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Many will say this was a bad idea, but I was impressed that a large company like @jpmorgan created a start-up mobile bank itself and learned to “fail fast”. It is a sign of a company that wants to innovate and is willing to take risk to ensure it is not left behind https://t.co/XuHtpWyzuX
— Jon Sakoda (@jonsakoda) June 6, 2019
RIP Finn, JPMorgan's just-venmo-me, how-great-is-avo-toast, what-even-is-a-bank-branch experiment https://t.co/mRD5NVtPaY
— Liz Hoffman (@lizrhoffman) June 6, 2019
Balancing on-line and in-person services is a challenge for all sectors - banking and healthcare offer important learning for courts: JPMorgan closing down digital app aimed at millennials and opening brick & mortar in select cities based on consumer need. https://t.co/Xz3fwYrkij
— Katherine Alteneder (@kalteneder) June 6, 2019
Why #JPMorgan Scraps a New #App Service
— Spiros Margaris (@SpirosMargaris) June 6, 2019
for #Young People https://t.co/MXjXLS5dO8 #fintech #Millennials @rudegeair pic.twitter.com/xZr3ZCucfb
Finn, JPMorgan’s digital app offering younger clients mobile banking and teller access, is closing down https://t.co/5HZKDSIE1E via @WSJ#Finance20 #Fintech #DigitalFinance
— Rino Borini (@rinoborini) June 6, 2019
Innovation in bog companies is hard ... https://t.co/55vfDEtb6g
— Scott Kupor (@skupor) June 6, 2019
While @CashApp grows users at ~115% per year, JPM shuts down Finn, the millennial-focused digital bank.https://t.co/m1jiOtwN08
— Maximilian Friedrich (@mfriedrichARK) June 6, 2019
JPMorgan created a digital bank — Finn, thinking if fintechs can do it why can't we — the US' biggest bank?
— Mekebeb Tesfaye (@MekebebTesfaye) June 6, 2019
Here's why: legacy IT may take a lot of money to shed, but legacy thinking requires a whole organisational mind shift — and that's really hard. https://t.co/bOd0pcip73
Finnished: JPMorgan tried to give millennials an online bank with a physical world attached ... a year later it decided to stick with Chase instead. W/ @rudegeair https://t.co/wVGIWleRx1
— Dave Benoit (@DaveCBenoit) June 6, 2019
So @DaveCBenoit, I guess you could say it’s ‘finnished.’ https://t.co/w2xHYhkK7O
— Aaron Lucchetti (@AaronLucchetti) June 6, 2019
JPMorgan’s Finn, the #digitalbanking app for younger clients, is finished: https://t.co/F80E1Tqvui #banking
— PYMNTS (@pymnts) June 6, 2019
Barely more than a year after JPMorgan launched an effort to bring in younger clients with #digitalbanking app Finn, the firm is killing that project: https://t.co/F80E1Tqvui
— PYMNTS (@pymnts) June 6, 2019