Cross River Bank, a technology infrastructure provider that offers embedded financial solutions, announced the launch of its automated sweep feature using the IntraFi Cash Service. The capability will ...
DALLAS and NEW YORK, Dec. 19, 2023 (GLOBE NEWSWIRE) -- Veritex Community Bank (Veritex (VBTX)), the banking subsidiary of Veritex Holdings Inc., today announced it has joined the MaxMyInterest (Max) ...
Senators Bill Hagerty and Angela Alsobrooks have introduced legislation that would raise the FDIC deposit insurance limit on noninterest-bearing transactions account balances from $250,000 to $10 ...
FORT LEE, N.J.--(BUSINESS WIRE)--Cross River Bank (“Cross River”), a technology infrastructure provider that offers embedded financial solutions, announced the launch of its automated sweep feature ...
SMB Banking Platform LiliSignificantly Raises High-Yield Business Savings Account to Earn 4.00% APY And Increases FDIC Insurance Coverage to $3M Lili’s Maximum FDIC Insurance Coverage Raised from $250 ...
Automated sweeps into high-yield accounts enable fintechs to offer better returns and enhanced insurance for their customers, with Bluevine leading the way as a pilot client SALT LAKE CITY--(BUSINESS ...
Starting in October 2025, DriveWealth Bank Sweep Deposit Program customers’ cash will be automatically swept into a network of multiple FDIC-insured banks, “enabling coverage of up to $1 million per ...
FDIC insurance covers up to $250,000 per depositor, per bank, per ownership category — meaning a single person can protect far more than $250,000 by using different account types at the same ...
A proposed amendment to Congress would extend FDIC insurance to cover non-interest-bearing business transaction accounts. The Hagerty/Alsobrooks Amendment aims to protect funds used by small ...
The proposal to push up some federal deposit insurance coverage to $10 million per account would encourage banks to take excessive risks while leaving consumers with the bill, writes Gerard Scimeca.
Joint bank accounts can simplify money management for couples, families and partners—here’s what to know before opening one ...