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

Peter Renton is the chairman and co-founder of LendIt Fintech, the world’s first and largest digital media and events company focused on fintech.

LendIt Fintech conducts three conferences a year for the leading fintech markets of the USA, Europe, and Latin America. LendIt also provides cutting-edge content all year long via audio, video, and written channels.

Peter has been writing about fintech since 2010 and he is the author and creator of the Fintech One-on-One Podcast, the first and longest-running fintech interview series.

Peter has been interviewed by the Wall Street Journal, Bloomberg, The New York Times, CNBC, CNN, Fortune, NPR, Fox Business News, the Financial Times, and dozens of other publications.

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