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Deep Dive: Why CU-Issued Credit Cards Face An Uphill Battle

PYMNTS

Despite these advantages, credit unions’ cards face unique struggles traditional banks do not have. The largest of these is the interest cap, which may be advantageous to customers, but makes it more difficult for CUs to compete with other card issuers due to a lack of capital. First of Omaha Service Corp.

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D3 Digital Banking Platform Goes Live at First Tennessee Bank

Fintech Labs Insights

The largest Tennessee-based bank, First Tennessee Bank, has gone live with a digital banking platform from D3 Banking. The deployment will provide a personalized banking experience for almost half a million digital customers while lowering costs for First Tennessee Bank.

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Fintech Fundings: 186 Companies Raised $1.6 Billion in June

Fintech Labs Insights

D3 Banking. Banking platform. HQ: Omaha, Nebraska. Tags: SMB, capital raising, VC, venture capital, p2p, peer-to-peer, investing. Source: FT Partners. Latest round: $16.4 Total raised: $33.4 Source: Crunchbase , Finovate. SpotCap (Rocket Internet). Alt-lender to small businesses. Latest round: $14.4

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