Checking

Goldman Sachs inches closer to offering Marcus checking accounts

01/14/21

Goldman Sachs will work with the digital-payments upstart Marqeta on offering checking accounts for Main Street consumers.

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Citi looked to Ant Financial success as model in Google tie-up

12/08/20

Citigroup looked to the success of Asian super-apps like Ant Financial and Paytm while developing its new checking-account offering with Google.

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HSBC says rock-bottom interest rates may curb free bank accounts

10/27/20

Europe's largest lender could start charging for basic banking services "in some markets" because low interest rates meant they were losing money, Chief Financial Officer Ewen Stevenson said on a call with reporters Tuesday after the bank reported third-quarter earnings.

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6 ways credit unions can attract Gen Z during coronavirus

10/09/20

The industry can gain lifelong members in this demographic by validating their financial concerns as the economy struggles and offering guidance without judgment.

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The real cost of overdraft fees

10/07/20

The fees have helped banks recoup costs of free or low-cost checking accounts for decades, but they can penalize low-income customers and drive them away from banking. Is there a better way?

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Wells Fargo offers new account with no minimum balances or overdrafts

09/01/20

The bank said the account is geared to consumers who want better control over their spending or are new to banking.

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Wells Fargo, Citi pledge not to garnish customers' stimulus funds

04/15/20

The two large banks are holding off for a month on collecting on negative balances to ensure that customers receive the full amount of government payments deposited into their accounts.

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Morgan Stanley launches ‘a modern alternative to banking’

01/23/20

The investment bank's new CashPlus Account comes with a mobile banking app, a debit card, online bill payment and other banklike features.

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PNC learns the downside of paying cash bonuses to new customers

01/15/20

CEO William Demchak said the bank has witnessed "a lot of mischief" among customers who open checking accounts to collect bonuses and then never use the accounts again.

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Now $500 million richer, Chime eyes acquisitions

12/06/19

The challenger bank might use the proceeds from its latest funding round to buy other fintechs that would allow it to add more products and services, its CEO said.

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