Technology

Comments by JPMorgan Chase's Jamie Dimon have added fuel to the long-discussed idea of a national database that would make it easier for banks to vet customers for anti-money-laundering and other risks.

SEE ALL OF THE LATEST
Sign up for Newsletters
  • Daily Briefing
    Delivered Every Weekday
    Ideas that impact your business delivered to your inbox every day.
  • Technology
    Wednesday, Thursday
    The latest industry developments from digital banking to cybersecurity to AI.
  • Payments
    Delivered Every Weekday
    An early-morning roundup of important headlines from the past 24 hours.
  • Best of the Week
    Friday
    The most important and widely read stories from the previous week.
Call for Nominations
Chime CEO Christopher Britt at Nasdaq podium with company logo in background

The digital neobank is expecting spending to stay strong through current economic conditions, and a new credit card is projected to bring in increased revenue.

walsh-michael.jpg

Analysts say the fintech must "grow like a fintech, but be profitable like a bank" as its capital base shrinks to its lowest level to date.