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Chase current account customers can now get insurance in their banking app: Is it a good deal?
The deal includes travel, mobile phone and AA breakdown cover.
Standard FDIC and NCUA insurance covers up to $250,000 of deposits and interest earned on those deposits. Online-only banks also provide FDIC insurance, but fintech companies aren't part of the FDIC ...
Insurance may commonly be viewed as an arrangement by which a company or the State undertakes to provide a guarantee of compensation for specified loss, damage, illness, or death in return for payment ...
The flow of deposits to less stable banks threatens the soundness of the entire financial system. According to a group of economists at the World Bank and International Monetary Fund, “Deposit ...
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