Checking news and trends

Betterment Debuts Cash Goals Feature To Help Users Save
Banking // July 30, 2020

To assist its banking users in putting aside funds for set aims, Betterment is rolling out a new Betterment Cash Goals feature. Users can see all of their funds in a single location and save with intention by making distinct buckets for financial goals over...

Does ‘Google Checking’ Foreshadow Big Tech, FinTech Payments Changes?
Payments Innovation // November 25, 2019

Banks and credit unions are certainly not on their way out, even as they face more pressure from challenger banks, FinTechs and Big Tech in the coming decade. Consumers, after all, tend to trust their financial institutions (FIs) to safeguard their money – and the...

BlueVine Secures $102M To Build Out SMB Banking Services
B2B Payments // November 19, 2019

Small business online lending platform BlueVine announced a $102.5 million funding round and plans to expand its presence in the small and medium-sized business (SMB) banking market. In a press release Tuesday (Nov. 19), BlueVine revealed ION Crossover Partners led the series F equity financing...

Robinhood Relaunches Checking Feature With 2 Pct. APY
Investments // October 08, 2019

Stock trading app Robinhood, which offers no-fee trading, is relaunching a checking feature called Cash Management after it was previously shelved due to regulatory issues. As reported on Tuesday (Oct. 8), the feature will enable customers to earn 2.05 percent APY on any money in...

Interviews & Exclusives
Does ‘Google Checking’ Foreshadow Big Tech, FinTech Payments Changes?

November 25, 2019
Banks and credit unions are certainly not on their way out, even as they face more pressure from challenger banks, FinTechs and Big Tech in the coming decade. Consumers, after all, tend to trust their financial institutions (FIs) to safeguard their money – and the data about their money – and they remain largely satisfied […]

Quick Reads
Betterment Debuts Cash Goals Feature To Help Users Save

July 30, 2020
To assist its banking users in putting aside funds for set aims, Betterment is rolling out a new Betterment Cash Goals feature. Users can see all of their funds in a single location and save with intention by making distinct buckets for financial goals over the short or long haul through the functionality, according to […]

Robinhood Relaunches Checking Feature With 2 Pct. APY

October 08, 2019
Stock trading app Robinhood, which offers no-fee trading, is relaunching a checking feature called Cash Management after it was previously shelved due to regulatory issues. As reported on Tuesday (Oct....

North Loop Banking Service Caters To International Students

August 23, 2019
A new bank account designed for international students was launched in the U.S., FinTechFutures reported on Friday (Aug. 23). North Loop is offering checking accounts and debit cards with partner...

High-Yield Deposit Accounts Come To Robo-Advisory Service Betterment

July 24, 2019
High-yield checking and savings are now being offered by online wealth advisor Betterment as a way to attract new customers.  “It’s really hard for banks to follow us here,” Betterment...