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Zero Launches Debit-Like Credit Card, Raises $20M

PYMNTS

Zero, a company that aims to modernize credit cards for the millennial generation, has raised $20 million in a Series A funding round, according to a report. The company plans to market its card to credit-wary millennials who want to avoid getting into a deep debt cycle, but who also want the incentives of owning a credit card.

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Green Dot To Launch Mobile Banking For US Immigrants

PYMNTS

Hispanic immigrants have access to actual banking services, the release states, citing an FDIC survey. A survey by Welcome Technologies of 10,000 immigrants found that only 44 percent used credit cards and 54 percent had savings accounts, the release states.

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Digital Bank N26 Offers New Perk Partners To US Debit Card Users

PYMNTS

Cash withdrawals are free at more than 55,000 Allpoint designated ATMs and customers also get two free out-of-network withdrawals per month. N26 partners with Axos Bank to offer a Visa debit card and FDIC-insured checking account. All accounts also come with Spaces, which gives users the ability to organize financial goals.

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EIP Card: How to Get Your Money Without Fees

MyBankTracker

The IRS has sent out the Economic Impact Payment (EIP) in the form of a debit card to qualifying taxpayers who may not have a bank account to receive direct deposit or to deposit a mailed stimulus check. As these taxpayers receive their EIP debit cards, they may be wondering how to access their money without getting hit by a bunch of fees.

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Betterment Checking Account Review: Unlimited Free ATM Access

MyBankTracker

This can include monthly maintenance fees, overdraft fees, ATM fees, and other costs. As a no-hassle checking account, you can manage your money with no monthly minimums, no overdraft fees, and no ATM fees. The best part: If you’re charged a fee by an ATM owner, Betterment will reimburse your money. FDIC insured.

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Robinhood Re-launches Checking Feature With 2 Pct. APY

PYMNTS

percent APY on any money in the account – and they will be able to spend it with a distinctive Mastercard debit card. The new option, Bhatt said, was “built from the ground up” and will have use at a network of 75,000 ATMs. Investors’ money will be covered by the Federal Deposit Insurance Corporation (FDIC) up to $1.25

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Evolve Taps i2c To Power Custom Banking Products For FinTechs

PYMNTS

announced that it is partnering with Evolve Bank & Trust , an FDIC-insured financial services organization, to offer a full suite of customizable credit, debit, prepaid and DDA products. Its partnership with ic2 will include the latest innovations in credit cards, prepaid cards, debit cards, and a host of core-banking solutions.

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