-
The Tale of Two Personal Finance SPACs: What MoneyLion And Mark Cuban-Backed Dave's Have To Say About Earnings
Thursday, November 17, 2022 - 11:36am | 644Two companies in the personal finance space went public via SPAC merger with high hopes of continuing customer growth and new product offerings in a shift to digital banking and non-traditional banking. The stock prices have fallen drastically. Here’s what happened. MoneyLion Shares Fall:...
-
How Community Financial Institutions Can Level Up with Technology in 4 Steps
Saturday, April 2, 2022 - 1:38pm | 1135By Gabe Krajicek, CEO of Kasasa Community financial institutions (CFIs), such as banks and credit unions, have always been the backbone of the communities they serve. At present, they are fighting challenges with perception, technology, and marketing. While many CFIs are phenomenal at personalized...
-
American Express Shares Hit New 52-Week Highs On Digital Checking Account Launch: Here Are The Details
Tuesday, February 8, 2022 - 3:22pm | 439Credit card and financial technology company American Express (NYSE: AXP) announced a new product launch Tuesday that is helping send shares to new highs. What Happened: American Express announced the launch of its new American Express Rewards Checking Account. The launch marks the first all-...
-
HSBC Remains EU's Largest When It Comes to Assets But Will Get Smaller By 35,000 Jobs
Thursday, February 20, 2020 - 12:25pm | 758HSBC (NYSE: HSBC), Europe's largest bank in terms of assets, revealed a major reorganization decision that would decrease the total number of staff from 235,000 to around 200,000 in the next three years. This is a decrease of 15% in the workforce, and it is probably one of the deepest...
-
3 Reasons Why You Shouldn't Overlook Checkbook Balancing
Tuesday, November 25, 2014 - 4:02pm | 922In an age where cell phones can measure your heart rate, GPS can sort out the worst traffic jams and computers can predict your next words, the art of checkbook balancing has fallen unfashionably out of favor. Electronic banking has all but replaced traditional paper statements and automatic...
-
Apple's Next Big Innovation: Banking, Credit Cards And Other Financial Services?
Monday, May 5, 2014 - 3:58pm | 578Would you deposit your check directly into the App Store? Some iPhone-obsessed consumers might be willing to do that every once in a while, but most would still prefer to access their money through more traditional methods (such as an ATM). Apple (NASDAQ: AAPL) is unlikely to provide that...