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.

Beneficial State Bank Closes on $218M in Treasury Funding to Small Business, Consumers in Marginalized Communities

Beneficial State Bank Closes on $218M in Treasury Funding to Small Business, Consumers in Marginalized Communities
Beneficial State Bank Closes on $218M in Treasury Funding to Small Business, Consumers in Marginalized...
June 09, 2022  |  Investments

Beneficial State Bank closed on an equity investment of $218 million from the U.S. Treasury’s Emergency Capital Investment Program (ECIP) Thursday (June 9), which will...

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Atomic Repay Allows Customers to Embed Repayments From Paychecks
Atomic Repay Allows Customers to Embed Repayments From Paychecks
June 09, 2022  |  Personal Finance

Payroll connectivity solutions platform Atomic and embedded finance company Bond Financial Technologies on Thursday (June 9) broadened their relationship with the debut of Repay, an...

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FinTech Backbase Raises $128M to Boost Consumer-Focused Engagement Banking
FinTech Backbase Raises $128M to Boost Consumer-Focused Engagement Banking
June 09, 2022  |  Investments

Engagement banking platform Backbase has raised almost $128 million in growth equity from FinTech specialist private equity firm Motive Partners, which it will use to...

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EMEA Daily: Western Union, Mambu Partner on Digital Banking
EMEA Daily: Western Union, Mambu Partner on Digital Banking
June 09, 2022  |  emea

In today’s top stories from Europe, the Middle East and Africa, Western Union teams up with cloud banking platform Mambu to provide digital banking products...

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Apple Ditching Banking Partners in BNPL Scheme
Apple Ditching Banking Partners in BNPL Scheme
June 09, 2022  |  Apple

Instead of having a banking partner like other buy now, pay later (BNPL) programs, Apple is going rouge and is handling the lending itself through...

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Startup Rauva Developing ‘Super App’ for Europe’s Mediterranean Region
Startup Rauva Developing ‘Super App’ for Europe’s Mediterranean Region
June 08, 2022  |  Startups

Two entrepreneurs are working together to launch the financial “super app” Rauva for Europe’s Mediterranean region and provide an integrated solution that’s compatible across countries....

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Western Union Signals Grand Neobank Ambitions With Marqeta Pact
Western Union Signals Grand Neobank Ambitions With Marqeta Pact
June 07, 2022  |  Digital-First Banking

In one fell swoop, Western Union may become the biggest neobank of all — and its reach already touches roughly 150 million customers across 200...

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BaaS Provider LHV UK Raises $38M to Pursue British Banking License
BaaS Provider LHV UK Raises $38M to Pursue British Banking License
June 07, 2022  |  Investments

Banking-as-a-Service (BaaS) provider LHV UK has raised 30 million British pounds (about $38 million) to finance the creation of a new British bank, UK Tech...

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Deep Dive: How FIs Can Capture the BaaS Opportunity to Engage Digital-First Customers
Deep Dive: How FIs Can Capture the BaaS Opportunity to Engage Digital-First Customers
June 07, 2022  |  Banking

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