Why Consumers Need Digital Banks To Be Better, Not Just Cheaper
PYMNTS
JULY 30, 2019
Having a simple bank checking account costs an average a monthly maintenance fee of $13.58 ATM fees, on the other hand, average around $4.66. That is why, MoneyLion Founder and CEO Dee Choubey said , his firm has set out to build a bank that isn’t a bank. or $163 a year.
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