, its software for banks and a special app it owns.
August 30 -
The idea of a common digital identity for consumers has become more compelling amid the digitalization of the world's economy. Many bank and credit union executives consider it a natural fit, one the industry should be prepared to lead on.
August 28 -
Traditional players are getting innovative, and upstarts are becoming more sophisticated. The survivors will be companies that offer consumers an array of easy-to-use services, a venture capitalist says.
August 28 -
Two Michigan credit unions were sued by an individual who claimed their websites didn't comply with the Americans with Disabilities Act.
August 27