Betterment Everyday Savings, Rate Cut to 2.44% APY

Just a couple of weeks after introducing its new savings product, Betterment the investment robo-advisor, has lowered the promotional savings rate.

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Regulators Looking into Betterment 2.69% APY Savings Accounts

I wrote a few days ago about a new savings account option from Betterment that offers 2.69% APY. That’s the best rate for a high yield savings account. But there’s some concern as Betterment, a digital wealth-management start-up, might have similar issues to Robinhood, when they first attempted to launch traditional bank accounts. Regulators have…