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FintechNews RoundupUSA
·Feb. 11, 2020

Monzo CEO Tom Blomfield Shares his Perspective on Traditional Banks

Tom Blomfield believes that banks focus too much on their existing financial products such as mortgages, loans and credit cards;...
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FintechNews RoundupUSA
·Feb. 11, 2020

Psychologist Shares Why Customers are Loyal to Old Institutions and What New Entrants Can Do to Attract Customers

Consumers have plenty of options when it comes to financial services; despite the success of fintechs around the industry, some...
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FintechNews RoundupUSA
·Feb. 11, 2020

Umpqua Bank Struggles to Stay People First

One of Umpqua Bank’s selling points is they are a people first institution but Business Insider found that the mission...
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FintechNews RoundupUSA
·Feb. 10, 2020

The Vanilla Checking Account is Dead, What Will Replace It?

In his weekly Forbes column, Ron Shevlin puts forward the suggestion that checking accounts as we know them today are...
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FintechNews RoundupUSA
·Feb. 10, 2020

More Companies Implementing Financial Wellness Plans for Employees

Financial wellness programs are slowly becoming the norm in corporate America; a recent survey showed that at companies with more...
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FintechNews RoundupUSA
·Feb. 10, 2020

Citi Begins Testing Virtual Agents in Commercial Call Centers

Citi has pledged to digitize every aspect of their business and so the company has started to text the idea...
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FintechNews RoundupUSA
·Feb. 10, 2020

The Battle Over Data Access Between Fintech Startups and Banks

JPMorgan Chase and PNC, two of the largest banks in the country, are increasingly at odds with companies like Plaid...
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FintechNews RoundupUSA
·Feb. 10, 2020

Bank of America Pushes Innovation with Patents

Bank of America earned 418 patents in 2019, which is 100 more than the 318 they earned in 2018 and...
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FintechNews RoundupUSA
·Feb. 10, 2020

Ally Adds Automated Savings to Deepen Customers Relationships

Ally Financial recently added an automated savings tool to their product set that the company believes will help them deepen...
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FintechNews RoundupUSA
·Feb. 10, 2020

Crypto Scams Topped $4bn in 2019

According to crypto analytics firm Chainalysis there was more than $4bn stolen from investors in 2019, which counts as the...
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