Mobile banking

Customers will enter or modify their financial goals in Life Sync, which will immediately alert their financial advisor. 

How digital capabilities are supporting small business operations amid disruption

Mobile banking use has swelled since the pandemic hit, and law enforcement officials expect hackers to target the credentials of digital novices. The FBI stressed the importance of two-factor authentication and ensuring consumers know how to spot fake apps that carry malware.

An online war is underway for deposits, as a wide range of players — traditional wealth managers, big banks, digital-only platforms and fintechs — offer high-interest savings and checking through apps and websites.

The fintech raised $323 million and is expanding trading of cryptocurrency.

The move, reported by The Wall Street Journal, could be part of a deeper foray into co-branded cards by Goldman, which has been expanding into consumer finance through its Marcus unit.

The bank says it has restored access, but it hasn’t explained how a fire-suppression system at one facility could cause a nationwide outage across all of its channels, or how its system as a whole could have been left so vulnerable to the incident.

Customers reported being unable to access online banking, mobile banking or their debit cards.

How this startup is convincing its customers to sign up not only for investing accounts, but also retirement savings and banking.

Noah Kerner, CEO, Acorns and Suleman Din, Technology Editor, Financial Planning

Acorns, the mobile microinvesting company, wants to be known for helping customers manage saving and spending — and that's it, CEO Noah Kerner says.

The app also allows clients to use the Zelle person-to-person payments service.

The Minneapolis bank is pitching the automated investment advice platform, a joint venture with a BlackRock unit, to a wide range of age groups, not just younger consumers.

Mobile wealth management products have grown 300% in the past year, with retail banks serving up the majority. But there's an opportunity for RIAs to improve the client experience.

The fresh funding demonstrates the support behind the concept of simple apps that help consumers save and invest.

With millions of Alexa and Google Home devices now in use, first-mover banks are rapidly developing services to let customers control their finances using only their voice — even if there are still many kinks to work out.

Acquiring a retirement savings tool provider allows the app to broaden its offerings to millennial clients.

Stash is the latest young fintech to pair debit and savings products with financial advice as it competes for clients.

Catering to young clients, Finn by Chase blends instant account access, emojis and PFM tools.