Known as neobanks, these institutions operate entirely online without physical branches, offering app-based financial services that prioritise speed, transparency and lower costs.

In 2026, that environment is experiencing a shift. A new 1% federal excise tax on certain remittance transfers took effect.

This article was paid for by Cash App. Whether you're splitting a restaurant bill with friends or paying your half of the rent, the days when you'd count out a stack of bills or write a check are long ...

With digital payments becoming increasingly popular, millions of people now use messaging platforms not only to communicate ...