Vanguard Group is shutting down a service for larger customers that paired a debit card with tools to help them manage cash. The feature let clients write checks and pay bills out of a Vanguard account. The service was launched as a way for the money-management behemoth to press deeper into the financial lives of individual investors. Vanguard is now ending the service on July 31, an acknowledgment the offering couldn’t rival what banks provide.

Source: Wall Street Journal March 03, 2019 18:56 UTC