Read what IDC found out when they spoke with leading retail banks about how they are meeting a rapidly changing banking environment. Get the whitepaper.
Financial institutions with less than $1 billion in assets get exclusive access to the portal for at least the first two days once it reopens Monday, according to Small Business Administration guidance.
"Green Dot squandered [its] advantages in this space over the past five years," CEO Dan Henry said in May of the rise of challenger banks. "We will be working hard in the coming years to regain that lost ground."
BBVA did not give a time frame for the wind-down. The closure of Simple would leave a second pioneer-sized hole in the digital bank field in the span of a year, after Moven pivoted away from consumer accounts last spring.
The deal, expected to close by March, bolsters the West Coast reach of a Midwest stalwart and marks a shift in priorities for another U.S. subsidiary of a foreign banking giant.
Synchrony has a three-year safe harbor to develop a secured credit card the issuer plans to offer borrowers with limited or damaged credit. The product would let the cardholder opt to transition to unsecured credit after 12 months.
Banking Dive provides in-depth journalism and insight into the news and trends shaping banking. The newsletter and website cover topics such as commercial banking, retail banking, credit unions, and more.
Banking Dive is a leading publication operated by Industry Dive. Our business journalists spark ideas and shape agendas for 10+ million decision makers in competitive industries.
This email is optimized for display on mobile phones. Banking Dive: Daily Dive is a product of , , , . We value your privacy. We won't share your email address with anyone else without your permission. This message was sent to edwardlorilla1986.acciyo123@blogger.com. You can unsubscribe or switch to a weekly newsletter subscription anytime. See our full privacy policy.
0 Comments