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Tag: California regulations


Regulations

California regulator orders Chime to stop calling itself a bank

May 6, 2021

Via: Banking Dive

Chime, which launched in 2013, is not a bank, but partners with The Bancorp Bank and Stride Bank to offer its customers financial products such as debit cards and Federal Deposit Insurance Corp. (FDIC)-insured deposits. The California agency claims Chime […]