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BankMobile Is One Of Six New FIs To Offer Smart Digital Bank Accounts Via Google Pay

PYMNTS

BankMobile, BBVA USA, BMO Harris, The Coastal Community Bank, First Independence Bank (a federally designated minority depository institution) and SEFCU will join Citi and Stanford Federal Credit Union in the offering beginning next year. “We 3) in announcing the bank’s agreement with Google. .

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BBVA To Close Simple, Move Customers Over To BBVA USA

PYMNTS

Talk Android posts a letter from the company in which it says there will be "no immediate impact" to accounts and that users don't need to do anything right now, with their funds housed in FDIC insured accounts with BBVA. And, the company says it wants to make the transition "as smooth as possible" for customers.

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OCC and FDIC issue joint proposal to revise CRA regulations; Ballard Spahr to hold Jan. 29 webinar

CFPB Monitor

The OCC and FDIC have issued a joint proposal to revise their regulations implementing the Community Reinvestment Act (CRA). Although the Federal Reserve, OCC and FDIC, are the primary CRA regulators, the Fed did not join the proposal and presumably will issue a separate proposal. ” Click here to register.

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London Neobank Revolut Debuts Four New Cryptocurrencies

PYMNTS

to meet demand, the company said. The FinTech partnered with Metropolitan Commercial Bank for FDIC backing of deposits up to $250,000. “As The startup reminded people that cryptocurrencies are not regulated in the U.K. by the FCA and are not protected by the Financial Services Compensation Scheme.

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London Neobank Revolut Debuts Four New Crypto Tokens

PYMNTS

to meet demand, the company said. The FinTech partnered with Metropolitan Commercial Bank for FDIC backing of deposits up to $250,000. “As The startup reminded people that cryptocurrencies are not regulated in the U.K. by the FCA and are not protected by the Financial Services Compensation Scheme.

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Why Mobile Banking Is Key To Helping The Underserved

PYMNTS

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.

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The Death of the Community Bank

Jeff For Banks

Much like the General Store fell victim to the supermarket and the lumber yard fell victim to Home Depot, I predicted the community bank that did not pick targeted customer niches or develop product expertise will meet it's doom. Eighteen percent of that group opened an account at a digital bank. Result: I was right.