Banking made easy: BankMobile founders’ book launches to great reception

BankMobile, America’s first absolutely no-fee mobile and online bank, has revolutionised banking with its fee-free model. Founded by the father-daughter duo Jay and Luvleen Sidhu, the bank is helping out millennials save money and get financial knowledge.

To go the extra mile, the Sidhus released their book ‘Why Can’t Banks Be As Easy As Uber? BankMobile And The Real Future Of Banking’ which is a banking guide as well as an insight into the industry. In barely 24 hours after its launch, the book became Amazon #1 in 12 different categories in the USA Amazon store, achieving #1 Best Selling-status in Australia, and making it onto the Top 100 Authors list in Business and Money.

This is the latest achievement for the Sidhu family. Luvleen has previously been awarded Lehigh Valley Business Women of Influence - Woman to Watch Honoree in 2016, chosen as the winner of New York Business Journal's Women of Influence Awards in 2016, selected among Auto Finance News’ ‘10 Executives to Watch in Auto Finance’ in 2015, and one of Bank Innovation’s ‘2015 Innovators to Watch,’ and her father Jay has enjoyed commendable success of his own by winning laurels such as 2016 Ernst & Young FinTech Entrepreneur of the Year, Financial World’s CEO of the Year, Turnaround Entrepreneur of the Year, Large Business Leader of the Year and plenty more.

Tal Ben-Shahar, New York Times Best-Selling author of Happier commented on the book: What a compelling book! The banking revolution that the Sidhus are proposing is sure to make banking easier—and you happier.
 ‘Why Can’t Banks Be As Easy As Uber? BankMobile And The Real Future Of Banking’ dives deep into the banking system and explains what’s wrong with the traditional ways that burden Americans with billions of dollars and eventually shares tips that can help save money in this system. Readers will realise how costly their bank is and how BankMobile can help them through fee-free, financially empowering and hassle-free banking by fighting for the consumers.

100% of the book sales will be invested in BankMobile Foundation, whose mission is to support entrepreneurs and students who spread financial literacy among their community.
To buy the book, follow the link: www.BankLikeUber.com

Customers Bank is a subsidiary of Customers Bancorp, Inc., a bank holding company in Wyomissing, Pennsylvania and has an illustrious board of directors that includes the founder of London-based C&C Alpha Group, Bhanu Choudhrie.

Jay Sidhu to speak at RFi Group Global Retail Banking Conferences

BankMobile, America's first absolutely no-fee digital bank, revealed that Jay Sidhu, Chairman and CEO, will be speaking at two upcoming RFi Group Global Retail Banking Conferences. RFi Group is a global business intelligence and media provider that focuses on financial services and hence Sidhu is the perfect man to deliver this lecture.

Sidhu is also Chairman and CEO of BankMobile Technologies and Customers Bancorp Inc., a nearly $9 billion asset bank and is forerunner when it comes to developing banking technology.
He will present at “Opportunities in Digital Banking and FinTech" and "The Future of Retail Banking - Innovation, Disruption and Co-opetition," at Banking Hall in the UK.

"I look forward to discussing with senior banking, marketing and payments executives the importance of digital banking in today's high-paced technology-focused world," stated Sidhu. "I established BankMobile with my daughter Luvleen in January 2015 and our mission is to financially empower millennials, middle income Americans and the underbanked. We are on track to have two million students banking with BankMobile by June 30, 2016, and we are focused on providing them with a 'wow' digital banking experience."

At both conferences, Sidhu will present: "The Uberization of Banking - How to create a successful digital only bank targeting millennials." The topics of discussion will be: how to perfect the digital banking experience for millennials; how to market and engender loyalty among millennials; and how to leverage technology to reduce costs and offer free services.

At the Canadian Retail Banking Conference discussions will be held around best practices for – ‘current transactions, savings and deposit accounts, case studies of effective digital engagement and disruption, customer sentiment and loyalty perfecting the balance for financial advice and key take-outs from the World Economic Forum.’

Similarly, at the Global Digital Banking Conference – UK, digital engagement and innovation across retail banking, main bank relationships, share of wallet, targeting specific consumer segments and also marketplace lending and new forms of payments – will be the topics of discussion.

Customers Bank is a subsidiary of Customers Bancorp, Inc., a bank holding company in Wyomissing, Pennsylvania and has an illustrious board of directors that includes the founder of London-based C&C Alpha Group, Bhanu Choudhrie.

Jay Sidhu receives Honorary Degree for contributions to Greater Reading area

BankMobile, America's first absolutely no-fee digital bank, announced that Jay Sidhu, Chairman and CEO, was conferred with an honorary degree from Albright College during its 157th Commencement on May 22, 2016.

One of the most renowned figures in the world of digital banking, Sidhu is also the leader for BankMobile Technologies and Customers Bancorp Inc., an almost $9 billion asset bank in Wyomissing, PA.

"It is a true privilege to be awarded this degree from Albright College, a prestigious school with which we share a community," stated Sidhu.

Sidhu has a wide array of experience, especially in banking, as well as business, finance and marketing. This degree marks the value of his impact on the growth of Greater Reading area.

BankMobile was established with daughter Luvleen Sidhu in January 2015. Luvleen, a millennial herself, has contributed vastly to making the bank student friendly. Its lucrative offers are well recognised among the customers whose number keeps increasing, cited to reach 2 million by June 30, 2016.

Sidhu’s association with banking has been long and fantastic. Before leading Customers Bank, he was the Founder, Chairman and CEO of Sovereign Bancorp Inc. and led them to become the 17th largest in the country. Under Sidhu, it rose from an Initial Public Offering of $12 million to the formidable market cap of $12 billion.

His life has been laden with accolades such as – Financial World's CEO of the Year, Turnaround Entrepreneur of the Year, and he was also named as the Large Business Leader of the Year by the Chamber of Commerce.

Sidhu also has a fabulous academic background—Wilkes University for Master of Business Administration and Harvard Business School from where he graduated in Leadership Course.

Customers Bank is a subsidiary of Customers Bancorp, Inc., a bank holding company in Wyomissing, Pennsylvania and has an illustrious board of directors that includes the founder of London-based C&C Alpha Group, Bhanu Choudhrie.