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 | Media News, 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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