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In Commonwealth Bank's half-year results released on February 10, 2021 it was shown that one-third of new credit card approvals were for their Neo card. For NAB, the StraightUp card is accounting for a similar percentage.
Bank of America's virtual assistant, Erica, has reached 7 million users since its nationwide rollout in June 2018 with 49% of Erica's users being millennials, followed by Generation X (20%), baby boomers and seniors (16%) and Generation Z (15%).
Bank of America announced that it has rewarded small business clients participating in Preferred Rewards for Business with approximately $175 million in benefits during the inaugural year of the program.
SunTrust announced that five million people have taken a step to improve their financial wellness through tools, tips and counseling from The onUp Movement. Launched in 2016, after uncovering that 75% of Americans were experiencing financial stress, SunTrust launched "onUp," a national movement for financial confidence.
BBVA clients interestedin a personal loan who consulted the scoring andcomments of other users about the digital process of applying for a loan,accounted for 4.4 percentage points increase in customers deciding topurchase the loan.
Member Notices
If you want any help assembling or analysing information from BankBulb on retail or business banking, simply email us and we'll be happy to assist.
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OUR PICK OF THE MOST DISTINCTIVE PROPOSITIONS of the QUARTER
Customers have option to create a unique secure link or a QR code to any person with a UK bank account and send via WhatsApp, SMS, or Facebook Messenger.....[read here]
Customers can set up a pocket for a specific, frequent type of expense (such as groceries or clothing), then link a card to that pocket....[read here]
Recognising the fact that a growing number of workers are challenged with finding a mortgage provider....[read here]
6 partner jars have a minimum spend requirement in order for customers to maintain the 5% interest rate promo in the following month....[read here]
Business customers can create up to 10 pots...[read here]