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Bluebird Upgrade: Trouble for Brick-and-Mortar Banks, or an Opportunity?

Last week, the banking industry raised an eyebrow as Bluebird rolled out a series of changes for its prepaid cardholders, including FDIC Bank Innovationinsurance, check writing, and a higher maximum balance of $100,000. The obvious (and probably correct) conclusion reached by many was that the American Express/Walmart backed operation was trying to become more like a bank than a prepaid card – throwing another curveball at brick-and-mortar banks trying to compete in an increasingly digital world.

Check out the rest of the article on the Bank Innovation website.

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Digital Check Corp.
630 Dundee Rd. Suite 210
Northbrook, IL 60062  

Phone:
+1-847-446-2285

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