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After crackdown on Chime, Green Dot trumpets bank status

After crackdown on Chime, Green Dot trumpets bank status
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Wealthfront Opens Its Investment Platform To Enable More Investment Choices For Clients

Wealthfront Opens Its Investment Platform To Enable More Investment Choices For Clients The company will enable clients to build their own portfolios and edit existing portfolios and is also exploring adding crypto options as well News provided by Share this article Share this article PALO ALTO, Calif., April 28, 2021 /PRNewswire/ Today, Wealthfront announced new features for its investment portfolios that will enable clients to invest in a wider range of carefully vetted ETFs and Socially Responsible Investing (SRI) options. The company is also exploring options to enable clients to add crypto to their Wealthfront portfolio. The expanded portfolio features further enhance Wealthfront s investment portfolios, which will continue to allow clients to add the magic of Wealthfront s automated investment services, like rebalancing and tax-loss harvesting, as well as access to the company s fiduciary advice and financial planning tools at no additional cost.

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Kentucky warns unemployment filers to double-check payment info after reports of hacking

Kentucky warns unemployment filers to double-check payment info after reports of hacking
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Kentucky unemployment benefit recipients say bank account info changed

David Rice first got suspicious when his unemployment check didn’t hit his bank account last week. He eventually reached a Kentucky unemployment office worker over the phone who told him his most recent benefits were deposited – into an account at a bank he doesn’t do business with.   His direct deposit banking information had been changed, a sign his account had likely been “hacked,” he said the employee told him. Rice said he isn’t sure how his banking account information could have been changed and he’s not sure if he’ll see the hundreds in benefits that have apparently gone to a “Michael something,” he said.

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Wealthfront Adds Additional Automation to Make Money Movement Effortless

Wealthfront Adds Additional Automation to Make Money Movement Effortless Clients can now offload even more of their savings strategy and have Wealthfront do the work of moving money between accounts. News provided by Share this article Share this article PALO ALTO, Calif., Feb. 4, 2021 /PRNewswire/ Today, Wealthfront announced that clients can now use the service to monitor for and automatically transfer excess cash to a Wealthfront Roth IRA, Traditional IRA or a 529 College Savings Account. Previously, Wealthfront monitored for excess cash and automatically transferred the balance to either a Wealthfront Taxable Investment Account or a Wealthfront Cash Account, and the company has quickly expanded its service to include more account options.

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