BankMobile Announces Bob Savino as Chief Product Officer
January 24, 2018 at 10:30 am
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BankMobile announced that Bob Savino has joined as Chief Product Officer. In his new role, Savino will work closely with company executives to oversee the strategy and execution of product and technology innovation, development and distribution. He will be responsible for B2C innovation, B2B2C distribution, and the transformation of existing businesses to align with BankMobile's strategy. Savino will be based in the Philadelphia region. Savino will also be hiring a world-class fintech product development team in Radnor, PA to continue the development of BankMobile’s Banking as a Service Platform. Prior to his current position, Savino was President of FinVention Services, which provided executive management consulting with a focus on digital banking strategy and execution. He previously served as Chief Technology Officer at Moven, where he oversaw the design, execution and operations of the startup and distributed an banking product to multiple countries at scale. Savino was also Managing Director at LiquidHub, where he led a digital banking strategy practice and previously held roles at JPMorgan Chase and ICG Commerce.
BM Technologies, Inc. is a financial technology company. The Company facilitates deposits and banking services between a customer and its partner bank, Customers Bank and First Carolina Bank, (the Partner Banks), which are related parties. The Company provides high-tech digital banking and disbursement services to consumers and students nationwide through a full service fintech banking platform, accessible to customers anywhere and anytime through digital channels. Its banking platform provides access to checking and savings accounts, personal loans, and financial wellness. Its fintech business model leverages Banking-as-a-Service (BaaS) partnersâ and University partnersâ existing customer bases to achieve high volume, low-cost customer acquisition in its Higher Education Disbursement and BaaS businesses.