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Seattle startup vets launch platform that lets employers provide emergency savings accounts

GeekWire

A new Seattle startup called Secure is launching to help employers offer a financial wellness benefit to workers beyond their paycheck in the form of an emergency savings account (ESA). Secure targets small companies that aren’t ready for a 401(k) offering, and larger businesses that want to offer more workplace savings programs.

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Square launches checking and savings accounts for small businesses

The Verge

Square Banking combines checking accounts, savings accounts, and Square’s existing small business loans (now called Square Loans) into a package that the company claims is both fair and accessible. In terms of features, Square’s new savings account can automatically set aside money from every sale made on Square’s platform.

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Health savings account custodian HealthEquity acquires Seattle transportation startup Luum

GeekWire

HealthEquity , a publicly-traded administrator of Health Savings Accounts (HSAs), has acquired Luum , a Seattle startup that helps employers manage commute benefits for their workers. Luum CEO Sohier Hall. Luum Photo).

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Seattle fintech startup Secure, which helps enable emergency savings accounts, raises $3.5M

GeekWire

Investors are betting on Secure , a new Seattle-area startup riding a trend of increased interest in emergency savings accounts amid the pandemic. Secure CEO Devin Miller said there is momentum in this fintech sector as more companies are rolling out programs that let employees save a portion of their paycheck automatically.

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Digit is now offering a bank account with its automatic savings features built in

The Verge

Digit is building on its automated savings know-how with a new $9.99 With the new service, you’ll have access to “spending” and “bills” accounts, a debit card (with access to ATMs), and all of the usual AI-enabled savings tools Digit’s gained over the years , but with no waiting for bank transfers and theoretically even easier saving.

Banking 63
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Apple will soon offer "high-yield" savings accounts for its Apple Cash rewards

TechSpot

Backed by Goldman Sachs, the overall service is popular for its convenient features, including Apple Pay and wallet app integration, real-time balances, on-device account management, cash back, and secure card/CVV numbers. As of May 2021, there were 6.4 million Apple Card users.

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This 'Robot Lawyer' Might Save Your Banned Social Media Account

Gizmodo

Anyone who’s dealt with a suspended account on Twitch, Twitter, or any other platform can attest to the dizzying feats required to get those accounts back—that is, if you’re lucky enough to even get them back in the first place. Unless you manage to get some sort of media attention , victims of this issue are typically… Read more.

Media 68