deposits

HSBC Says China Should Loosen Regs For Global FIs
HSBC Says China Should Loosen Regs For Global FIs
October 27, 2019  |  Regulation

HSBC executive Peter Wong is calling for China to relax regulations so that foreign banks can have an easier time obtaining licenses and raising deposits...

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The Bancorp Stuck With $11.2M Returned ACH Payment
The Bancorp Stuck With $11.2M Returned ACH Payment
October 25, 2019  |  Earnings

The Bancorp in Delaware is dealing with a potential earnings problem after an $11.2 million automated clearing house (ACH) payment was returned, according to a...

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JPMorgan Rolls Out Same-Day Deposits For SMB
JPMorgan Rolls Out Same-Day Deposits For SMB
September 10, 2019  |  Digital Payments

Customers of the WePay platform can now get faster deposits to their JPMorgan Chase bank accounts, CNBC reported on Tuesday (Sept. 10). “With other payment...

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Square Cash App Mobile Users Can Now Deposit Bitcoin
Square Cash App Mobile Users Can Now Deposit Bitcoin
June 26, 2019  |  Cryptocurrency

Some users of the Cash App, which is owned by payments company Square, can now deposit bitcoin, according to reports. Users could previously buy, sell...

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New Wealthfront Cash Accounts Bring In $1B Since Feb
New Wealthfront Cash Accounts Bring In $1B Since Feb
April 24, 2019  |  Banking

Wealthfront’s new cash accounts have brought in $1 billion in customer deposits since the company launched the offering in February. The accounts give customers a higher-than-average,...

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Goldman’s Digital Roadmap, As Marcus Lands $46B In Deposits
Goldman’s Digital Roadmap, As Marcus Lands $46B In Deposits
April 16, 2019  |  Digital Banking

Trading slump, yes. Goldman Sachs is still, of course, tied to the vagaries of investors’ back-and-forth on Wall Street, as evidenced by its latest earnings report....

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Goldman’s Marcus Logs $35B In Deposits In 2018
Goldman’s Marcus Logs $35B In Deposits In 2018
January 16, 2019  |  Earnings

Goldman Sachs saw its latest quarterly results beat Street estimates, helped by a combination of investment banking-related activity – but also by strength in its...

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Goldman Sachs To Offer More On Deposits For Cash Management Clients
Goldman Sachs To Offer More On Deposits For Cash Management Clients
January 14, 2019  |  B2B Payments

Goldman Sachs is planning to launch a cash management service next year, and might even offer its existing corporate clients more for their deposits as...

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Goldman Increases Interest Rates For Marcus
Goldman Increases Interest Rates For Marcus
January 04, 2019  |  Banking

Goldman Sachs has boosted interest rates for Marcus savings accounts, according to a report from CNBC. The consumer finance branch of Goldman Sachs will pay...

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