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.

Lawsuit in England Alleges Crypto Lender Nexo Prevented Withdrawals

Lawsuit in England Alleges Crypto Lender Nexo Prevented Withdrawals
Lawsuit in England Alleges Crypto Lender Nexo Prevented Withdrawals
November 21, 2022  |  Cryptocurrency

Cryptocurrency lender Nexo is being sued in England by investors who claim the company prevented them from withdrawing assets worth $126 million in March 2021...

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Worldline Neonomics Partnership Aims for Pan-European Open Banking API Coverage
Worldline Neonomics Partnership Aims for Pan-European Open Banking API Coverage
November 21, 2022  |  Partnerships

Worldline has entered into a commercial partnership with open banking specialist Neonomics, the French-based global payments firm announced in a press release on Monday (Nov...

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Mobile Devices Move Passwordless Future to the Here and Now
Mobile Devices Move Passwordless Future to the Here and Now
November 21, 2022  |  Authentication

Mobile devices, biometrics and identity tokenization are helping to make passwordless identity authentication a reality, Rodger Desai, chief executive officer of Prove Identity, told PYMNTS’...

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Rising Deposit Fraud Disrupts FinTechs’ Customer Experience and Vibe 
Rising Deposit Fraud Disrupts FinTechs’ Customer Experience and Vibe 
November 18, 2022  |  Security & Fraud

Fraud is top of mind in tech — especially in payments — and not just because of the collapse of crypto trading firm FTX. Get...

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Chase Expands Special Purpose Credit Program for Small Businesses
Chase Expands Special Purpose Credit Program for Small Businesses
November 18, 2022  |  Banking

Aiming to expand credit access to businesses in historically underserved areas, Chase has announced the nationwide rollout of its Special Purpose Credit Program (SPCP). Get...

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Is Higher Fraud Risk an Unintended Consequence of Fed’s New Debit Routing Rule?
Is Higher Fraud Risk an Unintended Consequence of Fed’s New Debit Routing Rule?
November 18, 2022  |  Fraud Prevention

Last month, the Fed said it was officially ending debit network exclusivity across all channels. Beginning in 2023, all debit card issuers must enable merchants...

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Finzly Launches Treasury Management Platform for Global Banking
Finzly Launches Treasury Management Platform for Global Banking
November 17, 2022  |  B2B Payments

FinTech Finzly has released an advanced version of its treasury management platform that enables banks to offer their business, commercial and corporate clients global transaction...

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BaFin President: Banks’ Interest in Crypto Is ‘Limited’
BaFin President: Banks’ Interest in Crypto Is ‘Limited’
November 17, 2022  |  Cryptocurrency

In an interview published on the European Central Bank website, Mark Branson, member of the supervisory board of the ECB and president of the German...

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BMO Teams With FISPAN to Simplify Business Banking
BMO Teams With FISPAN to Simplify Business Banking
November 17, 2022  |  Banking

BMO has joined forces with FISPAN to offer the bank’s business clients direct access to everyday banking from their enterprise resource planning (ERP) or accounting...

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