Demand deposit

Walmart’s MoneyCard is now offered as a sight deposit account

Dive brief: In their continued efforts to provide financial services, Walmart and fintech Green Dot have announced that the Walmart MoneyCard is now offered as a demand deposit account, according to a press release on Thursday. Users can manage their finances digitally or at Walmart’s 4,500 locations or over 90,000 Green Dot distribution points nationwide.. […]

Demand deposit

Walmart and Green Dot replace MoneyCard with a demand deposit account

Dive brief: Walmart and fintech Green Dot said Thursday that the retailer’s MoneyCard is now offered as a demand deposit account, according to a press release. Users can manage their finances digitally or at Walmart’s 4,500 locations or over 90,000 Green Dot distribution points nationwide.. Consumers who convert their Walmart MoneyCard to a demand deposit […]

Demand deposit

Walmart MoneyCard now activated as a sight deposit account

Walmart (NYSE: WMT) and Green Dot (NYSE: GDOT) today announced that the Walmart MoneyCard issued by Green Dot Bank is now offered as a demand deposit account (“DDA”) better equipped to help customers. Walmart customers to save money and live better. New and existing Walmart MoneyCard account holders can now access Green Dot Bank’s more […]

Bank loan

Bank loan funds are in an ideal position

As interest rates fell in 2019 and 2020, investors paid little attention to bank loans. But an economic recovery and the likelihood of higher short-term interest rates are key conditions for these loans, which pay an interest rate that adjusts every few months based on a bond benchmark at short term. When yields rise, most […]