savings accounts

Report: Customers Feel Tricked by Banks’ Savings Offerings
Report: Customers Feel Tricked by Banks’ Savings Offerings
February 25, 2024  |  Banking

Consumers are reportedly taking legal action after allegedly being deceived by their banks’ savings offerings. As The Wall Street Journal (WSJ) reported Sunday (Feb. 25),...

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Neobank bunq Launches Cash Back and Savings Interest
Neobank bunq Launches Cash Back and Savings Interest
July 18, 2023  |  Digital Banking

European neobank bunq has added cash-back and savings bonuses to its offerings designed for digital nomads. bunq now offers 1% cash back on food and...

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Consumers Face Financial Crunch From Rising Emergency Expense Costs
Consumers Face Financial Crunch From Rising Emergency Expense Costs
June 26, 2023  |  Consumer Finance

In May 2023, the Federal Reserve released the Economic Well-Being of U.S. Households in 2022, the latest edition of an annual report often used to...

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Savings Accounts Play Larger Role in Bank vs Neobank Battle
Savings Accounts Play Larger Role in Bank vs Neobank Battle
January 05, 2023  |  Digital-First Banking

Banks risk losing customers to neobanks — and a key battleground may lie with savings accounts.  And in that case, the advantage may go to...

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Apple Lets Card Users Set up Goldman Sachs Savings Accounts
Apple Lets Card Users Set up Goldman Sachs Savings Accounts
October 13, 2022  |  Apple

Apple has launched a new savings account for Apple Card users that lets them save their Daily Cash rewards and grow them in a high-yield...

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High-Yield Savings Helps FinTechs Unlock Less Costly Capital
High-Yield Savings Helps FinTechs Unlock Less Costly Capital
September 02, 2022  |  Loans

In this macro environment, where rising rates make traditional financing routes more onerous, FinTechs may find that high-yield accounts have high-yield payoffs. Affirm this week...

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Today In Payments: Wirecard Says $2.1B Likely Didn’t Exist; Checkout.com Raises $150M On $5B Valuation
Today In Payments: Wirecard Says $2.1B Likely Didn’t Exist; Checkout.com Raises $150M On $5B Valuation
June 22, 2020  |  News

In today’s top news, Wirecard says the missing $2.1 billion from its Philippines accounts probably never existed, and checkout.com raised $150 million. Plus, U.S. consumers...

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Goldman Sachs’ Marcus Pauses Adding Some UK Accounts To Avoid ‘Ring Fencing’ Rules
Goldman Sachs’ Marcus Pauses Adding Some UK Accounts To Avoid ‘Ring Fencing’ Rules
June 10, 2020  |  Banking

Goldman Sachs’ consumer digital bank Marcus is facing a nice problem to have (at least on the surface) in Britain. News emerged Wednesday (June 10)...

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Today In Payments: InsurTech Lemonade To Go Public; Affirm Unveils High-Yield Savings Account
Today In Payments: InsurTech Lemonade To Go Public; Affirm Unveils High-Yield Savings Account
June 09, 2020  |  News

In today’s top news, insurance tech startup Lemonade filed an IPO, and Affirm launched a high-yield savings account. Plus, retail dispute management firm Chargeback raised...

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