To Stand Apart, Digital Banking Services Pile on the Perks – Spencer Tierney

New banking players are redefining what a checking account looks like. Financial technology, or fintech, companies in banking — often called neobanks — typically offer mobile-focused accounts with eye-catching features, generally do without branches, and partner with banks since many don’t have banking licenses of their own. From 2018 to 2020, neobanks skyrocketed from 60…

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