by Market3 | Sep 24, 2020 | Research News
New York-based Moven had planned to spin off its digital bank, but the coronavirus crisis put a dent in the project’s funding. Challenger bank Moven is recommending its consumer banking customers move their accounts to Varo Money, as the company pivots from...
by Market3 | Sep 24, 2020 | Research News
“Part of our original vision … was to improve the lives of tens of millions of consumers, so that becomes a more critical imperative for us,” Moven CEO Marek Forysiak said. For challenger banking pioneer Moven, the pivot away from direct-to-consumer...
by Market3 | Sep 24, 2020 | Research News
US-based neobank Moven is closing all accounts within its consumer unit on April 30, per American Banker. Moven was founded in 2011, initially operating its direct-to-consumer (DTC) model with basic features like a debit card, access to 40,000 ATMs, and personal...
by Market3 | Sep 24, 2020 | Research News
The wind-down of Moven’s mobile bank could be a big opportunity for Varo Money to add mobile-friendly consumers to its rapidly growing base. Moven will now begin reaching out to U.S. banks and credit unions as an enterprise partner. Both parties expect the...
by Market3 | Sep 23, 2020 | News, Research News
Successful work with TD Bank Group, Westpac and others improved insitutions’ ability to acquire, retain and grow customers through increased speed to market October 22, 2018, New York – Moven Enterprise, the smart-banking solutions division of Movencorp, Inc,...
by Market3 | Sep 23, 2020 | Research News
How Banks Can Leverage Artificial Intelligence + Machine Learning To Gain A Competitive Advantage Click HERE to read leading global insights into the fast-moving trends that are impacting your customers today and why it is critical to take action to partner with a...
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