consumer banking

Today In Data: Driving Contactless Adoption With Community Banks
Today In Data: Driving Contactless Adoption With Community Banks
January 25, 2019  |  Today In Data

Community banks could put more contactless cards into the hands of consumers with the help of the Independent Community Bankers of America (ICBA). At the same time, gig economy...

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Online Shift Trims Citi’s Russian Bank (Branches)
Online Shift Trims Citi’s Russian Bank (Branches)
January 24, 2019  |  Banking

Regulatory oversight may have the impact of reducing some banks’ physical footprint abroad. To be specific, that may be the case in at least one...

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Bank Of America’s Zelle P2P Transactions Increased 97 Pct In Q4
Bank Of America’s Zelle P2P Transactions Increased 97 Pct In Q4
January 16, 2019  |  Earnings

Zelle P2P payments increased 97 percent in the fourth quarter of 2018, Bank of America said Wednesday (Jan. 16), signaling the latest burst of growth...

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Chase Active Mobile Users Hit 33.3M
Chase Active Mobile Users Hit 33.3M
January 15, 2019  |  Earnings

In what is becoming what seems to be a familiar theme as banks report earnings, trading revenues plummeted at the end of last year, but...

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Citi Weathers Trading Volatility as Mobile Efforts Gain Traction
Citi Weathers Trading Volatility as Mobile Efforts Gain Traction
January 14, 2019  |  Earnings

Citigroup’s trading business may have been the focus on Monday (Jan. 14) upon releasing fourth-quarter results – injecting a bit of volatility into the numbers...

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Radius Bank Goes Mobile For Micro-Businesses
Radius Bank Goes Mobile For Micro-Businesses
December 18, 2018  |  B2B Payments

Virtual bank Radius Bank — which services small businesses (SMBs), micro-firms and consumers — is rolling out a revamped digital banking platform and a mobile banking app,...

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HSBC, Avant Team On Personal Loans
HSBC, Avant Team On Personal Loans
October 24, 2018  |  Loans

HSBC Holdings announced that it is teaming up with online lender Avant to offer unsecured loans to consumers. In the first half of 2019, HSBC’s...

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Banks’ Low Interest Rates Costing Them Deposits
Banks’ Low Interest Rates Costing Them Deposits
October 23, 2018  |  Banking

The country’s four largest banks reported a combined 5 percent drop in U.S. deposits that earned no interest in the third quarter, compared with a...

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Goldman Reassigns Online Bank Marcus To Wealth Unit
Goldman Reassigns Online Bank Marcus To Wealth Unit
October 23, 2018  |  Banking

Goldman Sachs is moving its Marcus business line into its wealth-management unit. According to an internal memo seen by Bloomberg, the firm’s $1.5 trillion investment-management...

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