Alternative lender LendingTree is expanding with the acquisition of Ovation Credit Services, the company said May 11. The marketplace lender, which facilitates financing for consumers and small businesses, will pay $20.75 million for the credit services company
The transformation of retail banking has only just begun, with the pace of change only getting faster. The focus on digital delivery goes beyond online and mobile banking apps to the core of the entire banking operations. Without back-office modernization, the front-facing digital technologies will eventually fail to deliver the experiences expected by today’s consumer.
The most successful businesses worldwide have made it mostly due to their customers, support and trust, plus a brilliant marketing campaign(s). Of course that is ridiculously simplifying it but you get the idea. Financial institutions, however, are very often faced with a lot of skepticism and a lack of confidence from their consumers about getting help with their money.
Not many people are comfortable letting others know the state of their finances — their current-account balance, size of mortgage, loans, even how much they earn. Money is, after all, private. Which is why chatbots are going to be big in banking.
Financial services marketers keep customers the same way they attracted them. So if they bought the customers with financial incentives
We’ll discuss how Patrick McLean guides the “America’s Most Convenient Bank” brand through an era of digital transition.
As in years past, this online event will explore the best practices, trends and case studies in direct marketing.
Fintech firms and bigtech organizations are capturing more and more of the banking value chain, providing services such as payments.
PayPal recently announced a number of new banking features to target people who don’t keep their money in banks.
Fintech firm Bankorus and the creator of China’s first “robo-advisor,” has announced 3 new additions to its expanding executive team.