The new report “Understanding Consumer Choice: A Review of Consumer Overdraft Behaviors”, sheds light on the burning question — why do consumers use overdraft?
Mamhikoff will expand the company’s relationships with senior financial executives in the Canadian market, bringing considerable expertise in strategy, performance measurement, risk management and technology.
For the fifth year running Novantas is ranked among the FinTech Top 100.
“If you couldn’t move money in and out easily, you wouldn’t use” their service, according to Lee Kyriacou, a managing director at Novantas.
Online-only banks can let you deposit checks from your phone, but the same can’t be said for cash. In fact, it’s a transaction they haven’t completely figured out.
The digital financial services space is exploding in activity as new technology companies push their way into markets and product lines that traditionally have been the banking industry’s turf.
The banking industry has a lot of room to close more branches, even after shuttering thousands of offices in recent years. “Fundamentally, the industry is at an overcapacity,” said Kevin Travis, a managing director at Novantas.
Les Dinkin, Managing Director of Novantas, Inc., was one of the industry officers elected to the Board for a three-year term.
The Novantas 2015 HELOC Consumer Survey included 1,692 participants drawn from recent purchasers, seasoned borrowers, and prospective applications across all age and income groups.
New providers spring up offering cross-border transactions.