A wave of digital-first challengers to traditional banks has attracted millions of customers with free accounts and hassle-free sign-ups. But a recent report highlights some risks of entrusting money ...

BOSTON - Tearany Robinson was out shopping when she got a disturbing notification on her cellphone that her life savings was gone. "It was honestly the worst feeling ever," she said. "I felt as if ...

AND STEVE, SHE WAS USING THE APP CHIME, A TECHNOLOGY, FINANCIAL TECHNOLOGY APP THAT PARTNERS WITH TWO BANKS TO ALLOW PEOPLE TO USE CHECKING AND SAVINGS ACCOUNTS ALL FROM YOUR CELL PHONE. START ...

The fintech, which went public in June, periodically evaluates whether obtaining a bank charter makes more sense than relying ...

CHARLOTTE — Multiple customers reached out to Action 9′s Jason Stoogenke recently, saying they had problems with popular online banking platform Chime. Technically, Chime is not a bank — it is a tech ...

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Chime “has according to experts been generating a high rate of complaints, with 920 filed at the Consumer Financial Protection Bureau since April 15, 2020,” ProPublica reported. Of those complaints, ...

Don’t use your account for commercial use if it’s not allowed. Neobanks such as Chime, Varo and N26 mention in their account agreements that accounts may be closed due to suspected business activity.