Remove Deposit Account Remove FDIC Remove Mobile Banking
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FIS, Fiserv, Infosys In The Running For Robinhood’s Bank Business

PYMNTS

FIS, Fiserv or Infosys will be tapped to provide the processing software for Robinhood’s upcoming mobile bank if it receives approval from the Office of the Comptroller of the Currency. There will be no fees attached to the account.

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Why Consumers Need Digital Banks To Be Better, Not Just Cheaper

PYMNTS

In the sense that it is a bank, MoneyLion takes deposits and makes sure those deposits are FDIC insured through a backend partnership with a traditional bank, Choubey said. What consumers actually need isn’t just to pay less, but to actually get more and get more that is relevant.

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5 Best Business Savings Accounts for 2024

Stax

The following should be considered: Online banking capabilities: User interface, account management features, and integration with business software can streamline financial management and save time. Specialized features tailored to specific business needs, such as integration with accounting software , can also be a deciding factor.