Just about "fintech" clowns who have no idea how to properly manage counter party risk or more likely another con as most of other "tech" bullshit solution nobody asked for.
Watch it, nobody gonna get in trouble. No way to tell what went wrong, nobody is at dual
People really need to learn how banking works, not gonna victim blame but at some point either get educated or get fucked.
Everyone should have a main account with a local credit union and then secondary accounts with whatever “fintech” banks you want. I keep multiple accounts and everything flows through a local account first and then gets moved elsewhere. Currently I’m using revolut as my secondary to help budgeting.
sunzu@kbin.run 4 months ago
Just about "fintech" clowns who have no idea how to properly manage counter party risk or more likely another con as most of other "tech" bullshit solution nobody asked for.
Watch it, nobody gonna get in trouble. No way to tell what went wrong, nobody is at dual
People really need to learn how banking works, not gonna victim blame but at some point either get educated or get fucked.
YOUR choice plebs.
rdyoung@lemmy.world 4 months ago
Everyone should have a main account with a local credit union and then secondary accounts with whatever “fintech” banks you want. I keep multiple accounts and everything flows through a local account first and then gets moved elsewhere. Currently I’m using revolut as my secondary to help budgeting.
sunzu@kbin.run 4 months ago
Properly configured fintech set up is also fine just got to make sure your counterparty ain't a brain dead scammer tech bro.
But yeah CU is strongest choice. Not highest yield tho