Category Post Style 3
The deals are about vertical integration and business model change (and conflict).
A look into the consumer data, payments, lending, and regulatory sandbox sections.
Digital banks are a threat to traditional FIs because consumers are "accessorizing" their checking accounts.
A Venmo debit card means more deposit displacement to banks and credit unions.
I'm afraid you'll have to read the post to find out the answer to the question.
The Case-Shiller 20 City Home Price Index has reached pre-crisis levels.
As a % of assets, megabanks spend twice as much as mid-size banks.
Square's success means that banks must find ways to preserve revenue sources.