Articles about checking accounts and how banking providers grow deposits, including topics like digital account opening, debit cards, overdrafts and fee income.
Expanded cashback and rate incentives aim to lure new customers and build deposits at manageable cost.
Trends in Overdraft Fees: Which Banks Ditched Them (and Which Didn’t)
A comparison of bank, credit union and digital bank overdraft policies provides a resource for institutions planning their next move.
Is AmEx’s Consumer Checking Move Defense, Offense Or Both?
American Express presses further into banking, rolling out digital rewards checking. Experts assess what the card giant has in mind.
How Financial Marketers Can Make People Feel Better About Fees
New research shows that banks and credit unions don't have to get rid of overdraft, ATM or checking fees, just change how they're perceived.
Credit Unions Buying Banks at a Breakneck Pace: Here’s How It Works
In 2021, 13 credit unions acquired community banks. Don’t be surprised to see this number double in 2022, setting a record.
The Gig Economy: How Banks Can Find Hidden Revenue Opportunities
The fast-growing freelance worker market could be a boon for financial institutions, but so far has been largely untapped by the industry.
How Data Can Dramatically Alter the Overdraft Landscape in Banking
Instead of reacting defensively to competitive or regulatory pressures, technology lets banks and credit unions proactively assist customers.
What’s the Future for Checking Accounts?
Despite the obsolete name, this is a core product that remains essential for consumers — but the reasons why are changing.
What’s Next for Goldman’s Marcus Banking Strategy?
Co-branded GM card, with unique e-commerce potential, is latest foray into banking. Meanwhile, the industry awaits launch of Marcus checking.
Why People Don’t Want Banks to Pull the Plug on Overdraft Services
Many consumers actually feel they need this politically incorrect option to manage their finances — or adjust for their lack of discipline.
Why Capital One’s Move Won’t Be the Death of Overdraft Fees
The bank is the biggest so far to nix the fees. The action has emboldened legislators and regulators to try and abolish OD fees altogether.
‘Dear Steve, We’re Sorry You’re Dead’ (But I’m Not Dead!)
Relying on people's inertia is a lousy cross-selling concept when technology should make relationships at least coherent, if not wonderful.
Banking + Investing on One Slick Mobile App: Retail Banking’s Future?
A neobank CEO personally buys a tiny bank as the next step in building a financial super app targeting poorly-served megabank customers.
Growth Is Impossible Without Faster Digital Checking Account Opening
Financial institutions are experiencing an unacceptable rate of digital account opening abandonment due to slow and broken processes.
The Beginning of the End for Overdraft Fees — What’s Next?
Overdraft fees are heading for the exits. Banks and credit unions must find new revenue streams that aren't political lightning rods.
Startup Bank Goes All-In Gambling on a Niche Market
Seeking long-term large deposit relationships Lexicon Bank balances compliance duties with marketing itself as a home for poker professionals.
The ‘Primary Financial Institution’ Concept Is Dead… Now What?
Fragmented relationships are the new reality. The highly digital yet personal strategy of one community institution points a way forward.
Are Cryptocurrencies Coming to Everybody’s Checking Accounts?
With interest in holding crypto rising fast among Americans, there's an opportunity to establish an early presence.
Walgreens Wades into Consumer Banking Melee with ‘Scarlet’ Account
9,000 pharmacies across the U.S. just became 'bank branches.' Should traditional institutions — and fintechs — be worried?
How PNC Adapted Its Virtual Wallet to Solve Overdraft Complaints
Giving consumers more control is seen as a big plus, but pressure from neobanks, Ally and Walmart could make PNC vulnerable on pricing.
Debit Cards Dethrone Credit Cards (And Why That’s Likely to Stick)
Total debit card spending passed that of credit cards for the first time in 2020. The pandemic was a big reason, but not the only one.
Trendwatch: Most People Now Making Mobile Deposits
The financial industry can no longer afford to ignore their mobile banking tools. In light of new research by Chase, 2021 is proof of that.
Don’t Surrender Retail Banking to Fintechs and Megabanks
If your financial institution isn't using consumer deposits to grow profitable relationships, you're overlooking a huge opportunity.
