challenger banks

Why One Says Middle-Class Americans Need A New Bank

Why One Says Middle-Class Americans Need A New Bank
Why One Says Middle-Class Americans Need A New Bank
October 01, 2020  |  Banking

Middle-class consumers are feeling that they’re getting the short end of the stick when it comes to their relationships with traditional banks, Brian Hamilton, co-founder...

READ MORE >
Community FIs Battle Against Low Interest Rates To Help SMBs Thrive
Community FIs Battle Against Low Interest Rates To Help SMBs Thrive
September 24, 2020  |  B2B Payments

When the Paycheck Protection Program (PPP) rolled out in the U.S., smaller community banks and credit unions (CUs) stepped up to the plate and, according...

READ MORE >
Chime, Challenger Banks And The Challenges Of (Lofty) Valuations
Chime, Challenger Banks And The Challenges Of (Lofty) Valuations
September 18, 2020  |  Banking

On a day that saw a stock market rout – particularly on the tech-heavy Nasdq, which was down 1 percent – in at least some...

READ MORE >
Open Banking Tie-Ups Challenge SMB Banking Incumbents
Open Banking Tie-Ups Challenge SMB Banking Incumbents
September 16, 2020  |  B2B Payments

PSD2 and open banking regulations were forged to accelerate competition in the financial services arena, and this week, a look at the latest initiatives reveals...

READ MORE >
Agora Services Debuts New Tools For SMB Banking
Agora Services Debuts New Tools For SMB Banking
August 10, 2020  |  B2B Payments

Challenger bank Agora Services wants to address challenges with banking for small businesses with a new solution called Agora SMB, which will help them compete...

READ MORE >
Credit Unions Tackle Tech On Multiple Fronts
Credit Unions Tackle Tech On Multiple Fronts
August 06, 2020  |  Credit Unions

Credit unions (CUs) are shaking off the last vestiges of their image problem (in a word: outdated) by embracing digital-first products and services at an...

READ MORE >
DayTek Capital Granted Banking License In Australia
DayTek Capital Granted Banking License In Australia
August 03, 2020  |  B2B Payments

DayTek Capital, an Australian challenger bank known for its prepaid “Infinity” card, has been granted a banking license by the country’s Securities and Investments Commission,...

READ MORE >
Deep Dive: Credit Unions Respond To The Threat Of Digital-First Challenger Banks
Deep Dive: Credit Unions Respond To The Threat Of Digital-First Challenger Banks
July 31, 2020  |  Credit Unions

Credit unions (CUs) have competed with banks that offer similar products for years, but their strength has long remained in the value of member relationships...

READ MORE >