Betterment is moving into phone insurance via partnership with tech provider Sure - Business Insider

of consumers have deposits of over £5,000 in accounts with neobanks, suggesting that many use digital-first offerings as a supplementary account.

By tying its insurance offering to the stipulation of using a Betterment debit card, the wealth manager can boost engagement with its services, and ultimately nudge users toward primary account status. What's more, the coverage option comes at no extra cost, which could further incentivize users to link their Betterment checking accounts to pay their bills.

Betterment should now add additional benefits to bolster its value proposition—and increase its competitive advantage. We think that expanding product suites via partnerships is a good approach to broadening offerings: Fintechs don't have to build new solutions from scratch, but can instead work with experts in a field they don't operate in.

Betterment, for example, could look to further build out its solid product suite by expanding insurance offerings beyond phone coverage via additional partnerships—SoFi, for example, with Lemonade, Root, and Ladder for its home insurance, auto insurance, and life insurance offerings, respectively. Moreover, by expanding its checking account offering, Betterment stands out from its digital wealth management competitors, many of which do not yet provide such insurance services.

Are you NEW to FOREX? Minimize your losses with my expert strategy with an investment capital of $1000, i can guarantee $9,500 as profits after 5 days of investment. Inbox me if interested.

대한민국 최근 뉴스, 대한민국 헤드 라인

Similar News:다른 뉴스 소스에서 수집한 이와 유사한 뉴스 기사를 읽을 수도 있습니다.

What Oracle and TikTok stand to gain from a partnership - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
출처: BusinessInsider - 🏆 729. / 51 더 많은 것을 읽으십시오 »

4 things to know before getting your first homeowners insurance policy - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. Amazing
출처: BusinessInsider - 🏆 729. / 51 더 많은 것을 읽으십시오 »

Stock picks to buy for growth to beat market, rival Big Tech: Goldman - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. Mmmhmm as if GoldmanSachs is going to provide free stock market advice to 'the little people'.
출처: BusinessInsider - 🏆 729. / 51 더 많은 것을 읽으십시오 »

The Lonely Century: New book unpicks troubled relationship with tech - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
출처: BusinessInsider - 🏆 729. / 51 더 많은 것을 읽으십시오 »

Silicon Valley ditches big tech campuses for satellite offices: experts - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. Invest in bitcoin forex trading to make over $2000 weekly with just $200
출처: BusinessInsider - 🏆 729. / 51 더 많은 것을 읽으십시오 »

SUCCESS INSIDER: Executive salaries, management consulting, Facebook - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
출처: BusinessInsider - 🏆 729. / 51 더 많은 것을 읽으십시오 »