deposits

T-Mobile Pilots T-Mobile Money
T-Mobile Pilots T-Mobile Money
November 29, 2018  |  Mobile Applications

T-Mobile is considering launching a mobile banking service called T-Mobile Money, which comes with benefits for the company’s wireless customers. According to 9to5Google, T-Mobile Money...

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Mintos Notches €5 Million In Series A Funding; Monzo Teams With PayPoint For Deposits
Mintos Notches €5 Million In Series A Funding; Monzo Teams With PayPoint For Deposits
November 14, 2018  |  Global Payments

Welcome to The Axis, your late look at payments news from around the world. Coverage includes Mintos‘ €5 million Series A raise. In addition, Singapore’s...

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Banks’ Low Interest Rates Costing Them Deposits
Banks’ Low Interest Rates Costing Them Deposits
October 23, 2018  |  Banking

The country’s four largest banks reported a combined 5 percent drop in U.S. deposits that earned no interest in the third quarter, compared with a...

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Chinese Consumers Turn To Bank Deposits For Financial Security
Chinese Consumers Turn To Bank Deposits For Financial Security
September 06, 2018  |  Banking

More Chinese consumers are choosing to deposit their money into traditional banks as they turn away from higher-yielding assets in favor of financial security. According...

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Citigroup To Lure Deposits With New App
Citigroup To Lure Deposits With New App
July 09, 2018  |  Digital Banking

Citigroup, faced with lackluster deposits from individual customers, is trying to ramp up that side of the business by rolling out a new app in...

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Banks Lure Deposit Customers With Increased Cash Bonuses
Banks Lure Deposit Customers With Increased Cash Bonuses
June 25, 2018  |  Bank Regulation

Rising interest rates on the part of the Federal Reserve for the past few years hasn’t prompted a lot of banks to raise the rates...

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The Trickle Down Theory Of Push Payments
The Trickle Down Theory Of Push Payments
October 20, 2017  |  Faster Payments

What will it take to save the trees? To cut out the cutting of checks? In a long-running series, Ingo Money CEO Drew Edwards has...

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JPMorgan Tops BofA When It Comes To Deposits
JPMorgan Tops BofA When It Comes To Deposits
October 11, 2017  |  Banking

Bank of America may have held the top spot in terms of bank deposits in the U.S. for close to two decades, but rival JPMorgan...

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Goldman Sachs Taking Its Online Deposit Business To The UK
Goldman Sachs Taking Its Online Deposit Business To The UK
September 11, 2017  |  News

Goldman Sachs is reportedly gearing up to expand its retail banking unit in the U.K. — taking a page from its efforts in the U.S....

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