Remove ATM Remove Digital Banking Remove Online Remove Taxes
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Wealthfront FinTech Rolls Out Debit Account Capability

PYMNTS

Wealthfront , the online investment service firm, has added checking features to its app. The Palo Alto, California startup said the no-fee account is the company’s latest move to build a next-generation banking service that is branchless, automated and optimizes every dollar.

Fintech 151
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Two Executive Views of Digital Transformation, and Why They Both Matter

Gonzobanker

Executives at the financial institution who have responsibility for customer service, digital banking and retail sales have one perspective. Chime and other challenger banks have quickly moved from being something mid-size FIs need to keep an eye on to being legitimate competition.

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SMB Challenger Banks: Lili Focuses on Freelancers

Fintech Labs Insights

I’ve been expecting digital banking disrupters in the SMB space since the beginning of the online banking era (late-1990s). Other differentiating factors: Allows customers to automatically set aside a portion of revenues for later tax payments, called “Tax Bucket”. But now we have some impressive entrants.

Taxes 15
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SMB Challenger Banks: Lili Focuses on Freelancers

Fintech Labs Insights

I’ve been expecting digital banking disrupters in the SMB space since the beginning of the online banking era (late-1990s). Other differentiating factors: Allows customers to automatically set aside a portion of revenues for later tax payments, called “Tax Bucket”. Top 26 Digital Lenders to U.S.

Taxes 15
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Why Aspiration Says Big Banks’ “Bad Decisions” Were Its Gain

PYMNTS

Bank of America’s response to the barrage of complaints was to guide the e-account customers to their Core Checking account, which they claimed offered a “great value.”. They also questioned the move in light of the lift BoA received from last month’s federal legislation, which slashed taxes for corporations.

America 109
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Payment Products – 14 Ways Banks Will Make Money

South State Correspondent

Real-time Payments (RTP): Either using The Clearing House, FedNow, or the crypto rails, all banks will need to clear payment transactions in real-time in the next three years. It will become a minimum expectation for both consumers and businesses, like how the ATM and remote deposit capture evolved.

Payments 195
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The Foundation for the Fintech Decade: How Account Aggregators will create a New Level Playing Field in India (1/4)

Lars Markull

Each digital payment made or received, each ATM withdrawal, each stock trade – all of these actions generate some financial data about a user or business. This is highly valuable information for the user; organizing this data efficiently could really help the user do things like track her expenses or plan her taxes.

Fintech 59