2018 FDIC Online and Mobile Banking 
CB Insights
JANUARY 5, 2021
In the past few years, the burgeoning popularity of digital banks has only underscored the severity of these problems, with upstarts like Chime and SoFi offering cheaper, faster, and more convenient banking experiences. . get the state of challenger banks report. First name. First name. Company Name. Phone number. Source: PwC.
CB Insights
DECEMBER 4, 2019
If Amazon can get you lower-debt payments or give you a bank account, you’ll buy more stuff on Amazon.”. Based on our findings, it’s hard to claim that Amazon is building the next-generation bank. In aggregate, these product development and investment decisions reveal that Amazon isn’t building a traditional bank that serves everyone.
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PYMNTS
JULY 25, 2019
Consumers may still champion cash as their preferred method of payment, but its use declined 3 percent as measured between 2015 and 2018. FDIC) estimated that 6.5 In this case, prepaid cards can serve as a payments alternative to traditional banking offerings like checks, and more technology-driven ones like real-time bank deposits.”.
FICO
JANUARY 13, 2020
banking industry in the 2020. . In 2018, the DC Circuit Court of Appeals issued a ruling which struck down or vacated, in part, a previous 2015 Declaratory Ruling and Order made by the Federal Communications Commission (FCC). In December, the FDIC and OCC issued a proposed rule to modernize the Community Reinvestment Act (CRA).
Fintech Labs Insights
JANUARY 13, 2025
The first pure-play online bank, Security First Network Bank (SFNB), launched in 1995, just a year after Amazon. But unlike ecommerce, digital-only banking was slow to catch on. But we still havent seen a breakout small business bank, partly because of the love/hate relationship business owners have with big banks.
PYMNTS
OCTOBER 26, 2018
Fitness tracker sales are forecast to fall by 43 million units in 2018, and are predicted to fall to 39 million total units sold by 2022. CCS further notes that much of the growth in 2018 has been driven by Apple and its smartwatch product. Source: How We Will Pay Report 2018 Edition. Source: How We Will Pay Report 2018 Edition.
FICO
JANUARY 6, 2020
Consumer Banking Predictions 2019: Four Trends to Watch. For my predictions, I’ll focus on four areas of tactical concern within consumer banking that I feel confident bank executives will make significant progress addressing 2019,” wrote Tim VanTassel , vice president of our credit lifecycle business line. Read the full post.
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