Why Aspiration Says Big Banks’ “Bad Decisions” Were Its Gain
PYMNTS
JANUARY 30, 2018
fee was charged each month that the digital customer opted to use a bank branch for services or if they did not make the direct deposit. The program was intended to compete with the “digital only” banks popping up at the time. Three years later, in 2013, Bank of America stopped enrolling new customers in the program.
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