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The Future of Noninterest Income at Financial Institutions

Abrigo

Finally, banking alternatives such as Chime-Spot Me, an app offering to cover debit card purchases and cash advances that overdraw the account from $20 to $200 without an overdraft fee, have become more competitive. Some respondents indicated this may come in the form of higher fees and purchases of loans originated on a fintech platform.

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Stablecoin Outlook Anything But Stable As Regulation, Legislation Loom

PYMNTS

The issue is that, Facebook aside, many of these coins, which are in the process of being launched or even yet to be conceptualized, will be “minted” by a slew of smaller FinTech and non-bank companies (including those focused on blockchain ), with relatively limited resources to devote to hurdling regulatory challenges.