A new bank centered on mobile devices looks to capture tech-savvy checking account customers.
This week ING Direct, the popular online provider of high-interest checking accounts, finally knuckled under to the reality that Americans still need checks. The company had long refused to issue checkbooks to customers, instead offering to send paper checks on behalf of customers via the mail. In a lot of ways, ING Direct’s antipathy toward
Is the traditional bank account checkbook a dead technology? Maybe. Or maybe not. It’s no secret that technologies, loosely defined, sweep by faster today than they ever did in the past. Classic toys that delighted children in the 1950s are ancient history. Once-common items like hotel room keys, user’s manuals, camera film and pay telephones
Online banking can be wonderful: It’s fast. It’s easy. There’s little or no paper to pile or file. And there’s no need to drive or walk to a bank branch. But, as Constance Gustke reports in “Are online checking accounts for you?” on Bankrate.com, online banking also has some drawbacks, which can include “deposit delays,