Purepoint Financial news and trends

New Digital Bank Launches To … Encourage Saving

February 24, 2017
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New Digital Bank Launches To … Encourage Saving

February 24, 2017
PurePoint Financial, a new division of MUFG Union Bank, N.A., announced the inception of its new hybrid digital bank aimed at committed savers. The offering is in direct response to a U.S. savings rate of only 5.4 percent. Finextra reports that PurePoint developed the new offering after it polled respondents on what they would need […]