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
Chime offers digital banking services with no-fee accounts, early direct deposits, and easy money management tools, transforming the user experience in the payments and banking industries.
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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