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$JPM · JPMorgan cited as example of megabank that cannot serve small businesses like community banks do
now playing · $JPM
$JPM···neutral· lowgan
JPMorgan cited as example of megabank that cannot serve small businesses like community banks do
JPMorgan's scale prevents its CEO from engaging with small businesses across the US, unlike community bank CEOs who provide direct access and flexibility — illustrating why a dive…
$MODERNIFYbullish· high· pospaulo
a16z-backed Modernify builds deposit network to solve uninsured deposits for community banks
Modernify's reciprocal deposit network lets community banks and credit unions offer unlimited FDIC insurance via a digital, integrated platform with better economics and a bank-ow…
$ENVIDbullish· high· pospaulo
Modernify launches bank-owned Envid consortium targeting 8th systemically important financial market utility
Envid is a bank-owned, bank-managed reciprocal deposit consortium that gives member banks ownership, governance, better economics, and revenue share — modeled on Visa, DTCC, and S…