Fintech Labs Insights

DECEMBER 2, 2019

Metrics: In Q3, @bankmobile (digital unit of @CustomersBank ) books small profit ($900k pre-tax) despite $4M fraud loss + $1M legal bill. Wells Fargo’s Greenhouse has UX issues to overcome ahead of national rollout. UX Tips: U.S. BankMobile posted its first profitable quarter in the period ending Sep 30, 2019.

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Fintech Labs Insights

SEPTEMBER 1, 2020

Missed this fintech event from NYC-based entrepreneur network Entre in June (2020). The competition pitted six fintech companies against each other to win a bag of in-kind services (design, legal, etc). Synkbooks (aka Tax Labs Inc.). Related: The 18 Fintech Startups in the 2020 INC 500.

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Fintech Labs Insights

APRIL 22, 2020

With $5k in savings, the top 3% tier only nets $12/month before-tax (or $9 to $10 after-tax). However, for the top savers that bank is targeting, e.g. those with $50k in savings, the extra yield (130 BP over other high-yield accounts) amounts to a meaningful $600 to $700 annually (before tax). Digital Banks for Small Businesses.

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Fintech Labs Insights

MAY 30, 2017

” SuperMoney also hosts a wealth of personal financial information on topics ranging from auto insurance and business credit cards to tax planning and wealth management. The post SuperMoney Brings a Kayak-Like UX to the Online Borrowing Process appeared first on Finovate. Magazine’s 2015 ranking.

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