Chime is launching new accounts that offer cash-back and other customer benefits as it ramps up competition with traditional banks. CEO Chris Britt discussed the company’s plans and the state of the U.S. consumer on Bloomberg Tech; the product push is designed to drive deposit growth and engagement, creating modest competitive pressure on incumbent banks.
Chime is launching new accounts that offer cash-back and other customer benefits as it ramps up competition with traditional banks. CEO Chris Britt discussed the company’s plans and the state of the U.S. consumer on Bloomberg Tech; the product push is designed to drive deposit growth and engagement, creating modest competitive pressure on incumbent banks.
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