Rethinking digital account acquisition with high-yield savings
It’s a reality that many financial institutions are starting to face: The digital checking account boom is not as profitable as it might seem. [Continue]
It’s a reality that many financial institutions are starting to face: The digital checking account boom is not as profitable as it might seem. [Continue]
Not all fintech and bank partnerships — especially banking-as-a-service ones — are created equal. This was made clear by the recent Synapse failure and bankruptcy, which has left many of the fintech’s customers unable to access their savings. [Continue]
If legacy financial institutions have the energy and impetus to spin up a purpose-built, digital brand, they will also do well to chart a path to profitability. [Continue]
Whether it’s at grocery stores or gas pumps, people across the country are feeling the effects of inflation and many households have been forced to make major changes to their spending habits. But, what has happened to their saving habits? [Continue]