PYMNTS

SEPTEMBER 18, 2020

What shall we make of private fundraising rounds that make valuation leaps, tacking on billions of dollars with each new capital raise? News about Chime ’s latest funding round might give pause when comparing the tech-savvy upstart’s valuation against some traditional banking players.

Los Angeles 231

Los Angeles UX Cards FDIC 231

Gonzobanker

MARCH 22, 2023

“Bank confidence is a fragile reed, and a troubled bank is damaged by any rumors, true or not.” Irvine Sprague, Former FDIC Director So Gonzo Bankers … how many of us have been hesitant lately to check our iPhone each morning to see what trouble may have hit the fan in the financial world during a few restless hours of slumber?

social media 78

social media Capital Risk Management Strategy 78

Gonzobanker

FEBRUARY 1, 2024

Since banks with less than $10 billion in assets continue to struggle in deposit gathering, scale and overall earnings, we wonder how many will not be here in five years? The FDIC Approved This Ad How many times did we hear a speaker admonish the audience to “be sure and sign up for the FDIC notification list.” Five Hundred? (Oh

Conference 88

Conference FDIC Arizona Industry 88

PYMNTS

SEPTEMBER 18, 2020

What shall we make of private fundraising rounds that make valuation leaps, tacking on billions of dollars with each new capital raise? News about Chime ’s latest funding round might give pause when comparing the tech-savvy upstart’s valuation against some traditional banking players.

Los Angeles 140

Los Angeles UX Cards FDIC 140

PYMNTS

MAY 27, 2020

For banks, the opportunity is there to cement the trust of their customers during uncertain times that have made individuals increasingly uncertain about personal health, job security, paychecks and even whether the money they have in the accounts is safe and sound. If you talk to a consumer, most of them want to make money on their money.”.

Fintech 236

Fintech Innovation Digital Banking FDIC 236

PYMNTS

APRIL 27, 2016

Goldman Sachs has officially entered the world of online retail banking. On Tuesday (April 26), various media outlets reported that the investment bank is expanding its customer base with the launch of its own FDIC-insured, Internet-based savings bank called GS Bank. savings bank annual yield of.06

Retail 100

Retail Online FDIC Software 100

PYMNTS

AUGUST 17, 2017

Chase, Wells Fargo, Bank of America and Citi, to name a few, all scaled back their physical bank branch locations between 2012 and 2016, according to the Federal Deposit Insurance Corporation (FDIC). Additionally, if recent trends are any indication, physical bank branches stand to lose a lot of ground in the near future.

Millennials 132

Millennials Digital Banking San Francisco Fintech 132

PYMNTS

OCTOBER 29, 2018

The motivation for that move was to create more of a direct relationship with the sellers in order to provide them with more services, including working capital and lower processing fees – fees, they say, that can be as much as 25 percent lower in some cases. 93 percent had a bank account.

Payments 196

Payments Google Apple Innovation 196

Fintech Labs Insights

FEBRUARY 1, 2017

It’s just called AI, spending management, or nothing at all since it’s now baked into many digital banking offerings. While the term PFM is dead, the concept, employing software to watch over your finances, is more widespread than ever. Enter Clarity Money into the crowded field.

FDIC 12

FDIC Mobile Apple Google 12

William Mills

SEPTEMBER 9, 2016

Andrew Barnett – Principal Digital Banking and Payments Consultant and Elizabeth Santorelly. After they bought CheckFree a lot of Fiserv folks have been based in Georgia. What I expect is that Fiserv has developed a way for banks to be part of the social funding market segment (like Prosper). I really like these guys.

social media 40

social media ATM Mobile Customer Experience 40

PYMNTS

MAY 2, 2016

Also in the mix, Walmart Pay has taken yet another step away from the theoretical toward the actual and Goldman Sachs went into digital banking. Goldman Sachs Goes Digital. The minimum account balance needed to start a GS Bank account is only $1 and is open to anyone with an Internet connection. Need to know a bit more?

Software 100

Software Mobile Regulation FDIC 100