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Bankers groups are keeping close tabs on a host of legislative and gubernatorial proposals, from prize-linked savings accounts in Iowa to rent control in Massachusetts to a slew of bills modeled after California's recently passed data privacy law.February 11
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The digital-only bank found customers are anxious about their inability to set aside money, so it decided to offer automated savings tools, consumer chief Diane Morais says. It is one of the larger companies to do so.February 7
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The new features use automatic transfers to encourage account holders to build savings faster and with less effort.February 5
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Bask Bank will offer customers AAdvantage miles for every dollar saved.January 27
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BB&T-SunTrust merger closing could slip into 2020; how “the most feared freshman” is shaking up House Banking panel; consumers are split about trusting Amazon, Google with their savings; and more from this week’s most-read stories.October 18
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Two new surveys have found that most consumers would prefer to stash their cash in traditional banks. But there's one group of savers who would be very comfortable opening accounts with tech giants if given the opportunity.October 11
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The new products, along a 2% cash-back credit card, are aimed at helping customers build savings and reduce debt.August 5
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Several wealth management firms, including Marcus by Goldman Sachs and Wealthfront, have launched banking products to complement their investment services.July 23
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Challenger banks promote the concept of empathy in banking, which sometimes means forgoing revenue to build up customer goodwill.June 26
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The move figures to generate more low-cost funding for the firm’s consumer lending businesses without sacrificing substantial revenue.June 17
