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

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 Digital Banking FDIC 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 Digital Banking FDIC 130

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

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

CB Insights

AUGUST 3, 2021

The round drew participation from Coatue Management, Andreessen Horowitz, CRV, and Sapphire Ventures, among others. Mercury currently caters to more than 40,000 SMBs, managing over $4B in customer deposits in 200 countries. In a separate transaction, the company is also aiming to source $5M from equity crowdfunding platform WeFunder.

Digital Banking 73

Digital Banking Company FDIC California 73

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

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

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

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

PYMNTS

NOVEMBER 2, 2020

The model, he told PYMNTS, is one based on “autonomous finance,” which sidesteps the oftentimes tedious process of managing separate accounts spanning checking, savings and investments. Asked about regulation, Ganu said that the firm works with an FDIC insured partner bank and a SIPC partner broker dealer, Apex Clearing Corp.,

Millennials 221

Millennials Fintech Course FDIC 221

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

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! Small touches (such as an FDIC logo and lock/shield icons) can make an enormous difference.

Digital Banking 52

Digital Banking Security Fraud America 52

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

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

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 Innovation 191

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

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

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

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

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 Payments 119

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 Retail Digital Banking 100

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

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

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 2, 2016

Venmo may have managed to get itself into some trouble with the FTC – though how much, what for exactly and how worried parent company PayPal should be worried are a bit up in the air. 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.

Software 100

Software Mobile Regulation Apple 100

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

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

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

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

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% Arival FAB score: 6 ( down 1 ) HQ: Miami, FL Founded: 2018 Traction: Raised: $10.8M including $4.8M including $4.1M 192 reviews) iOS app: 4.8 including $4.8M including $4.1M

Digital Banking 28

Digital Banking Online San Francisco United States 28

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 Marketing 15

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 13, 2025

3,800 reviews) Resources : Looking for digital banks, lenders, payment providers, insurance or digital accounting for small businesses? HQ: SF | Founded: 2017 | Raised $136M (including $120M in 2021) | Valuation: $1.7 billion | Website visits: 2.2 822 reviews) | iOS app: 4.9

Cards 15

Cards Conference America FDIC 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

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