What's at Stake: Banks risk losing primary deposit share amid fragmented account relationships and promotion-driven churn. Supporting Data: Chime captured 13% of new Q3 checking account openings, ...
This is kind of interesting. Neobank Chime appears to be gaining popularity among new checking account openings. The report is described as highlighting the trend of “soft switching” or customers ...
The fintech, which went public in June, periodically evaluates whether obtaining a bank charter makes more sense than relying ...
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