Online banking

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After almost a decade of competing for digital advice assets, new banking offers have the firms going toe-to-toe again.

The robo strikes a deal to offer direct deposit service and debit cards.

When a tweet drew backlash from customers and politicians on Monday, it brought into question how banks should couch their messages on social media.

The move, reported by The Wall Street Journal, could be part of a deeper foray into co-branded cards by Goldman, which has been expanding into consumer finance through its Marcus unit.

The robo advisor rolled out a new partnership with a handful of banks to give clients a fully insured place to keep their cash.

The bank says it has restored access, but it hasn’t explained how a fire-suppression system at one facility could cause a nationwide outage across all of its channels, or how its system as a whole could have been left so vulnerable to the incident.

Customers reported being unable to access online banking, mobile banking or their debit cards.

To keep pace with its peers, Morgan Stanley is ramping up its online offerings in banking and wealth management.

Although banks and digital wealth startups seek to claim the same assets, they're finding common ground elsewhere.