deposits

Panel: Turning Payments Into Deposits Fuels the Next Era of Embedded Banking
Panel: Turning Payments Into Deposits Fuels the Next Era of Embedded Banking
October 31, 2024  |  Payments Innovation

Call it one more unpredictable turn in an unpredictable year. As the convergence of financial technology gets closer to consumers and businesses, the focus on...

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Regulators’ Joint Statement Details Concerns on Bank/FinTech Tie-Ups
Regulators’ Joint Statement Details Concerns on Bank/FinTech Tie-Ups
August 07, 2024  |  Bank Regulation

The joint statement and requests for information issued by several agencies late last month on “potential risks” inherent in bank/FinTech relationships spotlight regulators’ concerns on...

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FDIC Wants Closer Look at $8 Trillion in Uninsured Deposits
FDIC Wants Closer Look at $8 Trillion in Uninsured Deposits
August 07, 2024  |  Regulation

Uninsured deposits have been in the spotlight of the regulatory gaze through the past year and a half. The failure of Silicon Valley Bank and...

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Blend and Astra Partner on Card Funding of Deposit Accounts
Blend and Astra Partner on Card Funding of Deposit Accounts
August 05, 2024  |  Partnerships

Blend and Astra have partnered to enable financial institutions to add card funding to their deposit accounts. With this collaboration, financial institutions that use Blend’s platform for...

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FDIC Warnings and ‘False’ Deposit Insurance Claims Spotlight Non-Bank Risks
FDIC Warnings and ‘False’ Deposit Insurance Claims Spotlight Non-Bank Risks
June 11, 2024  |  Consumer Finance

The headlines swirl around Synapse’s bankruptcy and customers’ tales of being frozen out of their accounts. The FinTech space is always evolving, and the ongoing...

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FDIC Notes More ‘Problem’ Banks; Sparks Debate Over Deposit Insurance
FDIC Notes More ‘Problem’ Banks; Sparks Debate Over Deposit Insurance
June 03, 2024  |  Banking

The Federal Deposit Insurance Corp.’s (FDIC) first-quarter assessment on the banking industry takes note of several trends: Declining loan demand, delinquencies that were higher than...

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Banks Pay Savers More to Stay Amid Steep Interest Rates
Banks Pay Savers More to Stay Amid Steep Interest Rates
April 28, 2024  |  Banking

For America’s biggest banks, deposit costs are exceeding interest income. That’s the first time that’s happened since the Federal Reserve began increasing rates two years...

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Banks Closed 11% of Supermarket Branches Over Past Year
Banks Closed 11% of Supermarket Branches Over Past Year
October 27, 2023  |  Banking

While brick-and-mortar bank branches have been closing for years, those located within supermarkets are reportedly shutting at a rate that is seven times higher than...

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Regional Lenders Are Getting Smaller to Stay Afloat
Regional Lenders Are Getting Smaller to Stay Afloat
October 23, 2023  |  Banking

America’s regional banks are reportedly hoping to get healthier by getting smaller. As The Wall Street Journal (WSJ) reported Monday (Oct. 23), these lenders are scaling back...

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