Chime CEO Chris Britt on the reasons why Americans don’t trust banks
Chime, ranked No. 15 on the 2023 CNBC Disruptor 50 list, says consumer distrust of banks may be high now because of recent failures, including Silicon...
Tagged: SoFi Technologies Inc.
Apple, Robinhood play high-yield games to win depositors from banks
With interest rates rising and regional banks suffering, a number of new players have entered the high-interest savings account market. Apple jumped into the market last...
Crypto lender Nexo gets American bank charter through acquisition agreement
The crypto market has been rough this year, with nearly $2 trillion wiped out since the peak. Jonathan Raa | Nurphoto | Getty Images Cryptocurrency lender...
Fintech company Ocrolu’s co-authors are studying how automation can reduce bias in lending
As regulators and banks mull ways to correct unfair lending practices to people of color, fintech startup Ocrolus Inc. has participated in a study showing that...