5 Things You Don’t Know Because You Didn’t Go to BAI Retail Delivery
Maybe you know some of these points. But you do not know all unless you were there at the Washington Convention Center for the October BAI Retail Delivery confab. And even then, were you paying attention?
1. The Big Banks Are Primed for a Fall
2. Sir Richard Will Do Anything to Close a Deal
What will you do?
3. Good Mobile Banking Apps Hunting
A fact: today’s mobile banking apps may be popular with users but just about everybody concedes they are bland, boring, and not keeping up with the current generation of apps that tap the full range of substantial power built into late model iPhones and Androids.
4. PFM Tools Are Great - Too Bad No One Uses Them
Personal finance managers – think Intuit’s Mint – have gotten slick. On a panel – featuring senior executives from Bank of America and Canada’s BMO – the consensus was that those who use a bank-provided PFM are stickier, more profitable customers.
5. Bluebird Is No Threat to Bankers (or Credit Unions)
People at BAI were buzzing about Bluebird – the essentially free financial account from Walmart and American Express – but the prevailing opinion is that this will gore somebody else’s ox.