Bankmobile news and trends

T-Mobile Pilots T-Mobile Money
Mobile Applications // November 29, 2018

T-Mobile is considering launching a mobile banking service called T-Mobile Money, which comes with benefits for the company’s wireless customers. According to 9to5Google, T-Mobile Money is currently in an early pilot program. It will work like a traditional bank, and since it is backed by...

Mobilizing Student Loan Disbursements
Disbursements // September 10, 2018

As if accidents and disasters aren’t bad enough, handling the ensuing insurances claims can in itself become lengthy debacles. Underscoring that process, or seeming lack thereof, is the fact that over 65 percent of insurance payments are still made via paper checks. In the latest...

TRENDING: The Overdue Overhaul For Insurance Settlements
Disbursements // September 07, 2018

In the aftermath of an accident or loss, filling out an insurance claim is never an enjoyable experience. However, when that time comes, consumers want, and expect, to be able to access their funds quickly so they can afford to pay for recovery and repairs —...

Customers Bancorp Sells BankMobile For $175M To Flagship Community Bank
Partnerships / Acquisitions // March 09, 2017

Customers Bancorp, the parent company of Customers Bank, announced Wednesday (Mar. 8) the execution of a purchase and assumption agreement to sell the assets and liabilities of the BankMobile unit. In a press release, the company said the sale includes all deposits, technology, intellectual property...

Quick Reads
Google Expands Digital DDA Program To Six New FIs

August 03, 2020
Six additional U.S. banks and credit unions (CUs) have signed on to offer checking and savings accounts through Google Pay. BankMobile, BBVA USA, BMO Harris, The Coastal Community Bank, First Independence Bank (a federally designated minority depository institution) and SEFCU will join Citi and Stanford Federal Credit Union in the offering beginning next year. “We […]

T-Mobile Pilots T-Mobile Money

November 29, 2018
T-Mobile is considering launching a mobile banking service called T-Mobile Money, which comes with benefits for the company’s wireless customers. According to 9to5Google, T-Mobile Money is currently in an early...

Customers Bancorp Sells BankMobile For $175M To Flagship Community Bank

March 09, 2017
Customers Bancorp, the parent company of Customers Bank, announced Wednesday (Mar. 8) the execution of a purchase and assumption agreement to sell the assets and liabilities of the BankMobile unit....

BankMobile Bulks Up With New Mobile Tech Division

August 26, 2015
America’s first no-fee online and mobile bank just got a little bit bigger. BankMobile announced yesterday (Aug. 25) the launch of BankMobile Technologies — a new division that will be...