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A scrappy Oklahoma bank schools the industry on branch strategy

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February 11 · Issue #121 · View online
Tearsheet Weekly Newsletter
A scrappy one-branch bank in Oklahoma is turning its excess branch and office space into co-working space for business customers.
Banking and investment startup Aspiration, takes aim at incumbents by emphasizing its social mission and lower fees. Inside Aspiration’s 
Banking and investment startup Aspiration, takes aim at incumbents by emphasizing its social mission and lower fees. Inside Aspiration’s ‘values-based’ marketing strategy.
Banking and investment startup Aspiration, takes aim at incumbents by emphasizing its social mission and lower fees. Inside Aspiration’s ‘values-based’ marketing strategy
Three-year-old bank Monzo has grown its customer base over five times in one year. Here’s how the U.K. challenger bank turned its customers into a loyal community.
The latest Chinese government crackdown shows what happens when fintech reaches new levels of maturity. The Chinese central bank is reining in “social credit” scoring models by companies like Tencent and Alibaba that use consumer data from purchases and social behavior.
Seven years after Moven came out with its Mint-like budgeting app and debit card, it’s establishing a joint venture with Japanese financial services giant SBI Holdings. The goal: To buy a bank.
Tandem, one of the U.K.’s largest challenger banks, is upgrading its mobile experience to deliver personalized, data-driven insights.
A convergence of public and enterprise blockchains is on the horizon, according to the CEOs of two of the most high-profile companies in the space, Chain and Blockchain. Here’s the scoop.
Deirdre Ives lead Citi’s prepaid card business through an acquisition by Wirecard. Wirecard’s Managing Director of North America joins us on the podcast to discuss innovation, Chinese payments, and mobile wallets.
Personal Capital launched a sustainable investment product to engage existing customers and attract new ones. Sustainable investments is a way the company can market the value of its hybrid advice model.
Transferwise is building on its consumer peer-to-peer cross border payments product by moving into cross-border payroll – letting businesses use it to pay employees in other countries.
Add Overstock to the major retailers blurring the lines between retail, technology and financial services.
Citi’s focus on innovation combines internal programs with a venture investing arm. Vanessa Colella is the bank’s Chief Innovation Officer and she joins us on the podcast to talk about global innovation.
What we're reading
Banks shutter 1,700 branches in fastest decline on record
Choosing a bank is about to become as ruthless as shopping for flights, taxis, and hotels
Goldman Sachs in talks with Apple to finance iPhone sales
The UK and China strike a boatload of fintech deals
WhatsApp has launched person-to-person payments into beta in India
Federal Reserve shackles Wells Fargo after fraud scandal
Fintech firms look to enter banking via century-old tactic
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