CFPB Levies $3.25 Million Penalty Against Chime for Delayed Refunds
The Consumer Financial Protection Bureau (CFPB) has taken action against online payments processor Chime for failing to return funds to ...
Tag: Chime
Two Fintech IPOs Are Poised to Debut, with More on Deck
Two major fintechs made moves towards initial public offerings this week, foreshadowing what may be a robust year ahead for ...
Is the Neo Bank Bubble About to Burst?
With looming indicators that the economy is in for a prolonged downturn, concerns have been raised about the ability of ...
An Introduction to Neo-Banking
The digital age is upon us, and financial institutions are no exception. Though financial institutions have adopted some online services, ...
Challenger Bank Chime Launches a Debit/Credit Hybrid Product
Challenger bank Chime, with its 8 million accounts and $5.8 Billion valuation, has launched a new product that appears to ...
Millions of Americans Won’t See COVID-19 Stimulus Checks for Months—Digital Payments Could Change That.
Everyone’s saying it, but it continues to ring true: we are living in unprecedented times. At the time of writing ...
And in This Corner… The Challenger Bank
Is traditional retail banking facing a “death by a thousand knives?” Today’s installment of this ever-present question looks at online-only ...
No-Fees Mobile Bank Chime Raises $70m Series C, Valuing Its Business at $500m
In a significant milestone for the fintech industry, Chime, the pioneering no-fees mobile bank, announced in 2018 that it had ...
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