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Personal Capital has introduced a high-yield FDIC-insured savings account that is available to current clients and non-clients. Personal Capital Cash has no minimum balance and an annual percentage yield (APY) of 2.30% for non-clients. UMB Institutional Banking, however, is Personal Capital’s partner in the launch of Personal Capital Cash. Find details here
Contributed by Vasyl Soloshchuk, CEO and co-owner at INSART, FinTech & Java engineering company. Vasyl is also the author of WealthTech Club, which conducts research into Fortune and Startup Robo-advisor and Wealth Management companies in terms of the technology ecosystem.