banking

Banking is an industry that handles cash, credit, and other financial transactions. Banks provide a safe place to store extra cash and credit. One key step towards financial independence is having a solid banking account.
BNY Mellon Unveils Cash Management Solution for Treasury Services Clients
BNY Mellon Unveils Cash Management Solution for Treasury Services Clients
January 29, 2024  |  Banking

BNY Mellon has unveiled its new cash management solution, called Virtual Account-Based Solutions. This offering aims to provide clients with enhanced access and control over...

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SoFi New Member Additions Soared 44% Amid Strong ‘Cross-Buy’ Opportunities
SoFi New Member Additions Soared 44% Amid Strong ‘Cross-Buy’ Opportunities
January 29, 2024  |  Earnings

SoFi Technologies said in its latest earnings report that it had seen significant growth in cross-selling activity, and noted that the vast majority of its...

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Regional Banks Try to Smooth ‘Scar Tissue’ of SVB Collapse
Regional Banks Try to Smooth ‘Scar Tissue’ of SVB Collapse
January 29, 2024  |  Banking

America’s regional lenders say they’re emerging from the shadow of Silicon Valley Bank. That bank’s collapse last year sent shockwaves through the industry, but now, executives...

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Experian Launches Service to Secure Savings and Cancel Unwanted Subscriptions
Experian Launches Service to Secure Savings and Cancel Unwanted Subscriptions
January 29, 2024  |  Subscriptions

Experian launched a new feature that can identify opportunities for consumers to save on recurring bills and paid subscriptions. The free savings scan feature is...

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JPMorgan Forms Expanded Commercial & Investment Bank, Makes Management Changes
JPMorgan Forms Expanded Commercial & Investment Bank, Makes Management Changes
January 26, 2024  |  Personnel

JPMorgan Chase has made several changes to its leadership and organizational structure as it works to “position the firm for the future.” “The senior management...

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Lloyds Slashes Jobs as Banking Customers Shift to Digital
Lloyds Slashes Jobs as Banking Customers Shift to Digital
January 25, 2024  |  Banking

Lloyds Bank is reportedly eliminating 1,600 jobs amid an increased focus on digital banking. The British lender also plans to create 830 new jobs for its “relationship growth” team...

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Jack Henry Launches Centralized Business Banking Solution for Community Banks
Jack Henry Launches Centralized Business Banking Solution for Community Banks
January 25, 2024  |  Banking

Jack Henry has introduced a cloud-native banking solution designed to enable community banks and credit unions to better support small and medium-sized businesses (SMBs). The...

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Santander Mexico to Launch Digital Bank Service This Year
Santander Mexico to Launch Digital Bank Service This Year
January 24, 2024  |  Banking

Santander Mexico, a subsidiary of global banking giant Santander, is preparing to launch its digital bank service. Matias Nunez, the head of digital and innovation...

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CFPB Proposes Banning NSF Fees on Declined Real-Time Payments
CFPB Proposes Banning NSF Fees on Declined Real-Time Payments
January 24, 2024  |  CFPB

The Consumer Financial Protection Bureau proposed a new rule to prevent banks and other financial institutions from charging non-sufficient funds fees on transactions declined in...

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