If you’re looking to sell your structured settlement, you’re essentially trading future security for present liquidity. You’re selling an asset that is tax-free and guaranteed at a discount. As a …
The digital banking landscape is evolving quickly, with more than 70 new neobanks being founded in the last five years. Choosing an online bank is becoming increasingly complex, as it’s …
Online banking has gone mainstream in a big way as more and more traditional banks allow their customers to access their funds online. However, traditional banks still have quite a …
Banking is a polarizing subject for most. People tend to have strong opinions about their finances, and they stand by their decisions. However, many banks have become privy to the …
The banking industry is known for its strong customer loyalty. This is because customers prefer to stick to a single bank until something tragic happens and forces them to shift. Well, this has been in place when traditional banks were the dominant players, but online banks are changing things in this industry.
They have impressive offerings that will even tempt the most loyal customers. This is partly because they have little overhead costs, which allows them to offer cheaper services and better rates. The threat has been tremendous to the point that traditional banking giants have been forced to incorporate online services to counter the offerings by these online banks.
If you are looking for a dependable online bank, you have a couple of options to look at. Here, we will review two notable ones; CIT Bank and Mar
Online banks continue to give traditional ones a race for their money. They have attracted a lot of customers thanks to their better rates and improved services. We live in a digital era, and people no longer relish going to traditional bank halls for transactions.
The enhanced access to the internet and the rate at which people embrace smart gadgets have changed the perception of many banking customers, as they have realized that they can do all they used to do at the comfort of their home.
But how do these banks manage to offer better rates to customers and surpass the traditional banking players?
It all goes down to their business structure and what they focus on.
Traditional banks spend millions on maintaining their brank branches and sustaining their employees. This amount is spread out to the customers in the form of account charges and reduced rates. In their defense, they need to get this m
Are you wondering which bank to pick to handle all your financial needs? You’ve come to the right place! When selecting a bank or online savings account, it can feel like …
With more and more people using online banking, it’s hardly surprising that we’ve seen an influx in consumers switching to completely digital online banks. This prompted us to take a …