A bit slow if you ask me.
Got the 43rd and 44th largest bank in US over the weekend. Both $23 Billion and change.
Smartphone penetration hit 60% of the US mobile subscriber market during the 3-month average ending in July, according to new figures from comScore. Penetration had most recently stood at 59% for the prior 2 months, although Nielsen had pegged the figure at 62%. Compared to the 3-month period ending in April (one quarter earlier), Apple’s share of the market grew by 1.2% points to 40.4%, while Android slipped by 0.2% points to 51.8% share.
If it gets above 6 resistance is gone.
Most Potential Impact is a great award to win. And voted upon by peers in the financial community.
This means the all believe in big sign-ups for this product!!
Hope Mitek is going to be getting a decent rate on this new product. I believe I read that they're still going to use channel partners and only go direct on some of the large banks. Customer acquisition should be worth a lot more than customer convenience products. Wonder if we'll get a hint on pricing at next CC.
Credit Cards, Merchant Cards, PayDay Loan Companies, .... MPAO is looking better and better all the time!
Plus, note that Mitek working with banks to relax their limits by using "For Deposit Only" on the check. This opens a new strata of deposit transactions.
US Bank seems to be the most forward thinking and fast moving bank of the majors so I would expect to hear an announcement of them getting on board in pretty short order.
Also, it's not just Bank account opening but also Credit Card account opening...and people can have several credit cards from a variety of banks so there's the possiblilty for multiple usages per consumer.