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.

Higher Institutional Expenses Lead to $370B Decline in US Bank Deposits

Higher Institutional Expenses Lead to $370B Decline in US Bank Deposits
Higher Institutional Expenses Lead to $370B Decline in US Bank Deposits
September 13, 2022  |  Banking

Deposits at U.S. banks are down $370 billion in the second quarter for the first time since 2018, and the banking industry also reported a...

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PYMNTS Intelligence: Convenience Is King in Money Mobility
PYMNTS Intelligence: Convenience Is King in Money Mobility
September 13, 2022  |  Disbursements

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Ingo CEO on Avoiding Account Funding’s ‘Russian Roulette’
Ingo CEO on Avoiding Account Funding’s ‘Russian Roulette’
September 13, 2022  |  Security & Fraud

“If the fraudsters find a hole, they’re going to run a bunch of transactions through it,” Ingo Money CEO Drew Edwards remarked to Karen Webster....

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BofA Names Mike Joo as New N. America Corporate, Investment Banking Head
BofA Names Mike Joo as New N. America Corporate, Investment Banking Head
September 12, 2022  |  Personnel

Bank of America has named Mike Joo as North American head of its global corporate and investment banking (GCIB) group, which is a new role,...

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Today in B2B Payments: 2 Companies Offer B2B Solutions for Workplace Meals
Today in B2B Payments: 2 Companies Offer B2B Solutions for Workplace Meals
September 12, 2022  |  B2B Payments

Today in B2B payments, DoorDash adds news features to its DoorDash for Work product suite, while Freshly launches a B2B arm called FreshlyWell. Plus, Chargezoom...

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JPMorgan Payments’ Renovite Acquisition Aimed at Boosting Connected Commerce
JPMorgan Payments’ Renovite Acquisition Aimed at Boosting Connected Commerce
September 12, 2022  |  Acquisitions

Maybe not Stripe, and maybe not Block — not specifically, anyway. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

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Western Union Acquires Te Enviei to Speed Digital Wallet Launch in Brazil
Western Union Acquires Te Enviei to Speed Digital Wallet Launch in Brazil
September 12, 2022  |  Mobile Wallets

Western Union will begin offering its digital wallet in Latin America in the first half 2023, beginning with a launch in Brazil enabled by the...

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Turkish Banks Reduce Corporate Lending Due to New Banking Regulations
Turkish Banks Reduce Corporate Lending Due to New Banking Regulations
September 12, 2022  |  Digital-First Banking

Turkish banking regulations meant to keep the cost of credit low for small to medium-sized businesses (SMBs) and exporters are reportedly causing banks to pull...

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Study Finds Fewer Than 10% of Consumers Use FinTechs as a Primary Bank
Study Finds Fewer Than 10% of Consumers Use FinTechs as a Primary Bank
September 12, 2022  |  Consumer Finance

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