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.. […]
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 […]
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 […]
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 […]
Today saw the collapse of Iron Finance, issuer of a so-called “stablecoin” called IRON which is now worth much less than the dollar it is supposed to be pegged to. This is obviously bad, because the whole point of a stablecoin is to be stable. Stable coins are important. They are widely used by crypto […]
Today saw the collapse of Iron Finance, issuer of a so-called “stablecoin” called IRON which is now worth much less than the dollar it is supposed to be pegged to. This is obviously bad, because the whole point of a stablecoin is to be stable. Stable coins are important. They are widely used by crypto […]