Remove Innovation Remove Marketing Remove Rhode Island
article thumbnail

Bitcoin Daily: Rhode Island’s Blockchain Act Aims For Crypto Rules Too; Rapper Akon Details Crypto Plans

PYMNTS

Our proprietary Atomic Swap technology enables immediate trade between major cryptocurrencies, our partners’ alternative currencies, and fiat currencies — both on the platform and in the local market,” according to the whitepaper. . Ultimately, outside of the villages, you really can’t trade cell phone minutes for anything,” he continued. “So

article thumbnail

Citizens Access Targeting ‘Optimizers’ to Grow Deposits Beyond the Bank’s Footprint

Bank Innovation

Citizens Access, the digital-only arm of Rhode Island-based Citizens Financial Group, has grown to about $4 billion in deposits, mostly from new customers outside the bank's traditional footprint, since its launch in July 2018. If you build it, the optimizers will come.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

25 Million Mobile Users, Only 2 Million on Bank of America’s Erica

Bank Innovation

Keep in mind that we started the rollout earlier this year with Rhode Island (which has a relatively small population) and completed in all markets in June," Betty […]. Bank of America might have 25.3 million active mobile users, but only two million of those users are using the bank's virtual assistant Erica.

article thumbnail

Charles Potts: Fueling growth through innovation

Independent Banker

Demand for digital solutions continues to accelerate, making innovation an imperative for community banks looking to excel in today’s evolving market. That’s why ICBA makes innovation a priority and provides community banks with the information and tools necessary to grow and succeed in today’s competitive landscape.

article thumbnail

DOJ, State AGs To Meet On Antitrust Suit Against Google

PYMNTS

We actually have to take a hard look at whether these behemoths are killing off innovation and competition.”. David Cicilline (D-Rhode Island) ended the hearing by saying the companies “have monopoly power.” Google, Facebook Inc. and other tech companies have been facing backlash from lawmakers and regulators around the globe.

Google 213
article thumbnail

Using Debit Cards To Bridge The Stimulus Accessibility Gap

PYMNTS

Many individuals received the cards in unmarked envelopes and threw them out because the recipients believed they were scams or marketing offers. The cards are expected to reach 4 million consumers and offer them a low-cost method to quickly tap into the funds, but initial rollouts have hit hurdles.

Cards 212
article thumbnail

House Hearing Signals Fireworks On Big Tech Antitrust Issues

PYMNTS

David Cicilline of Rhode Island, who serves as subcommittee chairman. The second hearing focused on innovation and competitive impact on the tech space, and panelists included executives from Apple , Amazon and Google. In some sectors, the balance of these is more ambiguous.