David Whitcomb | Source | Vice President - Product at MX
David Whitcomb
David has over a decade of experience working with and for financial institutions. He has successfully led a mortgage shop, online banking and mobile app development teams, consulted with FI’s around the country around integration and user experience, and helped financial institutions refine their digital user roadmaps in ways that help them execute effectively with vendors. His experience gives him a unique understanding of banking ecosystems, data access and utilization, and inter company communication and collaboration.
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First and foremost, it's digital-only, and it's mobile-first in its presentation. A [traditional] bank may enter a community trying to make an impact in the business, the wealth management and the retail areas, [whereas] neobanks will have a much more targeted focus. It's often very distinctly purpose-driven or has very focused services.
27 April 2022
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27 April 2022articleNeobanks function as online-only banks. Here's how they operate and why you might choose oneNeobanks are digital-only fintech firms that appeal to those who prefer the convenience of online banking and make money through transaction fees.
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MX
Vice President - Product