Business Value-Added Checking: Pros & Cons

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Business Checking. The basic model hasn’t changed much in, oh, forever. So, what’s new? Well, FinTechs and neo-banks are finding a number of opportunities. They’re simply cloning the existing template, while making all aspects easier, faster, less costly and more convenient. Unsurprisingly, these companies are increasingly gaining market share. What…

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What is Business Value-Added Checking? (Definition & Benefits)

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Growing Deposits Through Business Value-Added Checking In the last three years, the top three banks – Bank of America, JP Morgan Chase and Wells Fargo – took in nearly 50% of the new deposit accounts. The remaining 50% was split among savings and loans, credit unions, community banks, and fintechs. …

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