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.

Fed Says FedNow, Instant Invoices Put Control in Payers’ Hands

Fed Says FedNow, Instant Invoices Put Control in Payers’ Hands
Fed Says FedNow, Instant Invoices Put Control in Payers’ Hands
July 27, 2022  |  Faster Payments

2023 will be a transformative year for financial services, marked by a new addition to the world of instant payments, Bernadette Ksepka, vice president and...

READ MORE >
Startups Use Tech Innovation to Move the Needle on Financial Exclusion in Egypt
Startups Use Tech Innovation to Move the Needle on Financial Exclusion in Egypt
July 26, 2022  |  Financial Inclusion

Financial exclusion is a broad category that can range from an inability to access banking services to cultural, economic, and infrastructural barriers to the adoption...

READ MORE >
Cannabis Bill Backer Sees New Hope For Passage
Cannabis Bill Backer Sees New Hope For Passage
July 26, 2022  |  Banking

The main sponsor of a law that would protect banks that do business with cannabis companies from the penalties of federal regulators said there’s new...

READ MORE >
Report: South Africa’s Biggest Banks at Risk for Money Laundering
Report: South Africa’s Biggest Banks at Risk for Money Laundering
July 26, 2022  |  Banking

The South African banking regulator has warned that the country’s banking industry is at risk of becoming ensnared in money laundering and terrorist financing activity....

READ MORE >
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...

READ MORE >
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...

READ MORE >
‘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...

READ MORE >
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

Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

READ MORE >
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...

READ MORE >