Remove Checks Remove FDIC Remove Mobile Banking
article thumbnail

Today In Digital-First Banking: Green Dot Debuts GO2bank; Stimulus Checks Pose Challenges For TurboTax, H&R Block

PYMNTS

In today’s top news in digital-first banking, California FinTech Green Dot is rolling out the GO2bank mobile banking to help cash-strapped individuals, while stimulus checks are reportedly posing challenges for some users of H&R Block and TurboTax. Stimulus Checks Pose Issues For H&R Block, TurboTax .

Blocks 56
article thumbnail

Why Mobile Banking Is Key To Helping The Underserved

PYMNTS

A new report from the Federal Deposit Insurance Corporation (FDIC) shows that mobile banking can empower underserved customers to have greater control over their finances and ultimately open up access to mainstream banking. The good news is that mobile banking usage is reportedly on the rise.

article thumbnail

N26 Rolls Out US Mobile Banking

PYMNTS

is launching its banking app in the United States. subsidiary of N26 GmbH, which was described in an announcement as one of the fastest growing mobile banks in Europe. And, according to the announcement, N26 partners with Axos Bank to offer a Visa debit card and FDIC-insured checking account.

article thumbnail

NorthOne Taps Radius Bank For SMB Mobile Banking

PYMNTS

The banking platform is designed for mobile devices and API connectivity, with NorthOne noting that development partner Treasury Prime designed that API technology to streamline account opening and management.

article thumbnail

FinTech LendingClub Buys Radius Bank For $185M

PYMNTS

The bank is one of a few smaller lenders that has teamed up with FinTechs who need services only an FDIC-regulated institution can provide. This is the first time a FinTech has purchased an actual bank. Recently, Varo Money , a mobile bank, got FDIC approval to accept consumer deposits.

FinTech 97
article thumbnail

Today In Digital-First Banking: FIS Fuels Rollout Of Quontic Bank Crypto Rewards Account; Aeldra Selects i2c To Power Private Banking Services

PYMNTS

In today’s top news in digital-first banking, FIS is working with Quontic Bank on the Bitcoin Rewards Checking Account, while Aeldra has chosen i2c Inc. to power its digital private banking offerings. FIS Powers Launch Of Quontic Bank’s Bitcoin Rewards Account. to fuel its online private banking offerings.

article thumbnail

Phlatbed CEO: How Mobile Tools Keep On-Demand Wages Moving

PYMNTS

Consumers in financial straits may find it difficult to maintain the balances necessary for them to keep their checking accounts open for one example, causing them to become unbanked. percent in 2019, its lowest rate in a decade since the FDIC first began tracking this statistic in 2009.