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 ...
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Dashia is the consumer insights editor for CNET. She specializes in data-driven analysis and news at the intersection of tech, personal finance and consumer sentiment. Dashia investigates economic ...
Chime Financial offers a simple, high-margin neobank model, with rapid user growth and improving unit economics. Learn more ...
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, ...
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