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0.000136147038801976 -0.000136147038801976 0.000272294077603758 0.000544588155207709 0.000884955752212358 0.00408441116405714 0.00367597004765141 0.00367597004765141
Stock impact report

T-Mobile Tries to Disrupt Banking [The Motley Fool]

T-Mobile US, Inc. (TMUS) 
Last t-mobile us, inc. earnings: 2/6 04:01 pm Check Earnings Report
US:NYSE Investor Relations: investor.t-mobile.com
Company Research Source: The Motley Fool
T-Mobile Tries to Disrupt Banking The company may help bring accounts to millions of unbanked households. About 8.4 million American households were "unbanked" in 2017, according to a report from the FDIC. That means those households -- 6.5% of the American population -- lack access to a checking or savings account. A new product from T-Mobile ( NASDAQ:TMUS ) may help to change that. That's not the stated goal of T-Mobile Money, a new checking account being offered by the wireless carrier (available to anyone, not just its customers). It may, however, be a happy side effect. There are a lot of reasons people don't have a bank account. Some are wary of banks in general and others worry about making small mistakes that lead to overdraft charges. That's a problem T-Mobile is addressing with its new service. The company pointed out that Americans paid $34 billion in overdraft charges in 2017. That's something the wireless carrier's checking account seeks to eliminate, and that might make Show less Read more
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