PFM

Customers will enter or modify their financial goals in Life Sync, which will immediately alert their financial advisor. 

Thirty-seven years after the release of Quicken desktop software, the company is launching a streamlined app to reach a new demographic.

Originally formed to help consumers spot recurring charges, Truebill is adding banking and financial management features to its app.

Adoption of money management instruments offered by banks remains low. One expert explains why.

The CEO of the digital-only bank Chime says it has quadrupled its membership in a year. So why doesn't his counterpart at Varo believe him?

Providing workers with funds on their own terms with added features can do more than just keep up with modern technology, contends Brian Radin, president of Comdata's prepaid and payroll card business.

The total includes donations to community groups helping low-income people, support for the development of financial coaching programs and investment in the creation and testing of fintech tools that can help underserved people.

Plinqit, led by a former banker, was developed specifically for community banks as a way to appeal to young customers.

When a tweet drew backlash from customers and politicians on Monday, it brought into question how banks should couch their messages on social media.

Alex Carriles, who runs mobile, online and digital accounts at BBVA Compass, describes how updates like account aggregation and expense analysis have helped increase use of its app.

David Tyrie, the bank’s new head of digital banking, discusses plans to offer customers constant course corrections and its new Life Plan product, and the latest on the virtual assistant Erica.

The most popular features of the AI-driven virtual assistant include transaction search and spending alerts.

Fifth Third is helping consumers — and millennials in particular — save for big-ticket purchases with a new tool that squirrels away small sums into an account that can’t be immediately accessed.

The data aggregator has purchased Abe AI and plans to use the artificial intelligence firm's technology in a host of applications.

Its savings, budgeting, spending and goal-setting tools, combined with artificial intelligence to add smart insights and advice, are a good example of how regional banks are trying to distinguish their mobile products from those of bigger banks with larger tech budgets.

Its data-driven financial management services for workers who live paycheck to paycheck — and a contract with Walmart — have attracted executives from Facebook, Slack and elsewhere as well as a major investment from the head of Box.

More companies are adding financial health programs to their benefits, creating a market that fits with one of the common uses consumers have found for prepaid cards.

The personal finance management tool will allow members to combine accounts from other institutions and track spending.

Digit, Chime and Pluto are among those said to be stepping into a void left by the banking industry. But designing helpful enough, yet flexible enough, financial safeguards for consumers is easier said than done.

Several challenger banks are trying to relieve consumers’ financial stress by offering tools that guide better habits.