CFPB Monitor

DECEMBER 27, 2019

The Notice of Proposed Rulemaking was issued only by the OCC and the FDIC. If the OCC and FDIC move forward without agreement from the Federal Reserve, different banks could be faced with wildly different CRA regimes. The regulators themselves can’t even find their way to agreement.

FDIC 117

FDIC Community Groups Regulation 117

PYMNTS

JULY 30, 2019

Having a simple bank checking account costs an average a monthly maintenance fee of $13.58 ATM fees, on the other hand, average around $4.66. That is why, MoneyLion Founder and CEO Dee Choubey said , his firm has set out to build a bank that isn’t a bank. or $163 a year.

Digital Banking 190

Digital Banking ATM Study FDIC 190

PYMNTS

MARCH 26, 2020

LendingClub, on the other hand, started life as a FinTech, but will become a bank after buying one earlier this year. Square also made the jump into officially becoming a bank this week, with the award of an ILC banking license by the FDIC. What we learned was interesting.

Innovation 241

Innovation Fintech Data Examples 241

PYMNTS

OCTOBER 8, 2019

What Majority is offering, Larsson noted, is a digital banking solution designed for migrant workers that wipes out all the mystery fees, and aims to provide a way to come in off the financial margins and into the digital economy like everyone else. For $5 per month, Majority members in the U.S.

Community 126

Community United States Meeting Houston 126

PYMNTS

OCTOBER 8, 2019

What Majority is offering, Larsson noted, is a digital banking solution designed for migrant workers that wipes out all the mystery fees, and aims to provide a way to come in off the financial margins and into the digital economy like everyone else. For $5 per month, Majority members in the U.S.

Community 116

Community United States Meeting Houston 116

PYMNTS

JANUARY 30, 2018

Bank of America’s response to the barrage of complaints was to guide the e-account customers to their Core Checking account, which they claimed offered a “great value.”. Their average customer is 32, and by and large people who have already migrated to digital banking – and almost never use tellers.

America 109

America Maryland FDIC Millennials 109

William Mills

SEPTEMBER 9, 2016

International lending platform – Create opportunities for Investors. 2015 formed aspire to address inefficiencies in alternative lending market. Andrew Barnett – Principal Digital Banking and Payments Consultant and Elizabeth Santorelly. Now showing the use case on a mobile device and an ATM.

social media 40

social media ATM Mobile Customer Experience 40