savings accounts

Capital One Discloses CFPB Investigation of New High-Interest Savings Accounts
Capital One Discloses CFPB Investigation of New High-Interest Savings Accounts
November 01, 2024  |  Bank Regulation

Capital One disclosed Thursday (Oct. 31) that it could face an enforcement action by the Consumer Financial Protection Bureau (CFPB) regarding its introduction of a...

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Priority Debuts Enhancements to Its Banking and Treasury Passport
Priority Debuts Enhancements to Its Banking and Treasury Passport
September 23, 2024  |  Banking

Priority has introduced enhancements to the Passport product within its banking and treasury solutions platform. Among the changes announced by the unified commerce company Monday (Sept. 23) is...

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As Klarna Eyes Banking, BNPL Becomes Onramp to NextGen Neobank
As Klarna Eyes Banking, BNPL Becomes Onramp to NextGen Neobank
August 19, 2024  |  BNPL

For Klarna, buy now, pay later (BNPL) may serve as an onramp toward building a wider financial ecosystem tied to its app — and perhaps,...

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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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