BM Technologies, Inc. (BMTX) Social Stream
Featured Post From StockTwits About BMTX
$BMTX One more article from a few weeks ago. Based on the survey, Bank Mobile should get more than 10% of all Google Flex accounts. That could be millions if it comes close to what Apple Pay has done.Internole, published August 13, 2021
Why Apple Pay + Buy Now Pay Later Will Drive Banks to Google Plex
By Bill Streeter, Editor in Chief at The Financial Brand
"Google Plex may be many financial institutions’ best hope of staying relevant up against the likes of the Apple/Goldman Sachs partnership.", Richard Crone, CEO of Crone Consulting. “There is an open opportunity for those that manage checking accounts to come out with the same set of features, starting with digital account opening at Apple Card speed and adding all the functionality that the Apple platform offers,” says Crone. “And the white knight for doing that is Google Plex.”
The most conservative source estimates that roughly 3% of U.S. adults use Apple Pay about once a week. But others show much higher use.