Friday, November 30th, 2018

T-Mobile Launches a Mobile Banking Solution
T-Mobile Money Website

The mobile telecommunications company is rolling out a new digital banking service called T-Mobile Money.

T-Mobile Money customers will be given up to 4% Annual Percentage Yield, no account fees, and access to over 55,000 no-fee ATMs. Users will also be able to access their checking account funds via Apple Pay, Google Pay, and Samsung Pay mobile wallets.

T-Mobile Money is backed by Bank Mobile a division of Customers Bank and is FDIC-Insured.

Cruise Automation Announces a New CEO
Press Release

The American Driverless Car company, which is owned by General Motors, announced that it’s appointing Dan Ammann as its new CEO.

Prior to Cruise, Ammann served as the President of General Motors and also led the acquisition efforts of the automation company back in 2016.

Kyle Vogt, Cruise’s co-founder will serve as President and Chief Technology officer beginning on January 1st, 2019.

Airbnb Looks to Design Houses
Press Release
Samara Website

The global home-sharing platform announced that it’s looking to get into the housing business.

Airbnb’s design studio called Samara announced its first project dubbed “Backyard”. Backyard will be an initiative to “prototype new ways that homes can be designed, built, and shared” and will focus on “humanistic, future-oriented, and waste-conscious design”.

Initial prototypes are expected to launch by the third quarter of 2019.