Personal Banking news and trends

Chase Plans Expansion In Top US Markets In 2019
Banking // March 13, 2019

Chase has announced it is expanding its retail footprint into nine of the top American markets, as well as opening dozens of new locations in the greater Washington, D.C area, Philadelphia and Boston. Chase plans to open 90 new branches and hire 700 employees by...

The Evolution Of Digital Banking Security
Today In Data // March 13, 2019

Digital banking customers are looking for an institution that can keep their data safe, with security mishaps creating the possibility that they can move to other apps. In addition, Stitch Fix Inc. beat analysts’ revenue and earnings estimates for the second quarter of its fiscal year 2019 amid a focus...

HSBC Integrates SMB, Personal Banking Services
B2B Payments // October 02, 2018

HSBC is streamlining its banking services for clients with both a small business and personal account. In a press release on Tuesday (Oct. 2), HSBC announced the launch of HSBC Fusion, a service to facilitate management of finances for individuals and entrepreneurs toggling between personal...

Aspiration Raises $47M To Grow “Ethical” Online Bank
Banking // December 13, 2017

Aspiration, the online bank launched by a former speech writer for President Bill Clinton, has raised $47 million in Series B funding from a variety of celebrities and celebrity investors. According to TechCrunch, Andrei Cherny, Aspiration’s founder and chief executive, said this is the largest...

Quick Reads
Citi Streamlines Retail Offering as Personal Banking Income Grows 11%

August 23, 2023
Citi has introduced a series of new offerings designed to streamline its retail banking business. The new services, announced Wednesday (Aug. 23), come weeks after the banking giant reported a jump in revenue from its personal banking business. Among these services is something called “Relationship Tiers,” which Citi compared to a hotel or airline rewards program. According to […]

Chase Plans Expansion In Top US Markets In 2019

March 13, 2019
Chase has announced it is expanding its retail footprint into nine of the top American markets, as well as opening dozens of new locations in the greater Washington, D.C area,...

Aspiration Raises $47M To Grow “Ethical” Online Bank

December 13, 2017
Aspiration, the online bank launched by a former speech writer for President Bill Clinton, has raised $47 million in Series B funding from a variety of celebrities and celebrity investors....

CO-OP Shared Branch Surpassed Chase In Number Of Branches

August 03, 2017
The CO-OP Shared Branch network announced Wednesday (Aug. 3) that it has passed Chase in the number of branch offices, making the credit union cooperative the second-largest network of financial...