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Why online banks aren’t sweating the rise in deposit costs
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Why online banks aren’t sweating the rise in deposit costs

Why online banks aren’t sweating the rise in deposit costs

Fintech Nexus Staff·
Fintech
·Jul. 28, 2022·1 min read

The Federal Reserve’s aggressive tightening is putting some pricing pressure on digital banks that rely on high-yield savings accounts. But the increases are not keeping pace with the central bank’s rate hikes, and the caution may continue in the face of economic uncertainty.

Read the full article at: www.americanbanker.com

  • Fintech Nexus Staff
    Fintech Nexus Staff

    This piece was created by one of our content team members. Reach us at [email protected]

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