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Florida money transfer company files to form digital bank

Payments Source

Payservices would use deposits largely to support its existing business. It has no plans to make loans.

Florida 112
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Branching Out: Physical Locations Boost CUs' Digital Plans

PYMNTS

Petersburg, Florida-based CUSO said its Enhanced Fraud Services initiative has already helped 10 credit unions combat fraud, including chargebacks stemming from instances of members’ payment card details being stolen and sold on the dark web. Coast Capital On The Innovations Driving CUs’ Digital-First Future.

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Florida money transfer company files to form digital bank

American Banker

Payservices would use deposits largely to support its existing business. It has no plans to make loans.

Florida 40
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The Tale of the Digital Banks

Gonzobanker

Yet while the demos and screen shots at events like Finovate have provided fascinating fodder regarding the future of digital banking, the FACTS show that these buzz-worthy players have had infinitesimal impact on market share. Ally Bank $23,212,768 $60,709,382 $37,496,614. Capital One* 29,565,607 54,374,989 24,809,382.

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BauerFinancial Recognizes Popular Bank

PopularBank

BauerFinancial is the nation’s leading depositor-focused independent bank rating firm. Popular Bank has branches in New York, New Jersey, and Florida, and provides 24/7 digital banking solutions and access to 55,000 ATMs through the Allpoint network. To learn more, visit PopularBank.com or call 1-800-377-0800.

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Credit Unions Step Up During Government Shutdown

PYMNTS

In North Dakota , NorthStar Credit Union is deferring loan payments for effected federal workers, while a Brevard County Florida credit union is offering a specialized stop-gap loan for federal workers to make sure they can keep paying their bills on time. The shutdown must come to an end. There is really no bright side to either.

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Popular Bank Awarded Five-Star Rating From BauerFinancial For 19th Consecutive Quarter

PopularBank

.” BauerFinancial is the the nation’s premier bank and credit union rating firm. Popular Bank has branches in New York, New Jersey, and Florida, and provides 24/7 digital banking solutions and access to 55,000 ATMs through the Allpoint network. To learn more, visit PopularBank.com or call 1-800-377-0800.