If Chime Isn’t A Bank, Then What Is It?
Challenger bank Chime—oh wait, I can’t call the fintech a “bank.” Let me start over. Chime, a provider of products and services that look, feel, and probably even smell like banking products—but regulatorily-speaking, aren’t banking products—got some unwanted attention recently when American Banker reported: “Chime is nearing a deadline to stop implying that it operates […]