Top Fintech News Stories for May 10, 2021

Here are the most read news stories from our daily newsletter today:

  • Simple bank shutdown goes awry leaving customers without account access – The Verge
  • If Chime Isn’t A Bank, Then What Is It? – Forbes
  • Podcast 297: Sam Sidhu of Customers Bank – LendAcademy
  • Hsu officially named as acting head of OCC – American Banker
  • Citi sits on the cusp of a crypto push – Banking Dive
  • The Coming Convergence of Neobanks and Traditional Players – The Financial Brand
  • German and US regulators tighten focus on booming crypto market – The Financial Times
  • Remitly reportedly taps bankers for IPO that could value it at about $5B – Finledger
  • Augmented reality produces real results for Ally – American Banker
  • CBDCs: Chinese Banks Introduce Central Bank Digital Currency Hardware Prototypes for Multiple Applications – CrowdFund Insider