bank accounts

Bank account is a financial account maintained by a bank or other financial institution in which the financial transactions between the bank and a customer are recorded.

Why Millions of New Accounts Never Turn Into Real Banking Relationships

Why Millions of New Accounts Never Turn Into Real Banking Relationships
Why Millions of New Accounts Never Turn Into Real Banking Relationships
March 25, 2026  |  Faster Payments

Banks and credit unions are opening millions of new accounts, yet too many fail to become active relationships. As FinTechs deliver instant funding and immediate...

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Bank Account Data Becomes the Lender’s Trust Engine
Bank Account Data Becomes the Lender’s Trust Engine
June 30, 2025  |  Opinion

Bank account data can help protect firms from fraud, ValidiFI Head of Product Isaac White writes in a new PYMNTS eBook, “Halftime 2025: Charting the...

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Monzo Launches New Premium Consumer Banking Accounts
Monzo Launches New Premium Consumer Banking Accounts
July 16, 2020  |  Digital Banking

U.K. digital bank Monzo is taking another crack at offering premium online consumer banking accounts with features designed to help account holders create — and...

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UN Blockchain Expert Says Digital Cash Could Replace Bank Accounts
UN Blockchain Expert Says Digital Cash Could Replace Bank Accounts
June 08, 2020  |  Cryptocurrency

United Nations global blockchain expert Massimo Buonomo has foreseen a future where digital currencies could replace low-interest bank accounts, Coindesk reports. Get the Full Story...

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Wells Fargo To Offer Bank Accounts With Capped Overdraft Fees
Wells Fargo To Offer Bank Accounts With Capped Overdraft Fees
March 03, 2020  |  Banking

Ahead of its scheduled congressional hearings in the coming week, Wells Fargo & Co. debuted the concept of two new bank accounts that set limits on the...

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New Data: Banks Could Lose A Quarter Of Their Customers To Tech Giants
New Data: Banks Could Lose A Quarter Of Their Customers To Tech Giants
February 20, 2020  |  Mobile Applications

Google, Amazon and Apple already loom large in nearly every area of consumers’ lives, whether in the form of smart speakers, cloud-computing or content streaming...

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Monzo Hopes For Profit, New Digital Accounts And Hires
Monzo Hopes For Profit, New Digital Accounts And Hires
February 17, 2020  |  Digital Banking

British digital bank Monzo, expanding fast, wants to hire up to 500 people and (hopefully) reach 5.5 million users this year. The bank is also...

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N26 Exits UK Post Brexit
N26 Exits UK Post Brexit
February 11, 2020  |  Brexit

FinTech bank N26, based in Germany, will no longer operate in the U.K. following Brexit, according to reports. N26 customers will need to transfer deposits, spend...

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Revolut Starts Open Banking Service For UK Customers
Revolut Starts Open Banking Service For UK Customers
February 11, 2020  |  Banking

Revolut has announced a new Open Banking feature that will allow customers to access all their bank accounts on a single app. The move will...

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