November 20, 2017

Long Awaited Uber Card Does Not Disappoint

This month, Barclaycard and Uber officially released the Uber Visa credit card. The highly anticipated card targets Millennials with benefits catered toward the spending habits of Uber customers. Along with no annual fee, the card includes a best-in-industry 4% cash back at restaurants (including UberEATS); 3% back on airfare, hotels and vacation home rentals; 2% […]

November 06, 2017

Pay Back a Friend Day: Bank of America Extensively Promotes Zelle

In an effort to promote its newly implemented Zelle money transfer service, Bank of America declared October 17 Pay Back a Friend Day, heavily promoting it through video and social media advertisements as well as interstitial login pages. The firm “holiday” continues its Zelle-related Friends Again marketing campaign that joins its recent Friends Again Report […]

November 02, 2017

Faulty Zelle App is a Missed Opportunity

Bank-sponsored P2P transfer service Zelle recently followed up on promises of increasing momentum behind the service with the launch of a standalone app. Already available in the mobile apps of certain participating banks, Zelle’s new app brings the service to nearly every U.S. bank account holder with a linked debit card. At launch time, the […]

October 09, 2017

Amex Debuts Interest-Saving Payment Option, Plan It

The past 12 months have been busy for American Express, which has been making large pushes to expand its presence in the lending space. The newest launch applies to owners of Amex’s consumer credit cards. The Pay It Plan It feature enables cardholders to pay off part of their balance, and defer larger transactions for […]

September 13, 2017

Global P2P Transfer Service Abra Enables Funding with American Express

After receiving an undisclosed amount from American Express during its Series A funding round in September 2015, blockchain-based P2P transfer service Abra recently announced a partnership with the credit card provider. By allowing U.S. customers to fund their bitcoin wallets with American Express cards, the startup hopes integration with a well-established payment network will attract […]

August 28, 2017

Staying Ahead of the Curve with Financial Time Travel

Despite the obvious convenience of all-in-one cards, most providers have struggled to move from concept to delivery. Many found mass production of concept cards too difficult a problem to solve, while others encountered new problems, such as increasing the chance of charging purchases to the wrong card, unique to all-in-one cards. Easing these pain points […]

August 17, 2017

Credit Card Product Update – 2017 Q1 & Q2

The Credit Card Product Update slide deck examines new product releases from 11 credit card carriers in the Credit Card Monitor coverage group in the first half of 2017. Inside, we highlight basic fee information, rewards criteria and specific standout features unique to each card and include a chart showing what firms feature which digital payment services for their product offerings.

August 16, 2017

Around the Industry: Bank of the West

To ensure comprehensive research services, Corporate Insight’s Bank Monitor occasionally looks beyond the usual coverage group and profiles less well known financial institutions from around the industry. We recently looked at the private site online banking experience from Bank of the West, evaluating its capabilities and user interface. Originally launched in 1874 as Farmers National […]

August 07, 2017

Beating the Odds: Banks and Brokerages Report Stronger-Than-Expected Earnings

Big banks and brokerages are celebrating their quarterly earnings reports. But how they’re communicating their successes to investors says a lot more than the numbers themselves. Bank of America, Citigroup, Goldman Sachs, J.P. Morgan, Morgan Stanley and Wells Fargo all beat their estimated earnings, marking the current optimistic sentiment that’s resulted from rising interest rates […]