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Chime, Challenger Banks And The Challenges Of (Lofty) Valuations

PYMNTS

And CNBC notes that, conversely, the KBW Bank Index is down by roughly a third. The online-only bank lets customers deposit and save money on its platform and spend using a no-fee debit card. Accounts are FDIC-insured through a partnership with Bancorp Bank.

article thumbnail

Chime, Challenger Banks And The Challenges Of (Lofty) Valuations

PYMNTS

And CNBC notes that, conversely, the KBW Bank Index is down by roughly a third. The online-only bank lets customers deposit and save money on its platform and spend using a no-fee debit card. Accounts are FDIC-insured through a partnership with Bancorp Bank.

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Finovate Fall 2016 Live Blog – Day 2

William Mills

Los Angeles-based global company. “We Showing a virtual bank demo via Chrome browser on a Mac. Andrew Barnett – Principal Digital Banking and Payments Consultant and Elizabeth Santorelly. This sounds like the best of both worlds – social funding for SMB’s with the backing of their FDIC-insurance bank.