Perficient

JANUARY 25, 2023

According to the Federal Deposit Insurance Corporation (FDIC), in 2000, there were 8,000 commercial banks in the United States, but as of March 2022, that number had dwindled to 4,194 operating physical bank branches.

Banking Trends 474

Banking Trends Trends United States FDIC 474

PYMNTS

NOVEMBER 1, 2018

And that is a bank – one with FDIC insurance and safeguards that keep their money safe. That said, for banks to translate that trust into consumer loyalty and revenue in this digital and mobile age, they need to design products that emphasize security as much as UX, and to market their products appropriately.

Fintech 191

Fintech UX Mobile Innovation 191

Perficient

AUGUST 9, 2022

Greenwood operates completely online, but they partner with FDIC-insured banks and are part of a global ATM network that allows members to use more than 100,000 ATMs fee-free when they need to withdraw and deposit physical cash and checks.

Community 275

Community Customer Experience ATM Examples 275

Fintech Labs Insights

MARCH 4, 2019

Self Lender’s bank partners, put aside the total of all the monthly payments into an FDIC deposit account. Users choose a monthly payment amount they can afford and set up an auto payment to Self Lender for that amount. The total “loan” and repayments are reported to the three major credit bureaus.

UX 12

UX Austin Security Cards 12

Fintech Labs Insights

JANUARY 15, 2021

Rho has positioned itself for the more sophisticated business touting its $75M in deposit insurance (via a network of FDIC-insured banks), QuickBooks integration, accounts payable tools (ala Bill.com), low-cost FX and global transfers and even access to venture debt providers. Which is a bit of a problem from a marketing UX standpoint.

Fintech 15

Fintech UX Austin FDIC 15

Fintech Labs Insights

JANUARY 15, 2021

Rho has positioned itself for the more sophisticated business touting its $75M in deposit insurance (via a network of FDIC-insured banks), QuickBooks integration, accounts payable tools (ala Bill.com), low-cost FX and global transfers and even access to venture debt providers. Which is a bit of a problem from a marketing UX standpoint.

Fintech 15

Fintech UX Austin FDIC 15

PYMNTS

SEPTEMBER 18, 2020

Accounts are FDIC-insured through a partnership with Bancorp Bank. Challenger banks also face the challenges of an increasingly crowded field (and the challenge of offering the higher rates on deposits that lure consumers), where product differentiation – via UX – is key.

Los Angeles 231

Los Angeles UX Cards FDIC 231