A transaction account is a bank account that provides individuals with immediate access to money. Transaction accounts have full liquidity to pay bills and make everyday purchases. A common type of ...

My previous blog charted the rise and decline of checking accounts. This blog considers how smart banks can repurpose them for the modern age as transactional accounts. This requires more than a name ...

Transaction accounts, including checking, savings, money market, call accounts, and prepaid debit cards, were the most commonly held financial asset across both generations. In 2016, 97.7 percent of ...

When it comes to managing personal finances, selecting the right bank accounts can significantly impact an individual's financial well-being. Among the multitude of banking products available, two ...

The FEC inquiry endorsed the Commerce Commission’s findings that there was “no observable tendency towards strong competition” in the banking sector, which was more profitable than in comparable ...

Money market accounts combine savings features with checking-like access through debit cards and check-writing. The top ...