10 Things Banks Should Know About 1099 Workers

10 Things Banks Should Know About 1099 Workers

Recent highlights:

1. Now it's up to challenger bank founders to decide whether they'll listen to independent workers and create new banking tools and options around their needs, or let the 68 million freelancers, gig workers, contractors, and on-call workers remain an untapped

2. In addition to keeping everything in the app, independent workers would like a bank account that has invoicing features as well, so they can bill and receive payment into their account directly.

3. Finally, independent workers want a mobile-first bank account that allows them easy access from their phone — which is where most are doing their independent work via gig apps and freelance apps anyway.

4. Independent workers are looking for a bank account that can ease a bit of that work for them

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