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.

Monzo Launches New Premium Consumer Banking Accounts
Monzo Launches New Premium Consumer Banking Accounts
July 16, 2020  |  Digital 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 Applications

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  |  Digital 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  |  Brexit

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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PayPal: Taking On Corporates’ B2C Payment Pain Points With Digital Wallets
PayPal: Taking On Corporates’ B2C Payment Pain Points With Digital Wallets
December 18, 2019  |  B2B Payments

For corporates, moving money across borders is linked to no shortage of friction points, particularly as businesses elevate their demands for speed, visibility and predictability...

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What The UAE Is Teaching Global FinTechs About SMB Banking
What The UAE Is Teaching Global FinTechs About SMB Banking
November 27, 2019  |  SMBs

It’s not easy being small — especially in business, and often when it comes to banking and payments. The bigger players take up more space...

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