Online-only banks offer advantages like competitive interest rates, but consumers may miss brick-and-mortar services.

Arkansas-based Arvest Bank announced late Friday morning that its mobile and online banking facilities are down.

With each passing day, more and more people go digital, relying on mobile devices and internet access for all kinds of needs, ...

However, in the mid-2000s, many virtual banks emerged due to the ease of access via the Internet and mobile phones. All transactions in a virtual bank are handled entirely online, whereas "online ...