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.

US Unbanked Population Shrinks to 4%

US Unbanked Population Shrinks to 4%
US Unbanked Population Shrinks to 4%
October 26, 2022  |  Financial Inclusion

Even in the face of the economic hardships that came with COVID-19, America’s unbanked dropped to around 4% last year. Get the Full Story Complete...

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Bank Outsourcing Drives Digital Transformation In MENA Financial Services Sector
Bank Outsourcing Drives Digital Transformation In MENA Financial Services Sector
October 25, 2022  |  Digital-First Banking

With decades-old legacy infrastructure and the rise of digital-only players disrupting the banking space, financial institutions (FIs) stand to gain a lot from digital transformation....

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EU Eyes Requiring PSPs to Offer Instant Euro Payments
EU Eyes Requiring PSPs to Offer Instant Euro Payments
October 25, 2022  |  Payment Methods

The European Commission is preparing to publish a draft payment law on Wednesday that will require payment service providers to offer 24/7 instant euro payment...

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Legacy Players and Digital Disruptors Will Join Forces to Reshape Payments
Legacy Players and Digital Disruptors Will Join Forces to Reshape Payments
October 25, 2022  |  Digital Payments

To a large extent the future of payments will be built on foundations laid in the past, but greatly enhanced by digital innovations that are...

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Credit Suisse Settles French Tax Case for $235M
Credit Suisse Settles French Tax Case for $235M
October 24, 2022  |  AML

Credit Suisse will pay 238 million euros ($235 million) to settle a tax fraud and money laundering case in France. Get the Full Story Complete...

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Citi Unveils Integrated Payments and Billing Platform
Citi Unveils Integrated Payments and Billing Platform
October 24, 2022  |  Banking

Citi says it has integrated its Spring eCommerce and B2B digital payments services with Present and Pay, its electronic bill present platform. Get the Full...

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API Economy Paves Path to ‘Embedded Everything’
API Economy Paves Path to ‘Embedded Everything’
October 24, 2022  |  API

Within financial services, a “plug and play” approach that’s been made easy by a surge in simple API installations is paving the way toward embedded...

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Goldman Execs Battled Over End of Retail Banking, Report Says
Goldman Execs Battled Over End of Retail Banking, Report Says
October 23, 2022  |  Banking

A decision last week by Goldman Sachs to fold its consumer banking unit Marcus into other operations was the subject of conflict between CEO David...

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Banks Cut Neobanks’ First Mover Advantage on Fees and Tech
Banks Cut Neobanks’ First Mover Advantage on Fees and Tech
October 21, 2022  |  Digital-First Banking

In business, sometimes, the strategy is to be first — jumping into markets with new products and services, striving to capture consumers’ mind share, wallet...

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