Fintech Labs Insights

APRIL 4, 2023

Within days of the fall of Silicon Valley Bank, challenger small-business banking provider Mercury , was in market with a timely solution to deposit insurance stress. Using this link new customers earn a $250 bonus after spending $10k on their new Mercury debit card. Related: Top 15 U.S.

FDIC 15

FDIC Online Tools Digital Banking 15

PYMNTS

SEPTEMBER 18, 2020

News about Chime ’s latest funding round might give pause when comparing the tech-savvy upstart’s valuation against some traditional banking players. This week, Chime, focused on banking via mobile apps, held a $485 million series F funding round that valued the company at $14.5 billion, as CNBC reported.

Los Angeles 140

Los Angeles UX Cards FDIC 140

PYMNTS

JULY 24, 2019

High-yield checking and savings are now being offered by online wealth advisor Betterment as a way to attract new customers. . It’s really hard for banks to follow us here,” Betterment founder and CEO Jon Stein told CNBC. “If Profits from the new offerings will come from debit card interchange fees, the article said.

Fintech 162

Fintech FDIC National Online 162

PYMNTS

NOVEMBER 12, 2020

FDIC) study found that the number of unbanked U.S. A focus now on unbanked and underbanked Americans takes advantage of momentum in the digital payments space as more connected and interoperable services come online. Because for those with a smartphone but not a bank account or charge card, life is extra tough right now.

Mobile 202

Mobile Study Tools FDIC 202

PYMNTS

JULY 16, 2018

This week, the lucky winner is Macy’s , which disclosed to the world that hackers had obtained names and passwords of online customers — and might have accessed credit card numbers and expiration dates as well. Citizens Rolls Out Digital Bank.

Cards 100

Cards Data Digital Banking Retail 100

PYMNTS

MARCH 18, 2019

The accounts come with debit cards, digital payments and free check cashing, but do not allow overdrafts.”. Thasunda Duckett, chief executive of Chase Consumer Banking, told the news service she “hopes the new accounts will attract more low-income individuals and people who have never had bank accounts.” In 2017, 6.5

America 175

America Survey FDIC System 175

MyBankTracker

AUGUST 5, 2020

The most notable are: Founder’s Rewards Card. cash rewards) on all card purchases. The Founder’s Card is positioned as the ideal cash rewards credit card for general spending because few credit cards on the market can deliver 2% cash rewards. Visa Classic Card (Balance Transfer). ATM Access.

Pennsylvania 52

Pennsylvania ATM FDIC Cards 52

MyBankTracker

NOVEMBER 19, 2020

Sponsored Content Disclosure: This content was commissioned and paid for by the bank advertiser. CIT Bank is among the largest 50 U.S. banks and it also happens to be one of the biggest online banks (based on domestic deposits). Yet, many consumers have never heard of the bank. CIT Bank Savings Builder.

Banking 2020 52

Banking 2020 ATM Online Marketing 52

Fintech Labs Insights

MAY 24, 2021

I’ve been expecting digital banking disrupters in the SMB space since the beginning of the online banking era (late-1990s). Business debit card with free withdrawals. Security features (account freeze, real-time transaction notifications, FDIC insured). But now we have some impressive entrants. marketplace.

Taxes 15

Taxes United States FDIC ATM 15

Fintech Labs Insights

MAY 24, 2021

I’ve been expecting digital banking disrupters in the SMB space since the beginning of the online banking era (late-1990s). Business debit card with free withdrawals. Security features (account freeze, real-time transaction notifications, FDIC insured). Top 26 Digital Lenders to U.S. marketplace.

Taxes 15

Taxes United States FDIC ATM 15

Abrigo

FEBRUARY 8, 2024

Takeaway 2 Client fraud education at financial institutions should include takeaways that explain how to protect themselves from phishing and tips for staying secure online. Takeaway 3 Numerous resources can help banks and credit unions offer training on fraud to help customers or members recognize scams and avoid theft.

Fraud 195

Fraud Resources social media Software 195

William Mills

SEPTEMBER 9, 2016

Small banks just want a list of those that maybe leaving, which IBM can provide with an export. Larger banks want an API and dig-down. You can look at life events such as marriage, credit card, new job, etc. That will show the likelihood that a customer may take an action such as leaving the bank. It’s pretty cool.

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. Walmart gift cards also work in-app. Goldman Sachs Goes Digital. Need to know a bit more? Good news for you. Venmo’s FTC Troubles(?). Better late than never.

Software 100

Software Mobile Regulation FDIC 100

PYMNTS

NOVEMBER 2, 2020

In an interview with PYMNTS, Neel Ganu , CEO of FinTech Finch said that combining banking and investing activities into a single account can help these younger consumers optimize their daily finances and grow their wealth in the meantime. To look to disrupt any vertical requires addressing pain points – namely, what’s not working.

Millennials 221

Millennials Fintech Course FDIC 221