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.

P2P Service Chuck Launches in Massachusetts
P2P Service Chuck Launches in Massachusetts
January 28, 2022  |  Digital Payments

A Reading, Massachusetts community bank will be the first to go live with P2P payment service Chuck, a report from American Banker says. Get the...

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US Banks Look for Interest Earning to Rebound in ’22
US Banks Look for Interest Earning to Rebound in ’22
January 27, 2022  |  Bank Regulation

A new economic forecast says U.S. banks will see more growth from the “bread and butter” business of taking deposits and lending money, Reuters writes....

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BIS Paper: Asia Virtual Banks Must Protect Consumer Data
BIS Paper: Asia Virtual Banks Must Protect Consumer Data
January 27, 2022  |  Data

A new Bank for International Settlements paper says Asian regulators must protect consumer data as financial institutions dole out more virtual bank cards, noting the...

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Decoupled Debit Turns Foreign Exchange Fees Into Donations for Frequent Travelers
Decoupled Debit Turns Foreign Exchange Fees Into Donations for Frequent Travelers
January 27, 2022  |  Next-Gen Debit

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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Financial Data Exchange: 28 Million US Consumers Now Use Its API for Open Banking Data Sharing
Financial Data Exchange: 28 Million US Consumers Now Use Its API for Open Banking Data...
January 26, 2022  |  API

FDX has reported 28 million consumer accounts now using its FDX API for open finance and open banking data sharing, a press release says. Get...

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Shareholders OK Merger of Columbia Banking, Umpqua Holdings
Shareholders OK Merger of Columbia Banking, Umpqua Holdings
January 26, 2022  |  Partnerships / Acquisitions

Columbia Banking Systems, which is the parent of Columbia State Bank, has gotten the green light to merge with Umpqua Holdings, a Seeking Alpha report...

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LendingClub Aims for the Cloud, More Mobile-First Platforms in ’22
LendingClub Aims for the Cloud, More Mobile-First Platforms in ’22
January 26, 2022  |  Payment Methods

In a Q4 LendingClub earnings call, CEO Scott Sanborn laid out the company’s vision for 2022, to keep building its on-balance-sheet loan portfolio and moving...

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Tuum Notches $16.9M for its Next-Generation Banking Network
Tuum Notches $16.9M for its Next-Generation Banking Network
January 26, 2022  |  Investments

Estonia-based FinTech Tuum, formerly Modularbank, announced a 15 million euro ($16.9 million) funding round, according to Sifted. Get the Full Story Complete the form to unlock...

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Banks and Businesses Say Fraud Isn’t a Problem — Until It Happens to Them
Banks and Businesses Say Fraud Isn’t a Problem — Until It Happens to Them
January 26, 2022  |  Security & Fraud

Most people think their relatively paltry sum of money isn’t enough to make them the target of fraud, especially when there are so many other...

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