Savings accounts

Challenger banks promote the concept of empathy in banking, which sometimes means forgoing revenue to build up customer goodwill.

The move figures to generate more low-cost funding for the firm’s consumer lending businesses without sacrificing substantial revenue.

Boston-based Trio is openly offering its cash management account as capital at risk, offering big incentives if consumers agree to sign up for an uninsured account.

Regional and small banks are striking digital partnerships and launching new savings offerings as they attempt to steal away business from bigger institutions.

Raisin is planning to create an online marketplace for high-yield savings accounts and CDs for the U.S., but persuading Americans to save could be a challenge.

The Federal Reserve is considering revising Regulation D, which limits consumers to six transfers per month on savings and money market accounts through certain methods.

Plinqit, led by a former banker, was developed specifically for community banks as a way to appeal to young customers.

As with the debate over guns, climate change and other social issues, banks may find themselves pressured to do more to address the country's wealth gap.

Gateway Mortgage Group’s dream of being a national, diversified financial services player will hinge on its effort to turn a community bank into an online-only platform.

Aspiration, Wealthfront and SoFi have all begun offering high-yield savings accounts during the past few weeks.

Fifth Third is helping consumers — and millennials in particular — save for big-ticket purchases with a new tool that squirrels away small sums into an account that can’t be immediately accessed.

The Trump administration will offer a framework and get Congressional input on housing finance; some online banks offer more than 2% interest on deposits.

The 35-day partial government closing was a stark reminder that many Americans live paycheck to paycheck, and financial firms need to help solve that problem, the mobile banking firm’s CEO says.

Affirm, which for six years has plied its trade as a point-of-sale lender, wants to move deeper into banking by offering a high-rate savings account.

Digit, Chime and Pluto are among those said to be stepping into a void left by the banking industry. But designing helpful enough, yet flexible enough, financial safeguards for consumers is easier said than done.

Parents with small children often don’t know about college savings accounts, according to U-Nest founder Ksenia Yudin.

The San Francisco challenger bank is adding 150,000 customers per month and plans to expand its financial product offerings.

Truebill, which started as a subscription management app and grew into one targeting bank fees, is now offering automated savings and financial management.

Montana’s Credit Unions have entered into a partnership with the Minnesota CU Network and TruLync to offer prize-linked savings to members.

Credit unions in 45 cities in Wisconsin and Minnesota will offer the prize-linked saving incentive.