Tag: Traditional Banks


If consumers welcome new payment options, why are they slow to adopt them?

November 18, 2020

Via: FinTech Futures

Consumers largely welcome a more diverse range of payment choices, but do not always take advantage of them when managing their money. These are some of the latest findings of the 2020 ING International Survey on new technologies which provides […]

Channels, Retail Banking

Opening for Online Alternative as Bank Deposit Rates Stay Near Zero

April 13, 2018

Via: The New York Times

Savers should finally be getting a break. After a decade of being near zero, short-term interest rates have risen sharply in recent months. Typically, these rates — three-month T-bills, Libor, commercial paper — move together because they reflect the same […]

Retail Banking

Online Banks vs. Traditional Banks: Where to Get the Best Interest Rates

June 6, 2017

Via: GOBankingRates

Online banks have lower overhead costs than their traditional, brick-and-mortar counterparts because they don’t have to pay for physical branches — and they typically pass the savings on to consumers with higher rates on deposit accounts and lower rates on […]