Five minutes to open an account with one of the "online only" banks.

That's what the one in question said on their website/in their ads.

Minimum time needed to read their terms and conditions is about 1 hour.

[Pls. don't go "nobody reads the T&C anyway", thx.]

#OnlineBank #enshittification #money

Die Bafin ordnet Maßnahmen gegen N26 an.

Die Onlinebank N26 aus Berlin steht erneut unter strengem Aufsichtsregime. Grund sind gravierende Mängel im Risiko- und Beschwerdemanagement sowie in der Organisation des Kreditgeschäfts, die eine Sonderprüfung 2024 aufdeckte.

https://buff.ly/qdVfrfL

#N26 #Bafin #Bankaufsicht #Hypotheken #Finanzaufsicht #OnlineBank #Geldwäsche #Risikomanagement #Bußgeld #Finanzen #Kreditwesen #Bankenkrise #Eigenmittel #Sonderbeauftragter #Deutschland

Could someone recommend USA online banks for checking account & #highYieldSavings account with websites that work in Firefox?

- Discover Bank would eventually close post-merger.
- Ally Bank, Synchrony Bank, & Capital One 360 are out.
- Bank of America had clunky website few years ago when had a credit card for a year.
- How is American Express (currently have CDs)?

#personalFinance #onlineBank #USA #askFedi

Well … Discover merger with Capital One(buyer) completed on 20250518.

Discover FAQ: https://www.discover.com/faqs/merger/

#personalFinance #creditCard #bank #onlineBank #USA

Capital One-Discover Merger FAQ: What Customers Need to Know | Discover

Get answers to frequently asked questions about the Capital One acquisition of Discover. Learn how this merger impacts your accounts and services.

Fintechs like Block and PayPal are battling like never before to be your all-in-one online bank

Quarterly results from Block, Affirm and PayPal show that the major U.S. fintechs are converging as they all try to become the go-to digital bank.

CNBC

Kan någon, snälla, informera Danske Bank om att 1990-talet ringde och ville ha sin webbdesign (och funktion) tillbaka? 😑

Det måste f-nimig vara bland det sämsta som producerats av ett företag som kan "slänga hur mycket pengar som helst" på det 🤔

Precis ALLT i deras "onlinebank" känns ... dåligt.

#danskebank #onlinebank #internetbank

I have to say, so far the best bank I’ve had is #Wise which is an online bank, never had problems with them, you can open accounts in different currencies in one click (euro, dollars, canadian dollars etc.) and with just 1 card it will pay in the appropriate currency.

It doesn’t complain when you’re doing payments yourself, but detects and blocks fraudulent uses of your card.
You can convert money between your accounts at the current exchange rate with a much smaller fee than other banks (as far as I know).

Also it’s the only bank that spontaneously gave me money (just to cover some of their fees, but still)!

The only issue you might have is because it’s an online-only bank, some companies will not accept payment from them, but that has happened less and less recently.

If anyone’s interested: https://wise.com/ (and if you’re serious about it, I might be able to “invite” you)

#OnlineBanking #OnlineBank #Banking #ByeByeSantander

Wise: The international account | Money without borders | Wise United Kingdom

Banks charge a lot for overseas transfers. We don't. Transfer money abroad easily and quickly with our low cost money transfers.

Wise
@kiview @oli Ja, das war für mich auch lange ein Argument. Inzwischen ist das bei meiner örtlichen #Sparkasse leider nicht mehr so, deshalb gehe ich jetzt ohne großes Bedauern zu einer #Onlinebank.

"Aus Sicherheitsgründen senden wir Ihnen Ihren PIN in einem separaten Schreiben in wenigen Tagen zu."

Nachdem das eine Schreiben mit Freitag und das zweite mit Sonntag datiert ist, sind die Briefe heute beide gemeinsam im Postkasten gelegen. 👌

#securitytheatre #OnlineBank