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 ...

Savings and checking accounts both help you manage money, but they differ in what they’re used for. In addition to having both accounts, it’s important to understand the purpose each serves when it ...