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.

French Startup Finary Raises $9M Series A to Reinvent Private Banking

French Startup Finary Raises $9M Series A to Reinvent Private Banking
French Startup Finary Raises $9M Series A to Reinvent Private Banking
February 24, 2022  |  Investments

Wealth aggregator Finary raised $8.9 million in a Series A funding round (8 million euros) just a few months after its 2.2 million euros ($2.4...

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Rosbank Operating in ‘Normal Manner’ Amid Ukraine Invasion
Rosbank Operating in ‘Normal Manner’ Amid Ukraine Invasion
February 24, 2022  |  Banking

French bank Societe Generale says its Russian unit Rosbank was operating normally Thursday (Feb. 24) amid Russia’s invasion of the Ukraine, and that it was...

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UK’s Open Banking Chief Calls on Regulators to Streamline, Accelerate the Technology 
UK’s Open Banking Chief Calls on Regulators to Streamline, Accelerate the Technology 
February 24, 2022  |  Banking

The leader of United Kingdom’s open banking organization has called on regulators to accelerate debut of the technology. Get the Full Story Complete the form...

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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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