Business Accounts

UK Committee Says Banks Closed 2.7% of Small Business Accounts
UK Committee Says Banks Closed 2.7% of Small Business Accounts
February 28, 2024  |  Banking

More than 140,000 business accounts in the United Kingdom were closed by major banks in the last year, according to the U.K. Parliament’s Treasury Committee. That...

READ MORE >
FDIC Supports Higher Deposit Insurance Guarantees for Business Accounts
FDIC Supports Higher Deposit Insurance Guarantees for Business Accounts
May 01, 2023  |  Banking

The Federal Deposit Insurance Corp. (FDIC) favors “targeted coverage” among the options for deposit insurance reform. In that option, different deposit insurance limits would be...

READ MORE >
Brex Launches Brex Cash To Replace Biz Bank Accounts
Brex Launches Brex Cash To Replace Biz Bank Accounts
October 03, 2019  |  Digital Banking

FinTech startup Brex is launching a business cash management account to replace traditional business bank accounts, the company said in a press release on Wednesday...

READ MORE >