article thumbnail

Digital Bank Startup Branch Offers Mobile Payments

PYMNTS

In addition to its partnership with Mastercard, Evolve Bank & Trust, the Memphis-based lender, will provide a free checking account and debit card. Branch is in a crowded market with lots of competition, including Vserv Digital Services in Singapore, Phizzle in San Francisco, New York’s Engen and Magnify360 of Los Angeles.

article thumbnail

Jim Reber: Collateral advantage

Independent Banker

By Jim Reber, ICBA Securities As many community bankers are still picking up the pieces from their bond portfolio’s meltdown last year, it occurs to me that the breathtaking rise in rates has created at least one byproduct that is both unusual in frequency and tangibly beneficial for future performance. One is that they are loan surrogates.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Jim Reber: Floating rate assets are back

Independent Banker

The financial press, economic commentators and social media sites have used a collection of terms this year that convey a certain image of market values for investment securities: “Plummet.” Trust me when I say it was not a money-market equivalent. Another enticement is the market values of 7(a)s are remarkably stable.

Memphis 103
article thumbnail

Jim Reber: March sanity

Independent Banker

By Jim Reber, ICBA Securities. In March of that year, while thousands were attending ICBA LIVE in Orlando, the financial markets went into a frenzy. The bond market, represented in this column by the five-year treasury note, has risen in March seven of the last 10 years. Photo by Gleitfrosch/iStock. Education on Tap.

article thumbnail

Accelerating To The Future?

PYMNTS

Startups in the accelerator also get the chance to meet with CEOs and investment firms to learn what has made them successful, get advice on their growing businesses and possibly secure investments. There are a lot of exciting things surrounding IoT medtech and biotech and digital security happening at accelerators.”.

Portland 100
article thumbnail

150+ Startups Reshaping The Wellness Industry

CB Insights

This market map includes private companies only and is not meant to be exhaustive of companies in the space. Clients with access to expert collections can download and edit this Market Map using our Collections tool here. . Scroll down to see the full list of companies in the graphic. Categories are not mutually exclusive.

article thumbnail

Top 63 Online Digital Banks for U.S. Consumers (Nov 2023)

Fintech Labs Insights

The first, online bank Security First Network Bank (SFNB) launched in 1995, just a year after Amazon.com. The legacy players held their market share by providing digital services deemed “good enough” to retain customers loath to switch banks. 257 $45 36 Bambu 39 2016 Memphis 166,000 2.3 2 $520 12 Acorns 613 2012 LA 2,170,000 2.3