Branches Still Matter Even as Mobile Growth Continues, JPMorgan Chase Says
EXCLUSIVE— With 12% growth in mobile active customers year over year, JPMorgan Chase is quite aware of mobile banking’s growing ...
Tag: earnings
China Rapid Finance Is Expecting to Add 3M New Borrowers by End of 2017
EXCLUSIVE — Shanghai-based online lender China Rapid Finance reported a 240% growth in consumer loan volume year-over-year and is expecting ...
Traditional FIs Now Driving Cashless, Contactless Payment Adoption, USA Technologies Says
EXCLUSIVE— Contactless, cashless payments are on the rise in retail, driven forward as payment companies like Mastercard and Visa increase ...
Tencent Will Increase Investment in Payments, AI
Tencent Holdings will be increasing its investments in financial technologies like artificial technologies and in payments, the company stated during ...
Is Lending Club Back?
Better originations, better sales, more revenue: wow, did Lending Club just report a positive quarter? With the results reported on ...
OnDeck Will Focus on Better Borrowers, Expanded Partnerships to Grow Originations
OnDeck is turning towards upgraded features, expanded partnerships, and higher-quality borrowers to jolt its originations back towards growth. The online ...
Bank of America, Chase Pull Ahead of Wells Fargo in Mobile User Growth
Overall, mobile banking usage is still growing, but more quickly at some financial institutions. Bank of America Corp., which reported ...
Record Number of Banks Want to Partner with Lending Club
Lending Club might be through the woods, thanks to banks. Banks made up a "record" 40% of the lender's almost ...
PayPal Wants SMBs to Get Excited About ‘Business in a Box’
PayPal wants this to be the year it grows closer with merchants and small businesses. The payments company launched what ...
Bank of America Customers Have Sent $8 Billion in P2P Payments
Bank of America’s mobile customers are fast embracing P2P. “We remain a leader in digital banking and continue to see ...
