T-Mobile Launches Checking Accounts
T-Mobile is now offering its own branded checking accounts as a new offering called T-Mobile Money. The accounts bear no monthly, overdraft or transfer fees, and no ATM fees. Accounts earn 4% interest on the first $3,000. The product is digital-only and mobile-first, accessed primarily through a phone app. The debit card is compatible with Google Pay, Apple Pay, and Samsung Pay, although customers receive a physical debit card as well. It supports direct deposit, mobile deposit, bill payment, and customers can send checks. The product is created and operated by BankMobile, a division of Customers Bank (Member FDIC). BankMobile has over 2 million customers, mostly college students using a similar product offered in partnership with over 800 colleges and universities.
May 27, 2020
This summer, Samsung will launch Samsung Money by SoFi, a new financial product integrated with Samsung Pay. Like Apple Card, Samsung Money can be used as a payment method with the wallet app (Samsung Pay), the account is managed within the wallet app, and the product also includes a physical payment card.
Feb 20, 2019
The Samsung Galaxy S10 series covers a wide range of prices, from $750 up to $1,600 for the best S10+, the Ceramic edition with 12 GB RAM and 1 TB storage. Although Samsung initially announced pricing only for the lowest-memory configuration of each S10 model, US carriers have now revealed additional details and deals, including pricing for the high-memory configurations, and monthly payment options.
Nov 18, 2020
Google today launched a major revamp of its Google Pay app with a new interface and several major new features. Instead of a stack of cards and list of transactions, the new interface centers around the people and businesses you exchange money with, with a conversation-style interface for each person, group, and business.
Jul 23, 2020
Samsung Pay users can now sign up for Samsung Money in the new Money tab of the Samsung Pay app. Samsung Money is a debit card linked to a dedicated cash management account (similar to a checking account).
Jun 18, 2019
Facebook today announced Libra, a new digital currency that aims to combine the best features of other cryptocurrencies in order to be more consumer-friendly. The currency will be administered by the Libra Association, a new non-for-profit based in Geneva.