Quote from Ndubuisi Ekekwe on October 21, 2022, 8:10 PM

A new product which seems very interesting: early access to direct deposit and paycheck in banking: "Stealing a page from fintech, America’s biggest bank will offer some customers early access to their direct deposits. JPMorgan Chase’s Secure Banking accounts will also speed tax refunds, pensions and government benefits, as well as payroll, by up to two days — and not charge for overdrafts.

"The bank, which says the product is aimed at households earning US$55,000 a year or less, has faced pressure from lawmakers to halt overdraft and other fees. It says the new checking accounts can help clients avoid fees while still giving them access to a broad physical network of branches and ATMs."