There may be no financial services product quite as universal as the checking account. Liz Bergman, VP of digital checking and debit product management at American Express, told PYMNTS in an interview that the digital age demands checking accounts that move well beyond simple withdrawals...
Challenger banks with a couple of operating years behind them are beginning to get a taste of the problems they handed to legacy banking institutions. These challenger banks are now competing with an emerging group of financial startups, which are coming armed with innovative technologies...
Challenger banks — financial firms offering something much like banking services, and looking to compete with old-school banks — are a new idea. The basic structure that underlies them is not. As Ingo Money CEO Drew Edwards noted in a recent conversation with Karen Webster,...
Small business (SMB) online lending company BlueVine is expanding its financial services with the launch of BlueVine Business Banking. Announced on Monday (Oct. 28) at the Money20/20 conference, BlueVine Business Banking connects small businesses to checking account services and a debit card: the BlueVine Business...
February 09, 2022
There may be no financial services product quite as universal as the checking account. Liz Bergman, VP of digital checking and debit product management at American Express, told PYMNTS in an interview that the digital age demands checking accounts that move well beyond simple withdrawals and deposits. The conversation came as American Express on Tuesday […]
November 11, 2019
Challenger banks — financial firms offering something much like banking services, and looking to compete with old-school banks — are a new idea. The basic structure that underlies them is...
April 23, 2019
Last week, wireless carrier T-Mobile announced it would throw its hat into the mobile banking arena with the national rollout of T-Mobile MONEY. The mobile app offers low or no-fee checking-like...
March 05, 2024
Pocketbook has selected Grasshopper to provide its small- to medium-sized business (SMB) customers with white-labeled, FDIC-insured commercial checking accounts. The rollout of the products offered by this new partnership was also facilitated by Treasury Prime, the companies said in a Tuesday (March 5) press release. “Pocketbook exists to serve as a trusted partner for small business owners,” Bryan Crumpler, co-founder […]
April 18, 2019
Wireless carrier T-Mobile is getting into the banking market, announcing Thursday (April 18) the launch of T-Mobile MONEY nationwide, a no-fee, interest-earning, mobile-first checking account that anyone can open and...
December 13, 2018
Robinhood, the mobile investment app company, announced Thursday (Dec. 13) that it has launched Robinhood Checking & Savings, a new feature aimed at expanding its mission to overhaul the financial...
September 14, 2018
JPMorgan Chase is pulling out all the stops to get wealthy, young customers to open a new Sapphire bank account. The bank announced that customers who open a new Sapphire...