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
March 25, 2026  |  Money Mobility

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  |  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. Low interest rates, he...

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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

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  |  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  |  Economy

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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