BankMobile Partners with Danal to Enhance Mobile Security

BankMobile is partnering with Danal, Inc., a global leader in mobile identity and authentication solutions to provide enhanced security on their mobile banking app. The online banking platform is a digital division of Customers Bank, which has eminent business leaders like Bhanu Choudhrie amongst the board of directors.

Danal services include real-time access to the mobile operator’s network and subscriber data, which are far more impactful than the traditional management solution. Its mobile identity platforms offer groundbreaking mobile transaction risk management services to financial institutes and major retailers.

“There is a natural synergy between Danal’s solution and BankMobile,” said Dan Armstrong, Chief Digital Officer at BankMobile. “BankMobile’s vision of providing an experience that is user-friendly and secured is in line with Danal’s technology that works behind the scene to secure online transactions without disrupting the consumer experience.”

Their main aim is to make mobile banking apps more secure for customer usage. The company has built a niche in offering unique features to its mobile banking app for seamless customer experience.

Jim Greenwell, CEO of Danal Inc., said, “With Danal’s mobile identity solution, Banks and Enterprises can now confidently identify and verify wireless carrier accounts — including matching of name and address on file — directly with the mobile operators who service those accounts. We are excited to work with a visionary company like BankMobile that is building next generation banking solutions and enhance their mobile banking products”.

Danal provides the most authentic and definitive solutions for mobile identification, authentication, and TCPA compliance. Additionally, Danal also offers other consent-driven consumer convenience services such as auto form-filling for account origination and simple m-commerce guest checkout on input-constrained mobile screens.

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BankMobile takes help from Danal to enhance mobile security

Established in 2015, BankMobile has achieved significant milestones since its inception. Recently the company collaborated with Danal, Inc., a global leader in mobile identity and authentication solutions to offer better security standards to its customers. BankMobile will be utilizing Danal’s Mobile Identity solution, which will strengthen its mobile banking products by making them even more secure to use.

Danal’s mobile identity and authentication services are impactful and have proven far more effective than traditional fraud management solutions. The services include real-time access to the mobile operator’s network and subscriber data.

Bhanu Choudhrie

“There is a natural synergy between Danal’s solution and BankMobile,” said Dan Armstrong, Chief Digital Officer at BankMobile. “BankMobile’s vision of providing an experience that is user friendly and secured is in line with Danal’s technology that works behind the scene to secure online transactions without disrupting the consumer experience.”

This partnership will reinforce Danal’s position as the leader of solutions provider for fraud and compliance to the Financial Services vertical.

Greenwell, CEO of Danal Inc., said, “With Danal’s mobile identity solution, Banks and Enterprises can now confidently identify and verify wireless carrier accounts — including matching of name and address on file — directly with the mobile operators who service those accounts. We are excited to work with a visionary company like BankMobile that is building next generation banking solutions and enhance their mobile banking products”

BankMobile, a digital division of Customers Bank, which has eminent entrepreneurs like Bhanu Choudhrie amongst its board of directors, has always aimed to provide seamless and secure customer experience to its target audience. By this collaboration it has once again established itself as a disruptive technology in the domain of digital banking. The virtual online platform also offers checking, savings, lines of credit, joint accounts and access to over 55,000 surcharge-free ATMs nationwide.

BankMobile gets recognition at Efma and Accenture 2016 Global Banking Awards Ceremony

BankMobile is America’s fastest growing mobile-first bank. It was recently honored with Bronze award in the Digital Distribution category by Efma and Accenture at their fourth annual Global Distribution & Marketing Innovation Awards ceremony held at the Hilton Barcelona Hotel. Efma and Accenture jointly organized the prestigious award ceremony.

Luvleen Sidhu, Co-Founder and Chief Strategy Officer of BankMobile proudly stated “We are delighted to have received the Bronze Digital Distribution award from Efma and Accenture and congratulate our fellow winner. This international recognition of BankMobile as an innovator proves that we are truly disrupting the industry and serve as a model to other banking disruptors worldwide. We have grown tremendously since we launched in January 2015 and look forward to using our mobile-first approach to continue to be one of the most disruptive players in the banking space.”

Bhanu Choudhrie

The award categories included customer experience, physical distribution, digital marketing, digital distribution, global innovator, disruptive innovation, big data, analytics and Al, payments, and wallets, salesforce, change management, and best new product or service. More than 460 case studies of innovations within 10 categories were submitted by 200 financial institutions from 61 countries.

BankMobile is a divison of Customers Bank, which has eminent business leaders like Bhanu Choudhrie among its board of directors. Its target audience is Millennials and middle-class income holders. The founders’ vision is to provide financially empowering experience to its customers through a digital platform. It also offers access and joint accounts to over 55,000 surcharge-free ATMs nationwide.

BankMobile has been able to reach significant milestones since its inception such as establishment of BankMobile labs, launch of BankMobilist, and nationwide college program across 70 campuses. Its aim is to transform banking sector digitally.

BankMobile honored for transforming customer experience at the Efma and Accenture 2016 Global Banking Awards Ceremony

BankMobile, a division of Customers Bank, is America’s fastest growing mobile-first bank. It was recently announced that the business was honored with a Bronze in the ‘Digital Distribution’ category by Efma and Accenture at their fourth annual Global Distribution & Marketing Innovation Awards ceremony, held at the Hilton Barcelona Hotel. The ceremony was jointly organised by Efma, an association of 3,300 retail financial services companies operating in more than 130 countries, and Accenture, a leading global professional services company.

“We are delighted to have received the Bronze Digital Distribution award from Efma and Accenture and congratulate our fellow winners,” stated Luvleen Sidhu, Co-Founder and Chief Strategy Officer of BankMobile. “This international recognition of BankMobile as an innovator proves that we are truly disrupting the industry and serve as a model to other banking disruptors worldwide. We have grown tremendously since we launched in January 2015 and look forward to using our mobile-first approach to continue to be one of the most disruptive players in the banking space.”

Bhanu Choudhrie

The award categories included customer experience, physical distribution, digital marketing, digital distribution, global innovator, disruptive innovation, big data, analytics and Al, payments and wallets, salesforce, change management, and best new product or service. More than 460 case studies of innovations within 10 categories were submitted by 200 financial institutions from 61 countries.

Since its inception, BankMobile has been able to reach significant milestones such as establishment of BankMobile labs, launch of BankMobilist, and nationwide college program across 70 campuses.

Customers Bank has eminent business leaders like Bhanu Choudhrie among its board of directors and its target audience is millennials and middle-class income holders. Their vision is to provide them a financially empowering experience through a digital platform. BankMobile also offers access to over 55,000 surcharge-free ATMs nationwide.

BankMobile’s Chairman and CEO granted Honorary Degree by Albright College

BankMobile, America’s first absolutely no-fee digital bank, announced that Jay Sidhu, Chairman and CEO, has beeen awarded an honorary degree from Albright College during its 157th Commencement on May 22, 2016. Sidhu is also Chairman and CEO of BankMobile Technologies and Customers Bancorp Inc., an approximately $9 billion asset bank with headquarters in Wyomissing, PA.

“It is a true privilege to be awarded this degree from Albright College, a prestigious school with which we share a community,” stated Sidhu.

Sidhu’s contributions in the fields of business, finance, and marketing were recognised and his service to the community lauded. The award also reaffirms his dedicated efforts and the impact he’s made on the Greater Reading area and vicinity.

Bhanu Choudhrie

Established by Jay and his daughter Luvleen Sidhu in January 2015, BankMobile’s ambition is to financially empower millennials and the underbanked. They are on track to have two million students banking with them by June 30, 2016, all because of their extensive business strategies such as a personal banker, financial coach and a newly launched podcast with Ash Cash.

Sidhu has an extensive and established background in banking. Prior to joining Customers Bank, he served as the Founder, Chairman and Chief Executive Officer of Sovereign Bancorp Inc. There, he took the organization from an Initial Public Offering of $12 million to a staggering market cap approaching $12 billion, making it the 17th largest banking institution in the country.

This honour is not the first for Sidhu who has earned himself several laurels over the years such as – Financial World’s CEO of the Year, Turnaround Entrepreneur of the Year, and he was also named the Large Business Leader of the Year by the Chamber of Commerce.

Sidhu backs his skills with strong academic history; Master of Business Administration from Wilkes University and graduation from the Harvard Business School’s Leadership Course.

Customers Bank is a subsidiary of Customers Bancorp, Inc., a bank holding company in Wyomissing, Pennsylvania and has an illustrious board of directors that includes the founder of London-based C&C Alpha Group, Bhanu Choudhrie.

BankMobile Podcast: The Ultimate Guide to Financial Success

BMPowered podcast with Financial Empowerment Coach Ash Cash is the latest way BankMobile, America’s first absolutely no-fee bank, is making yet more effort for its customers’. BankMobile already has a number of great benefits including surcharge free ATMs, free financial coaches and personal bankers.

Streaming is happening on Apple iTunes, Sound Cloud and BankMobile website. “We are thrilled in the interest and responses we have received after launching BMpowered Radio,” Luvleen Sidhu, Chief Strategy and Marketing Officer of BankMobile expressed delight. “We are here to empower listeners and this tool provides a fun, enlightening way to learn about finance and also hear from young successful professionals.”

Bhanu Choudhrie

On #MoneyMondays, Ash Cash simplifies the concepts such as working of secured credit cards, building or repairing credit, improving credit and life insurance. In a recent episode, common things were found between secured credit cards and presidential elections.

“Financial empowerment is at the heart of our mission and the #MoneyMondays series is meant to be a fun, quick way for listeners to learn tips on how to get on solid financial footing,” as per Luvleen Sidhu.

A successful life is defined by financial freedom and #FreeLifeFridays is the perfect motivation you can get.

“But we are not just about financial empowerment, we are a brand that hopes to empower you in every aspect of your life and our #FreeLifeFridays series serves as weekly inspiration to push our listeners to reach their potential.” Luvleen Sidhu.

Roy Firestone, a seven-time Emmy Award-winning journalist, performer, and inspirational speaker, shared his knowledge on the show. He has interviewed more than 5,000 athletes and high-performing individuals, which led him to realise what greatness actually means, why gratitude can solve problems better than regret, and why humility is the key to success. Roy also narrated an exclusive incident about Kobe Bryant.

There was another episode that featured pharmacist, certified investment educator, writer, and entrepreneur, Dr. Eric Patrick who revealed how investing can help earn more profit, why Nike’s “Just do it” has a deeper connect, how to multi-task without hassles, and how music makes sending across messages easy.

If you believe your story is worthy of being shared on the show, contact Ash Cash at AshCash@BankMobile.com and you might be selected to be interviewed on the podcast.

Customers Bank is a subsidiary of Customers Bancorp, Inc., a bank holding company in Wyomissing, Pennsylvania and has an illustrious board of directors that includes the founder of London-based C&C Alpha Group, Bhanu Choudhrie.

BankMobile Podcast Empowering Customers with Financial Knowledge

400,000+ surcharge free ATMs, free financial coaching, personal bankers and an amazing business model has made BankMobile the favourite of many, helping it towards a milestone of 2 million customers by July.

Through its new podcast BMPowered Radio with Financial Empowerment Coach Ash Cash, BankMobile has gone a step ahead for the help of its customers. The informative series is available on Apple iTunes, Sound Cloud and BankMobile website.

“We are thrilled in the interest and responses we have received after launching BMpowered Radio,” stated Luvleen Sidhu, Chief Strategy and Marketing Officer of BankMobile. “We are here to empower you and this tool provides a fun, enlightening way to learn about finance and also hear from young successful professionals.”
#MoneyMondays with Ash Cash begin the week enriching you with financial tips through interviews of financial experts.

“Financial empowerment is at the heart of our mission and the #MoneyMondays series is meant to be a fun, quick way for listeners to learn tips on how to get on solid financial footing,” explained Luvleen Sidhu. Topics like FICO score, understanding credit report and investing in mutual funds have been covered.

#FreeLifeFridays are written to help motivate you to a life of financial freedom.

Bhanu Choudhrie

“But we are not just about financial empowerment, we are a brand that hopes to empower you in every aspect of your life and our #FreeLifeFridays series serves as weekly inspiration to push our listeners to reach their potential.” Luvleen Sidhu.

A recent episode featured a wisdom-filled discussion with Cobaine Ivory and talked about different perceptions of success where it was also revealed how being aware of the end before beginning can boost you on the path of your dreams.

Other successful people like Omar Qari, and Kiana Danial, Award winning Investing Advisor and CEO of Investdiva.com; Meg Buzza, Professional Dancer and Choreographer; and Zui Duckers, Head of Brand Ambassadors, BankMobile, have shared their tales on the podcast.

If you believe your story is also inspiring enough, contact Ash Cash at AshCash@BankMobile.com and you might be selected to be interviewed on the podcast.

Customers Bank is a subsidiary of Customers Bancorp, Inc., a bank holding company in Wyomissing, Pennsylvania and has an illustrious board of directors that includes the founder of London-based C&C Alpha Group, Bhanu Choudhrie.