PYMNTS

DECEMBER 16, 2020

FIS, the bank software and payment technology firm, unveiled a collaboration with Quontic Bank on the Bitcoin Rewards Checking Account. The rollout makes Quontic “the first FDIC insured financial institution in the U.S. Aeldra Taps i2c To Enable Global Banking Services. Aeldra’s U.S.

Bitcoin 157

Bitcoin FDIC Cards California 157

PYMNTS

AUGUST 28, 2019

The banking platform is designed for mobile devices and API connectivity, with NorthOne noting that development partner Treasury Prime designed that API technology to streamline account opening and management. Last year, the Canada-based company raised $2 million from investors Peter Graham, Tom Williams and Ferst Capital Partners.

Mobile 144

Mobile FDIC Tools Taxes 144

PYMNTS

NOVEMBER 9, 2020

The Tracker also examines how mobile and instant disbursement tools could be essential to making sure these individuals are still able to participate and transact within the digital banking world. percent in 2019, its lowest rate in a decade since the FDIC first began tracking this statistic in 2009.

Tools 203

Tools Mobile FDIC Examples 203

PYMNTS

DECEMBER 11, 2020

The FinTech partnered with Metropolitan Commercial Bank for FDIC backing of deposits up to $250,000. “As They should have the tools to help them manage their money more conveniently and accurately,” said Nik Storonsky , founder and chief executive officer of Revolut.

cryptocurrency 214

cryptocurrency blockchain FDIC Bitcoin 214

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. The post Reacting Quickly to SVB Fallout, Mercury Launches Vault, with $5M FDIC Deposit Insurance first appeared on Fintech Labs SMB Center. Related: Top 15 U.S.

FDIC 15

FDIC Online Tools Digital Banking 15

PYMNTS

MAY 15, 2019

We will lower barriers to new experiences by gradually expanding the number of Galaxy models that support blockchain functions,” said Chae Won-cheol, senior managing director of Product Strategy at Samsung’s Wireless division, according to The Next Web. FDIC) — the FDIC-insured accounts will be linked to a crypto prime dealer.

Samsung 191

Samsung blockchain Bitcoin FDIC 191

Jeff For Banks

JANUARY 14, 2021

A mid-2020 survey performed by Cornerstone Advisors showed that 51% of retail customers that opened a new bank account within the last three months did so at a large, national bank. Eighteen percent of that group opened an account at a digital bank. Two percent opened an account at a community bank.

Community Bank 130

Community Bank Community FDIC Strategy 130

Fintech Labs Insights

APRIL 6, 2023

Case in point: Just days after the Feds took over SVB, Mercury was in market with its Mercury Vault, offering $5 million in FDIC insurance by distributing balances across 20 insured banks. Looking for digital banks, lenders, payment providers, insurance or digital accounting for small businesses? The post Top U.S.

Digital Banking 15

Digital Banking Online FDIC San Francisco 15

PYMNTS

DECEMBER 11, 2020

The FinTech partnered with Metropolitan Commercial Bank for FDIC backing of deposits up to $250,000. “As They should have the tools to help them manage their money more conveniently and accurately,” said Nik Storonsky , founder and chief executive officer of Revolut.

cryptocurrency 150

cryptocurrency blockchain FDIC Bitcoin 150

PYMNTS

NOVEMBER 20, 2020

Physical banking was already on the decline before the COVID-19 pandemic put much of the physical economy into the deep freeze for a year and left customers scrambling to digitize their day-to-day lives as much as possible and as fast as possible.

Metro 222

Metro Massachusetts FDIC Trends 222

PYMNTS

DECEMBER 16, 2018

That marketing material was removed from the page over the weekend, as were tweets promoting it at the launch — the FinTech is now calling the offering a cash management service, reported Bloomberg. Robinhood’s new products aren’t insured by the FDIC but do have the protection of the Securities Investor Protection Corp.

FDIC 191

FDIC Fintech Regulation Report 191

Fintech Labs Insights

JUNE 26, 2023

Case in point: Just days after the Feds took over SVB, Mercury was in the market with Mercury Vault , offering $5 million in FDIC insurance by distributing balances across 20 insured banks. Looking for digital banks, lenders, payment providers, insurance or digital accounting for small businesses?

Digital Banking 15

Digital Banking Online FDIC San Francisco 15

PYMNTS

MAY 26, 2016

A new report from the Federal Deposit Insurance Corporation (FDIC) shows that mobile banking can empower underserved customers to have greater control over their finances and ultimately open up access to mainstream banking.

Mobile 104

Mobile FDIC Survey Security 104

PYMNTS

OCTOBER 4, 2019

When we built Credit Karma Savings, we wanted to develop a product that made opening a savings account as easy as possible for our members,” said Jagjit Chawla, general manager of savings and tax for Credit Karma, in a release. We spent the first 12 years focusing on helping Americans manage their debt.

West Virginia 132

West Virginia Virginia FDIC Taxes 132

Gonzobanker

FEBRUARY 1, 2024

Since banks with less than $10 billion in assets continue to struggle in deposit gathering, scale and overall earnings, we wonder how many will not be here in five years? The FDIC Approved This Ad How many times did we hear a speaker admonish the audience to “be sure and sign up for the FDIC notification list.” Five Hundred? (Oh

Conference 88

Conference FDIC Arizona Industry 88

PYMNTS

MAY 27, 2020

For banks, the opportunity is there to cement the trust of their customers during uncertain times that have made individuals increasingly uncertain about personal health, job security, paychecks and even whether the money they have in the accounts is safe and sound. There is still a ‘physical’ need,” said NCR’s Brown. “In

Fintech 236

Fintech Innovation Digital Banking FDIC 236

Gonzobanker

MARCH 22, 2023

“Bank confidence is a fragile reed, and a troubled bank is damaged by any rumors, true or not.” Irvine Sprague, Former FDIC Director So Gonzo Bankers … how many of us have been hesitant lately to check our iPhone each morning to see what trouble may have hit the fan in the financial world during a few restless hours of slumber?

social media 78

social media Capital Risk Management Strategy 78

Fintech Labs Insights

NOVEMBER 10, 2023

Consumers have been banking online for 28 years. And from the very beginning, there have been pure-play digital banking startups. The first, online bank Security First Network Bank (SFNB) launched in 1995, just a year after Amazon.com. But unlike ecommerce, digital-only banking was slow to catch on.

Digital Banking 15

Digital Banking Online Atlanta Las Vegas 15

Gonzobanker

MAY 4, 2020

As Cornerstone Managing Director Brad Smith put it, this deal might not get the coverage of Visa/Plaid, but it should, because Galileo is like a mashup of Plaid and Q2’s CorePro if CorePro was extended to payments, lending and investments. Other similar challengers Square and Varo Money received FDIC approval in the past couple months.

Fintech 109

Fintech FDIC Capital Community Bank 109

Ublocal

FEBRUARY 7, 2024

Welcome to Union Bank’s exciting journey into the world of investments! Through our UB2Go digital banking platform , we’re introducing an easy-to-use digital investment app. Unlocking Potential: The Union Bank Path to Financial Freedom Investing in the stock market is about more than just making money.

New Hampshire 98

New Hampshire Vermont Strategy Marketing 98

CFPB Monitor

OCTOBER 22, 2020

” It also requires the Bureau to consult with the Fed, OCC, FDIC, and FTC to ensure, to the extent appropriate, that any rule implementing Section 1033 imposes substantively similar requirements on covered persons, takes into account conditions under which covered persons do business both in the U.S.

Data 78

Data FDIC Digital Banking Compliance 78

PYMNTS

AUGUST 17, 2017

Chase, Wells Fargo, Bank of America and Citi, to name a few, all scaled back their physical bank branch locations between 2012 and 2016, according to the Federal Deposit Insurance Corporation (FDIC). Additionally, if recent trends are any indication, physical bank branches stand to lose a lot of ground in the near future.

Millennials 132

Millennials Digital Banking San Francisco Fintech 132

PYMNTS

OCTOBER 8, 2019

come from all over the world, though Latin America and Asia are the leading contributing portals, and they work in every vertical – though migrant workers more often work in service sector jobs than management positions. Foreign workers in the U.S. The median weekly earnings of foreign-born, full-time wage and salary workers was $758.

Community 126

Community United States Meeting Houston 126

PYMNTS

OCTOBER 8, 2019

come from all over the world, though Latin America and Asia are the leading contributing portals, and they work in every vertical – though migrant workers more often work in service sector jobs than management positions. Foreign workers in the U.S. The median weekly earnings of foreign-born, full-time wage and salary workers was $758.

Community 116

Community United States Meeting Houston 116

PYMNTS

APRIL 27, 2016

Goldman Sachs has officially entered the world of online retail banking. On Tuesday (April 26), various media outlets reported that the investment bank is expanding its customer base with the launch of its own FDIC-insured, Internet-based savings bank called GS Bank.

Retail 100

Retail Online FDIC Software 100

PYMNTS

JULY 16, 2018

Citizens Rolls Out Digital Bank. Citizens Financial Group officially announced the launch of its nationwide, direct-to-consumer digital bank earlier this week: Citizens Access. The Citizen Access digital bank will also be marketed separately from Citizens’ current branch footprint.

Cards 100

Cards Data Digital Banking Retail 100

MyBankTracker

AUGUST 5, 2020

To provide greater convenience to members, PSECU offers consumer-friendly ATM access and anytime, anywhere digital banking tools. Mobile Banking App. Smartphones and mobile devices have become a vital part of how consumers manage their money. ATM Access. Deposit Insurance. Conclusion. 1) You can earn 1.5%

Pennsylvania 52

Pennsylvania ATM FDIC Cards 52

MyBankTracker

NOVEMBER 19, 2020

Online & Mobile Banking. Since there are no physical branches, digital banking tools are crucial to helping customers access and manage their CIT Bank accounts. And, they should be more than enough to handle the majority of everyday banking transactions. 9 Reasons Why You Still Want a Bank With Branches.

Banking 2020 52

Banking 2020 ATM Online Marketing 52

PYMNTS

NOVEMBER 1, 2018

And that is a bank – one with FDIC insurance and safeguards that keep their money safe. 93 percent had a bank account. Banks have that base of trust, and the ability to engage with customers,” Oosthuizen added. Conflict in the digital world is hardly fiction or the stuff of pumped-up narrative.

Fintech 191

Fintech UX Mobile FDIC 191

PYMNTS

OCTOBER 6, 2017

In an interview conducted by PYMNTS’ Karen Webster with Brian Bailey, managing director for North America at Cardtronics , the discussion turned to why and how cash has remained so sticky. That environment renders digital banking inaccessible. In addition, 80 percent of respondents use cash each month.

United States 119

United States Study Cards FDIC 119

PYMNTS

OCTOBER 29, 2018

In most of those cases, the narrative was about the rise of the neo-bank targeted to millennials, whose distrust of traditional banks rivaled that of their parents’ or grandparents’ distrust of “The Establishment” in the 1960s. And that is a bank – one with FDIC insurance and safeguards that keep their money safe.

Payments 196

Payments Google Apple Innovation 196

NCR

APRIL 15, 2016

According to the FDIC, the total number of banking and thrift charters declined from around 20,000 in 1980 to 6,812 at the end of 2013. A long list of financial institutions has been swallowed up by mergers and acquisitions, and many more have simply disappeared.

Security 40

Security Knowledge Base FDIC Mobile 40

Fintech Labs Insights

MAY 2, 2023

Below is our curated list of the best global banking tech events, conferences and trade shows in 2023. These are the largest events in the financial services industry geared towards banking technologists, program managers, marketers, developers and C-Suite execs at both legacy financial institutions and upstart banktech and fintech firms.

Las Vegas 12

Las Vegas San Francisco San Diego Conference 12

Fintech Labs Insights

FEBRUARY 1, 2017

It’s just called AI, spending management, or nothing at all since it’s now baked into many digital banking offerings. However, automated spending management is still not widely used by customers, because the big players don’t make it available by default, except Wells Fargo, with its My Spending Report.

FDIC 12

FDIC Mobile Apple Google 12

PYMNTS

JANUARY 21, 2020

Payments processing and digital banking tech firm i2c has partnered with business payment services provider CashFlows to benefit payment card issuers across Europe, i2c announced on Tuesday (Jan. The partnership enabled Evolve to offer its FinTech clients a way to develop customized banking and payment products.

Cards 131

Cards Payments FDIC Digital Banking 131

PYMNTS

JANUARY 22, 2020

Payments processing and digital banking tech firm i2c has partnered with business payment services provider CashFlows to benefit payment card issuers across Europe, i2c announced on Wednesday (Jan. The partnership enabled Evolve to offer its FinTech clients a way to develop customized banking and payment products.

Cards 130

Cards Payments FDIC Digital Banking 130

Abrigo

FEBRUARY 8, 2024

As financial transactions become increasingly digital, consumers and businesses must be equipped with the knowledge to navigate day-to-day business securely. At the same time, it is important not to deter clients from using digital banking methods for daily transactions.

Fraud 195

Fraud Resources social media Software 195