Many online and traditional brick-and-mortar banks share similar features. Both use apps, for example, to allow you to manage your account balances and perform basic banking transactions at home.

Katherine Fan is an independent journalist with a background in the tech industry. She brings years of expertise in personal finance, travel, loyalty and small business coverage to the Newsweek ...

We’re long past the tipping point for traditional banks to innovate at the pace of their digital-first counterparts.

Learn common banking terms and acronyms to help you gain a better understanding of banking practices and make more confident financial decisions. Adam B. Frankel is a personal finance writer and ...

It was called GMAC and kept that name until 2009 when it became Ally Bank. Today it is one of the top 25 largest banks serving 11 million customers. It operates as a fully online bank and offers a ...

Discover Online Banking offers a checking account, savings account, certificates of deposit, money market accounts and retirement accounts, so there’s plenty to choose from. The checking account ...

Discover® Bank (Member FDIC) is a strong online bank for online debit and credit cards. Discover Bank: Overall Rating Cash back with your debit card High interest rates on savings, CD ...

In fact, as long as they're FDIC-insured, online banks are just as safe as traditional brick-and-mortar banks. But it's important to follow standard web best practices when banking online.

Opening a business account online is a simple process if you are prepared with the necessary documents and information. Key Takeaways A business bank account is an ideal way to separate your ...

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Mobile banking offers a simple way to pay bills, track spending, set savings goals and more. Online banks are increasing in popularity as people continue to shift toward using smartphones to check ...