Oct 16, 2023 | Economy News
Wealthfront’s Cash Account has taken the fintech industry by storm with its unique offering of up to $8 million in FDIC insurance for individuals and up to $16 million for joint accounts. This impressive level of coverage is made possible through...
Oct 16, 2023 | Economy News
Now with $12 Million in FDIC Insurance, Fintech Flourish Cash Offers Two Person Households Improved Savings Option The Importance of FDIC Insurance FDIC insurance is foundational to the US banking system. It provides a safety net for depositors, giving them peace of...
Oct 16, 2023 | Economy News
The Benefits of Higher Rates for Longer: Insights from Former FDIC Chair Sheila Bair Former FDIC Chair Sheila Bair recently shared her perspectives on the benefits of higher interest rates for extended periods. During an interview on “Squawk on the...
Oct 16, 2023 | Economy News
FDIC Hosts Meeting of State Regulators to Discuss Policy Issues in Financial Regulation The Federal Deposit Insurance Corporation (FDIC) will be hosting a meeting of its Advisory Committee of State Regulators on Wednesday, October 18, 2023, at 1:00 p.m. ET. This...
Oct 13, 2023 | Economy News
FDIC Launches Campaign to Boost Deposit Insurance Awareness The Federal Deposit Insurance Corporation (FDIC) has announced the launch of a new campaign aimed at increasing public awareness about the importance of deposit insurance. This move comes as a response to...
Oct 12, 2023 | Economy News
FTC Lawsuit: Voyager CEO Sued for False FDIC Insurance Claims After settling on Thursday with the Federal Trade Commission (FTC), bankrupt crypto company Voyager is permanently banned from handling consumers’ assets. But the government agency also announced on...
