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.

First Tech Federal Credit Union on Pulling FinTechs Into the Partnership Fold to Boost Innovation
First Tech Federal Credit Union on Pulling FinTechs Into the Partnership Fold to Boost Innovation
February 24, 2022  |  Credit Unions

Credit Unions that want to be more like FinTechs are now partnering with them to burnish their digital bona fides. In the Credit Union Tracker,...

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Hong Kong’s Virtual Banks Woo Customers With Cash Prizes, Numberless Credit Cards
Hong Kong’s Virtual Banks Woo Customers With Cash Prizes, Numberless Credit Cards
February 23, 2022  |  Digital Banking

Several virtual banks have been gaining advantage in Hong Kong by luring consumers to leave brick-and-mortar lenders, The Wall Street Journal reported Wednesday (Feb. 23)....

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HSBC CEO: No Plans to Buy Citi’s Banamex Bank in Mexico
HSBC CEO: No Plans to Buy Citi’s Banamex Bank in Mexico
February 23, 2022  |  Banking

HSBC executives, representing one of Mexico’s biggest banks, have told investors that the bank doesn’t want to buy out Citigroup’s consumer bank Banamex, Reuters reported...

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Today in FinTech: Credit Unions Turn to FinTech Partnerships to Level the Playing Field
Today in FinTech: Credit Unions Turn to FinTech Partnerships to Level the Playing Field
February 23, 2022  |  Banking

In today’s FinTech news, credit unions are finding that to compete like a FinTech, they need to grab a partner, while South African FinTech startup...

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Blockchain Projects Meet Real-World Headwinds
Blockchain Projects Meet Real-World Headwinds
February 23, 2022  |  Blockchain

Not all that long ago, blockchain was the answer to every problem in financial services, to every problem in connectivity. Get the Full Story Complete...

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Japan’s MUFG Suspends Payments Platform GO-NET
Japan’s MUFG Suspends Payments Platform GO-NET
February 23, 2022  |  Digital Payments

Japan’s Mitsubishi UFJ Financial Group (MUFG) is suspending operations of its blockchain-based payments platform GO-NET, citing a sluggish economy and the difficulty of commercializing the...

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German Virtual Bank Penta Aims for $500M Valuation
German Virtual Bank Penta Aims for $500M Valuation
February 23, 2022  |  Investments

German digital business banking platform Penta is speaking with potential investors as it seeks a valuation of between $453 million and $567 million (400 million...

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Credit Unions Partner With FinTechs to Compete Like One
Credit Unions Partner With FinTechs to Compete Like One
February 23, 2022  |  Credit Unions

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

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EMEA Daily: Regulator Could Order Meta to Stop EU-US Data Transfers; Russian Finance Ministry Proposes Crypto Rules
EMEA Daily: Regulator Could Order Meta to Stop EU-US Data Transfers; Russian Finance Ministry Proposes...
February 22, 2022  |  International

In today’s top Europe, Middle East and Africa news, Meta is facing an order to suspend data transfers to the United States by the European...

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