As Fool contributors Vicki Hutchison and Jason Hall explain in this episode of “Beat and Raise,” recorded on Nov.
Their customer focus is on the smaller, the community banks, the regional banks, those who can’t pay up for a unique individual solution.
The stock is up about 12 percent today, which is really good and will help a lot with what we see down here in the bottom corner of the screen, was down 13 percent over the last year.
They have a lot smaller number of customers, but their registered users are up 12 percent year over year to 19.2 million.
A lot of times the banks, they’re not a Bank of America that have massive resources and departments to build digital banking platforms. They can leverage this company to manage a lot of those things for them.