Venmo's COVID-19 check cashing promo is a shot at big banks - Business Insider

Argentina Noticias Noticias

Venmo's COVID-19 check cashing promo is a shot at big banks - Business Insider
Argentina Últimas Noticias,Argentina Titulares

Venmo's check cashing feature, that waives fees when used to cash a stimulus check, underscores fintechs' threat to incumbent banks.

While the distribution of the $600 stimulus checks is off to a relatively start, it will be an ongoing process, and banks will need to ensure they can sustain higher-than-average login volume.

Join other Insider Intelligence clients who receive this Briefing, along with other Banking forecasts, briefings, charts, and research reports to their inboxes each day.

 

Argentina Últimas Noticias, Argentina Titulares



Render Time: 2025-01-09 12:53:42