Driven by the prospect of higher interest rates, lower fees, and around-the-clock access, new customers flocked to digital banks during the past year. This, according to research and key findings ...

If you want to show up at a direct bank and make a deposit, you will run into a few problems. Additionally, if you want to discuss your interest rate with a direct bank representative in person, you ...

New findings from the JD Power 2025 U.S. Direct Banking Satisfaction Study reveal how direct banks are shaping the future of banking by delivering more than just competitive rates. Paul McAdam, Senior ...

TROY, Mich.: 11 May 2023 (Updated 20 Sept. 2023) — If there is one silver lining to the constant forward march of inflation and rising interest rates, it can be found in the direct banking sector, in ...

Direct banks outperformed traditional brick-and-mortar banks when it came to customer satisfaction, according to a new J.D. Power survey released in May 2025. Consumers reported that online banks ...

Amanda has written in the personal finance space for several years and previously worked as a risk analyst at a local community bank. She researches economics, emerging financial trends and the future ...

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Direct deposit is an electronic payment to a bank account that is typically sent by an employer or the government. Many, or all, of the products featured on this page are from our advertising partners ...

Hanna Horvath is a CERTIFIED FINANCIAL PLANNER™ and Red Venture's senior editor of content partnerships. Fox Money is a personal finance hub featuring content generated by Credible Operations, Inc.