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.

SMB Bank Platform Novo Raises $90M
SMB Bank Platform Novo Raises $90M
January 11, 2022  |  Investments

Novo announced Tuesday (Jan. 11) it has raised $90 million in Series B funding, bringing the valuation of the small business banking platform to $700...

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French Neobank Qonto Accelerates European Growth With $550M Round
French Neobank Qonto Accelerates European Growth With $550M Round
January 11, 2022  |  Investments

Qonto, the Paris-based neobank for small- to medium-sized businesses (SMBs) and freelancers, has raised 486 million euros ($552 million) in Series D funding, the Paris-based...

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FinTechs Poised to Poach More SMBs From Banks in 2022 With Speed and Specialization
FinTechs Poised to Poach More SMBs From Banks in 2022 With Speed and Specialization
January 11, 2022  |  SMBs

Will 2022 be the year of the “Scooby Doo” ending when FinTechs reveal their true ambition to dominate small and medium-sized business (SMB) banking at...

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Brazilian Bank Topaz Buys Majority Stake in Cobiscorp
Brazilian Bank Topaz Buys Majority Stake in Cobiscorp
January 11, 2022  |  Acquisitions

The Brazilian FinTech Stefanini Group has acquired a majority stake in Cobiscorp, an American core banking software maker, as part of a larger plan to...

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CBANC Debuts B2B FinTech Marketplace for CUs, Small Banks
CBANC Debuts B2B FinTech Marketplace for CUs, Small Banks
January 10, 2022  |  B2B Payments

Online banking and credit union community CBANC on Monday (Jan. 10) launched a new platform that features an online marketplace of products and solutions for...

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PBOC Has Open Banking, Supervision, Regulation on 2022-2025 FinTech Agenda
PBOC Has Open Banking, Supervision, Regulation on 2022-2025 FinTech Agenda
January 10, 2022  |  International

On Friday (Jan. 7), the People’s Bank of China released its Financial Science and Technology Plan for 2022-2025, which aims to support the growth of...

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Analysts Expect Big Banks to Post Record Profits for ’21
Analysts Expect Big Banks to Post Record Profits for ’21
January 09, 2022  |  Banking

The biggest Wall Street banks are set to report new record profits in 2021, due to bumper investment banking fees and less-than-expected losses on loans,...

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Fighting Fraudulent Transactions, By the Numbers
Fighting Fraudulent Transactions, By the Numbers
January 07, 2022  |  Fraud Prevention

In the fall of 2021, PYMNTS, working with the Mastercard affiliate Brighertion, interviewed dozens of banking executives to determine how acquiring banks use artificial intelligence...

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What Do SMBs Want From Their Banks?
What Do SMBs Want From Their Banks?
January 07, 2022  |  SMBs

Most American businesses are smaller businesses, employing nearly half of all U.S. workers, according to the Small Business Administration. Get the Full Story Complete the...

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