Podcasts about bankmobile

In this eye-opening episode, Dustin chats with Brian Suponcic, Senior Vice President of Sales and Client Operations at BMTX, about the growing issue of enrollment fraud and its ripple effects on higher education institutions. From the rise of "ghost students" to the role of AI in both perpetrating and preventing fraud, Brian shares actionable insights for tackling these challenges head-on. Whether you're a higher ed leader or an enrollment professional, this conversation sheds light on a critical issue affecting the integrity of student enrollment processes and financial aid distribution.Related Links: BMTX Identity Verification™ | Reduce Enrollment Fraud Digital Banking Services | BMTXGuest Name: Brian Suponcic - Sr. VP of Sales & Client Operations at BM Technologies (BMTX)Guest Social: LinkedInGuest Bio: Brian Suponcic currently holds the position of Vice President, Sales & Client Operations at BM Technologies, Inc. (BMTX), previously known as BankMobile. Prior to this, he served in a variety of roles at the company since he began there in 2014, which is part of a two decades long career in education.Brian attended John Carroll University, where he obtained a Bachelor of Science in Business Administration with a specialization in Marketing. He also pursued a Master of Business Administration degree at the University of Phoenix. - - - -Connect With Our Host:Dustin Ramsdellhttps://www.linkedin.com/in/dustinramsdell/About The Enrollify Podcast Network:The Higher Ed Geek is a part of the Enrollify Podcast Network. If you like this podcast, chances are you'll like other Enrollify shows too!Enrollify is made possible by Element451 — the next-generation AI student engagement platform helping institutions create meaningful and personalized interactions with students. Learn more at element451.com.Attend the 2025 Engage Summit! The Engage Summit is the premier conference for forward-thinking leaders and practitioners dedicated to exploring the transformative power of AI in education. Explore the strategies and tools to step into the next generation of student engagement, supercharged by AI. You'll leave ready to deliver the most personalized digital engagement experience every step of the way.Register now to secure your spot in Charlotte, NC, on June 24-25, 2025! Early bird registration ends February 1st -- https://engage.element451.com/register

My guest on the show today is Luvleen Sidhu, CEO and Co-Founder of BM Technologies, Inc. (NYSE American: BMTX). BM Technologies—formerly known as BankMobile—is among the largest digital banking platforms and Banking-as-a-Service (BaaS) providers in the country, providing access to checking and savings accounts, personal loans, credit cards, and financial wellness. The BM Technologies (BMTX) digital banking platform employs a multi-partner distribution model, known as "Banking-as-a-Service" (BaaS), that enables the acquisition of customers at higher volumes and substantially lower expense than traditional banks, while providing significant benefits to its customers, partners, and business. Luvleen was recently Named Winner of Greater Philadelphia Ernst & Young (EY US) Entrepreneur Of The Year® 2022. She's also one of, probably, the youngest public company CEOs (not just MicroCap) that I've interviewed. We discussed all of this, and: What "Banking-as-a-Service (BaaS)" means and BMTX's opportunity here T-Mobile partnership; and, Business strategy around BMTX's announced merger with First Sound Bank expected to close in second half of 2022 With that, please enjoy my conversation with Luvleen Sidhu, CEO and Co-Founder of BM Technologies, Inc. For more information about BM Technologies, please visit: https://www.bmtx.com/, https://ir.bmtxinc.com/, https://www.t-mobilemoney.com/, https://luvleensidhu.com/ BMTX's social channels: https://twitter.com/bmtxinc https://www.facebook.com/bmtxinc/ https://www.instagram.com/bmtxinc/ https://www.tiktok.com/@bmtxinc https://www.linkedin.com/company/bmtxinc Luvleen's social channels: https://www.linkedin.com/in/luvleen-sidhu-021ab258/ https://twitter.com/luvleensidhu (@LuvleenSidhu) https://www.facebook.com/LuvleenSidhuBMTX/ This podcast was recorded and is being made available by SNN, Inc. (together with its affiliates and its and their employees, “SNN”) solely for informational purposes. SNN is not providing or undertaking to provide any financial, economic, legal, accounting, tax, or other advice in or by virtue of this podcast. The information, statements, comments, views, and opinions provided in this podcast are general in nature, and such information, statements, comments, views, and opinions, and the viewing of/listening to this podcast are not intended to be and should not be construed as the provision of investment advice by SNN. The information, statements, comments, views, and opinions expressed in this podcast do not constitute and should not be construed as an offer to buy or sell any securities or to make or consider any investment or other course of action. The information, statements, comments, views, and opinions expressed in this podcast (including by guest speakers who are not officers, employees, or agents of SNN) are not necessarily those of SNN and may not be current. Reference to any specific third-party entity, product, service, materials, or content does not constitute an endorsement or recommendation by the SNN. SNN assumes no responsibility or liability for the accuracy or completeness of the content contained in third party materials or on third party sites referenced in this podcast or the compliance with applicable laws of such materials and/or links referenced herein. The views expressed by guest speakers are their own and their appearance on this podcast does not imply an endorsement of them or any entity they represent. SNN does not make any representation or warranty as to the accuracy or completeness of any of the information, statements, comments, views, or opinions contained in this podcast, which may include forward-looking statements where actual results may differ materially. SNN does not undertake any obligation whatsoever to provide any form of update, amendment, change, or correction to any of the information, statements, comments, views or opinions set forth in this podcast. SNN EXPRESSLY DISCLAIMS ANY AND ALL LIABILITY OR RESPONSIBILITY FOR ANY DIRECT, INDIRECT, INCIDENTAL, SPECIAL, CONSEQUENTIAL OR OTHER DAMAGES ARISING OUT OF ANY INDIVIDUAL'S USE OF, REFERENCE TO, RELIANCE ON, OR INABILITY TO USE, THIS PODCAST OR THE INFORMATION PRESENTED IN THIS PODCAST. By accessing this podcast, the listener acknowledges that the entire contents and design of this podcast, are the property of SNN, or used by SNN with permission, and are protected under U.S. and international copyright and trademark laws. Except as otherwise provided herein, users of this podcast may save and use information contained in the podcast only for personal or other non-commercial educational purposes. No other use, including without limitation, reproduction, retransmission, or editing of this podcast may be made without the prior written consent of SNN.

BM Technologies (BMTX) is a digital, mobile-first FinTech that was born out of BankMobile and boasts ~2M accounts. BankMobile was originally founded by Luvleen Sidhu and developed at parent Customers Bank (CUBI), before ultimately separating and going public via SPAC Megalith Financial Acquisition in January 2021. BMTX recently announced a strategic merger with First Sound Bank and now has plans to become a FinTech bank.Luvleen is part of a family of lifelong bankers. Father Jay is chairman of Customers Bancorp and brother Sam is the CEO of Customers Bank (we recently spoke to him on our podcast). Luvleen sat down with the Know Who Drives Return podcast to discuss BMTX's future as a FinTech bank, digital banking, and rationale for acquiring a bank charter.Boardroom Alpha's SPAC ServiceFor ongoing tracking, analytics, and data on SPACs checkout Boardroom Alpha's SPAC Data and Analytics service.

In this special episode, Sean and Gina welcome Luvleen Sidhu, Founder and CEO of BM Technologies, one of the largest digital banking platforms in the U.S. Luvleen talks about digital first banking and how BankMobile was founded with the premise that banking could be substantially better for consumers, especially regarding affordability and consumer-friendly products that are delivered to not only solve consumer pain points but also address inefficiencies in banking at the same time. Sean and Gina ask Luvleen about accelerating digital banking strategies for community banks and credit unions to enhance their technology quotient and partnerships with banking-as-a-service (BaaS) providers to extend their reach. This podcast is hosted by ZenCast.fm

In 2014, BankMobile was launched as a division of Customers Bank. As opposed to relying only on organic growth, BankMobile quickly grew with a B2B2C strategy, acquiring college student checking platform HigherOne. They also used a white-label strategy with telecom disruptor Sprint Mobile. Recently, BankMobile was re-positioned as part of a separate technology platform available to smaller banking organizations hoping to jump-start their digital banking offerings. The digital bank also announced a partnership with Google to offer their account within the GooglePay app. We are very fortunate to have Jay and Luvleen Sidhu, co-founders of BankMobile on the show. This highly innovative father/daugher combo have been covered by, and contributed to, The Financial Brand and the Financial Brand Forum through the years. They discuss the recent moves by BankMobile and the underlying strategy that has made this evolutionary digital bank a success.

Courtland Ellis is a man of many talents. Currently, he works at BankMobile, a fintech startup where he works on social media strategy, app design, and email marketing. He's previously worked at Aspire Ventures being a lead designer developing company brand assets, app UI design, and illustration and he got his started at The Fictory and Post-Age where he first interned and later was hired as illustrator and design doing game design, motion graphics, post-production, and concept art. In the last ten years, Courtland has honed his skills to be a succesful concept artist, all sprung from his love of comics and cartoons. He sat down with me to discuss his career path, insights on being a professional creative, and advice to young designers coming up in the field.

BankMobile interview with Regine Fiddler Chief Marketing OfficerRegine Fiddler oversees all of BankMobile’s marketing strategies and initiatives. “I am thrilled to be part of this mission to create an incredible brand with a banking experience that’s affordable and relevant to customers,” stated Fiddler. Fiddler has over 15 years of experience successfully building and expanding technology brands and has been a part of BankMobile overseeing product management for over five years. She has a proven track-record of implementing a dynamic and lucrative commercialization strategy to drive adoption and retention. During her tenure at BankMobile, she has implemented an integrated approach to marketing, incorporating Artificial Intelligence and other consumer data to optimize the customer journey and relationship with BankMobile. Fiddler was instrumental in building out the product roadmap and using consumer feedback to create a unique recognition program for students. Prior to BankMobile, she worked on building a technology software and hardware division for a top consumer packaged goods company. Fiddler holds Bachelor’s degrees from Quinnipiac University and New York University, along with a certification from the Direct Marketing Association. “BankMobile continues to exhibit tremendous success in redefining the banking industry by putting our customers at the forefront of our innovation.”

In our latest podcast, Shompa Choudhury (WG ’20) is joined by Luvleen Sidhu, Co-Founder and CEO (formerly Chief Strategy Officer) at BankMobile (https://www.bankmobile.com/index). In this extensive interview, Luvleen explains how BankMobile is leading the way in mobile-first banking by making banking more accessible and affordable. Luvleen also lays out the landscape for digital banking in the U.S. and explains how BankMobile’s B2B2C white label model allows them to create high volume customer acquisition at a low cost through partnerships with large consumer aggregators. Established in 2015, BankMobile is a division of Customers Bank and among the largest and fastest-growing mobile-first banking platforms in the U.S., offering checking and savings accounts, personal loans and credit cards. BankMobile employs a “Bank-as-a-Service” (BaaS) model, which enables BankMobile to acquire customers at higher volumes and substantially lower expense than traditional banks. Its low-cost operating model enables it to provide low-cost banking services to low/middle-income Americans who have been left behind by the high-fee model of “traditional” banks. Today, BankMobile provides its BaaS platform to universities and large consumer aggregators, such as T-Mobile, and currently serves over 60 million members as a top 15 bank in number of consumer checking accounts. Luvleen Sidhu is the Co-Founder and CEO (formerly Chief Strategy Officer) at BankMobile. She is also a member of the BankMobile Board of Directors and Director & Founder of the BankMobile Foundation, where she identifies and funds budding entrepreneurs and organizations that promote financial literacy. Prior to becoming a well-recognized name in the industry, she earned her MBA here as part of The Wharton School at The University of Pennsylvania as part of the Class of 2013.

Fintechs are experiencing high growth as they target the pain points that customers experience with traditional banks according to BankMobile co-founder Luvleen Sidhu. See acast.com/privacy for privacy and opt-out information.

Fintechs are experiencing high growth as they target the pain points that customers experience with traditional banks, according to BankMobile co-founder Luvleen Sidhu.

Fintechs are experiencing high growth as they target the pain points that customers experience with traditional banks, according to BankMobile co-founder Luvleen Sidhu.

At 28-years-old, Luvleen co-founded BankMobile, which in just over four years has become one of America's largest and fastest-growing digital banks. She now serves as their President and Chief Strategy Officer.   Under Luvleen's leadership, BankMobile's executive team created a disruptive, multi-partner distribution model, known as “Bank-as-a-Service” (BaaS), which enables BankMobile to acquire customers at higher volumes and substantially lower expenses than traditional banks.   Links LuvleenSidhu.com Instagram Facebook BankMobile.com

Connect with Fintech One-on-One: Tweet me @PeterRenton Connect with me on LinkedIn Find previous Fintech One-on-One episodes

Banking as a service is a concept that is still in its infancy. There are a few companies today offering different white label services for banks and even consumer brands to enable them to offer different banking services. BankMobile has put their stake in the ground here with their fascinating new partnership with T-Mobile. The […] The post Podcast 200: Luvleen Sidhu of BankMobile appeared first on Lend Academy.

It's not just challenger banks popping up to vie for consumer and business bank accounts. With consumer demand and new empowering technology, It feels like everyone is getting into financial services — from grocery chains to telecom companies. After piloting for half a year, last month, T-Mobile announced a new no-fee, interest-earning, mobile first checking account. Behind that white label offering is BankMobile, a division of Customers Bank. BankMobile's co-founder, president and chief strategy officer Luvleen Sidhu joins me on the podcast today to talk about why everyone wants to get into banking. We talk about BankMobile's own business, its partnerships with colleges, and how they service students through various lifecycles.

Another day, another dollar. Another week, more Corporate Coke & Smack. The energy is well and alive within the CC Smack shop. This week brought dialogue concerning retirees working longer by choice, the proposed "wealth tax" bill that will erase $1.25 trillion in student loan balances, a feature IG is considering releasing that will remove a bit of validation from your profile plus much more! This week's financial discussion surrounds a 4% annual percentage yield (APY)being offered by T-Mobile. They have partnered with BankMobile to bring this product to market. There is a limitation in which the account can only maintain a maximum balance of $3K and you have to be a T-Mobile customer. Our discussion surrounded how companies involving technology and mobile communication are molding the "fintech" space. 4% APY is beating most major financial institutions and even though there is a balance limit, this could serve as an emergency fund to many. Be sure to tune in to hear Tobe's story time. The new gig brought an interesting situation in which Tobe seems to have played well. RATE SUBSCRIBE COMMENT

The Future of White Label Banking Luvleen Sidhu, BankMobile Moderator: Todd Anderson, LendIt Fintech

What Can Hip Hop Teach Us About Money? If you take the time to listen to the lyrics, you can learn about real estate, property appreciation, interest growth, investing and much more from modern hip-hop music.  While I always take note of these nuggets of info, I never had the idea to combine hip-hop with money lessons. It was Eric Patrick that had that brilliant idea, and I have to say kudos to him, because he does a great job combining the two areas!   Side Hustling to Financial Independence Dr. Eric Patrick is a practicing pharmacist by day, but is also the Founder and Chief Investment Educator of Black Market Exchange, LLC.  He is also the Founder of Doc Designs - a social media marketing company that helps to grow social followings for brands, and boasts a 5 figure annual income.  Erik loves to use hip-hop and urban media to make investing fun and easy to understand. Dr. Eric started The BMEX in 2014 after receiving investment questions from many of his friends and family members.   “I knew that if I could link a rapper like Future to explanations on how to dominate the market, but still provide professional and valuable content, people would ride the wave to financial success.” Through his educational site, BMEX, he covers everything from basic financial education like “what is a stock?” to expanding on the definition of REITS. Eric does this through the use of his funny Youtube videos, but he also blogs about trendy investing apps, how to mix travel with investing (financial pleasure), and trends in the market that even the great Warren Buffett would take notice of. He has written for Acorns, BankMobile, Blavity, and Magnify Money.  Eric’s Money Philosophy Eric confidently states that money is a tool, and he is here to show you how to use it to its full capacity.  But his relationship with money wasn’t always so great. After attending Howard University for Pharmacy School, he was buried under credit card, and student loan debt.   We all know that college is expensive, but pharmacy is one of the most expensive programs to pursue in the nation. Eric has made it a goal to keep tackling his student loan debt, but not at the expense of his investing strategy. Eric loves using the snowball method for paying off debt.  His debt has grown, after he gave in to pressures to buy a home soon after college. However, he has plans to grow his income through side hustles, which will help with his debt pay off journey. Find out more about the Snow Ball Method by reading this book:  Growing Up - Money Story Unlike many of our past guests, Eric’s parents work in the financial industry - both being bankers.  He was able to learn about interest from his dad, and about balancing a checkbook from his mom. He had to learn about investing and about other areas of money through curiosity and self-teaching. He continues learning about money now that he has a family of his own! Money and Family Eric has always tried to make money in unique ways.  When he was in college at Howard University, he used to sell lunch coupons in the cafeteria!   As a couple, his wife is the money manager at home and he is the offensive player - going out and making money moves. Every quarter they come together and adjust their spending, but they do quick check-ins as needed. In terms of their two little girls, saving for them has become a big household goal as they try to teach their kids about saving money.   One thing Eric does for the girls every year is the 52-week challenge.  Starting at week one and increasing for 52 weeks, you transfer a dollar amount that matches the week number to a savings account.  He counts up to 52 for one child, and down from 52 for the other! This makes it easier on the wallet.  Week one you would send $1. Week 30 $30, week 52 $52. Essentially, he is sending a combination of $53 every week into two accounts - one for each girl (around $1400 each). All About Pharmacy Careers Dr. Eric Patrick lets us know a little more about pharmacy as a career path!  A pharmacy degree is a doctoral degree, which means that when you complete the training, you are a doctor!  Pharmacy school requires immense amounts of memorization - as you are learning drug classes, interactions, side effects and systems of the body.  You have to be able to learn at a quick pace, and retain all of the knowledge. Once completed, you can expect to make a starting salary of $85k - 105k depending on the area of pharmacy you work in, and your location within the United States. Eric’s goal is not to tread water with a “decent” salary in a middle-class lifestyle - keeping [only] his nose above water.  He wants to lives very comfortably, with both his nose and mouth above water.    Listen to our episode where he explains more about this concept.  Money Prescriptions from Dr. Eric Pay tithe each and every month - you have the ability - the average person has hundreds of dollars in “change” per month - seeping from their budget. Adjust your taxes so that you have more money for everything else - not just a lump sum at tax time. Be committed - you don’t have to be perfect you just have to be committed - like his 52-week rule for his kids.  Once he adds a few weeks to the “chain” of payments, he becomes committed to “not breaking the chain!” Don’t break the chain!  Stay focused and don’t stop! Most of his followers are actually women. Through working with other women he has learned that “Women tribes are powerful” Make more money - if three different people ask him three times about a topic, he finds a way to sell it.  (Can we drop one of Clue’s Bombs?)    Eric Patrick on the final questions: Money Lesson: Money is a tool, use it as such and ask yourself, what can it allow me to do.   Reading Right Now: Ask, by Ryan Levesque - uses surveys to affect copy and content creation so that you can make something truly valuable. Profit First, By Mike Michalowicz The best way for people to find you: On his site, www.thebmex.com Listen to our previous episode! Stay tuned for Fin Con Fridays!  Wendy had the awesome opportunity to attend Fin Con in September.  In addition to learning a whole bunch about this industry, she was able to talk to several popular bloggers and podcasters.  On Friday, we will release the first of five live recordings from the floor of Fin Con.  These are fun and unedited amidst the hustle and bustle of 5000 other money nerds.  We hope you enjoy them.   

Every week the show host John Siracusa talks with amazing fintech leaders and entrepreneurs, through conversation uncovers the amazing stories behind them, their creations and the most important topics in fintech. You can subscribe to this podcast and stay up to date on all the stories here on iTunes, Google Play, Stitcher and iHeartRadio In this episode the host John Siracusa chats with Luvleen Sidhu,  Co-Founder and President of BankMobile.  She started her banking career at Lehman Brothers and on her first day after 6 weeks of training was the beginning of it's collapse.  Now she's a co-founder at BankMobile, a company that provides a mobile first banking experience which has 1.6 million accounts and is the offspring of Customers Bank in Pennsylvania.     Tune in and Listen.   Subscribe now to hear next Tuesday's interview with Atish Davda from EquityZen.   About the host:   John is the host of the 2x weekly "Bank On It” podcast recorded onsite at the Carpenter Group offices, which is a strategic branding and positioning firm in the financial services industry. He's a highly sought after fintech, VC and financial services industry enthusiast and connector. He's in the center of the fintech ecosystem keeping current with the ever - innovating industry.   Follow John on LinkedIn, Twitter or Medium

Every week the show host John Siracusa talks with amazing fintech leaders and entrepreneurs, through conversation uncovers the amazing stories behind them, their creations and the most important topics in fintech. You can subscribe to this podcast and stay up to date on all the stories here on iTunes, Google Play, Stitcher and iHeartRadio In this episode the host John Siracusa chats with Chris Britt Co-Founder and CEO of Chime.  Chime is a  U.S. challenger bank and technology company. Chime has received well over $100,000,000 funding to date from investors such as Omidyar, Forerunner Ventures, Cathay Innovation and Menlo Ventures.     Tune in and Listen.   Subscribe now to hear next Thursday's interview with Luvleen Sidhu from BankMobile.   About the host:   John is the host of the 2x weekly "Bank On It” podcast recorded onsite at the Carpenter Group offices, which is a strategic branding and positioning firm in the financial services industry. He's a highly sought after fintech, VC and financial services industry enthusiast and connector. He's in the center of the fintech ecosystem keeping current with the ever - innovating industry.   Follow John on LinkedIn, Twitter or Medium

David studied applied physics and began his career as a consultant. He’s had his own company where he created a video asset management & workflow software in the 90s!. Then worked in the education/not-for-profit sector and then went into the finance sector as VP of BI & Data Analysis. Today, he is the Senior Vice President and Head of Data, Analytics and Research at BankMobile. We discuss: - the insights into large companies from his early days in consulting - why technology provides the “guard rails” for the business - why our roles as data scientists is to make sense of the mess - what’s missing in today’s analytics education and how to learn what you need - what to look for when building a diverse team - the importance of creating a narrative in analytics - the mindset to maintain during your analysis - motivations behind problems with data definitions - how data is like a flashlight Show notes: www.datafuturology.com/podcast/20 David is based in Providence , Rhode Island, USA --- Send in a voice message: https://anchor.fm/datafuturology/message

Recorded live in front of a studio audience, episode #111 of the Better Than Success Podcast, host Nicole Purvy interviews Ash Cash Exantus. Ash Exantus aka Ash Cash is a 15-year banking executive, personal finance expert, motivational speaker, and the author of six books, including three Amazon bestsellers. He is head of financial education and financial empowerment coach at BankMobile; the largest and fastest growing digital bank in the country and a digital app that provides a financially empowering banking experience to 2million+ customers. He is also a Financial teacher as well as a Leadership Council member of the World of Money Financial Institute, a 501(c)(3) non-profit organization whose mission is to empower youth with an immersive financial and technology education, creating financially responsible adults one child at a time. Ash has established himself as a thought leader and trusted voice with Corporate America, Colleges, Churches, and Community based organizations. Through his message of fiscal responsibility, entrepreneurship, and wealth empowerment, he has become a regular speaker at national conferences across the country. Ash has been featured on popular, national media outlets such as CNN, The New York Times, WSJ, American Banker, CNBC, TheStreet.com, Black Enterprise, Essence Magazine, Ebony, BET, Pix11 Morning News, and countless others. He is the host of his own radio show titled The Ash Cash Show, which airs on WHCR 90.3FM NY with a current reach of 2.2 Million listeners. Above all of his credentials, accolades, and titles, Ash is simply known for helping people maximize their full potentials. He thoroughly enjoys his life in Metropolitan New York Area, where he resides with his wife, and two children. You can also read more about Ash by visiting www.IamAshCash.com  Join the BTS Real Estate League at BetterThanSuccess.com/btsrel

Many Americans live paycheck to paycheck, or are in a situation where one financial emergency could create financial chaos. Banks can help these people by encouraging and building financial literacy, which in time can foster lasting customer loyalty. Luvleen Sidhu, co-founder, president and chief strategy officer of BankMobile, discusses breakthrough practices that can help make a difference.

It’s 2018, and if you ask me, it’s time to do things better and definitely more affordable. Thanks to technology, we’re seeing a lot of our money transactions transform before our eyes. Think about how we save money with apps like Acorns, invest online with companies like Betterment, and on this podcast episode we’re talking about redefining the banking and mortgage process with two companies (BankMobile and Better Mortgage) that are using technology to do it better! On This Podcast Episode:This episode is dedicated to doing money things better. We’re introducing you to Luvleen Sidhu from BankMobile and Vishal Garg from Better Mortgage to unlock your thinking about two industries that were in dire need of some serious modernizing.Luvleen Sidhu had enough with big banking fees and wanted to do it differently. In 2013, Americans spent $32 billion on overdraft fees, which is three times as much as they spent on breast cancer and lung cancer combined and more than they spent on vegetables. Additionally, the underbanked spend approximately 10 percent of their salaries on fees for alternative financial services. Together with her father Jay Sidhu, she launched BankMobile in January 2015 to offer this banking experience all through a smartphone or tablet device, utilizing cutting-edge technology to make banking seamless. BankMobile offers completely fee-free accounts—checking, savings with a guaranteed higher savings rate than the top four banks in the U.S., and line of credit, access to over 55,000 surcharge-free ATMs nationwide (BankMobile VIP customers have free access to every ATM in the U.S., which is more than 400,000 ATMs), a personal banker for all customers, and a free financial coach for VIP customers.Vishal Garg is the Founder and CEO of Better Mortgage, working to make the mortgage process simpler, faster and much much better for all Americans – especially the new generation of first-time homebuyers (aka millennials). Better is a digital mortgage company focused on improving access to home financing. They’re using tech to make home buying better by speeding up the process, bringing down the cost and ensuring our customers get the best possible mortgage. Their mission is to make home buying more affordable and accessible for everyone. And that’s built into Better’s DNA - from their zero commissions approach to their 100% transparent process.Ask Shannah - My career journey as a female CFP® - it hasn't always been easy but it's been one of the best decisions I've made. Read more about my journey here.Thanks for Tuning In:Thanks for tuning in to listen to this episode of Millennial Money. You’re awesome and mean so much to us. If you’ve enjoyed this episode, please share it on social media using the hashtag #millennialmoneypodcast.Also, please leave an honest review for Millennial Money on iTunes! Ratings and reviews are extremely helpful and much appreciated! You’re awesome!Millennial Money is more than just a podcast, we’re all about family here. Join us each weekend for our Sunday Brunch Email Club, where we’ll share bonus episodes, money tips, life hacks, exclusive music drops, travel deals, breakfast treats and a whole lotta’ fun!Have an Ask Shannah question, submit it here.Want More:Shannah on TwitterShannah on Instagram

Today we have a special guest...personal finance expert, motivational speaker, television/radio personality, author of more than 6 books, including his most recent book "The Wake Up Call, Financial Inspiration Learned From 4:44" He is the lead instructor at BankMobile. He’s has been featured on popular national media outlets such as CNN, The New York Times, Wall Street Journal, American Banker, CNBC, TheStreet.com, Black Enterprise, Essence Magazine, Ebony, BET, Pix11 Morning News, Fox Business News, and countless others! The personal finance guru you need to know….Ash Cash. Please like, share, & comment! Follow me on all social media @lilmissent https://www.instagram.com/lilmissent/ https://twitter.com/lilmissent Subscribe to our YouTube Channel : http://bit.ly/2mouCQq --- This episode is sponsored by · Anchor: The easiest way to make a podcast. https://anchor.fm/app --- Send in a voice message: https://anchor.fm/thelittlemissentshow/message

As customers opt for convenience the number of bank branches could decline by 50% to 75% say BankMobile co-founders Jay Sidhu and Luvleen Sidhu. See acast.com/privacy for privacy and opt-out information.

New Theory hosted Luvleen Sidhu, Co-Founder of bankMobile which an app disrupting the banking space. Their strategy is brilliant as it gets even better when you listen.

Martin Arnold and guests discuss Russian disappointment with the Trump presidency, progress in the UK peer-to-peer lending sector, and how a US disruptor bank enjoyed rapid growth by offering free checking accounts to millennials. With special guests Andre Kostin of Russian state bank VTB, Rhydian Lewis of Ratesetter and Luvleen Sidhu of BankMobile. Music by Kevin MacLeod See acast.com/privacy for privacy and opt-out information.

Luvleen Sidhu is Chief Strategy and Marketing Officer at BankMobile and discusses the benefits of digital banking.

Succession Planning / Customers Bancorp Sells BankMobile Unit to Flagship Community Bank Hosts - Sharon Lorman, Vice President, The Kafafian Group, Inc.           Jeff Marsico, Executive Vice President, The Kafafian Group, Inc.           Rich Trauger, Managing Director, The Kafafian Group, Inc. Guests - Jim Langmead, CFO and Executive Vice President, EagleBank, Eagle Bancorp             Charles Levingston, Executive Vice President of Finance of EagleBank,       Incoming CFO, EagleBank, Eagle Bancorp

Our Guest Luvleen Sidhu is the Chief Strategy Officer & Co-Founder of the BankMobile Foundation. She's been recognized in the industry, including being named one of Bank Innovation’s Top 10 ‘Innovators to Watch’ worldwide in 2016; the Lehigh Valley Business Women of Influence - Woman to Watch Honoree in 2016; a winner of New York Business Journal's Women of Influence Awards in 2016; one of Auto Finance News’ ‘10 Executives to Watch in Auto Finance’ in 2015; and one of Bank Innovation’s ‘2015 Innovators to Watch.’ She holds an MBA from The Wharton School and a Bachelor of Arts Degree in Government from Harvard. Here are the highlights of our conversation with our guest: Luvleen shares how her desire to have a positive impact to the society drove her to find ways to explore means of doing so. Government is a good vehicle to serve as a catalyst to change but she later found out that a combination of business and exponential growth in technology can positivity impact -- from local to global – people’s lives. She had always been drawn to leadership roles and this was the start on how this father-daughter duo disrupted the mobile banking industry. Learning how working in Lehman Brothers and her exposure in Wharton stirred up the entrepreneurial bug in her. Business school had provided Luvleen exposure in case study methods analyzing how start-ups address unmet needs and this inspired and started her entrepreneurial journey. From a corporate job in investment banking to financial services consulting, Luvleen took the leap to working full time in BankMobile and was successful. She shares how they did this by starting with the non-subjective things such as looking at the market and their current behavior like interacting with their banks via mobile; identifying the opportunities the current banking model; and instituting the BOYB concept to grow and scale exponentially. Luvleen shares it is good to have a goal in mind work towards that goal but it is also essential to have the flexibility to pivot and experiment. From testers and concepts, she mentions that they got to their first milestones through marketing innovations such as digital advertising, word of mouth, PR and content development. About her book, ‘Why Can’t Banks Be As Easy As Uber?’, her motivation in getting it out and how it is an extension of her passion to get the community to be aware of the gaps in the current system and how they can look forward to a more futuristic banking. About their College BankMobilist Program, a nationwide campus ambassador program where they run workshops and seminars to educate students to make the best financial decisions in their lives. Luvleen shares details on this program which is a means of how to spread financial education across America and an extension of her passion to the education realm. How mobile has allowed them to scale, enable their mission and improve banking experience through things like biometrics and geolocation. Their main focus in BankMobile: make banking as effortless as possible and add value to consumers moment by moment by utilizing what technologies are out there to proactively identify the current market hurdles for banking to be more than just money management to help people in a day-to-day basis. How the elections impact the mobile banking market and Luvleen’s hopes in the coming administration. The things she is excited about in the future of mobile banking with the technology that we have in our fingertips which is untapped by the banking industry. Rapid Fire Questions What is your definition of innovation? Innovation has two components: First, the product should be more affordable, easier to use, has a model that should be sustainable and overall, should be a better product than one that currently exists in the market. And, no matter how good a product is, if you do not have customer acquisition and retention strategy, it does not matter at the end of the day. Your innovation has to have these to be a disruptor. Would you put more emphasis on the idea or the execution? How would you weigh each of them and why? The ideal situation is that you have a good idea and execute well but no one has ever been successful with a great idea and lousy execution. I think a mediocre idea with excellent execution will lead to great success so I would say 80%-85% execution, 15%-20% idea. What is your biggest learning lesson on your journey so far? It comes down to always having a clear vision on where you want to go then have a strategy in achieving this vision. But my biggest learning is that you should be open to the fact that that strategy and vision should be open to change and you have to be flexible and open-minded because without this, you can lose an opportunity of where you want to go. What is your favorite business book? The Third Wave by Steve Case What is your favorite digital resource? TechCrunch Engadget Tech section of the New York Times What is your favorite app and why? WeeChat What is the coolest thing that you are working on right now that you want everyone to know about? We are rolling out the next innovation of the BankMobile app coming out on December 8th with the most exponentially better user experience that I’m so excited in bringing to the market.

Our Guest Dan Armstrong is the Chief Digital Officer at BankMobile, America’s first fee- free mobile first bank. With mobile banking and financial services, telecommunications and technology projects in 40+ countries, Dan brings unique expertise in developing new products, technologies and distribution strategies that accurately match technology with consumers’ needs. For the past 20 years, Dan has worked in Europe, Asia, Africa and South America start-ups, mobile banking/payments, instant-account opening and correspondent banking, telecommunications, NFC, cards, alliances, regulatory, feasibility and automation programs. Here are the highlights of our conversation with our guest: Getting to know Daniel more including his travels, e-telco projects and his learnings regarding the ubiquity of mobile around the world after being in many other continents. As takeaways from trying things out from the rest of the world, Dan shares the bigger things and functionalities that we should bring back. Dan’s observations of countries who are early adopters of technology vis-à-vis the user behavior that they are exhibiting. Dan’s background from having a degree in Philosophy, his real first job as a museum and exhibit designer for an architecture company and how this line of work did him well during his transition to designing websites. He also shares how he transitioned to banking and when the realization that having a mobile services package can very impactful to a lot of markets came about; and the different, interesting ways of how to get people to get a bank account from country to country. The main things that Dan is currently facing and the solutions that he feels would be a great fit to the market. This includes innovating by setting up an entire software services division with his CTO; white labelling by establishing a platform which can be sold to other channels which can be rebranded and repositioned; and doing what they do best: controlling experiences and enabling capabilities without necessarily conquering the world with your own brand. With all the new ways that they are working on in entering the platform, we inquire if Dan notices any user fragmentation and if they have plans to centralize these channels into one platform; plus what their core model differentiator is compared to others in the market. Where he sees the mobile banking will be in the near future and the interesting things that may come about. Rapid Fire Questions What is your definition of innovation? Innovation is a good term but is overused these days. I like the term partnership better – a lot of suppliers and vendors call their customers ‘partners’. Real innovation is doing something that fundamentally takes a step forward or sideways and not just incremental capabilities or UI…I want to take innovation at a higher standard. Would you put more emphasis on the idea or the execution? How would you weigh each of them and why? I believe that the key is really execution. Execute in a way that is so much more unique and attractive to people as execution is the trick to success. In our market, it’s all execution so it’s probably its 80% execution and 20% ideas. What is your biggest learning lesson on your journey so far? One size fits all is certainly not the way this world functions. Look at each market differently and it’s dynamics. What is your favorite business book? The Song of the Dodo: Island Biogeography in an Age of Extinction by David Quammen What is your favorite digital resource? TechCrunch Krebs on Security What is your favorite app and why? Communications apps such as WhatsApp What is the coolest thing that you are working on right now that you want everyone to know about? We are involved in the working on the patent on the UI of our new app which will change a number of things that mobile banking has never done before.

Moe and Luvleen Sidhu talk about disruptive innovation and how the banking industry is going to be hit with the same force.