New York, NY, March 06, 2018 (GLOBE NEWSWIRE) -- BankMobile, a division of Customers Bank, and America’s largest and fastest growing mobile-first bank, today announced that LendIt Fintech, the world’s leading event in financial services innovation, has named it a finalist in the Most Innovative Bank category for the LendIt Fintech Industry Awards. The category recognizes banks that are leading the way in embracing fintech and new means of doing business.
“We are thrilled to have been selected by LendIt as a finalist in its Most Innovative Bank category for its awards competition this year,” stated Luvleen Sidhu, President, Co-Founder and Chief Strategy Officer at BankMobile. “At BankMobile, we strive to utilize the latest technology to help make banking convenient, affordable and financially empowering. We congratulate our fellow finalists as we all embrace fintech to help drive banking into the future.”
BankMobile was selected as a finalist out of hundreds of applicants worldwide and by more than 30 respected fintech industry experts who judged finalists representing innovation, emerging talent and top performers. BankMobile will compete for top honors within its award category at the LendIt Fintech Industry Awards Show and Dinner on April 10 at the LendIt Fintech conference in San Francisco. The prestigious awards will bring together 500 fintech influencers, entrepreneurs and thought leaders to honor the outstanding achievements in financial services innovation.
“This year’s finalists are the most innovative companies disrupting the future of finance in order to improve the quality of daily life,” said Peter Renton, Co-Founder and Co-Chairman at LendIt Fintech. “We were yet again impressed by the number of high-caliber nominees and look forward to celebrating these companies that have made impressive contributions to the fintech industry.”
With 1.8 million depositors serviced, BankMobile is the largest mobile-first bank in the country in terms of number of consumer checking accounts. It is also likely in the Top 25 banks in the country in terms of number of consumer checking accounts serviced.
For more information about BankMobile, visit www.bankmobile.com. To view all LendIt Fintech Industry Award finalists, visit www.lendit.com/usa/2018/awards.
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About BankMobile
Established in 2015, BankMobile, a division of Customers Bank, is America’s largest mobile-first bank, offering fee-free checking and savings accounts. It provides target customers—millennials, the underbanked and middle income households—with a digital, effortless, and financially empowering experience. In addition to fee-free checking and savings accounts, BankMobile offers lines of credit, joint accounts and access to over 55,000 surcharge-free ATMs nationwide (BankMobile VIP customers have free access to every ATM in the country, which is more than 400,000 ATMs), a guaranteed higher savings rate than the top four banks in the nation, a personal banker for all customers, and a free financial advisor for VIP customers. BankMobile is operating as the digital banking division of Customers Bank, which is a Federal Reserve regulated and FDIC-insured commercial bank. For more information, please visit www.bankmobile.com.
About LendIt Fintech
LendIt Fintech is a recognized global internet finance industry leader, founded in New York in 2013. Its aim is to gather industry elites to discuss and explore latest trends in the development of international financial technology. LendIt Fintech has become the largest event in financial services innovation as it hosts three annual conferences, LendIt Fintech USA, LendIt Fintech Europe, and Lang Di Fintech, and dozens of complementary online and in-person industry events. LendIt Fintech also owns and operates one of the world’s leading industry educational channels, Lend Academy.
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