PYMNTS

DECEMBER 16, 2020

Plus, Barclaycard is launching a Barclaycard Precisionpay Go system to let companies issue virtual cards for the online business expenses for employees. . FIS Powers Launch Of Quontic Bank’s Bitcoin Rewards Account. The rollout makes Quontic “the first FDIC insured financial institution in the U.S. Aeldra’s U.S.

Bitcoin 157

Bitcoin FDIC Cards California 157

PYMNTS

JULY 16, 2019

Among the latest examples, N26 , which is a digital-only bank based in Europe, has entered the US market through partnership with Axos Bank in order to offer FDIC insured accounts. The partnership also includes the joint launch of a debt card, and N26 has said that it has 3.5

Digital Banking 101

Digital Banking US FDIC Cards 101

PYMNTS

APRIL 24, 2020

India’s KarbonCard , a FinTech that offers startups in India and Southeast Asia with corporate card solutions, secured $1 million in new funding from Orios Venture Partners, Whiteboard Capital, and others, according to YourStory reports. As an FDIC insured bank in the U.S., next year.

Fintech 193

Fintech Capital Security Digital Banking 193

PYMNTS

JUNE 9, 2020

percent APY, an optional auto-deposit, no fees or minimums, and security as “Affirm Savings is FDIC-insured and accounts are held by our bank partner, Cross River Bank, member FDIC,” per the announcement. The Affirm Savings account comes with 1.30 As a result, it claims that many hope to steer clear of them.

FDIC 151

FDIC Millennials Google Payments 151

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

CB Insights

AUGUST 3, 2021

California-based Mercury is an online banking platform that offers a suite of financial services such as FDIC-insured bank accounts, physical and virtual cards, and cash management for startups, e-commerce stores, and angel investors, among others. HOW’S THE COMPANY PERFORMING? Want the full post?

Digital Banking 73

Digital Banking Company FDIC California 73

PYMNTS

SEPTEMBER 4, 2019

Chime , a digital banking startup based in San Francisco, said it has reached a threshold of five million customers and plans to introduce a new overdraft initiative to help them, according to a report. The startup is an FDIC-insured mobile bank that has no physical branches and pledges to offer customers fewer fees.

San Francisco 109

San Francisco Digital Banking FDIC Mobile 109

PYMNTS

NOVEMBER 2, 2020

Ganu offered up a use case as illustration: The user who deposits a hypothetical $1,000 into their Finch account receives a Finch debit card. The cardholder goes to Starbucks, swipes the card for a $5 latte — and the coffee is paid for by a fractional portion of the portfolio (which can be allocated between bond ETF or broader market ETFs).

Millennials 221

Millennials Fintech Course FDIC 221

PYMNTS

JULY 24, 2019

Profits from the new offerings will come from debit card interchange fees, the article said. Like other FinTechs, Betterment will partner with FDIC-insured institutions since it doesn’t have a bank charter. The average national yield of savings accounts is 0.10%, whereas Betterment’s annual yield is 2.69%.

Fintech 162

Fintech FDIC National Online 162

PYMNTS

DECEMBER 16, 2020

Aeldra, whose partners include Blue Ridge Bank, N.A, banking and investment through a “digital private banking” experience. resident and non-resident international clients of Aeldra can open an FDIC-insured U.S. account with a Global Mastercard Debit Card in five minutes on a mobile device.

United States 168

United States FDIC California Mobile 168

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 11, 2019

And, according to the announcement, N26 partners with Axos Bank to offer a Visa debit card and FDIC-insured checking account. Its mobile app and debit card come with many features that the company says “empower customers to take control of their finances.” also looks to debut Metal — a premium tier account — to U.S.

Mobile 121

Mobile US United States FDIC 121

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

FICO

APRIL 7, 2022

Following the highly successful The 11 Commandments of Digital Banking eBook , we are publishing a series of 5 deeper dive blog posts that group the 11 Commandments below into common themes: Digital lift-and-shift is not a strategy! Let customers use the channels they love to access other areas of the bank quickly.

Digital Banking 52

Digital Banking Security Fraud America 52

Jeff For Banks

DECEMBER 10, 2024

Although one might argue that First Citizens BancShares of Raleigh is a SIFI as it had $220 billion of total assets, roughly the size of Silicon Valley Bank when it failed. The FDIC designated SVB as systemically important. My method was to search for the best banks based on total return to shareholders over the past five years.

Las Vegas 70

Las Vegas Lending Community Bank North Carolina 70

PYMNTS

OCTOBER 6, 2017

That statement may come as a surprise against a backdrop where digital wallets and eCommerce have grabbed their share of headlines and acclaim in the payments world. But as readers in this space know, the move to cashless is not a done deal, nor is it written in the cards (no pun intended).

United States 119

United States Study Cards Payments 119

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 Retail Digital Banking 100

PYMNTS

OCTOBER 8, 2019

What Majority is offering, Larsson noted, is a digital banking solution designed for migrant workers that wipes out all the mystery fees, and aims to provide a way to come in off the financial margins and into the digital economy like everyone else. For $5 per month, Majority members in the U.S.

Community 126

Community United States Meeting Houston 126

PYMNTS

OCTOBER 8, 2019

What Majority is offering, Larsson noted, is a digital banking solution designed for migrant workers that wipes out all the mystery fees, and aims to provide a way to come in off the financial margins and into the digital economy like everyone else. For $5 per month, Majority members in the U.S.

Community 116

Community United States Meeting Houston 116

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

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

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

Fintech Labs Insights

FEBRUARY 13, 2025

3,800 reviews) Resources : Looking for digital banks, lenders, payment providers, insurance or digital accounting for small businesses? 156 13 Fifth Third Bank 8.7 $214 214 14 Huntington Bank 10 $199 15 Citizens Bank 8.0 $220 220 16 M&T Bank 8.3 $209 209 17 Key Bank 7.8 $187

Cards 15

Cards Conference America FDIC 15

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 Apple 100

Gonzobanker

FEBRUARY 1, 2024

many we talked with in the halls acknowledged that credit quality remains a wild card to start the year. 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? Five Hundred? (Oh

Conference 88

Conference FDIC Arizona Industry 88

Fintech Labs Insights

JANUARY 13, 2025

Meow FAB Score: 15 (down 12) HQ: NYC Founded: 2021 Banking service providers: FirstBank, Grasshopper Bank, Third Coast Bank Rates (APY) Top: 5.0% based on Q3 23 secondary market sales Website visits: 1.7 million (Nov. 6,100 reviews, up 600 since Dec) Trustpilot : 3.6 1,220 reviews, up 90 since Dec) 2. including $4.8M

Digital Banking 28

Digital Banking Online San Francisco United States 28

Fintech Labs Insights

OCTOBER 28, 2024

Or do you want to interact with state-of-the-art digital tools that might prevent all that mess in the first place? With the rise of digital banks (also known as neobanks, challenger banks, or fintechs), you now have more options. Or should you go hybrid with accounts of both types?

Conference 12

Conference Tools FDIC Digital Banking 12

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 Marketing 15

MyBankTracker

NOVEMBER 19, 2020

It comes with a debit card and online bill payment capabilities. Online & Mobile Banking. Since there are no physical branches, digital banking tools are crucial to helping customers access and manage their CIT Bank accounts. Can CIT Bank Replace Your Bank?

Banking 2020 52

Banking 2020 ATM Online Marketing 52

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

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

Fintech Labs Insights

FEBRUARY 10, 2025

But what we will surely see is challenger banks dusting off their sweep features and emphasizing them in their marketing and branding. Looking for digital banks, lenders, payment providers, insurance or digital accounting for small businesses? 3,520 reviews, up 260 since Oct) Not FDIC insured 1. million (Jan.

Digital Banking 15

Digital Banking Online FDIC San Francisco 15

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

Fintech Labs Insights

JANUARY 24, 2025

This constantly updated article tracks the biggest and most important new products released worldwide by financial technology companies, along with banks, credit unions, investment advisors, insurance companies, credit card issuers and payment providers. Well also link to important demos, podcasts and YouTube videos.

Fintech 12

Fintech Trends Taxes Cards 12

Fintech Labs Insights

JULY 24, 2024

In total, 10 digital banks actively promoting teen/youth accounts. Nine specialize in the niche, and one, Revolut, is a broad consumer digital bank that also offers a dedicated youth account. million Cards 1 Cash App Sponsored Account 26.9 million Cards 1 Cash App Sponsored Account 26.9 billion in 2021.

CA 15

CA Atlanta Phoenix Philadelphia 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). Learn More at Lili all-in-one mobile banking service.

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. Top 12 U.S.

Taxes 15

Taxes United States FDIC ATM 15