Orum is creating financial infrastructure allowing for real-time money movement in the U.S. In its own words, “Orum’s API-based products will give enterprise customers unique funds-availability modeling, empowering them with the information required to shift to real-time payments, and enable access … READ MORE
COMMENTS [ 0 ]Category Archives: Banking
How Orum is Enabling Real-Time Payments (part one)
Founded in 2019, Orum is creating financial infrastructure allowing for real-time money movement in the U.S. In its own words, “Orum’s API-based products will give enterprise customers unique funds-availability modeling, empowering them with the information required to shift to real-time payments, and … READ MORE
COMMENTS [ 0 ]Should the U.S. Postal Service Offer Basic Banking Services?
Could it provide affordable financial services for underserved families, and, at the same time, shore up its own financial footing? Bank branch closures are an ongoing phenomenon hitting rural and socioeconomically challenged communities particularly hard. So why not provide low-cost … READ MORE
COMMENTS [ 0 ]CMO Interview with Jennifer Marino
Jen Marino was most recently the Chief Marketing and Customer Officer at Rockland Trust Company, where she led the company’s branding, communications, strategic planning, and customer experience efforts. Rockland Trust is a $11.5 billion community-oriented commercial bank serving eastern and … READ MORE
COMMENTS [ 0 ]Doconomy: Banking Service With an Environmental Conscience
Founded in September of 2018 by Helena Mueller, Johan Pihl, Mathias Wikström, Fredrik Lagertrad, and Nathalie Green, Doconomy is a mobile banking service developed to inspire changes in consumer behavior to reduce unsustainable consumption and carbon emissions. Doconomy bills itself as a … READ MORE
COMMENTS [ ]17 Questions with Scarlett Sieber
Scarlett Sieber is Managing Director, Chief Strategy and Innovation Officer at Catalyst Consulting Group (“CCG”), a management consulting firm that advises clients on the direction of banking and helps them develop strategies that deliver profitable growth and competitive advantage. Scarlett is … READ MORE
COMMENTS [ 0 ]The New Financial Health
Ideas of financial health have long been rooted in the concept of “financial literacy,” and dominated by educational approaches designed to teach people how to better manage their financial lives. While financial literacy is important, and it should be taught … READ MORE
COMMENTS [ 0 ]CEO Interview: Dan O’Malley of Numerated
In April of 2014, Eastern Bank, the largest community bank in Massachusetts with approximately $9.8 billion in assets and the largest and oldest mutual bank in the country, hired the team behind virtual banking startup PerkStreet and created Eastern Labs, … READ MORE
COMMENTS [ 0 ]How Raisin Helps European Savers
The vast majority of Europeans do their banking locally, earning on their savings whatever is paid by the banks in their home markets. Raisin aims to change that. Founded as SavingGlobal in 2012 and based in Berlin, Raisin is an … READ MORE
COMMENTS [ 0 ]MoCaFi Preparing to Take on Alternative Finance
Mobility Capital Finance, Inc. (“MoCaFi”) is building a platform that reimagines how financially underserved individuals can live. MoCaFi seeks to provide people with the opportunity to migrate from alternative financial services to more mainstream offerings via a mobile app. In … READ MORE
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