Post Tagged with: "mobile apps"

© Can Stock Photo / ponsulak

Why Lenders Should Consider Offering an Auto Lending App

IT, Payments May 2, 2018 at 1:45 pm

This summer will mark the 10th anniversary of the debut of the app store which has grown to more than 2.2 million apps, which have come to occupy five hours of a consumer’s day. But, are lenders doing enough to capture that valuable screen time? Billions of smartphone owners useRead More

What Makes a Mobile App Great?

What Makes a Mobile App Great?

IT, Sales & Marketing April 29, 2016 at 1:51 pm

Bank transactions are shifting rapidly from brick and mortar branches to mobile devices (no, really, when was the last time you’ve physically deposited a check?). Having a mobile app used to be a lovely addition to lenders’ offerings, but for many customers today those apps are the primary method ofRead More

3 Tips for Improving  Mobile Apps

3 Tips for Improving Mobile Apps

Best Practices, Guides, Operations, Payments February 15, 2016 at 11:00 am

It’s old news to say that mobile apps are gaining traction in the financial services space. In fact, 45% of customers surveyed in the NetFinance 2016 Consumer study said that mobile apps were their preferred method of interaction with their banks. Auto lenders have recognized that trend, and have looked into leveraging their digitalRead More

4 Ways BofA’s Patents Portend the Future of Auto Finance

4 Ways BofA’s Patents Portend the Future of Auto Finance

IT, Payments, Risk, Sales & Marketing April 1, 2015 at 12:24 pm

Quick quiz: How many patent applications were filed by Bank of America Corp., the 7th-largest auto finance company in the nation, in 2014? 97 3,145 251 14 No clue If you answered C, you were correct. (If you answered E, our sympathies.) A few of those 251 patent applications relate to autoRead More

Auto Lenders Slow to Embrace Mobile Options

Auto Lenders Slow to Embrace Mobile Options

Best Practices, Operations, Payments February 5, 2014 at 2:51 pm

Does the auto finance space lag behind others in the industry when it comes to the availability of innovative mobile payment options?