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.

Some Central Bankers Signal Support for Private Sector Digital Currencies Over CBDCs
Some Central Bankers Signal Support for Private Sector Digital Currencies Over CBDCs
July 26, 2022  |  CBDC

Conventional wisdom holds that, as digital currencies continue to evolve and as bitcoin and its brethren joust with the traditional banking system, central banks would...

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Virgin Money Announces BNPL Credit Card
Virgin Money Announces BNPL Credit Card
July 26, 2022  |  BNPL

British bank Virgin Money announced the launch of a new credit card that will allow customers to spread their payments over several months, entering the...

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‘Cultural Fit’ Matters When Picking a B2B Payments Partner
‘Cultural Fit’ Matters When Picking a B2B Payments Partner
July 26, 2022  |  B2B Payments

The days of simply operating with a cash register and credit card machine on the counter are long gone, said Matt Good, senior vice president...

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Algorand Adviser Says Digital Dollar Could Be Lifeline, Not a Threat to Banks
Algorand Adviser Says Digital Dollar Could Be Lifeline, Not a Threat to Banks
July 25, 2022  |  CBDC

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China Merchants Bank Scraps 5-Year FinTech Project With JD
China Merchants Bank Scraps 5-Year FinTech Project With JD
July 25, 2022  |  Banking

After more than five years of working on a FinTech project with Chinese eCommerce marketplace JD.com, commercial lender China Merchants Bank (CMB) has decided not to move forward...

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Credit Suisse Reportedly Weighing More Cost Cuts
Credit Suisse Reportedly Weighing More Cost Cuts
July 24, 2022  |  Banking

Zurich-based Credit Suisse is reportedly considering new ways to slash its costs after a poor performance in the last quarter. Get the Full Story Complete...

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French Digital Bank Qonto to Acquire Penta
French Digital Bank Qonto to Acquire Penta
July 22, 2022  |  Acquisitions

Qonto, the French digital bank for small businesses and freelancers, on Friday (July 22) announced its intent to acquire German rival Penta. The purchase price...

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CFPB to Seek Feedback on Open Banking Rulemaking in November
CFPB to Seek Feedback on Open Banking Rulemaking in November
July 22, 2022  |  Regulation

Open banking continues to grow and so do regulatory frameworks that aim at fostering its use. Get the Full Story Complete the form to unlock...

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New Survey Shows Local Charitable Support Holds Big Sway Over Where People Bank
New Survey Shows Local Charitable Support Holds Big Sway Over Where People Bank
July 22, 2022  |  Consumer Finance

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